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Futures firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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48 differences

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Headquarters

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

No data
CEO

Jelle Dijkstra

Steve A. Kubik

Country

United Arab Emirates

United States

Foundation

2023

2024

Banned Countries
Afghanistan, Ghana, Pakistan, Albania, Iceland, Panama, Algeria, Indonesia, Papua New Guinea, Angola, Iran, Russia, Bahamas, Iraq, Somalia, Barbados, Jamaica, South Sudan, Belarus, Kosovo, Sri Lanka, Bosnia and Herzegovina, Laos, Sudan, Botswana, Lebanon, Syria, Bulgaria, Liberia, Trinidad and Tobago, Burundi, Libya, Tunisia, Cambodia, Mauritius, Turkey, Central African Republic, Mongolia, Uganda, Côte d'Ivoire, Montenegro, Ukraine, Crimea (region of Ukraine), Morocco, Venezuela, Cuba, Myanmar (Burma), Vietnam, Democratic Republic of the Congo, Nicaragua, Yemen, Ecuador, North Korea, Zimbabwe, Ethiopia
Afghanistan, Central African Republic, Congo (Brazzaville), Congo (Kinshasa), Cuba, Guinea-Bissau, Iran, Iraq, Korea, North, Libya, Mali, Russian Federation, Somalia, South Sudan, Sudan, Syria, Venezuela
Assets
Forex, Indices, Commodities
Futures
Platforms
NinjaTrader, Tradovate, Tradingview
Tradingview, Volumetrica, ATAS, Quantower, Onyx, Tradesea, WealthCharts
Payout Methods
Transfer, Crypto
Rise, Crypto
Live Account
Limited

Prime Program requires Risk approval: eligible after 5 payouts on one account (the SIM account maximum), 10 across accounts, or 20% profit on one account. Only accounts with at least one payout move to Live. Choose Live or a cash-out of 50% of MLL per eligible account within 24 hours; no answer means Live. SIM accounts close and evaluations pause. Cash-out or a Live breach: 21 days without new purchases or resuming evaluations. Live starts at $0 with real capital, EOD drawdown, 80% split, daily payouts and no consistency rule. One Live trader per household; other household members cannot hold SIM Funded accounts.

Yes
  • Halcyon may transition traders to a Live Brokerage account once consistency and risk management are demonstrated.
  • Trader Live Training Program: intermediate stage in a simulated environment that rewards milestones before live transition.
  • Live Brokerage: daily reward requests (Mon–Fri), 100% profit split, swing trading allowed, margin-based contract limits.
  • Exclusive to the Ironbeam platform.
  • Starting capital on live typically matches the qualifying Reward Account's drawdown amount.
Payment Methods
Card, Crypto
Card, Crypto
Payout Frequency
  • BrightPlus: up to one approved payout per session; first payout from 24 hours after the first trade. Each subsequent payout requires fresh closed profit of 1% of the original account size.
  • BrightCore: winning-day cycles, counted again from the next full session after each payout.
  • 6 qualifying trading days are required before each reward request
  • All 6 days must meet the applicable Minimum Daily Profit Requirement
  • Lite/Prime minimums: $100 for 25K, $200 for 50K and $350 for 150K
  • Dynamic minimums: $200 for 50K, $275 for 75K, $325 for 100K and $400 for 150K
  • After each approved reward, all qualifying trading days reset to zero
  • No payout window: requests can be submitted whenever the dashboard shows an eligible reward amount
  • Processed first-in, first-out, up to 3 business days
Payout Guarantee

Processing within 24 business hours of the request.

No data
Maximum Withdrawal

Per request: 25K $1,000; 50K $2,000; 100K $3,000; 150K $4,000.

  • BrightPlus: also limited to the balance above the buffer.
  • BrightCore: the lowest of the size cap, 50% of current profit, and balance minus (starting balance + $100). The 2x addon doubles only the size cap.

Lite and Prime

  • 25K: 50% of profits, up to $1,000 per reward
  • 50K: 50% of profits, up to $2,000 per reward
  • 150K: 50% of profits, up to $3,000 per reward

Dynamic

  • 50K: up to $1,250 per reward
  • 75K: up to $1,550 per reward
  • 100K: up to $2,000 per reward
  • 150K: up to $3,000 per reward

Maximum 5 approved rewards per account. After the 5th reward, the account may be reviewed for transition to the TLT Program or a Live Brokerage account.

Minimum Withdrawal

Minimum request: $250, before the profit split.

Minimum reward request: $250. Lite, Prime and Dynamic Reward Accounts only need net profit above their starting balance; there is no buffer to clear.

Other Payout Requirements

At least 18 or the higher local age of majority. Sumsub KYC and a signed contract before SIM Funded activation, within 24 hours of completing both. One profile per person. The minimum trade duration rule must be met in each payout cycle. USDC on ERC-20 or bank transfer.

No data
Brokers
No data
Ironbeam, Rithmic, Nexus Connect
Commission

Per contract, per side, USD, all fees included: ES/NQ/RTY/YM 2.88; MES/MNQ/M2K/MYM 0.95; NKD/ZC/ZL/ZW 3.65; 6A/6B/6C/6E/6J/6N/6S/NG 3.10; M6A/M6B/M6E 0.84; CL 3.00; MCL 1.20; QM 2.70; QG 2.00; GC/SI/HG/PL 3.15; MGC 1.30; HE/LE 3.60; ZS/ZM 3.63. Round trip: twice these rates.

  • Based on the default (free) membership tier of platform partners.
  • Fees include: exchange, NFA, clearing and platform commission.
  • Calculated per contract, per round trip.
  • Micro contracts generally have lower fees than mini contracts.
Account Reset

After a breach, within the time shown on the dashboard. Restarts evaluation even from SIM Funded, keeping the account number and addons. Costs 55% of the current list price including addons; addons cannot change and the hedging warning is not restored.

  • Unlimited resets available for a fee (via the Trader Dashboard).
  • Restores a fresh account balance with all risk parameters reset.
Add-ons
Yes

Optional at purchase, with additive surcharges on the base price: 100% Profit Split +20%; 2x Payout Cap +40%; BrightCore only, 3 Day Payout Cycle +20%. Targets, drawdown and contracts do not change.

Yes
  • Halcyon Prime: 1-Day Pass add-on. Price by size: +$18 (25K), +$27 (50K), +$41 (150K).
  • Bypasses the 40% consistency rule.
  • Allows passing the evaluation in a single trading day.
  • Halcyon Lite has no add-ons.
Instant
No
No
One Step
Yes
Yes
Max Drawdown
  • BrightPlus: intraday trailing on peak equity, including open profit. In SIM it locks at starting balance + $100 once equity reaches the buffer.
  • BrightCore: trailing on the highest closing balance, updated between 4:45 and 5:59 PM ET. In SIM it locks at starting balance + $100 on the first approved payout, even if previously higher.
    No lock during evaluation. Touching the floor with live equity breaches the account at any time.

Halcyon Lite (Intraday Trailing)

  • $25K: $1,000 | $50K: $2,000 | $150K: $4,000
  • Tracks Total Liquidation Value including unrealized profits
  • Locks permanently at starting balance + $100 after the first approved reward

Halcyon Prime (End-of-Day)

  • $25K: $1,000 | $50K: $2,000 | $150K: $4,500
  • Updates only at end of trading session based on closing balance
  • Locks permanently at starting balance + $100 after the first approved reward

Halcyon Dynamic

  • Evaluation: $2,000 on the 50K account; Intraday or End-of-Day selected at purchase
  • Reward: $2,000 on 50K | $2,500 on 75K | $3,000 on 100K | $4,000 on 150K
  • Reward drawdown can be Intraday or End-of-Day, independently of the evaluation choice
  • Locks permanently at starting balance + $100 after the first approved reward
Profit Split

The split applies to each requested amount; the full request is deducted from the account balance.

90/10 profit split on all Lite, Prime and Dynamic Reward Accounts. Trader keeps 90%, firm keeps 10%.

Daily Drawdown

No separate daily loss limit.

No daily loss limits on any plan.

Max Allocation
750,000
150,000
Mandatory buffer
Limited

BrightPlus: starting balance + MLL + $100, retained after every payout. Only closed profit counts. Falling below pauses payouts without breaching the account. BrightCore has no such buffer.

No
  • No buffer. Removed for accounts purchased from 8 Aug 2026.
  • To request a reward it is enough to be above the account starting balance: there is no locked amount to build or maintain.
  • Previously a buffer of drawdown + $100 was required, and withdrawing from within it was not allowed.
  • After the first approved reward, the maximum loss limit moves permanently to starting balance + $100.
Maximum Accounts

Up to 5 active SIM Funded accounts across all plans and sizes. Unlimited evaluations. With all 5 slots used, another evaluation pass waits until a slot opens.

No data
Maximum Trading Days

No time limit, subject to inactivity rules.

  • Evaluation accounts expire after 30 calendar days if not passed.
  • Accounts inactive for more than 30 calendar days are disabled.
Minimum Trading Days

No explicit minimum. Consistency requires at least 2 sessions on BrightPlus and 3 on BrightCore in practice.

  • Halcyon Lite Evaluation: 1 trading day
  • Halcyon Prime Evaluation: 3 trading days, or 1 day with the 1-Day Pass add-on
  • Halcyon Dynamic Evaluation: 1 trading day
  • All Reward Accounts: 6 qualifying trading days before each reward request; the counter resets to zero after each approved reward
Points Reward Program

Trade2Earn: activity earns BrightTokens redeemable for perks and evaluations, with no cash value. On Live, Prime Ladder pays bonuses every 10 winning days through Diamond (80 days); Prime Trader at 90 is status only. Total bonuses per account: 25K $5,000; 50K $10,000; 100K $20,000; 150K $30,000. Losing days and payouts preserve progress; an account breach resets it.

No data
Minimum Profitable Days
  • BrightPlus: no winning-day requirement.
  • BrightCore SIM: 5 per payout, or 3 with the addon. Minimum closed net profit per session: 25K $100; 50K $200; 100K and 150K $300. Days need not be consecutive; at most one per session.
  • Halcyon Lite Evaluation: 1 trading day
  • Halcyon Prime Evaluation: 3 trading days, or 1 day with the 1-Day Pass add-on
  • Halcyon Dynamic Evaluation: 1 trading day
  • All Reward Accounts: 6 qualifying trading days meeting the applicable Minimum Daily Profit Requirement before each reward request
Account scaling
No data
No
Two Steps
No data
No
Free Trial
No data
No
Merge Accounts
No data
No
Funded Phase Pricing Model
No data

Lite and Prime

  • With activation-fee pricing, the activation fee is paid once after passing
  • With no-activation-fee pricing, no payment is required after passing
  • Both options lead to the same Reward Account rules

Dynamic

  • After passing, the trader pays a one-time upgrade fee based on the selected Reward Account size, drawdown type and consistency option
Position size scaling
No data
No
Evaluation Phase Pricing Model
No data

Lite and Prime
Two one-time pricing options are available:

  • With activation fee: lower evaluation fee, then a separate activation fee after passing
  • No activation fee: higher all-in evaluation fee; upgrade to the Reward Account is free

Dynamic

  • One-time 50K evaluation fee: $47 with Intraday Trailing drawdown or $49 with End-of-Day drawdown
  • A separate Reward Account upgrade fee is paid after passing

No subscriptions or recurring billing.

Expert Advisor (EA)
Limited

Only exclusively self-authored software with no third-party access. It must not mirror another trader, be a black box or run simultaneously at other firms. Source-code review may be required.

Limited
  • Bots, algos and semi-automated systems are allowed.
  • You must be the sole owner of the system.
  • The system cannot be used across multiple firms.
  • HFT (high-frequency trading) bots are not allowed.
  • Halcyon may request proof of usage.
VPN
Limited

VPN/VPS allowed without concealing identity or location or bypassing country restrictions. Only the owner may trade the account.

No
Hedging
No

Prohibited within and across your accounts, including different expiries, mini/micro and correlated instruments in the same group. First occurrence: warning, positions closed and profit removed while losses remain. Second: account breach. One warning per evaluation and one over the lifetime of SIM, not renewed by payouts or resets. Both accounts are penalized for a cross-account hedge.

No
Scalping
Limited

More than 50% of net winning-trade profit must come from trades held longer than 15 seconds. Partial fills count separately. Equality is insufficient. Noncompliance delays passing or blocks payouts without breaching the account; the calculation restarts after each payout. Exploitative tick scalping and HFT are prohibited.

Yes
Copy Trading
Limited

Only between your BrightFunded accounts within the same profile. Copying others, signals or group trading is a hard breach.

Yes
News Trading
Yes
Yes
Inactivity Rule

Open a new trade every 30 calendar days in evaluation and every 7 trading sessions in SIM, excluding holidays. Closing, editing and unfilled pending orders do not count. Advance warning; missing the deadline deactivates the account as a hard breach.

Accounts must place at least one trade every 30 consecutive calendar days. Accounts inactive for more than 30 days will be considered inactive and may be disabled. Evaluation accounts also expire 30 calendar days after starting if not passed.

Consistency Rule
Limited

Evaluation only: best session / total net profit, up to 50% on BrightPlus and 40% on BrightCore. Includes commissions and losing days. Recalculated at session close; equality is allowed. Delays passing without breaching the account. Does not apply in SIM.

Limited

Halcyon Lite

  • No consistency rule on evaluation or reward accounts.

Halcyon Prime

  • 40% consistency rule on BOTH evaluation and reward accounts.
  • No single trading day's profit may exceed 40% of total profits during the qualifying period.
  • 1-Day Pass Add-On allows bypassing the consistency requirement during evaluation only.

Halcyon Dynamic

  • When upgrading after passing the evaluation, the trader chooses a Reward Account with 40% consistency or no consistency.
Hold Weekend
No
No

Day trading only. All positions must be closed and all orders canceled by 4:45 PM EST (New York Time). Positions are automatically liquidated outside trading hours. No overnight or weekend holding on any account type.

Prohibited Strategies

Exploiting simulated prices, latency, fills or liquidity; arbitrage, spoofing, layering, abusive HFT, oversized one-way bets, account rolling, third-party management and risk or size changes inconsistent with normal trading. Terms allow affected profits to be removed, extra limits imposed or accounts closed.

  • Hedging on the same or related underlying assets (e.g. ES + MES, NQ + MNQ)
  • Opposite Direction Trades within or across accounts (CME Rule 534 – Wash Trades, CME Rule 575 – Disruptive Practices)
  • Mixing micro and mini contracts on the same asset
  • Holding positions outside trading hours / overnight / weekend
  • Account sharing or third-party trading
Overnight positions
No

Automatic close at 4:45 PM ET, Monday to Friday, without a breach for auto-close. CME session runs from 6:00 PM to 5:00 PM ET the next day; holiday cutoffs may be earlier.

No
  • All positions must be closed and all orders canceled by 4:45 PM EST.
  • Positions are automatically liquidated outside trading hours.
  • Failing to close may trigger automatic liquidation and account failure.
Requires Stop Loss
No data
No
Stacking / Layering (DCA)
No data
Yes
Maximum Risk Limit
No data
Yes
  • Contract limits are applied based on account size.
  • Excessive daily contract usage is prohibited (over 250 contracts across micros or minis).
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