Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Carrot Funding Carrot Funding
HyroTrader HyroTrader
Carrot Funding 5.7 Get Started
HyroTrader 5.4 Get Started
Overview
Asset Type Crypto Crypto
Country United Arab Emirates Czech Republic
Established - Jan 2022
Technology Proprietary Proprietary
Platforms - Bybit, Cleo
Trading Rules
Profit Split 80% Best 80% scaling to 90%
Daily Drawdown 5% of equity (2-Phase) / 4% of equity (1-Phase), recalculated at 00:00:00 UTC 4%
Payout Frequency On-demand
Requested from the trader dashboard once eligible; processed within 24 hours. 		On-demand (processed within hours)
Profits paid in USDT or USDC, secured by Fireblocks
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • On-chain, independently verifiable payouts (USDC on Arbitrum) with published Arbiscan transaction hashes; on-demand payouts processed within 24 hours and a 100 USDC minimum; no time limit, no minimum trading days, no inactivity rule and no stop-loss rule; one-time non-recurring challenge fee with no activation or monthly fees; scalping, grid and swing trading, news trading and weekend holding all permitted.
  • Direct exchange execution via Bybit (real order books), 700+ USDT perpetual pairs, fast crypto payouts in USDT/USDC within hours, challenge fee refunded with first payout, Cleo terminal alternative with Binance market data, up to $200K simulated capital, 1-Step or 2-Step evaluation, Fireblocks-secured payouts
Main Drawbacks
  • Leverage is capped at 5x per position, far below typical CFD prop firms; a breach is permanent with no resets, no appeals and no exceptions; the firm publishes no company registration, founding date or regulator on any first-party page and its terms live on an external GitBook; funded balance is capped at $200,000 in aggregate and the largest single account is $100,000; the firm can B-book any trade at its sole discretion and the trader has no control over the routing; payouts are crypto-only (USDC on Arbitrum), with bank transfer listed as coming soon.
  • Mandatory stop-loss within 5 minutes on every trade, strict 3% per-trade risk cap, 40% single-day profit distribution cap during evaluation, no EUR/USD or USDC pairs, no Martingale/hedging across accounts, simulated capital (not real funds), legal entities registered in Slovakia despite Prague operational HQ
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

Carrot Funding Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$65 $5K 2 Steps P1: $250 (5%)
P2: $400 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$75 $5K 1 Step P1: $400 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$119 $10K 2 Steps P1: $500 (5%)
P2: $800 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$129 $10K 1 Step P1: $800 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$239 $20K 2 Steps P1: $1,000 (5%)
P2: $1,600 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$249 $20K 1 Step P1: $1,600 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$449 $50K 2 Steps P1: $2,500 (5%)
P2: $4,000 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$499 $50K 1 Step P1: $4,000 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$699 $100K 2 Steps P1: $5,000 (5%)
P2: $8,000 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$799 $100K 1 Step P1: $8,000 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0

HyroTrader Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$89 $5K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$159 $10K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$299 $25K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$399 $50K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$599 $100K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$999 $200K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
Carrot Funding
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HyroTrader
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