Hyro Trader

Company Overview

Hyro Trader is a cryptocurrency proprietary trading firm founded in 2022, with a registered office at Plynární 1617/10, Prague, Czech Republic. The firm specializes in direct-exchange crypto prop trading, giving evaluated traders access to funded capital on their own Bybit exchange sub-account rather than an internal broker platform.

Evaluation Process & Trading Rules

Hyro Trader offers a One-Step Challenge and a Two-Step Challenge. On the Two-Step path, Phase 1 requires a 10% profit target and Phase 2 requires 5%, both preceded by a minimum of 5 trading days. The One-Step Challenge carries tighter risk limits (4% daily drawdown, 6% max loss) than the Two-Step Challenge (5% daily drawdown, 10% max loss). Daily drawdown is trailing by default, and traders can pay for a "Swing" upgrade that switches the daily limit to a static, fixed calculation. A 40% consistency rule applies during the evaluation phase only (no single day may account for more than 40% of total evaluation profit); it does not apply once an account is funded.

Funding & Profit Split

Funded accounts are offered in sizes of $5,000, $10,000, $25,000, $50,000, $100,000, and $200,000, denominated and traded in USDT across 700+ pairs. Traders start on an 80% profit split and can scale up to 90%. A scaling plan reviews accounts every four months for a 25% balance increase, requiring at least 20% total profit over the period, an account balance in profit at review time, and at least two of the four months ending positive; the stated maximum reachable account size is $1,000,000.

Payout Process

Traders can request their first payout one day after their first funded trade, subject to a minimum profit of $100. Payouts are processed within 12 hours and are paid out in USDT or USDC stablecoins.

Platform & Execution

Hyro Trader does not use a proprietary broker platform; instead, funded traders connect directly to their own Bybit exchange account via API, with the option to trade through the Tealstreet terminal (using Bybit order book data) or the CLEO terminal (using Binance market data).