HyroTrader
HyroTrader
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  • How to start?
  • What is HyroTrader?
  • Why should I join HyroTrader?
  • Which platforms can I use for trading?
  • How can I become a Trader with HyroTrader?
  • Who can join HyroTrader?
  • What is the Refundable Challenge Deposit?
  • Why does HyroTrader use a refundable challenge deposit instead of an evaluation fee?
  • What is a crypto prop firm, and why would I use one?
  • Can I trade the news?
  • Do I need to use a stop loss?
  • What happens if I lose the account?
  • How fast can I get funded?
  • Is there a time limit on a challenge?
  • Can I hold trades overnight and over the weekend?
  • Can I use a trading bot or an AI agent?
  • What is the catch with the challenge deposit?
  • Can one good day carry the whole challenge?
  • Are there limits on which coins I can trade?
  • How many traders actually pass?

HomeGetting StartedCan I trade the news?

Can I trade the news?

Yes. You can trade news events however you like.

What we don't allow is a strategy that only waits for a news release, or one aimed at a pricing glitch around an announcement. Trading the market around the news is fine; farming the moment of the release is not.

HyroTrader

Backed by the community

All systems operational

All trading on HyroTrader takes place on simulated (demo) accounts that run on real exchange market data. There is no real-capital stage at any point. HyroTrader is not a broker, does not accept deposits for trading, and does not provide investment services, investment advice or portfolio management. Where you connect your own Bybit or BloFin demo account, that account is yours; the simulated balance HyroTrader allocates to a challenge or funded account is not, and a payout is a contractual share of simulated trading performance. Where you trade through a third-party exchange or terminal, you must meet that provider's own terms and eligibility rules and comply with the law of your country. The Tealstreet and Tiger terminals are not available to traders in the United States or in countries where Bybit is restricted, and you must not use a VPN or any other means to get around that. The evaluation is a genuine test of risk management, and many traders do not pass. HyroTrader's revenue comes from challenge fees. Trading financial markets carries high risk. Nothing on this site is a recommendation to trade, and it is not directed at residents of any jurisdiction where that would be contrary to local law. HyroTrader is operated by HYRO TECHNOLOGIES FZ-LLC, RAKEZ, Ras Al Khaimah, United Arab Emirates. Funded accounts are provided by HYROTRADER TECHNOLOGIES LTD, Intershore Chambers, Road Town, Tortola, British Virgin Islands. For customers in the European Economic Area and the United Kingdom, card payments are handled by Hyro Finance, j. s. a., Bratislava, Slovak Republic.

HYRO TECHNOLOGIES FZ-LLC © 2026