Lucid Trading explicitly allows third-party trade copiers — and MimikTrader is built for exactly this. Copy every trade from your leader account to up to 5 funded accounts in real-time via Tradovate. Built-in EOD trailing drawdown protection, position size enforcement, and per-account risk rules keep every account safe. Combined with Lucid's one-time fee model, a trade copier pays for itself fast.
Lucid Trading is one of the few prop firms that explicitly permits third-party trade copiers and automation. Combined with their one-time fee model and up to 5 funded accounts, MimikTrader becomes a force multiplier for your trading.
Lucid Trading's rules explicitly permit third-party copier tools and automation (no HFT). You can use MimikTrader without worrying about policy violations. This is stated in their terms — not an ambiguous gray area.
Lucid charges a one-time evaluation fee with no recurring monthly subscription from the prop firm side. This means the cost of adding MimikTrader is recovered quickly — you are not stacking monthly fees on top of monthly fees.
Lucid allows up to 5 funded accounts totaling $750K in capital. MimikTrader lets you copy trades to all 5 from a single leader, with independent risk rules on each. One strategy, five accounts, one click.
Lucid Trading supports both Tradovate and Rithmic routing depending on your plan. MimikTrader connects through the Tradovate API today, covering LucidFlex and other Tradovate-routed plans. Rithmic integration for LucidDirect is on the roadmap and coming soon.
LucidFlex is Lucid Trading's most popular plan — and it routes through Tradovate, which MimikTrader supports today. Connect via OAuth, discover all your LucidFlex accounts automatically, and start copying trades immediately. No desktop software required.
LucidDirect accounts route through Rithmic. MimikTrader's Rithmic integration is in active development. Sign up for a MimikTrader account to be notified the moment Rithmic support goes live. Your LucidDirect accounts will then connect seamlessly alongside your Tradovate-routed ones.
Lucid Trading enforces risk rules at end of day. MimikTrader monitors in real-time on every tick, giving you intraday protection that catches risk events before the session close.
Lucid rule: Lucid Trading uses an end-of-day trailing drawdown. The drawdown locks (stops trailing) once your account exceeds the profit target plus $100, converting to a static floor.
MimikTrader: MimikTrader's trailing drawdown tracks equity in real-time on every price tick. Set the threshold to match your plan's published value. Once the drawdown locks in Lucid's system, you can update MimikTrader to use a static floor instead of trailing — giving you exact parity with their rule.
Lucid rule: LucidFlex has no daily loss limit — the trailing drawdown is the only risk control. LucidPro and LucidDirect have a daily loss limit that triggers a soft breach.
MimikTrader: For LucidFlex followers, skip the daily limit or set a personal cap for extra safety. For LucidPro/LucidDirect followers, configure MimikTrader's daily loss limit to match the published threshold. Each account is configured independently.
Lucid rule: Lucid Trading uses a scaling plan for position sizes. On a $50K account, you start with approximately 4 minis and the limit increases as your balance grows.
MimikTrader: Configure MimikTrader's max contract limit per follower to match your current scaling tier. As Lucid increases your allowed position size, update the setting. The copier will reject any order that would exceed the limit on a specific follower.
Lucid rule: Once your account balance exceeds the profit target plus $100, Lucid's trailing drawdown locks and stops trailing — becoming a static minimum balance floor.
MimikTrader: When your Lucid account reaches the lock threshold, switch MimikTrader's trailing drawdown to a fixed daily loss limit set at the locked floor. This ensures MimikTrader's protection matches Lucid's exact mechanic at every stage of your account's growth.
Create your MimikTrader account. The 7-day free trial gives you full access to test with your Lucid Trading accounts — no credit card required.
Authorize through the Tradovate OAuth flow with your Lucid/Tradovate credentials. All your Tradovate-routed Lucid accounts appear automatically.
Pick your leader, add Lucid followers, and configure per-account risk rules. Set drawdown thresholds, position limits, and lot multipliers for each account.
Trade on your leader as you normally would. Every entry, exit, and bracket order copies to all followers in milliseconds with full risk protection.
Match LucidPro/LucidDirect daily limits or set personal caps on LucidFlex for extra safety.
Real-time tick-level equity tracking that enforces Lucid's EOD trailing drawdown intraday.
Lock accounts when profit goals are met. Align with Lucid's drawdown lock threshold.
Instant position closure and account lock when any risk rule is breached.
Enforce Lucid's scaling position limits per account automatically.
Cumulative weekly controls for additional safety beyond daily checks.
Limit round-trips per day to stay disciplined across all accounts.
Risk rules checked on every market tick, not just at trade entry.
Lucid Trading offers both Tradovate and Rithmic routing depending on your plan. For Tradovate-routed accounts (including LucidFlex), click Connect Account in MimikTrader and log in through the Tradovate OAuth flow. All your Lucid accounts on Tradovate will be discovered automatically. Rithmic-routed accounts (LucidDirect) will be supported when MimikTrader's Rithmic integration launches — sign up to be notified.
Yes. Lucid Trading explicitly allows copy trading and third-party copier tools. Automation is also permitted — the only restriction is no high-frequency trading (HFT). MimikTrader copies trades between your own accounts in real-time, which is fully within Lucid's stated policies. Always check Lucid Trading's current terms to confirm ongoing compliance.
Lucid Trading uses an end-of-day trailing drawdown that locks once your account exceeds the profit target plus $100. MimikTrader's trailing drawdown feature tracks your equity in real-time on every price tick — more granular than an end-of-day check. Set the threshold to match your plan's published value and MimikTrader will auto-flatten positions before a breach during the trading session.
LucidFlex — the most popular plan — has no daily loss limit. LucidPro and LucidDirect have a daily loss limit that triggers a soft breach. Set MimikTrader's daily loss limit to match your specific plan. For LucidFlex accounts, you can skip the daily limit or set a personal cap as an optional safety layer.
Lucid Trading uses a scaling plan for position sizes — for example, approximately 4 minis on a $50K account at the starting level. Configure MimikTrader's max contract limit per follower to match. As your account balance grows and Lucid increases your allowed position size, update the MimikTrader setting accordingly.
Yes. Lucid Trading allows up to 5 funded accounts (maximum $750K combined). Set one account as your leader, add up to 4 others as followers, and every trade copies in real-time. Each follower gets independent risk settings and lot multipliers.
Extremely well. Because Lucid Trading charges a one-time evaluation fee with no monthly subscription, the cost of adding MimikTrader is offset quickly. You pay once for the evaluation, and MimikTrader helps you protect and manage all your funded accounts going forward without compounding monthly costs from the prop firm side.
MimikTrader currently supports Tradovate-routed accounts, which includes LucidFlex and some other Lucid plans. Rithmic support for LucidDirect accounts is coming soon. Sign up to be notified when Rithmic integration launches. In the meantime, any Lucid account routed through Tradovate is fully supported today.
No. LucidFlex — the most popular Lucid Trading plan — has no news trading restrictions. You can trade through high-impact events freely. Other Lucid plans may have different rules, so check with Lucid Trading directly for your specific plan type.
Yes. MimikTrader offers a 7-day free trial with full access to all features, including trailing drawdown, daily loss limits, and unlimited copy groups. Connect your Lucid Trading accounts and test the complete workflow at no cost.