Side-by-side comparison
HyroTrader vs FundedNext
Rules, drawdown model, fees, and trading conditions compared side by side. Data verified from official sources.
HyroTrader vs FundedNext: Full Comparison
| Rule |  |  |
|---|---|---|
| Drawdown | Tick-by-tick 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 model: the flagship Stellar 2-Step uses a 10% static (balance-based) max loss; other models (Express, Futures) differ. Limits shown are Stellar 2-Step. |
| Consistency rule | Yes Profit Distribution Rule: no single day may contribute more than 40% of total NET result (including losing days). Evaluation phases only, not funded accounts. | Varies |
| News trading | Varies Allowed, but strategies that trade only major news events are banned. | Yes Unrestricted in the challenge; funded accounts keep only 40% of profit made within 5 min of high-impact news. |
| Weekend holding | Yes Allowed (crypto trades 24/7); drawdown is monitored continuously, so use stop-losses. | Varies Allowed on most FX/CFD accounts; not on FundedNext Futures. |
| EAs / bots | Verify UNRESOLVED 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 CONTRADICTION: two live articles for the same product disagree. Article 8021061 (Sep 2026) allows EAs on MT4/MT5 below $50K, with a paid non-refundable add-on; article 12673301 (Mar 2026), titled as the rules for the same Stellar 1-Step challenge, says EAs are NOT allowed. The reconciling detail appears to be Match-Trader / USA-relaunch accounts, but neither title says so. Also: >=$50K must trade manually, each EA capped at $300K allocation, identical cross-account strategies banned, and a named blacklist of challenge-passing EAs. |
| Daily loss limit | 5% | 5% |
| Overall loss limit | 10% | 10% |
| Profit split | 70%–90% Starts at 70%, scales to 90% over 16 months automatically. | up to 95% Headline 95% figure. Actual split structure varies by model - verify. |
| Fee refund | Yes Full challenge fee refunded on first funded payout. | Yes Stellar 2-Step: 120% fee refund on first payout, plus 15% profit share earned during the challenge. |
| Platforms | CLEO (Bybit + Binance) | MT4, MT5, cTrader, Match-Trader |
| Assets | Crypto | Crypto, FX, Indices, Metals, Stocks |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $5K, $10K, $25K, $50K, $100K, $200K |
| Payout methods | Crypto, Credit card | - |
Last verified: 2026-09-09 (HyroTrader), 2026-09-09 (FundedNext). Always verify current terms on each firm's official site before purchasing.
Also consider·VelotradeMulti-asset prop trading,
one account for all markets.
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