Lucid Trading vs Alpha Futures: prop firm rules compared

At the $50,000 account size, Lucid Trading's evaluation allows a $2,000 max drawdown (end-of-day trailing, locks at breakeven) against Alpha Futures' $2,000 (end-of-day trailing, locks at breakeven), with the same $3,000 profit target. Both allow the same dollar drawdown at that size. Payouts are on request once eligible at Lucid Trading and up to 4 requests/month after 5 winning days of $200+ at Alpha Futures.

Rule (evaluation phase)
LCLucid TradingLucidPro model
AFAlpha FuturesZero model
$25,000 account
Profit target$1,250$1,500
Daily loss limitNone$500 (soft pause)
Max drawdown$1,000$1,000
$50,000 account
Profit target$3,000$3,000
Daily loss limit$1,200 (soft pause)$1,000 (soft pause)
Max drawdown$2,000$2,000
$100,000 account
Profit target$6,000$6,000
Daily loss limit$1,800 (soft pause)$2,000 (soft pause)
Max drawdown$3,000$3,000
Firm-wide
Drawdown modelEnd-of-day trailing, locks at breakevenEnd-of-day trailing, locks at breakeven
Consistency ruleNoneNone
Minimum trading daysnot verified — check the firm's site1 trading day
Profit split90/1090/10
Payout frequencyOn request once eligibleUp to 4 requests/month after 5 winning days of $200+
Account sizes offered$25,000 · $50,000 · $100,000 · $150,000$25,000 · $50,000 · $100,000
Rules confidenceRules verifiedRules verified

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).

Alpha Futures figures are for the Zero model; it also sells: Standard, Advanced.

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

Where Lucid Trading and Alpha Futures differ

Drawdown model
Lucid Trading: End-of-day trailing on LucidPro, LucidFlex, LucidDaily (EOD eval) and LucidDirect; intraday trailing on LucidDaily (intraday eval)
Alpha Futures: End-of-day trailing on every plan
Consistency rule
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
Alpha Futures: None on Zero; max 50% of total profit from one day on Standard; max 40% of total profit from one day on Advanced
Daily loss limit at $50K
Lucid Trading: $1,200 (LucidPro)
Alpha Futures: $1,000 (Zero)
Plans sold
Lucid Trading: 4 plans: LucidPro, LucidFlex, LucidDaily and LucidDirect
Alpha Futures: 3 plans: Zero, Standard and Advanced
Automated trading
Lucid Trading: Allowed in the evaluation and on a funded account
Alpha Futures: No written answer on record
Payouts
Lucid Trading: On request once eligible
Alpha Futures: Up to 4 requests/month after 5 winning days of $200+

Lucid Trading and Alpha Futures in brief

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.

Alpha Futures

Every plan trails at end of day and locks at the starting balance. Zero has a soft Daily Loss Guard; Standard has a 50% consistency rule in the evaluation, Advanced a 40% one. Trades on AlphaTrader, TradingView and WealthCharts; no Rithmic, NinjaTrader or Tradovate.

How these rules play out

Lucid Trading's LucidDaily (intraday eval) plan trails 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 Lucid Trading's LucidDaily (intraday eval) plan 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 and Alpha Futures 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 Lucid Trading's LucidPro, LucidFlex, LucidDaily (EOD eval) and LucidDirect plans and Alpha Futures 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 and Alpha Futures 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. Lucid Trading's LucidPro, LucidDaily (EOD eval), LucidDaily (intraday eval) and LucidDirect plans set it at $1,200 on $50,000 and Alpha Futures' Zero plan sets it at $1,000 on $50,000. Lucid Trading's LucidFlex plan and Alpha Futures' Standard and Advanced plans have no daily loss limit, so a losing day is bounded only by the max drawdown.

Lucid Trading and Alpha Futures 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 and Alpha Futures' Advanced plan cap 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 and $1,600 of a $4,000 target. Lucid Trading's LucidDaily (EOD eval) and LucidDaily (intraday eval) plans and Alpha Futures' Standard plan 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. Lucid Trading's LucidPro plan and Alpha Futures' Zero plan apply no consistency rule in the evaluation, so one large day can count in full.

Alpha Futures requires at least 1 trading day on Zero, 2 on Standard and 3 on Advanced before a pass.

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

Choosing between Lucid Trading and Alpha Futures

Lucid Trading and Alpha Futures differ on 3 of the evaluation rules compared here: drawdown model, consistency rule and daily loss limit at $50K. If your trades often run into open profit that you give back before closing them, start with the drawdown: Lucid Trading trails intraday or at end of day, depending on the plan, while Alpha Futures trails at end of day. If one or two large days make up most of your profit, the consistency rule sets how fast you can finish: Lucid Trading caps one day at 20–50% of total profit on some plans and has no cap on others; Alpha Futures caps one day at 40–50% of total profit on some plans and has no cap on others.

Payout terms once funded — Lucid Trading: On request once eligible; Alpha Futures: Up to 4 requests/month after 5 winning days of $200+. Lucid Trading sells 4 plans: LucidPro, LucidFlex, LucidDaily and LucidDirect; Alpha Futures sells 3 plans: Zero, Standard and Advanced. 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, Lucid Trading's written answer is allowed in the evaluation and on a funded account, and Alpha Futures has no written answer on record.

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

Lucid Trading vs Alpha Futures: quick answers

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

Neither: both allow $2,000 on a $50,000 evaluation (Lucid Trading: end-of-day trailing; Alpha Futures: end-of-day trailing).

Does Lucid Trading or Alpha Futures have a consistency rule?

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. Alpha Futures: none on Zero; max 50% of total profit from one day on Standard; max 40% of total profit from one day on Advanced.

Which has a daily loss limit, Lucid Trading or Alpha Futures?

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. Alpha Futures: a soft limit that pauses the day ($1,000 at $50K) on Zero; no daily loss limit on Standard and Advanced.

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

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

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.