HalcyonTraderFunding has announced a series of major updates to its platform and account structures, aiming to streamline the experience for its community of futures traders. These changes follow recent integrations with Rithmic (TradeSea and Onyx), WealthCharts, DeepCharts by Volumetrica, and DXFeed.
Elimination of Activation and Upgrade Fees
The firm has officially removed all activation and upgrade fees for Halcyon Lite and Halcyon Prime Evaluation Accounts. This change applies immediately and retroactively to all eligible accounts. Traders will no longer face additional costs beyond the initial purchase price, regardless of whether the account was bought during a sale or at full price.
New Payout Structure and Increased Caps
Following the recent reduction in required trade days to reach the reward account, Halcyon is implementing a significant overhaul of its reward system:
- Increased Payout Caps: Limits have been raised across all account types.
- Removal of Tiered Payouts: The previous tiered structure has been eliminated. The payout cap now remains consistent from the first reward request through the fifth.
- Extended Reward Limit: The maximum number of rewards per account has been increased from four to five, allowing traders to maintain profitable accounts for a longer duration.
Expansion of the Live Trader Training Program
The "Halcyon 10X" initiative marks an expansion of the Live Trader Training Program. This system allows traders to transition toward live trading through a simulated environment that rewards progression and discipline.
Key features of the expanded program:
- Simulated Progression: Traders build consistency in an environment that emulates live trading structure without the immediate pressure of a live account transition.
- Increased Capital Potential: Upon successful completion of the program, traders may qualify for live accounts with balances up to 3X larger than the previous model.
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