CLEO vs Bybit: Which Platform Is Better for Prop Firm Challenges (and Funded Accounts)?6 min read
CLEO or Bybit, which one is better? Prop firm traders have a completely different mission than those trading their own capital. You’re not just looking to trade volatility, you’re working to pass strict evaluations, protect capital, and grow funded accounts.
If you’re a HyroTrader user comparing cleo.finance and Bybit, this guide breaks down which platform is designed to help you win challenges and sustain performance once you’re funded.
1. Purpose: Exchange vs. Prop-Firm Engineered Platform
Bybit is a global exchange for spot and futures trading, great for high-volume crypto traders. But it’s not built with prop firm rules or evaluation metrics in mind.
cleo.finance, by contrast, was created specifically for prop firm traders. Every feature supports your success in both the challenge and funded stages, from risk control to detailed performance insights.
Winner: cleo.finance – built for traders who trade under rules, not just markets.
2. Challenge-Specific Tools
Prop firm challenges are about control and consistency. It’s tough to imagine how difficult it may be to balance all constraints before you give it a shot. It’s something that retail traders who’ve only traded their own money will never understand.
Needing to have multiple windows open with challenge rules, your progress, charts and your trading app can get messy quickly. It can create utter chaos when you’re on your phone.
CLEO offers tools that help you maintain consistency and control:
With CLEO, you’re not just reacting to the market, a single alert or catching a great setup. You’re managing your challenge like a pro with the ability to do it all in one place. A Custom Challenge Focused Dashboard, Visual Trading, Charts, Advanced Risk Management, Quick Actions. These features are changing the game for prop firm traders.

Winner: CLEO is packed with ways for you to have an overview and controll of your challenges. This is not Bybit’s focus.
3. Risk Management that Prevents Challenge Failure
Bybit’s tools stop at basic risk orders.
Cleo goes further, it’s built to help you avoid breaching rules with:
Pre-calculated Risk to Reward on every position
Quick Action Buttons, customizable that make sure your risk is consistent
Real-time drawdown tracking
Profit target progress
Daily loss limits
Winner: cleo.finance is the only trading platform that protects your challenge before it’s too late.
4. After You Pass: Managing Funded Accounts with Confidence
Here’s where most traders in legacy markets switch tools, but with CLEO, you don’t have to.
Once you pass your challenge, cleo.finance becomes your trading companion for funded accounts:
Continue using advanced risk management to protect your funded capital
Know the cost of every position in detail
Use analytics and breakdowns to maintain performance consistency
Track daily drawdowns and prop firm rules in real-time
Keep trading across devices with the CLEO Mobile App
Enjoy detailed statistics, unique to the cleo.finance trading platform
Passing the challenge is only step one. Keeping your account alive and profitable is where CLEO truly shines.
Winner: cleo.finance provides way features tools for advanced trading.
5. User Experience: Simplicity Meets Precision
Bybit’s interface is tuned for volume and speed, but for prop traders, it’s easy to get lost in unnecessary data.
cleo.finance focuses on clarity with one dashboard, complete control, zero confusion. Every number on-screen connects directly to your challenge objectives and prop firm requirements.
Now, most crypto traders have used Bybit while not everyone has tried to use CLEO. There will be a learning curve, albeit short. Whenever you learn anything there will be a period where you feel clumsy, yet the cleo.finance ecosystem has upscaled its intuitiveness with the Mobile App.
There’s a book by Goldsmith where he explains how what got you here, won’t get you there. Meaning success depends on improving and upskilling. You may be alright with using the platform that everyone does, but to win at trading you need an edge and better tech. That’s exactly what CLEO seeks to provide prop firm traders with.
Fewer clicks. Faster insights. Better decisions.
Winner: Tie. It really depends if you have the motivation to upskill and adopt habits that give you a potential advantage. Not everyone does.
6. Mobility: Trade, Track, Win Anywhere
Bybit’s app has been around for a while and many traders enjoy it. It’s packed with all the features found on big exchanges, users find it stable and familiar.
The CLEO Mobile App is a newcomer and aims to service prop firm traders that need insight into their HyroTrader challenges, more advanced risk management and speed and precision.
You can just start up CLEO and with 2 scrolls see all you challenge details and progress, positions, check the chart, watchlists and continue with your day. This is not possible on exchange-based apps, since they simply have a different purpose.
Bybit App: Great for crypto markets but lacks context for prop trading goals.
CLEO Mobile: The first mobile app built for prop firm challenges and funded accounts, giving you full visibility over drawdown, P&L, and progress. Wherever you trade.
Trade. Track. Win. Anywhere.
Winner: If you’re a prop firm trader, CLEO Mobile App.
Final Verdict – Should you choose CLEO or Bybit when taking a prop firm challenge?
If You Are:
A retail or crypto-focused trader choose Bybit.
If You Are:
A prop firm trader in a challenge or funded account choose cleo.finance.
Bybit’s great and you’d be hard pressed to find someone in crypto that has never used it. However once you start operating as a prop firm trader, your needs and priorities become very specific. The only trading platform and app in the market that is building specifically for prop firm traders is CLEO. On top of it the team is announcing plenty of features and improvements in the pipeline.
cleo.finance doesn’t just help you pass the test. It helps you stay profitable after you’ve passed. It’s the platform built around your improvement as a trader, not just your next trade.
If you have any questions about CLEO or suggestions join the Discord to find out more.
Get a 5% discount on any HyroTrader challenge with code “CLEO”

