HyroTrader: Your Gateway to Crypto Prop Trading Success

What is HyroTrader?

HyroTrader, a Bratislava-based crypto prop trading firm, was founded in 2023 to empower cryptocurrency traders. Unlike traditional prop trading firms, HyroTrader focuses exclusively on crypto, offering a streamlined pathway for traders to access significant funding and high-profit splits while trading on ByBit, a well-established crypto exchange.

What Is Crypto Prop Trading?

Crypto prop trading involves trading with a firm’s capital instead of risking your own. Traders keep a substantial portion of the profits (up to 90% with HyroTrader) while adhering to risk management guidelines set by the firm. In exchange, the firm mitigates its risks by vetting traders through rigorous evaluation processes.

HyroTrader simplifies this model with an accessible two-step evaluation. Traders gain funding to trade live crypto markets after showcasing their skills in a demo environment.

Key Features of HyroTrader

• Tradable Assets: Crypto spot, futures, and options. Popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and more.
• Funding Levels: Account sizes range from $5,000 to $100,000, with scaling opportunities up to $1,000,000.
• Leverage: Up to 1:100, catering to professional traders.
• Profit Split: Traders can retain up to 90% of profits.
• Evaluation: A transparent, two-step process to qualify for funding.
• Trading Platform: Integration with ByBit, a reputable crypto exchange.
• Automation Options: API support for trading bots and custom scripts.

Evaluation Process: How to Become a Funded Trader

HyroTrader’s evaluation process is designed to filter out skilled and disciplined traders. It includes two stages:

1. HyroTrade Challenge:

   • Profit Target: Achieve a 10% gain on the demo account.
   • Maximum Daily Loss: 5% of the initial account balance.
   • Maximum Drawdown: 10% of the account balance.
   • Trading Days: A minimum of 10 trading days is required.

2. Verification Phase:

   • Profit Target: A reduced goal of 5%.
   • Relaxed Rules: Requires only 5 trading days.
   • No additional fees for this phase.

Passing these steps grants traders access to a live funded account, beginning their journey as professional crypto traders.

How to Get Started

First, sign up on HyroTrader.

Choose Your Plan: Select an account size and pay the one-time fee.

Connect to ByBit: Use your existing ByBit account or create one.

Connect your demo trading account.

Create API keys and store it safely.

Now you can start the challenge.

Pass the Evaluation: Complete the HyroTrade Challenge and Verification.

Make sure read the rules and agree to the terms and conditions to proceed. 

Once you confirm, you’ll notice that your Bybit demo account will now reflect the same balance as your HyroTrader account. 

Make sure you don’t request more funds from the demo trading account. 

Go through the KYC verification to enable payouts.

Pass the Evaluation: Complete the HyroTrade Challenge and Verification.

Start Trading: Access your funded account and grow your profits.

Trading Rules: A Path to Disciplined Trading

HyroTrader enforces specific rules to ensure traders operate responsibly:

• Trading Period: Unlimited for funded traders.
• Daily Loss Limit: Trades cannot exceed a 5% daily drawdown. Resets at UTC +2.
• Risk Per Trade: Each trade is capped at 3% of the initial balance.
• Diversified Profits: No single trade should account for more than 40% of total profits.
• No Martingale: High-risk doubling-down strategies are prohibited.
• Stop Loss Requirement: Mandatory within 5 minutes of entering a trade, limited to 3% risk per position.
• Maximum Loss Limit: Equity must remain above 90% of the initial account balance.
• Maximum Exposure: Margin usage capped at 25% of the initial balance.
• Cumulative Position Value: Total open positions cannot exceed twice the initial balance.
• Inactivity Rule: Accounts inactive for 30 days are terminated.

These rules foster a culture of risk management and consistent performance.

Trading with ByBit via HyroTrader

One of HyroTrader’s standout features is its seamless integration with ByBit, one of the most trusted crypto exchanges. Traders enjoy:

• Real Crypto Trading: Unlike many prop firms offering CFD trading, HyroTrader allows direct market access on ByBit.
• Comprehensive Market Coverage: Trade spot, futures, and options across a wide range of cryptocurrencies.
• Automation: Use ByBit’s API for custom bots or pre-built solutions.
• 24/7 Market Access: Crypto markets never sleep, offering endless trading opportunities.

Account Types and Costs

HyroTrader offers flexibility with five account tiers:

Each account includes a scaling plan, allowing successful traders to grow their funding by 25% every four months, capped at $1,000,000.

Payout Process: Fast and Transparent 

HyroTrader makes withdrawals easy:

• Payout Timeline: Requests are processed within 12–48 hours.
• Profit Splits: Start at 70% and scale to 90% over time.
• Crypto Payments: Withdrawals are made in cryptocurrencies, ensuring fast and secure transactions.

What Sets HyroTrader Apart?

1. Access to Real Markets: Unlike competitors offering synthetic instruments, HyroTrader provides access to ByBit’s live crypto markets.
2. Refundable Fees: Evaluation fees are reimbursed upon the first profit split.
3. Generous Scaling Plan: Grow your funding to $1,000,000.
4. Automation-Friendly: Support for trading bots and custom strategies.
5. Comprehensive Support: 24/7 assistance via live chat, email, and social media.

Pros and Cons of HyroTrader

Pros:

• Trade on ByBit with real capital.
• High leverage up to 1:100.
• Transparent evaluation process with no time limits.
• High-profit splits, up to 90%.
• Flexible trading styles (scalping, swing, or position trading).

Cons:

• Withdrawals are exclusively in cryptocurrency.
• Limited to crypto trading – no forex or other asset classes.

Who Should Use HyroTrader?

HyroTrader is ideal for:

• Experienced crypto traders seeking significant funding.
• Traders comfortable with ByBit’s ecosystem.
• Risk-conscious individuals who value strict trading rules.

Is HyroTrader Legit?

Yes, HyroTrader is a legitimate crypto prop firm. The company operates in compliance with Slovak and EU regulations, and user reviews highlight its transparent processes and reliable payouts.

HyroTrader has great reviews on sites such as TrustPilot. 

Conclusion

HyroTrader is redefining the crypto prop trading landscape by offering traders the tools, funding, and platform to succeed. From seamless ByBit integration to transparent evaluations and high-profit splits, the firm is a top choice for serious crypto traders.

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