Skip to main content

CypherTicks vs Halcyon Trader Funding: Head-to-Head Comparison (2026)

CypherTicks

5.0 B
United Kingdom Futures
VS

Halcyon Trader Funding

4.7 D
United States Futures
Key Differences
Safety B vs D Price $69 vs $129

Verdict: Who Wins?

CypherTicks 6 wins Decisive Win
6 - 1
Halcyon Trader Funding 1 wins
Overall Rating 5.0 vs 4.7 Narrow
TrustPilot 4.3 vs 3.2 Decisive
Starting Price $69 vs $129 Decisive
Profit Split Both 90% Tie
Safety Grade B vs D Decisive
Trust Score 52.1/100 vs 29/100 Decisive
Challenge Variety 6 vs 3 options Narrow
Platform Choice 6 vs 2 platforms Clear

Best For:

Budget-conscious traders CypherTicks
Trust & reputation CypherTicks

Visual Comparison

CypherTicks Halcyon Trader Funding

Head-to-Head Comparison

CypherTicks Metric Halcyon Trader Funding
5.0/10 PFM Score 4.7/10
4.3/5 (9) TrustPilot 3.2/5 (1)
B Safety Grade D
52.1 C Trust Score 29 F
90% Profit Split 90%
2% of starting balance (Daily Loss Limit, Evaluation only; removed on funded accounts) Daily Drawdown No daily loss limit; trailing drawdown (Lite) or end-of-day drawdown (Prime)
On demand (no fixed payout date, minimum 5 trading days) Payout Frequency On demand
$69 Starting Price $129
White-Label Technology White-Label
Volumetrica, DeepCharts Platforms Trading View, Quantower, Volumetrica, Rithmic, Tradesea, WealthCharts
No Direct Path to Funded No
United Kingdom Country United States
Jan 2025 Established -
6 options Challenge Options 3 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size CypherTicks Halcyon Trader Funding Savings
$25K $69 $129 Save $60
$50K $109 $192 Save $83

CypherTicks vs Halcyon Trader Funding: Detailed Analysis

CypherTicks and Halcyon Trader Funding are both Futures firms.

Pricing

In terms of pricing, CypherTicks is more affordable with challenges starting at $69, which is $60 less than Halcyon Trader Funding's starting price of $129. CypherTicks offers 6 challenge options, while Halcyon Trader Funding offers 3.

Account Sizes

On account sizing, CypherTicks offers account sizes from $10 to $100 across 4 funding tiers, while Halcyon Trader Funding offers account sizes from $25 to $150 across 3 funding tiers. Picking the right tier matters because both the entry cost and the maximum capital you can scale to are tied to the account size you start with.

Trading Platforms

For trading platforms, CypherTicks supports Volumetrica and DeepCharts, while Halcyon Trader Funding runs on Trading View, Quantower, Volumetrica, Rithmic, Tradesea and WealthCharts. If you already trade on a specific platform, this can be the deciding factor between the two.

Profit Split & Payouts

CypherTicks offers 90% profit split, while Halcyon Trader Funding offers 90%. CypherTicks pays out On demand (no fixed payout date, minimum 5 trading days), and Halcyon Trader Funding pays out On demand.

Risk & Drawdown Rules

Risk rules are a key difference for funded traders: CypherTicks lists its daily drawdown as "2% of starting balance (Daily Loss Limit, Evaluation only; removed on funded accounts)", while Halcyon Trader Funding lists "No daily loss limit; trailing drawdown (Lite) or end-of-day drawdown (Prime)". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.

Payout Methods

When it comes to getting paid, CypherTicks supports withdrawals via Rise and Crypto, while Halcyon Trader Funding pays out through Rise.

Trust & Safety

For trust and reputation, CypherTicks has a 4.3/5 TrustPilot rating with 9 reviews, while Halcyon Trader Funding has 3.2/5 with 1 reviews. Safety grades: CypherTicks B, Halcyon Trader Funding D.

Who Should Choose Which

Across the use cases we scored, CypherTicks is the stronger choice for budget-conscious traders and trust & reputation.

Overall, CypherTicks edges ahead winning 6 out of 7 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.

Pros & Cons

CypherTicks
Pros
90/10 profit split on all funded accounts; no activation fee on CypherOne; news trading fully allowed with no blackout windows; copy trading allowed via DeepCharts; no minimum trading days and no time limit on the CypherOne evaluation; payouts processed within 24 business hours or less via Rise or direct crypto; straight-to-funded CypherInstant option with no evaluation.
Cons
CypherOne is a recurring monthly subscription; if it lapses the evaluation account is closed and all progress and profit are lost. Profit from trades closed under 10 ticks or under 60 seconds is deducted while losses always count. Bots, AI and fully automated systems are prohibited. No overnight holds: all positions are liquidated at 3:15 PM CST. A 10-day inactivity rule closes accounts. CypherInstant accounts cannot be reset and carry a stricter 20% consistency rule. All purchases are final.
Halcyon Trader Funding
Pros
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.
Cons
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.

Frequently Asked Questions

Which is better, CypherTicks or Halcyon Trader Funding?

CypherTicks scores higher overall, winning 6 out of 7 comparison categories including Overall Rating, TrustPilot, Starting Price. However, the best choice depends on your trading goals and priorities.

Which is cheaper, CypherTicks or Halcyon Trader Funding?

CypherTicks has the lower starting price at $69. CypherTicks offers 6 challenge options starting from $69, while Halcyon Trader Funding offers 3 options starting from $129.

Which has better reviews, CypherTicks or Halcyon Trader Funding?

CypherTicks has a higher TrustPilot rating of 4.3/5. CypherTicks has 9 reviews while Halcyon Trader Funding has 1.

Which offers a higher profit split, CypherTicks or Halcyon Trader Funding?

CypherTicks offers a higher maximum profit split. CypherTicks offers 90% while Halcyon Trader Funding offers 90%.

How fast do CypherTicks and Halcyon Trader Funding pay out?

CypherTicks has On demand (no fixed payout date, minimum 5 trading days) payouts while Halcyon Trader Funding offers On demand payouts. Payout speed can be an important factor when choosing a prop firm.

Are CypherTicks and Halcyon Trader Funding legit?

Both firms have been independently verified by PropFirmMap. CypherTicks holds a B safety grade and a 4.3/5 TrustPilot rating. Halcyon Trader Funding holds a D safety grade and a 3.2/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.

Which is better for beginners, CypherTicks or Halcyon Trader Funding?

CypherTicks may be more accessible for beginners due to its lower entry price. When starting out, consider challenge cost, drawdown rules, and profit split. Use the comparison table above to find which firm fits your experience level and risk tolerance.

Not sold on either? Explore alternatives

See the closest-matched prop firms ranked head-to-head against each contender, with live 2026 prices and safety grades.