HyroTrader
Bybit-integrated prop trading with 700+ pairs
· Editorial verdict
HyroTrader scores 4.7/5 in our editorial rubric against a 4.6/5 Trustpilot average from 1,240 reviews. Trades route to Bybit perpetual orderbooks for real exchange depth across 700+ pairs. The maximum profit split is 90%, with payouts typically settling within 24 hours. As of April 2026, the platform stands out for Direct Bybit exchange execution — no CFD synthetic pricing, and 700+ pairs including memecoins and DeFi tokens. Founded in 2023 and headquartered in EE, HyroTrader runs on Bybit with leverage up to 100× on majors. The main caveat: US traders not accepted (Bybit restriction). Suits traders who want a two-phase evaluation, trailing drawdown that rewards steady-running P&L, account sizes up to $200K, $1M on scaling, KYC required. Verdict: a first-shortlist real-exchange perpetual firm if you want 90% splits and same-day payouts on real execution.
The full spec.
Execution
- Venue
- perpetual
- Exchange
- BYBIT
- Platforms
- Bybit
- Pairs
- 700+
- Leverage (majors)
- 100×
- Leverage (alts)
- 20×
Challenge
- Types
- 2-step
- Profit target
- 10%
- Daily drawdown
- 5%
- Max drawdown
- 12%
- Drawdown type
- trailing
- Account sizes
- $5.0K – $200K
- Max scaling
- $1.0M
Economics
- Profit split
- 70–90%
- Payout methods
- USDT · USDC
- Payout speed
- 24h
- Payout frequency
- on-demand
- KYC required
- Yes
Features
- Weekend hold
- Allowed
- Overnight hold
- Allowed
- News trading
- Allowed
- Copy trading
- Blocked
- EAs / bots
- Blocked
- Scaling plan
- Yes
- Swap-free
- Yes
▲ Pros
- ▲Direct Bybit exchange execution — no CFD synthetic pricing
- ▲700+ pairs including memecoins and DeFi tokens
- ▲24-hour USDT/USDC payouts with 30% fee cashback
- ▲1:100 leverage on majors, highest in the category
- ▲Scaling to $1M allocation
▼ Cons
- ▼US traders not accepted (Bybit restriction)
- ▼KYC mandatory on challenge purchase
- ▼Only one platform — no MT5/TradingView
Our take.
HyroTrader is a crypto-native prop firm that executes trades directly on Bybit via API, making it one of the few firms offering real-exchange execution instead of CFD synthetic pricing. The 2-step challenge covers 700+ pairs including altcoins, memecoins, and DeFi tokens — a broader universe than any forex-first prop firm. Payouts settle in USDT or USDC within 24 hours on demand.
Trading conditions in depth.
Fee structure and funding rates
HyroTrader passes through Bybit's native trading fees — typically 0.06%/0.01% taker/maker on perpetual pairs — with no additional firm-side markup. Funding rates (paid or received on open perpetual positions every 8 hours) are passed through verbatim. During sustained bullish or bearish regimes, funding can compound to meaningful P&L impact on large positions; factor this into any strategy that holds overnight. There are no monthly platform fees.
Drawdown mechanics — the details that kill challenges
HyroTrader uses a trailing drawdown type pegged to your highest equity point across the account lifetime. A 12% maximum drawdown on a $100K account means you cannot go below $88K at account open — but if you reach $110K, that floor becomes $96.8K. The 5% daily drawdown resets at 00:00 UTC sharply: positions held across the reset boundary carry unrealized P&L into the next day's budget, which has caught out many traders sizing on funding-rate plays. Liquidations count immediately and instantly; a single cascading altcoin candle can end a challenge in seconds.
Platform-specific quirks
Execution is entirely within the Bybit web and mobile interfaces — no MT5, no cTrader, no third-party platform adapter. This means trade automation requires Bybit's native API, and EAs or copy-trading bots are structurally blocked by the prop firm's rules even where the exchange would technically permit them. The upside is execution quality matches Bybit's real market depth; the downside is limited tooling for anyone who codes their strategies outside Bybit's ecosystem.
Known failure modes
The three most common reasons HyroTrader traders fail challenges: (1) oversizing on an altcoin that dumps overnight, triggering liquidation during sleep hours; (2) chasing a lost daily-drawdown budget by sizing up further in the same session, turning a 3% down day into a breach; (3) underestimating funding-rate cost on leveraged longs during sustained bull regimes, which can flip a 'breakeven' position into a 1-2% daily drag. Sizing discipline and awareness of these three patterns is what separates passing traders from the statistical 80% who lose the challenge fee.
HyroTrader promo code & discount.
15% OFF Challenge on HyroTrader when you buy through cryptopropfirmmatch.com — the discount is applied at checkout on the evaluation fee. Activation, reset and data fees are billed at the firm's list price unless its own pricing page says otherwise.
Questions traders ask.
Is HyroTrader legit?
+
Yes. HyroTrader executes on Bybit via direct API, meaning your trades hit a real orderbook rather than a synthetic CFD feed. Over 30,000 traders and $2M+ in documented payouts. Accepts traders in 165+ countries.
How fast are HyroTrader payouts?
+
HyroTrader processes payouts in USDT or USDC within 24 hours on demand. Verified payouts are published on their public payout dashboard with blockchain transaction hashes.
Can US traders use HyroTrader?
+
No. HyroTrader relies on Bybit for execution, and Bybit does not accept US residents. Consider Breakout (Kraken-backed, US-compliant) or FundedNext as alternatives.
Ready to trade HyroTrader?
15% OFF Challenge via cryptopropfirmmatch.com. Your code is applied automatically at checkout.
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