Lucid Trading Review: The Best Futures Prop Firm for Dubai Traders?

What Is Lucid Trading?

Lucid Trading is a futures-only proprietary trading firm that launched in early 2025. They fund traders to trade CME-listed futures contracts (ES, NQ, YM, CL, GC, and more) through simulated evaluation accounts. Pass the evaluation, get a funded account, and keep 90% of your profits.

What makes Lucid different from most prop firms — and why it matters for Dubai traders specifically — comes down to three things: End-of-Day drawdown instead of intraday trailing, payouts that process in roughly 15 minutes, and a structure that is naturally Sharia-compatible because there are no overnight holds and no swap charges.

Lucid currently offers three active plans: LucidFlex (the flagship evaluation), LucidBlack (a premium evaluation with bonus features), and LucidDirect (skip the evaluation and start funded immediately). For most traders, especially in the UAE, LucidFlex is the best starting point — and that's what this review focuses on.

LucidFlex Plans: Pricing & Rules

LucidFlex is a one-phase evaluation. Hit the profit target without breaching drawdown, and you're funded. There's no time limit, no minimum trading days, and no monthly subscription. You pay once.

Evaluation Rules (What You Need to Pass)

The LucidFlex evaluation is straightforward. Hit the profit target while staying above the Max Loss Limit. Here's what makes it different from most firms:

• End-of-Day (EOD) drawdown: Your max loss only matters at the close of the session, not intraday. You can be down $1,800 at 11am, recover to close up $200, and your account is perfectly safe. On firms like Apex that use intraday trailing drawdown, you'd be breached the moment you hit that low.
• No Daily Loss Limit (DLL): Only the overall Max Loss Limit matters. No separate daily cap to worry about.
• No time limit: Take 3 days or 3 months. No pressure to rush.
• No minimum trading days: You can technically pass in a single day.
• 50% consistency rule (evaluation only): Your largest single day can't exceed 50% of your total profit. With the built-in cushion, this is very forgiving — most traders clear it easily by trading for 2-3 days.
• One-time fee: No monthly subscription. Pay once, trade until you pass.
• $0 activation fee: Pass the eval, get funded within 5-30 minutes. No extra charge.

Funded Account Rules (After You Pass)

Once you pass the evaluation, you trade a simulated funded account with real payout potential. The rules actually get easier on the funded side:

• No consistency rule: This is huge. Once funded, if you have a monster $4,000 day, you keep it all. No percentage caps on your best days.
• Same EOD drawdown: Your max loss still only calculates at end of day.
• No DLL: Same as evaluation — no daily loss limit.
• Scaling plan: Demonstrate consistent profitability and your account size increases.
• Path to live capital: After 6 payouts, you qualify for LucidLive — a real brokerage account funded with the firm's actual capital.

Payout Structure

This is where Lucid really stands out for UAE traders.

• Profit split: 90% to you, 10% to Lucid
• Payout speed: Average 15 minutes processing time
• Payout methods: ACH, wire transfer, PayPal, Plaid
• Minimum payout: $500
• Payout frequency: 5 profitable trading days per cycle (min $150/day on 50K)
• Payout caps: 50K = $2,000 per request, 150K = $3,000 per request
• Max payouts: 6 from each funded account before transitioning to LucidLive

End-of-Day Drawdown Explained

This is the single most important rule to understand, and it's the reason many scalpers and active traders prefer Lucid over firms like Apex or Topstep.

Most prop firms calculate drawdown intraday — if your account drops below the threshold at any point during the trading session, you're breached immediately. It doesn't matter if you recover. On Lucid, drawdown is calculated only at the end of the day.

Practical example (50K): Your starting balance is $50,000. The MLL is $2,000, meaning your account can't drop below $48,000 at end of day. As you make profit, the MLL trails upward. Once your closing balance reaches $52,100, the MLL locks at $50,100 — and stops moving forever. This means once you build a $2,100 cushion, your downside is locked and you have room to trade aggressively.

Is Lucid Trading Sharia-Friendly?

For UAE traders, this is a critical question. Lucid Trading's structure is the most Sharia-compatible we've found among futures prop firms, for several reasons:

• No overnight holds allowed: All positions must close before session end. This means no swap charges and no interest accumulation — the primary concern in Islamic finance.
• Simulated accounts: You're not trading with real borrowed capital, removing the issue of riba (interest-based lending).
• Profit-sharing model: The 90/10 split mirrors the Islamic Mudarabah partnership structure, where one party provides capital and the other provides expertise.
• Fees are assessment-based: The evaluation fee is a flat service charge, not a wagering stake or interest payment.

LucidBlack vs LucidFlex vs LucidDirect

Lucid offers three active plans. Here's how they compare:

Our pick: LucidFlex for most UAE traders. The zero funded consistency rule and no DLL give you maximum flexibility. LucidBlack is worth considering if faster payout cycles matter to you, but the 40% funded consistency rule adds a constraint that Flex doesn't have.