HyroTrader vs Kraken Prop – Prop Firm Comparison
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Introduction
When comparing prop trading firms, HyroTrader and Kraken Prop each offer distinct paths to funded trading. HyroTrader is based in Slovakia, through Hyro Finance, founded in 2022, and is known for real USDT perpetual execution on your own Bybit account and a staged path onto a real-capital sub-account. Kraken Prop is based in the British Virgin Islands, through Payward Oceanic Ltd, launched as the Kraken rebrand of the acquired firm Breakout, and stands out for running inside Kraken Pro and settling payouts to a Kraken wallet in under 24 hours. Both are crypto-first operations, but their evaluation structures, drawdown models, pricing and payout terms differ in ways that suit different trader profiles.
Quick Facts
| Feature | HyroTrader | Kraken Prop |
|---|---|---|
| Founded | 2022 | 2026 |
| Profit Split | 80-90% | 80/20 standard; 90/10 paid upgrade |
| Maximum Account Size | $200,000 | $200,000 |
| Evaluation Phases | 2 | 1 |
| Trustpilot Rating | Not available | Not available |
| Expert Grade | 7.6 | 8.5 |
Program Types
| Program | HyroTrader | Kraken Prop |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | Not available |
| Demo Account | Yes | No |
Rules & Assessment
| Criteria | HyroTrader | Kraken Prop |
|---|---|---|
| Profit Target | 8-12% | How it works, and what you actually buy - Starter: 10% How it works, and what you actually buy - Intermediate: 12% How it works, and what you actually buy - Advanced: 9% |
| Maximum Drawdown | 10-12% | How it works, and what you actually buy - Starter: 6% How it works, and what you actually buy - Intermediate: 5% How it works, and what you actually buy - Advanced: 3% |
| Minimum Trading Days | 8-10 | 0 |
| News Trading | Yes | Yes |
| Daily Loss Limit | Not available | How it works, and what you actually buy - Starter: 3% How it works, and what you actually buy - Intermediate: 3% How it works, and what you actually buy - Advanced: 3% |
Fees & Pricing
| Option | HyroTrader | Kraken Prop |
|---|---|---|
| CFD $10K Account | Listed challenge / USD 99 / One-time | Not listed in review pricing source |
| CFD $25K Account | Listed challenge / USD 199 / One-time | Not listed in review pricing source |
| CFD $50K Account | Listed challenge / USD 299 / One-time | Not listed in review pricing source |
| CFD $100K Account | Listed challenge / USD 499 / One-time | Not listed in review pricing source |
| CFD $200K Account | Listed challenge / USD 799 / One-time | Not listed in review pricing source |
| Crypto $5K Account | Not listed in review pricing source | Starter / USD 45 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 33 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 20 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $10K Account | Not listed in review pricing source | Starter / USD 85 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 65 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 40 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $25K Account | Not listed in review pricing source | Starter / USD 215 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 150 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 95 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $50K Account | Not listed in review pricing source | Starter / USD 400 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 280 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 180 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $100K Account | Not listed in review pricing source | Starter / USD 800 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 545 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 330 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $200K Account | Not listed in review pricing source | Intermediate / USD 1090 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 660 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Refund Policy | Challenge fee refunded with first payout | non-refundable once trading begins |
| Coupons / Discount | HyroTrader discount | Kraken Prop discount |
Platforms & Markets
| Feature | HyroTrader | Kraken Prop |
|---|---|---|
| Trading Platforms | Bybit, Tealstreet, Cleo | Kraken Pro |
| Forex | No | No |
| Stocks | No | No |
| Indices | No | No |
| Commodities | No | No |
| Cryptocurrencies | Yes | Yes |
| Bonds | Not available | No |
| EA/Algo Trading | Yes | No |
Payout
| Feature | HyroTrader | Kraken Prop |
|---|---|---|
| Payout Terms | Bank Wire (2-3 days), PayPal (1-2 days), Skrill (same day), Crypto (same day), Wise (1-2 days), Revolut (same day) | On demand, under 12 hours, guaranteed within 24 hours; $50 minimum; direct to Kraken wallet |
| See all prop firm payouts → | ||
Verdict
| Key Element | HyroTrader | Kraken Prop |
|---|---|---|
| Strengths | Direct exchange integration on Bybit, Up to 90% profit split, Hourly USDT/USDC payouts, 700+ crypto pairs | Real infrastructure via Kraken Pro, one-off fee, no time limits or consistency rules, fast payouts to Kraken wallet, $50 minimum payout |
| Weaknesses | Crypto-only assets, Stop loss required, Newer firm (2022), 4-6% daily drawdown limits | Unregulated BVI operator, notional capital can be B-booked, tight drawdowns, 90% split is paid add-on, crypto-only, third-party strategies prohibited |
| Best For | Crypto traders seeking real market execution with competitive profit splits | Crypto traders seeking fast single-phase evaluation with direct wallet payouts |
Frequently asked questions
What should I know about HyroTrader’s programs?
HyroTrader was founded in 2022 and carries a JoinProp Rating of 7.6 out of 10. Our comparison table lists a 2-phase evaluation, an 8-12% profit target and a maximum funded account of $200,000. Trading platforms are listed as MetaTrader 4, MetaTrader 5, TradingView, cTrader. On the same table scaling is offered, a demo account is available and an entry level program is available. Confirm the current terms for the exact account you buy before you fund it.
What should I know about Kraken Prop’s programs?
Kraken Prop was founded in 2026 and carries a JoinProp Rating of 8.5 out of 10. Our comparison table lists a 1-phase evaluation, a 9-12% depending on plan profit target and a maximum funded account of $200,000. Trading platforms are listed as Kraken Pro. On the same table a demo account is not offered and an entry level program is available. Confirm the current terms for the exact account you buy before you fund it.
How do payouts differ between HyroTrader and Kraken Prop?
HyroTrader lists a profit split of 80-90%. Its payout terms are listed as Bank Wire (2-3 days), PayPal (1-2 days), Skrill (same day), Crypto (same day), Wise (1-2 days), Revolut (same day).
Kraken Prop lists a profit split of 80/20 standard; 90/10 paid upgrade. Its payout terms are listed as On demand, under 12 hours, guaranteed within 24 hours; $50 minimum; direct to Kraken wallet.
Which account rules matter when comparing HyroTrader and Kraken Prop?
HyroTrader applies 10-12% as its maximum drawdown. It also lists an 8-12% profit target and 8-10 minimum trading days. On this firm news trading is permitted and EAs and algorithms are permitted.
Kraken Prop applies 3-6% depending on plan as its maximum drawdown. It also lists a 9-12% depending on plan profit target and no minimum trading days. On this firm news trading is permitted and EAs and algorithms are not permitted.
Is HyroTrader or Kraken Prop automatically the better choice?
No, neither firm is the automatic pick, and the honest answer depends on how you actually trade.
HyroTrader Strengths: Direct exchange integration on Bybit and Up to 90% profit split. Watch-outs: Crypto-only assets and Stop loss required. Best suited to: Crypto traders seeking real market execution with competitive profit splits.
Kraken Prop Strengths: Real infrastructure via Kraken Pro and one-off fee. Watch-outs: Unregulated BVI operator and notional capital can be B-booked. Best suited to: Crypto traders seeking fast single-phase evaluation with direct wallet payouts.
Which one wins for you depends on how each firm measures drawdown, what the account actually costs once resets and add-ons are included, and the evaluation objectives on the exact size you buy, rather than on the headline numbers. Check both sets of current terms before you fund an account.
What makes HyroTrader stand out among prop firms?
HyroTrader is based in Slovakia, through Hyro Finance, founded in 2022, and is best known for real USDT perpetual execution on your own Bybit account and a staged path onto a real-capital sub-account. With an 80-90% profit split and a 2-step evaluation, it is aimed at crypto traders seeking real market execution with competitive profit splits.
How does Kraken Prop differ from HyroTrader?
Kraken Prop is based in the British Virgin Islands, through Payward Oceanic Ltd, launched as the Kraken rebrand of the acquired firm Breakout, and differentiates itself through running inside Kraken Pro and settling payouts to a Kraken wallet in under 24 hours. With an 80/20 standard; 90/10 paid upgrade profit split and a 1-step evaluation, it is particularly suited to crypto traders seeking fast single-phase evaluation with direct wallet payouts.
Which firm offers better payouts, HyroTrader or Kraken Prop?
HyroTrader offers an 80-90% profit split with Bank Wire (2-3 days), PayPal (1-2 days), Skrill (same day), Crypto (same day), Wise (1-2 days), Revolut (same day). Kraken Prop offers an 80/20 standard; 90/10 paid upgrade profit split with On demand, under 12 hours, guaranteed within 24 hours; $50 minimum; direct to Kraken wallet. The better choice depends on whether you prioritise split percentage or payout speed.
What are the drawdown rules at each firm?
HyroTrader applies 10-12%, with a profit target of 8-12%. Kraken Prop applies 3-6% depending on plan, with a profit target of 9-12% depending on plan. Crypto drawdowns are tighter than the forex norm because the underlying asset is more volatile.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. HyroTrader is best suited to crypto traders seeking real market execution with competitive profit splits, while Kraken Prop is better aligned with crypto traders seeking fast single-phase evaluation with direct wallet payouts. New traders should start with the smallest available account size and read the full rulebook before committing.
What happens if I fail the evaluation at either firm?
Reset and retry terms vary between crypto prop firms, and neither firm penalises future attempts based on a previous failure. Check the current reset pricing and refund terms on each firm official site before buying, because these change often.
Conclusion and Final Recommendation
Choose HyroTrader if you want a demo account to test the platform first. Choose Kraken Prop if a shorter evaluation at 1 phase, no minimum trading days and a cheaper entry, from USD 45 matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
How We Compared HyroTrader and Kraken Prop
Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.