Crypto Prop Firms Compared: Breakout vs HyroTrader vs Crypto Fund Trader
Breakout, HyroTrader and Crypto Fund Trader differ on leverage, loss limits, coin lists and fees. We set their rules side by side, including who owns Breakout.
A crypto prop firm gives you a simulated account priced from a real exchange’s order book, usually Bybit, and pays you a share of the profit once you pass its evaluation. The three best known crypto specialists, Breakout, HyroTrader and Crypto Fund Trader, differ more than their marketing suggests: on the loss limits, on leverage, on how many coins you can trade, and on whether the fee comes back to you. We read each firm’s own website in November 2026 and set the rules side by side.
The three crypto specialists compared
| Breakout | HyroTrader | Crypto Fund Trader | |
|---|---|---|---|
| Evaluations | 1 phase or 2 phase | Hyro Core, One-Step, Two-Step, Hyro Instant | 1 phase, 2 phase, Instant, Break |
| Account sizes | $5,000 to $100,000 | Up to $200,000 | $2,500 to $200,000 |
| Cheapest entry | Not shown on the home page | $9 (Hyro Core) | $40 ($5,000 Accelerated) |
| Profit target | 2 phase: 5% in step 1, 10% in step 2 (from the home page table) | 10% (One-Step); 10% then 5% (Two-Step) | 10% (1 phase); 8% then 5% (2 phase) |
| Daily loss limit | 5% | 3% to 5% by plan | 4% (1 phase), 5% (2 phase) |
| Maximum loss | 8% | 5% to 10% by plan | 6% trailing (1 phase), 10% (2 phase) |
| Profit split | Up to 90% | 80%, rising to 90% | 80% on the live stage; 50% to 90% on the scaling plan |
| Leverage | Up to 5:1 | Up to 150x on BTC and ETH via Bybit or BloFin, lower on most coins | Up to 1:100 |
| Markets | 70+ crypto assets | 700+ USDT perpetuals | 715+ crypto pairs, plus forex, indices, stocks and commodities |
| Where you trade | Breakout’s own platform, priced from Bybit perpetual futures | Your own Bybit or BloFin demo account, or Hyro’s platform | MetaTrader 5, Match-Trader or Bybit |
| Payouts | Not shown on the home page | Usually within 24 hours, in USDT or USDC, $25 minimum | On demand on Break accounts |
Sources: breakoutprop.com, hyrotrader.com and cryptofundtrader.com, read in November 2026. Kraken’s ownership of Breakout is from Kraken’s own FAQ. Prices and rules change often, so check the firm’s checkout page before you pay.
Breakout vs HyroTrader
These two come up together in most searches, and they suit different traders.
Breakout is the lower leverage, fewer coins option. Leverage is capped at 5:1 and the list runs to about 70 assets, so it rewards traders who size carefully on the major coins. The 8% maximum loss and 5% daily limit are roomier than HyroTrader’s cheaper plans. Breakout is owned by Kraken, which gives it a large, regulated parent. It also means that the Kraken Learn pages that rank for crypto prop firm searches are written by Breakout’s owner, which is worth knowing when you read them.
HyroTrader is the exchange-native option. You connect your own Bybit or BloFin demo account, so you trade on the exchange interface you may already use, with access to hundreds of perpetuals and leverage of up to 150x on BTC and ETH. That leverage is a trap for most traders under a 3% to 5% daily limit: a 2% move against a 10x position wipes out 20% of the margin behind it. HyroTrader’s One-Step and Two-Step plans take a refundable deposit rather than a fee, which lowers the real cost if you pass, and it says payouts usually arrive within 24 hours.
Pick Breakout if you trade a few large coins with modest size and want generous loss limits. Pick HyroTrader if you want the full Bybit market list and fast stablecoin payouts, and you have the discipline to ignore most of the leverage on offer.
Where Crypto Fund Trader fits
Crypto Fund Trader is the broadest of the three. It offers the most account sizes and evaluation types, and it is the only one of the three that also lists forex, indices, stocks and commodities, on MetaTrader 5 and Match-Trader as well as Bybit. Its Break evaluation lets you pay most of the fee only when you pass, and Break accounts can request payouts on demand. The trade-off is a trailing 6% maximum loss on the 1 phase evaluation, which follows your highest balance up, and a 40% consistency rule on Break live accounts.
Other crypto prop firms we cover
Several firms run a separate crypto offer alongside their main business. For Traders Crypto, Leveraged Crypto, WeCrypto and E8 Perpetuals each have a full profile. Our ranked list of the best prop firms for crypto scores all of them on the same method we use for forex and futures firms.
Crypto is also reaching futures prop firms. CME moved its crypto futures and options to round the clock trading on 29 May 2026, according to CME’s client notice, so a futures prop account can now carry Bitcoin exposure into a weekend at firms that allow it. Check the weekend and daily reset rules first: weekend and overnight holding rules explains what to look for.
How crypto prop rules differ from forex
- The market never closes. Daily loss limits reset at a fixed time the firm chooses rather than at a market close. Know your firm’s reset time, because a trade that loses across it can count against two days.
- Prices come from one exchange. A spike on Bybit counts even if other exchanges did not see it. That matters most on small coins, which is why HyroTrader caps low market cap altcoins at under 5% of the starting balance.
- Funding rates apply. Perpetual futures charge or pay a funding rate every few hours. Over a week it can move a position that is flat on price, so holding a large position for days costs more than the price chart shows.
- Leverage is much higher. Forex prop firms commonly offer 1:30 to 1:100. Crypto firms range from 5:1 at Breakout to 150x at HyroTrader. The loss limits stay the same, so the higher the leverage, the faster a normal move breaches them.
- Payouts are often in stablecoins. USDT and USDC payouts are quick, but you may pay a fee to turn them into your own currency, and they still count as income for tax. Our guide to prop firm income and tax covers the basics.
Checklist before you buy a crypto challenge
- Which exchange prices the account, and can you trade the coins you actually follow?
- Is the maximum loss static or trailing, and when does the daily limit reset?
- What leverage will you really use, and what does a normal day’s move do to the account at that size?
- Is the entry price a fee or a refundable deposit, and is it refunded with your first payout?
- How are payouts made, how fast, and is there a minimum?
- Does the firm accept traders from your country? Our country lookup shows restrictions for the firms we cover.
If you are new to evaluations in general, how a prop firm challenge works covers the basics, and simulated vs live capital explains why every account on this page is a demo account priced from live data.
Frequently Asked Questions
What is the best crypto prop firm?
It depends on how you trade. Breakout suits traders who stick to the major coins with modest size, with up to 5:1 leverage, an 8% maximum loss and a 5% daily limit. HyroTrader suits traders who want hundreds of Bybit perpetuals and payouts usually within 24 hours. Crypto Fund Trader offers the most account sizes and also lists forex and other markets.
Who owns Breakout prop firm?
Breakout is owned by the Kraken cryptocurrency exchange, according to Kraken's own support pages. Kraken account holders can use Breakout, but the two accounts are not linked.
Is HyroTrader a real exchange account?
No. HyroTrader connects to a Bybit or BloFin demo account, or its own platform, and its website says all trading is on simulated accounts running on real exchange market data. Payouts are real and are paid in USDT or USDC.
Can you trade crypto at a futures prop firm?
Some futures prop firms allow CME crypto futures such as Bitcoin and Ether contracts. CME moved crypto futures to round the clock trading on 29 May 2026, so check each firm's rules on weekend holding and daily resets before trading them.
Do crypto prop firms pay in crypto?
Many do. HyroTrader pays in USDT or USDC, and stablecoin payouts are common across crypto firms. Converting them to your own currency can carry a fee, and payouts are generally taxable income wherever they are paid.
