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Lucid Trading

7.8 B+
United States Futures
VS

Phoenix Trader Funding

7.0 B+
France Futures
Key Differences
Split 90% vs 80% Price $90 vs $39

Verdict: Who Wins?

Lucid Trading 3 wins
3 - 3
Phoenix Trader Funding 3 wins
Overall Rating 7.8 vs 7.0 Clear
TrustPilot 4.7 vs 4.6 Narrow
Starting Price $39 vs $90 Decisive
Profit Split 90% vs 80% Decisive
Safety Grade Both B+ Tie
Trust Score 72.5/100 vs 65.4/100 Clear
Platform Choice 8 vs 5 platforms Clear

Best For:

Budget-conscious traders Phoenix Trader Funding
Maximum profit potential Lucid Trading
Trust & reputation Phoenix Trader Funding
Fast payouts Phoenix Trader Funding

Visual Comparison

Lucid Trading Phoenix Trader Funding

Head-to-Head Comparison

Lucid Trading Metric Phoenix Trader Funding
7.8/10 PFM Score 7.0/10
4.7/5 (3,788) TrustPilot 4.6/5 (249)
B+ Safety Grade B+
65.4 B Trust Score 72.5 B+
90% Profit Split 80%
None (LucidPro $25K), EOD on larger sizes Daily Drawdown None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account
On-demand Payout Frequency Bi-Weekly
$90 Starting Price $39
White-Label Technology Proprietary
NinjaTrader, Tradovate, Quantower, MotiveWave, Rithmic Platforms Trading View, NinjaTrader, Tradovate, Quantower, Atas, dxFeed, Volumetrica, Rithmic
No Direct Path to Funded Yes
United States Country France
- Established Aug 2023
4 options Challenge Options 6 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size Lucid Trading Phoenix Trader Funding Savings
$25K $90 $39 Save $51
$50K $120 $69 Save $51
$100K $180 $269 Save $89

Lucid Trading vs Phoenix Trader Funding: Detailed Analysis

Lucid Trading and Phoenix Trader Funding are both Futures firms.

In terms of pricing, Phoenix Trader Funding is more affordable with challenges starting at $39, which is $51 less than Lucid Trading's starting price of $90. Lucid Trading offers 4 challenge options, while Phoenix Trader Funding offers 6.

Lucid Trading offers 90% profit split, while Phoenix Trader Funding offers 80%. Lucid Trading pays out On-demand, and Phoenix Trader Funding pays out Bi-Weekly.

For trust and reputation, Lucid Trading has a 4.7/5 TrustPilot rating with 3,788 reviews, while Phoenix Trader Funding has 4.6/5 with 249 reviews. Safety grades: Lucid Trading B+, Phoenix Trader Funding B+.

This is a close matchup with Lucid Trading winning 3 and Phoenix Trader Funding winning 3 of the categories we compared. The right choice depends on what matters most to you as a trader.

Pros & Cons

Lucid Trading
Pros
Fast payouts (avg 15 min), EOD drawdown, no hard breach rules, 250,000+ traders, $150M+ paid out, promo code VAULT
Cons
LucidFlex and LucidDirect pricing not publicly accessible (JS-rendered)
Phoenix Trader Funding
Pros
No daily drawdown on Classic accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 2-3 business days; unlimited free practice accounts
Cons
Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation

Active Deals & Promo Codes

Lucid Trading

No active deals

Phoenix Trader Funding
30% OFF 30% off every challenge but Merit Accounts
10% OFF 10% off Spark accounts. Verified live on phoenixtraderfunding.com homepage 2026-06-07 ("10% OFF on Spark Accounts, Starting at $35! ... Use This Code At Checkout JUNE").

Frequently Asked Questions

Which is better, Lucid Trading or Phoenix Trader Funding?

Both firms are competitive. Lucid Trading wins in 3 categories while Phoenix Trader Funding wins in 3. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.

Which is cheaper, Lucid Trading or Phoenix Trader Funding?

Phoenix Trader Funding has the lower starting price at $39. Lucid Trading offers 4 challenge options starting from $90, while Phoenix Trader Funding offers 6 options starting from $39.

Which has better reviews, Lucid Trading or Phoenix Trader Funding?

Lucid Trading has a higher TrustPilot rating of 4.7/5. Lucid Trading has 3,788 reviews while Phoenix Trader Funding has 249.

Which offers a higher profit split, Lucid Trading or Phoenix Trader Funding?

Lucid Trading offers a higher maximum profit split. Lucid Trading offers 90% while Phoenix Trader Funding offers 80%.

How fast do Lucid Trading and Phoenix Trader Funding pay out?

Lucid Trading has On-demand payouts while Phoenix Trader Funding offers Bi-Weekly payouts. Payout speed can be an important factor when choosing a prop firm.