Side-by-side comparison
HyroTrader vs BrightFunded
Rules, drawdown model, fees, and trading conditions compared side by side. Data verified from official sources.
HyroTrader vs BrightFunded: Full Comparison
| Rule | | |
|---|---|---|
| Drawdown | Varies Max loss is static from the initial balance (2-Step equity must stay above 90%). Full detailMax loss is static from the initial balance (2-Step equity must stay above 90%). The DAILY limit is tick-by-tick trailing by default, off the day's highest equity including unrealised P&L; a paid 'Swing' upgrade converts it to static from the day's starting equity. CONFLICT: the rules page says 4% daily for both phases, the FAQ says 5% on the Two-Step and 4% on the One-Step. Neither page is dated, so recency cannot settle it. The rules page also does not disclose that the default is trailing. | Varies Varies by plan after the 2.0 relaunch: the 1-Step uses a trailing max drawdown that locks once equity is 6% above the initial balance; the 2-Step… Full detailVaries by plan after the 2.0 relaunch: the 1-Step uses a trailing max drawdown that locks once equity is 6% above the initial balance; the 2-Step (Bright/Classic) uses a static max loss fixed from the starting balance. |
| Consistency rule | Yes Profit Distribution Rule: no single day may contribute more than 40% of total NET result (including losing days). Full detailProfit Distribution Rule: no single day may contribute more than 40% of total NET result (including losing days). Evaluation phases only, not funded accounts. | None |
| Risk per trade cap | Capped Max 3% realised loss per position (stop-loss not mandatory); funded accounts also cap exposure at 2x initial balance. | No cap No max risk-per-trade rule and no max-lot cap; sizing is constrained only by the 5% daily / 10% max drawdown. |
| News trading | Varies Allowed, but strategies that trade only major news events are banned. | Varies Unrestricted in the challenge; funded accounts ban trading 5 min before/after high-impact news. |
| Weekend holding | Yes Allowed (crypto trades 24/7); drawdown is monitored continuously, so use stop-losses. | Yes Allowed on all accounts; weekend gap losses still count toward drawdown. |
| EAs / bots | Verify Marketing pages claim bots are allowed; not a rules surface. Full detailUNRESOLVED from the firm's own documents: T&C 10.2(e) bans bots/EAs/copy trading 'except where expressly permitted in the Trading Rules', and the Trading Rules never mention bots. The permission the T&C points to does not exist. Marketing pages claim bots are allowed; not a rules surface. Stop-loss is NOT mandatory (the 5-minute rule was removed); a 3% max realised loss per trade replaced it. | Varies Bans HFT, latency arbitrage, tick scalping, grid, gap/news bots and cross-account copy/hedging. Full detailBans HFT, latency arbitrage, tick scalping, grid, gap/news bots and cross-account copy/hedging. NO minimum hold time (firm states so explicitly); the 60s figure is the threshold for a day to count as a trading day. |
| Daily loss limit | 5% | 5% |
| Overall loss limit | 10% | 10% |
| Profit split | 80%–90% Starts at 80% and rises 5 points every four months of consistent performance, to 90%. Full detailStarts at 80% and rises 5 points every four months of consistent performance, to 90%. Scaling plan: +25% every 4 months up to 1M USDT (20% profit, 2 payouts per period). | 80% base, 90% add-on Base is 80%. Upgrading to 90% split costs +20% on the challenge fee at checkout. |
| Fee refund | Yes Full challenge fee refunded on first funded payout. | Varies Not included by default: a 100% fee refund on first payout is a paid checkout add-on. Full detailNot included by default: a 100% fee refund on first payout is a paid checkout add-on. The standard policy refunds only untraded challenges bought within the last 30 days (help centre, Sep 2026). |
| Platforms | CLEO (Bybit + Binance) | MT5, cTrader, DXtrade |
| Assets | Crypto | Crypto, FX, Indices, Commodities |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $5K, $10K, $25K, $50K, $100K, $200K, $400K |
| Payout methods | Crypto, Credit card | - |
Last verified: 2026-09-29 (HyroTrader), 2026-09-28 (BrightFunded). Always verify current terms on each firm's official site before purchasing.
Also consider·VelotradeMulti-asset prop trading,
one account for all markets.
Multi-asset · Hong Kong · Est. 2016
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