Funded With Perps vs HyroTrader
A crypto prop firm whose challenges run on simulated exchange demo accounts (Bybit, BloFin) or its own platform, on real exchange market data. Here is how the rules line up, including where they beat us.
Most comparisons in this category are written to make one firm look good. This one lists where HyroTrader beats us, because you will find that out anyway and it is better that you find it here. Prop firms change their rules often, so check their site before you buy. Where we could not verify a figure, the table says so instead of guessing.
Rules side by side
| Rule | Funded With Perps | HyroTrader |
|---|---|---|
| Max loss floorStatic is fixed on day one. Trailing rises with your equity, so profit moves the line you can fail at. | Static, never trails | Fixed; they state they do not sell trailing products Source |
| Max lossTotal distance from the starting balance to failure. | 6% | 6% (One-Step), 10% (Two-Step), 5% (Zero-Step) Source |
| Daily loss limitThe rule that ends the most challenges. | 3%, from start-of-day equity, resets at midnight New York time | 4% (One-Step), 5% (Two-Step), 3% (Zero-Step); from start-of-day equity, resets at 00:00 UTC Source |
| Profit targetWhat you need to make to pass. | 10% | 10% (One-Step), 10% then 5% (Two-Step), 10% (Zero-Step) Source |
| PhasesHow many stages before you are funded. | One step | Zero-Step, One-Step and Two-Step Source |
| Consistency ruleCaps how much of the target one day can count for. | One day counts for up to 50% of the target on the challenge; none once funded | No single day may count for more than 40% of the target (One-Step, Two-Step); none on funded accounts Source |
| Minimum trading daysHow soon you can pass. | None | 5 (One-Step), 5 per phase (Two-Step), 1 (Zero-Step), with a minimum size for a day to count Source |
| Time limitHow long you have. | None | Unlimited; an account closes after 30 days without trading Source |
| Crypto leverageMaximum leverage on the main crypto markets. | 10x on BTC and ETH, 5x on other crypto | 50x to 100x on most Bybit pairs, up to 150x on BTC and ETH on BloFin Source |
| Profit splitYour share of funded profits. | 80%, 90% with the upgrade | 80%, up to 90% at their discretion (Zero-Step fixed at 80%) Source |
| PayoutsHow often you can request, and the minimum. | Once eligible, from $125 | Processed within 24 hours; each request capped at 5% of the initial balance Source |
| Paid inHow the money reaches you. | USDC or bank | USDT or USDC Source |
| CommissionCharged on each fill. | 0.03% per fill | See their site |
| Holding costWhat it costs to keep a position open. | Flat swap fee, 0.03% a day charged hourly; no exchange funding | See their site |
| MarketsWhat you can trade. | 37 perps: crypto, stocks, metals, energy and indices | 700+ crypto pairs Source |
| PlatformWhere you trade. | Vera Charts perps terminal; accounts are simulated | Bybit or BloFin demo accounts, or the Hyro platform; accounts are simulated Source |
| $100,000 priceOne time fee for the size shown. | $110 with the current code (list $184) | See their site |
Where HyroTrader beats us
- Their One-Step and Two-Step fees are a refundable deposit. Ours is a one time fee.
- More room on the daily limit: 4% on One-Step and 5% on Two-Step, against our 3%.
- Far more crypto markets (700+ pairs against our 37 perps) and much higher leverage during the challenge.
- You can trade on an exchange's own demo account (Bybit or BloFin) if you prefer that interface, and they publish a 24 hour payout processing time.
Where we think we are stronger
- No minimum trading days. Their One-Step needs 5 trading days, and a day only counts above a minimum trade size.
- Our consistency cap lets one day count for up to 50% of the target, against their 40%, so a strong day carries more of the challenge.
- We also pay by bank. They pay in USDT or USDC.
- We also list stocks, metals, energy and index perps alongside crypto.
Other HyroTrader rules worth knowing
- Fees start at $69 (One-Step), $59 (Two-Step) and $89 (Zero-Step). One-Step and Two-Step fees are a refundable deposit; Zero-Step is non-refundable. Source
- Funded accounts may use at most 25% of the initial balance as margin, and open positions may total at most 2x the initial balance. Source
- Payouts start at $100 of profit after the split. Source
What actually decides it
Price and profit split are the two things least likely to decide whether you get paid. Start with the rules that end accounts: is the max loss static or trailing, how is the daily limit measured and when does it reset, and how much can one day count toward the target. Then look at what it costs to hold a position. Perps firms either pass exchange funding through or charge a flat swap, and over a few days of holding that difference is real.
We wrote up the full checklist in how to compare crypto perps prop firms, and every one of our own rules is on the rules page.
The honest summary
We sell one plan: a 10% target, a static 6% max loss, no minimum days and clear payout rules, published in plain numbers before you buy. If HyroTrader fits how you trade better, use them. If you want one set of rules that does not move once you have paid, that is what we built.
Common questions
Is Funded With Perps better than HyroTrader?
Neither is better in the abstract; it depends on what ends your accounts. Funded With Perps uses one plan with a static max loss that never trails and no minimum trading days. On the other side, their One-Step and Two-Step fees are a refundable deposit. Ours is a one time fee. Pick the rule shape that suits how you trade, not the headline price.
How do the drawdown rules compare?
Funded With Perps: a 6% max loss that is static and never trails, and a 3% daily loss limit measured from start-of-day equity, reset at midnight New York time. HyroTrader: 6% (One-Step), 10% (Two-Step), 5% (Zero-Step) max loss (fixed; they state they do not sell trailing products), daily loss 4% (One-Step), 5% (Two-Step), 3% (Zero-Step); from start-of-day equity, resets at 00:00 UTC. Figures for HyroTrader were read from their own site on October 4, 2026.
Does Funded With Perps charge funding rates?
No. You pay a 0.03% commission per fill and a flat swap fee of 0.03% a day, charged hourly, while a position is open. Exchange funding rates never touch your balance.
Is this real money trading?
No. Funded With Perps challenge and funded accounts are simulated: prices come from live perp markets, but no order is sent to an exchange and no customer money is traded. The challenge fee is not a deposit. Approved payouts are real money.
See the full rules.
Every rule, fee and live price for every size, on one page.
HyroTrader is a trademark of its respective owner and is not affiliated with, and does not endorse, Funded With Perps. All HyroTrader figures are quoted from their public pages on the date shown and may have changed since. All Funded With Perps accounts are simulated. Nothing here is financial advice.