Real Exchange Trading ✓ Verified Firm

HyroTrader

HyroTrader is a Prague-based crypto prop firm founded in 2022, pioneering real Bybit and CLEO (Binance) exchange execution with funded accounts from $5k to $200k, 700+ crypto pairs, and on-demand…

🌍 Czech Republic
📅 Est. 2022
📊 Crypto only
📝 Updated April 29, 2026
🔍 Verified Apr 2026
1-step2-step
🚫 Restricted: No direct restrictions Bybit restrictions apply (US/UK use CLEO platform) CLEO has no country restrictions
SA
Reviewed by Saqib Iqbal ✓ SPR Analyst · 6
SPR Rating
4.1/5
✓ Data Verified Apr 2026
User Rating
No reviews yet — be first

Trust
4.2
Fees
4.0
Rules
3.8
Payouts
4.5
Support
4.3
Bottom Line
HyroTrader pioneered real-exchange crypto prop trading and remains the benchmark for transparency and execution quality in the crypto prop space. Trading directly on Bybit or CLEO with live order books, 700+ pairs, and up to 100:1 leverage is a genuine differentiator — but the 70% starting split, mandatory stop-loss enforcement, and 10-day minimum requirement make it more demanding than it first appears. Best for serious, disciplined crypto traders who want real exchange conditions over maximum ease.
4.1
out of 5
✓ Recommended

📊 Firm Overview

Updated Apr 2026
Account Sizes
$5k - $200k
Min Eval Fee
$89 (one-time)
CEO / Founder
Samuel Drnda
Profit Split
70
Payout Time
On-demand
DD Type
Trailing
Markets
Crypto only
News Trading
Yes
Overnight Hold
Yes
Scaling
1000000

🔬 SPR Intelligence Analysis

Proprietary Metrics
Difficulty Score ?Based on profit target, drawdown type, min days and restrictions. 10 = extremely hard to pass.
6.8/10
Average difficulty — trailing drawdown
Value Score ?Lower = better value. Industry average ~$7.00 per $1K.
7.6 per $1K funded
$89 (one-time)
vs ~$7.00 avg across all tracked firms
Best Trader Profile ?Trading styles most likely to succeed given this firm's specific rule set and drawdown type.
Experienced crypto traders who want real Bybit/Binance execution wide altcoin access high leverage and a structured path to scaling $1M — and who trade with strict risk discipline
Best suited for experienced crypto traders who prioritize real exchange execution, wide asset selection, and high leverage over profit split percentages or quick evaluation timelines. Traders who rely on tight scalping or very short-term strategies should carefully review the mandatory stop-loss rule before committing.

📰 Firm Updates & News

Live Feed
2022-01-01
HyroTrade (precursor platform) founded by Samuel Drnda in Prague, Czech Republic Launch
2023-12-23
HyroTrader officially launched as first crypto prop firm with direct Bybit exchange integration Launch
2024-Q2
CLEO platform (Binance data) added — opens access for Bybit-restricted countries including US/UK Expansion
2024-Q4
Surpassed 15,000 registered traders; $1M+ in total payouts processed Milestone
2025-Q2
Live trading tournament held at Bybit HQ Dubai — $235,000 in funded accounts awarded Event
2025-Q3
Miami trading tournament — 15+ traders competed for $350,000+ in funded accounts Event
2025-Q4
OKX exchange integration announced — scheduled for Q4 2026 Expansion
2025-12-19
Named Best Crypto Prop Firm of the Year 2025 at ProFX Awards Dubai (Second Edition) Award
2026-Q1
30,000+ registered traders; $3.5M+ in total payouts confirmed Milestone
2026-Q1
Hyro Protocol announced — decentralized non-custodial crypto prop infrastructure on Solana Development
2026-04-25
Fully operational; OKX integration in development; US expansion ongoing Status

🛡️ Is HyroTrader Legitimate?

✓ Legitimate
📍
Registered In
Slovakia (Hyro Finance j.s.a.) / EU jurisdiction
📅
Operating Since
2022
💰
Reported Payouts
$3.5M+
📜
Regulation
Unregulated (operates under Capital Market Undertakings Act No. 256/2004 Coll., Slovakia)
⚠ Red Flags to Know
🚩 70% starting profit split — significantly lower than most competitors
🚩 Mandatory stop-loss within 5 minutes — one of the strictest enforcement policies in the space
🚩 HyroTrader not directly responsible for Bybit execution accuracy per their own terms
🚩 Total active account cap of $200K — restrictive for scaling traders
🚩 $3.5M in total payouts — lower than top-tier firms at similar age
🚩 Some traders report unexpected breaches during high-volatility crypto events
🚩 Limited Trustpilot review volume (~200 reviews) compared to established competitors

📋 Challenge Rules

1️⃣ 1-step 2️⃣ 2-step

🧮 Challenge Fee Calculator

Select account size to see full cost breakdown:

✅ Pros & Cons

✅ Pros

✅ First crypto prop firm with real Bybit exchange integration — no simulated pricing
✅ 700+ crypto pairs on Bybit / 500+ on CLEO (Binance) — widest selection in crypto prop space
✅ Up to 100:1 leverage on altcoin pairs
✅ On-demand payouts in USDT/USDC within 12–24 hours
✅ Challenge fee fully refunded with first payout
✅ Free 10-day trial available (no payment required)
✅ EU-registered (Slovakia) under EU jurisdiction — more credibility than offshore firms
✅ No country restrictions — CLEO platform available for Bybit-restricted countries including US/UK
✅ Scaling to $1M within 12 months of consistent performance
✅ Bybit Cashback for active traders — partial fee rebate based on volume
✅ 30,000+ registered traders; $3.5M+ in payouts
✅ Named Best Crypto Prop Firm of the Year 2025 — ProFX Awards Dubai
✅ Bot/EA trading allowed via Bybit API
✅ 24/7 live chat support — highly rated in reviews
✅ Accepts 12+ cryptocurrencies for payment

❌ Cons

❌ Starting profit split of 70% — lowest among major crypto prop firms (Breakout starts at 80%)
❌ Mandatory stop-loss within 5 minutes of every trade — aggressively enforced
❌ Minimum 10 trading days with $100+ qualifying profit per day — slower than firms with no day minimums
❌ Total active account cap of $200K — cannot stack beyond this limit
❌ 20% net profit required every 4 months for scaling — demanding consistency bar
❌ Only crypto — no Forex, Indices, or Commodities
❌ Bybit-restricted traders (US etc.) must use CLEO — different platform experience
❌ No forex-style platforms (MT5, cTrader) — Bybit/CLEO only
❌ Relatively low total payout record ($3.5M) vs top competitors
❌ 1-step has tighter drawdown — flash crashes can breach quickly

🎯 Who Is This Firm For?

✅ Ideal For
👍 Experienced crypto traders who want real exchange execution
👍 Altcoin and high-leverage traders (up to 100:1)
👍 Bot and EA traders using Bybit API
👍 Traders wanting the widest crypto pair selection (700+)
👍 US and UK traders (use CLEO platform — no restrictions)
👍 Traders who want a free 10-day trial before committing
❌ Not Ideal For
👎 Traders who need 80%+ profit split from day one
👎 Traders who scalp without stop-losses or delay SL placement
👎 Beginners who struggle with strict risk rules
👎 Traders wanting Forex or traditional asset access
👎 Traders who need MT5, cTrader, or similar platforms
👎 Traders seeking the simplest evaluation path

⚖️ Our Verdict

4.1/5

HyroTrader earned its industry recognition by doing something no other crypto prop firm had done before — connecting traders directly to real exchange order books instead of simulated environments. That foundational advantage still holds in 2026, and the 700+ pairs, 100:1 leverage, and Bybit Cashback perks are genuinely hard to beat. The trade-offs are real though: a 70% starting split is the lowest in the major crypto prop space, the mandatory stop-loss rule is strictly enforced, and the 10-day minimum evaluation timeline is slower than competitors. For serious crypto traders who value execution quality above all else, it remains a top-tier choice.

✓ Recommended for Experienced crypto traders who want real Bybit/Binance execution, wide altcoin access, high leverage, and a structured path to scaling $1M — and who trade with strict risk discipline

❓ Frequently Asked Questions

It was the first firm to integrate direct Bybit exchange execution, meaning traders trade on real order books with live market data — not simulated pricing.
70%, increasing by 5% every 4 months of consistent funded performance, reaching a maximum of 90% after approximately 16 months.
Yes — US and UK traders can use the CLEO platform (Binance data) which has no country restrictions, as an alternative to Bybit.
Yes — a free 10-day demo trial is available with up to $100K virtual capital under the same rules as paid challenges, with no payment required.
Every 4 months, if you achieve 20% net profit, your account size increases by 25% — scaling from a maximum of $200K up to $1 million.

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