👉 Prop Firm Deals https://linktr.ee/covetrader
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on, guys? So, today I’m going to compare the top two prop firms in my eyes, which is Lucid Trading and Take Profit Trader. Before I do, if you’re looking to get any of these accounts, be sure to use code Cove Trader. Uh also with the Lucid, you can get a bigger discount with uh code Cove Trader than what’s shown here. Um but yeah, these are the top two firms that I personally think um and also I’m going to explain
Why I think they’re missing the boat. Um but before I get into that, I stream live every single day. If you want to see me trade these accounts, be sure to subscribe below. Uh but yeah, so I’m just going to jump into it. I’m going to explain why they’re the best, uh what’s good, what’s bad, and what they’re missing out on. So, right off the bat, uh so I trade mostly the flex accounts on Lucid. I believe when you compare this
To Take Profit Trader, Lucid flex accounts are the easiest accounts basically to get a payout in in all of prop firms. And the reason why is obviously you have end-of-day accounts, you have uh all you need is 5 days of $150 or more, and you can get a payout. So, you don’t need to hit a buffer, you don’t need to go uh you know, anything like that. It’s 5 days, 150 bucks each day, and boom, you can get a payout. That
To me has become the easiest account to get a payout in. I do this one, the 50K. Um you know, it’s 50% consistency on the eval side. Same with Take Profit Trader, you go funded, there is no activation fee on either one. And then basically uh $150 a day, 5 days, and you get paid. So, 5 days you have 50 you know, you you make 1,200 bucks, you can get paid. You make 1,500 bucks, you can get paid. So, that’s what
Makes them easy to me is you don’t need to hit the buffer. While Take Profit Trader, if you go there on a 50K account, you’re going to need to go over the buffer. The buffer is 5,200 5,200 bucks on the 50Ks. Um and then that’s it. You know, it is what it is. But, what’s good about Take Profit Trader is once you’re over the 5,200 like I am, you can get daily payouts. I’ve taken six daily payouts in a row. Monday,
Hopefully, is number seven. So, the fact that you could take daily payouts with no number to be hit once you I feel like once you’re over the buffer, Take Profit Trader has the edge. If you can get to 52,000, Take Profit Trader has the edge. If you’re looking to get paid before 52,000, Lucid has the edge. Uh also, Lucid, if you talking about payouts, Lucid pays you literally your money’s in your bank account in 5 minutes. Super fast. Take Profit Trader,
Uh you request it. I’ve gotten it sometimes almost instantly, sometimes it’s 4-5 hours. Obviously, still fast. I’m just explaining the difference. You know, when it comes to payout speed, Lucid has a faster payout speed. Um by the way, I always have accounts with both of these guys. I would never just go one or the other. Always both. For me personally, I like them for different reasons. Um and why I like having the accounts. Um I I don’t do direct, so I’ve
Never really done this. Just being honest with you. Uh I’ve always done the flex. A lot of people like the pro accounts. Um the one thing both Lucid and Take Profit Trader are missing the boat on is a brand new trader comes. They should offer like $20 accounts with like $150 activation fee. I know you’re going to say that’s expensive. Well, it’s not for you. It’s for the brand new person who’s going to blow 10 accounts to get their feet wet
With your firm. Um and then obviously once they know they’re passing at a higher rate, they’re going to switch to your other plans. But I think that they can attract more people if they had of an account like that. That’s just my personal opinion cuz I do know people use like Apex and Bull Nox because they’re going to either, you know, they’re either brand new or they’re going to YOLO it on news or whatever the fact it is. Um the cheapies
Bring people in. Um obviously I like this. So, these accounts literally I just bought them the other day with my code. It was like $65. Um which are on Oh, that’s an unreal price. Unreal price cuz that’s all in. Take Profit Trader is a little bit more expensive, but like I said, once you’re over the buffer, you have daily payouts. Um these flex accounts um you know, like I said, you needed uh to go over If you want daily payouts, I
Know that they have them. I do not I’ve never used one of the accounts. Here, funds daily. Oh, once you go live, you get daily accounts. I know they had did a whole changeover on their live program. Um I would say that the live program the edge goes to Take Profit Trader. You can have five accounts, 90/10 split, no rules, no nothing. Um you just can’t trade news. So it really doesn’t get better than that. But I do like Lucid. I
Haven’t been live with Lucid yet. That’s one of my goals this year. Um but yeah. I mean their plans are great. Like I said, I do 50K flex flexes where I usually sit. Um also customer support has been great. I like that the CEO is out in public. You can you can hit him up on X. Like I like a lot of things. They’re also coming out with something I they said April 5th. Looks like loot boxes. I don’t exactly know
What it is, but it could be super cool and it could change this whole video. So I’m making this video on April 3rd. Um I don’t know. We’ll see what happens. I’m I’m excited to see what they’re dropping. So to me Take Profit Traders like 1A and Lucid is 1B. Um I really like both these companies. But uh you know, I like that there’s no consistency rule on funded on either one of them. I like that they’re end-of-day accounts um here
And um yeah, it’s pretty pretty much equal. Pretty much equal with a few different changes here and there. But uh yeah, that’s a lot of people ask me cuz I say you know, they keep asking me what’s my favorite firm. I always say Take Profit Trader or Lucid. I just figured I’d just get my thoughts on a video. You can watch this video and those are just my honest thoughts. It’s not scripted, not nothing. I’m just Those are my thoughts. Um
But yeah, any questions, come on live stream and ask.
Leave a Reply