HyroTrader vs Kraken Funded rules, prices and codes side by side
Prices updated
- HyroTrader
United Arab Emirates · Founded 2023
- From
- $9
- Challenges
- 23
- Accounts
- $2.5K to $200K
- Kraken Funded
British Virgin Islands · Founded July 2026
- From
- $20
- Challenges
- 3
- Accounts
- $1K to $25K
HyroTrader
Kraken FundedWhere they differ
- Cheapest challenge
- HyroTrader$9 ($2.5K Hyro Core)
- Kraken Funded$20 ($1K Challenge)
- Daily loss limit
- HyroTrader3% to 5%
- Kraken FundedNone
- Maximum loss
- HyroTrader5% to 10% static
- Kraken Funded3% static
- Bitcoin leverage
- HyroTrader150x
- Kraken Funded1:1
- Account sizes
- HyroTrader$2.5K to $200K
- Kraken Funded$1K to $25K
- Sizes only this firm sells
- HyroTrader$2.5K, $5K, $50K, $100K, $200K
- Kraken Funded$1K
- Steps
- HyroTraderInstant, 1-step and 2-step
- Kraken Funded1-step
- Challenges
- HyroTrader23
- Kraken Funded3
- Country
- HyroTraderUnited Arab Emirates
- Kraken FundedBritish Virgin Islands
- Founded
- HyroTrader2023
- Kraken FundedJuly 2026
- Current offer
- HyroTrader10% off with hyrosocials
- Kraken FundedNone now
Every rule, side by side
| Rule | HyroTrader | Kraken Funded |
|---|---|---|
| The firm | ||
| Country | United Arab Emirates | British Virgin Islands |
| Founded | 2023 | July 2026 |
| Years in operation | 2 | Under 1 |
| Platforms | Bybit (own demo account), BloFin (own demo account), Hyro platform, Tealstreet, Tiger.com | Kraken app |
| Trades on | Bybit (own demo account, connected by API), BloFin (own demo account, connected by API), Hyro, its own platform (live Bybit market data), Tealstreet and Tiger.com terminals (Bybit market data; not available in the US or where Bybit is restricted) | The Kraken app (mobile only), in its Funded tab, on a simulated balance |
| Markets | Crypto, tokenized stock, index, metal and oil | Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US) |
| Some trades on-chain | No | No |
| Rules | ||
| Model | Hyro Core or One-Step (1-step) or Two-Step (2-step) evaluation, or Hyro Instant (no evaluation); Zero-Step no longer sold | 1-step challenge, one at a time |
| Account sizes | $2.5K, $5K, $10K, $25K, $50K, $100K, $200K | $1K, $10K, $25K |
| Profit target | 10% (Core, One-Step); 10% phase 1 + 5% phase 2 (Two-Step); none (Instant) | 12% |
| Daily loss limit | 3% (Core, Instant) / 4% (One-Step) / 5% (Two-Step), static: a fixed amount of the initial balance below each day's equity at 00:00 UTC | None |
| Maximum drawdown | 5% (Core, Instant) / 8% (One-Step) / 10% (Two-Step) maximum loss, equity-based | 3% static below the starting balance, in the challenge and the funded account |
| Max leverage | Up to 150x on BTC and ETH (Bybit, BloFin), 50x–100x on most Bybit pairs; up to 100x or more by pair (Hyro); up to 100x (Tealstreet) | 1x: spot buys and sells in dollar amounts, with no added leverage |
| Profit split | 80%; can be raised to 90% at the firm's discretion as you scale (One-Step, Two-Step, Instant); Hyro Core is fixed at 80% | 80% |
| Payouts | On request once the funded account has at least $25 profit after the split, with all positions closed; each request covers up to 5% of the initial balance in profit (profit above 5% left unwithdrawn is not paid); processed within 24 hours in USDT or USDC, no fees | On request, as often as wanted, from $20 of profit; USD to the trader's Kraken account, typically within 24 hours; each withdrawal resets the funded balance to its start |
| Starting price | from $9 for a $2,500 account (Hyro Core); 2-step from $59, 1-step from $69 | from $20 for a $1,000 account |
| Minimum days | Core 4 days, One-Step 3, Two-Step 4 per phase; Instant: 3 qualifying days to first payout | None |
| Consistency rule | 40% of target per day (Core, One-Step, Two-Step); none on Instant | None |
| US traders | Yes (its FAQ says US traders can join; not on the Tealstreet or Tiger terminals) | Yes (crypto only; not in Maine, Massachusetts or New York) |
| Fee refund | With the first funded payout (One-Step, Two-Step); no (Hyro Core, Hyro Instant) | No |
| News trading | Allowed, if not the only strategy and not aimed at news-driven pricing errors | Allowed (its FAQ: how you trade is up to you) |
| Weekend holding | Allowed | Allowed (crypto and stocks trade 24/7) |
| Current offer | 10% off with hyrosocials | None now |
| Rules checked | November 4, 2026 | November 4, 2026 |
HyroTrader: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12source 13Kraken Funded: source 1source 2source 3source 4
Prices at each account size
| Account | HyroTrader | Kraken Funded |
|---|---|---|
| Sizes both sell | ||
| $10K | $39$35.10 with hyrosocialsHyro Core4 challenges at this size | $90Challenge |
| $25K | $99$89.10 with hyrosocialsHyro Core4 challenges at this size | $250Challenge |
| Sizes only one sells | ||
| $1K | Not sold | $20Challenge |
| $2.5K | $9$8.10 with hyrosocialsHyro Core | Not sold |
| $5K | $19$17.10 with hyrosocialsHyro Core4 challenges at this size | Not sold |
| $50K | $189$170.10 with hyrosocialsHyro Core4 challenges at this size | Not sold |
| $100K | $349$314.10 with hyrosocialsHyro Core4 challenges at this size | Not sold |
| $200K | $969$872.10 with hyrosocialsTwo-Step2 challenges at this size | Not sold |
Every HyroTrader challengeEvery Kraken Funded challengeEvery firm's challenges
Current offers
- 10% offhyrosocials
10% off a next challenge, for 24 hours from when the code is applied.
What each daily limit means on Bitcoin
How far Bitcoin has to move against a position at each firm's full leverage to use up the daily loss limit, and how often it has in the last 29 days.
| Firm and program | Bitcoin cap | Daily limit | Move that uses it up | Days Bitcoin moved that far |
|---|---|---|---|---|
| HyroTrader · Core and Instanton Bybit and BloFin demo accounts | 150x | 3% | 0.02% | 29 of 29 |
| HyroTrader · One-Stepon Bybit and BloFin demo accounts | 150x | 4% | 0.03% | 29 of 29 |
| HyroTrader · Two-Stepon Bybit and BloFin demo accounts | 150x | 5% | 0.03% | 29 of 29 |
Kraken Funded states no single Bitcoin leverage cap.
Recent rule changes
Drawdown
Raised the One-Step maximum loss from 6% to 8% of the initial balance for challenges bought from November 5; earlier One-Step challenges keep 6%.
Program
Announced Hyro Core, a one-phase challenge from $9 for $2,500 to $349 for $100,000 (a 10% target, 4 trading days, a 3% daily loss limit, a 5% static maximum loss and a fixed 80% split), and Hyro Instant, a funded account with no evaluation from $169 for $5,000 to $2,799 for $100,000; its rules page says Zero-Step is no longer sold, and its checkout still sold Zero-Step, One-Step and Two-Step that day.
Payouts
Lowered the payout minimum from $100 to $25 of profit after the split.
Other
Cut the minimum trading days from 5 to 3 on One-Step and from 5 to 4 per phase on Two-Step, in terms dated November 4; the terms say rule changes do not apply to accounts already in a challenge.
Account sizes
Dropped the $5,000 challenge ($50) and added a $25,000 one at $250; $1,000 stays at $20 and $10,000 at $90.
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