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How many accounts can I have?

A
Written by AJ
Updated over 2 weeks ago

Lucid Trading offers several account types, each designed to support a different phase of the trader’s journey. Below are the rules and limitations associated with each account type.

LucidTest

  • Account Limit: Up to 10 active LucidTest accounts per household.

  • Shared Limit: Households may hold a maximum of 10 accounts in total across LucidTest, LucidPro, and LucidDirect.

  • Example: If you have 5 LucidPro accounts, you may only hold 5 LucidTest accounts.

  • Reserve Limit: You may keep 5 LucidTest accounts in reserve while you have 5 funded accounts.

  • You may trade LucidTest accounts while they are in reserve.- Test accounts contribute to the overall 10-account limit across all account types, including LucidPro and LucidDirect.

LucidPro

  • Account Limit: Up to 5 active LucidPro accounts per household.

  • Shared Limit: LucidPro and LucidDirect accounts combined may not exceed 5 accounts total.

  • Example: If you have 3 LucidDirect accounts, you may only maintain 2 LucidPro accounts.

    - Example: You may own two LucidPro accounts and three LucidDirect accounts, totaling the five-account limit.

LucidDirect

  • Account Limit: Up to 5 active LucidDirect accounts per household.

  • Shared Limit: As with LucidPro, the total combined limit between LucidPro and LucidDirect is 5 accounts.

    - Example: If you hold three LucidDirect accounts, then you can only have two LucidPro accounts to stay within the combined limit.

LucidLive

  • Account Limit: Each household may hold 1 LucidLive account.

LucidEscrow

  • Account Limit: Each household may hold 1 LucidEscrow account.

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