General Requirements
To be eligible for a payout from a LucidDaily account:
You must not violate any Trading Rules, Terms & Conditions, or the LucidDaily Account Agreement.
Payout requests are final once submitted, they cannot be edited or canceled.
Profit Split Structure
All LucidDaily funded account payouts are split 90% to the trader and 10% to Lucid Trading.
Payout Eligibility Criteria
There are two requirements must be met in LucidDaily to qualify for a payout.
1. Profit Over Buffer Balance
To request a payout, your profits must exceed the buffer balance, which acts as a safety net to avoid hitting Max Loss Limit after a payout. You can not take a payout from the buffer balance.
The buffer is equal to: Initial Max Loss Limit + $100
Important: If you take a trade before your payout is processed that drops your balance into the buffer, your request may be denied. Get more details at the bottom of this page.
2. Net Profit Since Last Payout
Traders must have positive net profit (even just $1) between each payout request in order to request a payout. This objective simply ensures traders have made at least some amount of money between requests. As long as you have profit above the buffer and have positive net profit since your last payout, you are eligible for payout.
Maximum Daily Profit
LucidDaily differs from our other plans in that it doesn't follow a strict payout cap per request structure. Instead, there is a maximum amount of sim profit that can be earned in a day. If you meet or exceed the daily amount you are automatically moved live.
Payout Minimums and Maximums
The minimum payout request per account is $500
Payout maximum is the amount of sim profits built above the buffer
Payout Timing and Processing
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.