HyroTrader vs. FundedNext vs. BrightFunded: Best Crypto Prop Firm [2025]
Choosing a crypto prop firm is tough. You're investing a challenge fee and, more importantly, your time. The “best” firm depends on your trading style.
I'm breaking down the three top players for crypto traders: HyroTrader, FundedNext, and BrightFunded.
Quick Comparison: Crypto Prop Firms
| Feature | HyroTrader | FundedNext (Stellar 2-Step) | BrightFunded (2-Phase) |
|---|---|---|---|
| Max Capital | $200,000 | $200,000 | $200,000 |
| Profit Split | Up to 90% | Up to 95% (with add-on) | Up to 100% (with scaling) |
| Challenge Type | 1-Step or 2-Step | 1-Step or 2-Step | 2-Phase |
| Profit Target (2-Step) | 10% (P1), 5% (P2) | 8% (P1), 5% (P2) | 8% (P1), 5% (P2) |
| Max Loss | 10% (static) | 10% (static) | 10% (static) |
| Daily Loss | 5% (static) | 5% (static) | 5% (static) |
| Platforms | Bybit (API), CLEO | MT4, MT5, cTrader | MT5 |
| Refundable Fee? | Yes | Yes | Yes |
Analysis: Where Does Each Firm Win?
- Where HyroTrader Wins: Platform & Simplicity
HyroTrader's biggest advantage is its Bybit API integration. You get to trade on one of the world's best crypto exchanges with real liquidity and fast execution. This is a game-changer for serious crypto traders who hate MT4/MT5 for crypto. Their One-Step challenge is also very clear and simple for traders who want to get funded fast. - Where FundedNext Wins: Flexibility & Profit Share
FundedNext is a massive, well-known firm. Their strength is flexibility. They offer multiple challenge types (Stellar 1-Step, 2-Step, Lite) and a profit share that can go to 95%. They also famously offer a 15% profit share from the challenge phase, which means you can make money even before getting “funded.” However, they primarily use MT4/MT5. - Where BrightFunded Wins: Profit Split Scaling
BrightFunded is very aggressive. Their rules are similar to FundedNext (8%/5% targets), but their scaling plan is the main attraction. After you are funded, you can scale your account and eventually get to a 100% profit split. This is an incredible offer for long-term, consistent traders. Like FundedNext, they are MT5-based.
My Recommendation
- For the serious Bybit/Binance Trader: Go with HyroTrader. Nothing beats trading on a real exchange.
- For the MT4/MT5 Trader who wants flexibility: Go with FundedNext. The 8% target and 15% challenge profit share are hard to beat.
- For the Trader focused on long-term scaling: Go with BrightFunded. The path to a 100% profit split is a massive incentive.
For my audience, which is focused purely on crypto, I believe HyroTrader offers the best trading experience.
Ready to trade on Bybit with a $200k account?
Click the link below to sign up for the HyroTrader challenge and get your fee refunded on your first payout.
Disclaimer: I am an affiliate for HyroTrader and other firms mentioned. The links above, including the one for HyroTrader, are affiliate links, which means I may earn a commission at no extra cost to you if you purchase a challenge.
