Why Choosing Right Prop Firms Is Important? Which Firm We Use?
- 2 days ago
- 6 min read
Why Are Prop Firm Rules & Conditions Important for Traders?
We talked before about exchanges and why the cheapest fees are not the only thing that matters. With prop firms, it’s exactly the same story.
After trading on some of the prop firms ourselves, we understood something much more important. You trade better where you feel calm. And calm doesn’t come from numbers.
Examples From 2 Prop Firms: HyroTrader & Crypto Fund Trader
While there are a lot of prop firms out there, we and our members have been using the most of both HyroTrader and CFT. So we are going to take those 2 into comparison, where our opinion is based on not only ours but also some of our members who have been trading on both of them.
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HyroTrader
Challenges: 1-step & 2-step Fees (min/max): $89 - $999
Account Sizes: $5,000 - $200,000
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CryptoFundTrader
Challenges: 1-step & 2-step, Instant, Ascended Fees (min/max): $58 - $1,798 Account Sizes: $2,500 - $200,000
--------------------------------------------- That basic information above is what many traders look at first for some reason. Price of the challenge, account size, number of steps. But in reality, those should be the least important reasons to choose a prop firm.
A prop firm is about two main things: risk management rules and trust in the people behind the company.
If you don’t understand how they operate, what kind of traders they want, and what business model stands behind them, sooner or later problems will appear. Maybe not in the beginning, maybe not on your first payout, but at some point you will start asking questions.
Crypto Fund Trader – Strong Sides & Concerns
Let’s start fair.
Crypto Fund Trader has some strong advantages. They give traders many ways to enter the markets. You can go with classic evaluations, you can try instant funding, you can move through ascended models. Flexibility is there and for many traders that looks attractive.
But at the same time, we personally had a few concerns.
First one is simple — who is actually behind the company?
You don’t really see traders, you don’t see people speaking publicly, you don’t feel personalities representing the firm. The brand feels more corporate, more system based, less human.
Second thing we noticed are constant discounts. Every time you open social media there is another promotion. Of course discounts are good, everyone likes cheaper price, but it also creates a question: why is there such a constant need for new sign ups?
And the third thing that is very important for us — no refunds after passing stages.
This part never made complete sense to us.
Because logically, the business model of a prop firm should be to find profitable traders. If a trader proves consistency and discipline, why wouldn’t you want him long term? Why wouldn’t you return the fee and build relationship?
A good trader should be more valuable than a challenge payment.
Our theory (and it is just a theory) is that firms should make real money once they discover strong traders, monitor them, maybe even copy trades internally. That sounds like sustainable business.
HyroTrader – What Stood Out For Us
With HyroTrader, the strongest argument is the team itself. You actually see people the traders, faces, interviews and opinions of traders.
They are not hiding somewhere in the background. And for us personally, this increases confidence a lot. When you know who stands behind the firm, you simply feel different while trading.
Second big point is risk management.
For example, in 1-step challenges, Hyro gives 6% max loss. When we compare this to the 6% trailing drawdown at CFT, for us it is a huge difference. (Both firms offer 10% Drawdowns on 2-step and are both without trailing drawdowns.)
We honestly hate trailing systems.
Imagine you make 10% profit, you are doing well, feeling good. Then bad week comes and you lose 6%. Your account is still +4%, you are positive, but because of trailing rule → account gone. So here the point goes to Hype for not including it at all!
Risk Management Comparison — Who Actually Has Better Rules?
Once you start trading for real, this is the part that matters more than challenge fees, discounts, or how many evaluation options there are. Risk rules decide how you trade every day, how you plan entries, and how confident you feel holding positions. Let’s be honest — if you’re always thinking about breaking a rule, you start trading scared, not trading setups.
So here is how the rules stack up.
HyroTrader — Real Risk Discipline That Makes Sense
These are the actual rules from Hyro’s FAQ — not some legal paragraph, but rules you will live by while trading:
Max Risk Per Trade
You can’t risk more than 3% of your account balance on a position, including fees. You can use more capital on the chart if your stop loss risk stays within 3%. That’s logical. Not too loose, not too tight.
Stop Loss Obligation
You must set a stop loss on every trade. If you forget, Hyro gives you a chance to fix it once. After that, no more warnings. They even spell out how it needs to be set, so there are no surprises later.
No Martingale
Doubling up after a loss is banned — and it should be. That’s not trading, that’s gambling.
No Hedging Across Accounts
You can’t use different accounts to hedge and hide risk. That keeps things transparent and replicable.
Daily Profit Contribution Limit
During evaluation, no single trading day may make up more than 40% of your total profit. That forces consistency, not “big luck day”.
Low-Cap Asset Limits
If an asset has low liquidity, you can’t dump 10% of your account into it. That’s because in real markets big size on illiquid coins doesn’t work — and Hyro treats it like real trading.
Account Review & Enforcement
Hyro manually checks for gamblers or reckless traders, and they can warn you, adjust payouts, even terminate accounts if the behavior is dangerous. That’s human oversight, not a random bot.
All of this is spelled out clearly on their official risk page — and it feels like real trader rules, not random corporate clauses.
Crypto Fund Trader — Rules Spread In Legal Terms
Now let’s look at CFT. Their official FAQ and Terms are very different in style from Hyro’s clear list. Here’s what you actually find in the official CFT documentation:
Drawdowns & Loss Limits
In 2-phase evaluations, daily loss can’t exceed 5%, and total drawdown uses 10% limits.
In 1-phase evaluations, daily loss rules are smaller, and once you hit profit targets the 6% trailing drawdown applies.
That “trailing loss” part is exactly the part traders complain about. Why? Because trailing drawdowns follow your profits. That means you can be up 10% overall and still lose your account if you pull back by 6%. That feels unfair, and it changes how you trade.
Terms & Discretion
Most of CFT’s risk wording lives inside long legal Terms and Conditions — not clean bullet-point risk rules like Hyro. They explicitly reserve the right to change conditions at any time, impose restrictions, or even decide eligibility based on interviews, compliance or behaviour. That creates uncertainty most traders don’t like.
Prohibitions & Complexity
CFT lists a huge catalog of prohibited strategies, anti-gambling clauses, and behaviour rules — but they live in legal sections, not in a clear “risk rules you need to follow” FAQ table. That means you often need to interpret them rather than instantly know them.
So Who Has Better Risk Management?
Here’s the honest answer:
👉 HyroTrader wins this section.
Not because it’s easier — it’s strict — but because the structure feels logical and real-market based. The rules are clear and actually designed for disciplined trading:
fixed maximum risk per trade
mandatory, enforceable stop loss rules
no martingale
realistic limits on illiquid coins
profit rules encouraging consistency
actual human oversight
On the other hand, Crypto Fund Trader’s risk rules are:
split between FAQ and legal terms
harder to immediately understand
based partly on trailing drawdowns — a system that many traders feel is unfair
subject to discretionary changes by the firm
In other words, Hyro gives you clear and predictable risk structure, while CFT hides much of it in legal wording that can be updated at their choice. That’s not just less friendly — it changes how you trade day to day, because you end up focusing on rules instead of setups.
When the risk model feels fair and predictable → confidence rises → quality of trading improves.
And for us, that’s a big part of why Hyro wins the risk management comparison in our personal opinion.
To Be Fair – Both Are Paying
We want to be very clear.
We are not saying someone is a scam. Payouts are coming from both sides. We traded on CFT ourselves for quite some time. But after one of our members introduced us to Hyro and we spent time inside their environment, we started liking the business model there more.
Our Gut Feeling After Everything
When we combine team visibility, risk structure, community, and simply how natural everything feels, our gut tells us to stay more with HyroTrader.
Not because someone else is terrible. But because we personally feel more confident there, and confidence in trading changes a lot more than people think.
If you see the market in a similar way and you value transparency and structure, then Hyro might fit you better as well.
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