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LucidLive Account Liquidation

A
Written by AJ
Updated over a month ago

Overview

Trading involves risk, and even experienced traders can go through extended drawdowns. If your LucidLive account is liquidated due to loss, it does not mark the end of your journey with Lucid Trading. We’ve designed a recovery process to help traders bounce back through our Lucid Escrow System.

First Liquidation

If your first LucidLive account is liquidated:

  • You will be automatically transitioned to a LucidEscrow account

  • The LucidEscrow account gives you a second opportunity to qualify for live trading

  • Your starting balance in LucidEscrow will equal the remaining escrow amount held when your LucidLive account was liquidated

Refer to the Lucid Escrow System page for the criteria to return to live trading from Escrow.

Second Liquidation

If your second LucidLive account is also liquidated due to drawdown:

  • Your case will be reviewed by Lucid Trading’s risk management team

  • Re-entry to LucidLive will be considered on a case-by-case basis

Lucid Trading is committed to supporting long-term traders while upholding standards of responsible risk management.

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