Bloomberg Terminal alternative for futures traders
The Bloomberg Terminal is built for institutions and costs accordingly. Lucid Terminal is built for self-directed futures traders who want their accounts, trades and market context in one place. We are not a replacement for Bloomberg’s depth, and this page says where we fall short.
At a glance
Choose Bloomberg if…
you need institutional-grade data across every asset class, a news wire, analytics and messaging, and your firm pays for the seat.
Choose Lucid Terminal if…
you trade futures with your own money or prop-firm accounts and want a terminal, trade journal and Copy Trader at a retail price.
Use both if…
you already have Bloomberg for research and want one place for your broker accounts, journal and copy trading.
Side by side
| Prices checked 2026-10-17, other facts 2026-09-30 | Lucid Terminal | Bloomberg Terminal |
|---|---|---|
| Price | Free $0 · Pro $150/mo (includes the Copy Trader) · Elite $350/mo · Lab $700/mo · Lifetime $6,999 once. Founder code FOUNDED40 takes 40% off for as long as you stay subscribed, for the first 50 paying founder members (Pro becomes $90/mo); after that FOUNDED30 takes 30% off (Pro $105/mo). The Pricing page has the details. | About $31,980 per seat per year (roughly $2,665 a month); about $28,320 a year per seat for two or more terminals.Bloomberg does not publish a price. These are third-party estimates, with a two-year minimum commitment reported. |
| Built for | Self-directed futures traders and prop-firm traders, with stock and option accounts supported on Pro and up. | Institutional desks, banks, funds and corporate treasuries. |
| Order execution | Yes Futures on Tradovate and Tradovate-based prop firms, from the terminal. Stock and option accounts: close positions and cancel orders only. | Yes EMSX routes equities, futures, options and ETFs to 3,700+ broker destinations.Institutional; needs your own broker relationships. |
| Copy trader for your own accounts | Yes On Pro and up: a leader account and follower accounts you trade, each with its own size and daily limit. | — Not found in public sources. |
| World map and commodity intel | Yes From Pro: a World tab with shipping chokepoints, hazards and freight, plus intel widgets from EIA, Fed/FRED, CFTC, USDA and USGS.Deeper layers are added over time. | Yes Commodity maps with vessel tracking and chokepoints, plus freight and shipping data.Deeper and broader than ours today. |
| Charts | Partly Basic candlestick charts with your indicators. | Yes Full charting inside the terminal. |
| News and fundamentals | Partly Headlines, a news ticker and the economic calendar. | Yes A global news wire, company financials, estimates and analytics. |
| Real-time market data | Partly Through your broker: live quotes, positions and fills for the accounts you connect. | Yes Included in the seat price. |
| Mobile | Partly Desktop (Windows, macOS) and web today. The mobile app is coming soon. | Yes Bloomberg Professional app with Bloomberg Anywhere. |
What Lucid Terminal doesn’t have yet
- Breadth of data. We cover futures-relevant macro, energy, rates, COT and freight. Bloomberg covers nearly every market and asset class.
- Quotes and charts come from your own broker connection; there is no separate market-data feed or newswire.
- Charting is basic compared with Bloomberg and with dedicated charting products.
- No company financials or equity screener yet. Equity research is not our focus.
- The mobile app is not released yet.
What Lucid Terminal costs
Free $0 · Pro $150/mo (includes the Copy Trader) · Elite $350/mo · Lab $700/mo · Lifetime $6,999 once. Founder code FOUNDED40 takes 40% off for as long as you stay subscribed, for the first 50 paying founder members (Pro becomes $90/mo); after that FOUNDED30 takes 30% off (Pro $105/mo). The Pricing page has the details.
Pro, Elite and Lab start with a 7-day trial: create an account, pay $0 today and cancel any time before day 7. The Free plan stays free.
Questions
Is Lucid Terminal a real Bloomberg Terminal replacement?
No. Bloomberg is an institutional data and analytics service. Lucid Terminal is a trading terminal for self-directed futures traders: your broker and prop-firm accounts, a trade journal, a Copy Trader and futures-relevant market intel. If you need Bloomberg’s depth, nothing at our price replaces it.
How much does the Bloomberg Terminal cost?
Bloomberg does not publish a price. Third-party estimates put a single seat at about $31,980 a year, with about $28,320 per seat a year for two or more. Lucid Terminal Pro, which includes the Copy Trader and the World tab, is $150 a month.
Can I place trades from Lucid Terminal?
Yes, for futures on Tradovate and the prop firms that run on it. For stock and option accounts, you can close positions and cancel orders but not open new ones.
What data does Lucid Terminal show?
Your own account data from the brokers you connect, plus public and licensed market intel such as EIA energy, Treasury yields, the dollar index, CFTC positioning, freight and the World tab. We only show data we are licensed to show to every user.
More comparisons
Sources
- costbench.com/software/financial-data-terminals/bloomberg-terminal/
- www.bluegamma.io/post/bloomberg-terminal-pricing
- eulerpool.com/blog/bloomberg-terminal-cost
- professional.bloomberg.com/products/trading/execution-management-system/
- professional.bloomberg.com/institutions/corporations/commodities/
- www.bloomberg.com/professional/products/bloomberg-terminal/
Bloomberg Terminal is a trademark of its owner. Lucid Entities LLC is not affiliated with, endorsed by or sponsored by Bloomberg. Third-party prices and features were read from the pages listed under Sources on 2026-09-30 and 2026-10-17 and can change at any time, so check the vendor before you buy.
Lucid Terminal is a tool, not investment advice. Futures, options and stock trading involve substantial risk of loss and past performance does not guarantee future results. Copy trading can multiply losses across accounts. See the risk disclosures.