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Phoenix Trader Funding

7.4 B+
United States Futures
VS

Lucid Trading

7.8 B+
United States Futures
Key Differences
Split 80% vs 100%

Verdict: Who Wins?

Phoenix Trader Funding 0 wins
0 3
Lucid Trading 3 wins Our Pick
Overall Rating 7.8 vs 7.4
TrustPilot 4.7 vs 4.6
Profit Split 100% first $10K, then 90/10 vs 80%
Safety Grade Both B+

Best For:

Maximum profit potential Lucid Trading
Trust & reputation Lucid Trading
Fast payouts Lucid Trading

Visual Comparison

Phoenix Trader Funding Lucid Trading

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
No daily drawdown on Classic accounts; free monthly reset coupon; proprietary Odin platform; PayPal/Payoneer payouts within 48h; unlimited free practice accounts
Cons
Trailing EOD drawdown can be restrictive; 50% consistency rule on Classic evaluation
Lucid Trading
Pros
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)
Cons
New firm (founded 2025), reset fees required after failed evals, max 5 funded accounts per household

Active Deals & Promo Codes

Phoenix Trader Funding
30% OFF 30% off every challenge but Merit Accounts
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.