Futures Firms Comparator

Algaroud Center, 2nd Floor, Office 101-05, Dubai, UAE

Sean Bainton

Steve A. Kubik

United Arab Emirates

United States

2021

2024

2% processing fee on all withdrawals (Riseworks).

• Standard: every 3 days, from 3 days after the first trade
• Reserve: instant payout once eligible (5 winning days)
• Express: daily payouts
• Direct: instant payout from day one

• 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

Payouts processed within 24 business hours. If Blue Guardian misses that window through a delay on their end, you receive an extra 10% profit share on that payout. Does not apply on weekends or bank holidays, nor to delays from compliance or risk reviews, Rise onboarding or a pending trader response.

$500 across all account types.

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

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.

• 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.

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

Trailing end-of-day (EOD) on all plans. Values per plan and size:

• Standard $25K / $50K / $100K / $150K: $1,500 / $2,000 / $3,500 / $5,000
• Reserve $25K / $50K / $100K / $150K: $1,000 / $2,000 / $3,000 / $4,500
• Express $25K / $50K / $100K / $150K: $1,000 / $2,000 / $2,500 / $3,500
• Direct $25K / $50K / $100K / $150K: $1,500 / $2,000 / $3,500 / $4,500

Once the trailing drawdown reaches the starting balance, it locks and stops trailing.

On Direct the drawdown becomes static after the account exceeds the initial trail balance or after the first payout request. After any approved payout the drawdown floor locks at starting balance + $100 on every plan.

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 all funded accounts and plans.

A payout delayed beyond the 24-business-hour guarantee adds an extra 10% profit share on that payout.

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

Soft breach on every plan: open trades are closed automatically and the account is disabled for the rest of the day, then reinstated the next trading day.

• Standard $25K: none. $50K / $100K / $150K: $1,000 / $2,000 / $3,000
• Reserve: configurable at checkout. Traders can choose no daily loss limit or a soft DLL of $600 / $1,200 / $1,700 / $3,000 on $25K / $50K / $100K / $150K. The price varies depending on the selected option
• Express challenge $25K: none. $50K / $100K / $150K: $1,000 / $1,250 / $1,750
• Express funded $25K / $50K / $100K / $150K: $500 / $1,000 / $1,250 / $1,750
• Direct $25K / $50K / $100K / $150K: $1,000 / $1,250 / $2,500 / $3,000

No daily loss limits on any plan.

• No minimum trading days on evaluation. Standard can be passed in as little as one trading day
• Express with the optional 50% consistency add-on can qualify after 2 green days
• Funded: one trade every 7 days to keep the account active

• 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

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

• Standard: no minimum. First payout 3 days after the first trade
• Reserve: 5 winning days before each payout, with a minimum of $100 / $150 / $200 / $250 profit per day on $25K / $50K / $100K / $150K. Winning days reset after every payout
• Express: no minimum
• Direct: no minimum

• 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-time fee

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.

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

At least one trade every 7 days on funded accounts.

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.

• Automated scalping systems exceeding 200 trades per day.
• AI, bots and fully automated trading mechanisms (all account types).
• Hands-off, continuous day-and-night trading or complete automation.
• Placing multiple limit orders at the same price to manipulate fills.
• Strategies aimed at exploiting isolated fills in low-liquidity or gapped markets.
• Using tight brackets or absence of slippage in the simulated market for favorable fills.
• Trading during tier 1 economic data releases.
• Coordinated trading across unconnected accounts (identical or opposing strategies).
• Microscalping (trades held seconds with minimal margins).
• Trading within 2% of a CME price limit.
• Trading without a stop loss, relying on the trailing threshold to close trades.

• 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