Crypto prop firms for US traders
Some crypto prop firms let US residents trade, but usually on one platform only, and the exchange an account runs on has US rules of its own. This page reads the country lists and platform terms of the three firms at the top of our crypto ranking and four more that name the US on their own pages, then the terms of the exchanges behind them.
By FundedFast Editorial
Crypto prop firms and US residents: the three we rank highest
Same three firms, same order as our crypto prop firm ranking. Each line gives that firm's answer for a US resident; the check below shows the list, the platforms and the exchange terms behind it, page by page.
1. HyroTrader. The clearest answer of the three: its FAQ says the United States is not on its prohibited list, so US residents can join, and its terms add a section that applies only to them. The route is the Hyro platform, the firm's own, which needs no exchange account. The Tealstreet and Tiger terminals are not available in the United States, and a Bybit or BloFin challenge follows that exchange's terms. Payouts are in USDT or USDC.
2. Kraken Prop. Its FAQ names two countries where Kraken Prop is not available, India and Canada, and not the United States. It runs inside Kraken Pro on a Kraken account, so Kraken's own limits apply as well: Kraken does not serve residents of Maine or New York. Basic verification (email and country) is enough to buy an evaluation; a funded account needs identity verification. Payouts go into your Kraken account.
3. FXIFY. Its own pages give two answers. The site footer says FXIFY does not open accounts for residents of a list of jurisdictions that includes the United States, while its FAQ list of countries not accepted and its General Terms leave the United States out. Its crypto accounts run on DXtrade, and it does not offer MetaTrader to clients based in the United States. With the footer saying no, confirm with FXIFY before you pay.
Some do, though rarely on every platform, and the exchange behind an account can rule you out on its own. Among the three firms at the top of our crypto ranking, HyroTrader's own country list leaves the United States out, Kraken Prop's leaves the United States out and FXIFY's disagrees with its other pages on it. Four more firms in our crypto comparison name the US on their platform pages: Instant Funding and FundingPips say US residents can use Match-Trader, Top One Trader keeps MatchTrader and TradeLocker open in every country it serves, and BrightFunded closes MT5 and cTrader to them. Bybit and BloFin, the exchanges some crypto challenges run on, exclude US residents in their own terms. Firm records checked up to November 11, 2026; the check below repeats each firm's and each exchange's own wording.
US eligibility check
US residents, firm by firm and platform by platform
The first three rows are the picks of our crypto ranking; the next four are the other firms in our crypto comparison whose own pages say something specific about US residents, and they sell crypto as CFD pairs on multi-asset accounts. Each cell repeats what the firm's own pages, or the exchange's terms, said when we read them on 10 November 2026. A country missing from a list is not a promise that a firm will take you.
| Firm | The firm's own country list | Open to US residents | Closed to US residents | Where the crypto trades, and its US terms |
|---|---|---|---|---|
| HyroTrader | The firm's own country listNot on its prohibited list; its FAQ says US residents can join | Open to US residentsThe Hyro platform, the firm's own | Closed to US residentsThe Tealstreet and Tiger terminals | Where the crypto trades, and its US termsHyro platformNo exchange account neededBybit challengeBybit's terms exclude users in the United StatesBloFin challengeBloFin's terms list the United States as a restricted location |
| Kraken Prop | The firm's own country listNames India and Canada; the United States is not named | Open to US residentsKraken Pro, on the web and in the mobile app | Closed to US residentsResidents of Maine and New York, whom Kraken does not serve | Where the crypto trades, and its US termsYour Kraken account: email and country to buy an evaluation, identity verification for a funded account |
| FXIFY | The firm's own country listIts pages disagree: the footer names the United States, the FAQ list and the General Terms do not | Open to US residentsDXtrade; TradingView is listed as coming soon | Closed to US residentsMetaTrader, not offered to clients based in the United States | Where the crypto trades, and its US termsNot stated |
| Instant Funding | The firm's own country listLimits US-based traders to one platform (its platform page) | Open to US residentsMatch-Trader, which it says is available to all clients, including US-based traders | Closed to US residentsMetaTrader 5 and cTrader, offered only outside the US | Where the crypto trades, and its US termsCrypto as CFD pairs, leverage 1:2 on its standard accounts |
| Top One Trader | The firm's own country listThe United States is not on its restricted list (OFAC-based) | Open to US residentsMatchTrader and TradeLocker, both with TradingView, in every country it serves | Closed to US residentsMetaTrader 5, also closed in Canada, US territories and Puerto Rico | Where the crypto trades, and its US termsCrypto as CFD pairs: BTCUSD and ETHUSD on MatchTrader and TradeLocker |
| FundingPips | The firm's own country listNames Iran, Vietnam and the UAE; not the United States | Open to US residentsMatch-Trader: it says US and Canada residents can use it | Closed to US residentsMetaTrader 5, and cTrader for US residents and citizens | Where the crypto trades, and its US termsCrypto among its CFD instruments, at a 0.04% commission |
| BrightFunded | The firm's own country listNames six countries; not the United States | Open to US residentsDXTrade: the firm states no US limit for it | Closed to US residentsMetaTrader 5 and cTrader, for US citizens and residents | Where the crypto trades, and its US termsCrypto as CFD pairs, leverage 1:5 |
Why isn't Crypto Fund Trader one of the three?
Crypto Fund Trader's FAQ says more about US residents than most: availability depends on the platform, MetaTrader 5 is not available to users residing in the United States, Match-Trader has no country restrictions, and on Bybit the firm adds no restriction of its own but you must follow Bybit's terms. It is not among the three because the Swiss regulator FINMA lists it on its warning list (entry 'Cryptofundtrader', added 23 August 2024). That is a warning, not a finding of fraud, and our rule is not to place a firm in the top three while such an entry is published. Its profile shows the warning and its country terms.
Why does the exchange matter for a US trader?
Some crypto challenges run on an exchange account in your own name. HyroTrader's Bybit and BloFin challenges connect your own demo account on that exchange, and the firms that use Bybit tell you to follow Bybit's terms. Bybit's help centre says it does not offer services or products to users in the United States, and BloFin's terms list the United States as a restricted location, so those routes are closed to a US resident within the exchange's own rules. That is why the answer goes platform by platform: HyroTrader points US residents to its Hyro platform, which needs no exchange account; Kraken Prop runs inside Kraken Pro on a Kraken account; FXIFY's crypto accounts run on DXtrade. HyroTrader's pages also say plainly that you must not use a VPN to get around a platform's country limits.
What should a US resident check before paying?
Four things, in this order. First the firm's own country list and its date: a list that leaves the United States out is not the same as a firm saying US residents can join, and of these three only HyroTrader says that in its FAQ. Second the platform: choose one the firm says is open to US residents, not just one it sells. Third the account behind it: at Kraken Prop that is your Kraken account, which Kraken does not offer in Maine or New York. Fourth the identity check, because that is where your residency is confirmed, and it can come after you have paid: Kraken Prop sells an evaluation on basic verification and asks for identity verification before a funded account, and HyroTrader's instant account is funded only once identity verification is done. Then look at how you would be paid: HyroTrader pays in USDT or USDC, Kraken Prop into your Kraken account, and FXIFY through Rise.
Frequently asked
Are there crypto prop firms that accept US traders?
Some let US residents trade, with limits. HyroTrader's FAQ says US residents can join, on its own Hyro platform. Instant Funding and FundingPips say US residents can use Match-Trader, and Top One Trader keeps MatchTrader and TradeLocker open in every country it serves; all three close MetaTrader 5 to the US and sell crypto as CFD pairs. Kraken Prop's FAQ names only India and Canada, while Kraken itself does not serve Maine or New York. FXIFY's footer names the United States among the jurisdictions it does not open accounts for, though its FAQ list does not.
Can US residents use a crypto prop firm that runs on Bybit?
Not within Bybit's own terms. Bybit's help centre says it does not offer services or products to users in the United States, and the firms that use Bybit tell you to follow the exchange's terms: HyroTrader for its Bybit challenge, Crypto Fund Trader for its Bybit route. Both name another way in: HyroTrader its own Hyro platform where an exchange is not available, Crypto Fund Trader Match-Trader, which its FAQ says has no country restrictions.
Is Kraken Prop available in the US?
Its FAQ does not exclude the United States: it names India and Canada as the places where Kraken Prop is not available, and says any Kraken user with basic verification (email and country) can buy an evaluation. Kraken Prop needs a Kraken account, though, and Kraken's page on where it is licensed says Kraken does not offer services to residents of Maine and New York. A funded account needs identity verification on Kraken.
Can I use a VPN to join a crypto prop firm from the US?
No. HyroTrader's pages say you must not use a VPN or any other means to get around a platform's country limits, and FXIFY warns that misrepresenting the country you are based in can cost you the live account and a refund. Residency is checked at identity verification, where a VPN changes nothing, and HyroTrader's terms let it close an account and forfeit pending rewards when it learns that a trader is in a prohibited jurisdiction.
Do crypto prop firms pay US traders in crypto?
HyroTrader does: profits are paid in USDT on Tron or Solana, or in USDC on Solana or Arbitrum. Kraken Prop pays into your Kraken account, typically within 24 hours. FXIFY processes payouts through Rise. Whether you can receive and hold those assets where you live is a separate question for your own wallet or exchange.
Is a crypto prop firm legal in the US?
We can't answer that for you: it depends on where you live, and this page is not legal advice. What we can show is what the firms state. HyroTrader's terms carry a section that applies only to US residents. Kraken Prop's FAQ does not name the United States, but Kraken does not serve residents of Maine and New York. FXIFY's footer says it does not open accounts for US residents. If you are unsure, ask a lawyer where you live before you pay.
What happens if a firm finds out I am in a restricted country?
The firms say they end the account. HyroTrader's terms tell you to stop using the service if you become resident in, or move to, a prohibited jurisdiction, and let it terminate the account and forfeit pending rewards once it knows. FXIFY warns that misrepresenting your country risks the live account and a refund. Read each firm's terms on this before you pay.
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.