Day one
The entry experience differs significantly in cost structure and platform flexibility.
- Funded Futures Family: Offers a wide range of plans (Prime, Premier, Velocity, Classic) mostly based on monthly subscriptions, alongside one-time fee options like the Base Plan and Straight To Funded (S2F). A $50,000 Premier account costs $194/month (1-day pass) or $159/month (2-day pass). Platforms include Tradovate, NinjaTrader, TradingView, and WealthCharts.
- Halcyon Trader Funding: Uses a one-time fee model with no recurring subscriptions. Traders can choose between "Lite" (intraday drawdown), "Prime" (EOD drawdown), and "Dynamic" (customizable). A $50,000 Lite evaluation costs $68 (plus an activation fee later) or a higher all-in price. It supports a broader range of specialized platforms like ATAS, Quantower, and Volumetrica, alongside TradingView.
Entry Rules:
- FFF allows 1-day evaluations on many plans.
- Halcyon allows 1-day passes on Lite and Dynamic, while Prime requires 3 days (unless an add-on is purchased).
- Both firms prohibit EAs/Bots generally, though Halcyon allows them with strict "sole ownership" limitations.
The first months
Once funded, the "Simulated" phase begins, and the rules for retaining capital and requesting the first payouts become the priority.
- Risk and Consistency: FFF applies a tiered consistency rule (usually 40% for the first three payouts). Halcyon Lite has no consistency rule, while Halcyon Prime and Dynamic (if selected) use a fixed 40% rule.
- The Buffer Requirement: This is a major differentiator. FFF requires a mandatory buffer (Drawdown level + $100) that must remain in the account after a withdrawal. Halcyon removed the buffer for all accounts purchased after August 8, 2026, allowing traders to withdraw any profit above the starting balance.
- Payout Speed: FFF is faster for active traders, with cycles ranging from every 3 to 7 trading days depending on the plan. Halcyon requires 6 "qualifying" trading days (meeting a minimum profit target per day) before any request can be made.
The first year
For a trader reaching the one-year mark, the focus shifts to scaling position sizes and moving toward professional environments.
- Scaling Plans: FFF has a structured scaling plan where position limits increase automatically based on end-of-day realized profit. In Halcyon, position limits are generally fixed based on the account size chosen, as they prioritize moving consistent traders to their "Live Brokerage" phase.
- Account Management: Neither firm allows merging accounts. FFF allows a maximum of 4 simulated funded accounts. Halcyon allows up to 3 active Reward accounts.
- Transition to Professional Stage: FFF offers a "Professional Stage" with real capital after 3 payouts or $10,000 in withdrawals. In this stage, the profit split actually drops from 90% to 80%. Halcyon offers the "Trader Live Training" (TLT) program as a bridge to a Live Brokerage account, where the trader eventually receives a 100% profit split.
The ceiling
The ultimate limit for a trader at these firms is defined by how much they can withdraw before the firm forces a transition or caps the account.
- FFF Profit Cap: There is a cumulative profit cap of $100,000 in the Simulated Funded phase. Once reached, all excess profit is forfeited, and the trader must transition to the Professional Stage (Live capital).
- Halcyon Reward Limit: Reward accounts are limited to 5 approved payouts. After the 5th payout, the account is reviewed for transition to the TLT or Live Brokerage. The "Live" accounts can have balances up to 3X the size of previous models, with no specified payout cap.
- Total Allocation: FFF’s maximum allocation is spread across 4 accounts (up to $150k each). Halcyon’s ceiling is focused on the transition to the Ironbeam-backed Live Brokerage, where contract limits are based on real exchange margins rather than firm-imposed tiers.
Room to grow
Funded Futures Family is better suited for traders who want to manage multiple simulated accounts simultaneously and prefer frequent, smaller payouts with an automated scaling plan. However, the $100k sim cap and the drop in profit split to 80% at the professional level act as a soft ceiling on earnings.
Halcyon Trader Funding offers a more professional trajectory. While the requirement of 6 qualifying days and the 5-payout limit on sim accounts might feel restrictive early on, the removal of the buffer and the eventual 100% profit split in a real brokerage environment provide a higher long-term financial ceiling for the most disciplined traders.
Frequently asked questions
Which firm is cheaper for a $50,000 evaluation, Funded Futures Family or Halcyon?
Halcyon is generally cheaper for the evaluation phase because it uses a one-time fee model ($47-$77 depending on the plan) compared to Funded Futures Family's monthly subscription model (starting at $125-$159). While FFF offers a "Base Plan" with a one-time fee, it also requires a $249 activation fee, whereas Halcyon offers "all-in" pricing options that eliminate post-passing costs.
Does Funded Futures Family or Halcyon have more restrictive payout rules?
Funded Futures Family is more restrictive regarding the account balance because it requires a mandatory buffer (Drawdown + $100) that cannot be withdrawn. In contrast, Halcyon has eliminated the buffer for all new accounts, allowing traders to withdraw any net profit above the starting balance. However, Halcyon is more restrictive regarding trading days, requiring 6 "qualifying" profitable days per payout, while FFF payouts can be requested every 3-7 days depending on the plan.
Can I use EAs or Bots in both Funded Futures Family and Halcyon?
No, Funded Futures Family strictly prohibits bots and algorithmic trading. Halcyon allows bots and semi-automated systems but with significant limitations: the trader must be the sole owner of the system, it cannot be used at other firms, and high-frequency trading (HFT) is banned. Halcyon also reserves the right to request proof of how the system is used.
What is the maximum number of accounts I can have in Funded Futures Family vs Halcyon?
Funded Futures Family allows you to have up to 4 Simulated Funded accounts at the same time. Halcyon is slightly more restrictive, allowing a maximum of 3 active Reward accounts across all program types. Neither firm allows merging these accounts into a single larger balance.























