Why Crypto Prop Trading Took Off
Trading cryptocurrencies with your own capital can be intimidating—24/7 markets, fast moves, and real drawdowns. Prop firms changed the equation by giving traders access to funded accounts, letting skill—not savings—be the growth lever. The challenge is that no two firms work the same way, and crypto often plays by different rules than forex.
This guide breaks down the key criteria to judge a prop firm and compares three well-known options in 2025: FTMO, FundedNext, and Mubite.
What Makes a Reliable Crypto Prop Firm
1) Trust & Payout Reliability
Real trader experiences and transparent payout histories matter most. Look for verifiable reviews, clear payout windows, and consistent processing. Avoid promises that sound too good to be true (e.g., extreme profit splits without evidence of timely payouts).
2) Clear, Trader-Friendly Rules
Rules should be easy to understand and free of hidden constraints. Pay special attention to:
- Maximum loss (overall drawdown): Many two-step challenges set it around 8–10% of account size.
- Daily loss (daily drawdown): Commonly 4–5% of the day’s starting balance.
- Static vs. trailing: Static daily drawdown stays anchored to the day’s open balance. Trailing moves up with equity peaks and can punish intraday profits. Top crypto-friendly firms tend to use static to keep things fair.
3) Platform Quality & Asset Access
Serious crypto traders benefit from exchange-grade execution, deep liquidity, responsive UIs, and a broad list of instruments. If a firm only provides CFD access via MT4/MT5, strategies that rely on order-book depth or exchange microstructure may not translate well.
4) Guidance & Support
Markets move fast. You want responsive support (live chat/email/tickets) and clear help articles. Communities (Discord/Telegram), webinars, and education can accelerate learning and keep traders aligned with a firm’s rules and best practices.
Firm-by-Firm Overview
FTMO (Multi-Asset Giant with Crypto Access)
Why traders choose it: reputation, structured two-step evaluations, and competitive splits (with potential scaling).
Crypto considerations: Crypto is available but not the core focus. Access is typically via CFDs, leverage on crypto is more conservative than on forex, and some time-based restrictions may apply around weekends or major events. Instrument lists for digital assets can be shorter than crypto-native firms.
Best for: multi-asset traders who want a well-established brand and primarily trade FX/indices but sometimes add crypto.
FundedNext (Flexible Tracks & High Profit Splits)
Why traders choose it: flexible evaluation options (including an instant/express-style track) and strong profit-split potential, plus some payout share during evaluation on certain models.
Crypto considerations: Crypto access is typically via CFDs on MT4/MT5, which limits order-book-dependent strategies. Leverage on crypto is usually lower than on FX, and asset breadth focuses on majors (BTC/ETH and a handful of others).
Best for: traders who value flexible challenges and high potential splits—and treat crypto as one of several markets.
Mubite (Crypto-Native Focus)
Why traders choose it: crypto-first design—rules, tools, and infrastructure centered on digital assets rather than adapted from FX. Alongside one- and two-step challenges, instant funding is available for traders who prefer to start right away. Add-ons can tailor conditions (e.g., reduced profit target, no minimum trading days, wider loss limits) for a more personalized setup.
Scaling & splits: challenge accounts can reach up to 90% profit split; instant funding offers a strong split as well. Scaling models reward consistency—e.g., milestone-based increases for instant funding, and periodic growth reviews for evaluation paths.
Platforms & tools: crypto-centric environment with exchange-grade integrations and analytics for PnL tracking, win-rate, and technical context (trend, volume, S/R). Education includes an e-book for new signups and a psychology questionnaire mapping traits to trading behaviors.
Payout cadence: designed to be frequent and on-demand once eligible, with an emphasis on speed and transparency. (Always confirm current payout windows in the firm’s docs before you start.)
Best for: traders who want crypto to be the main market, value higher leverage options on challenges, broad asset access, and a toolset built for digital assets.
Further Reading: Mubite Crypto Reports
For traders who want to explore the industry beyond just these three examples, the Mubite Crypto Reports blog offers a full breakdown of the leading crypto prop trading firms in 2025. It covers payout structures, rule transparency, scaling paths, and trader feedback across a wider range of companies. Instead of marketing talk, it serves as a practical resource for traders comparing their options and deciding which environment truly fits their style.
Static vs. Trailing: The Rule That Catches Most Traders
A quick example shows why this matters. Suppose your day starts at $101,000 and your firm’s daily loss limit is 5%. A static rule caps loss at $95,950 for the entire day, regardless of any intraday equity peaks.
With a trailing daily rule, if your balance peaks at $104,000 and later pulls back to $98,800, you could violate the day’s limit—even if you never dropped 5% from the day’s open. Many crypto-focused firms avoid trailing daily limits to keep the playing field fair.
Leverage & Instruments: Designed for Crypto
Leverage on crypto is often tighter at multi-asset firms than on FX. Crypto-native firms tend to offer meaningful leverage on challenges and asset-specific limits on instant funding to balance risk and opportunity. The right setup depends on your style:
- Active intraday traders: benefit from responsive platforms, tight spreads, and frequent payouts.
- Swing traders: may prefer static rules, broader coin lists, and clear weekend/rollover policies.
Support, Community, and Education
When a platform treats traders like long-term partners, you feel it in support response times, the clarity of the docs, and how communities are moderated. Look for:
- 24/7 or extended-hours support for a 24/7 market,
- clear, up-to-date rule pages,
- learning resources beyond marketing one-pagers (webinars, guides, psych tools).
Quick Checklist Before You Choose
- Payout policy: frequency, methods, fees.
- Rule transparency: static daily vs. trailing; max loss; news/weekend rules.
- Platform access: exchange-grade execution vs. CFDs only; instrument list.
- Leverage: by product and account type.
- Scaling path: milestones, caps, review cadence.
- Reputation: third-party reviews and consistent trader feedback.
- Support: channels, hours, and quality.
Bottom Line
Traditional firms like FTMO and FundedNext earned their reputations in forex, and they remain strong generalists. But when it comes to crypto in 2025, they still treat digital assets as a side market.
Mubite, by contrast, is purpose-built for cryptocurrency traders. With instant funding, profit splits up to 90%, scaling paths to $1M, Bybit exchange integration, on-demand payouts in as little as 24 hours, and unique trader-development tools (ebooks, psychology tests, analytics dashboards), Mubite offers the most crypto-native and trader-friendly environment on the market.
For anyone serious about crypto prop trading, Mubite isn’t just an option — it’s the benchmark.
Author Bio
Kyrylo Voronin is Head of Content at Mubite, a crypto-native prop trading firm helping traders access funded accounts, scale systematically, and trade with clear, transparent rules.