Crypto perpetuals on Bybit, BloFin or Hyro, with static drawdown, 24-hour stablecoin payouts and a one-day Zero-Step challenge.
Trading Platforms
BybitHyro
BloFin
Tealstreet
TigerPayout Methods
CryptoAbout HyroTrader
HyroTrader is a crypto prop firm founded in August 2023 by Samuel Drnda, who still runs it as CEO from Dubai. Instead of running crypto on a forex platform, it puts you on crypto exchanges. You trade USDT perpetual futures on a demo account at Bybit or BloFin, or on Hyro, the firm’s own platform with live Bybit prices and TradingView charts. Hyro needs no exchange account and also lists tokenized stocks and metals such as Apple, Nvidia, Tesla, the S&P 500, gold and silver. Bybit challenges can be traded through the Tealstreet or Tiger terminals as well.
You pick one of three challenges. Zero-Step is a single phase with a 10% target that can be passed in one trading day. One-Step has the same 10% target over at least 5 trading days, with more room on the loss limits. Two-Step is the cheapest: 10% in Phase 1, 5% in Phase 2, and the widest limits at 5% daily and 10% max loss. None of them has a time limit, and the drawdown is static on all three. Your max loss is fixed to the starting balance, and the daily floor is reset from your equity at 00:00 UTC, so it never climbs when you are in profit.
On One-Step and Two-Step you pay a Refundable Challenge Deposit, which comes back as a separate transaction with your first payout. Zero-Step uses a regular fee that is not refunded once the challenge is activated. Funded accounts start on an 80% split, which HyroTrader can raise to 90% on One-Step and Two-Step as you scale. Payouts can be requested from $100 in profit, are paid in USDT or USDC within 24 hours, and cost nothing to withdraw. With code GUIDE every challenge is 2% cheaper.
Challenge Programs
Zero-Step
The fastest way to a funded account: one phase, a 10% target and only 1 trading day required. Limits are tighter, at 3% daily and 5% max loss, and no single trade can make up more than half the target. The fee is not refundable after activation and the split stays at 80%. Sizes 5K–100K, from $75.65 with code FEAR15.
Profit Split: 80% (fixed)
Target 10% | Max Loss 5% | Daily 3% | Min Days 1 | Time Unlimited | No Activation Fee
One-Step
HyroTrader’s most popular challenge. One phase with a 10% target over at least 5 trading days, a 4% daily limit and a 6% max loss. No single day can make up more than 40% of the target, and the deposit is returned with your first payout. Sizes 5K–200K, from $58.65 with code FEAR15.
Profit Split: 80%, up to 90%
Target 10% | Max Loss 6% | Daily 4% | Min Days 5 | Time Unlimited | No Activation Fee
Two-Step
The cheapest way in and the most room to trade: 10% in Phase 1, 5% in Phase 2, at least 5 trading days in each, a 5% daily limit and a 10% max loss. The 40% daily profit rule applies in both phases, and the deposit is returned with your first payout. Sizes 5K–200K, from $50.15 with code FEAR15.
Profit Split: 80%, up to 90%
Targets 10% / 5% | Max Loss 10% | Daily 5% | Min Days 5 + 5 | Time Unlimited | No Activation Fee
Key Features
• Trade on Bybit, BloFin or Hyro, plus the Tealstreet and Tiger terminals on Bybit challenges
• 700+ USDT perpetual pairs, with tokenized stocks, gold and silver on Hyro
• Static drawdown on every challenge, and no stop-loss requirement
• No time limit, and Zero-Step can be passed in a single trading day
• Deposit returned with your first payout on One-Step and Two-Step
• Payouts from $100 in profit, sent in USDT or USDC within 24 hours with no fees
• Bots allowed when the strategy is your own
• Up to $400,000 in challenges and $200,000 in funded accounts per trader
Leverage
| Platform | Zero-Step | One-Step | Two-Step |
|---|---|---|---|
| Bybit | |||
| Hyro | |||
| BloFin |
You set the leverage yourself, from 1:1 up to the pair’s limit: 1:100 on most Bybit pairs, 1:100 or higher on Hyro depending on the pair, and 1:150 on BTC and ETH at BloFin. Funded accounts add one more cap: total margin in use can’t exceed 25% of the starting balance.
Restricted Countries
| Size | Program | Profit Target | Max Loss | Daily Loss | Drawdown | Profit Split | Payout | Loyalty | Activation Fee | Price |
|---|
15% Off
Code FEAR15 takes 15% off every HyroTrader challenge, on Zero-Step, One-Step and Two-Step at every size. The $5K Two-Step drops from $59.00 to $50.15, the $100K One-Step from $749.00 to $636.65 and the $200K Two-Step from $969.00 to $823.65. On One-Step and Two-Step you still get the full deposit back with your first payout.
2% Off
Code GUIDE is the standing HyroTrader code and takes 2% off any challenge at every size, for example $59.00 to $57.82 on the $5K Two-Step. It applies whenever no bigger promo is running.
News Trading Allowed
Allowed on every stage, with no blackout window — you can keep trading through releases. A strategy that relies solely on news or on exploiting a news event is not allowed.
Weekend & Overnight Holding Allowed
Positions can be held overnight and over the weekend on every stage. Crypto trades 24/7, so there is no forced close.
Trading Bots Allowed
Allowed as long as the strategy is your own. A bot has to follow every rule a manual trader does, and you are responsible for every order it places. Ready-made bots running someone else’s strategy are not allowed.
Hedging Within One Account Allowed
Holding opposing positions inside a single account is allowed on Bybit, BloFin and Hyro, where the platform supports it.
No Stop-Loss Required Allowed
A stop-loss is not mandatory. You can open positions without one, but every loss limit still applies.
Profit Distribution Rule Restricted
During the evaluation, no single trading day may count for more than 40% of the profit target on One-Step and Two-Step. On Zero-Step the cap is 50% per trade. Profit above the cap stays in the account but does not count toward the target, and losing days and trades always count in full. Funded accounts have no profit distribution rule.
What Counts as a Trading Day Restricted
A UTC day on which you close at least one trade sized at 5% of the initial balance or more, with a result of at least 1% of the trade’s value, up or down, before fees. The trade counts on the day it closes. Profit from trades that don’t qualify still counts toward the target.
Funded Exposure Limits Restricted
Funded accounts only: total margin across open positions may not exceed 25% of the initial balance, and the combined notional value of open positions may not exceed 2× the initial balance. On a $10,000 account that is $2,500 of margin and $20,000 of open positions. The first breach of each limit brings one formal warning; the next fails the funded stage.
Low-Cap Altcoins Restricted
No more than 5% of the initial balance, leverage included, may be allocated across low-cap assets at any time — coins under $100 million market cap, with $500K–$5M typical daily volume, or listed in the Innovation Zone. Breaching it can mean reassignment to a new challenge, and only 40% of low-cap profit counts toward the target.
Capital Limit Restricted
Up to $400,000 across evaluation challenges and $200,000 across funded accounts per trader. Opening more accounts to get around either limit is prohibited.
Inactivity Restricted
Trade at least once every 30 days or the account fails. The 30 days restart with each trade, each payout or a reactivation.
Zero-Step Fee Restricted
The Zero-Step price is a fee, not a deposit, and is non-refundable once you activate the challenge. Before activation, any challenge can be cancelled and refunded.
Terminals & Country Access Restricted
The Tealstreet and Tiger terminals are not available in the United States or in countries where Bybit is restricted, and a VPN may not be used to get around this. If Bybit isn’t available where you live, Hyro needs no exchange account.
VPN Use Restricted
VPNs are allowed for privacy, but not to hide or misrepresent the country you trade from. HyroTrader may ask for proof of residence and can suspend the account if none is provided within 14 days.
Account Reviews Restricted
Accounts are reviewed manually for gambling or “all-or-nothing” trading. In high-risk cases HyroTrader can issue a warning, remove profits, adjust or reject a payout, temporarily reduce the split or close the account.
Martingale Prohibited
Strictly prohibited, including any increase in position size after a losing trade in order to recover the loss.
Hedging Across Accounts Prohibited
Opposing positions across two or more accounts — your own or a connected person’s, in the same or correlated instruments, or against a position at another firm or exchange — are prohibited. The accounts involved are restricted with no refund and the trader is banned.
Copy Trading & Signals Prohibited
Copying other traders is not allowed, nor are ready-made bots running someone else’s strategy, copy-trading services, account mirroring or external signal providers.
Prohibited Actions (Bybit Challenge) Prohibited
Requesting extra demo funds, changing the USDT balance, deleting or altering the API key, trading spot in a futures challenge, trading EUR/USD, trading options or USDC pairs, and combining spot and margin on the same account. Breaking any of these can fail or close the account.
Exploits & Coordinated Trading Prohibited
Exploiting platform errors, stale prices or latency, coordinated or group trading across accounts, trading for someone else or selling an account, and any strategy that only works because the environment is simulated.
Restricted Countries
Live On-Chain Payouts — Last 30 Days
Loading…RISEPAY on-chain data only. Some firms also pay via wire or other crypto — figures are a partial view.
From $100 in profit • USDT or USDC within 24 hours • No withdrawal fees • Up to 4% of the account per request
How Payouts Work
There is no waiting period and no minimum number of funded days. Once your funded account holds at least $100 in profit after the split, close all open positions and submit a request. HyroTrader processes it within 24 hours and sends it in USDT or USDC, with no withdrawal commission.
Maximum Per Payout
A single payout can be up to 4% of the starting balance: $200 on a $5,000 account, $400 on $10,000, $1,000 on $25,000, $2,000 on $50,000, $4,000 on $100,000 and $8,000 on $200,000. Profit above that stays in the account, and you can request again as soon as you reach the cap again.
Profit Split
Every funded account starts at 80%. On One-Step and Two-Step, HyroTrader can raise it up to 90% as you scale, but the increase is at its discretion and never automatic. You can ask for a scaling review once the account is up 20% in total. Zero-Step stays at a fixed 80%.
Refundable Challenge Deposit
One-Step and Two-Step are paid as a deposit, not a fee. It comes back with your first payout, sent as a separate crypto transaction so it is easy to track. The Zero-Step fee is not refunded once you activate the challenge, and any challenge cancelled before activation is refunded.
Payouts in USDT or USDC only. Challenges can be paid by Visa, Mastercard or crypto.
Available Markets & Leverage
Bybit
Hyro
BloFin
Not Allowed
Spot trading, USDC perpetuals, COIN-M futures and options on every platform, plus the EUR/USD pair on Bybit challenges.
Trader Reviews 0
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HyroTrader Reviews & Ratings
Rated by our community & expert team
HyroTrader is one of the few prop firms where you actually trade on a crypto exchange. Static drawdown, no stop-loss rule, payouts within 24 hours and a deposit you get back make it easy to recommend. The catches: each payout is capped at 4% of the account, and the jump from 80% to 90% split is up to the firm.
Summary
HyroTrader has been funding crypto traders since August 2023. You choose Zero-Step, One-Step or Two-Step, with accounts from $5,000 to $200,000 starting at $50.15 with code FEAR15, and trade USDT perpetuals on Bybit, BloFin or the Hyro platform. Both loss limits are static, there is no time limit and you don’t need a stop-loss. Once funded you can withdraw from $100 in profit, paid in USDT or USDC within 24 hours, up to 4% of the account per request. On One-Step and Two-Step the deposit comes back with your first payout. It is a strong pick for crypto traders who want real exchange platforms and clear rules, as long as the 4% payout cap fits how you trade.
Deep Dive
More About HyroTrader
Is HyroTrader Legit?
Yes. HyroTrader has operated since August 2023 through HYRO TECHNOLOGIES FZ-LLC, a company registered in the Ras Al Khaimah Economic Zone in the UAE, with Samuel Drnda as CEO. The firm reports more than $8 million paid out and more than 1,700 funded traders, and it holds a — Trustpilot score from — reviews.
Like nearly every prop firm, HyroTrader runs all accounts on simulated trading with real exchange data, and payouts are a share of that simulated profit. Its terms are unusually detailed. They define exactly what counts as a trading day, how the deposit is returned, and how suspected rule breaks are handled, with at least 14 days to respond before most penalties are confirmed. The downsides are written down too: payouts are capped at 4% of the account, the 90% split is discretionary, and funded accounts have limits on margin and position size.
Payouts go out in USDT or USDC, not through Rise, so HyroTrader’s withdrawals can’t be tracked on-chain the way Rise payouts can.
HyroTrader vs Other Crypto Prop Firms
HyroTrader vs E8 Perpetuals: E8 runs perpetuals on its own E8 Terminal with Hyperliquid data, covers tokenized forex, indices and energy as well as crypto, and offers splits up to 100%. HyroTrader puts you on Bybit, BloFin or Hyro instead, with 700+ pairs, leverage up to 1:150, static drawdown on every challenge and a deposit that comes back with your first payout.
HyroTrader vs For Traders Crypto: Both firms started in 2023 and are based in Dubai. For Traders trades crypto on MetaTrader 5 and TradeLocker with leverage of 1:5 or lower, and offers an Instant Funding account with no evaluation. HyroTrader has 700+ perpetual pairs, much higher leverage and payouts within 24 hours of a request.
HyroTrader vs Tradeify Crypto: Tradeify Crypto launched in February 2026 on DXTrade and offers splits up to 95%. HyroTrader has a longer track record, a one-day Zero-Step challenge and three platforms to choose from, and its Hyro platform also covers tokenized stocks and metals.
HyroTrader Frequently Asked Questions
Is HyroTrader legit?
Yes. HyroTrader has operated since August 2023 through HYRO TECHNOLOGIES FZ-LLC in the UAE, reports more than $8 million paid to traders, and holds a 4.0 Trustpilot score from 229 reviews.
What is the HyroTrader discount code?
FEAR15 takes 15% off every HyroTrader challenge right now, on Zero-Step, One-Step and Two-Step at every account size. GUIDE is the standing code and gives 2% off when no bigger promo is running.
How much does HyroTrader cost?
With code FEAR15, prices start at $50.15 for a $5,000 Two-Step, $58.65 for a $5,000 One-Step and $75.65 for a $5,000 Zero-Step. The $200,000 accounts cost $823.65 on Two-Step and $1,104.15 on One-Step.
What challenges does HyroTrader offer?
Three. Zero-Step is one phase you can pass in a single trading day, One-Step is one phase over at least 5 trading days, and Two-Step has a 10% and a 5% phase. Accounts run from $5,000 to $200,000, and Zero-Step goes up to $100,000.
What are the HyroTrader Zero-Step rules?
A 10% profit target, a 3% daily loss limit, a 5% max loss and at least 1 trading day. No single trade can make up more than 50% of the target, the split is a fixed 80%, and the fee is not refundable once the challenge is activated.
What is the HyroTrader profit split?
Every funded account starts at 80%. On One-Step and Two-Step, HyroTrader can raise it to 90% as you scale, at its discretion. Zero-Step stays at 80%.
How do HyroTrader payouts work?
Once your funded account has at least $100 in profit after the split, close your positions and request a payout. It is processed within 24 hours in USDT or USDC with no fees. Each payout is capped at 4% of the starting balance, for example $4,000 on a $100,000 account.
Is the HyroTrader challenge fee refundable?
On One-Step and Two-Step, yes. You pay a Refundable Challenge Deposit that comes back with your first payout. The Zero-Step fee is not refundable after activation, and any challenge cancelled before activation is refunded.
What type of drawdown does HyroTrader use?
Static on every challenge. The max loss is fixed to the starting balance, and the daily limit is measured from your equity at 00:00 UTC, so it doesn't move up when you are in profit.
Which platforms can I use with HyroTrader?
Your own Bybit or BloFin demo account, or the Hyro platform, which uses live Bybit prices and needs no exchange account. Bybit challenges can also be traded through Tealstreet or Tiger, which are not available in the US or where Bybit is restricted.
What can I trade at HyroTrader?
700+ USDT perpetual pairs around the clock. Hyro also lists tokenized stocks and metals such as Apple, Nvidia, Tesla, the S&P 500, gold and silver. Spot, USDC perpetuals, COIN-M futures and options are not allowed.
What leverage does HyroTrader offer?
You choose it yourself, from 1:1 up to the pair's limit: 1:100 on most Bybit pairs, 1:100 or more on Hyro and 1:150 on BTC and ETH at BloFin. Funded accounts can use no more than 25% of the starting balance as margin.
Does HyroTrader require a stop-loss?
No. You can open trades without a stop-loss, but the daily and max loss limits still apply.
Is news trading allowed at HyroTrader?
Yes, and you don't have to close positions around releases. A strategy built only on news events is not allowed.
Can I use trading bots at HyroTrader?
Yes, as long as the strategy is your own. Copy trading, signal services and bots running someone else's strategy are not allowed.
Does HyroTrader have a consistency rule?
Only during the challenge. On One-Step and Two-Step no single day can make up more than 40% of the target, and on Zero-Step no single trade can make up more than 50%. Funded accounts have no profit distribution rule.
Does HyroTrader have a time limit or inactivity rule?
There is no time limit on any challenge. You do need to trade at least once every 30 days, or the account fails. Each trade or payout restarts the 30 days.
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