Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Lucid Trading Lucid Trading
Phoenix Trader Funding Phoenix Trader Funding
Lucid Trading Get Started
Phoenix Trader Funding 3.4 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established Jan 2025 Aug 2023
Technology White-Label Proprietary
Platforms NinjaTrader, Tradovate, Quantower, MotiveWave, Rithmic NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic
Trading Rules
Profit Split 100% first $10K, then 90/10 Best 80%
Daily Drawdown EOD trailing on $25K (no DLL); DLL applies on $50K ($1,200), $100K ($1,800), $150K ($2,700) None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account
Payout Frequency Daily
15 min average payout time, no payout windows 		On-demand (within 48h)
Payouts processed within 48 hours from request to bank account via PayPal or Payoneer
Direct Path to Funded ✗ No ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Real-time activations (5-30 min), no activation fees, one-time fee no monthly subscription, EOD drawdowns, 10:1 micro scaling, 90/10 profit split (100% first $10K), no payout windows, transition to LucidLive real-capital account, daily withdrawals on LucidLive, large active Discord community (58K members)
  • No daily drawdown on Classic accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 48h; unlimited free practice accounts
Main Drawbacks
  • New firm (founded 2025), reset fees required after failed evals, max 5 funded accounts per household
  • Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
Offers & Promo Codes
Active Offers No offers
30% off every challenge but Merit Accounts PFMAP

Challenge Details

Lucid Trading Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$ $25K 1 Step P1: $1,250
 P1: —
None (no DLL on 25K)
P1: $1,000 EOD
 100% first $10K, then 90/10 None
$ $50K 1 Step P1: $3,000
 P1: $1,200
DLL $1,200
P1: $2,000 EOD
 100% first $10K, then 90/10 None
$ $100K 1 Step P1: $6,000
 P1: $1,800
DLL $1,800
P1: $3,000 EOD
 100% first $10K, then 90/10 None
$ $150K 1 Step P1: $9,000
 P1: $2,700
DLL $2,700
P1: $4,500 EOD
 100% first $10K, then 90/10 None

Phoenix Trader Funding Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39 $25K 1 Step P1: $1,500
 P1: —
No daily drawdown limit
P1: $1,000 trailing EOD
 90% $29
$69 $50K 1 Step P1: $3,000
 P1: —
No daily drawdown limit
P1: $2,000 trailing EOD
 90% $29
$69 $2K Instant P1: —
 P1: 25% Dynamic
25% dynamic daily drawdown on $2K account
P1: $2,000 static
 80% None
$89 $25K 1 Step P1: $1,500
 P1: —
No daily drawdown limit
P1: $1,500 trailing EOD
 80% None
$128 $50K 1 Step P1: $3,000
 P1: —
No daily drawdown limit
P1: $2,000 trailing EOD
 80% None
$269 $100K 1 Step P1: $6,000
 P1: —
No daily drawdown limit
P1: $3,000 trailing EOD
 80% None
Lucid Trading
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Phoenix Trader Funding
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