PropValue

Head to head · 50K futures

vs

Apex Trader Funding vs Lucid Trading

Lucid Trading is the better value per attempt for 5 of our 5 example strategies, across 8 simulated accounts.

Winner by trading strategy

StrategyApex Trader FundingLucid TradingBetter value per attempt
ScalperIntraday 50K (with activation fee): $186 EV, 4% chance of $2,500LucidDaily 50K, EOD eval: $655 EV, 13% chance of $2,500Lucid Trading LucidDaily 50K, EOD eval
Momentum day traderIntraday 50K (with activation fee): $462 EV, 9% chance of $2,500LucidDaily 50K, EOD eval: $788 EV, 13% chance of $2,500Lucid Trading LucidDaily 50K, EOD eval
Home-run hitterEOD 50K (with activation fee): $442 EV, 9% chance of $2,500LucidFlex 50K: $723 EV, 11% chance of $2,500Lucid Trading LucidFlex 50K
Steady grinderIntraday 50K (with activation fee): $335 EV, 6% chance of $2,500LucidDirect 50K (straight to funded): $983 EV, 19% chance of $2,500Lucid Trading LucidDirect 50K (straight to funded)
News traderIntraday 50K (with activation fee): $487 EV, 9% chance of $2,500LucidFlex 50K: $703 EV, 11% chance of $2,500Lucid Trading LucidFlex 50K

Chance of $2,500 = chance of passing × chance of then taking home at least $2,500, after the split, in three months of funded trading. EV = expected value per evaluation purchase over the same three months, after fees, counting every payout. 12,000 simulated attempts per account and strategy. How the model works.

Rules side by side

Apex Trader Funding
EOD 50K (no activation fee)
Apex Trader Funding
Intraday 50K (no activation fee)
Apex Trader Funding
EOD 50K (with activation fee)
Apex Trader Funding
Intraday 50K (with activation fee)
Lucid Trading
LucidPro 50K
Lucid Trading
LucidFlex 50K
Lucid Trading
LucidDaily 50K, EOD eval
Lucid Trading
LucidDirect 50K (straight to funded)
Price$119$80$59$25$120$81$85$361
ActivationNoneNone$129$79NoneNoneNoneNone
Profit target$3,000$3,000$3,000$3,000$3,000$3,000$3,000None (straight to funded)
Drawdown (eval)$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 end-of-day trailing$2,000 end-of-day trailingNo evaluation
Drawdown (funded)$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing$2,000 end-of-day trailing$2,000 intraday trailing$2,000 end-of-day trailing
Daily loss limit$1,000 (pauses the day)$1,000 (pauses the day)$1,000 (pauses the day)$1,000 (pauses the day)$1,200 (pauses the day)$1,200 (pauses the day)$1,200 (pauses the day)$1,200 (pauses the day)
Consistency (eval)NoneNoneNoneNoneNoneBest day ≤ 40% of profitBest day ≤ 40% of profitNo evaluation
Consistency (funded)Best day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 50% of profitBest day ≤ 40% of profitNoneNoneBest day ≤ 20% of profit
Split100%100%100%100%90%90%90%90%
First payout5 winning days of $250+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $200+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $250+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5005 winning days of $200+ · $2,100 buffer kept in the account · minimum $500 · cap $1,5003 trading days · $2,100 buffer kept in the account · minimum $500 · cap $2,0005 winning days of $150+ · minimum $500 · cap $2,000 · 50% of profit withdrawable$2,100 buffer kept in the account · minimum $500 · no cap5 trading days · $3,000 profit first · minimum $500 · cap $2,000
Later payouts5 winning days of $250+ between payouts · caps $1,500, $2,000, $2,500, $2,500, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $200+ between payouts · caps $2,000, $2,500, $2,500, $3,000, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $250+ between payouts · caps $1,500, $2,000, $2,500, $2,500, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live5 winning days of $200+ between payouts · caps $2,000, $2,500, $2,500, $3,000, $3,000 (last repeats) · 6 payouts, then the account closes or moves to live3 trading days between payouts · caps $2,500 · $500 new profit before each · 5 payouts, then the account closes or moves to live5 winning days of $150+ between payouts · cap $2,000 · drawdown floor moves up to its lock level after a payout · 5 payouts, then the account closes or moves to liveas often as daily · no cap5 trading days between payouts · caps $2,000, $2,000, $2,500, $2,500 (last repeats) · $2,500 new profit before each · 5 payouts, then the account closes or moves to live
News tradingAllowedAllowedAllowedAllowedAllowedAllowedRestrictedAllowed
Micro-scalping ruleNoneNoneNoneNoneToo much profit from trades under 5 seconds is penalizedToo much profit from trades under 5 seconds is penalizedToo much profit from trades under 5 seconds is penalizedToo much profit from trades under 5 seconds is penalized
Copy tradingOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts onlyOwn accounts only
Max funded accounts202020205555
Max loss per tradeNo limitNo limitNo limitNo limitNo limitNo limitNo limitNo limit
Gambling clauseYes: the firm can refuse payouts or close accounts for gambling-style tradingYes: the firm can refuse payouts or close accounts for gambling-style tradingYes: the firm can refuse payouts or close accounts for gambling-style tradingYes: the firm can refuse payouts or close accounts for gambling-style tradingNone foundNone foundNone foundNone found

Full detail and sources: Apex Trader Funding · Lucid Trading. Dotted values are estimates still to be verified.