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How do LucidDirect payouts work?

A
Written by AJ Campanella
Updated today

General Requirements

To be eligible for a payout from a LucidDirect account:

  • You must not violate any Trading Rules, Terms & Conditions, or the LucidDirect Account Agreement.

  • Payout requests are final once submitted, they cannot be edited or canceled.

Profit Split

  • Traders receive 100% of the first $10,000 in payouts from Lucid Trading funded accounts.

  • After reaching $10,000 in total payouts, all funded account payouts are split 90% to the trader and 10% profit share to Lucid Trading.

Payout Requirements

All of the following requirements must be met to qualify for a payout. These conditions reset after every approved payout.

1. Minimum Days Traded

  • You must place at least one trade on 10 separate trading days

  • A trading day counts if you place a trade between 6:00 PM EST and 4:45 PM EST the following day.

  • The trading day count resets to zero after each approved payout.

2. Consistency Percentage

  • Your largest single-day profit must be no more than 20% of your total profit during the payout cycle

  • The 20% Consistency Percentage resets after each payout

  • See the Rules section for full details on consistency calculations.

3. Payout Profit Goal

To be eligible for a payout, you must reach a minimum profit goal during each payout cycle. This profit goal resets to $0 after each approved payout.

Account Size

Profit Goal 1

Profit Goal 2+

$50,000

$3,000

$2,500

$150,000

$9,000

$4,500

Payout Minimums and Maximums

  • Minimum payout request: $500

  • Maximum payout amounts depend on account size and payout cycle:

Account Size

Payouts 1-3

Payouts 4-6

$50,000

$2,000

$2,500

$150,000

$3,000

$3,500

Payout Window

  • There is no fixed payout window, you may request a payout any day after meeting all eligibility criteria.

  • Once approved:

    • Funds will be deducted from your account within a few minutes.

    • Payouts will be disbursed to your payment method within 2 business days.

Amount Moved to LucidLive

When a trader is moved from LucidDirect to LucidLive, a portion of their simulated profits will be used to calculate the starting balance in LucidLive. The maximum amount eligible to be transferred for each LucidDirect account is the lesser of your total simulated profit in each account or the cap set by account size:

Account Size

Maximum Moved Live Per Account

$50,000

$5,000

$150,000

$15,000

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