HyroTrader
HyroTrader is a Prague-based crypto proprietary trading firm that funds retail traders globally after structured evaluation challenges, offering up to $200K USDT in capital, 80–90% profit splits, and live exchange execution via direct Bybit API integration.
- Company typePrivate
- Founded2022
- HeadquartersNove Mesto, Czechia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What HyroTrader does
HyroTrader is a cryptocurrency proprietary trading firm that provides funded trading accounts to retail crypto traders who pass structured evaluation challenges. Founded in 2022 and headquartered in Prague as Hyro Finance j. s. a., the firm serves traders in 140+ countries through a community-led, direct-to-consumer model built around Discord and Telegram channels with 30K+ members. Its core product is a funded trading program offering initial capital from $5,000 to $200,000 USDT (scalable to $1,000,000 based on quarterly performance), with profit splits of 80–90% paid in USDT or USDC. Traders enter via one-step or two-step challenges priced from $59 to $969, with a $89 swing drawdown add-on available.
The company's defining technical feature is direct exchange API integration: rather than operating on simulated execution, HyroTrader connects traders to live exchange order books, primarily on Bybit, with additional integrations spanning Binance, Bitget, Gate, OKX, Blofin, Hyperliquid, dYdX, BingX, and MEXC. The risk engine monitors drawdown limits, profit targets, and prohibited practices in real time, and traders can access the platform via Bybit direct API, the proprietary CLEO terminal (Binance data), or the Tealstreet professional terminal. An affiliate program offering up to 40% recurring commissions, an educational Results Academy, and a $5M+ cumulative payout track record support distribution.
HyroTrader monetizes primarily through non-refundable challenge fees from the ~93% of participants who do not reach payout, with refundable fees on first payout for the minority who do. In 2025, founder and CEO Samuel Drnda rejected multiple acquisition offers and announced the development of the Hyro Protocol on Solana, extending the company's footprint from centralized prop-firm evaluation into decentralized trading infrastructure.
HyroTrader firmographics
Firmographics- Name
- HyroTrader
- Legal name
- Hyro Finance j. s. a.
- Website
- https://hyrotrader.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HyroTrader is a Prague-based crypto proprietary trading firm that funds retail traders globally after structured evaluation challenges, offering up to $200K USDT in capital, 80–90% profit splits, and live exchange execution via direct Bybit API integration.
- Ownership category
- akta.pro rank
HyroTrader industry classification
Industry- Product category
- Crypto Proprietary Trading
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Active Crypto Asset Managers (Discretionary) (FSADAHAA)
- akta.pro secondary industry
- Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration) (FSABAIAE)
Keywords
Where HyroTrader is headquartered
LocationHeadquarters
- HQ city
- Nove Mesto
- HQ country
- Czechia
- HQ region
- Europe
Offices1 record
Markets served
HyroTrader business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Challenge Evaluation Fees: Traders pay challenge entry fees to participate in evaluation programs. Fees range from $59 to $969 depending on account size ($5,000 to $200,000 USDT capital). The challenge fee is refundable with first payout, meaning revenue is generated when traders fail challenges or do not reach payout. This creates a structural model where the firm remains profitable regardless of trader success rates.
- Swing Drawdown Upgrade: Optional $89 upgrade providing swing drawdown rules with 53% lower failure rate compared to default rules. This add-on provides additional revenue from traders seeking more favorable risk parameters.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | $5,000 USDT Starting Balance - $59 Challenge Fee |
| One time/ perpetual license | Pay-as-you-go | $10,000 USDT Starting Balance - $119 Challenge Fee |
| One time/ perpetual license | Pay-as-you-go | $25,000 USDT Starting Balance - $249 Challenge Fee |
| One time/ perpetual license | Pay-as-you-go | $50,000 USDT Starting Balance - $379 Challenge Fee |
| One time/ perpetual license | Pay-as-you-go | $100,000 USDT Starting Balance - $579 Challenge Fee |
| One time/ perpetual license | Pay-as-you-go | $200,000 USDT Starting Balance - $969 Challenge Fee |
| One time/ perpetual license | Pay-as-you-go | Swing Drawdown Upgrade - $89 Add-on |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
HyroTrader product offering
Product offeringCore offering
HyroTrader is a crypto proprietary trading firm that provides funded USDT trading accounts to individual crypto traders who pass structured evaluation challenges. Traders can choose between one-step and two-step challenges with account sizes from $5,000 to $200,000 USDT (scalable to $1,000,000 USDT), keep 80-90% of profits, and execute trades on real exchange order books via direct API integration with Bybit.
Product overview
HyroTrader is a crypto proprietary trading platform offering a unified funded trading program with two evaluation challenge types (One-Step and Two-Step). Traders access capital from USDT 5,000 to USDT 200,000 initially, scaling to USDT 1,000,000, with profit splits of 80-90% paid in USDT/USDC. The ecosystem includes proprietary trading interfaces (Cleo powered by Binance data), third-party terminal integration (Tealstreet), affiliate program, educational resources (Results Academy), and a Swing Drawdown Upgrade add-on for modified risk rules. The firm pioneered direct exchange integration in 2023, connecting traders to Bybit via API for real market execution. HyroTrader is developing the Hyro Protocol on Solana for decentralized trading infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- HyroTrader Funded Trading Program A crypto proprietary trading program that provides funded accounts to traders who pass evaluation challenges, offering USDT capital from 5,000 to 200,000 (scalable to 1,000,000) and 80-90% profit splits for individual crypto traders.
- One-Step Challenge Single-phase evaluation challenge requiring 5 trading days and a 10% profit target, with 4% daily drawdown and 6% maximum loss limits, offering a faster path to funded status.
- Two-Step Challenge Two-phase evaluation challenge with verification phase, offering starting balances from USDT 5,000 to 200,000, with 5% daily drawdown and 6% maximum loss limits, and profit splits of 80-90% with refundable challenge fees.
- Cleo Trading Platform Proprietary professional trading interface powered by Binance market data, providing real-time pricing, advanced analytics, and structured trade management for USDT perpetual futures across 500+ pairs in authentic market conditions for HyroTrader traders.
- Results Academy Educational platform providing trading resources, strategy development guidance, and support for traders, part of the HyroTrader ecosystem helping traders develop consistency and professional trading standards.
Quantifiable outcome
- Only about 7% of traders who enter evaluation challenges ever receive a payout (industry-wide statistic from FPFX Tech data across 300,000+ accounts)
- +3 more outcomes
Companies that use HyroTrader
Customer profileNamed customers9 records
Ideal customer profiles1 record
HyroTrader technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature5 records
HyroTrader partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, supporting and minor.
- BybitcorePrimary exchange integration partner. Traders connect via secure API to their own Bybit accounts to execute USDT perpetual futures trades across 700+ pairs. HyroTrader's evaluation system monitors trading through Bybit's live order books. All funded account trading occurs on Bybit exchange infrastructure.
- TealstreetsupportingThird-party trading terminal integrated with HyroTrader challenges. Traders can access Bybit market data and execute trades through Tealstreet's professional-grade interface. No KYC or country restrictions required via this terminal option.
- CLEOsupportingTrading platform integrated with HyroTrader providing access to 500+ pairs using Binance market data for charting. Offers real-time pricing, advanced analytics, and structured trade management with authentic market conditions.
- AlphaKryptominorAffiliate partner generating approximately $28,670 in revenue with $8,601 paid in commissions. Active promoter of HyroTrader trading services.
- Crypto AcademyminorAffiliate partner generating approximately $59,786 in revenue with $17,935 paid in commissions. US-based trading education channel promoting HyroTrader services.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
HyroTrader competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
HyroTrader social profiles
Digital presenceHyroTrader financial estimates
Financial estimateRevenue estimate
Valuation estimate
HyroTrader leadership team
Management profileNumber of profiles
Profiles8 records
HyroTrader funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HyroTrader M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HyroTrader
What does HyroTrader do?
HyroTrader is a crypto proprietary trading firm that provides funded USDT trading accounts to individual crypto traders who pass structured evaluation challenges. Traders can choose between one-step and two-step challenges with account sizes from $5,000 to $200,000 USDT (scalable to $1,000,000 USDT), keep 80-90% of profits, and execute trades on real exchange order books via direct API integration with Bybit.
Is HyroTrader a public or private company?
HyroTrader is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HyroTrader founded?
HyroTrader was founded in 2022. It employs 11 to 50 people.
Where is HyroTrader based?
HyroTrader is headquartered in Nove Mesto, Czechia, in the Europe region.
How does HyroTrader make money?
Two revenue lines are on record. Challenge Evaluation Fees are the primary driver. The others are swing Drawdown Upgrade.
Does HyroTrader have an API?
Yes. HyroTrader enables traders to connect their own trading bots and algorithms to exchange APIs for automated execution. The platform utilizes ByBit's API for USDT perpetual futures trading, providing direct access to live exchange order books and real market data. Traders can build custom algorithms using programming languages and libraries such as Python (ccxt library, python-binance) and JavaScript, or use TradingView alerts for automated execution. API keys grant trading and market data permissions, with withdrawal capabilities disabled for security. Developer documentation is at Not specified.
What industry is HyroTrader in?
HyroTrader's product category is Crypto Proprietary Trading. Its primary akta.pro industry code is FSADAHAA, Active Crypto Asset Managers (Discretionary), with a secondary code of FSABAIAE, Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration). Its NAICS code is 5231 and its SIC code is 6200.