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- What is crypto prop trading?
- Crypto prop trading: How to start
- Crypto prop trading: Funding
- Top crypto prop trading firms in 2026: list
- Top crypto prop trading firms in 2026: Breakout by Kraken
- Top crypto prop trading firms in 2026: HyroTrader
- Top crypto prop trading firms in 2026: Fintokei
- Top crypto prop trading firms in 2026: SabioTrade
Crypto prop trading has expanded into a multi-billion-dollar industry as more traders shift toward performance-based funding models instead of relying entirely on personal capital.
The appeal is simple: skilled traders can potentially generate returns on much larger account sizes without risking substantial upfront personal funds. For many traders, this removes one of the biggest barriers in trading: the gap between skill and available capital.
Rather than spending years slowly growing a small retail account, traders can access professional-scale capital after demonstrating consistent performance through structured evaluations.
The model also allows firms to identify disciplined traders while limiting risk through predefined trading rules and strict drawdown protections.
What is crypto prop trading?
Proprietary trading, commonly called prop trading, allows traders to operate using a firm’s capital rather than their own money.
Instead of building a trading account slowly over time with personal savings, traders gain access to significantly larger capital pools after proving they can trade consistently under controlled risk conditions.
In crypto markets, prop trading firms provide funding for trading assets such as Bitcoin, Ethereum, and other digital assets while handling the underlying capital exposure themselves.
The trader keeps a majority share of the profits generated, while the firm receives a smaller percentage in exchange for providing the capital, infrastructure, and operational support.
Funded traders often retain between 70% and 90% of profits depending on the platform and account structure.
Crypto prop trading: How to start
Most crypto prop firms begin with an evaluation phase conducted inside a simulated trading environment that mirrors live market conditions.
Traders select an account size and pay an evaluation fee, which can range from around $100 to over $1,000 depending on the amount of funding requested.
The challenge usually requires traders to hit a profit target, commonly around 8% to 10% of the notional account balance, while following strict risk management rules.
These rules typically include daily loss limits, overall drawdown restrictions, minimum trading activity requirements, and restrictions on overly aggressive trading behavior.
Some firms divide the process into multiple stages before granting access to funded capital.
Most applicants fail to pass the evaluation phase because the system prioritizes consistency and risk control over short-term gains.
Crypto prop trading: Funding
Once traders successfully complete the evaluation, they receive access to a funded account backed by the prop firm’s capital.
Even after funding, traders must continue following the same risk-management structure, including maximum drawdown limits and trading restrictions designed to protect firm capital. Profits generated inside the funded account are shared between the trader and the firm according to a predetermined ratio.
Many firms also offer scaling programs where consistently profitable traders gradually receive larger account allocations and improved profit splits over time. This creates long-term incentives for disciplined performance rather than high-risk speculation.
For prop firms, the structure creates a relatively efficient way to identify talented traders while limiting downside exposure. Evaluation fees help offset operational costs, while risk-management systems reduce the chances of catastrophic losses once traders are funded.
At the same time, successful traders effectively become revenue-generating partners for the firm. The result is a model where both sides benefit from consistent performance, creating direct alignment between trading skill and compensation.
Top crypto prop trading firms in 2026: list
Here’s a list of top prop trading firms in 2026 according to U.Today:
- Breakout
- HyroTrader
- Fintokei
- SabioTrade
Each one has its own unique evaluation models, reward plans, trading limits, as well as loyalty programs.
Top crypto prop trading firms in 2026: Breakout by Kraken
Breakout is a crypto-focused proprietary trading firm that gained major attention after being acquired by Kraken in September 2025. The acquisition marked the first time a major regulated cryptocurrency exchange entered the prop trading sector through a full buyout, making Breakout the only institutionally backed crypto prop firm currently operating in the industry.
The company focuses exclusively on cryptocurrency trading and positions itself as a simplified alternative to traditional prop firms by removing many of the restrictions commonly imposed on funded traders. Breakout emphasizes straightforward evaluation structures, on-demand payouts, and a minimal-rules environment designed for active crypto traders.
Unlike many firms in the sector, Breakout does not use consistency rules, minimum trading day requirements, or time limits during evaluations.
Breakout offers several evaluation models designed for different trading styles and risk tolerances:
- 1-Step Turbo
- 1-Step Classic
- 1-Step Pro
- 2-Step Challenge
Each account type uses different profit targets and risk limits.
Program | Profit target |
1-Step Turbo | 9% |
1-Step Classic | 10% |
1-Step Pro | 12% |
2-Step | 5% Phase 1, then 10% Phase 2 |
The firm offers account sizes ranging from $5,000 to $200,000.
One of Breakout’s defining features is the absence of several common prop firm restrictions. Traders are not required to trade for a minimum number of days, there are no consistency requirements, and evaluations do not expire under fixed time limits. News trading is also fully allowed.
Breakout uses static drawdown models rather than trailing drawdowns, making account limits easier to calculate and manage.
The Turbo account carries the strictest overall risk limits, while the Classic and 2-Step models offer slightly more flexibility.
Breakout: Trading instruments
Breakout focuses exclusively on cryptocurrency trading.
The platform currently provides access to 62 crypto trading pairs, Bitcoin and Ethereum markets and Major altcoin pairs. Compared to multi-asset CFD firms, Breakout remains specialized entirely in digital assets.
Breakout uses its own proprietary trading platform called Breakout Terminal. The platform is available on Web, iOS and Android.
Unlike many competitors, Breakout does not support third-party trading platforms such as MetaTrader 5, cTrader, or TradingView.
This proprietary-only infrastructure helps the company maintain a more controlled ecosystem, though it may be limiting for traders accustomed to established third-party platforms and custom tool integrations.
Breakout: Leverage
Breakout applies relatively conservative leverage limits compared to some higher-risk crypto prop firms.
Asset Type | Leverage |
BTC / ETH | 5:1 |
Altcoins | 2:1 |
The leverage model reflects a more risk-controlled approach consistent with institutional trading standards.
Breakout: Profit split
Breakout offers an 80% default profit split for funded traders. Traders can increase the split to 90% by purchasing an add-on during checkout.
Payouts are handled entirely in USDC on the Ethereum network through RiseWorks.
The platform supports on-demand withdrawals as well as 24/7 payout requests. Typical processing times are 12 to 24 hours.
Breakout: Bottom line
Breakout positions itself as a streamlined, institutionally backed crypto prop trading platform focused on simplicity, fast payouts, and reduced trading restrictions.
Its strongest advantages include Kraken ownership, on-demand USDC withdrawals, the absence of consistency rules, and flexible evaluation structures with no time pressure.
However, the platform’s limitations include relatively low leverage, a maximum account size of $200,000, non-refundable evaluation fees, and the lack of support for major third-party trading platforms like MT5 or TradingView.
Top crypto prop trading firms in 2026: HyroTrader
HyroTrader is a crypto-only proprietary trading firm based in Bratislava, Slovakia, operating since 2020. The firm says it has worked with more than 30,000 traders and processed over $4 million in verified payouts.
Its main differentiator is real exchange execution through Bybit’s live order book via API integration, meaning trade execution, spreads, and liquidity conditions mirror those on a personal Bybit account.
Unlike many prop firms that rely on simulated environments, HyroTrader routes trades through actual exchange infrastructure. For traders who prioritize realistic market conditions and execution accuracy, this is one of the platform’s strongest selling points.
HyroTrader: Evaluation structure
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Profit split70% starting, scaling to 80% after ~4 months and 90% after ~16 months
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LeverageUp to 5:1 on BTC/ETH (Bybit execution), up to 100:1 on CLEO platform
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PlatformsBybit API execution (real exchange) and CLEO platform
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Supported crypto700+ crypto pairs
HyroTrader is a crypto-only proprietary trading firm based in Bratislava, Slovakia, operating since 2020. The firm emphasizes real exchange execution through Bybit via API integration, meaning trades are executed directly on live order books with realistic spreads and liquidity conditions. It reports working with more than 30,000 traders and processing over $3.5 million in verified payouts.
HyroTrader operates within a crypto-focused trading ecosystem built around real exchange execution on Bybit and an alternative CLEO platform for restricted regions. The ecosystem includes access to 700+ crypto pairs, structured scaling plans, and performance-based profit split increases up to 90%.
HyroTrader offers both 1-Step and 2-Step evaluation models:
Feature | 1-Step | 2-Step |
Profit target | 10% | 10% Phase 1 + 5% Phase 2 |
Minimum trading days | 5 days | 10 days |
Daily loss limit | 4% trailing | 5% trailing |
Maximum drawdown | 6% | 10% static |
Account sizes range from $5,000 to $200,000 initially, with scaling potential up to $1 million USDT for consistently profitable traders.
The firm also applies a 40% consistency rule during the evaluation stage, limiting how much total profit can come from a single trading day. After funding, however, there is no ongoing consistency requirement.
HyroTrader: Profit split and scaling
HyroTrader starts traders with a 70% profit split, which is lower than some competing crypto prop firms that begin at 80%. However, the split can increase gradually over time:
Milestone | Profit Split |
Starting funded account | 80% |
After ~4 months | 90% |
The increase is structured in roughly 5% increments every four months for traders maintaining strong performance.
Challenge fees begin at approximately $89 for a $5K 2-Step account and $119 for a $5K 1-Step account. Evaluation fees are refundable after the trader receives their first funded payout.
HyroTrader: Payout system
HyroTrader supports on-demand payouts once traders reach a minimum withdrawal threshold of $100. Most payouts are reportedly processed within 12 to 24 hours.
However, payouts are available only in stablecoins, specifically USDT or USDC. There are no direct fiat bank transfer options.
Another notable restriction is the platform’s 5% maximum withdrawal cap per payout. Traders cannot withdraw more than 5% of their account balance in a single payout request, even if profits substantially exceed that amount.
For highly profitable traders, this can slow capital access and force earnings to be withdrawn gradually over multiple payout cycles.
HyroTrader supports two trading environments:
- Bybit API integration for real exchange execution
- CLEO platform using Binance market data
The CLEO option exists primarily for traders in restricted jurisdictions, including the United States, where direct Bybit access is unavailable.
The platform provides access to more than 700 crypto trading pairs, with leverage reaching up to 100:1 on CLEO, while leverage on Bybit varies depending on the trading pair.
HyroTrader: Bottom line
HyroTrader positions itself as a more realistic alternative to traditional simulated crypto prop firms by offering direct exchange execution through Bybit. That makes it particularly attractive for experienced crypto traders who care about authentic fills, liquidity depth, and order-book behavior. For disciplined traders prioritizing real market execution over maximum payout flexibility, HyroTrader remains one of the more distinctive crypto prop firms currently operating.
Top crypto prop trading firms in 2026: Fintokei
Fintokei is a Czechia–based proprietary trading firm launched in April 2023 that focuses on simulated CFD trading evaluations across forex, indices, metals, energy, and crypto markets.
The company positions itself not simply as a prop firm, but as an education and trader evaluation platform designed to help traders improve discipline, build track records, and potentially connect top performers with regulated portfolio management partners.
The firm supports several major trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, giving traders flexibility across different execution environments and charting preferences.
Fintokei offers three primary evaluation models:
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Profit splitVaries by program
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LeverageUp to 1:100 on FX and metals
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PlatformsMetaTrader 4, MetaTrader 5, cTrader, TradingView
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Supported cryptorypto CFDs with leverage up to 1:2
- 3-Step Challenge
- 2-Step Challenge
- 1-Step Challenge
Each program differs in leverage, risk parameters, and progression requirements. Unlike firms that offer instant funding, Fintokei focuses heavily on evaluation-based progression and trader consistency.
The company states that funded accounts are simulated rather than live brokerage accounts. Trading takes place in a demo environment using real market quotes from liquidity providers. Fintokei openly notes that simulated performance may differ from live-market execution because trades are not executed in actual market conditions.
Fintokei: trading instruments and markets
Fintokei provides access to multiple CFD asset classes: forex (FX), metals, indices, energy and crypto.
This broad product range makes it more diversified than many crypto-only or forex-only prop firms.
One of Fintokei’s strongest competitive points is platform variety. Traders can choose between MetaTrader 4, MetaTrader 5, cTrader and TradingView.
Brokerage infrastructure is provided through Purple Trading Seychelles. Leverage varies depending on both the asset class and challenge type.
Asset | 1-Step | 2-Step | 3-Step |
FX | 1:25 | 1:100 | 1:25 |
Metals | 1:25 | 1:100 | 1:25 |
Indices | 1:20 | 1:50 | 1:20 |
Energy | 1:10 | 1:20 | 1:10 |
Crypto | 1:2 | 1:2 | 1:2 |
The 2-Step program offers the highest leverage, particularly for forex and metals traders.
Fintokei: fees and commissions
Fintokei uses a straightforward commission structure.
Asset | Commission |
FX | $6 per round lot |
Metals | $6 per round lot |
Indices | $0 |
Energy | $0 |
Crypto | $0 |
This pricing is relatively competitive, especially for index and crypto traders where no commissions are charged.
Fintokei: rules
Fintokei applies consistency restrictions designed to discourage excessive reliance on single-day gains.
With the Evaluation Phase, no more than 40% of the profit target can come from one trading day. The Funded Phase means no more than 1% of total profit relative to the starting balance can come from a single day.
These rules heavily favor stable, repeatable performance over high-risk trading spikes. While this may appeal to disciplined traders, it can disadvantage high-conviction or event-driven strategies.
Fintokei supports multiple payment methods:
- Apple Pay
- Google Pay
- Credit/debit cards
- Crypto
- Wire transfer
Payouts are available via bank wire transfer and crypto. The firm markets itself as offering relatively fast payouts and high profit-sharing structures, though payout terms vary depending on the specific program.
Fintokei: scale and trading limits
Fintokei advertises scaling opportunities up to €4 million in trading capital for successful traders who maintain long-term consistency.
This positions the company among the larger scaling-focused CFD prop firms currently operating in Europe.
Fintokei restricts access for users connected to several jurisdictions, including Russia, Belarus, North Korea and India. Restrictions may apply based on residence, nationality, registration status, or other legal ties to restricted countries.
The firm currently holds a reported review score of approximately 4.7/5 from a limited number of public reviews. Despite being relatively new compared to older prop firms, Fintokei has gained visibility due to its educational branding, platform support, and flexible challenge structures.
Fintokei: instant payouts
One of Fintokei's biggest differentiators is its Instant Payouts system, which the company describes as the first of its kind in the FX/CFD prop trading industry.
Introduced in August 2025, the feature was designed to eliminate the long approval queues and account freezes that are common across many prop firms.
Payout requests are automatically approved within seconds, with the fastest recorded approval taking just 2.8 seconds. Most requests are reportedly processed within 10–20 seconds.
The process is designed so that traders can request a payout with a single click while keeping their account active. The requested amount is deducted from the account balance, but trading can continue without interruption.
For users utilizing the Walletory wallet-to-wallet payment method, payouts of up to $10,000 can arrive within seconds. Larger payouts, bank transfers, and crypto withdrawals are typically processed within one business day.
Fintokei: loyalty Program
Another unique feature of Fintokei is its Loyalty Program, which rewards traders not only for successful results but also for activity, consistency, and participation.
The program is built around an Experience Points (XP) system that allows traders to accumulate points through activities such as purchasing challenges, passing evaluation phases, completing missions, receiving payouts, etc. XP never expires, allowing traders to progress through tiers at their own pace.
As traders advance through six loyalty tiers, they unlock permanent account enhancements that go beyond traditional payout increases. Benefits include free challenge accounts, performance reward ratio boosts, higher daily and maximum loss limits, and virtual capital increases of up to 25% on funded accounts.
The highest tier offers a free $100,000 ProTrader challenge, a 20% performance reward boost, increased risk limits, and a 25% virtual capital increase.
Traders can continue earning XP even when they fail a challenge. Fintokei explicitly states that the system is designed to reward effort, learning, and long-term development rather than only profitable outcomes.
Fintokei: bottom line
Fintokei positions itself as a hybrid between a prop trading firm and a trader development platform. Its strongest advantages include broad platform support, diversified CFD markets, scaling potential up to €4 million, and flexible challenge structures.
For traders seeking a structured, discipline-oriented evaluation environment with access to multiple asset classes and professional trading platforms, Fintokei stands out as one of the newer European prop firms gaining traction in the CFD funding space.
Top crypto prop trading firms in 2026: SabioTrade
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Profit splitUp to 90% on standard plans, up to 95% on Apex Day Trading plan
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LeverageUp to 1:30
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PlatformsProprietary SabioTraderoom (Web and Mobile)
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Supported cryptoCrypto CFDs as part of a 250+ instrument offering
SabioTrade is an Ireland-based trading evaluation platform launched in 2023 by Codevil IT Engineering Limited. The company positions itself as a simulated trading and trader development ecosystem rather than a traditional prop firm, combining education, skill assessment, mentorship and performance-based reward programs.
SabioTrade combines simulated trading evaluations with a full educational infrastructure that includes the Academy, one-on-one mentorship, live webinars, and a community platform. The ecosystem provides access to more than 250 instruments across forex, crypto, indices, and ETFs through its proprietary SabioTraderoom platform.
SabioTrade is a simulated trading evaluation platform operated by Codevil IT Engineering Limited, headquartered in Dublin, Ireland. Officially launched in 2023, the company positions itself as a combination of trader education, skill assessment, and performance-based rewards rather than a traditional proprietary trading firm.
Its core model is built around a simulated trading environment in which participants demonstrate their trading ability through structured evaluations. Rather than offering live-funded accounts, SabioTrade provides Award Accounts and performance rewards based on performance achieved in its simulated ecosystem.
One of the platform’s key differentiators is its emphasis on education. In addition to evaluations, traders gain access to the Academy, mentorship programs, webinars, and a community environment designed to help develop trading skills and risk-management discipline.
SabioTrade: Evaluation models
SabioTrade primarily operates through a one-step evaluation model with no overall time limit.
Feature | Standard plans | Day trading |
Profit target | 10% | 12% |
Minimum trading days | Effectively 3 days (due to consistency requirements) | Effectively 3 days (due to consistency requirements) |
Daily loss limit | 5% | 4% |
Maximum drawdown | 6% trailing | 5% trailing |
Time limit | None | None |
Leverage | Up to 1:30 | Up to 1:100 |
The platform offers account sizes ranging from $20,000 to $1,000,000, with pricing varying according to the selected plan.
Unlike many firms that impose strict deadlines, SabioTrade allows traders to complete evaluations at their own pace. However, participants must remain active by placing at least one trade every 30 days.
SabioTrade: Consistency rule
SabioTrade applies a consistency rule designed to encourage steady performance rather than large one-day gains.
No single trading day may account for more than 40% of total simulated profits. If a trader exceeds this threshold, the profit target is automatically adjusted upward to make sure no single day's simulated profit accounts for more than 40% of the new target profit
This structure rewards consistent trading behavior and discourages high-risk approaches that rely on a small number of outsized winning trades.
SabioTrade: Profit split and rewards
Reward distribution varies depending on the selected plan.
Plan type | Reward distribution |
Essential | 80% |
Plus | 80% |
Advanced | 90% |
VIP PRO | 90% |
Ultimate | 90% |
Prime | 90% |
Supreme | 90% |
Flash | 90% |
Blaze | 90% |
Daybreak | 90% |
Surge | 90% |
Apex | 95% |
Unlike many prop firms that operate on monthly payout schedules, SabioTrade allows reward requests every seven days.
The company does not offer a scaling program, meaning traders cannot increase account size beyond the initial plan purchased.
SabioTrade processes reward requests within three business days and charges no withdrawal fees.
Rewards can be received through bank transfer or cryptocurrency wallet.
The platform does not impose a technical minimum reward amount, allowing traders to request rewards regardless of size.
SabioTrade: Trading instruments and platforms
SabioTrade provides access to more than 250 instruments across multiple asset classes, including:
- Forex
- Cryptocurrencies
- Indices
- ETFs (excluding SEC-regulated securities)
The company does not offer stocks or other SEC-regulated assets, particularly for users in the United States.
Trading takes place through the proprietary SabioTraderoom platform, available on both web and mobile devices. The platform includes more than 100 technical indicators, custom alerts, and an integrated economic calendar.
SabioTrade: Trading rules
SabioTrade allows news trading but prohibits several trading practices deemed abusive or excessively risky.
Restricted activities include high-frequency trading, hedging, cross-account hedging, mirror trading, latency arbitrage, all-in trading strategies, and certain forms of automated trading.
Overnight and weekend holding are also prohibited on Day Trading accounts, where positions are automatically closed at the end of each trading day.
SabioTrade: Bottom line
SabioTrade positions itself as a trader development ecosystem rather than a conventional prop firm. Its combination of education, mentorship, simulated evaluations, and high-reward distributions makes it particularly appealing to traders seeking a structured environment focused on skill-building and consistency.
The platform's strengths include a one-step evaluation model, no time limits, up to 95% reward distribution, multiple payment methods, and a comprehensive educational offering.
For traders seeking a simulation-based evaluation platform with strong educational resources and relatively straightforward rules, SabioTrade offers one of the more comprehensive ecosystems currently available.

U.Today Editorial Team
Dan Burgin