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Side-by-side comparison

HyroTrader vs FundedNext

Rules, drawdown model, fees, and trading conditions compared side by side. Data verified from official sources.

HyroTrader logo
HyroTraderCrypto-only

Slovakia · est. 2023

Varies7.0/10
FundedNext logo
FundedNext

UAE · est. 2022

Varies

HyroTrader vs FundedNext: Full Comparison

Rule
HyroTrader logo
HyroTrader
FundedNext logo
FundedNext
Drawdown
Varies

Max 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 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.

Edge
Weekend holding
Yes

Allowed (crypto trades 24/7); drawdown is monitored continuously, so use stop-losses.

Edge
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
80%–90%

Starts 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).

up to 95%

Funded split is 80% by default, 90% via the scale-up plan (or the on-demand payout option on 2-Step/Lite), and 95% only with the paid Lifetime Reward add-on. The 3-day first-payout option pays 60%.

Fee refund
Yes

Full challenge fee refunded on first funded payout.

Yes

Refundable Fee equal to the purchase (or latest reset) fee: paid with the 1st payout on Stellar 2-Step, with the 3rd payout on Stellar 1-Step and Lite. Plus a 15% reward on the challenge profit target once scale-up criteria are met.

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
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Last verified: 2026-09-29 (HyroTrader), 2026-09-29 (FundedNext). Always verify current terms on each firm's official site before purchasing.

VelotradeAlso consider·Velotrade

Multi-asset prop trading, one account for all markets.

Multi-asset · Hong Kong · Est. 2025

Static drawdownNo consistency ruleNo max risk per tradeNews tradingWeekend holdingAlgo & bot trading24h USDC / USDT payoutsUp to 90% profit split
Up to 90%
profit split
24 hours
payout speed
$5K – $200K
account sizes
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