HyroTrader Review for 2025

HyroTrader stands out as one of the only pure cryptocurrency-focused proprietary trading firms on the market today.

With hundreds of different cryptos you can trade in, and a user-friendly approach, it is a great choice for experienced traders who want to prove their mastery of the crypto market.

HyroTrader Overview

The company was initially established in 2020, but restructured itself in 2023 and shifted its focus entirely to the world of cryptocurrencies. 

Registered in Slovakia and operating in compliance with both the country’s and European Union’s regulation, HyroTrader partners with the renowned exchange ByBit to provide funded traders with the most complete selection of crypto instruments to trade with, including futures and spot trading.

HyroTrader welcomes traders from all around the globe, offers a free trial, a refundable fee and a fair evaluation process, making it one of the more trader-oriented firms we’ve seen so far.

Evaluation Process

The company has featured only a standard two-step evaluation path, but has recently added a one-step option as well.

The two-step evaluation process is, of course, more forgiving, and requires traders to follow a set of rules to demonstrate profitability before reaching a funded trader status. 

In phase one, the profit target is set at 10%, while maximum loss is set at 8%, and the daily loss limit is 5%. HyroTrader features no time restrictions when it comes to the trading period, but you must trade and prove your skills for 10 trading days in this phase in order to move on to the next.

The second phase makes things easier, as the profit target is slashed to 5%, while the daily and max loss limits stay the same, for 5 minimum trading days before reaching a funded trader status.

The one-step evaluation option is stricter by nature, and while the minimum trading days are set at 10 and the profit target remains the same at 10%, the daily drawdown is lowered to 4%, while maximum loss cannot exceed 6%. 

This option is also more expensive, so we’d advise it only to more experienced traders with a better knowledge of the highly volatile crypto market.

HyroTrader also offers a free trial, which is something we’ll always commend, as not many firms in this space feature it, and is something that can help you get a better understanding of how the evaluation challenges work and where you can improve before committing your hard-earned money to a live account.

Plans & Pricing

There are five different plans you can choose from here, and since HyroTrader is a crypto-only trading firm that uses the ByBit platform, all plans are valued in the stablecoin USDT (Tether). 

The plans range from 5,000 USDT, and go up to 100,000 USDT. 

The cheapest fee for the smallest plan in the two-step evaluation process is $89, while the same plan costs $119 in the one-step evaluation process. 

All plans start with a 70% profit share, and if you manage to prove yourself and reach a funded trader status, the initial one-time challenge entry fee you paid will be refunded to you. 

HyroTrader also features a pretty solid scaling plan, allowing you to gradually increase the maximum capital to 1,000,000 USDT. 

You will be eligible to scale up your plan every four months, if you achieve a minimum 20% net profit during that period (amounting to 5% monthly). 

The first successful scale-up increases the profit split to 80%, while the second will increase it to the maximum level, currently set at 90%.

Traders are also required to keep their account balances above the initial balance level, and have to process at least 2 payouts in that four-month period.

Trading Platform and Available Instruments

As we mentioned earlier, HyroTrader is partnered exclusively with ByBit, one of the world’s largest and most respected crypto exchanges. 

Through ByBit’s trading platform, traders are allowed to trade on any USDT pair featured on it, which currently amounts to well over 500 different pairs. 

This is by far the largest offering of cryptocurrencies we’ve seen among similar firms, making HyroTrader a premiere option for crypto traders, especially when you consider that the platform offers the ability to trade with leverages of 1:50 or 1:100 on many of its altcoin pairs, which is far above the 1:3 average we’ve seen among other firms.

The partnership with ByBit also allows the funded traders to receive ByBit Cashback, a unique feature that is very useful to more active traders, as it is proportional to the trading volume on the account and refunds a portion of the maker and taker trading fees. 

The cashback can amount to up to 30% of trading fees, and you can request it every 10th day of each month.

Payment Methods and Withdrawals

Since the firm is focused on cryptocurrency trading, it encourages crypto payments and accepts a number of different currencies, including all the biggest ones like Bitcoin, Ethereum, Litecoin, USD Coin, Dogecoin, Dai, Bitcoin Cash and ApeCoin.

If you want to go with a more traditional route, you also have the option to pay for the initial challenge fee by credit card.

When it comes to withdrawals, HyroTrader has a set of specific guidelines to ensure transparency and efficiency. For starters, you need to achieve a minimum profit of $100 (after the profit split) in order to qualify for a payout, as this is the minimum withdrawal amount set by the firm.

The maximum withdrawal amount, on the other hand, is set at 5% of your account balance, as you are required to withdraw your profits upon reaching this threshold, and will not be paid out any additional profits exceeding this amount, so it’s crucial to keep this in mind at all times.

By default, payouts occur biweekly, but can also be requested after one calendar day from executing your first trade on a funded account. The payout processing time usually lasts 12-24 hours upon confirmation.

You can receive your profits in either USDT or USDC stablecoins, and HyroTrader doesn’t charge any withdrawal fees.

Customer Experience

For a relatively new trading firm, HyroTrader boasts an impressive number of features that can make it appealing to a variety of traders of all skill levels.

For example, there are regular tournaments where you can compete with others to earn up to $100,000, and a number of account analysis tools that can be invaluable to more experienced traders.

On the other hand, the company has educational courses and mentorship programs that can help beginners grow their knowledge, while also hosting an active Discord community where you can easily get tips and help from others.

HyroTrader customer support live chat operates 24/5, and the team can also be reached via email. The firm currently holds a strong 4.7/5 rating on Trustpilot, with many positive reviews pointing out the user-centric approach and the quality of the support staff as what makes it stand out from the competition.

In Conclusion

HyroTrader offers a well-rounded package for any new or experienced trader out there who wants to focus on cryptocurrency trading. With a vast selection of currencies to trade with, high leverage and great features like tournaments and mentorship programs, it can be just the place for you.