Hyrotrader Review 2026
Learn more about TU’s methodology
- $89
- Bybit’s web platform and mobile apps
- No hedging or Martingale strategies allowed
- Up to 1:100
Our Evaluation of Hyrotrader
Learn more about TU’s methodology
Hyrotrader is a moderate-risk prop trading firm with the TU Overall Score of 5.11 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Hyrotrader clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this firm as not all clients are satisfied with the company, according to reviews.
Hyrotrader uses a two-step evaluation process to assess traders' professional skills, requiring adherence to certain rules during trading. Funding is provided solely for further cryptocurrency trading.
How we tested Hyrotrader
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Hyrotrader
Hyrotrader, a cryptocurrency trading platform launched in 2020, pivoted its business model in 2023 to focus on prop trading services. The company partnered with Bybit, a major cryptocurrency exchange, enabling clients to trade on Bybit using the funding provided. Standard accounts offer trading capital ranging from $5,000 to $100,000, with a scaling plan designed to increase investment capital to $1,000,000. Hyrotrader is registered in Bratislava and operates in compliance with Slovak and European Union laws.
- Trading partnership with a major exchange with high liquidity;
- Unlimited attempts to pass the professionalism evaluation.
- Access to a wide range of trading instruments, including spot and derivatives;
- Ability to trade with leverage up to 1:100;
- There are no limits on the number of open positions at the same time;
- Five account types with one-time fees from $89 to $599 and payouts up to 90% of profits;
- 24/7 support through chat, WhatsApp, and Telegram.
- Hedging positions and high-risk trading strategies are prohibited;
- Initial funding provided to a trader is no more than $5,000;
- Access to a demo account requires a minimum payment of $89. There is no free trial version of the service.
TU Expert Verdict
Chief Analytics Officer
Hyrotrader is a proprietary trading firm that uses a two-step evaluation process, providing active traders with the opportunity to trade cryptocurrencies spot, futures, and options through Bybit’s web platform and mobile apps. Standard accounts range from $5,000 to $100,000 in funding with a scaling plan up to $1,000,000. Leverage is available up to 1:100, and successful traders may retain up to 90% of profits. There is no restriction on the number of open positions, and the evaluation challenge allows unlimited attempts. Five account types exist, with entry costs from $89 to $599, and the minimum deposit is $89.
Drawbacks include the prohibition of hedging and high-risk strategies such as Martingale, a lack of free trial for the evaluation, and the requirement that demo access is only granted upon payment. Additionally, initial funding starts at $5,000, and profit withdrawals are only available in cryptocurrencies. Hyrotrader may not be suitable for those who prefer cost-free trial access, broader asset classes beyond crypto, or more flexible trading rules.
Hyrotrader Summary
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | Bybit’s web platform and mobile apps |
|---|---|
| 📊 Accounts: | Starter, Standard, Professional, Ultimate, The Trader |
| 💰 Account currency: | USD |
| 💵 Deposit / Withdrawal: | Credit cards, cryptocurrencies (BTC, ETH, LTC, DOGE, USDC, and others) |
| 🚀 Minimum deposit: | $89 |
| ⚖️ Leverage: | Up to 1:100 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | $1 |
| 💱 EUR/USD spread: | Exchange spread |
| 🔧 Instruments: | Cryptocurrency spot, perpetual contracts, futures, options |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | Bybit |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market, Limit, Stop Loss, Take Profit, OCO, Trailing Stop, Iceberg, TWAP |
| ⭐ Trading features: | No hedging or Martingale strategies allowed |
| 🎁 Contests and bonuses: | Yes |
Hyrotrader clients can trade all instruments available on the Bybit exchange, including spot cryptocurrencies, futures, and options. Bybit’s API can be used for live accounts but not during the evaluation stage. Positions can be held overnight and on weekends. No single trade should account for more than 40% of the total profit. Traders must follow risk management rules: losses on a position cannot exceed 3% of the total capital, and a stop-loss must be set for each trade.
Hyrotrader Key Parameters Evaluation
Challenge rules and pricing
Hyrotrader provides access to funding up to $100 000, with challenges requiring at minimum of 10 trading days. The entry-level plan starts at $89, and the fee is refundable if the challenge is successfully completed.
- Instant funding available
- Free demo account available
- Minimum trading period required
- Limited funding — up to $100 000
Hyrotrader Challenge fees and plans
We compared Hyrotrader’s challenge plans by key parameters including pricing, profit targets, loss limits, and managed capital.
Available Trading Plans
| Trading Plans | 1 - Profit target, $ | 2 - Profit target, $ | 3 - Profit target, $ | Daily loss,% | Managed amount, USD | Max. loss, % | Price, USD or EUR |
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| Standard |
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| Professional |
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| Ultimate |
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| The Trader |
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What’s the minimum trading period for Hyrotrader’s challenge?
A minimum of 10 trading days is required, regardless of how quickly you reach the profit target.
Does Hyrotrader offer a free evaluation?
No, Hyrotrader does not offer a free evaluation option. If you’re looking for firms that do provide this feature, you may consider exploring other companies that support free challenge models, such as: Plutus Trade Base, City Traders Imperium, FTUK.
Is instant funding available at Hyrotrader?
Yes, Hyrotrader offers instant funding. Details may vary by plan, so we recommend checking the latest terms on the company’s official website.
Trading rules
Hyrotrader outlines the main rules for funded accounts, including a max. loss of 10% and a daily loss limit of 5%. The firm also restricts certain trading strategies, which are detailed below.
- Flexible leverage up to 1:100
- Trading bots (EAs) allowed
- Flexible max loss limit
- News trading not allowed
- Copy trading not allowed
Hyrotrader trading conditions
We compared Hyrotrader’s leverage and trading conditions with competitors to help you better understand how it measures up.
| Hyrotrader | Funded Next | Plutus Trade Base | |
| Max. loss, % | 10 | 6 | 5 |
| Max. leverage | 1:100 | 1:100 | 1:100 |
| Weekend close rule | No | No | No |
| Mandatory Stop Loss | Yes | No | No |
| Trading bots (EAs) | Yes | Yes | No |
| News trading | No | Yes | Yes |
| Scalping | Yes | Yes | Yes |
| Copy trading | No | Yes | Yes |
Deposit and Withdrawal
Hyrotrader earned a Medium score based on how smoothly and conveniently traders can deposit and withdraw funds.
The deposit and withdrawal options at Hyrotrader meet most standard requirements and are in line with what many prop firms provide.
- On-demand withdrawals
- Bank сard deposits and withdrawals
- Bitcoin (BTC) supported
- Limited deposit and withdrawal options
- Wise not supported
Deposit and withdrawal options
To help you evaluate how Hyrotrader performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.
Hyrotrader Payment options vs Competitors
| Hyrotrader | FundedNext | Plutus Trade Base | |
| Bank Card | Yes | Yes | Yes |
| Bank Wire | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | Yes |
| Payoneer | No | No | No |
| Skrill | No | No | No |
| Neteller | No | No | No |
Profit withdrawal frequency
We compared Hyrotrader with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.
| Hyrotrader | FundedNext | Plutus Trade Base | |
| On demand | Yes | No | Yes |
| Weekly | No | No | Yes |
| Biweekly | No | Yes | No |
| Monthly | No | No | No |
What base account currencies are available?
Hyrotrader offers the following base account currencies:
Trading Account Opening
To access your user account on the Hyrotrader website, follow the registration instructions below:
In the menu listing the available account types, select the appropriate option. Click on "Get Started."
Fill out the registration form and make the payment using cryptocurrency or a credit card.
After making the payment, go to the main page of the website and select the login option. Enter the email and password sent by the company to your email.
Is Hyrotrader Safe?
Hyrotrader is a brand of Hyro Finance, j. s. a., a company registered in Slovakia. It is listed in the Commercial Register of the Municipal Court in Bratislava under number C 255/B. The identification number for Hyrotrader is 55072275.
Advantages
- The company is registered within the European Union, not in an offshore zone.
- The company operates under the regulations of the Capital Market Undertakings Act No. 256/2004 Coll.
- Hyrotrader accepts traders globally.
Disadvantages
- Hyrotrader is not directly involved in cryptocurrency trading.
- Hyrotrader is not responsible for the precise and accurate execution of trades on the Bybit exchange.
- Hyrotrader's activities are not regulated in any specific country.
Markets and Tradable Assets
Hyrotrader has a score of 5.5/10, indicating an Average offering of markets and tradable assets.
- Options trading available
- Futures available
- Crypto trading available
- No Forex trading
- Stock trading not allowed
Tradable markets
We compared the range of tradable instruments offered by Hyrotrader with two leading competitors to highlight the differences in market access.
| Hyrotrader | FundedNext | Plutus Trade Base | |
| Futures | Yes | Yes | No |
| CFDs | No | Yes | Yes |
| Forex | No | Yes | Yes |
| Options | Yes | No | No |
| Stocks | No | No | Yes |
| Crypto | Yes | Yes | Yes |
| Indices | No | Yes | Yes |
Investment Options
Hyrotrader does not focus on working with investors. The company seeks active traders who will use its funds to trade in cryptocurrency markets.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership Program of Hyrotrader:
The company offers a multi-level partnership program available to all registered traders. The referrer earns a reward when new clients they invite pay for a tariff plan. The partnership program conditions are as follows:
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Bronze (up to 50 buys): the main partner receives 10%, sub-partners receive 20% (level 1) and 10% (level 2);
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Silver (50 to 100 buys): the base fee is 12%, the reward for first-level sub-partners is 25%, and second-level sub-partners get 15%l;
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Gold (more than 200 buys): the referrer earns 15%, and sub-partners receive 30% (level 1) and 20% (level 2).
Funds can be requested as soon as they are credited. The company processes withdrawal requests within 48 hours.
Customer Support
Hyrotrader offers 24/7 support. The company communicates with current and potential clients in English.
Advantages
- Access to chat 24/7
- Wide range of communication channels
Disadvantages
- During peak times, responses to inquiries may be delayed via email
- No option to request a callback
Support is available to traders through:
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Online chat on the website;
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WhatsApp;
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Telegram;
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Phone;
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Email.
Traders can contact the company using the phone number +44 20 4538 9891.
Contacts
| Registration address | Hyro Finance, j. s. a., Kopčianska 10 851 01 Bratislava – mestská časť Petržalka |
|---|---|
| Official site | https://www.hyrotrader.com/ |
| Contacts |
+44 20 4538 9891.
WhatsApp +44 7707 963142 |
Education
Although Hyrotrader is a prop trading firm focused on finding experienced traders with successful strategies, it does offer both basic and advanced training. This training is not available on the company's website but is provided through Discord.
On the Discord platform, you can interact with other Hyrotrader clients, discussing markets, sharing experiences, and exchanging practical advice and recommendations.
Detailed Hyrotrader review
Hyrotrader has significantly simplified trading conditions for those seeking funding. The maximum amount a trader can receive, according to the evaluation rules, is $100,000. However, Hyrotrader also offers a scaling plan that allows successful clients to increase their deposit by 25% every four months, up to $1 million.
Hyrotrader by the numbers:
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Over 4 years of experience in the cryptocurrency market;
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More than 10,000 traders from different countries using demo accounts;
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Support for trading over 100 cryptocurrencies;
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Capital provided to over 50 traders.
Hyrotrader conducts a two-step process to evaluate traders' skills.
To secure funding for live trading, traders must complete two stages in a simulated environment. After purchasing a plan, they gain access to a demo account and begin the HyroTrade Challenge. The objective is to achieve a 10% profit over 10 trading days while limiting daily losses to a maximum of 5%. Additionally, the account balance must not fall below 90% of the initial capital. Upon successful completion of the HyroTrade Challenge, traders advance to the second stage, HyroTrade Verification. The requirements remain similar, with a target profit of 10% and a maximum daily loss of 5% over 5 trading days. After clearing this stage, traders receive an initial deposit of $5,000. Once they successfully withdraw profits three times, they are granted the full funded amount.
Hyrotrader analytical services:
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Blog. It features content useful for both novice and experienced traders, including market reviews, tips, and interviews with successful crypto traders and investors;
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HYRO Utility Tokens. Traders can earn passive income through staking on the partner exchange Bybit and reduce spot trading fees;
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Social Media Communities. Active on Discord, Facebook, Instagram, X, and Telegram, these profiles provide up-to-date information on services and support;
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Website Online Chat. Available 24/7 for quick technical and informational assistance from Hyrotrader representatives.
Advantages:
Traders can work with both market and limit orders, but must always set a stop-loss;
The company offers a rewarding partnership program with fees for every new active user’s buy;
A wide range of trading tools is available, including not only cryptocurrency trading on the spot market but also derivative transactions;
Automatic and free progression to the second stage of evaluation after completing the first phase;
The overall profit target is set at 15%, with reasonable limits for daily losses and maximum drawdowns;
Hyrotrader provides experienced traders with capital to trade cryptocurrencies professionally on Bybit, a well-regarded exchange known for its reliability.
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