Being Evaluated for Live
Lucid's risk team continuously monitors trader performance to determine when a trader is ready to transition to live futures trading.
Traders enter the live review pool when one or more of the following conditions are met:
After receiving the final payout (Payout 5) on their plan
After being paid out a significant amount of capital lifetime
If they have exceptional performance in sim funded
If they have previously been moved live
Payout 5 represents the maximum payout level, not a guaranteed minimum for live eligibility. All live transitions occur at the discretion of the Lucid risk team.
Transition to Live
When a futures trader is moved to live:
Traders receive one live account per eligible funded account
Each funded account must have received at least one payout to qualify
All live accounts begin with:
$0 starting balance
Daily payouts
End-of-day drawdown
No daily loss limit
Funded Account Size | Starting Live Drawdown | Max Live Contract Limit* |
$1,000 | 2 minis or 20 micros | |
$2,000 | 4 minis or 40 micros | |
$3,000 | 6 minis or 60 micros | |
$4,500 | 10 minis or 100 micros |
*Certain extremely volatile contracts have reduced position sizing to ensure traders do not exceed the live drawdown.
Consistency Rules at Live
There are no consistency requirements for live accounts. Once promoted from sim-funded to live, consistency rules no longer apply regardless of your account type (LucidPro, LucidFlex, LucidDirect).
Locking the Live MLL
If a trader requests a live payout before getting over the live drawdown, the Max Loss Limit locks to $100.
Live Bonus
The first time a trader is moved live under the new program, they may be eligible to earn a one-time bonus - provided they've never held a Legacy Live account.
To earn the Live Bonus:
Generate live profits equal to your starting live drawdown
When achieved:
The Live Bonus is paid out
Funded Account Size | Live Target | Live Bonus |
$1,100 | $1,000 | |
$2,100 | $2,000 | |
$3,100 | $3,000 | |
$4,600 | $4,500 |
Example
A trader is moved live with five $50,000 funded accounts:
Each account starts with $0 balance and $2,000 drawdown
The trader earns $2,100 in each account
Lucid releases a $2,000 Live Bonus as a payout to the trader
Trader received a $10,000 bonus payout
The bonus may be earned on all accounts moved live on the first trip under the new system. However, traders moved live 2 or more times will not be eligible for the bonus on subsequent sets of accounts. The bonus is not eligible for traders with LucidMaxx status.
Cooldown
Traders who have been moved live may return to purchase a new evaluation after blowing a live account..
Standard cooldown period: 2 weeks
Traders who repeatedly blow live accounts due to reckless or "yolo" behavior may be subject to longer cooldowns at the discretion of the risk team
LucidMaxx Status
Select traders may eventually earn LucidMaxx status.
LucidMaxx traders:
May purchase the LucidMaxx evaluation
Receive access to daily, uncapped payouts and instant live capital
Please refer to the LucidMaxx documentation for full details.
LucidLive Account FAQ
Do all funded prop accounts move live at once?
Yes. All eligible funded prop accounts (with at least one payout) are moved when a trader transitions to live.
What happens to remaining simulated prop accounts?
All simulated prop accounts are closed when a trader is moved live. If a funded account is not moved live because it has 0 payouts, the evaluation cost of that account will be refunded. If you are not comfortable with evaluations being closed, do not keep evaluations in reserve.
If I am live, can someone in my household still trade sim?
No. If one household member is trading live, others may not trade simulated accounts.
Can I hedge my live accounts?
Absolutely not. Hedging live accounts is strictly prohibited by both Lucid and the CME. Violations will result in a permanent ban.
