Head-to-head comparison

Apex Trader Funding vs Lucid Trading

Apex is the big-catalog volume firm; Lucid is the program-specialist firm, its LucidTest/LucidPro tracks tailor the rule profile to specific trading styles.

Both honor code PIPFutures only

We may earn a commission if you buy through our partner link. Learn more.

Current offers

Apex Trader Funding

80% off with PIP

Up to 80% off with code PIP

Use code PIP for up to 80% off eligible evaluations. Applies to 7 eligible products.

Last checked: 6 days ago

Claim with code PIP

We may earn a commission if you buy through our partner link. Learn more.

Lucid Trading

35% off with PIP

Up to 35% off with code PIP

Use code PIP for up to 35% off eligible evaluations. Applies to 6 eligible products.

Last checked: 6 days ago

Claim with code PIP

We may earn a commission if you buy through our partner link. Learn more.

Quick verdict

Apex is the big-catalog volume firm; Lucid is the program-specialist firm, its LucidTest/LucidPro tracks tailor the rule profile to specific trading styles.

Pick Apex if

Pick Apex for a wide account catalog, heavy promo cycles, and trailing-drawdown mechanics you understand.

Read the Apex review

Pick Lucid if

Pick Lucid Trading if you want a program tailored to a style (scalp-heavy vs. swing), and you're willing to read the program-specific rules carefully.

Read the Lucid review

Price & PIP discount comparison

Apex discount percentages can be larger in absolute terms during promo cycles; Lucid's pricing is program-dependent and the PIP value differs by track.

Metric	Apex	Lucid
Cheapest evaluation	$25K Evaluation, $147	LucidTest $25K, $110
With PIP (cheapest)	$29 (save $118)	$72 (save $39)
Accounts offered	7 sizes	6 sizes
Reset fee	$80	$75
Activation fee	$130	$100
Current PIP offer	80% off all Apex evaluation accounts with code PIP	35% off Lucid Trading evaluation accounts with code PIP

Rule comparison

Apex uses a trailing drawdown with aggressive scaling caps; Lucid's rules shift depending on which program you buy, the payout threshold, drawdown behavior, and consistency rules all differ.

Apex vs Lucid rule comparison
Drawdown type	Apex: TrailingLucid: Hybrid
Consistency rule	Apex: 30% capLucid: 30% cap
News trading	Apex: RestrictedLucid: Restricted
Copy trading	Apex: AllowedLucid: Restricted
Overnight holds	Apex: Not allowedLucid: Not allowed
Min trading days	Apex: 7Lucid: 5
Profit split	Apex: 90/10Lucid: 90/10
Min payout	Apex: $500Lucid: $250

Platform comparison

Apex

Tradovate · CQG
NinjaTrader · Rithmic
Rithmic · Rithmic
Quantower
TradingView

Lucid

Tradovate · CQG
NinjaTrader · Rithmic
Rithmic · Rithmic
TradingView

Comparison FAQs

Which discount is better, Apex or Lucid?

Apex discount percentages can be larger in absolute terms during promo cycles; Lucid's pricing is program-dependent and the PIP value differs by track.

What's the biggest rule difference between Apex and Lucid?

Apex uses a trailing drawdown with aggressive scaling caps; Lucid's rules shift depending on which program you buy, the payout threshold, drawdown behavior, and consistency rules all differ.

When should I pick Apex?

Pick Apex for a wide account catalog, heavy promo cycles, and trailing-drawdown mechanics you understand.

When should I pick Lucid?

Pick Lucid Trading if you want a program tailored to a style (scalp-heavy vs. swing), and you're willing to read the program-specific rules carefully.

Can I use code PIP at both firms?

Yes. Code PIP applies at both Apex Trader Funding and Lucid Trading through our tracked link. The exact percentage and eligible products rotate; this page updates when either offer changes.

Keep going

Apex PIP code

Lucid PIP code

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