Bulenox vs Lucid Trading: prop firm rules compared

At the $50,000 account size, Bulenox's evaluation allows a $2,500 max drawdown (intraday trailing) against Lucid Trading's $2,000 (end-of-day trailing, locks at breakeven), with the same $3,000 profit target. Bulenox allows the larger drawdown at that size. Payouts are weekly (wednesdays) at Bulenox and on request once eligible at Lucid Trading.

Rule (evaluation phase)
BXBulenoxOption 1 (Intraday) model
LCLucid TradingLucidPro model
$25,000 account
Profit target$1,500$1,250
Daily loss limitNoneNone
Max drawdown$1,500$1,000
$50,000 account
Profit target$3,000$3,000
Daily loss limitNone$1,200 (soft pause)
Max drawdown$2,500$2,000
$100,000 account
Profit target$6,000$6,000
Daily loss limitNone$1,800 (soft pause)
Max drawdown$3,000$3,000
$150,000 account
Profit target$9,000$9,000
Daily loss limitNone$2,700 (soft pause)
Max drawdown$4,500$4,500
Firm-wide
Drawdown modelIntraday trailingEnd-of-day trailing, locks at breakeven
Consistency ruleNoneNone
Minimum trading daysNonenot verified — check the firm's site
Profit split100% of the first $10K, then 90/1090/10
Payout frequencyWeekly (Wednesdays)On request once eligible
Account sizes offered$25,000 · $50,000 · $100,000 · $150,000$25,000 · $50,000 · $100,000 · $150,000
Rules confidenceRules verifiedRules verified

Bulenox figures are for the Option 1 (Intraday) model; it also sells: Option 2 (EOD + soft daily loss).

Lucid Trading figures are for the LucidPro model; it also sells: LucidFlex, LucidDaily (EOD eval), LucidDaily (intraday eval), LucidDirect (no eval — target = first payout goal).

Rules last checked against each firm's own documentation on . Firms change their rules often, so confirm the current terms on Bulenox's site and Lucid Trading's site. Spotted a rule that changed? Tell us.

Where Bulenox and Lucid Trading differ

Consistency rule
Bulenox: None on any plan
Lucid Trading: None on LucidPro; max 40% of total profit from one day on LucidFlex; max 50% of total profit from one day on LucidDaily (EOD eval) and LucidDaily (intraday eval); max 20% of total profit from one day on LucidDirect
Max drawdown at $50K
Bulenox: $2,500 (Option 1)
Lucid Trading: $2,000 (LucidPro)
Plans sold
Bulenox: 2 plans: Option 1 and Option 2
Lucid Trading: 4 plans: LucidPro, LucidFlex, LucidDaily and LucidDirect
Automated trading
Bulenox: No written answer on record
Lucid Trading: Allowed in the evaluation and on a funded account
Profit split
Bulenox: 100% of the first $10K, then 90/10
Lucid Trading: 90/10
Payouts
Bulenox: Weekly (Wednesdays)
Lucid Trading: On request once eligible

Bulenox and Lucid Trading in brief

Bulenox

A Qualification account in two options. Option 1 trails intraday with no daily loss limit; Option 2 trails at end of day with a soft daily loss limit that pauses the day. Rithmic only. One-time fee, 30 days of access.

Lucid Trading

Four plans: LucidPro, LucidFlex, LucidDaily and LucidDirect. Every plan trails at end of day and locks at the initial balance plus $100; the LucidDaily evaluation is also sold with intraday trailing. Every daily loss limit is soft, a "soft breach" that does not fail the account.

How these rules play out

Bulenox's Option 1 plan and Lucid Trading's LucidDaily (intraday eval) plan trail the drawdown intraday: the floor follows the highest balance the account reaches during the session, open profit included, and never moves back down — a winning trade given back before it is closed still lifts it. For example, at Bulenox's Option 1 plan a $50,000 account starts with its floor at $47,500, $2,500 under the start; at Lucid Trading's LucidDaily (intraday eval) plan a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Bulenox's Option 2 plan and Lucid Trading's LucidPro, LucidFlex, LucidDaily (EOD eval) and LucidDirect plans the drawdown trails at end of day: the floor is recalculated once, from the closing balance, so open profit given back during the session does not raise it — but equity touching the floor during the session still counts. For example, at Bulenox's Option 2 plan a $50,000 account starts with its floor at $47,500, $2,500 under the start; at Lucid Trading's LucidPro, LucidFlex, LucidDaily (EOD eval) and LucidDirect plans a $50,000 account starts with its floor at $48,000, $2,000 under the start.

On Lucid Trading's LucidPro, LucidFlex, LucidDaily (EOD eval) and LucidDirect plans the trailing floor stops rising once it reaches breakeven and stays there.

A soft daily loss limit pauses the day instead of failing the account: reach it and open positions are flattened, trading stops until the next session, and the account stays open. Bulenox's Option 2 plan sets it at $1,100 on $50,000 and Lucid Trading's LucidPro, LucidDaily (EOD eval), LucidDaily (intraday eval) and LucidDirect plans set it at $1,200 on $50,000. Bulenox's Option 1 plan and Lucid Trading's LucidFlex plan have no daily loss limit, so a losing day is bounded only by the max drawdown.

Bulenox and Lucid Trading start the trading day at the same moment, 6:00 PM ET (5:00 PM CT); a daily loss limit counts from that reset, not from midnight.

A consistency rule caps how much of the total profit one day may carry. Lucid Trading's LucidFlex plan caps any single day at 40% of total profit, so it takes at least 3 profitable days to finish inside the rule. One day may then carry at most $1,200 of a $3,000 target. Lucid Trading's LucidDaily (EOD eval) and LucidDaily (intraday eval) plans cap any single day at 50% of total profit, so it takes at least 2 profitable days to finish inside the rule. One day may then carry at most $1,500 of a $3,000 target. Lucid Trading's LucidDirect plan caps any single day at 20% of total profit, so it takes at least 5 profitable days to finish inside the rule. One day may then carry at most $600 of a $3,000 target. Bulenox and Lucid Trading's LucidPro plan apply no consistency rule in the evaluation, so one large day can count in full.

Bulenox sets no minimum number of days.

On automated trading — a strategy or bot sending the orders — Bulenox has no written answer on record; at Lucid Trading it is allowed in the evaluation and on a funded account. Written answers: Lucid Trading (read ).

Choosing between Bulenox and Lucid Trading

Bulenox and Lucid Trading differ on 2 of the evaluation rules compared here: consistency rule and max drawdown at $50K. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Bulenox has no consistency rule; Lucid Trading caps one day at 20–50% of total profit on some plans and has no cap on others. In dollars at $50K, Bulenox asks for $3,000 of profit with $2,500 of drawdown room, Lucid Trading for $3,000 with $2,000.

Once funded, the profit split is 100% of the first $10K, then 90/10 at Bulenox and 90/10 at Lucid Trading. Payout terms — Bulenox: Weekly (Wednesdays); Lucid Trading: On request once eligible. Bulenox sells 2 plans: Option 1 and Option 2; Lucid Trading sells 4 plans: LucidPro, LucidFlex, LucidDaily and LucidDirect. Each plan carries its own version of the rules above, which is why they are listed plan by plan. If a strategy or bot will send your orders, Bulenox has no written answer on record, and Lucid Trading's written answer is allowed in the evaluation and on a funded account.

Read both rule sets against your own average day, then confirm the current terms on Bulenox's site and Lucid Trading's site. PassTraq tracks challenges at both firms using the same rule presets shown here.

Bulenox vs Lucid Trading: quick answers

Which has the larger drawdown at $50K, Bulenox or Lucid Trading?

Bulenox. Bulenox allows $2,500 (intraday trailing) and Lucid Trading $2,000 (end-of-day trailing) on a $50,000 evaluation.

Does Bulenox or Lucid Trading have a consistency rule?

Bulenox: none on any plan. Lucid Trading: none on LucidPro; max 40% of total profit from one day on LucidFlex; max 50% of total profit from one day on LucidDaily (EOD eval) and LucidDaily (intraday eval); max 20% of total profit from one day on LucidDirect.

Which has a daily loss limit, Bulenox or Lucid Trading?

Bulenox: no daily loss limit on Option 1; a soft limit that pauses the day ($1,100 at $50K) on Option 2. Lucid Trading: a soft limit that pauses the day ($1,200 at $50K) on LucidPro, LucidDaily (EOD eval), LucidDaily (intraday eval) and LucidDirect; no daily loss limit on LucidFlex.

Can you trade with a bot or strategy at Bulenox or Lucid Trading?

Bulenox: no written answer on record. Lucid Trading: allowed in the evaluation and on a funded account.

More comparisons

Rules are sourced from each firm's official help centre and can change without notice — always confirm on the firm's site before buying an evaluation. Where a link is a partner link, it is marked as such.