“Most traders fail because they run out of money before they learn how to trade.” – Anonymous
This harsh truth is why crypto prop trading has exploded in popularity. Instead of risking your capital, you can trade with a firm’s money and keep a large portion of the profits. But is this better than trading your account?
Crypto Prop account or your capital
If you’re debating between joining a crypto prop firm or going solo, this article will break down the differences, the pros and cons, and which approach might be best for you.
Key Takeaways
- Crypto prop trading means trading with a firm’s money while keeping a share of the profits.
- Trading your account gives full freedom but comes with greater financial risk.
- Prop firms provide structured risk management and funding, while independent trading requires personal discipline and financial backing.
- Platforms like Bybit have made prop firm trading even more accessible, especially with firms like HyroTrader offering up to 90% profit retention.
What Is Crypto Prop Trading?
Crypto proprietary (prop) trading means you trade with a firm’s capital instead of your own. The firm provides funding, sets risk parameters, and shares profits with you.
How It Works
- Apply & Qualify: You typically pass a challenge or evaluation to prove your trading skills.
- Get Funded: If successful, you receive an account with the firm’s capital.
- Trade & Profit: You trade under the firm’s guidelines and split the profits.
- Scale Up: Many firms increase funding for consistent traders.
A major advantage? You don’t need to risk your own money—but you must follow the firm’s rules.
What Does It Mean to Trade Your Account?
Trading your account means using your money to buy and sell crypto assets. No one sets your rules. No evaluations. Just you and the market.
What You Need to Start
- Capital: Enough funds to sustain losses and continue trading.
- Risk Management: No external restrictions—your success depends entirely on your discipline.
- Psychological Resilience: Trading your own money can be emotionally draining.
Crypto Prop account or your capital
The upside? Total control over strategies, withdrawals, and risk. The downside? Full exposure to losses with no financial cushion.
Comparing Crypto Prop Trading vs. Trading Solo
Capital Provided
Crypto prop trading allows you to trade with a firm’s capital while trading your account means using your funds.
Risk Exposure
With prop trading, the firm absorbs the losses (to a limit), whereas, in independent trading, your funds are fully at risk.
Profit Sharing
Prop traders split profits with the firm, whereas independent traders keep 100% of their earnings.
Freedom
Trading with a prop firm means following their rules, whereas independent traders have complete flexibility.
Psychological Pressure
Prop trading involves less personal financial risk, creating a structured environment, while trading solo often brings higher emotional stress due to self-funded losses.
Scaling Potential
Prop traders can access larger capital as they prove consistency, while solo traders are limited by their funds.
Learning Curve
Prop trading requires adapting to firm rules, while independent traders must learn on their own without external guidance.
Advantages of Crypto Prop Trading
1. Trade Without Personal Risk
Losing trades don’t wipe out your savings. The prop firm covers the capital—you just need to trade profitably.
Crypto Prop account or your capital
2. Access to More Buying Power
Most traders start small. But with a crypto prop firm, you can trade significantly larger positions without needing deep pockets.
3. Structured Risk Management
Rules like maximum daily losses and position sizing prevent reckless trading. Many traders fail because they blow their accounts—prop firms force discipline.
4. Faster Scaling
With the right prop firm, consistent profitability means higher funding allocations. This is nearly impossible when trading solo unless you already have a large bankroll.
Drawbacks of Crypto Prop Trading
1. Profit Splitting
While prop firms fund you, they also take a cut. Unlike personal accounts where you keep 100% of the profits, here you might get 50%-90%, depending on the firm.
2. Trading Rules & Limits
No reckless gambling. Firms have strict risk parameters. If you violate them, you could lose access to funding.
3. Evaluation Process
Most prop firms require traders to prove their skills first through a challenge or evaluation, which can be tough.
4. Limited Strategy Freedom
Some firms restrict certain trading styles, like scalping or holding overnight positions.
Why Some Traders Prefer Trading Their Own Money
1. Full Profit Control
If you make $100,000 in profits, it’s all yours. No splitting with a firm.
2. No Restrictions
You can trade however you like—no evaluations, no rules on drawdowns, and no funding limits.
3. Long-Term Investment Potential
You can use your crypto portfolio for both trading and long-term investments.
Why Prop Trading Might Be a Better Choice
While owning your trading account gives freedom, most retail traders fail due to a lack of capital and poor risk management.
Why HyroTrader Stands Out
At HyroTrader, our traders get access to:
- Crypto prop trading on Bybit—a leading exchange for liquidity and low fees.
- Profit retention up to 90%—one of the highest in the industry.
- USDT perpetual trading—allowing leveraged positions in major crypto assets.
- Scalability—grow your funded account as you prove consistency.
With these advantages, many traders find prop trading a faster route to success.
Conclusion
Choosing between crypto prop trading and trading your own account depends on your goals, risk tolerance, and financial situation.
- Want lower risk and more capital? Prop trading is the way to go.
- Prefer full freedom and control? Trading your own money makes sense.
For most traders, prop firms provide the best opportunity to trade with larger capital while minimizing personal financial risk.
If you’re ready to trade with funded capital, join HyroTrader today!
FAQ
1. What is a crypto prop firm?
A firm that funds traders to trade crypto with its capital, splitting the profits with them.
2. How does crypto prop trading on Bybit work?
Prop firms like HyroTrader provide access to Bybit for traders to execute trades using the firm’s funds while following specific risk guidelines.
3. What are the main benefits of prop trading?
You don’t risk your own money, get access to more capital, and benefit from structured risk management.
4. Can I trade any strategy in a prop firm?
It depends. Some firms restrict strategies like scalping, but others allow various styles within risk limits.
5. How much can I make with a crypto prop firm?
Earnings depend on trading performance, but HyroTrader allows traders to keep up to 90% of their profits.
Ready to Get Funded?
At HyroTrader, we offer:
✅ 1-step & 2-step funding challenges to prove your skills.
✅ Top-tier trading conditions on Bybit.
✅ Up to 90% profit retention.
Join our Discord community and start your journey toward trading with serious capital!