HyroTrader is a prop trading firm located in Slovakia.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from HyroTrader.
Here’s what you’re going to learn:
HyroTrader is a prop firm located in Bratislava, Slovakia.
HyroTrader is a prop firm that funds traders to trade Crypto. You can trade all crypto assets that exist on the ByBit exchange, including Spot and Futures crypto symbols.
All popular cryptocurrencies are available to trade like BTC (Bitcoin), ETH (Ethereum), SOL (Solana), ADA (Cardano), DOGE, XRP, LTC, BNB, and many others.
HyroTrader has five different account sizes that you can choose from. The balances available are $5,000, $10,000, $25,000, $50,000, and $100,000.
The costs start at $89 for the smallest account and go up to $599 for the bigger account size.
The leverage provided by HyroTrader is up to 1:100.
This is leverage at professional trader’s level and there are no imposed limits on position sizing.
HyroTrader has a profit split that goes up to 90%. This means that the trader gets 90% of the profits and the prop firm keeps 10% of the profits to them.
According to Trustpilot, HyroTrader is classified as excellent. It’s scoring 4.5/5.0 after 42 reviews.
When trading with HyroTrader propfirm you must prove your trading experience in a quick 2-step evaluation process.
This step of the challenge has a fee that is reimbursed during the first Profit Split after you become a funded trader.
Here are all the details:
This step of the challenge is similar to step one but with more relaxed rules. You can trade for a fewer number of days and the profit target you need to achieve is also smaller.
There’s no fee to pay when trading this step of the challenge.
Here are all the details:
I didn’t find any reference against the use of bots to automate your trading strategy.
You can even use ByBit pre-configured and code-free trading bots.
There’s no free trial, but you can get a 10% discount if you use the link and code below.
10% Off Discount code: QL1JUG5
There are no free repeats so you need to be careful not to break any HyroTrader rule. If you violate the rules after you’re already funded, you’ll lose your trading account, but you can still apply again and repeat the challenge if you wish.
HyroTrader gave me a special code just for my readers, and this includes you. When you use it, you get a 10% off on your purchase. Use the link below to get it, and if necessary, use the coupon code QL1JUG5 during the checkout.
HyroTrader uses the ByBit exchange to give you access to the markets.
That way, the platform used by HyroTrader is the ByBit proprietary trading platform.
It’s allowed to trade at any time of the day.
You don’t need to close any position overnight which is great, especially because crypto trading is more about swing trading and not much about day trading.
You can also hold your positions open during the weekend.
Whatever is your trading style, HyroTrader is a good propfirm for you.
Trading during news is allowed. News doesn’t affect the crypto market the same way as other markets.
So, if you like to trade news, then this may be a good prop firm for you. You just need to be careful and have good risk management. Learn how to calculate your maximum lot size wisely.
Yes, HyroTrader is a legitimate company.
Here are their contacts:
There’s also live chat support on their website.
Here is a list of the best HyroTrader alternatives:
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