Side-by-side: drawdown, payouts, pricing, platforms. HyroTrader uses EOD-trailing (no lock), Fundednext uses EOD-trailing + lock — these are different beasts.
| Dimension | HyroTrader | Fundednext |
|---|---|---|
| Drawdown mechanic | EOD-trailing (no lock) | EOD-trailing + lock |
| Cheapest eval | $79 | $299.99 |
| Profit split | 90% | 95% |
| Payout frequency | Daily | 5 Days |
| Max funding | $1 Mio. | $300,000 |
| Max payout | — | — |
| Assets | Crypto | Forex, Futures |
| Platforms | ByBit | Ninjatrader, Tradingview, Tradovate, MatchTrader |
| Payout methods | Crypto | Skrill, PayPal, Crypto |
| Promo code | VIBES (5% off) | VIBES (30% off) |
| Paul-tested | Research-based | Yes |
HyroTrader uses EOD-trailing (no lock) while Fundednext uses EOD-trailing + lock. Your risk approach needs to adjust when switching.
MLL trails end-of-day equity-high forever — no lock. Intraday drops forgiven, profitable days raise floor permanently.
MLL trails up at end-of-day until it reaches starting balance, then locks. Intraday drops don't reset.
HyroTrader offers 4 plans. Fundednext offers 4 plans.
HyroTrader's cheapest evaluation is $79. Fundednext's cheapest is $299.99. HyroTrader wins on entry price by $220.99.
HyroTrader uses EOD-trailing (no lock). Fundednext uses EOD-trailing + lock. These are fundamentally different — your risk model needs to change when switching between them.
HyroTrader: 90%. Fundednext: 95%.
HyroTrader is research-based on this site — Paul has not yet completed a full evaluation cycle there. Fundednext also Paul-tested with documented payouts.
Yes. Different prop firms have no shared compliance — running them in parallel is the standard playbook for funded traders looking to diversify firm-risk. Track each firm's rule changes independently.
HyroTrader payout cadence: Daily. Fundednext: 5 Days. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.
No cross-firm compliance overlap. Each firm 1099s independently for US residents. Cross-firm copy-trading rules only matter inside a single firm's account family.
Drawdown mechanic comes first. Fundednext offers lock-protection on first profits — favors traders who scale slow. After mechanic, evaluate payout speed and your strategy's drawdown profile.
