Crypto Fund Trader

Crypto Fund Trader is an operating evaluation firm, not a shell. It has run since November 2022, and Trustpilot's own review archive shows thousands of trader accounts describing completed evaluations and processed payouts, including several posts citing exact payout amounts and turnaround times under 24 hours. That track record puts it ahead of a straightforward scam. Two separate issues sit alongside that track record, and both are worth reading in full before you buy a challenge.

The FINMA warning

The Swiss Financial Market Supervisory Authority, FINMA, added Cryptofundtrader to its public warning list on August 23, 2024. The listing names the address Bahnhofstrasse 21, 6300 Zug, and records that the entity is not entered in the Swiss commercial register. Crypto Fund Trader's own site markets a Swiss identity through the entity SWISS RLCRATES AG, and its footer states plainly that SWISS RLCRATES AG is a provider of educational services and does not offer financial, investment, tax, or brokerage advice. FINMA's own guidance is clear that warning-list inclusion flags a lack of authorisation rather than a confirmed finding of unlawful activity, and prop firms running simulated challenges generally don't need a financial license anywhere, since no client funds change hands. The part that matters for a trader isn't the absence of a license, every firm on this list shares that. It's that Crypto Fund Trader built its brand around a Swiss address that its own regulator says isn't backed by a registered Swiss company, and traders researching before they pay deserve to see that plainly rather than buried in a terms page. Several independent reviews report the evaluations are actually run through a related entity, RLCRATES S.L., registered in Spain. Verify the operating entity on your own account paperwork before you pay.

The Trustpilot rating

Crypto Fund Trader's Trustpilot page currently shows the rating as unavailable due to a breach of Trustpilot's guidelines, and Trustpilot states directly on the page that it has removed a number of fake reviews for the company. That is a different and more serious signal than a firm simply carrying mixed reviews. Trustpilot suppresses the star rating specifically when it finds evidence of review manipulation, and it says so on the page rather than quietly deleting individual posts. Any 4-star or 4.1-star figure quoted for Crypto Fund Trader elsewhere on the web reflects a snapshot from before this suppression and should not be treated as current.

What the complaint pattern looks like

Underneath the suppressed rating sit hundreds of individual reviews, and the negative cluster follows a consistent shape: traders report account closures and denied payouts arriving shortly after a profitable stretch, cited drawdown or rule breaches they dispute, and slow or contested refund handling on challenge fees. One independently reported case describes a funded trader denied a $7,400 first payout over a shared-IP match, with Crypto Fund Trader treating an IP match alone as a rule breach regardless of cause. Crypto Fund Trader responds to nearly every negative review with a request for account details to investigate, and several positive reviews describe fast, clean payout resolutions on the same kind of dispute. Both patterns exist in the same dataset. Traders who buy a challenge here should assume any account approaching a payout will get scrutinized, and should keep their own trade logs and screenshots as a matter of course, the same discipline worth applying at any prop firm but doubly so here.

Crypto Fund Trader is a crypto-first proprietary trading evaluation firm that has run simulated funded-account challenges since November 2022. Crypto Fund Trader gives traders access to over 715 crypto pairs through a direct Bybit integration, alongside forex, indices, commodities, and stocks, on MT5, its own CFT platform, and a Bybit-connected terminal. Traders pay a one-time fee to attempt an evaluation, and a passing account is issued a simulated funded balance with a share of any profit paid out under Crypto Fund Trader's payout terms.

Crypto Fund Trader is one of a small number of firms with native Bybit execution rather than a CFD wrapper around crypto prices, which is the real differentiator here. For a broader look at how firms in this category compare, see our prop firm comparison tool.

Crypto Fund Trader sells two evaluation routes, a 1-Phase and a 2-Phase challenge, across six simulated account sizes from $5,000 to $200,000, plus an Instant Funding option that skips the evaluation entirely.

Instant Funding accounts skip the evaluation and start at a lower profit split, reported at $2,500 to $10,000 in starting size, scaling toward $1,280,000 as the account gains value. Sources disagree on the exact scaling steps, so treat the Instant Funding path as a separate product to research directly with Crypto Fund Trader support rather than the standard evaluation figures above.

Crypto Fund Trader's 2-Phase evaluation runs an 8% profit target in Phase 1 and a 5% target in Phase 2, with a 5% daily loss limit and a 10% static maximum loss. The 1-Phase evaluation runs a single 10% profit target, a 4% daily loss limit, and a 6% trailing maximum loss.

Copy trading and Expert Advisors are both allowed on Crypto Fund Trader accounts, which is unusual, most prop firms ban one or both. News trading is generally permitted with a restriction window around high-impact releases. Leverage runs 1:5 on the $5,000, $10,000, and $25,000 starter accounts and up to 1:100 on the $50,000 to $200,000 tiers, confirmed directly by Crypto Fund Trader's own support team in a public Trustpilot reply. No consistency rule or minimum trading-day requirement is confirmed in the sources available for this review. Check both directly with support before you buy, since their absence or presence changes how you should plan a challenge attempt.

Crypto Fund Trader runs on three platforms: MetaTrader 5, its own CFT platform, and a Bybit-connected terminal for native crypto execution. Bybit is one of the largest cryptocurrency exchanges by trading volume, and running challenges directly against its order book, rather than a synthetic CFD price feed, is what gives Crypto Fund Trader its 715-plus crypto pair count. That is a materially deeper instrument list than most crypto-adjacent prop firms, which typically bolt on a handful of major coins to an existing forex platform.

Beyond crypto, Crypto Fund Trader lists more than 15 index pairs, 10-plus commodities, and 25 stock instruments, spreads from 0 pips, and leverage up to 1:100 on the higher account tiers.

Crypto Fund Trader advertises a profit split of up to 90%. Independent sources genuinely disagree on where the scale starts and which account type it applies to. One review attributes an 80% baseline to the standard evaluation track scaling to 90% with tenure. Another describes the standard 2-step evaluation itself scaling from 50% up to 90% by tier, not 90% from day one. A third source describes a separate 50%-start scaling schedule specifically for Instant Funding accounts, increasing with every 10% the account gains. These are not three ways of saying the same thing, they conflict on which product starts where. Get the exact split for your specific account type and route in writing from Crypto Fund Trader support before you buy, since the gap between an 80% and a 50% starting split changes the math on whether a challenge fee is worth paying.

Payouts are available through bank transfer or crypto withdrawal, and third-party sources report a cycle of every 15 trading days or 30 calendar days, whichever comes first. Crypto Fund Trader's own terms describe payouts as performance-based rewards rather than a profit withdrawal from a live trading account, language that matters given the demo-capital model underneath every evaluation-based prop firm, this one included. No live funds change hands at any stage. That is standard for the industry and is not a red flag on its own, but Crypto Fund Trader's specific wording is worth reading in full in its terms and conditions before you rely on a payout figure.

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Best for: traders who specifically want native Bybit execution across a wide crypto pair list, and who are comfortable running a challenge with a firm carrying an active regulatory warning as long as the trading conditions justify it.

Avoid if: you need a firm with a clean regulatory record and an intact, verifiable Trustpilot rating, or you're funding a $5,000 to $25,000 starter account and specifically want the 1:100 leverage figure advertised on the homepage, since starter tiers are capped at 1:5.

Two firms cover similar ground for crypto-focused traders without an active regulator warning attached.

Crypto Fund Trader earns its instrument depth honestly. Direct Bybit execution across 715-plus pairs is a real technical advantage over firms that bolt crypto CFDs onto a forex platform, and the payout history since 2022 shows this is a functioning business, not a landing-page scam. Set against that, the FINMA warning and the suppressed Trustpilot rating are both primary-source facts, not competitor mudslinging, and both point at the same underlying issue: a gap between how Crypto Fund Trader presents itself and what the record independently shows. A trader who wants the Bybit access and goes in with eyes open, expecting scrutiny on any account nearing a payout, can reasonably use this firm. A trader looking for the cleanest possible trust profile should start with HyroTrader or Velotrade instead. We score Crypto Fund Trader 5.6 out of 10, reflecting genuine trading conditions weighed against genuine, checkable trust problems.