Verdict: Who Wins?
Phoenix Trader Funding
0 wins
Lucid Trading
3 wins
Our Pick
Best For:
Lucid Trading
Lucid Trading
Lucid Trading
Visual Comparison
Head-to-Head Comparison
| Phoenix Trader Funding | Metric | Lucid Trading |
|---|---|---|
| 7.4/10 | PFM Score | 7.8/10 ★ |
| 4.6/5 (243) | TrustPilot | 4.7/5 (3,645) ★ |
| B+ | Safety Grade | B+ |
| 80% | Profit Split | 100% first $10K, then 90/10 ★ |
| None on Classic/Spark evaluations; 25% Dynamic on Spark Direct $2K funded account | Daily Drawdown | EOD trailing on $25K (no DLL); DLL applies on $50K ($1,200), $100K ($1,800), $150K ($2,700) |
| On-demand (within 48h) | Payout Frequency | Daily |
| $39 | Starting Price | $ |
| Proprietary | Technology | White-Label |
| NinjaTrader, Tradovate, Quantower, Atas, Volumetrica, Rithmic | Platforms | NinjaTrader, Tradovate, Quantower, MotiveWave, Rithmic |
| Yes | Direct Path to Funded | No |
| United States | Country | United States |
| Aug 2023 | Established | Jan 2025 |
| 6 options | Challenge Options | 4 options |
Phoenix Trader Funding vs Lucid Trading: Detailed Analysis
Phoenix Trader Funding and Lucid Trading are both Futures firms. Phoenix Trader Funding has been in business longer, established in 2023, while Lucid Trading was founded in 2025.
Phoenix Trader Funding offers 80% profit split, while Lucid Trading offers 100% first $10K, then 90/10. Phoenix Trader Funding pays out On-demand (within 48h), and Lucid Trading pays out Daily.
For trust and reputation, Phoenix Trader Funding has a 4.6/5 TrustPilot rating with 243 reviews, while Lucid Trading has 4.7/5 with 3,645 reviews. Safety grades: Phoenix Trader Funding B+, Lucid Trading B+.
Overall, Lucid Trading edges ahead winning 3 out of 3 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.
Pros & Cons
Phoenix Trader Funding
Pros
Cons
Lucid Trading
Pros
Cons
Active Deals & Promo Codes
Phoenix Trader Funding
Lucid Trading
No active deals
Frequently Asked Questions
Which is better, Phoenix Trader Funding or Lucid Trading?
Lucid Trading scores higher overall, winning 3 out of 3 comparison categories including Overall Rating, TrustPilot, Profit Split. However, the best choice depends on your trading goals and priorities.
Which has better reviews, Phoenix Trader Funding or Lucid Trading?
Lucid Trading has a higher TrustPilot rating of 4.7/5. Phoenix Trader Funding has 243 reviews while Lucid Trading has 3,645.
Which offers a higher profit split, Phoenix Trader Funding or Lucid Trading?
Lucid Trading offers a higher maximum profit split. Phoenix Trader Funding offers 80% while Lucid Trading offers 100% first $10K, then 90/10.
How fast do Phoenix Trader Funding and Lucid Trading pay out?
Phoenix Trader Funding has On-demand (within 48h) payouts while Lucid Trading offers Daily payouts. Payout speed can be an important factor when choosing a prop firm.