❌❌❌ Traders Should Avoid HALCYON TRADER FUNDING ❌❌❌
🚨🚨 LONG POST ALERT 🚨 🚨
THIS IS A 4 MONTH EXPERIENCE SO BUCKLE UP!!!!!
This is not a post from someone who failed an evaluation.
This is a post from someone who passed evaluations, generated substantial profits, qualified for payouts, followed the rules, and then watched the entire situation change once the numbers became significant.
Let’s Start With One Fact
Halcyon did not give me anything.
I earned everything.
Every payout.
Every dollar of profit.
Every buffer.
Every milestone.
I spent months trading day after day, following the rules and building my account.
By the time all was said and done, I had generated approximately $97,680 in simulated profits, nearly $100,000.
That wasn’t luck.
That wasn’t a giveaway.
That was earned.
The Payout Process
I successfully received:
- First payout: $1,500
- Second payout: $2,000
I then qualified for my third payout of:
- $2,500
Instead of receiving that payout, something unexpected happened.
The $2,500 payout I had earned was used to transition me into a live account.
In other words, rather than paying the reward that had already been earned, I was moved into a new account structure.
That immediately raised questions for me.
If I earned a payout, why wasn’t it paid?
Why was it converted into something else?
Why was that decision made right when my profits were approaching six figures?
The $100,000 Question
The company’s materials discuss traders eventually transitioning to live accounts and reference carryover opportunities up to $60,000.
My question is simple:
If I generated nearly $100,000 in simulated profits, where did those profits go?
None of that profit transferred.
None of that buffer transferred.
None of that cushion transferred.
Nothing.
I built nearly a $100,000 buffer through trading and entered the live account with effectively none of it.
Think about that for a second.
Months of profitability.
Nearly $100,000 generated.
Zero transferred.
The Drawdown Issue
This is where things became even more confusing.
Throughout my journey, my account drawdown was approximately $4,500.
When I was transitioned to the live account, I discovered the account was being started at approximately $2,250.
Half.
Not $4,500.
Not anywhere near the profit cushion I had built.
Half.
I had to dispute that decision just to get the drawdown adjusted to approximately $4,500.
Even after fighting for that correction, I was still left asking:
Why would a trader who has demonstrated months of profitability and nearly $100,000 in profits be moved into a live account with less protection than the account they already proved themselves in?
A person can purchase a brand-new evaluation account for a small fee and receive a similar drawdown structure.
So why would a trader who already generated nearly $100,000 be placed in a weaker position?
That made absolutely no sense to me.
The Platform Problems
Then came the platform issues.
For approximately three months, I traded successfully using Volumetrica.
I knew the software.
I knew the workflow.
I knew the execution.
I specifically requested to continue using Volumetrica.
Instead, I was pushed toward DeepCharts.
Anyone who has used both knows they are completely different platforms.
DeepCharts is significantly more advanced and requires training to use efficiently.
What training was provided?
None.
What onboarding was provided?
None.
What tutorials were provided?
None.
What live support was provided?
Virtually none.
I was simply given login credentials and expected to figure everything out myself.
Market Data and Connection Problems
The problems didn’t stop there.
I submitted support tickets documenting issues that included:
- No CME market data
- Blank charts
- Missing bid/ask information
- Rithmic connection problems
- Volumetrica login failures
- Platform access issues
At one point I was connected to Rithmic but receiving absolutely no CME data.
No ES data.
No market depth.
No bid/ask.
No usable chart information.
I specifically requested immediate assistance because I was effectively unable to trade.
A trader should never be placed in a live environment while simultaneously dealing with platform access problems and missing market data.
The “Overtrading” Explanation
Eventually, concerns were raised about my trading activity.
The issue?
“Overtrading.”
Here’s my problem with that explanation.
I could not find a specific rule, policy, metric, threshold, maximum trade count, or objective standard that defined what overtrading actually meant.
There was no clear policy stating:
- Maximum daily trades
- Maximum position count
- Maximum executions
- Maximum volume
Instead, it appeared to be based on a subjective determination.
If a company is going to penalize traders for something, there should be a clearly defined standard that traders can review beforehand.
Otherwise, how can anyone know whether they are compliant?
The Timeline That Doesn’t Sit Right
Everything seemed fine when:
- I was paying evaluation fees
- I was passing evaluations
- I was generating profits
- I was receiving early payouts
The problems appeared when:
- My profit buffer approached $100,000
- Additional payouts became due
- Larger obligations existed
- Questions about transfers and carryovers were raised
That’s when:
- Platform changes occurred
- Technical issues occurred
- Restrictions increased
- Drawdown disputes happened
- My account was eventually revoked
Everyone can draw their own conclusions from that timeline.
What Bothers Me Most
The biggest issue isn’t losing a trade.
Traders lose trades every day.
The biggest issue is transparency.
If a company advertises a path toward live funding, carryovers, and trader rewards, those expectations should be clearly defined from the beginning.
A trader should not spend months building profitability only to discover:
- Previously earned profits don’t transfer
- Previously earned payouts are converted
- Drawdowns are reduced
- New expectations appear
- New platforms are required
- Support becomes difficult to obtain
after they have already done the work.
I Have Receipts
I documented everything.
I have:
- Emails
- Screenshots
- Support tickets
- Payout records
- Trading records
- P&Ls
- Platform logs
- Screen recordings
- Account statements
Everything.
This post is simply my experience and the timeline as I lived it.
Based on my experience, I would not recommend Halcyon Trading Fund to any trader at all.
Once again here is why:
- Nearly $100,000 In Profits Generated — Zero Transferred
I generated approximately $97,680 in simulated profits through my own trading.
When I was transitioned to a live account:
● None of those profits transferred
● None of that buffer transferred
● None of that cushion transferred
● None of the nearly $100,000 I generated was reflected in my live account
- My Earned $2,500 Payout Was Converted Into A Live Account
I successfully received:
● $1,500 payout
● $2,000 payout
After qualifying for my third payout of $2,500, I was not paid that reward.
Instead, that payout was used to move me into a live account.
I earned that payout through trading and expected it to be paid according to the program structure.
- They Tried To Start My Live Account At Approximately $2,250
Despite trading accounts that had approximately a $4,500 drawdown structure, my live account was initially set up around $2,250.
I had to dispute this and fight to get it adjusted closer to $4,500.
Even after generating nearly $100,000 in profits, I was being placed into a more restrictive environment than accounts available to new traders.
- Platform Problems Were Constant
I documented issues involving:
● Missing CME market data
● Blank charts
● Volumetrica login failures
● Rithmic connection issues
● Order execution concerns
● Platform access problems
I submitted support tickets showing that I was connected but receiving no market data and could not properly trade.
- They Moved Me To A Completely Different Platform
I spent months trading on Volumetrica.
Then I was pushed to DeepCharts.
I received:
● No onboarding
● No training
● No tutorials
● No walkthroughs
● No meaningful support
I was simply expected to figure it out.
- The “Overtrading” Explanation Made No Sense
I was eventually told overtrading was a concern.
However, I could not locate a specific policy that defined:
● Maximum trades per day
● Maximum executions
● Maximum contracts traded
● Any objective metric for overtrading
Without a published standard, enforcement appears subjective.
- My Account Was Ultimately Revoked
After:
● Passing evaluations
● Following rules
● Receiving payouts
● Building nearly $100,000 in simulated profits
● Raising questions about payouts, transfers, and account structure
My account was revoked.
My Proof
I have retained:
● Screenshots
● Support tickets
● Emails
● Payout records
● Trading statements
● P&L records
● Platform screenshots
● Account history
● Screen recordings
Including documentation showing:
● Missing CME market data
● Volumetrica login failures
● DeepCharts migration issues
● Account balance discrepancies
● Drawdown concerns
● Profit history approaching $100,000
Everyone can review the facts and reach their own conclusions.
As for me, based on my experience, I would strongly advise traders to think carefully before committing their time, money, and effort to this firm.
