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Fast Track Trading vs HyroTrader – Full Comparison

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Fast Track Trading

HyroTrader

In this article, we’ll be comparing two prop firms, Fast Track Trading and HyroTrader.

Let’s look at all details.

Prop Firms General Details

In this first table, we compare the year where each prop firm was founded, where their offices are located, and how much balance you can get to trade after scaling (when applicable).

Prop Firm Details Fast Track Trading HyroTrader
Year Founded 2024 2023
Offices Location Florida, USA Bratislava, Slovakia
Maximum Balance $300,000 $1,000,000
Keep First Profits Challenge Fee

HyroTrader is 1 years old. It was founded in 2023, earlier than Fast Track Trading which was founded in 2024 and is 0 years old.

Instruments

Here’s a list of all instruments supported by Fast Track Trading and HyroTrader. I divided the list into two parts to show CFDs products and Futures products.

Instruments CFDs Fast Track Trading HyroTrader
Forex
Indices
Metals
Commodities
Stocks
Crypto
Instruments Futures Fast Track Trading HyroTrader
Equity Futures
Foreign Exchange Futures
Agricultural Futures
Energy Futures
Interest Rate Futures
Metals Futures
Crypto Futures
Bonds Futures
Instruments Crypto (non-CFDs) Fast Track Trading HyroTrader
Crypto Spot
Crypto Futures
Crypto Options

Funding Program Types

Prop firms have different program types to achieve a funded account.

Here’s the resume and comparison of the Fast Track Trading and HyroTrader different program types.

Prop Firm Programs Fast Track Trading HyroTrader
One-Step Evaluation
Two Step Evaluation
Instant Funding

Instant Funding Comparison

Instant funding programs give you access to a funded account immediately without needing to pass any challenge.

Instant Funding Rules Fast Track TradingHyroTrader
Profit Target 5%
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown 5%
Minimum Trading Days 5
Maximum Trading Days
Profit Split 90%

One-Step Program Comparison

One-Step programs are programs that require a single challenge to be passed. As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade.

Here’s the comparison table for the Fast Track Trading and HyroTrader prop firms.

One Step Rules Fast Track TradingHyroTrader
Profit Target
Max Daily Loss
Max Daily Drawdown
Max Loss
Max Drawdown
Minimum Trading Days
Maximum Trading Days
Profit Split

Two-Step Program Comparison

Two-Step programs require that you pass two different challenges before getting funded. Usually, each phase or each challenge has different targets and rules.

Here’s the comparison for Fast Track Trading and HyroTrader.

Two Step Rules Fast Track TradingHyroTrader
Profit Target Step 1 10%
Profit Target Step 2 5%
Max Daily Loss 5%
Max Daily Drawdown
Max Loss 10%
Max Drawdown
Min Trading Days Step 1 10
Min Trading Days Step 2 5
Max Trading Days Step 1
Max Trading Days Step 2
Profit Split 70%, up to 90%

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Trustpilot Reviews

Trustpilot is a reputable platform when it comes to reviewing products and services.

Here is the rating that Fast Track Trading and HyroTrader have on Trustpilot.

Trustpilot Stats Fast Track Trading HyroTrader
Stars
Trustpilot Rating 4.5/5.0 4.5/5.0
Number of Reviews 685 42

Free Stuff

Being able to test a prop firm before we commit and purchase is a good thing. We can get used to their trading platform, and understand spreads, commissions, and rules.

Some proprietary firms also offer free repeats in some circumstances, and also free resets, to be able to reset our account before the challenge period is over, in case things are not going as we wanted.

Here’s the comparison for Fast Track Trading and HyroTrader prop firms.

Free Stuff Fast Track Trading HyroTrader
Free Trial
Free Repeat
Free Reset

Trading Styles

Some prop firms may be better for you than others depending on your trading style. In this table, you can see the comparison between the trading styles allowed by Fast Track Trading and HyroTrader prop firms.

Trading Styles Fast Track Trading HyroTrader
Scalping
Day Trading
Swing Trading
Copy Trading
News Trading
EAs/Bots/Algos Trading
Arbitrage Trading
HFT Trading

Trading Hours

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends.

Here’s what is allowed by Fast Track Trading and HyroTrader.

Trading Hours Fast Track Trading HyroTrader
Holding Overnight
Holding Over Weekend

Trading Platforms

We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms.

Here’s an extensive list of the platforms supported by Fast Track Trading and HyroTrader.

Supported Platforms Fast Track Trading HyroTrader
MT4
MT5
cTrader
TradingView
MatchTrader
DXtrade
Proprietary
Web
NinjaTrader
Tradovate
Rithmic
TigerTrade
OptimusFlow
InsideEdge Trader
Volfix
ATAS
Overcharts
Medved Trader
Quantower
QST
ScalpTool
TSLAB
TradeNavigator
SierraChart
MultiCharts
Photon
MotiveWave
RInvestor
Bookmap X-Ray
T4
Jigsaw Daytradr
Edgeclear
Finamark
Agena Trader
QScalp
Track N Trade
eSignal
Collective2
Trader Evolution
EdgeProX

Leverage

The leverage provided by the prop firm may be an important factor when choosing it. This is especially true for day trading or scalping, where the position size is usually significantly bigger than for swing trading.

Here’s a comparison of the leverage provided by Fast Track Trading and HyroTrader prop firms.

Leverage CFDs Fast Track TradingHyroTrader
Forex
Indices
Metals
Commodities
Stocks
Crypto
Leverage Futures Fast Track TradingHyroTrader
Futures 1:1
Crypto (non-CFDs) Fast Track TradingHyroTrader
Crypto 1:100

Payments

Proprietary firms have several ways of payment.

Here’s a table with the comparison between the payment methods accepted by Fast Track Trading and HyroTrader.

Payment Types Fast Track Trading HyroTrader
Wire
PayPal
Neteller
Skrill
Crypto
Credit Card
Google Pay
Payoneer
Revolut
Wise
Deel Card
Nuvei
Checkout.com
Confirmo
Coinbase
Binance
Perfect Money
Payretailers
Paysera

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