HyroTrader Rules

HyroTrader's plans state a maximum drawdown of 6% of the account size, across 1 plan. A consistency rule applies: profit Distribution Rule: no single trading day may contribute more than 40% of the total net result, during the evaluation phases only; funded accounts have none. News trading is conditional: trading solely based on news events is not allowed; positions do not need to be closed during news and trading can continue as usual.

HyroTrader's plans state a maximum drawdown of 6% of the account size, across 1 plan.

A daily loss limit of 4% is stated on 1 of 1 plans; where a plan shows a dash, no daily figure is recorded for it.

In HyroTrader's words

Plan figures: “With Two-Steps, take the longer route to funding 5 trading days and a 10% profit target in Phase 1, followed by verification in Phase 2 with 5% profit target” www.hyrotrader.com

A consistency rule caps how much of your total profit a single trading day may account for. Here is what HyroTrader states.

In HyroTrader's words

Consistency limit: “No single trading day may contribute more than 40% of the trader’s total net result (including both profits and losses).” www.hyrotrader.com/…/what-are-the-risk-management-conditions-at-hyrotrader

Consistency rule: “This rule is valid only during the evaluation phase (Phase 1 and Phase 2).” www.hyrotrader.com/…/what-are-the-risk-management-conditions-at-hyrotrader

In HyroTrader's words

Minimum trading days: “In the 1-Step Challenge, traders are required to complete 5 trading days. In the 2-Step Challenge, traders must complete a total of 10 trading days.” www.hyrotrader.com/…/how-many-days-do-i-have-to-complete-the-challenge

Time limit: “There is no specific time limit for completing the evaluation phases of the challenge.” www.hyrotrader.com/…/how-many-days-do-i-have-to-complete-the-challenge

In HyroTrader's words

News trading: “Trading solely based on news events is not allowed, as it is considered a highly risky strategy.” www.hyrotrader.com/…/is-news-trading-allowed

Expert advisors and automated trading: “Trading bots connected via API are permitted.” www.hyrotrader.com/…/can-i-use-trading-bots-or-signal-bots-during-the-challenge-or-on-a-funded-account

Copy trading: “Copy trading other traders is not allowed.” www.hyrotrader.com/…/is-copy-trading-allowed

Hedging: “Hedging is allowed on a single Bybit account but is not supported on the Cleo platform.” www.hyrotrader.com/…/what-are-the-risk-management-conditions-at-hyrotrader

Martingale and grid strategies: “The use of the Martingale strategy is strictly prohibited.” www.hyrotrader.com/…/what-are-the-risk-management-conditions-at-hyrotrader

High-frequency and latency arbitrage: “High-Frequency Trading (HFT) strategies are not permitted.” www.hyrotrader.com/…/can-i-use-trading-bots-or-signal-bots-during-the-challenge-or-on-a-funded-account

In HyroTrader's words

Weekend holding: “You are allowed to keep your positions open throughout the night and even over the weekend.” www.hyrotrader.com/…/do-i-have-to-close-my-positions-overnight

Overnight holding: “No, it is not required to close your positions overnight when trading with a HyroTrader funded account.” www.hyrotrader.com/…/do-i-have-to-close-my-positions-overnight

Capital scaling requires at least 20% total profit and an account in profit when requesting it, with reinvestment into new challenges; the firm describes a path to 1,000,000 USDT.

In HyroTrader's words

Scaling plan: “Achieve a total profit of at least 20% to qualify for scaling.” www.hyrotrader.com/…/scaling-plan

Largest account size: “Trading capital 200,000 USDT” www.hyrotrader.com

Maximum allocation: “Your total allocation across challenge and verification accounts may be up to $400,000, while your total allocation across funded accounts may not exceed $200,000.” www.hyrotrader.com/…/how-many-accounts-can-i-have

In HyroTrader's words

Maximum number of accounts: “The maximum capital allocation per user is $200,000 across all active challenges.” www.hyrotrader.com/…/what-are-prohibited-trading-actions

Prohibited instruments: “Trading options or USDC pairs” www.hyrotrader.com/…/what-are-prohibited-trading-actions

Account sharing: “Sharing credentials is prohibited and will result in immediate termination and forfeiture of any pending rewards.” www.hyrotrader.com/…/terms-and-conditions

Inactivity: “Yes, if your most recent trading day is older than 30 days, your account will be disabled.” www.hyrotrader.com/…/do-you-have-an-inactivity-rule (the page is ambiguous on this)

These were not stated on the pages of HyroTrader's site we read. They may be published somewhere we did not look, which makes them the questions to put to its support desk before paying.