# FTMO Alternatives for Crypto Traders

Compiled by The Funded Desk. Programme terms read 22 September 2026; page updated 24 September 2026.

## 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 34 · payouts 26 · evaluation 14 · rules 18 · instruments 8. Rubric: https://chroniclesofwarcraft.com/scoring

## 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.

| # | Programme | Score | Route | Fee for $100,000 | Trader keeps | Loss limit | Where the order goes |
|---|---|---|---|---|---|---|---|
| 1 | Goat Funded Trader | 12.7 | One-step challenge, $100,000 | $438 | 100% | fixed | simulated |
| 2 | Breakout | 11.1 | 1-Step Turbo, $100,000 | $330 | 80% | fixed | simulated |
| 3 | HyroTrader | 9.8 | One-step evaluation, $100,000 | $579 | 80% | fixed | exchange order book |
| 4 | FTMO | 9.3 | 1-Step FTMO Challenge, $100,000 | $504 | 90% | fixed | simulated |
| 5 | BrightFunded | 7.9 | One-step evaluation, $100,000 | $548 | 90% | fixed | simulated |
| 6 | Crypto Fund Trader | 5.8 | One-phase evaluation, $100,000 | $660 | 80% | fixed | simulated |
| 7 | SabioTrade | 5.4 | Single assessment, scaled from the $50,000 plan | $578 | 80% | trailing | simulated |

Terms read 22 September 2026 in each firm's own documentation; fees are the list price for $100,000 of trading nominal.

## 1. [Goat Funded Trader](https://goatfundedtrader.com) — fit: keeping the whole profit after a single challenge

Score 12.7 of 20.

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.

- 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.
- 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.

## 2. [Breakout](https://breakoutprop.com) — fit: the cheapest evaluation on this list

Score 11.1 of 20.

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.

- 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.
- 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.

## 3. [HyroTrader](https://www.hyrotrader.com) — fit: an evaluation whose orders reach an exchange

Score 9.8 of 20.

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.

- 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.
- 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.

## 4. [FTMO](https://ftmo.com) — fit: a long published record and a fee returned in full

Score 9.3 of 20.

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.

- 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.
- 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.

## 5. [BrightFunded](https://brightfunded.com) — fit: a high split without a consistency rule

Score 7.9 of 20.

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.

- Gives: Up to 90% as standard, rising towards 100% through the loyalty programme; No consistency rule, and payouts guaranteed inside 24 hours.
- 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.

## 6. [Crypto Fund Trader](https://cryptofundtrader.com) — fit: the widest instrument list on an evaluation

Score 5.8 of 20.

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.

- Gives: 715 crypto pairs and four other asset classes on a single account; No deadlines and no minimum trading days during the evaluation.
- 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.

## 7. [SabioTrade](https://sabiotrade.com) — fit: a single assessment with training attached

Score 5.4 of 20.

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.

- 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.
- 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.

## EVEDEX Funded Trading, described rather than ranked

Not scored: 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](/scoring#which-programmes-we-score) 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.

- 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.
- 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](/scoring)). 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.

## What the firms say, in their own words

> "Trade in a simulated environment and earn performance-based rewards." — FTMO, home page, 22 September 2026.
> "Weekend trading hours on Cryptocurrencies may vary on each platform due to weekly scheduled maintenance times" — FTMO, symbols page, 22 September 2026.
> "Trade with our simulated Capital and get paid real Rewards" — Goat Funded Trader, home page, 22 September 2026.
> "Evaluation fees are non-refundable for each attempt once trading begins, regardless of outcome." — Breakout, evaluation terms, 21 September 2026.
## FAQ

### 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.

### Is a funded account the same as trading a firm's money?

Rarely. Most programmes here describe demo accounts and pay a reward calculated on simulated
performance, and FTMO, BrightFunded and Crypto Fund Trader say so in their own words. EVEDEX Funded
Trading is the opposite case: no firm capital sits behind the nominal at all.

### What happens if I breach a loss limit?

The account ends and the fee stays with the firm. That is the rule at every prop programme scored
here, FTMO included, and a second attempt means a second fee. EVEDEX Funded Trading has no such
rule: the loss stops at the posted margin.

### Do these programmes require identity checks?

Goat Funded Trader states an identity check happens before the funded stage and before rewards, the
clearest statement of the eight. Breakout and HyroTrader pay to a wallet. EVEDEX Funded Trading does
not run traditional verification to trade and screens deposits on-chain instead.

## Corrections and provenance

One published formula; every figure dated and taken from the firm's own pages. Corrections: desk@chroniclesofwarcraft.com.

The Funded Desk, desk copy of 24 September 2026

This desk is paid to publish, and a programme costed on these pages may be the party underwriting it.