Crypto Prop Trading Firms offer a practical way to trade with real capital without risking your own savings on every trade. You pay an evaluation fee, prove your skills against a set of rules, and if you pass, you trade a funded account and keep a share of the profits. One firm, GFunded, is reported to work with more than 1,000 traders.
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Costs and rewards vary widely. Entry-level evaluations cost between $499 and $999 for $100,000 funded accounts. Profit splits range from 50-70% on instant-funding models to 85-90% on challenge-based evaluations. Only 7% of traders reach the payout stage, so choosing the right firm matters.
Crypto Prop Trading Firms Compared at a Glance
The table below shows the starting profit split, the top split available through scaling, and one standout feature for each firm covered in this guide.
| Firm | Profit split | Standout feature |
|---|---|---|
| GFunded | 80-90% | Balance-based drawdown |
| HyroTrader | 70%, rising to 90% | No time limits on evaluation |
| FundedNext | 80%, up to 90% on Stellar 1-Step | Quick payout guarantee |
| BrightFunded | 80/20, rising to 100/0 | No upper balance limit on scaling |
| FTMO | 80%, rising to 90% | Challenge fee refund with first payout |
| Pipfarm | 70%, rising to 95% | Experience-based (XP) ranking |
| Bitfunded | 80%, rising to 90% | Crypto-only with zero spreads |
| The Trading Pit | 80% | Scaling up to USD 5.00 million |
Detailed Reviews of Each Crypto Prop Trading Firm
GFunded
GFunded is a crypto prop trading firm built around a clear evaluation path. Its Challenge Phase lets traders show their skills with virtual funds in a simulated environment, with a focus on risk management rather than raw profit. Traders who pass receive a funded account.
Profit split and scaling
Profit splits range from 80-90%. Scaling works in tiers. Traders start with a standard account and split, earn more capital after steady performance, and unlock better splits once they prove consistent.
Drawdown rules
GFunded uses a daily drawdown, usually 4-5% of account value, and an overall drawdown, typically 6-10% of the starting balance. It calculates drawdown on balance rather than equity, so open positions are not counted. That suits swing traders who ride temporary price swings. For a general primer on the concept, see Investopedia.
Platforms and payouts
Traders can choose TradingView for charting, Tradovate for futures or NinjaTrader for analysis tools. Over 100 crypto pairs and futures products are available, and weekend and news-event trading is allowed. GFunded promises payment within 24 hours of request, usually around 5 hours, and offers USD 1,000 compensation if it misses that guarantee.
HyroTrader
HyroTrader is a crypto-focused firm that offers direct exchange access, clear evaluation processes and reliable trading infrastructure. It trades digital assets only, which makes it a strong fit for specialists.
Evaluation and profit split
The One-Step Challenge requires a 10% profit target with no time limit, a 4% daily drawdown and a 6% maximum loss. The Two-Step Challenge requires 10% in Phase 1 and 5% in Phase 2, with a 5% daily drawdown and a 10% maximum loss. Funded traders start at 70% and gain 5% every four months, reaching up to 90% after 16 months.
Drawdown rules and payouts
HyroTrader offers trailing and swing daily drawdown options. Many traders choose swing, which measures losses from the day’s starting equity. Traders must set a stop-loss within 5 minutes of opening a trade. Payouts require a minimum of USD 100 in profit, are capped at 5% of account balance per payout, and process in 12-24 hours in USDT or USDC. Leverage goes up to 1:100.
FundedNext
FundedNext combines several evaluation paths with quick payout guarantees. It operates under GrowthNext F.Z.E., a UAE-registered entity.
Evaluation and profit split
Stellar 1-Step requires a 10% profit target, a 3% daily loss limit and a 6% maximum overall loss, with at least 5 trading days. Stellar 2-Step uses 8% and 5% targets, a 5% daily loss limit and a 10% maximum loss. Stellar Lite has a 4% daily loss limit and a lower entry point. Most accounts start at 80%, and Stellar 1-Step reaches up to 90%.
Platforms, drawdown and payouts
Platforms include MT4, MT5, Match-Trader, cTrader and TradingView (analysis only). US traders can use only Match-Trader or cTrader. Limits are based on initial balance. Stellar 1-Step pays out every 5 business days, while Stellar 2-Step and Lite make their first payout after 21 days and then every 14 days. The Brand Promise guarantees rewards within 24 hours or USD 1,000 in compensation.
BrightFunded
BrightFunded reports total payouts above USD 9.50 million, with a largest single payout of USD 48,700. It holds a 4.6 Trustpilot rating.
Evaluation and scaling
The Challenge phase requires an 8% profit target and the Verification phase requires 5%. Both need at least 5 trading days, a 5% daily loss limit and a 10% maximum drawdown, with no time limits. Traders start at an 80/20 split. The first scale-up adds 30% to the account and moves the split to 90/10, the second adds 60% at 90/10, and the third adds 90% at 100/0. Scaling starts after four months with at least 10% profit, two payouts and a positive balance.
Drawdown, platforms and payouts
Daily drawdown depends on when the account was bought. Accounts bought after a September cutoff use the highest balance or equity at day’s end, while older accounts use balance-based calculations. The daily limit resets between 11:30 PM and 11:59 PM CET. Platforms are MT5, cTrader and DXtrade, with more than 150 instruments including 40+ crypto pairs. The first payout comes after 30 days, then every 14 days, with weekly and instant 90% options available.
FTMO
FTMO is a Prague-based firm that reports more than 3.5 million customers and over USD 500 million paid in rewards. Its evaluation tests discipline through two phases.
Evaluation and scaling
The Challenge Phase requires a 10% profit target and the Verification Phase requires 5%. Both need at least 4 non-consecutive trading days, with no time limits, a 5% maximum daily loss and a 10% maximum overall loss. Demo accounts range from USD 10,000 to USD 200,000, and standard accounts start with a one-time fee of USD 155. The Scaling Plan raises the balance by 25% and the profit share to 90%, with potential up to USD 2,000,000 in original balance.
Drawdown, platforms and payouts
The maximum daily loss is 5% of the original balance, counting both closed and floating P&L, and it resets at midnight CE(S)T. The maximum loss is 10% of the original balance. Platforms include MT4, MT5, cTrader and DXtrade, with leverage from 1:3 for crypto to 1:100 for forex. Withdrawals open 14 days after the first trade and require profit with no open positions. Payouts process in 1-2 business days with no extra fees, and the challenge fee is refunded with the first payout.
Pipfarm
Pipfarm is a Singapore-based firm known for its experience-based ranking system. Traders can build toward higher profit shares through loyalty and consistent performance.
Evaluation and profit split
The one-step evaluation requires a 12% profit target, a 12% trailing or 6% static drawdown, and at least three profitable trading days. The two-step version needs 6% profit in each phase with a 9% static drawdown. Traders get up to 365 days to reach targets. The split starts at 70% and grows through the XP system to 95% at Rank 5. Each scaling round raises the balance by 10-50% depending on rank, up to USD 1.5 million.
Drawdown, platforms and payouts
The daily loss limit is 3%, measured from the previous day’s ending balance. Trailing drawdown follows the highest equity reached, while static drawdown stays fixed to the starting balance. Pipfarm uses cTrader with cBots, leverage up to 1:30 (1:50 at higher ranks) and over 81 instruments. Payouts happen every Friday, and withdrawals run through Riseworks, Skrill or USDT.
Bitfunded
Bitfunded is a UAE-based, crypto-only platform that runs simulated trading challenges. Account sizes range from 5,000 to 150,000 USDT.
Evaluation and profit split
The 2-Step Challenge has an 8% target in Phase 1 with a 5% daily drawdown and 10% maximum loss, then a 5% target in Phase 2 with an 8% maximum loss. The 1-Step Challenge has a 10% target, a 4% daily drawdown and a 6% maximum loss. Traders need at least 5 trading days, with no upper time limit. Fees start at $79 for 2-step and $99 for 1-step. The split rises from 80% to 90% after 10% net profit across four consecutive months, at least two withdrawals and a balance above the original.
Platform and payouts
The proprietary platform offers 100+ crypto pairs, an order-book system with zero spreads, a 0.04% commission per trade and maximum leverage of 1:5. Daily drawdown resets at 00:00 (UTC+8). Payouts follow a 14-day holding period from the first trading day, are made in USDT over ERC-20, BEP20 or TRC-20 networks, and carry a 24-hour processing guarantee.
The Trading Pit
The Trading Pit is a newer multi-asset firm with flexible drawdowns and a clear scaling path. Its policies are transparent, and it offers a range of trading options.
Evaluation and scaling
The evaluation is a one-step challenge, and CFD accounts typically need a 10% profit target. Every account type gets an 80% profit share, and scaling can grow an account up to USD 5.00 million. CFD traders can scale up after two months of active trading, at least two completed payouts and 10% profit on the original balance. Each scale-up raises the balance by 25%.
Drawdown, platforms and payouts
Daily drawdown is based on the previous day’s closing balance and updates at 16:15 CT. Prime accounts use a trailing maximum drawdown based on end-of-day balance until the starting balance is reached. CFD traders can use MetaTrader 4/5 or cTrader, while futures traders have ATAS, Quantower, Volsys and R/Trader. Leverage is 1:50 for forex, 1:15 for indices, 1:10 for commodities and 1:2 for crypto. Minimum withdrawal is USD 100, and requests are assessed within one working day.
Choosing the Right Firm for Your Style
The right firm depends on how you trade. Swing traders often prefer GFunded’s balance-based drawdown, while weekend crypto traders may value Bitfunded’s 24/7 market access. Traders after the biggest profit share should look at Pipfarm’s 95% split or BrightFunded’s path to full profit retention.
Rules also change, especially for US access. Read each firm’s current terms before you pay an evaluation fee. If you are new to the model, start with our guide to a funded trading account. Strong risk management matters more than any platform choice, so review 7 forex risk management strategies before you take a challenge. If you want to mirror other traders, see our list of prop firms that allow copy trading.
Conclusion
Crypto Prop Trading Firms differ mainly in profit split, drawdown method, payout speed and evaluation cost. Compare the rules against your own trading style, not just the headline split. Read the current terms carefully before paying any fee.
FAQ
What are Crypto Prop Trading Firms?
Crypto Prop Trading Firms are companies that fund traders with capital after they pass an evaluation. Traders keep a share of the profits they generate on the funded account.
How much does an evaluation cost?
Entry-level evaluations cost between $499 and $999 for $100,000 funded accounts, according to this guide. Bitfunded’s challenge fees start at $79 for the 2-step and $99 for the 1-step.
Which firm offers the highest profit split?
Pipfarm reaches a 95% split at Rank 5, and BrightFunded can reach 100/0 after its third scale-up. Both depend on meeting each firm’s scaling conditions.
What is the difference between balance-based and equity-based drawdown?
Balance-based drawdown counts realized results, while equity-based drawdown also includes open positions. GFunded uses balance-based calculations, and HyroTrader offers both trailing and swing daily drawdown options.
How fast are payouts?
GFunded aims to pay within 24 hours and usually takes about 5 hours, while HyroTrader processes in 12-24 hours. FTMO processes in 1-2 business days, but first payouts often come after 14 to 30 days depending on the firm.
