The Funded Desk

Crypto Prop Firms for Perpetual Traders

Updated: . Costed by The Funded Desk off each firm's own list prices and rule pages.

The short answer

One scored firm puts a perpetual order into a live book: HyroTrader, through a Bybit API connection across 700+ USDT perpetual pairs. The remaining crypto prop firms for perpetual traders sell CFD symbols or simulated accounts, and an exchange margin tier is described under the table rather than scored beside them.

What decides it

1
One scored route reaches a real book: HyroTrader, through a Bybit API connection to 700+ USDT perpetual pairs.
2
What separates first place from second is not the market count: Crypto Fund Trader lists 715 crypto pairs and they are all demo.
3
FTMO calls its crypto a Crypto CFD and warns that weekend hours may vary with each platform's maintenance window.
4
A CFD symbol has no funding leg, so a strategy built on paying or collecting funding cannot be run on six of these eight programmes.

Weights: Cost of access 34 · Payout terms 26 · Evaluation model 14 · Risk rules 18 · Instruments 8 · how we rate

Crypto prop firms for perpetual traders, ranked on instruments

Ordered by the instruments criterion alone: 6 points where an order reaches an exchange book, plus 4 for a published market count of 100 or more and 2 for a smaller one. Programmes level on that criterion share a place and are listed by their overall score. The Markets column repeats each firm's own count, published as 700+ by HyroTrader and 250+ by SabioTrade; "n/a" marks a firm that publishes no crypto market count on the pages we read.

#ProgrammeMarketsScoreRouteFee for $100,000Trader keepsLoss limitWhere the order goes
1HyroTrader7009.8One-step evaluation, $100,000$57980%fixedexchange order book
2=Crypto Fund Trader7155.8One-phase evaluation, $100,000$66080%fixedsimulated
2=SabioTrade2505.4Single assessment, scaled from the $50,000 plan$57880%trailingsimulated
4=Goat Funded Tradern/a12.7One-step challenge, $100,000$438100%fixedsimulated
4=Breakoutn/a11.11-Step Turbo, $100,000$33080%fixedsimulated
4=FTMOn/a9.31-Step FTMO Challenge, $100,000$50490%fixedsimulated
4=BrightFundedn/a7.9One-step evaluation, $100,000$54890%fixedsimulated

Prices are each firm's list price for $100,000 of trading nominal. Equal totals share a place. Eligibility is set by each firm's own terms and by where a trader lives. Terms read on 22 September 2026 in each firm's own documentation. Fees are the firm's list price for $100,000 of trading nominal; where a firm sells no $100,000 tier, the nearest one is scaled and the method page says so. "=" marks programmes that share a place.

1. HyroTrader — fit: perpetual pairs on an exchange connection

9.8 of 20 · breakdown

HyroTrader is the one evaluation here whose funded orders leave the firm's own system. Execution runs through a Bybit API connection across 700+ USDT perpetual pairs, with Tealstreet and Cleo as alternative terminals. A $100,000 account costs $579, returned with the first payout, and profit is paid on demand above $100 in about twelve hours.

Programme gives

  • Funded orders execute through a Bybit API connection across 700+ USDT perpetual pairs
  • The $579 fee comes back with the first payout, and payouts run on demand above $100

Programme takes back

  • Mandatory stop-loss and consistency requirements are part of the rule set
  • Breaching the 4% daily drawdown or the 6% maximum loss forfeits the account

Not for: a trader who wants to open a position without a stop attached to it.

Official site: hyrotrader.com

2. Crypto Fund Trader — fit: the longest symbol list, priced as CFDs

5.8 of 20 shared place · breakdown

Crypto Fund Trader publishes the widest instrument list on this page — 715 crypto pairs plus forex, indices, stocks and commodities on MetaTrader 5, Match-Trader or Bybit, with leverage up to 1:100. A count is not the same as access: the firm says in its own words that it is all demo, no real capital involved. A $100,000 account costs $660.

Programme gives

  • 715 crypto pairs and four other asset classes on a single account
  • No deadlines and no minimum trading days on the evaluation

Programme takes back

  • Capital is simulated throughout, so no real market position is created for the trader
  • A payout is checked against a rule that no single day holds more than 40% of total profits

Not for: a trader who wants a funding payment rather than a platform quote.

Official site: cryptofundtrader.com

2. SabioTrade — fit: a single assessment with crypto held at low leverage

5.4 of 20 shared place · breakdown

SabioTrade lists 250+ assets including cryptocurrencies and runs one assessment instead of a ladder, at $119 for a $20,000 balance and $289 for $50,000, with an 80% split from the first payout and weekly withdrawals. Crypto sits at 1:3 leverage, which the firm ties to the highest leverages allowed by the ESMA.

Programme gives

  • An 80% split from the first payout, with no scaling requirement to reach it
  • Weekly payouts and a single assessment rather than a two-phase ladder

Programme takes back

  • Crypto leverage is capped at 1:3, the lowest in this comparison
  • Requesting a withdrawal resets the trailing drawdown to the starting balance

Not for: anyone sizing a perpetual position, because the crypto leverage cap sits under every other programme here.

Official site: sabiotrade.com

4. Goat Funded Trader — fit: keeping the whole profit on a platform symbol

12.7 of 20 shared place · breakdown

Goat Funded Trader is the highest-scoring prop firm on this site's overall formula and one of four at the foot of this page, because crypto pairs trade on the firm's own platform beside FX, stocks and ETFs and no market count appears on the pages we read. A $100,000 one-step challenge costs $438, refundable, with a 100% split paid within 24 hours of a request.

Programme gives

  • A 100% profit split with payouts on request, in crypto to a wallet if wanted
  • The fee comes back with the first payout, and there is no consistency rule

Programme takes back

  • Capital is simulated at every stage, so only the reward is real money
  • Rewards and the funded stage both require passing an identity check

Not for: a perpetual trader, because the crypto here is a platform symbol rather than an exchange contract.

Official site: goatfundedtrader.com

4. Breakout — fit: the cheapest entry when execution is not the point

11.1 of 20 shared place · breakdown

Breakout prices the cheapest entry in this list, $330 for a 1-Step Turbo on $100,000, with payouts on demand above $50 in USDC and no minimum trading days. Where the order goes is answered in its own disclosure: the firm may record a trade idea as an internal administrative book entry and calculate a hypothetical result without routing anything.

Programme gives

  • The lowest entry price here, with no minimum trading days and no time limit
  • Payouts on demand, 24/7, from $50 after the split, in USDC to a wallet

Programme takes back

  • A trade idea may never reach a market, because the firm can book it internally
  • Evaluation fees are non-refundable for each attempt once trading begins, whatever the outcome

Not for: a trader who needs the position to exist somewhere outside the firm's own ledger.

Official site: breakoutprop.com

4. FTMO — fit: a refunded fee on a Crypto CFD route

9.3 of 20 shared place · breakdown

FTMO is the largest firm here by its own numbers, 4.5 million customers and $650 million paid in rewards, and the plainest about what its crypto is. The symbol table lists Crypto CFD beside forex, exotics, metals, cash indices and equities. A one-step $100,000 challenge costs €439, refunded in full with the first reward, on MT4, MT5 or cTrader.

Programme gives

  • The one-time fee is refunded in full, 100%, with the first reward
  • No time limit on the evaluation, and a record of scale the firm publishes itself

Programme takes back

  • Crypto is a CFD, and weekend hours depend on each platform's maintenance window
  • Accounts are simulated throughout, so no position of the trader's reaches a market

Not for: anyone who wants a funding rate and a market that does not close for maintenance.

Official site: ftmo.com

4. BrightFunded — fit: a high split without a consistency rule

7.9 of 20 shared place · breakdown

BrightFunded sells one-step and two-step evaluations from $5,000 to $200,000, at €477 for $100,000, with a 4% daily and 8% total loss limit, five minimum trading days and no consistency rule. Its own wording settles the instrument question, because all trading practices occur within a simulation environment, so a perpetual here is a simulated symbol.

Programme gives

  • Up to 90% split as standard, rising through a loyalty programme
  • No consistency rule, and payouts guaranteed inside 24 hours

Programme takes back

  • Accounts are demo throughout, and rewards are paid on simulated performance
  • Several rules a trader would want — no minimum days, a 90% ratio, a fee refund — are paid add-ons

Not for: a perpetual trader, since the environment is a simulation by the operator's own wording.

Official site: brightfunded.com

EVEDEX Funded Trading, described rather than ranked

Not scored Exchange programme

Its orders reach a real book, which is why the page describes it, and it carries no total, because four of the five criteria price capital a firm puts up and none is put up here. The method page sets the decision out in full.

This is not a prop firm. The trader posts margin — 3,335 USDT for a 100,000 nominal — and trades that nominal on the exchange's own order book across 52 perpetual markets. Nobody lends the capital and there is no evaluation, so a challenge is not the same purchase.

Programme gives

  • No evaluation phase, no minimum trading days and no consistency rule
  • Orders reach the exchange's own order book, and the trader keeps 100% of profit

Programme takes back

  • The money at risk from the first trade is the trader's own margin, where a fee is the whole stake elsewhere
  • Funded subaccounts are web only, with no API access
  • The larger nominal is not firm capital, so nothing beyond the posted margin can be withdrawn

Not for: a trader with no capital of their own, which is the exact case the prop model was built for.

What changes when the order reaches a book

A perpetual future has no settlement date, and the mechanism that holds its price near spot is a funding payment exchanged between the long and short sides of an order book. That payment exists only because the book does. On a CFD account the price is a quote from the firm or its platform, the position is an agreement with that firm, and there is no funding leg for the trader to pay or collect at all.

Three consequences follow, and none of them needs a figure to be true. A carry strategy built on funding cannot be run on a CFD symbol. Weekend behaviour is set by a maintenance calendar rather than by a market that never closes, which is why FTMO warns that weekend hours on cryptocurrencies may vary on each platform because of weekly scheduled maintenance. And a fill on a simulated account is produced by the firm's own engine, so what a trader reads as slippage is a modelling decision rather than the depth of a book. Leverage sharpens all three: a position sized against a nominal you do not own can be closed by a rule long before the market has decided anything.

How the instruments criterion is scored

Instruments is worth 10 of the 100 points in this site's formula and asks two questions. Does an order reach an exchange order book, worth 6 points, and does the firm publish how many markets it runs, worth 4 above 100 markets and 2 below. HyroTrader answers both at full marks, with a Bybit API connection and 700+ USDT perpetual pairs. EVEDEX Funded Trading answers the first the same way and the second with 52 perpetual markets, which is where the whole gap between first and second place on this page comes from.

The middle of the table is the opposite trade. Crypto Fund Trader publishes 715 crypto pairs and SabioTrade 250+ assets, so both collect the breadth points and lose the execution ones. Breakout, Goat Funded Trader, FTMO and BrightFunded publish no crypto market count on the pages we read and sell CFD or simulated symbols, so they sit level on this criterion and are separated only by their overall scores. Nothing in this column says whether a firm pays.

What this desk actually read

Fee, target, loss limits, split, payout terms — all copied off each firm's pricing and rule pages on 22 September 2026, then run through one weighted formula, written 23 September 2026 before any of it was read (the method). 7 programmes priced, none bought.

Simulated capital is the norm here: a payout comes off the firm's balance sheet, not a filled position. Terms are promises, too — a fair rule set can still mean weeks of argument over a withdrawal, which no document shows.

Questions traders ask

Which crypto prop firms let you trade actual perpetual futures?

Two of the eight programmes covered here. HyroTrader sends funded orders through a Bybit API connection, so they land on an exchange book across 700+ USDT perpetual pairs. EVEDEX Funded Trading, printed under the table rather than scored, works on the exchange's own book across 52 perpetual markets. The other six trade CFD symbols or a demo environment.

What is the difference between a crypto CFD and a perpetual future?

A perpetual is a contract traded against other participants on an order book, with a funding payment passing between longs and shorts to hold the price near spot. A CFD is an agreement with the firm quoting it. The screen can look identical; the counterparty, the funding leg and the fill are not.

Do prop firm accounts pay or receive funding rates?

Only where the order reaches a book. On a CFD or simulated account there is no counterparty exchanging funding, so a carry strategy has nothing to collect and nothing to pay. None of the firms here publishes a funding schedule of its own, which is itself the answer for the six CFD routes.

Can you trade crypto on a prop account at the weekend?

It depends on the platform rather than on the market. FTMO states that weekend trading hours on cryptocurrencies may vary on each platform because of weekly scheduled maintenance. An exchange book keeps no such calendar, and the EVEDEX Funded Trading terms describe perpetual markets running 24/7, which is a different constraint entirely.

How does HyroTrader execution differ from the rest?

Its funded accounts run through a Bybit API connection, with Tealstreet and Cleo as alternative terminals, over 700+ USDT perpetual pairs. That is an exchange account the firm controls, not a demo server. The rule set pays for it: mandatory stop-losses, consistency requirements and five minimum trading days.

Is EVEDEX Funded Trading a prop firm?

No. The trader posts their own margin and receives a larger trading nominal, so nobody lends them capital and only the actual balance can be withdrawn. A prop firm sells an evaluation and pays a reward calculated on its own simulated balance. Same word on the label, two different things to buy.

Which programme publishes the most crypto markets?

Crypto Fund Trader, with 715 crypto pairs, ahead of HyroTrader's 700+ USDT perpetual pairs and SabioTrade's 250+ assets across all classes. Breakout, FTMO, Goat Funded Trader and BrightFunded publish no crypto count on the pages we read. A long symbol list and an exchange connection are separate questions.

Compiled by The Funded Desk. Updated: .