The Funded Desk

FTMO Alternatives for Crypto Traders

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

The short answer

FTMO alternatives matter to a crypto trader for one reason: on FTMO the crypto is a CFD in a simulated account. Seven firms are scored here on the cost of access, payout terms, hurdles before payment, the firm's own rules and where an order finally goes, and Goat Funded Trader leads at 12.7 of 20.

What decides it

1
FTMO sets the benchmark this page measures against: €439 for $100,000, refunded in full with the first reward, on a simulated account.
2
Only one scored firm sends an order to a real market: HyroTrader, through a Bybit API connection.
3
Cheaper than FTMO on list price: Breakout at $330 and Goat Funded Trader at $438; every other programme here costs more.

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

FTMO alternatives ranked on five criteria, September 2026

FTMO is the firm the others are measured against, and fairly so: since 2015 it states 4.5 million customers and $650 million paid in rewards on its own home page, and the one-time fee comes back in full with a first reward. What sends a crypto trader looking is narrower — a CFD instrument, weekend hours tied to platform maintenance, four minimum trading days. Ordered by the overall score out of 20; every row is a firm selling access to its own capital.

#ProgrammeScoreRouteFee for $100,000Trader keepsLoss limitWhere the order goes
1Goat Funded Trader12.7One-step challenge, $100,000$438100%fixedsimulated
2Breakout11.11-Step Turbo, $100,000$33080%fixedsimulated
3HyroTrader9.8One-step evaluation, $100,000$57980%fixedexchange order book
4FTMO9.31-Step FTMO Challenge, $100,000$50490%fixedsimulated
5BrightFunded7.9One-step evaluation, $100,000$54890%fixedsimulated
6Crypto Fund Trader5.8One-phase evaluation, $100,000$66080%fixedsimulated
7SabioTrade5.4Single assessment, scaled from the $50,000 plan$57880%trailingsimulated

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.

1. Goat Funded Trader — fit: keeping the whole profit after a single challenge

12.7 of 20 · breakdown

Goat Funded Trader is FTMO's shape with the dials turned further. A one-step challenge for $100,000 lists at $438 against FTMO's €439, the fee is refundable, and the advertised split is 100% rather than up to 90%, paid on request inside 24 hours or the firm adds $1,000. Everything stays simulated, and an identity check gates the funded stage and the reward.

Programme gives

  • A 100% profit split, paid on request, in crypto to a wallet if the trader wants it that way
  • The fee comes back with the first payout, and no consistency rule delays one

Programme takes back

  • An identity check is required before the funded stage and before any reward
  • Every stage runs on simulated capital, so no order of the trader's reaches a market

Not for: a trader who wants to stay wallet-only, because the identity check is not optional.

Official site: goatfundedtrader.com

2. Breakout — fit: the cheapest evaluation on this list

11.1 of 20 · breakdown

Breakout undercuts FTMO at the door and at the payout window, then takes the difference back in rules. A $100,000 evaluation is $330 for Turbo, $545 for Pro and $800 for Classic, one-time, on an 80/20 split with a 90/10 upgrade at checkout. No minimum trading days, no consistency rule, no time limit, withdrawals on demand above $50 in USDC. The cheap tier carries the tightest leash: a 3% static drawdown against a 9% target.

Programme gives

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

Programme takes back

  • Evaluation fees are non-refundable for each attempt once trading begins, whatever the outcome
  • Its own disclosure names a conflict of interest: the firm may book a trade idea internally, and it earns again each time an evaluation is repurchased

Not for: a trader who needs room to be wrong, since the cheap tier gives the least of it.

Official site: breakoutprop.com

3. HyroTrader — fit: an evaluation whose orders reach an exchange

9.8 of 20 · breakdown

HyroTrader closes the one gap FTMO cannot close for a crypto trader: execution. Funded accounts run through a Bybit API connection across 700+ USDT perpetual pairs, so a filled order exists in an exchange book, not on a demo server. A $100,000 account costs $579, the fee returns with the first payout, and withdrawals run on demand above $100 in about twelve hours. Its rule set is the strictest here: mandatory stop-losses, consistency requirements, five minimum trading days against four at FTMO.

Programme gives

  • Orders execute through a real exchange connection across 700+ perpetual pairs
  • The challenge fee returns with the first payout, which is paid on demand above $100

Programme takes back

  • Mandatory stop-losses and consistency requirements are written into the rule set, and the two-step route adds a 5% verification target
  • Breaching the 4% daily drawdown or the 6% maximum loss forfeits the account outright

Not for: discretionary traders who dislike a mandatory stop on every position.

Official site: hyrotrader.com

4. FTMO — fit: a long published record and a fee returned in full

9.3 of 20 · breakdown

FTMO is the reference point, and it earns that. The firm has run since 2015 and states 4.5 million customers, $650 million paid in rewards and 140+ countries served on its own home page. A $100,000 one-step challenge is €439, refunded in full with the first reward, against a 10% target, a 5% daily loss limit, a 10% maximum loss and four minimum trading days, on MT4, MT5 or cTrader. For a crypto trader the gap is the instrument.

Programme gives

  • The one-time fee is refunded in full with the first reward
  • A published record of scale, 4.5 million customers and $650 million paid in rewards since 2015

Programme takes back

  • Crypto is available as a CFD only, and weekend hours depend on each platform's maintenance window
  • Accounts are simulated throughout, so no position of the trader's reaches a market, and four minimum trading days delay a first reward

Not for: a trader who wants funding rates and a live crypto order book rather than a CFD symbol.

Official site: ftmo.com

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

7.9 of 20 · breakdown

BrightFunded reads like FTMO with the extras moved onto a price list. One-step and two-step evaluations run from $5,000 to $200,000, €477 for $100,000, with a 4% daily and 8% total loss limit and five minimum trading days. The split is up to 90% as standard and up to 100% through a loyalty programme, with payouts guaranteed inside 24 hours.

Programme gives

  • Up to 90% as standard, rising towards 100% through the loyalty programme
  • No consistency rule, and payouts guaranteed inside 24 hours

Programme takes back

  • A fee refund, weekly payouts, the 90% ratio and no minimum days are all paid add-ons
  • All trading practices occur within a simulation environment, by the firm's own wording

Not for: a trader who reads the headline split and never checks what switching it on costs.

Official site: brightfunded.com

6. Crypto Fund Trader — fit: the widest instrument list on an evaluation

5.8 of 20 · breakdown

Crypto Fund Trader answers the instrument complaint head on, with 715 crypto pairs alongside forex, indices, stocks and commodities, leverage up to 1:100, on MetaTrader 5, Match-Trader or Bybit. A $100,000 account is $660, the dearest here, with an 8% then 5% target, a 5% daily and 10% overall loss limit, and no deadlines or minimum trading days.

Programme gives

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

Programme takes back

  • A payout is checked against a rule that no single day holds more than 40% of total profits
  • The operator states it is not authorised or licensed in Switzerland and provides educational services

Not for: a trader who wants to take one outsized day and withdraw it.

Official site: cryptofundtrader.com

7. SabioTrade — fit: a single assessment with training attached

5.4 of 20 · breakdown

SabioTrade replaces the challenge ladder with one assessment: $119 for a $20,000 balance, $289 for $50,000, an 80% split from the first payout, weekly withdrawals and 250+ assets. No $100,000 plan is listed, so the price scored here is the $50,000 plan scaled up. For a crypto trader the terms read worse than FTMO's, not better.

Programme gives

  • An 80% split from the first payout, with no scaling requirement to reach it
  • Weekly withdrawals and one assessment instead of 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, and a consistency rule caps one day at 55% of the plan's target profit

Not for: a crypto trader who needs more size per dollar of margin than 1:3 allows.

Official site: sabiotrade.com

EVEDEX Funded Trading, described rather than ranked

Not scored Exchange programme

It answers a different question from FTMO and from everything in the table, and it carries no total: 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.

No challenge is sold and no firm capital sits behind the account. The trader posts margin, 3,335 USDT for a 100,000 nominal (EVEDEX funded trading documentation, read 18 September 2026), and trades it on the exchange's own order book. No evaluation, no profit share, no rule that ends the account — and the margin is the trader's own money.

Programme gives

  • No evaluation, no minimum trading days and no consistency rule in front of a withdrawal
  • The trader keeps 100% of profit and can withdraw the actual USDT balance at any time

Programme takes back

  • The margin at risk is the trader's own from the first trade, where an evaluation fee is the whole stake elsewhere
  • Funded subaccounts run in the web interface 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 to post, which is exactly the case an evaluation is sold for.

What you give up by leaving FTMO

Scale is the part that does not transfer. FTMO publishes 4.5 million customers, $650 million paid in rewards and 140+ countries served; nothing else here publishes figures of that order, and a payout promise is only as good as the balance sheet behind it.

What does transfer is the complaint that starts the search. A CFD on bitcoin is a contract with the firm, priced off a market the trader never touches; a perpetual on an exchange book has a funding rate, a liquidation price and a counterparty queue. Only HyroTrader and EVEDEX Funded Trading answer that, in opposite ways: one connects to Bybit, the other raises the nominal against margin the trader posts.

How to pick among the FTMO alternatives

Start from the thing FTMO cannot do for you. If execution is the point, HyroTrader is the only evaluation here that routes to an exchange, and it charges five minimum trading days, a mandatory stop-loss and a consistency rule. If the split is the point, Goat Funded Trader advertises 100% behind an identity check. If entry price is the point, Breakout is $330 and keeps it whatever happens.

If the reason for leaving is that a simulated account is not a market, no prop firm fixes it. EVEDEX Funded Trading is not a prop firm: the trader posts margin, receives a larger nominal, nobody lends them capital, and only the real balance can be withdrawn. That removes the evaluation and the profit share, and puts the trader's own money in front of the first position.

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

What are the best FTMO alternatives for crypto traders?

It depends on the complaint. For execution on a real market, HyroTrader routes funded accounts to Bybit. For price, Breakout charges $330 against FTMO's €439. For the whole profit, Goat Funded Trader advertises 100%. For no evaluation at all, EVEDEX Funded Trading raises nominal against margin the trader posts.

Is FTMO good for crypto trading?

It works, with one caveat. FTMO lists crypto as a CFD beside forex, indices and equities, so the position is a contract with the firm rather than an order in a crypto market, and weekend hours on cryptocurrencies vary by platform because of scheduled maintenance.

Which prop firm is cheaper than FTMO?

Two of the eight, on list prices. Breakout charges $330 for a $100,000 evaluation and Goat Funded Trader $438, against FTMO's €439. HyroTrader is $579, BrightFunded €477 and Crypto Fund Trader $660. The cheaper the product, the tighter the leash: Breakout's $330 tier allows a 3% drawdown.

Do any FTMO alternatives refund the challenge fee?

Two do it on the same terms FTMO does. HyroTrader returns the challenge fee with the first payout and Goat Funded Trader calls its fee refundable. Breakout states fees are non-refundable for each attempt once trading begins. BrightFunded sells a 100% refund as a paid add-on.

Can you trade crypto on weekends with a prop firm?

It depends on the venue, not on crypto. FTMO states weekend hours on cryptocurrencies may vary on each platform because of weekly scheduled maintenance. HyroTrader runs through a Bybit connection to perpetual markets that trade continuously, and EVEDEX Funded Trading sits on an exchange book where crypto pairs trade without a session.

Which funded programme has no evaluation at all?

Two routes in this list skip the target. Goat Funded Trader sells an instant funding model alongside its challenges, and EVEDEX Funded Trading has no evaluation because the margin behind the nominal belongs to the trader. Neither is free: one charges a fee up front, the other requires margin.

How many minimum trading days does FTMO require?

Four. FTMO's rules set four minimum trading days before a reward, and the two-step route adds a 10% target followed by a 5% one. BrightFunded and HyroTrader both ask for five days. Breakout, Crypto Fund Trader and Goat Funded Trader set none, which is why they score higher on hurdles.

Compiled by The Funded Desk. Updated: .