Reviews

HyroTrader Review [2025]: Is It the Best Crypto Prop Firm?

What is HyroTrader?

HyroTrader is a crypto-focused proprietary trading firm. They offer traders the chance to get a funded (simulated) account by passing either a One-Step or Two-Step “Challenge.”

Here are the key features at a glance:

  • Max Account Size: $200,000
  • Profit Split: Up to 90%
  • Platforms: Bybit (via API) or CLEO (Binance data)
  • Tradable Assets: Crypto (USDT Perpetuals)
  • Challenge Fee: Refundable with your first payout

 

The HyroTrader Challenge Rules (The Hard Part)

This is what matters most. To get funded, you must hit a profit target without breaking the risk rules.

One-Step Challenge:

  • Profit Target: 10%
  • Max Loss: 6% (static)
  • Daily Loss: 4% (static)
  • Minimum Trading Days: 10
  • Time Limit: Unlimited

Two-Step Challenge:

  • Phase 1 Profit Target: 10%
  • Phase 2 Profit Target: 5%
  • Max Loss: 10% (static)
  • Daily Loss: 5% (static)
  • Minimum Trading Days: 10 (Phase 1), 5 (Phase 2)
  • Time Limit: Unlimited

A crucial rule is the Mandatory Stop Loss. You must use a stop loss on every trade within 5 minutes of opening it.

 

Pros vs. Cons

Pros:

  • Direct Bybit Trading: This is a huge win. You can trade directly on a top-tier exchange (via API), not a slow, laggy third-party platform.
  • One-Step Challenge: Their one-step challenge has very competitive rules for traders who are confident in their strategy.
  • Refundable Fee: This is standard, but it's great. It makes the challenge “free” if you are successful.
  • Fast Payouts: They process payouts in USDT/USDC within 12-24 hours.

Cons:

  • Newer Company: They don't have the long track record of a firm like FTMO (though FTMO is not crypto-focused).
  • Strict Stop Loss Rule: The mandatory stop loss rule might not suit all trading styles (like scalpers who manage trades manually).

 

Verdict: Is HyroTrader Worth It?

 

Yes. If you are a crypto trader who wants to trade on a real exchange like Bybit and you have a consistent strategy, HyroTrader is one of the best options available. The one-step challenge is an excellent, fast-track path to getting funded.

The rules are fair, the profit split is high, and the platform integration is top-notch.

Ready to get your $200,000 crypto account?

Click here to start your HyroTrader Challenge today. (Use my link for 5% OFF)

Huynh Grondal