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What is HyroTrader?

HyroTrader functions as a proprietary trading entity in the cryptocurrency arena, providing traders with the chance to employ firm capital within a simulated evaluation setting that allows them to demonstrate their trading skills without risking their personal finances. Participants initiate a trading challenge by linking their ByBit or CLEO accounts via an API, aiming to reach a profit target typically ranging from 10% to 15%, all while adhering to specific regulations surrounding drawdowns, mandatory trading days, stop-loss placements, and maximum loss thresholds. Success in this challenge leads to the opportunity for a funded account, enabling traders to operate with financial support from HyroTrader and enjoy profit-sharing agreements that vary from 70% to 90%. Payouts are processed in stablecoins (USDT/USDC) within a timeframe of 12 to 24 hours after meeting the profit criteria. This platform is exclusively focused on cryptocurrency markets, offers access to over 700 trading pairs, and ensures authentic exchange connectivity rather than relying on simulated price feeds, along with the convenience of unlimited time to complete challenge phases. Furthermore, this framework fosters an environment where traders can refine their skills while having the potential to earn substantial profits, thus enhancing their overall trading experience and confidence in the market.

What is FTMO?

Established in 2015, FTMO is an innovative proprietary trading firm that allows traders to manage demo accounts with balances up to $200,000. The company has developed a unique evaluation process featuring the FTMO challenge and verification stages, designed to identify and nurture trading talent. After successfully completing these phases, traders can operate in a simulated environment and keep as much as 90% of their earned profits, all while mitigating any personal financial risk. FTMO provides a selection of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and DxTrade, catering to various trading strategies and styles. Beyond trading opportunities, FTMO is dedicated to the growth of its traders through the FTMO Academy, which offers insightful educational resources and performance coaching. Moreover, outstanding traders may qualify for an exclusive premium program that presents better profit-sharing possibilities and potential job offers, paving the way for sustainable success in the trading arena. This robust framework of support not only enhances traders' skills but also establishes FTMO as a premier option for those aspiring to thrive in their trading journeys. As such, FTMO exemplifies a commitment to fostering a new generation of skilled traders in an evolving market landscape.

Media

Media

Integrations Supported

Bybit
Cleo
DXtrade
MetaTrader 4
MetaTrader 5
cTrader

Integrations Supported

Bybit
Cleo
DXtrade
MetaTrader 4
MetaTrader 5
cTrader

API Availability

Has API

API Availability

Has API

Pricing Information

$299 per month
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

HyroTrader

Date Founded

2023

Company Location

Czech Republic

Company Website

www.hyrotrader.com

Company Facts

Organization Name

FTMO

Date Founded

2015

Company Location

Czech Republic

Company Website

ftmo.com

Categories and Features

Categories and Features

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