Prop trading firms are companies that allow you to trade with their capital, not yours. You prove your trading skills through a challenge, and if successful, you secure a funded account. Profit is split between you and the prop firm.
For many traders, using a prop trading firm is the fastest way to get larger capital that’s not from their income. As of 2025, crypto prop trading firms have become popular, and that’s because the entry barrier is low. You no longer need tens of thousands to trade account sizes. Instead, you pay a one-time fee, manage risks, and scale.
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| Firm Name | Evaluation Type | Consistency Rule | Profit Split (%) | Payout Frequency | Max Leverage | Bots Allowed | Max Funded Account Size | |
|---|---|---|---|---|---|---|---|---|
|
1
Hola Prime |
Evaluation Type
One-step / Two-step / Instant
|
Consistency Rule
No
|
Profit Split (%)
65
|
Payout Frequency
Weekly
|
Max Leverage
1:2
|
Bots Allowed
Yes
|
Max Funded Account Size
$100000
|
|
|
2
FundedNext |
Evaluation Type
One-step / Two-step / Instant
|
Consistency Rule
Yes
|
Profit Split (%)
95
|
Payout Frequency
Bi-weekly
|
Max Leverage
1:1
|
Bots Allowed
Yes
|
Max Funded Account Size
$200000
|
|
|
3
Pipfarm |
Evaluation Type
One-step / Two-step / Instant
|
Consistency Rule
Yes
|
Profit Split (%)
70
|
Payout Frequency
Bi-weekly
|
Max Leverage
1:30
|
Bots Allowed
Yes
|
Max Funded Account Size
$100000
|
|
|
4
Hyro Trader |
Evaluation Type
One-step / Two-step
|
Consistency Rule
Yes
|
Profit Split (%)
70
|
Payout Frequency
Weekly
|
Max Leverage
1:100
|
Bots Allowed
Yes
|
Max Funded Account Size
$200000
|
|
|
5
FX2 |
Evaluation Type
One-step / Two-step / Instant
|
Consistency Rule
Yes
|
Profit Split (%)
80
|
Payout Frequency
Bi-weekly
|
Max Leverage
1:50
|
Bots Allowed
Yes
|
Max Funded Account Size
$100000
|
|
|
6
FTMO |
Evaluation Type
Two-step
|
Consistency Rule
Yes
|
Profit Split (%)
90
|
Payout Frequency
Bi-weekly
|
Max Leverage
1:3
|
Bots Allowed
Yes
|
Max Funded Account Size
$200000
|
|
|
7
Cryptofund Trader |
Evaluation Type
One-step / Two-step / Instant
|
Consistency Rule
No
|
Profit Split (%)
80
|
Payout Frequency
Bi-weekly
|
Max Leverage
1:100
|
Bots Allowed
Yes
|
Max Funded Account Size
$300000
|
|
|
8
Bitfunded |
Evaluation Type
One-step / Two-step
|
Consistency Rule
No
|
Profit Split (%)
80
|
Payout Frequency
Weekly
|
Max Leverage
1:5
|
Bots Allowed
Yes
|
Max Funded Account Size
$150000
|
|
|
9
PropW |
Evaluation Type
One-step / Two-step
|
Consistency Rule
Yes
|
Profit Split (%)
80
|
Payout Frequency
Weekly
|
Max Leverage
1:5
|
Bots Allowed
No
|
Max Funded Account Size
$100000
|
Prop trading firms supply the funds to back traders who prove their skill levels. Rather than trading with their own funds, crypto traders can tap into the large capital base of these prop trading firms to trade larger account sizes.
While the process is clear and transparent, traders have to prove their risk management and profitability levels to these firms through a series of evaluations. Once funded, profits from traders are split between the trader and the prop trading firm, usually between 75%-95%. The exact ratio varies by platform, account size. Overall, traders do not bear direct financial loss. They only risk their challenge fee.
Who It Suits:
Who Should Avoid It
Positioning Summary
Hola Prime is a crypto-focused prop trading firm that’s best suited for traders who value speed, flexibility, and multiple options. Best known for its 1-hour payout processing, Hola Prime offers multiple payout cycles, allowing traders to choose what works best based on their strategy and experience level.
| Metric | Detail |
| Best for | Active traders who understand strict drawdown rules |
| Crypto market | Futures |
| Max leverage | 1:2 |
| Evaluation model | One-step, Two-step, Direct funding |
| Profit split | 65% weekly to 95% monthly |
| Max funding | $300k (general platform figure) |
| Scaling plan | Up to 4 million |
Account Type and Trading Platforms
In terms of trading platforms, Hola Prime offers 5 platforms for traders: MT4, MT5, DXtrade, cTrader, Match-Trader, and TradeLocker, with access to over 110 instruments. The supported cryptocurrencies include Bitcoin, Ethereum, Bitcoin Cash, Litecoin, etc. The max leverage for crypto is 5:1
Considering all the factors reviewed, Hola Prime is not built for traders who are still experimenting or casual. Instead, they are best used by traders who understand drawdowns, manage risks tightly, and want access to fast payment. If you’re disciplined and active, Hola Prime can be a long-term partner, but if you’re still learning or you need flexibility with mistakes, Hola Prime is not the right firm for you.
Who It Suits
Who Should Avoid It?
Positioning Summary
FundedNext is a top prop trading firm that has a conservative approach to crypto trading. The platform, by design, does not encourage aggressive risk-taking. Instead, it places priority on control, consistency, and the longevity of your account.
| Metric | Detail |
| Best for | Conservative traders |
| Crypto market | CFDs |
| Max leverage | 1:1 |
| Evaluation model | 1-step, 2-step, StellarLite, Stellar Instant |
| Profit split | Varies by account model. Up to 95% |
| Max funding | $200,000 |
| Scaling plan | Yes. Up to $4 million |
Account Types and Trading Platforms
Like Hola Prime, FundedNext offers variety. You can choose from multiple evaluation models, including 1-Step, 2-Step, and Lite challenges. In terms of platforms, traders can access MT4, MT5, cTrader, and Match-Trader, which cover most of the professional trading needs.
You can also access crypto, forex, indices, and commodities. Supported cryptocurrencies include major options like Bitcoin and Ethereum, but the leverage is capped at 1:1, regardless of account type.
FundedNext is not for aggressive crypto traders; instead, we recommend it for disciplined traders who are more interested in protecting capital, staying consistent and receiving payouts conveniently.
If your crypto strategy relies on patience and tight risk management, FundedNext is a good crypto prop trading firm to use. However, if your approach focuses on high leverage and aggressive trading, FundedNext could feel restrictive.
Who It Suits
Who Should Avoid It?
Positioning Summary:
Pipfarm is a crypto prop trading firm that’s a solid fit for solo traders whose priorities are long-term, steady account growth over fast payouts. The platform has a friendly scaling system, flexible drawdown options. Overall, the rules on Pipfarm are transparent, but the system could feel restrictive to traders looking for ultra-aggressive trading or instant payouts. 
| Metric | Detail |
| Best for | Sola traders who prioritize long-term growth over instant payouts |
| Crypto market | CFDs |
| Max leverage | 1:30 |
| Evaluation model | 1-step, 2-Step, Instant |
| Profit split | Up to 95% |
| Max funding | $300,000 |
| Scaling plan | Up to $1.5 million |
Account Types, Platforms, and Tradable Crypto
Pipfarm supports crypto CFD trading on its cTrader platform, leveraging an in-house tech stack. You can trade major cryptocurrencies like Bitcoin and Ethereum with leverage capped at 1:30. Pipfarm is pretty flexible in terms of trading strategies and supports algorithmic trading. This flexibility means Pipfarm works best for both systematic and discretionary traders.
Evaluation Rules and Drawdown
Pipfarm offers a flexible drawdown structure depending on the account type. The 1-Step challenge has a 9% trailing drawdown, while the 2-Step challenge uses a 9% static drawdown. Instant accounts function with a 6% equity drawdown. For example, on a 2-Step account, total losses cannot exceed $9,000.
Fees, Payouts, and Scaling Plan
For our review, we used the $100k challenge, which cost $649 with a standard 70% profit split, which can increase over time. Payouts occur every Friday, but there are options for weekly or bi-weekly cycles. For scaling, traders can potentially get up to $1.5 million if they put up consistent performance.
Pipfarm is a good option if you value discipline, transparency, and long-term capital growth. For traders with a patient and rules-driven strategy, Pipfarm provides a reliable environment to scale. However, if your preference is speed, high leverage, or fast payouts, Pipfarm could be restrictive.
Who It Suits
Who Should Avoid It
Positioning Summary
Hyro Trader is one of the few prop trading platforms that’s exclusively focused on crypto, and offers high leverage of 1:100, making it a good option for high-risk traders who understand and can comply with strict rules. 
| Metric | Detail |
| Best for | Experienced high-risk traders |
| Crypto market | Crypto futures |
| Max leverage | 1:100 |
| Evaluation model | 1-Step, 2-Step |
| Profit split | 70-90% |
| Max funding | $200,000 |
| Scaling plan | Yes (after 4 months) |
Account Types, Platforms, and Tradeable Crypto
Hyro Trader is fully crypto-focused and uses Bybit, OKX, and CLEO platforms. For supported flexibility, Hyro offers USDT perpetuals and real-time data from Binance. The platforms allow bot trading as well as multiple trading strategies.
Evaluation Rules and Drawdown
The rules are transparent on Hyro. This review used the two-step $100k account, which I consider a popular option there. Profit targets are around 5% with a max daily loss of 5% and a total drawdown of 10%. This means on a $100,000 account, your daily losses must not exceed $5,000, and your total losses must stay under $10,000
Fees, Payout, and Scaling Plans
Hyro’s website clearly states the fees for each account type and size. Our review used the $599 challenge plan, which supports weekly payouts in USDT or USDC. Hyro offers scaling after 4 months, which means you can grow your account and possibly increase your earnings.
Hyro Trader is best used by disciplined scalpers, day traders looking for high leverage crypto exposure, and fast payouts. If you’re patient, experienced, and risk-aware, Hyro offers good growth potential. But Hyro could be too aggressive for beginners or conservative traders.
Who It Suits
Who Should Avoid It?
Positioning Summary
FX2 is a crypto prop trading firm that prioritizes being simple and easy to use. The platform’s strongest points are its low-cost challenges, multiple evaluation models, and the claim of no payout missed since inception, which makes it really good for anyone interested in stable and fast payments. However, FX2 is less appealing to traders seeking crypto-only infrastructure.
| Metric | Detail |
| Best for | Low-cost flexible funding |
| Crypto market | Crypto CFDs |
| Max leverage | 1:50 |
| Evaluation model | 1-Step, 2-Steps, Instant |
| Profit split | Up to 95% |
| Max funding | Bi-weekly |
| Scaling plan | Yes |
Account Types, Platforms, and Tradeable Crypto
For crypto support, FX2 offers crypto CFDs trading alongside forex, indices, commodities, and metals, which is good for anyone using a multi-asset trading strategy. In terms of platforms, FX2 supports Match-Trader, DXTrade, cTrader, or GooeyPro. Crypto CFDs include major assets like Bitcoin and Ethereum, with leverage capped at 1:50. FX2 allows all trading styles, including scalping and swing trading.
Evaluation Rules and Drawdown
FX2 offers several programs. The most popular plan is the 1-Step challenge, which uses a 6% trailing drawdown. While the 2-step model applies a 10% fixed drawdown. This transparency helps traders know what to expect.
Fees, Payouts, and Scaling Plan
The $100k challenge starts at $475, making FX2 one of the most affordable plans. Profit splits begin at 80% and can reach 95%. FX2 processes payouts bi-weekly through either direct crypto or Rise.
FX2 is a good choice if you want affordable access to a funded account without following complex rules. If you prefer simplicity, flexibility, and reliable payouts, FX2 has it covered. However, if you want a purely crypto-focused platform, you may want to look elsewhere.
Who It Suits
Who Should Avoid It
Positioning Summary
FTMO is one of the most established prop trading firms in the industry, built around institutional-style risk management and trader development. It stands out for its structured evaluation process, professional tools, and long-term career progression through its Premium Programme. However, its conservative crypto leverage and strict rules make it unsuitable for aggressive crypto traders.
| Metric | Detail |
| Best for | Disciplined professional traders |
| Crypto market | Crypto CFDs |
| Max leverage | 1:3 |
| Evaluation model | Two-Step |
| Profit split | Up to 90% |
| Max funding | $200,000 |
| Scaling plan | Yes. Up to $1M |
Evaluation and Drawdown Rules
FTMO uses a two-step process: the FTMO Challenge and Verification. Profit targets are 5% with a max daily loss of 5%. The total drawdown is 10%, which is good for transparency. This means that for a $100,000 account, your daily loss must stay below $5,000 and your total loss at $10,000.
Fees, Payout, and Scaling
The $100K FTMO Challenge, which this review is based on, costs around $549. FTMO offers an earning potential of up to 90% of simulated profits, which is paid bi-weekly. Traders who perform really well can progress into the Premium Programme and scale accounts up to $1 million.
FTMO is a good option for disciplined traders who prefer trading on a platform with structure and room for long-term growth over fast gains. I recommend FTMO for traders who trade with accuracy and consistency, as it offers a clear path to scaling. However, FTMO could be a poor choice for aggressive traders.
Who It Suits
Who Should Avoid It?
Positioning Summary
Cryptofund Trader is a multi-market prop trading firm that supports both crypto futures and traditional assets, making it a good option for traders who want to trade across multiple markets. The company stands out for its large number of crypto pairs (over 700+) and high leverage of 1:100. However, Cryptofund Trader offers bi-weekly payouts and high challenge fees, which could be discouraging for some traders. 
| Metric | Detail |
| Best for | Multi-market crypto futures traders |
| Crypto market | Futures |
| Max leverage | 1:100 |
| Evaluation model | Instant, 1-Phase, 2-Phases, Ascend |
| Profit split | Varies by account. from 80% |
| Max funding | $300,000 |
| Scaling plan | Yes |
Account Type, Platforms, and Tradable Crypto
Cryptofund Trader is one of the few trading firms that offers as wide crypto coverage as over 700 pairs, which is really good for crypto-focused traders. The platform also markets really low fees, with spreads starting from 0 pips. Trading platforms include their own CFT trader platform, MetaTrader 5 ( possibly restricted for US users), and Bybit. This multi-option approach offers flexibility.
Evaluation and Drawdown Rules
The rules differ across account types. Our review used the 2-step $100k account. If that’s what you’re interested in, the profit target is at 5%, with a max daily loss of 5% and a total drawdown of 10%. This means for a $100k account, your daily loss must stay less than $5,000 and your total loss at $10,000.
Fees, Payout, and Scaling
The $100k challenge cost around $660, which could be high for some traders. The weekly payout option isn’t exactly the fastest feature as well. So, this could be a drawback for some traders. Traders who stay consistent and put up good performances can scale their accounts up to $300,000 eventually.
Cryptofund Trader is one of the few platforms that offers what most traders want from a prop trading firm: high leverage, good crypto coverage. These are good points for traders who want crypto futures exposure without being limited to a single market. If your strategy involves variety and leverage across assets, Cryptofund Trader is a solid choice. However, it doesn’t work too well with fast payouts and traders seeking simplicity.
Who It Suits
Who Should Avoid It?
Positioning Summary
Bitfunded positions itself as a crypto-only prop trading firm that’s designed for experienced traders. The firm removes several limitations on trading strategies and keeps leverage low and rules tight. So, Bitfunded allows the freedom to trade as you want, but offers a slim margin for error. 
| Metric | Detail |
| Best for | Experienced crypto traders |
| Crypto market | Spot-style structure |
| Max leverage | 1:5 |
| Evaluation model | One-step, two-step |
| Profit split | 80% |
| Max funding | Weekly |
| Scaling plan | Yes |
Account Type, Platforms, and Tradable Crypto
Bitfunded allows you to trade over 100 crypto pairs, with no restrictions on your trading style. It allows weekend trading, high-impact news trading, or volatile sessions without penalties. Bitfunded uses its own custom-built platform for challenges.
Evaluation and Drawdown Rules
As always, these rules differ across account types and sizes. We reviewed Bitfunded using the 2-step $100k account. For that account, there’s a 5% profit target, a 5% daily loss limit, and a total loss limit of 8%. Compared to other platforms, Bitfunded’s drawdown is a bit higher, which shows their strict stance on risk management.
Fees, Payout, and Scaling
The $100k challenge costs around $799 and offers an 80% profit split for traders. Bitfunded offers weekly payouts, which is a huge advantage for traders who want fast cash flow. Traders can scale their account up to $150,000.
Bitfunded is a good option for confident traders, already familiar with the market and their trading style. It offers good freedom, but little room for error. So, it’s not a good option for beginners. If your edge comes from timing volatility, news, or weekend trading, Bitfunded provides the opportunity to explore your strengths. However, if your style relies heavily on high leverage, Bitfunded may not be a suitable option for you.
Who It Suits
Who Should Avoid It?
Positioning Summary
PropW is a crypto prop trading firm backed by the CoinW Group, a global crypto exchange. PropW taps into this backing to provide credibility and liquidity. In terms of its service, the firm leans more towards discipline and structure, rather than freedom, as we see in some platforms. With weekly payouts, strict drawdown rules, and no scaling plan, PropW is best used by traders who already have a refined strategy and strong risk management.
| Metric | Detail |
| Best for | Intermediate to pro traders |
| Crypto market | Crypto futures |
| Max leverage | 1:5 |
| Evaluation model | Two-step |
| Profit split | 80% |
| Max funding | $200,000 |
| Scaling plan | No |
Account Type, Platforms, and Tradable Crypto
PropW uses its own PropWARE platform, an in-house platform that provides access to advanced tools. PropW works best for traders who want clear rules and structure. For extra benefit, PropW provides pro charts and allows traders to choose between the standard and Pro modes.
Evaluation and Drawdown Rules
We used the two-step challenge for our review. This challenge comes with a 10% profit target, a 5% daily loss limit, and 8% total drawdown. In terms of strictness, PropW falls between the moderate to strict categories.
Fees, Payout, and Scaling
The standard challenge $100k account is priced at $799, offering an 80% split and weekly payouts. PropW supports multiple payment options, including USDT, Visa/Mastercard and payment processors such as LinePay and PromptPay, making deposit and withdrawal flexible.
PropW is for disciplined traders, meaning newbies might struggle to use this platform. It rewards consistency, not aggression. If you’re an intermediate or pro trader who values weekly payouts, structure, PropW could be a good partner. Traders who need scalability and leverage need to look elsewhere.
Trading Instruments and Platforms
Not all prop trading firms offer the same market support. Some offer a little mix of crypto futures or CFDs and focus more on forex, indices, and commodities. For traders whose priorities are crypto-only, it’s best to search for and use platforms like Bitfunded, whose priorities are cryptocurrencies.
It’s also important to explore their trading platforms. MT4, MT5, and cTrader are the standard. Some platforms use in-house platforms. Ensure the available platform matches your style.
Challenge Rules and Difficulty Levels
Crypto prop trading firms have different ways of testing traders. Some use a 1-step evaluation while others implement 2-step challenges. Pay close attention to the drawdown limits, max daily loss rules. Disciplined traders work best with tighter rules.
Payout Structure and Timeline
Some prop trading firms pay weekly, others bi-weekly, and some monthly. Ensure their payout schedule matches your needs. If you need cash flow, a bi-weekly schedule may not work for you.
The profit split is another area to consider. It’s usually between 70%-95% on most platforms. Scaling plans are also important if you plan to grow your account to larger sizes. Note that faster payments don’t imply better terms. A balance of speed with sustainability is always best.
Fees and Hidden Costs
The headline challenge fee isn’t the end of the story; some platforms charge reset fees if you fail the challenge phase. Some charge withdrawal fees or require some add-ons if you want higher profit splits. Always check what it’s like after you pass, not just passing the test.
Reputation
Reputation is a big area to consider. Areas to look at include how long the firm has operated, its payout track record, and transparency. It’s always best to use platforms with a healthy track record rather than a platform with big promises. As an extra tip, look for a platform with prompt customer support response.
It’s important for traders to pay attention to platform rules and transparency, especially as reports of controversial trading practices continue to surface across the industry.
Prop trading firms have different ways of evaluating traders, and each model you choose has an associated risk profile. Understanding their difference would help you know what works best for you.
One-Step Challenge
One-step challenges are a faster route to a funded account, but they cost more, and the rules there are stricter. I recommend this model for confident traders who want speed over flexibility.
Two-Step Challenge
The two-step challenge is the most common model. Traders pass an initial evaluation and then a verification phase with reduced profit targets. It’s cheaper and more forgiving, but takes longer to go through.
Instant Funding Models
Instant funding skips evaluations but carries higher risks. It comes with stricter rules, and some models seem like paid trading accounts than an actual prop firm. I recommend this for highly experienced traders who understand the risks involved.
Prop trading can be worth it if you have the skills but limited capital. It’s an easy way to access large, funded accounts without risking personal funds beyond the challenge fee. However, success requires you to observe strict discipline and comply with platform rules. Without structure, most traders fail the evaluation stage.
Prop trading firms offer a good way to secure a funded account. However, it’s important to choose a platform that offers fair rules, reliable payouts, reasonable fees, and long-term scalability. Before committing to a challenge, compare evaluations, drawdown limits, platforms, and payout structures based on your trading needs.
Choose the prop trading firm that aligns with your strategy, risk tolerance, and trading style. Traders who want to stay ahead can also follow major digital assets industry events to understand the available opportunities and market growth.
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