Crypto funded account: how it works and how to get one
A crypto funded account is the simulated account a prop firm gives you once you pass its evaluation, or straight away with instant funding. This page follows one from the fee to the first payout, at the three firms of our crypto prop firm ranking.
By FundedFast Editorial
Fact-checked by Gabriele Nigro · 3 November 2026
Where to get a crypto funded account: our three picks
These are the top 3 of our crypto prop firm ranking, in the same order. Each line says how the route to a funded account works at that firm; the check below puts the fees, targets and payout rules side by side.
1. HyroTrader. Three evaluations to choose from. One-Step asks for 10% in at least 5 trading days, Two-Step for 10% and then 5% over at least 10, and Zero-Step for 10% with a one-day minimum at a higher fee. Once funded you can request a payout as soon as the account is in profit, and the One-Step or Two-Step fee comes back with the first split.
2. Kraken Prop. One evaluation with three plans, Starter, Intermediate and Advanced, with targets of 10%, 12% and 9% and maximum losses of 6%, 5% and 3%. There is no time limit and no minimum number of trading days, and payouts are on demand into your Kraken account, typically within 24 hours. The fee is not refunded.
3. FXIFY. Two crypto-only routes: a one-step evaluation with a 9% target and at least 4 trading days, or instant funding with no evaluation at about twice the fee. Both funded accounts need 7 trading days, keep no single day above 25% of the profit and pay every 14 days at 80%; the one-step also offers 100% monthly.
A crypto funded account is a simulated account from a prop firm: you pay a fee, pass its evaluation or skip it with instant funding, then trade crypto prices under its loss limits and receive a share of the profit, 80% to start at the three firms below. You never own the coins, and what you can lose is the fee, not the trading losses. HyroTrader, Kraken Prop, and FXIFY all offer one; facts checked up to October 28, 2026.
Funded account check
From fee to first payout, firm by firm
Each row repeats the firm's own published terms for its crypto programmes, with one link to the firm's page under its name. Fees are for a $50,000 account, paid once; where a firm states nothing, the cell says so.
| Firm | Route to funded | Fee, $50,000 account | Profit target | Minimum trading days | When you can withdraw | Fee refunded |
|---|---|---|---|---|---|---|
| HyroTradersource | Route to fundedEvaluation: One-Step, Two-Step or Zero-Step | Fee, $50,000 accountOne-Step$499 one-timeTwo-Step$379 one-timeZero-Step$629 one-time | Profit target10% (One-Step, Zero-Step); 10%, then 5% (Two-Step) | Minimum trading daysOne-Step5 trading daysTwo-Step10 trading daysZero-Step1 trading day | When you can withdrawOn demand once the funded account is in profit; processed within 24 hours | Fee refundedWith the first profit split (One-Step, Two-Step); not on Zero-Step |
| Kraken Propsource | Route to fundedOne-step evaluation, three plans | Fee, $50,000 accountStarter$400 one-timeIntermediate$280 one-timeAdvanced$180 one-time | Profit target10% (Starter), 12% (Intermediate), 9% (Advanced) | Minimum trading daysNone | When you can withdrawOn demand, typically within 24 hours, into your Kraken account | Fee refundedNo: the evaluation fee is non-refundable |
| FXIFYsource | Route to fundedOne-step evaluation or instant funding | Fee, $50,000 account1 Step$499 one-timeInstant Funding$999 one-time | Profit target9% (1 Step); none on Instant Funding | Minimum trading days4 to pass the 1 Step; 7 on the funded account (both plans) | When you can withdrawEvery 14 days at 80%, or monthly at 100% (1 Step); every 14 days (Instant Funding) | Fee refundedNot stated |
Is a crypto funded account real money?
The trading balance is not. Each of the three firms here runs the account on simulated funds: your orders move a demo balance, nothing is bought on an exchange in your name, and you never hold the coins you trade. What is real is the payout. When a funded account shows a profit, the firm pays you a share of it under its terms, 80% to start at all three firms, in USDT or USDC at HyroTrader and straight into your Kraken account at Kraken Prop. The money you put in is the fee for the evaluation or the instant account. The account's trading losses are not yours to pay: a breach ends the account instead. That is the difference from an exchange account, where your own deposit takes every loss, and from copy trading, where you follow another trader with your own funds. The price of that protection is the rulebook: loss limits, minimum days and payout rules decide what you keep.
How do you get a crypto funded account?
There are two routes. The usual one is an evaluation: you pay a one-time fee, trade a simulated account until it reaches a profit target, and stay inside a daily and a maximum loss limit while you do. A one-step evaluation has a single target; a two-step one splits it into two stages, such as HyroTrader's 10% and then 5%. In our crypto comparison, 13 firms sell a one-step evaluation that lists crypto and 11 firms sell a two-step one. The other route is instant funding, offered by 6 firms: you pay more and start on the funded account at once, with no target, but its rules apply from the first trade, and FXIFY's instant account still has a 7-trading-day minimum. Minimum trading days set the fastest possible pace, from none at Kraken Prop to 10 on HyroTrader's Two-Step. Beyond that floor, the time it takes depends on how you trade.
What ends a crypto funded account?
A breach of a loss limit, at any hour. Crypto trades every day, and all three firms here let crypto positions stay open over the weekend, so the daily and maximum loss limits keep counting on Saturday and Sunday. The daily limit is measured from a fixed point each day: at HyroTrader that is your equity at 00:00 UTC, and the floor does not move up when you are in profit. The maximum loss is a fixed amount below the starting balance at HyroTrader and Kraken Prop, while FXIFY's crypto plans use a 6% trailing drawdown. Funded accounts can also add rules the evaluation did not have: HyroTrader caps total margin at 25% of the starting balance and open positions at twice that balance, with one warning per limit, and FXIFY applies its 25% consistency rule only once you are funded. A breach closes the account, and the next attempt starts with a new fee.
Worked example
Worked example: from fee to first payout on a $50,000 account
Take a $50,000 crypto account that makes $2,000, or 4%, once it is funded. At HyroTrader's One-Step you pay $499, reach 10% ($5,000) in at least 5 trading days without losing 4% ($2,000) in a day or 6% ($3,000) in total, then request the payout with all positions closed: 80% of $2,000 is $1,600, and the $499 fee comes back with that first split. At Kraken Prop's Intermediate plan you pay $280 for a 12% target ($6,000) with a 5% maximum loss, take the same $1,600 on demand and get no refund; buying the 90% split raises the fee to $336 and the payout to $1,800. At FXIFY's 1 Step you pay $499 for a 9% target in at least 4 trading days, then, after at least 7 funded trading days with no day above 25% of the profit, receive the $1,600 on the 14-day cycle. The fee is the price of the attempt; the loss limits decide whether you reach the payout.
Frequently asked
What is a crypto funded account?
A simulated trading account that a prop firm gives you after you pass its evaluation, or at once with instant funding. You trade crypto prices, mostly Bitcoin, Ether and other large coins, under the firm's loss limits, and the firm pays you a share of the profit under its payout terms. You never own the coins. FundedFast does not sell funded accounts: it compares the firms that do.
Can you get a crypto funded account for free?
Not from the three firms in this guide: each charges a one-time fee, which for a $50,000 account runs from $180 for Kraken Prop's Advanced plan to $999 for FXIFY's instant funding. The free routes that exist elsewhere are mostly free trials and trading competitions; our guide to free prop firm challenges compares them.
Can you get a crypto funded account on Binance?
None of the three firms here runs on Binance. HyroTrader links your own Bybit or BloFin demo account by API, or uses its own platform; Kraken Prop runs inside the Kraken Pro terminal; FXIFY's crypto plans run on DXtrade. Whatever the platform, the account is simulated: the exchange holds no coins for you, and payouts come from the firm under its own terms.
How do withdrawals from a crypto funded account work?
Each firm sets its own cycle. HyroTrader pays on demand once the funded account is in profit and every position is closed, in USDT or USDC, with at least $100 after the split and at most 5% of the starting balance per request. Kraken Prop pays on demand into your Kraken account, typically within 24 hours. FXIFY's crypto plans pay every 14 days at 80%, and its 1 Step also offers 100% monthly; its crypto page does not state the payout method.
How long does it take to get a crypto funded account?
As long as reaching the target takes you, with a floor set by the minimum trading days: none at Kraken Prop, 1 on HyroTrader's Zero-Step, 4 on FXIFY's 1 Step, 5 on HyroTrader's One-Step and 10 on its Two-Step. Kraken Prop and HyroTrader set no time limit on the evaluation. FXIFY's instant funding skips the evaluation altogether, at about twice the fee of its 1 Step.
Do you get the evaluation fee back?
At HyroTrader, yes on the One-Step and Two-Step: the fee is returned with your first profit split, as a separate crypto transaction. Its Zero-Step fee is not refundable once the challenge starts. Kraken Prop states that the evaluation fee is non-refundable. The FXIFY crypto pages we read say nothing about a refund.
What happens if you break a rule on a crypto funded account?
Breaking the daily or maximum loss limit ends the evaluation or the funded account. To try again you buy a new evaluation: Kraken Prop lets you do that at any time at the normal fee, and HyroTrader's pages state no discounted retry price. HyroTrader's funded accounts give one warning before a second breach of the margin or position-size cap ends them.
FundedFast is a publisher, not a broker, and is not regulated by any financial authority. Nothing on this page is investment advice, and a prop firm challenge is a fee-based evaluation, not an investment. Figures come from each firm's own published terms on the dates shown, and firms change their rules, so check the firm's page before you pay.