Lucid Trading vs TradeDay
In-depth comparison of Lucid Trading and TradeDay. Compare pricing, evaluation rules, payout structures, and platforms to choose the best prop firm for your trading style.
Lucid Trading
TradeDay
Quick Comparison
| Feature | Lucid Trading | TradeDay |
|---|---|---|
| Rating | 4.4/5 | 4.5/5 |
| Starting Price | $165/mo | $169/mo |
| Evaluation Phases | 2 phases | 2 phases |
| Profit Target | 6% | 6% |
| Max Drawdown | 5% | 5% |
| Profit Split | 80% | 80% |
| Payout Frequency | Weekly | Bi-weekly |
| Platforms | Rithmic | RithmicTradovateNinjaTrader |
Pricing
Lucid Trading starts at $165/mo while TradeDay starts at $169/mo. Lucid Trading offers more affordable entry points.
Evaluation Rules
Lucid Trading has 2 phase(s) with 5% max drawdown. TradeDay has 2 phase(s) with 5% max drawdown. Both have similar rule strictness.
Payout Structure
Lucid Trading offers 80% profit split with Weekly payouts. TradeDay offers 80% with Bi-weekly payouts. Both offer competitive payout structures.
Platform Options
Lucid Trading supports 1 platform(s): Rithmic. TradeDay supports 3 platform(s): Rithmic, Tradovate, NinjaTrader. TradeDay offers more platform flexibility.
Lucid Trading - Pros & Cons
Pros
- Clear rules
- Weekly payouts
Cons
- Limited platforms
- No scaling
TradeDay - Pros & Cons
Pros
- Multiple platforms
- Good pricing
Cons
- Two-phase
- Standard rules
Final Verdict
Based on our comprehensive analysis, TradeDay edges ahead with a 4.5/5 rating compared to 4.4/5.