Lucid Trading vs The 5%ers: Which Offers Better Scaling?
When traders seek funded accounts with growth potential, the scaling program is a major factor in choosing a prop firm. Lucid Trading and The 5%ers are both popular firms that offer scaling for profitable traders. This article compares their scaling structures, benefits, and which might be a better fit depending on your trading style and goals.
Lucid Trading’s Scaling Model
Lucid Trading’s scaling program is performance-based, rewarding traders who consistently meet profit targets while adhering to strict risk management rules. Successful traders can see their capital allocation increase progressively, often doubling or tripling after each milestone. This incentivizes disciplined, sustainable growth rather than high-risk gambles.
The 5%ers Scaling Structure
The 5%ers use a tiered scaling program that rewards traders who hit monthly profit goals. Traders start at smaller accounts and can move up to larger capital pools as they maintain profitability and manage risk. The 5%ers emphasize consistent monthly performance over short-term spikes.
Comparing Key Features
- Profit Targets: Both firms require clear profit milestones, but Lucid Trading’s targets may vary based on account size, while The 5%ers emphasize steady monthly gains.
- Risk Controls: Lucid Trading enforces strict trailing drawdowns; The 5%ers have rigid daily and overall loss limits.
- Fee Structure: Fee models differ and may impact long-term cost-effectiveness.
- Support and Education: Both firms offer resources but differ in community engagement and mentorship availability.
Which Scaling Program Is Right for You?
Choose Lucid Trading if you value flexible scaling tied to risk-adjusted performance and want access to diverse markets. The 5%ers might suit traders seeking consistent monthly growth in a structured, rule-driven environment.
Conclusion
Both Lucid Trading and The 5%ers offer robust scaling programs. Understanding their nuances helps you align your trading approach with the program that best supports your career growth and risk appetite.