REVIEW SUMMARY
HyroTrader is a Crypto prop firm, located in Bratislava, Slovakia. It was founded in 2023.
FEATURES
Instruments: Crypto Spot, Crypto Futures, Crypto Options.
Max balance: $1,000,000
Profit split: up to 90%
Cost: from $89
Platforms: Proprietary, Web.
PROS & CONS
What I like:
What could be improved:
HyroTrader is a prop trading firm located in Slovakia.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from HyroTrader.
Here’s what you’re going to learn:
HyroTrader is a crypto prop firm located in Bratislava, Slovakia. It’s solely dedicated to cryptocurrency traders, which is something rare in the prop firm industry.
HyroTrader is a prop firm that funds traders to trade Crypto. You can trade all crypto assets that exist on the ByBit exchange, including Spot and Futures crypto symbols.
All popular cryptocurrencies are available to trade like BTC (Bitcoin), ETH (Ethereum), SOL (Solana), ADA (Cardano), DOGE, XRP, LTC, BNB, and many others.
HyroTrader has five different account sizes that you can choose from.
The balances available are:
The costs start at $89 for the smallest account and go up to $599 for the bigger account size. You can use my link and coupon code (below in this article) to get a discount on your purchase.
These are just the initial account sizes though. If you keep trading well, you’ll enter their scaling plan.
How does the scaling plan work?
There are only three rules:
That’s pretty cool.
The leverage provided by HyroTrader is up to 1:100.
This is leverage at professional trader’s level and there are no imposed limits on position sizing.
HyroTrader has a profit split that goes up to 90%.
This means that the trader gets 90% of the profits and the prop firm keeps 10% of the profits to them.
A good thing they have is the payment speed. They basically have no waiting period. In the span of 12-24 hours, you can get paid, starting from day one of your funded account.
According to Trustpilot, HyroTrader is classified as excellent. It’s scoring 4.5/5.0 after 42 reviews.
When trading with HyroTrader propfirm you must prove your trading experience in a quick 2-step evaluation process.
This step of the challenge has a fee that is reimbursed during the first Profit Split after you become a funded trader.
Here are all the details:
This step of the challenge is similar to step one but with more relaxed rules. You can trade for a fewer number of days and the profit target you need to achieve is also smaller.
There’s no fee to pay when trading this step of the challenge.
Here are all the details:
There’s no problem if you want to use bots to automate your strategy with HyroTrader.
You can use ByBit pre-configured bots or code your own trading bots.
It’s also possible to generate an API key and link it to your custom trading bot, so the possibilities here are infinite.
Recently HyroTrader started to offer free trials. You can now test the system and your trading skills with a trial-funded account.
Click the button below and open your trial account while it’s possible.
There are no free repeats so you need to be careful not to break any HyroTrader rule. If you violate the rules after you’re already funded, you’ll lose your trading account, but you can still apply again and repeat the challenge if you wish.
HyroTrader gave me a special code just for my readers, and this includes you. When you use it, you get a 10% off on your purchase. Use the link below to get it, and if necessary, use the coupon code QL1JUG5 during the checkout.
HyroTrader uses the ByBit exchange to give you access to the markets.
That way, the platform used by HyroTrader is the ByBit proprietary trading platform.
It’s allowed to trade at any time of the day.
You don’t need to close any position overnight which is great, especially because crypto trading is more about swing trading and not much about day trading.
You can also hold your positions open during the weekend.
Whatever your trading style, HyroTrader is a good prop firm for you.
Trading during news is allowed. News doesn’t affect the crypto market the same way as other markets.
So, if you like to trade news, then this may be a good prop firm for you. You just need to be careful and have good risk management. Learn how to calculate your maximum lot size wisely.
Here are all the payment types accepted by HyroTrader:
Yes, HyroTrader is a legitimate company.
Here are their contacts:
There’s also live chat support on their website.
Here is a list of the best HyroTrader alternatives:
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