Lucid Trading Setup Guide: Complete Account Creation Steps

Getting started with Lucid Trading is simple — but only if you follow the setup steps in the correct order. This guide walks you through everything: data feed agreements, platform access, dashboard setup, licenses, and the exact differences between Rithmic and Tradovate/NinjaTrader connections.

Whether you're joining LucidFlex, LucidTest, or LucidDirect, the onboarding process is almost identical. This article shows you how to go from signup → platform login → full trading environment in minutes.

Why the Lucid Setup Process Matters

Lucid accounts are simulation-based, but they require real-time exchange data. That means:

• CME data agreements
• Correct credentials
• Correct platform configuration
• Understanding Rithmic vs CQG (Tradovate/NinjaTrader)
• Knowing where your dashboard and OTP login live

The better your setup, the smoother your first week of trading — and the faster you’ll reach funded status or your first payout cycle.

Rithmic vs. CQG: Which Feed Does Lucid Use?

Lucid supports both major futures data backends:

• Rithmic → for RTrader, Quantower, MotiveWave, NinjaTrader, Project X
• CQG (via Tradovate) → for Tradovate and NinjaTrader/TradingView connections

Here’s the breakdown:

Step 1 — Sign Your Rithmic Agreements (Mandatory)

If you trade on Rithmic, you must sign your market data agreements in RTrader before you can log in to any platform.

✔ Download RTrader (Windows)

https://rithmic.com/rtrader

✔ Mac Users:

Mac users cannot install RTrader directly.
Sign your agreements using this link:

https://signup.rithmic.com/LucidTradingAgreement/apps.html

Once inside:

1. Open RTrader Pro
2. Log in using your Lucid-issued Rithmic credentials
3. Sign all CME agreements
4. Restart RTrader

After this step, you can log in to any Rithmic-based platform.

Step 1 (Alternative) — CQG / Tradovate Setup

If you're using Tradovate or NinjaTrader/TradingView via Tradovate, the first login must be done in Tradovate:

1. Open the credentials sent via email or visible in your Lucid dashboard
2. Log in to https://trader.tradovate.com
3. Accept the required agreements and activate your market data

Even if you plan to trade exclusively in NinjaTrader or TradingView, you MUST sign into Tradovate once to activate your data feed.

Step 2 — Log In to Your Trading Platform

Once your agreements are signed (Rithmic or Tradovate), you can log into any supported platform:

• RTrader
• Quantower
• MotiveWave
• NinjaTrader
• Tradovate
• Project X (when supported per account type)

Your trading credentials are:

• The same ones used to sign Rithmic or Tradovate agreements
• Not the same as your Lucid dashboard login

Lucid keeps these separated for security and performance reasons.

Step 3 — Access Your Lucid Dashboard

During checkout, you created your Lucid customer account. This is where you manage:

• Orders
• Account activations
• Trading performance
• LucidWire daily reports
• License requests (Quantower, MotiveWave)
• Password resets
• OTP (one-time-password) logins for tracking account progress

Lucid Dashboard:

https://lucidtrading.com/my-account

Each time you log in, Lucid sends a one-time password for security.
This is normal and required.

Supported Platforms (Overview)

Licenses for Quantower & MotiveWave

Lucid provides free access to these platforms while your account is active.

To request:
Go to → Lucid Dashboard → Platform Licenses

You’ll get:

• An activation key
• Installation links
• Instructions for connecting via Rithmic

This is a strong USP compared to other futures prop firms.

Important Notes & Limitations

Weekend Maintenance

Rithmic often runs maintenance on weekends. You may not be able to log in.

Data Fees

• Non-professional traders: free CME data included
• Professional traders: must pay $112 per CME exchange per month

Lucid passes CME fees directly (no markup).

Final Checklist Before Live Trading

Your account is fully ready when:

• Rithmic/Tradovate agreements are signed
• Platform login works
• Dashboard OTP login succeeds
• LucidWire emails begin arriving
• Platform license (if needed) is activated

If any step fails, Lucid support is responsive — especially via Discord.

Next Steps

Start Trading with Lucid

Direct link to Lucid’s account creation and setup.

Read the Full Lucid Trading Review

Deep dive into rules, payouts, pros/cons, and my real-money experience.

Understand LucidFlex, LucidDirect & LucidTest

Compare all account types to find the perfect fit.