Side-by-side: drawdown, payouts, pricing, platforms. HyroTrader uses EOD-trailing (no lock), FundingPips uses Static — these are different beasts.
| Dimension | HyroTrader | FundingPips |
|---|---|---|
| Drawdown mechanic | EOD-trailing (no lock) | Static |
| Cheapest eval | $79 | $29 |
| Profit split | 90% | Up to 95% |
| Payout frequency | Daily | Weekly |
| Max funding | $1 Mio. | $2,000,000 |
| Max payout | — | — |
| Assets | Crypto | Forex, Metals, Indices, Energies, Crypto |
| Platforms | ByBit | MT5, cTrader, Match-Trader, TradeLocker |
| Payout methods | Crypto | Bank wire, Visa Direct, Mastercard, Crypto, Riseworks |
| Promo code | VIBES (5% off) | VIBES (20% off) |
| Paul-tested | Research-based | Yes |
HyroTrader uses EOD-trailing (no lock) while FundingPips uses Static. 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.
Fixed-dollar MLL — never moves. Simplest mechanic.
HyroTrader offers 4 plans. FundingPips offers 11 plans.
HyroTrader's cheapest evaluation is $79. FundingPips's cheapest is $29. FundingPips wins on entry price marginally.
HyroTrader uses EOD-trailing (no lock). FundingPips uses Static. These are fundamentally different — your risk model needs to change when switching between them.
HyroTrader: 90%. FundingPips: Up to 95%.
HyroTrader is research-based on this site — Paul has not yet completed a full evaluation cycle there. FundingPips 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. FundingPips: Weekly. 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. Both firms run trailing mechanics — winners decide on entry price and payout speed. After mechanic, evaluate payout speed and your strategy's drawdown profile.