Trading crypto profitably is challenging but doing it without sufficient capital can even be more difficult for skilled traders. That is where a funded account from prop firms like HyroTrader makes all the difference. Instead of risking your personal funds, HyroTrader lets you prove your trading skills through a structured challenge and, once you pass - you can trade with the firm’s capital while keeping a large share of the profits to yourself.

The HyroTrader Challenge is a crypto prop firm evaluation that allows traders to access funded crypto accounts by passing either a 1 Step or 2 Step challenge. Traders must meet profit targets, follow strict risk rules and trade on the Bybit platform using simulated capital. Successful prop traders can withdrawl real payouts - typically in USDT.

In this HyroTrader Challenge guide for 2026, we break down exactly how the evaluation works, including the 1-Step vs 2-Step challenge models, profit targets, drawdown rules, payout structure and key funded account restrictions traders must follow.This guide is based on HyroTrader’s official challenge rules, platform details and publicly available firm information - combined with trader focused analysis from The Trusted Prop.

What Is HyroTrader? Crypto Prop Firm Overview (2026)

HyroTrader is a crypto only prop firm that is operating on the Bybit exchange - making it familiar and accessible for most crypto traders in 2026. Aditionally, HyroTrader has gained global recognition after being awarded Best Crypto Prop Firm of the Year at the ProFX Awards Dubai - a distinction reported by Business Insider. Unlike forex focused prop firms, HyroTrader specializes exclusively in cryptocurrency markets - making it a niche platform for digital asset traders.
If you are wondering whether the HyroTrader Challenge is legit, how much capital you can access or whether the payout model makes sense for long term traders, then the below guide will answer those questions clearly - so you can decide if HyroTrader fits your trading style in 2026.

How the HyroTrader Challenge Works (Step-by-Step)

There is no one-way solution designed in prop trading, as some traders look for the fastest route to get funded account, while others want a prop firm evaluation with a slower pace and balanced risk rules. That is why the HyroTrader Challenge follows a structured evaluation process designed to test a trader’s risk control, consistency and discipline rather than short term profit gains.

Step 1: Choose Your Account Size

Traders select a challenge account based on the amount of capital they want to manage ranging from smaller starter $5k accounts to larger funding options up to $200k.

Step 2: Select a Challenge Model

HyroTrader offers two evaluation paths to match different trading styles and goals - one is a 1-Step Challenge for faster funding and another is a 2-Step Challenge for traders who prefer a more balanced approach. This evaluation stage is designed to test whether traders can trade profitably while managing risk consistently, not just generate short-term gains.

Step 3: Trade Under Evaluation Rules

During the HyroTrader challenge, traders must follow strict, achievable evaluation rules related to profit targets, daily loss limits, maximum drawdown and the stop loss usage. The goal of this evaluation phase is not to make traders fail the challenge but to identify those who can handle capital responsibly over time.

Step 4: Pass the Challenge and Get Funded

Once all the HyroTrader conditions are met without violating any of the rules - traders get an access to a HyroTrader funded account and become eligible for profit payouts.

HyroTrader Challenge Types (1-Step vs 2-Step)
 

HyroTrader 1-Step Challenge

The 1 Step Challenge is created for experienced traders who want faster access to funding. To pass the challenge, traders need to hit a 10% profit target in a single phase while respecting stricter drawdown rules and risk management terms. This funding model by HyroTrader is best suited for confident traders who have a strong risk control while trading.

HyroTrader 2-Step Challenge

The 2 Step Challenge by HyroTrader follows a more traditional evaluation structure. In Phase 1, traders need to achieve a 10% profit target, followed by a 5% target in Phase 2. The risk limits are more flexible in this challenge type - making it a suitable option for traders who prefer consistency over speed.

No matter what your choice is, HyroTrader evaluation rules are designed to make sure that only the most disciplined traders get to run with the huge share of the capital. This focus on consistency is one reason HyroTrader is frequently highlighted as a reliable crypto prop firm in 2026.

HyroTrader Challenge Pricing & Account Sizes (2026)

The HyroTrader Challenge fee is a one time entry cost based on the account size you choose. This account fee is fully refundable once you pass the challenge and complete your first successful profit withdrawal from a funded account.

Key Pricing Notes (Traders Should Know):

• The HyroTrader challenge fee is paid only once - there are no monthly charges.
• Larger account sizes provide higher capital access but rules remain the same
• HyroTrader account fee refunds are processed after the first payout and not immediately after passing
• Both 1-Step and 2-Step challenges follow identical payout eligibility rules

As you can see the HyroTrader prop firm challenge is a great way for traders at any level of experience to start funded trading through different account sizes the firm offers. Whether you start small or decide to go for the $200,000 account then the professional and transparent process is the same.

HyroTrader Challenge Rules Explained (2026 Update)

The HyroTrader challenge rules determine how traders are evaluated during the funding process. These HyroTrader rules aims at directing traders’ focus on profitability, risk control and consistency - ensuring that they can manage capital responsibly before receiving a funded account.

To help you understand the HyroTrader challenge phase rules, here is a detailed table that describes every rule in the process:

Important Trading Rules You Must Follow

For the traders to qualify for a funded account, there are few strict, yet fair HyroTrader challenge rules and profit targets to adhere in order to benefit from funded account and avoid violation. As a crypto prop firm, HyroTrader prioritizes capital preservation alongwith long term profitability.

One critical restriction that HyroTrader implements is the risk-per-trade rule. If a trader risks more than 3% of the account balance on a single trade, then it may result in an account rule violation. These HyroTrader account restrictions exist to ensure traders demonstrate professional risk management and not reckless profit gains.

Best Trading Practices for Passing the HyroTrader Challenge

• Always use a Stop-Loss: Stop-loss orders are mandatory on every trade. Repeated failure to apply stop-losses can result in termination of HyroTrader challenge.
• Monitor daily loss reset time: Daily loss limits reset at a fixed UTC time and trades placed near reset periods should be handled cautiously.
• Focus on consistency, not speed: Passing the challenge in a single day is not the objective. Steady profits over multiple trading days demonstrate real trading discipline - this is what prop firms look for in disciplined traders.

HyroTrader Payouts & Funding Model Explained (2026)

One of the biggest reasons traders choose HyroTrader is its simple and trader friendly payout structure. Once you pass the evaluation and receive a funded account, you trade using the firm’s capital while keeping a large share of the profits you generate.
HyroTrader follows a performance-based funding model, meaning traders are rewarded for consistency rather than one time wins. There are no complicated process to withdrawing profits or any hidden conditions - if you follow the rules and trade responsibly, hen the HyroTrader payouts are fast and straightforward.

How HyroTrader Payouts Work

• Traders are eligible for HyroTrader payouts after meeting the minimum profit and trading requirements on their funded account.
• The profit withdrawals are processed regularly at HyroTrader - allowing traders to access earnings without long waiting periods.
• Payouts at HyroTrader are typically made in USDT (stablecoins), ensuring fast processing and global accessibility for the traders.

HyroTrader Funding Model - Key Features

• There is no personal capital at risk during the funded phase of trading
• Clear HyroTrader profit split structure is provided that favors disciplined traders
• Fast and transparent HyroTrader payout process
• Refund of the challenge fee is available after the first successful payout
The HyroTrader Challenge is designed to identify traders who can perform consistently over time and not those relying on high risk or lucky trades. This is why the HyroTrader payout structure strongly favors traders who manage risk properly and trade with discipline.

Pros & Cons of the HyroTrader Challenge

HyroTrader is one of the leading crypto prop firms that traders use to scale their crypto trading careers. But like any prop firm, it comes with both advantages and limitations depending on a trader’s strategy, risk tolerance and experience level. Below is a balanced overview of the key pros and cons of the HyroTrader Challenge models.

Pros

• It is a crypto only prop firm focused entirely on digital assets
• Trades executed on the Bybit platform, familiar to most crypto traders
• Flexible evaluation options from 1-Step and 2-Step challenge
• There is no time limit to complete the challenge
• Payouts available in USDT with fast processing
• Refundable challenge fee after the first payout

Cons

• Strict risk management rules may not suit aggressive traders
• Stop-loss usage is mandatory on all trades (this is a useful strategy but for some traders it might be a disadvantage)
• Daily loss limits can restrict high-frequency or scalping strategies
• For the traders who prefer forex or indices, this might not be suitable for them

Important Note

Like most prop firms, HyroTrader provides simulated funded accounts, meaning traders do not access live firm capital directly. However, profits earned are paid out in real value, which is standard across the prop trading industry.
Overall, HyroTrader demonstrates transparency, consistency, and industry credibility - all key indicators of a legitimate crypto prop firm in 2026.

Final Verdict: Is the HyroTrader Challenge Worth It in 2026?

In this HyroTrader Challenge review 2026, we conclude that this crypto prop firm offers a solid opportunity for disciplined crypto traders who want access to larger trading capital without risking their own money. With flexible challenge models, a clear rule set, and reliable USDT payouts - HyroTrader stands out as a strong option in the crypto prop firm space.

This crypto prop firm is best suited for traders who:
• Follow strict risk management
• Prefer structured evaluation systems
• Aim to grow consistently rather than chase fast profits

By successfully meeting the HyroTrader evaluation criteria, traders can scale their trading career in a controlled and professional environment. While it may not suit aggressive or rule-breaking strategies, it rewards patience, discipline, and long-term thinking.

If you’re looking for a transparent crypto prop firm in 2026, the HyroTrader Challenge is worth serious consideration.

Start Your HyroTrader Challenge Through The Trusted Prop

Explore challenge options, rules, and verified payout details before choosing your account size. Exclusive discounts may be available via The Trusted Prop.