HyroTrader is a crypto prop firm founded in 2022 that routes trades through real exchange accounts on Bybit rather than a simulated feed. It offers 1-step and 2-step evaluations with accounts from $5,000 to $200,000, a profit split from 80% up to 90%, and payouts in USDT or USDC processed within 12 hours. It reports 1,700+ funded traders and $5M+ paid out, with a Trustpilot score near 4.0/5.
Rating Breakdown
Pros
- Trades run on real Bybit exchange accounts, not a simulated feed
- 700+ trading pairs through Bybit API integration
- Payouts processed within 12 hours in USDT or USDC
- First payout available one day after your first funded trade
- Profit split scales from 80% up to 90%
- No stop-loss requirement and no time limit on evaluations
- Challenge fee refunded after you pass
- Choice of Bybit, Tealstreet, and Cleo terminals
- 1,700+ funded traders and $5M+ reported in payouts
Cons
- Tight 6% maximum drawdown leaves little room for error
- Low-cap altcoins under $100M capped at 5% of balance
- Swing drawdown coverage costs an extra $89
- Some traders report strict rule enforcement
- Trustpilot score of 4.0/5 sits below the top crypto firms
- Crypto only, no forex or index markets
- No financial regulation
Account Plans and Pricing
One-Step Challenge Rules
| Evaluation type | One-step |
| Profit target | 10% |
| Time limit | None |
| Min. trading days | 5 |
| Daily drawdown limit | 4% of account balance |
| Max drawdown | 6% of account balance |
| Low-cap altcoin limit | Under $100M market cap capped at 5% of balance |
| Fee refund | Returned after you pass |
Two-Step Challenge Rules
| Evaluation type | Two-step (Phase 1 + verification) |
| Phase 1 profit target | 10% |
| Phase 2 profit target | 5% |
| Time limit | None |
| Daily drawdown limit | 4% of account balance |
| Max drawdown | 6% of account balance |
| Swing drawdown upgrade | Optional, $89 |
| Fee refund | Returned after you pass |
Payouts
| First payout | One day after your first funded trade |
| Minimum profit to withdraw | $100 |
| Processing time | Within 12 hours |
| Payout currency | USDT or USDC |
| Profit split | Starts at 80%, scales up to 90% |
| Reported total paid | $5M+ to traders |
Trading Conditions
| Platforms | Bybit, Tealstreet terminal, Cleo terminal |
| Execution | Real exchange accounts via API, no broker middleman |
| Trading pairs | 700+ on Bybit; 500+ on Cleo (Binance data) |
| Markets | Crypto only |
| Stop-loss requirement | None |
| Trading period | Unlimited on challenge and funded accounts |
| Low-cap altcoins | Under $100M market cap limited to 5% of balance |
| Monthly or hidden fees | None noted |
Our Verdict
HyroTrader stands out from most prop firms because it does not run on a simulated price feed. Your trades route to a real Bybit exchange account through API access. For crypto traders who worry about slippage games or fake fills, that structure is a real point in its favour. It is the core reason the firm has built a following since it launched in 2022.
The evaluation is straightforward. You pick a 1-step or 2-step path, hit a 10% target while staying inside a 4% daily and 6% overall drawdown, and trade at least 5 days on the 1-step. There is no time limit and no forced stop-loss, which gives discretionary traders room to work. The trade-off is that the 6% maximum drawdown is tight. One bad session can end a run, and traders who scale in on volatile alts need to plan around it.
Payouts are the strongest part of the offer. The first withdrawal is available a day after your first funded trade, the minimum is just $100, and money lands in USDT or USDC within 12 hours. That speed matters in crypto, where traders want their gains off the table fast. The profit split starts at 80% and moves up to 90% as you keep performing.
Pricing sits in a fair range for the space, from $59 on the $5,000 account up to $969 on the $200,000 tier, with the fee refunded once you pass. The low-cap altcoin cap and the $89 swing drawdown upgrade are worth reading closely before you buy, since they shape how you can trade and how much cushion you get overnight.
The main watch-outs are the tight risk limits and a Trustpilot score near 4.0 out of 5, which is solid but below the best crypto firms. Some reviews flag strict rule enforcement. The firm is crypto only, so forex and index traders will look elsewhere. Compare it against other crypto prop firms before committing.
Overall, HyroTrader is a credible pick for crypto-focused traders who value real exchange execution and fast stablecoin payouts, as long as you can trade within its tight drawdown rules.
Frequently Asked Questions
Is Hyro Trader a legitimate crypto prop firm?
HyroTrader launched in 2022 and holds a Trustpilot score of about 4.0 out of 5 across roughly 208 reviews. It routes trades through real exchange accounts on Bybit rather than a simulated feed, reports 1,700+ funded traders and $5M+ in payouts, and processes withdrawals in USDT or USDC within 12 hours. It is not regulated by a financial authority, which is normal for prop firms.
What are the Hyro Trader challenge options?
HyroTrader offers two evaluation paths. The 1-step challenge needs a 10% profit target with a minimum of 5 trading days and no time limit. The 2-step path requires 10% in Phase 1 and 5% in Phase 2. Account sizes run from $5,000 to $200,000.
What are the Hyro Trader drawdown rules?
HyroTrader applies a 4% daily drawdown limit and a 6% maximum overall drawdown. Low-cap altcoins under $100M market cap are capped at 5% of the account balance. An optional swing drawdown upgrade is available for $89.
How fast does Hyro Trader pay out?
Payouts are processed within 12 hours in USDT or USDC. You can request your first payout one day after your first funded trade once profit reaches at least $100. The profit split starts at 80% and scales up to 90%.
What platforms does Hyro Trader support?
HyroTrader connects to Bybit through API integration for 700+ trading pairs, and also supports the Tealstreet terminal on Bybit data and the Cleo terminal on Binance market data. Trades execute on real exchange accounts rather than a broker middleman.
Ready to try HyroTrader?
Real Bybit execution. 1-step and 2-step challenges. Payouts in USDT or USDC within 12 hours.
Visit HyroTrader →