Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Halcyon Trader Funding Halcyon Trader Funding
Tradeify Tradeify
Halcyon Trader Funding 4.6 Get Started
Tradeify 8.1 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established - Jan 2022
Technology White-Label Proprietary
Platforms Trading View, Quantower, Volumetrica, Rithmic, Tradesea, WealthCharts NinjaTrader, Tradovate, Tradesea, WealthCharts
Trading Rules
Profit Split 90% Best 90% (100% on first $15K for Growth/Lightning)
Daily Drawdown No daily loss limit; trailing drawdown (Lite) or end-of-day drawdown (Prime) EOD trailing drawdown. Growth has daily loss limits ($600-$3,000).
Payout Frequency On demand
Reward requests allowed after 8 full trading days (6 of 8 meeting min daily profit); qualifying days reset after each approved reward. 		Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • 90% profit split; no consistency rule or daily loss limit on Halcyon Lite; one-time evaluation fee with no monthly subscription; 1 minimum trading day to pass a Lite evaluation; news trading, copy trading and automated/algo trading permitted; rewards paid via Rise (Riseworks) with 3-business-day processing.
  • One-time fees (no subscriptions), payouts under 60 minutes via Rise, daily payout option (Select Daily), no consistency rule during evaluation, EOD trailing drawdown, instant funding (Lightning), algo/bot trading allowed, news trading allowed, path to live capital (Elite Live), up to 5 funded accounts (50K combined)
Main Drawbacks
  • Day-trading only, all positions must be flat by 4:45 PM EST (no overnight or weekend holding); trailing drawdown counts unrealized profit and never moves back down; maximum of 5 approved rewards per Lite account before a required transition; HFT bots prohibited; the legacy Flagship Evaluation/Funded program is being wound down through 2026-07-31.
  • 90% profit split with no path to 100%, microscalping rule (50% trades >10 sec), no overnight positions, consistency rules on funded (35% Growth), futures only, relatively new (2024)
Offers & Promo Codes
Active Offers No offers
Save $38 with code JUNE on Select $25K ($109 to $71). Verified 2026-06-06 on tradeify.co. JUNE

Challenge Details

Halcyon Trader Funding Challenges

3 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$129 $25K 1 Step P1: $1,350
 P1: -
P1: $1,000 Trailing Drawdown
 90% None
$192 $50K 1 Step P1: $2,750
 P1: -
P1: $2,000 Trailing Drawdown
 90% None
$359 $150K 1 Step P1: $8,500
 P1: -
P1: $4,000 Trailing Drawdown
 90% None

Tradeify Challenges

8 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$65 $25K 1 Step P1: $1,500
 P1: -
No daily loss limit during evaluation
P1: $1,000 EOD trailing
 90% None
$99 $50K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$99 $50K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$65 $109 $25K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$159 $100K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$159 $100K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$221 $150K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
$221 $150K 1 Step P1: -
 P1: -
No daily loss limit during evaluation
P1: EOD trailing drawdown
 90% None
Halcyon Trader Funding
Visit Halcyon Trader Funding Full Profile →
Tradeify
Visit Tradeify Full Profile →