Trading Rules & Risk Guidelines

Account Rules, Risk Parameters, and Platform Conduct

Halcyon Trader Funding is committed to maintaining a fair, consistent, and professional trading environment for all participants. To support your success and protect the integrity of our platform, the following rules apply to all Evaluation and Funded accounts.

1. Day Trading Requirement

All accounts are strictly for day trading only.

• All positions must be closed and all orders canceled by 4:45 PM EST (New York Time).

• Failing to meet this requirement will result in a rule violation and account failure.

2. Profit Target

To successfully complete your evaluation, you must reach the required profit target set for your specific account size.

• Example: A $50,000 account must reach $53,000 to pass (a $3,000 profit target).

• Check your dashboard for your account’s exact target.

3. Trailing & End-of-Day Drawdown

Trailing Drawdown (All Accounts):

• This is the maximum allowable loss from your highest account balance (realized or unrealized).

• If your balance falls below this level, the account will be closed.

• The trailing drawdown moves up with new highs but does not move down with losses.

End-of-Day Drawdown (Ultra Accounts Only):

• Applies to Ultra account holders.

• If your account closes below the end-of-day drawdown threshold, it may be reviewed or liquidated.

4. Minimum Trading Days

A minimum number of active trading days is required to pass your evaluation. This helps ensure:

• Disciplined trading over time

• Consistent performance

• Accurate strategy evaluation

5. Contract Limits

Our platform enforces contract limits based on your account size.

• Traders are not permitted to bypass system restrictions.

• Attempting to do so, or intentionally abusing contract sizing, may result in account suspension or permanent ban.

6. Copy Trading and Multiple Accounts

• Copy trading is allowed.

• There are no limits on the number or combination of Evaluation and Funded accounts you may hold.

• There is a maximum of 3 sim brokerage and / or Ultra sim brokerage accounts at any time

7. Algorithmic & Automated Trading

We allow bots, algos, and semi-automated trading systems, under the following terms:

• You must be the sole owner of the system, and it must not be used across multiple firms.

• High-frequency trading (HFT) bots are not allowed.

• Halcyon may request proof of usage (e.g., screen share or video demonstration).

• You are fully responsible for any results produced by these systems.

8. Prohibited Conduct

The following activities are strictly prohibited:

• Exploiting platform bugs or delays (e.g., price feed discrepancies)

• Spoofing, flipping trades, or other disruptive trading practices

• Excessive daily contract usage (over 250 contracts across micros or minis)

• Coordinated trading across multiple accounts (e.g., taking opposite positions to manipulate results)

• Use of VPNs or tools to bypass geographical or account access restrictions

• Trading on behalf of others, or trading from shared devices

• Using systems to artificially inflate profits or mimic consistency

• Abusive behavior toward Halcyon staff

Halcyon reserves the right to:

• Delete trading days

• Forfeit profits

• Restart or terminate accounts

• Ban repeat offenders from the platform

Article Summary

These guidelines are here to help you trade with confidence and responsibility. Violations may result in account suspension, profit forfeiture, or platform removal.

For any clarification, contact our support team.