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

Halcyon Trader Funding

4.7 D
United States Futures
VS

TradeDay

8.0 A+
United States Futures
Key Differences
Safety D vs A+ Payouts On-Demand vs Daily Split 90% vs 95% Price $129 vs $87

Verdict: Who Wins?

Halcyon Trader Funding 1 wins
1 - 6
TradeDay 6 wins Decisive Win
Overall Rating 8.0 vs 4.7 Decisive
Starting Price $87 vs $129 Decisive
Profit Split 80% initially, up to 95% after $50K cumulative profit vs 90% Clear
Safety Grade A+ vs D Decisive
Trust Score 93.7/100 vs 13/100 Decisive
Challenge Variety 9 vs 3 options Clear
Platform Choice 6 vs 3 platforms Clear

Best For:

Budget-conscious traders TradeDay
Maximum profit potential TradeDay
Trust & reputation TradeDay

Visual Comparison

Halcyon Trader Funding TradeDay
TradeDay
Grade A+ 4.6

Save 50% on TradeDay today

CODE TDNEW from $87
Save 50% Now Verified deal

Head-to-Head Comparison

Halcyon Trader Funding Metric TradeDay
4.7/10 PFM Score 8.0/10
- TrustPilot 4.6/5 (1,350)
D Safety Grade A+
13 F Trust Score 93.7 A+
90% Profit Split 80% initially, up to 95% after $50K cumulative profit
No daily loss limit; trailing drawdown (Lite) or end-of-day drawdown (Prime) Daily Drawdown Trailing drawdown (no separate daily loss limit). $2,000 for $50K, $3,000 for $100K, $4,500 for $150K accounts (Intraday: calculated intraday; EOD: calculated at end of day).
On demand Payout Frequency Daily
$129 Starting Price $87
White-Label Technology Proprietary
Trading View, Quantower, Volumetrica, Rithmic, Tradesea, WealthCharts Platforms Trading View, NinjaTrader, Tradovate
No Direct Path to Funded Yes
United States Country United States
- Established Jan 2020
3 options Challenge Options 9 options

Price Comparison by Account Size

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

Account Size Halcyon Trader Funding TradeDay Savings
$50K $192 $87 Save $105
$150K $359 $210 Save $149

Halcyon Trader Funding vs TradeDay: Detailed Analysis

Halcyon Trader Funding and TradeDay are both Futures firms.

Pricing

In terms of pricing, TradeDay is more affordable with challenges starting at $87, which is $42 less than Halcyon Trader Funding's starting price of $129. Halcyon Trader Funding offers 3 challenge options, while TradeDay offers 9.

Account Sizes

On account sizing, Halcyon Trader Funding offers account sizes from $25 to $150 across 3 funding tiers, while TradeDay offers account sizes from $50 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, Halcyon Trader Funding supports Trading View, Quantower, Volumetrica, Rithmic, Tradesea and WealthCharts, while TradeDay runs on Trading View, NinjaTrader and Tradovate. If you already trade on a specific platform, this can be the deciding factor between the two.

Profit Split & Payouts

Halcyon Trader Funding offers 90% profit split, while TradeDay offers 80% initially, up to 95% after $50K cumulative profit. Halcyon Trader Funding pays out On demand, and TradeDay pays out Daily.

Risk & Drawdown Rules

Risk rules are a key difference for funded traders: Halcyon Trader Funding lists its daily drawdown as "No daily loss limit; trailing drawdown (Lite) or end-of-day drawdown (Prime)", while TradeDay lists "Trailing drawdown (no separate daily loss limit). $2,000 for $50K, $3,000 for $100K, $4,500 for $150K accounts (Intraday: calculated intraday; EOD: calculated at end of day).". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.

Payout Methods

Halcyon Trader Funding supports withdrawals via Rise.

Trust & Safety

For trust and reputation, TradeDay has 4.6/5 with 1,350 reviews. Safety grades: Halcyon Trader Funding D, TradeDay A+.

Who Should Choose Which

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

Overall, TradeDay 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

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.
TradeDay
Pros
Day-one payouts with no buffer on Quick Pay, Fast Pass funded in 3 days, over $10M in verified payouts since 2020, no activation fee, multiple funded accounts allowed, free ebook library
Cons
Monthly subscription pricing (recurring), trailing drawdown calculated intraday (strict), 30% consistency rule, limited to 50K/100K/150K account sizes only

Active Deals & Promo Codes

Halcyon Trader Funding

No active deals

TradeDay
30% OFF 30% off + no activation fee on all evaluations
50% OFF 50% off all evaluation accounts. Code TDNEW. Verified live on tradeday.com 2026-06-13.

Frequently Asked Questions

Which is better, Halcyon Trader Funding or TradeDay?

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

Which is cheaper, Halcyon Trader Funding or TradeDay?

TradeDay has the lower starting price at $87. Halcyon Trader Funding offers 3 challenge options starting from $129, while TradeDay offers 9 options starting from $87.

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

TradeDay offers a higher maximum profit split. Halcyon Trader Funding offers 90% while TradeDay offers 80% initially, up to 95% after $50K cumulative profit.

How fast do Halcyon Trader Funding and TradeDay pay out?

Halcyon Trader Funding has On demand payouts while TradeDay offers Daily payouts. Payout speed can be an important factor when choosing a prop firm.

Are Halcyon Trader Funding and TradeDay legit?

Both firms have been independently verified by PropFirmMap. Halcyon Trader Funding holds a D safety grade. TradeDay holds a A+ safety grade and a 4.6/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.

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

TradeDay 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

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