Live Brokerage Accounts

Account Setup and Transition

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

Most traders begin with a live brokerage account equal to the amount of their approved reward at the time of transition. For example, if a trader requests a $3,000 reward and has demonstrated consistent profitability in simulation, Halcyon may transfer the trader to a Live Brokerage Account with $2,700 as the starting balance (reflecting the reward policy). This balance serves as the floor for the first 30 days, during which live trading performance is evaluated.

Documentation and Account Access

Once selected for live trading, traders must complete the following:

• Sign a trader agreement, including a Power of Attorney (POA) and any related broker documentation.

• A capital cap may be applied to the Live Brokerage Account to manage risk.

After completing the necessary documentation, traders receive their live brokerage credentials, enabling trading in a live market environment. Currently, live brokerage trading is available exclusively on the Ironbeam Trading Platform.

Processing Timeline:
The timeline varies based on trader responsiveness and company scheduling. Typical processing is 10–15 business days.

Balance Carry Forward Policy

Traders may carry forward a portion of their Simulated Funded Account balance into a Live Brokerage Account, subject to eligibility criteria and risk management rules.

Eligibility

A simulated balance may only be carried forward if:

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

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

Carry Forward Limit

The maximum carry forward per trader is $60,000, regardless of the number of accounts held.

Calculation:

Live Account Transition and Profit Matching

Live Brokerage Accounts typically start with an amount equal to the total payout from the trader’s simulated account. Any remaining simulated profits are subject to the following conditions:

• Traders must complete a 30-day trading period in the live account, during which profits are accumulated.

• Halcyon Trader Funding will match live account profits dollar-for-dollar, up to the amount of remaining simulated profits.

Examples:

1. Simulated profits: $5,000. Live account profits after 30 days: $3,500 → Halcyon deposits $3,500.

2. Simulated profits: $5,000. Live account profits after 30 days: $10,000 → Halcyon deposits $5,000 (maximum remaining simulated profit).

After the initial 30-day review, no additional deposits will be made based on prior simulated profits. Any further deposits are at Halcyon’s discretion, based on ongoing live account performance.

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 eligible amount is based on the remaining balance after the fourth reward and cannot exceed $60,000.

• Halcyon reserves the right to modify, delay, or deny balance carry forward at its sole discretion.

Live Transition Decline Policy

If a trader declines the opportunity to transition to a Live Brokerage Account:

• Halcyon 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 and retains discretion to determine the final reward amount in accordance with program limits and policies.

For account-specific questions or clarification, please contact Halcyon Support.