► Halcyon Trader Funding  ·  Updated March 2026  ·  Futures Prop Firm
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HALCYON TRADER FUNDING

Complete Guide — Evaluation, Funded Direct, Ultra & Lite. Up to 100% Profit Split. 3 Account Sizes up to $150k.

🔥 USE CODE: SAS379521
100%
Max Split (Ultra)
$150k
Max Account Size
Trail
Drawdown Type
4
Account Types

What is Halcyon Trader Funding?

Halcyon Trader Funding is a futures proprietary trading firm founded in January 2025 out of Detroit, Michigan. It offers four account tracks: Evaluation, Funded Direct, Ultra, and Lite — each designed for a different trader profile and risk appetite. Halcyon trades exclusively on CME, COMEX, NYMEX, and CBOT exchanges. Notable highlights include no daily loss limit in evaluation, a 100% profit split on Ultra accounts, and straightforward payouts every 10 trading days via Plaid, ACH, or Wire. Supported platforms are Rithmic, Quantower, Volumetrica, Ironbeam, and TradingView.

Account Types: Evaluation vs Funded Direct

EVALUATION
One-time fee, no daily loss limit
Drawdown TypeTrailing Intraday
Daily Loss LimitNone
Consistency RuleNone
Profit Split90%
Best ForNew traders entering the pipeline
FUNDED DIRECT
Skip eval, one-time fee, 25% consistency
Drawdown TypeTrailing Intraday
Daily Loss LimitNone
Consistency Rule25%
Profit Split90%
Best ForProven traders ready to skip eval

Full Pricing & Parameter Table

All Evaluation and Funded Direct accounts are one-time fees. Ultra is a monthly subscription (mini contracts only) with a 100% split. Lite is entry-level with a low eval fee plus activation cost.

SizeTypeDD TypeConsistencySplitPrice
$25kEvaluationTrail IntradayNone90%$113
$50kEvaluationTrail IntradayNone90%$177
$150kEvaluationTrail IntradayNone90%$233
$25kFunded DirectTrail Intraday25%90%$274
$50kFunded DirectTrail Intraday25%90%~$449
$150kFunded DirectTrail Intraday25%90%~$599
$25kUltra (mini)EOD Trailing25%100%~$179/mo
$50kUltra (mini)EOD Trailing25%100%~$299/mo
$150kUltra (mini)EOD Trailing25%100%~$499/mo
$25kLiteTrail IntradayNone90%$43 + $129

Drawdown Explained — Trailing Intraday vs EOD Trailing

Halcyon uses two drawdown styles depending on the account type. Evaluation, Funded Direct, and Lite accounts use Trailing Intraday drawdown, which tracks your peak balance in real-time throughout the trading day. Ultra accounts use EOD Trailing drawdown, which only updates at the end of each trading day.

Trailing Intraday (Eval / Funded / Lite)

Your drawdown floor trails your highest intraday account balance in real-time. If your balance spikes during the session and then pulls back, the floor has already risen with that spike. This makes intraday risk management critical.

Example: Start at $25,000, drawdown floor at $23,500. You run up to $27,000 mid-session — floor now sits at $25,500. A reversal back to $25,500 breaches the account even though you started the day flat.
EOD Trailing (Ultra)

Ultra accounts use end-of-day trailing. Your drawdown floor only adjusts at session close, not intraday. This gives Ultra traders more room to breathe during volatile intraday swings without risking an immediate floor breach.

Benefit: Intraday drawdowns don’t instantly tighten your floor. Downside: Ultra is mini-contract only, so position sizing is more limited than standard accounts.

Funded Account Rules

1
No Daily Loss Limit in Evaluation
Halcyon evaluation accounts have no daily loss limit — only the trailing intraday drawdown applies. This gives traders more flexibility day-to-day without fear of a hard daily stop.
2
25% Consistency Rule (Funded Direct & Ultra)
Once funded, no single day’s profit can exceed 25% of your total accumulated profits at payout time. Spread profits across multiple sessions to satisfy this requirement.
3
No Weekend Holding
Positions must be closed before the weekend session ends. Holding positions over the weekend is not permitted on any Halcyon account type — including Evaluation, Funded, Ultra, and Lite.
4
Max 250 Contracts Per Day
All account types are capped at 250 contracts per trading day. Ultra accounts are additionally restricted to mini contracts only, limiting the instruments available for trading.
5
Payout Every 10 Trading Days
Payout requests are available every 10 trading days. Halcyon supports Plaid, ACH, and Wire transfer for disbursements. No crypto payout option is listed.

Payout Structure

90%
Eval / Funded / Lite
100%
Ultra Split
10d
Payout Frequency
ACH
Plaid / Wire

Common Mistakes

  • 01Thinking Ultra allows standard contracts — Ultra accounts are mini-contract only. Traders expecting to use full-size futures contracts on Ultra will be disappointed — check instrument restrictions before subscribing monthly.
  • 02Ignoring intraday drawdown on Evaluation — The trailing intraday drawdown means a big intraday run-up tightens your floor immediately. Many traders blow accounts by not monitoring the real-time floor during strong moves.
  • 03Holding over the weekend — Weekend holding is not allowed on any account type. Failing to close positions before the weekend cutoff risks an immediate account breach regardless of P&L.
  • 04Not using code SAS379521 at checkout — Halcyon supports the affiliate discount code. Enter SAS379521 at checkout for a discount on Evaluation and Funded Direct accounts.

Quick Reference

Firm TypeFutures Prop Firm
FoundedJanuary 2025, Detroit Michigan
ExchangesCME, COMEX, NYMEX, CBOT
Account TypesEvaluation, Funded Direct, Ultra, Lite
DrawdownTrailing Intraday (Eval/Funded/Lite) · EOD Trailing (Ultra)
Best Split100% (Ultra) · 90% (All Others)
ConsistencyNone (Eval/Lite) · 25% (Funded Direct & Ultra)
Daily Loss LimitNone
Weekend HoldingNot Allowed
Max Contracts250/day (Ultra: mini only)
Payout CycleEvery 10 Trading Days
Payout MethodsPlaid, ACH, Wire
Sizes$25k, $50k, $150k
PlatformsRithmic, Quantower, Volumetrica, Ironbeam, TradingView
Promo CodeSAS379521
Websitehalcyontraderfunding.com
Join Halcyon Trader Funding

Up to 100% split on Ultra — or 90% on Evaluation, Funded Direct & Lite. No daily loss limit in evaluation.

CODE: SAS379521

Start Your Halcyon Evaluation →