Futures firms comparator

Sharjah, United Arab Emirates

340 Town Center Blvd, Suite E102-179, White Lake, MI 48386, United States

Steve A. Kubik

Saint Lucia

United States

2026

2024

No fixed fee published. Any processing or network fee is shown before you confirm; bank and network charges are paid by the trader.

• 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.

On demand, as soon as the conditions are met.

• 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

No guaranteed time: the payout policy neither promises nor estimates one. Every request gets an automatic receipt and every payout a verifiable certificate.

Before the split. One Step 25K/50K/100K/150K: $1,000/$2,000/$2,500/$3,000 on the first payout and $1,500/$2,500/$3,000/$3,500 after. Instant: $1,000/$2,000/$3,000/$4,000 on every payout. The rest rolls into the next one.

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.

$500 before the split. Crypto payouts: at least $100.

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

Every position closed. Funded One Step: balance above the buffer plus 1% of the starting balance, 3 profitable days (+0.25%) and the 40% rule. Instant: a profit milestone before each payout ($1,450, $3,000, $5,000 or $8,000 on 25K, 50K, 100K or 150K), 5 profitable days and the 20% rule.

• 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.

One Step: after an evaluation breach, a restart within 14 days at the same price. Funded One Step: a reset within 14 days, at most twice and before the first payout. Instant: no reset; a new account at a reduced price is offered for 3 days.

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

• 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.

One Step: end-of-day trailing, rising with the closing balance. Instant: intraday trailing on peak equity, open profit included. Both lock once they reach the starting balance. Touching it ends the account.

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

90% on both plans.

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

Soft limit: reaching it closes positions and stops trading until the next session; the account stays open. One Step 25K has none.

No daily loss limits on any plan.

$1.5M per person across all CFD and futures accounts.

Funded One Step: a buffer equal to the max loss that stays on the account and is never paid out. Instant has none.

• 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.

One user per person, with as many accounts as the $1.5M limit allows. Up to 5 accounts per order, with a 10% to 25% bundle discount.

No time limit.

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

No minimum in the evaluation: it can be passed in one day.

• 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

No activation fee.

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

Before each payout: 3 days at +0.25% of the starting balance on funded One Step and 5 on Instant. The evaluation needs none.

• 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

One-off fee. Includes 30 days of market data; then $35 per 30 days ($540 a month for professional subscribers).

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.

No EAs or automated trading on futures.

• 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.

Hiding your location with a VPN, proxy or remote desktop is prohibited and triggers a new identity check. Your own EA on a VPS is allowed if disclosed.

Within one account, yes (mini against micro or different contracts). Prohibited across accounts.

Yes, but trades under 30 seconds may make at most 50% of profit; until it is back under, no pass or payout.

Allowed when used responsibly within the contract and loss limits; aggressive sequences are reviewed.

A cap on contracts open at once; exceeding it once is a warning, the second time goes to review.

• Contract limits are applied based on account size.
• Excessive daily contract usage is prohibited (over 250 contracts across micros or minis).

Only between your own futures accounts or from your own master account. Copying others or signals is prohibited.

Free during the One Step evaluation. Funded and on Instant, no trade may be opened or closed 2 minutes either side of red USD news: profit from those trades is removed. Two warnings; the third goes to review.

15 days without trading deactivates the account; an open position does not count.

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.

No day may exceed 40% of the cycle's profit on funded One Step (none in the evaluation) or 20% on Instant. Until met, the payout waits.

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.

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.

Hedging across accounts, latency or cross-market arbitrage, account or device sharing, coordinated trading, copying others, market or order-queue manipulation, volume inflation, filler trades to count days, HFT, strategies that cannot work in a live market, gambling and account rolling, straddling tier-1 news and gap trading.

• 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

Everything is closed at 3:55 PM Chicago time every session; it is not a breach.

• 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.