Moving to a Live Account

Live Brokerage Accounts

Account Setup and Transition to Live Brokerage

Halcyon Trader Funding reserves the discretion to move traders to a Live Brokerage Account at any time, which may occur even before the first reward payout is processed. This transition is based on the company’s evaluation of the trader’s performance and readiness.

Once the decision is made to move to live trading, you will be required to sign a trader agreement, including a Power of Attorney (POA)  and any related documents from our broker. 

Please note that the company may impose a cap on the amount of capital transferred to the Live Brokerage Account to effectively manage risk.

After completing the necessary documentation, you will receive your live brokerage account credentials, enabling you to trade in a live market environment.

The timeline for this process varies depending on the trader’s responsiveness and company scheduling. Typicaly processing is 7-10 business days. 

Balance Carry Forward Policy – Halcyon Trader Funding

At Halcyon Trader Funding, we provide the opportunity to carry forward a portion of your Simulated Funded Account balance into a Live Brokerage Account. However, this process is governed by specific rules and eligibility requirements to ensure fairness and risk control.

Eligibility Criteria

A simulated balance will only be carried forward to a Live Brokerage Account if:

• The trader has successfully reached the fourth reward stage, and

• The transition is approved at Halcyon Trader Funding’s sole discretion.

Balance Carry Forward Limit

When a trader becomes eligible for balance carry forward, the amount transitioned into the Live Brokerage Account is subject to a strict cap. We will carry forward up to a maximum of $60,000 per trader/user, regardless of the number of accounts held.

The total balance carried forward will be calculated as:

Carried Forward Amount = Up to $60,000 minus the total of all previous rewards received from Simulated Accounts.

This cap applies per user, not per account.

Important Notes

• Only traders who have completed and received at least four rewards from their Simulated Funded Account are eligible for balance carry forward.

• The total amount eligible is based on your remaining balance after your fourth reward and will be capped as outlined above.

• This policy applies uniformly to all account sizes and structures.

• Carry forward balances will not exceed $60,000 regardless of simulated gains or account performance.

Live Transition Decline Policy

If a trader declines or refuses the opportunity to transition to a Live Brokerage Account when offered, Halcyon Trader Funding reserves the right to process a final reward payout based on the applicable cap and close the associated Simulated Funded Account.

The firm is not obligated to distribute the full remaining account balance as a reward and reserves full discretion in determining the final reward amount in accordance with program limits and policies.

For further clarification or account-specific scenarios, please contact our support team.