HyroTrader vs MyFundedPerps
HyroTrader and MyFundedPerps are not the same product at different prices. Below is every term each firm publishes, side by side, and the differences that decide which one suits a given trader.
The difference in two lines: HyroTrader is $11 cheaper at the entry tier ($19 against $30 with code ELITE). HyroTrader publishes the wider maximum drawdown at $25k (10% total (2-Step) / 6% (1-Step) / 5% (Zero-Step) against 6% on Signature). Open HyroTrader
| Term | HyroTrader | MyFundedPerps |
|---|---|---|
| Cheapest evaluation | $19 | $30 code ELITE |
| Size at that price | $5,000 | $10,000 |
| 25k fee | $249 | $75 code ELITE |
| Profit split | 80% to 90% | 80% (90% with paid upgrade) |
| Drawdown (25k) | 10% total (2-Step) / 6% (1-Step) / 5% (Zero-Step) | 3% static max, 3% daily, Select |
| Profit target (25k) | 10% then 5% (2-Step) / 10% (1-Step and Zero-Step) | 9% (Select) / 12% (Prime) / 10% (Signature) / 10% (Elite) |
| KYC | Before activation | Before activation |
| Payout rail | USDT / USDC | Rise (cash) / Store credit |
| Payout speed | Within 24 hours | On request once funded: Select, Prime and Signature one request per New York calendar day, Elite at any time. Every request is reviewed by hand and no processing time is published. |
| Leverage | 1:100 | Set per market rather than per account: BTC 10x, ETH 8x, SOL 5x, gold 10x, oil 8x, NAS100 12x, and 2x to 4x on most altcoins and single stocks |
| Allocation ceiling | $200,000 | $300,000 in funded accounts across all plans, and $100,000 per plan type |
| Instruments | 700+ cryptocurrencies, traded through Bybit or Binance | Crypto perpetuals around the clock (BTC, ETH, SOL, XRP, DOGE, HYPE, ZEC and more) plus gold, silver, oil, indices, single US stocks and six FX pairs |
Which is cheaper, size by size
MyFundedPerps is cheaper at 3 of the 5 sizes where both publish a price. Comparing the entry tier alone hides that: fee ladders do not scale at the same rate, so the cheaper start can become the dearer account.
| Account size | HyroTrader | MyFundedPerps | Cheaper |
|---|---|---|---|
| $5k | not sold | $36 code ELITE | - |
| $10k | not sold | $30 code ELITE | - |
| $25k | $249 | $75 code ELITE | MyFundedPerps |
| $50k | $379 | $142 code ELITE | MyFundedPerps |
| $100k | $579 | $270 code ELITE | MyFundedPerps |
What the fee buys, and what it takes back
The $174 gap is 2.3 cheap attempts at the HyroTrader fee. The fee is also only the entry cost: at the headline split, HyroTrader has to make $277 of profit before the attempt has paid for itself, and $83 at MyFundedPerps.
| Measure | HyroTrader | MyFundedPerps |
|---|---|---|
| Fee for a $25k attempt | $249 | $75 code ELITE |
| Fee per $1,000 of account | $9.96 | $3.00 |
| Profit needed to win the fee back at the headline split | $277 | $83 |
| Account destroyed on a bad day (drawdown in dollars) | $2,500 (10%) | $750 (3%) |
| Drawdown type | unstated | static |
Cost per $1,000, the break-even profit and the cost of 1% of drawdown are our arithmetic from each firm's published fee, split and limit; each drawdown figure is the firm's own percentage for the plan that fee buys, applied to a $25,000 balance.
The rule that ends most attempts
MyFundedPerps measures drawdown from a fixed floor, while HyroTrader trails it - so a profitable run can leave the second account closer to its line than the balance suggests. At $25k there is $1,750 more room at HyroTrader ($2,500 against $750), which is 7.0 percentage points of the account.
Getting the money out
HyroTrader pays USDT / USDC, MyFundedPerps pays Rise (cash) / Store credit. Timing is not the same either: Within 24 hours against On request once funded: Select, Prime and Signature one request per New York calendar day, Elite at any time. Every request is reviewed by hand and no processing time is published..
Worth checking against your own cash-flow: a fast rail that pays into an account you then have to move is not the same as one that lands where you spend it.
Where they actually differ
- Payout rails are not the same: HyroTrader pays USDT / USDC, MyFundedPerps pays Rise (cash) / Store credit.
- clearing $25k means 10% then 5% (2-Step) in profit at HyroTrader and 9% (Select) at MyFundedPerps.
The decision rule
At $25k, if you routinely risk more than 6% of the account in a session, MyFundedPerps is the one that ends the attempt, not HyroTrader. If the first attempt is a test rather than a plan, HyroTrader at $19 costs less to be wrong about.
Which one, and for whom
Choose HyroTrader if Experienced crypto traders who want a one-step evaluation and trade on Bybit or Binance already.
Choose MyFundedPerps if Perps traders who want one phase, a fixed loss floor and a payout request window measured in days rather than weeks.
Both reviews carry the specific terms and the source pages: HyroTrader review and MyFundedPerps review. If a figure here has changed since it was read, email research@cryptopropfirms.com and it will be re-checked against the firm's own page.