PropShop Trader vs Halcyon Trader Funding

Side-by-side comparison of scoring, highlights, cautions, and key rules.

CategoryPropShop TraderHalcyon Trader Funding
Overall70/10095/100
Rules19/3030/30
Payout19/2523/25
Pricing12/2019/20
Trust11/1514/15
Platform9/109/10

PropShop Trader highlights

  • Instant funding option (skip evaluation at higher cost)
  • Fast weekly payouts; typical processing 1–3 business days
  • Profit split scales up to 90% with performance
  • Permits scalping, news, algos, and trade copiers (limits apply)
  • Short evaluation path available (as few as ~5 trading days)
  • Active community/education vibe; multiple supported platforms

PropShop Trader cautions

  • 40% best-day rule on withdrawals (consistency requirement)
  • 12-week initial risk/probation period with capped payouts and lower splits
  • Instant funding carries materially higher upfront cost
  • Soft daily loss limits still enforce trading discipline (firm discretion)

Halcyon Trader Funding highlights

  • No daily loss limits and no consistency rules
  • One-time evaluation fee; no time limit to pass
  • Payouts available every 10 active trading days
  • 90% profit split (Ultra: 100%)
  • Ultra accounts: EOD trailing drawdown + 100% profit share
  • News trading allowed; DCA/scaling allowed
  • CME market data included during evaluation
  • Simple rule-set; minimal restrictions compared to peers

Halcyon Trader Funding cautions

  • All positions must be closed daily (≈4:45 pm ET); no overnight holds
  • First payout requires meeting minimum withdrawal threshold ($250)

Who it's for

Halcyon Trader Funding suits traders prioritizing overall transparency and scoring, while PropShop Trader may appeal for specific preferences.

Explore firm reviews

PropShop Trader vs Halcyon Trader Funding – Side-by-Side Comparison | Prop Firm Match