Side-by-side comparison
HyroTrader vs Topstep
Rules, drawdown model, fees, and trading conditions compared side by side. Data verified from official sources.
HyroTrader vs Topstep: 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. | EOD trailing EOD trailing max loss: the limit trails up on the end-of-day closing balance, not on intraday unrealised peaks. CME futures accounts. |
| 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 Allowed in all phases; only bars entering a full max-size position into scheduled major news. |
| Weekend holding | Yes Allowed (crypto trades 24/7); drawdown is monitored continuously, so use stop-losses. | No Futures day-trading only — positions auto-flatten daily (~3:10 PM CT); no overnight or weekend holds. |
| 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 Automation permitted via the TopstepX/ProjectX API; no firm-published statement that the API is the ONLY route. Bans VPS/VPN/remote servers outright (all activity must originate from the trader's own device), plus HFT and SIM-fill-exploit algos. |
| Daily loss limit | 5% | - |
| Overall loss limit | 10% | - |
| Profit split | 70%–90% Starts at 70%, scales to 90% over 16 months automatically. | up to 90% Futures-only. No crypto instruments available. |
| Fee refund | Yes Full challenge fee refunded on first funded payout. | No Subscription-based pricing, not one-time fee. |
| Platforms | CLEO (Bybit + Binance) | NinjaTrader, TradingView, Quantower |
| Assets | Crypto | Futures, Indices |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $50K, $100K, $150K |
| Payout methods | Crypto, Credit card | - |
Last verified: 2026-09-09 (HyroTrader), 2026-09-09 (Topstep). Always verify current terms on each firm's official site before purchasing.
Also consider·VelotradeMulti-asset prop trading,
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