Lucid Trading
Futures
Phoenix Trader Funding
3.4 B+
Futures
Verdict: Who Wins?
Lucid Trading
2 wins
Phoenix Trader Funding
2 wins
Best For:
Lucid Trading
Lucid Trading
Lucid Trading
Visual Comparison
Head-to-Head Comparison
| Lucid Trading | Metric | Phoenix Trader Funding |
|---|---|---|
| — | PFM Score | 3.4/10 |
| 4.7/5 (3,645) ★ | TrustPilot | 4.6/5 (243) |
| — | Safety Grade | B+ ★ |
| 100% first $10K, then 90/10 ★ | Profit Split | 80% |
| EOD trailing on $25K (no DLL); DLL applies on $50K ($1,200), $100K ($1,800), $150K ($2,700) | Daily Drawdown | None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account |
| Daily | Payout Frequency | On-demand (within 48h) |
| $ | Starting Price | $39 |
| White-Label | Technology | Proprietary |
| NinjaTrader, Tradovate, Quantower, MotiveWave, Rithmic | Platforms | NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic |
| No | Direct Path to Funded | Yes |
| United States | Country | United States |
| Jan 2025 | Established | Aug 2023 |
| 4 options | Challenge Options | 6 options |
Lucid Trading vs Phoenix Trader Funding: Detailed Analysis
Lucid Trading and Phoenix Trader Funding are both Futures firms. Phoenix Trader Funding has been in business longer, established in 2023, while Lucid Trading was founded in 2025.
Lucid Trading offers 100% first $10K, then 90/10 profit split, while Phoenix Trader Funding offers 80%. Lucid Trading pays out Daily, and Phoenix Trader Funding pays out On-demand (within 48h).
For trust and reputation, Lucid Trading has a 4.7/5 TrustPilot rating with 3,645 reviews, while Phoenix Trader Funding has 4.6/5 with 243 reviews.
This is a close matchup with Lucid Trading winning 2 and Phoenix Trader Funding winning 2 of the categories we compared. The right choice depends on what matters most to you as a trader.
Pros & Cons
Lucid Trading
Pros
Cons
Phoenix Trader Funding
Pros
Cons
Active Deals & Promo Codes
Lucid Trading
No active deals
Phoenix Trader Funding
Frequently Asked Questions
Which is better, Lucid Trading or Phoenix Trader Funding?
Both firms are competitive. Lucid Trading wins in 2 categories while Phoenix Trader Funding wins in 2. The best choice depends on what you prioritize: pricing, profit split, trust ratings, or payout speed.
Which has better reviews, Lucid Trading or Phoenix Trader Funding?
Lucid Trading has a higher TrustPilot rating of 4.7/5. Lucid Trading has 3,645 reviews while Phoenix Trader Funding has 243.
Which offers a higher profit split, Lucid Trading or Phoenix Trader Funding?
Lucid Trading offers a higher maximum profit split. Lucid Trading offers 100% first $10K, then 90/10 while Phoenix Trader Funding offers 80%.
How fast do Lucid Trading and Phoenix Trader Funding pay out?
Lucid Trading has Daily payouts while Phoenix Trader Funding offers On-demand (within 48h) payouts. Payout speed can be an important factor when choosing a prop firm.