Help CenterIntroduction: Rules for Sim Funded Accounts 📜
At Halcyon Trader Funding, we provide a structured and supportive environment to help you succeed in the Forex markets. Our platform offers various account types, each with its unique benefits, but all follow a consistent set of rules to ensure fairness, consistency, and effective risk management. 💡
We’re not here to trip you up or throw confusing rules your way. As traders ourselves, we want you to have the best opportunity to earn from your hard work and dedication. 💪Understanding and following these rules is essential for a smooth and successful trading experience. 📈
In this article, we’ll outline the key rules that apply to Halcyon Trader Funding Sim Funded accounts. These guidelines are designed to clarify expectations, set boundaries for risk management, and maintain the integrity of the trading process. By familiarizing yourself with these rules, you can confidently navigate our platform and work towards achieving your financial goals. 💰
Let’s dive into the essential rules for all accounts. 🚀
1. News Trading Policy
• No News Trading: News trading is not allowed in any of the accounts.
Soft Breach: Violations will be considered a soft breach. Any profits
generated during a news event are subject to removal at the company’s
discretion.
Objective: Avoid front loading or front running news events. We aim to
fund consistent traders with a system/edge, not gamblers or news traders.
2. No Consistency Rule: There will be no consistency rule in place, giving traders
more flexibility in their trading. There is no consistency rule in sim funded!!
3. Minimum Trading Days Required
There is no Minimum Trading days required per the account but there is a minimum trading days required to be eligable for a payout. lease refer to the payout policy to understand those rules better.
4. Profit Target: Traders are not required to reach a profit target to be eligable for a payout. Please refer to the payout policy to understand those rules better.