My experience with Lucid Trading has been extremely disappointing.
I had trades lagging significantly during execution, which already put me at a disadvantage. On top of that, they went ahead and closed my trades without justification. I did not violate any rules, and I was trading fully within their stated guidelines.
To make matters worse, my account was breached, and instead of receiving proper support or resolution, I was left dealing with the consequences. At that point, I decided to close everything with them.
For a prop firm, trust and execution reliability are essential. Unfortunately, Lucid Trading failed on both fronts in my case. I would strongly advise traders to be cautious.
If you’re looking for a more reputable prop firm, I would recommend staying with Topstep instead.
Very disappointed with how this was handled.
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Lucid Trading is a funded firm that helps futures traders practice their strategies, improve risk management, and build capital as they prepare to trade in live markets. The team at Lucid Trading feels that there is an opportunity to merge elements from the new funded firms and old-school proprietary trading desks. Funded firms are an excellent starting point for aspiring traders. However, once they have proven they are ready for live markets, they need to be supported more in the way a traditional prop desk. Lucid Trading’s goal is to provide a clear path forward through all these phases.See more
