Discount codes

Lucid Trading terms and conditions: what the firm reserves

Lucid Trading: a reading of 12 clauses from its terms and rules, quoted word for word and recorded on 17 September 2026 from its official pages. Its documents reserve the right to change its rules, close an account without having to give a reason and sanction a practice that is not on its list. Law governing disputes: Delaware (United States), with mandatory arbitration and a class action waiver. Evaluation fees are refundable only under conditions.

Recorded on 21 September 2026

The clauses, one by one

For each question, the status drawn from the documents, what it changes for a trader, and the firm's sentence exactly as written.

  1. Can the firm change its rules, including for an account already purchased?

    Yes

    The rules in force at purchase are not locked in: a profit target, a drawdown or a payout condition can change during the life of the account.

    • Stated notice: none.
    • Changes also apply to accounts already purchased.
    Firm's wording · Section: Changes to the Terms of Use

    All changes are effective immediately when we post them, and apply to all access to and use of the Website, Software, and/or Services thereafter.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  2. Can the firm deny or reduce a payout at its discretion?

    Ambiguous wording

    A payout denial is tied to grounds, but some of them are defined by the firm itself or in broad terms.

    Firm's wording · Section: Prohibited Uses

    If you engaged in any of the prohibited uses as outlined herein, we may (a) consider it a failure to meet the conditions of these Terms of Use, (b) remove the transactions that violate the prohibition from your trading history and/or not count their results in the profits and/or losses achieved by such simulated trading, or (c) immediately cancel all access to the Website, Software and/or Services provided to you and subsequently terminate your access to your account.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  3. Can the firm close an account without cause?

    Yes

    An account, funded accounts included, can be closed without the firm having to justify the decision.

    • No refund is provided for on closure.
    Firm's wording · Section: Monitoring and Enforcement; Termination

    We have the right to disable any username, password, or other identifier, whether chosen by you or provided by us, at any time in our sole discretion for any or no reason, including if, in our opinion, you have violated any provision of these Terms of Use.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  4. Is the list of prohibited practices open-ended?

    Yes

    The list of prohibited practices is not exhaustive: a strategy that is not on it can still be sanctioned.

    Firm's wording · Section: Prohibited Uses

    Using any trading strategy that includes disruptive practices (as determined in Lucid's sole discretion, including but not limited to spoofing strategies, microscalping, hedging, and high frequency trading.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  5. Are accounts, funded ones included, simulated?

    Yes

    The documents say so: accounts are simulated. A payout is a sum paid by the firm, not the result of orders executed in the market.

    • Funded accounts are simulated as well.
    Firm's wording · Section: Commodity Futures Trading Commission Disclaimer

    You also acknowledge that any trading that you perform through the Website, Software and/or Services is not real.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  6. Are evaluation fees refundable?

    Under conditions

    A refund is possible, but only under conditions, such as a short window or an unused account.

    Firm's wording · Section: Refunds

    The Company may, in its sole discretion, consider refund requests for accounts that have never been traded.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  7. Which law applies to a dispute?

    Specified

    A dispute is settled under this law, often far from the trader's country.

    • Designated law: Delaware (United States).
    Firm's wording · Section: Governing Law and Jurisdiction

    All matters relating to the Website and these Terms of Use, and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the internal laws of the State of Delaware without giving effect to any choice or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction).

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  8. Is arbitration mandatory?

    Yes

    A dispute does not go before a court but before an arbitrator appointed under the contract.

    • The contract includes a class action waiver.
    Firm's wording · Section: Arbitration

    At Company's sole discretion, it may require you to submit any disputes arising from these Terms of Use or use of the Website, including disputes arising from or concerning their interpretation, violation, invalidity, non-performance, or termination, to final and binding arbitration under the Rules of Arbitration of the American Arbitration Association applying Delaware law.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  9. Is the firm's liability capped?

    Yes

    What a trader can claim if the firm is at fault is limited by the contract.

    • Cap: the amounts paid to the firm over the last month.
    Firm's wording · Section: Disclaimer of Liability for Isolated Technical Issues

    To the fullest extent permitted by law, in no event shall the Company's liability exceed the greater of one hundred dollars ($100.00) or the amount paid by the Client to the Company in the immediately preceding month.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  10. Does the contract set a time limit to bring a claim?

    Yes

    The contract sets a time limit to act: after it, the firm treats any claim as extinguished.

    • Time limit: 12 months.
    Firm's wording · Section: Limitation on Time to File Claims

    ANY CAUSE OF ACTION OR CLAIM YOU MAY HAVE ARISING OUT OF OR RELATING TO THESE TERMS OF USE OR THE WEBSITE MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES; OTHERWISE, SUCH CAUSE OF ACTION OR CLAIM IS PERMANENTLY BARRED.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  11. Who must check that the offer is legal in your country?

    Yes

    Checking that the offer is legal in the country of residence is the trader's responsibility, not the firm's.

    Firm's wording · Section: Acceptance of the Terms of Use

    It is your sole responsibility to ensure your use of this Website, the Software and/or the Services does not violate local laws.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

  12. What does the contract provide for a payment dispute?

    Yes

    Disputing a payment with your bank exposes you to a sanction set by the contract, such as the closure of your accounts.

    Firm's wording · Section: Chargebacks and Fraudulent Claims

    Clients who initiate a fraudulent or improper chargeback shall be permanently banned from all current and future access to Lucid Trading's services and platforms.

    Terms and conditions ↗Recorded on 17 September 2026Sentence found on the page on 21 September 2026

Monitored documents

Each document is reread by our watcher. Every change is dated, and each version is kept with the capture that proves it.

Between the last date of one version and the first date of the next, we do not know which text was online, and we do not assume.

Changes to these documents

When a sentence that touches a clause changes, it is quoted before and after. When the document moves without us being able to pin it to a sentence, the entry says so.

  1. Terms and conditions · page edited, change not quotable

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Frequently asked questions about the terms of Lucid Trading

Can Lucid Trading deny or reduce a payout?

The documents published by Lucid Trading do not settle the point clearly. A payout denial is tied to grounds, but some of them are defined by the firm itself or in broad terms.

Can Lucid Trading change its rules for an account already purchased?

Yes, according to the documents published by Lucid Trading. The rules in force at purchase are not locked in: a profit target, a drawdown or a payout condition can change during the life of the account. Stated notice: none. Changes also apply to accounts already purchased.

Are evaluation fees at Lucid Trading refundable?

Under conditions, according to the documents published by Lucid Trading. A refund is possible, but only under conditions, such as a short window or an unused account.

Does a dispute with Lucid Trading go to mandatory arbitration?

Yes, according to the documents published by Lucid Trading. A dispute does not go before a court but before an arbitrator appointed under the contract. The contract includes a class action waiver.

How these terms are read

We read the terms and conditions, trading rules and disclosures that each firm publishes on its own website, and only there. Every document goes through the same twelve-question grid. An answer is only published once the sentence it rests on has been found word for word in the page our watcher recorded itself, and then reviewed. We quote the text as written, without paraphrasing it, so that anyone can check it. When a document does not address a question, we say so, without inferring a yes or a no.

This page describes what documents say at a given date. It is not legal advice, it does not say whether a clause is valid under your national law, and it does not replace reading the full contract before a purchase.

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