A Crypto Futures Prop Firm with Three Challenge Types and 24-Hour Stablecoin Payouts
Discount: use code DED5IJB at checkout for 5% off a HyroTrader challenge.
Important Context: HyroTrader Is Not an Onchain Prop Firm
HyroTrader states plainly that all trading takes place on simulated (demo) accounts running on real exchange market data. It is not a broker, accepts no trading deposits, and earns its revenue from challenge fees. Evaluation rules are enforced by the firm's own systems, not smart contracts, which is why it sits in our Crypto Prop Firms section rather than the main Onchain Prop Firms table. Payouts, however, are made in USDT or USDC.
Three Challenge Types
| Challenge | Profit Target | Daily Loss | Max Loss | Min Period | Fee |
|---|---|---|---|---|---|
| Zero-Step (from $89) | 10% | 3% | 5% | 1 day | Non-refundable |
| One-Step (from $69) | 10% | 4% | 6% | 5 days | Refundable deposit |
| Two-Step (from $59) | 10% + 5% | 5% | 10% | 5 + 5 days | Refundable deposit |
Trading periods have no deadline and a stop loss is not required. Accounts close after 30 days of inactivity. Low-cap altcoins (market cap under $100M) are restricted to under 5% of the initial balance, leverage included. Account sizes are chosen at checkout, up to $200,000 funded.
Profit Split
The base split is 80% on every product. On One-Step and Two-Step it can rise to 90% over time; Zero-Step stays at 80%.
Platforms and Leverage
You can trade on HyroTrader's own platform (700+ USDT perpetual pairs, TradingView charts), or connect an API-linked demo account on Bybit (700+ pairs, up to 150x on BTC and ETH) or BloFin (80+ USDT-M pairs, up to 150x on BTC and ETH). The Tealstreet and Tiger terminals run on Bybit data and are unavailable to US residents and Bybit-restricted countries; HyroTrader says not to bypass this with a VPN.
Payouts
HyroTrader says payouts are processed within 24 hours in USDT or USDC with no fees. The minimum is $100 in profit after the split, and positions must be closed before you request one. On One-Step and Two-Step the refundable deposit returns with your first payout. The site does not name the payout network, so confirm it before requesting.
The firm claims over $8M paid to 1.7K+ funded traders, but we have not independently verified payouts, so we mark Payouts Verified: No in the comparison table.
Company Structure
The platform is operated by HYRO TECHNOLOGIES FZ-LLC (Ras Al Khaimah, UAE). Funded accounts are provided by HYROTRADER TECHNOLOGIES LTD (Tortola, BVI), and card payments for EEA/UK customers go through Hyro Finance, j.s.a. (Bratislava, Slovakia). The team started building in 2022 and launched in 2023.
What Gives Us Pause
A funded account here is a contractual share of simulated performance, so there is no onchain-verifiable rulebook or payout trail. Mainly, payouts depend on the firm's own treasury and good faith. Read the terms in the HyroTrader FAQ before buying, and note the Zero-Step fee cannot be refunded.
The Verdict
HyroTrader is a fairly established centralized option (live since 2023) with cheap entry prices, a no-deadline evaluation, and a clear 24-hour stablecoin payout promise. If onchain enforcement and verifiable payouts are non-negotiable, stick with the firms in our main table. If you want a Bybit or BloFin-style futures workflow, it is worth a look.
Frequently Asked Questions
Is HyroTrader an onchain prop firm?
No. All trading on HyroTrader takes place on simulated (demo) accounts that run on real exchange market data. Rules are not enforced by smart contracts. It is listed under Crypto Prop Firms for that reason, although payouts are made in USDT or USDC.
What are HyroTrader's payout terms?
Payouts are processed within 24 hours in USDT or USDC with no fees. The minimum is $100 in profit after the split, and positions must be closed before you request a payout.
Is the HyroTrader challenge fee refundable?
On the One-Step and Two-Step challenges the deposit is refundable and comes back with your first payout. On the Zero-Step challenge the fee is non-refundable once the challenge is activated.
What happens if my HyroTrader account is inactive?
The account closes after 30 days of inactivity. There is no time limit to complete the challenge otherwise.
Is there a discount code for HyroTrader?
Yes. Use code DED5IJB at checkout for a 5% discount.
Rating
Established, Centralized — Verify Payouts Yourself
Up to 90% split and 24h stablecoin payouts. Not onchain — payouts not independently verified.
Use code DED5IJB at checkout for a 5% discount.
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