Fundedbit Review 2026: Rules, Fees, Payouts and Is It Legit?

By the PropRubric Research Team · Last verified: 20 October 2026 · Checked against each firm’s own terms

crypto-first🇦🇪 UAE

from $55daily 3–5%max 6–10% mixed by plansplit 80–100%max funding $300K

6.7PropRubric scoreVisit Fundedbit →

Fundedbit ranks #6 of 18 crypto-first and on-chain firms on PropRubric's list of the best crypto prop firms. It also appears on the list of crypto prop firms that use Bybit.

Fundedbit is a Dubai crypto-only prop firm, not to be confused with the forex firm FundedNext, that runs its challenges on Bybit demo accounts, priced from $55, and pays 80% to 100% of simulated profits from 21 days after funding.

Yes, Fundedbit is a legitimate, operating crypto prop firm: its terms name a Meydan Free Zone company with a licence number, its rules are in a help centre. Trustpilot reviewers describe passing and funding under those rules, while its payout record is social posts and its support could not confirm which coins are allowed. The firm’s accounts are demo accounts that its rules call simulated, and its daily limit resets at 00:15 UTC.

The 1-step and Fast Track floors trail and the 2-step floor is static on those accounts, and the first payout comes 21 days after funding under a “zero denial” claim. The terms exclude the United States, and a best-day rule of 40%, or 20% on Fast Track, applies only once the account is funded, a rule other crypto prop firms share. Compare it with all crypto prop firms PropRubric tracks before you choose.

What is Fundedbit?

Fundedbit is a crypto prop firm that sells 1-step, 2-step and Fast Track challenges on the 700-plus USDT perpetual futures Bybit lists, traded on a Bybit demo account, and pays 80% or 100% of simulated profits in crypto or by bank wire.

Fundedbit L.L.C-FZ, registration 2530279 with licence 2530279.01 in the Meydan Free Zone, Dubai, operates the firm, whose homepage calls it the “#1 Crypto-Only Prop Firm, supported by Bybit” and whose rules say “all challenge accounts are simulated trading environments”.

The firm’s name invites confusion with FundedNext, a much larger forex prop firm: a search for “Fundedbit review” returned only FundedNext pages, and the two companies are unrelated.

How does Fundedbit work?

Fundedbit’s cycle has four steps, and each step is set out in the firm’s programme page and help centre.

1. Buy a challenge from $5,000 to $100,000, priced from $55, on the 1-Step, 2-Step or Fast Track plan, and receive a Bybit demo account to trade in Bybit’s own interface.
2. Pass the profit target of 10% (or 10% then 5% on the 2-step) over at least four trading days, within the daily limit, the floor and the 2% open-risk cap per pair.
3. Verify your identity through Sumsub with an ID and a selfie before the funded account is issued.
4. Request a payout from 21 days after funding, whenever eligible, and receive crypto or a bank wire within 24 hours of approval, with a new funded account issued on the remaining balance.

The step most buyers misread is the first, because “supported by Bybit” reads as a live exchange account, and the next section reads the documents on that point.

Does Fundedbit’s Bybit integration mean a real Bybit account?

No, Fundedbit’s accounts are Bybit demo accounts: its rules say all challenge accounts are simulated trading environments, and the funded stage is simulated too. What “trade directly on Bybit” gives a trader is Bybit’s interface, its 700-plus USDT perpetuals and a leverage cap of 1:30 inside a demo environment, not a live exchange account in the trader’s name. HyroTrader’s Bybit option is a demo account connected by API as well.

A Trustpilot reviewer of the demo account described on 8 September 2026 asking support, before buying, which specific coins were allowed and being told that “more than 700 cryptocurrencies” were available and “the main coins” were allowed, without a yes or no.

The same review recorded that support said a discount code was needed to reach the advertised price and told the reviewer to find the code elsewhere, which is why PropRubric records list prices only. The difference between a demo account on an exchange and a live sub-account on the same exchange is set out on the page about Bybit crypto prop firms, where Fundedbit is the demo-account case.

How much does a Fundedbit challenge cost?

Fundedbit challenges cost $55 to $679, from the $5,000 2-Step to the $100,000 1-Step, with no add-on to buy and a 30% promotion running at the time of reading.

Values from each firm's own pages, checked by PropRubric

No add-on exists, and three price notes apply. The first price note is the promotion: a 30% discount showed at the time of reading (the 2-step at $39, $62, $146, $300 and $384), and the list prices above are the ones recorded, because a promotion can end at any time. The second note is Fast Track, sold for $5 upfront plus an activation fee after passing, so its full price runs from $64 at $5,000 to $554 at $100,000, below the 2-Step from $10,000 to $50,000.

The third note is the refund: fees are non-refundable, with a case review offered to a trader who bought from a restricted country unknowingly; unlimited accounts are allowed up to $300,000 of total funding.

What does Fundedbit cost per $10,000 of funding?

Fundedbit costs $109.80 per $10,000 of funding on the $100,000 2-Step and $236.00 on the $5,000 1-Step, computed as the fee plus one reset at the same price, divided by the account size in $10,000 units.

The $100,000 2-Step is the cheapest funding in the ladder by a wide margin, because its fee is only $120 above the $50,000 fee. The floor decides whether any fee is recovered, and the rules are the next section.

What are Fundedbit’s trading rules?

Fundedbit’s trading rules are a daily limit measured at 00:15 UTC, a trailing floor on the 1-step and Fast Track and a static floor on the 2-step, and four minimum days. The rules add a 2% open-risk cap per pair, a best-day rule on funded 1-step and Fast Track accounts, no bots and a 90-day inactivity rule. The three sections below cover those rules: the drawdown limits, the restrictions and the instruments.

What are Fundedbit’s drawdown limits?

Fundedbit allows a 4% daily drawdown on the 1-Step, 5% on the 2-Step and 3% on Fast Track, and a 6% maximum drawdown on the 1-Step and Fast Track and 10% on the 2-Step, and both are measured on real-time equity with no end-of-day grace. The daily limit resets at 00:15 UTC, the 1-step and Fast Track floors trail the highest equity reached until the balance reaches the starting balance plus 6%, where they lock, and the 2-step floor is fixed at the starting balance.

The trailing floor on the 1-step counts unrealised highs, which is the strictest form of the model, because a spike that never closes still lifts the floor. How a trailing floor and a static floor end accounts on different days is worked through, in dollars, in PropRubric’s comparison of trailing and static drawdown.

Which trading restrictions does Fundedbit have?

PropRubric checks twelve restriction rules at Fundedbit, and the firm publishes eleven of them, with one stated differently on two of its pages and copy trading absent as a separate rule.

The 2% open-risk cap per pair is the rule to model before trading a single coin with size: on a $10,000 account it limits open risk on any one pair to $200, which is half the daily limit.

What can you trade at Fundedbit, and with how much leverage?

You can trade the USDT perpetual futures Bybit lists at Fundedbit, more than 700 pairs, inside Bybit’s own app or web terminal on a demo account, at 1:30 on every challenge.

The site’s “Symbols” page is a market-capitalisation widget that lists USDT and USDC rather than the tradable set. So the pair list a trader gets is Bybit’s own listing, which is the point the 8 September reviewer could not get support to confirm coin by coin.

How do Fundedbit payouts work?

Fundedbit pays 80% of profits on the 1-step and 2-step plans and 100% on the Fast Track plan, from 21 days after the funded account is issued and whenever eligible after that. Payouts on every plan come in crypto such as USDT, USDC or BTC or by bank wire, within 24 hours of approval, under a “zero denial payout policy” the firm states as its own.

Three payout conditions apply. Firstly, the funded account has to be 21 days old at the payout request. Secondly, the best-day rule on a funded 1-step or Fast Track account has to be met, with no single day above 40% (Fast Track: 20%) of the profit in the request. Finally, trading pauses during the review, and after the payout the firm issues a new funded account with the remaining balance, which restarts the floor from that balance.

Payout Junction, which counts only payouts matched to a public blockchain wallet, did not list Fundedbit. The split, the rail and the proof are compared across every firm in PropRubric’s explanation of how prop firm payouts work.

Who can trade with Fundedbit?

No, Fundedbit’s terms exclude the United States, Iran, North Korea and other OFAC-sanctioned countries, and the firm offers a case review to a trader who bought from a restricted country unknowingly. The identity check that reveals a restricted country comes after passing and before the funded account, so the exclusion is applied at funding rather than at purchase.

Fundedbit’s Trustpilot contact page lists a Brazilian phone number beside its Dubai address, a detail PropRubric records without inference.

Is Fundedbit legit?

Yes, Fundedbit is a legitimate, operating crypto prop firm. The evidence for that firm is that its terms name Fundedbit L.L.C-FZ in the Meydan Free Zone with a licence number, its rules are in a public help centre, and Trustpilot reviewers describe passing Phase 1 and receiving funded accounts.

The two cautions PropRubric found beside that evidence are a payout record that exists only in social posts, and a support desk that, in one documented exchange, could not confirm the price or the coin list before a purchase.

• Status: active.
• Operator and jurisdiction: Fundedbit L.L.C-FZ, Meydan Grandstand, Meydan Free Zone, Dubai (Reg. 2530279; licence 2530279.01).
• Operating since: 2026; the Trustpilot profile was claimed in July 2026 and the earliest reviews date from July 2026, while ForexPeaceArmy’s listing gives 2025 as the year the firm was established.
• Payout evidence: none public beyond Discord and social posts; absent from Payout Junction.
• Scam alerts: none at ForexPeaceArmy, whose Fundedbit listing, updated on 20 July 2026, carries no reviews, no rating and no scam warning.
• Complaint signal: Trustpilot 4.0 from 18 reviews, all within twelve months, with no firm replies to negative reviews and a “may be associated with high-risk investments” label; one detailed one-star review (8 September 2026) on checkout pricing and support; one one-line one-star review (19 September 2026).
• Contradictions found: “supported by Bybit” against demo accounts; a news-trading answer that names MT5.
• Named people: none on the site; a support agent is named in reviews.

A firm’s rules and status change over time, so the last question is what has changed at Fundedbit recently.

What has changed at Fundedbit?

The change log for Fundedbit holds 4 rows, 2 of them changes the firm made. Two rows record the Fast Track model. PropRubric removed it on 29 September, when its tab showed a $5 fee and no evaluation price, and listed it again once the tab showed a full price; one more row adds the firm’s founding year to PropRubric’s own record. The newest change in that record: the programs page says the 1-step trailing floor stops trailing once the balance reaches the starting balance plus the 6% maximum loss.

Date	Firm	What changed	Source
13 Oct 2026Firm change	Fundedbit	Challenge models 1-Step (1-Phase) · 2-Step (2-Phase) → 1-Step (1-Phase) · 2-Step (2-Phase) · Fast Track (1-Phase; $5 upfront + activation fee after passing) Firm change: the Fast Track tab, which showed only a $5 fee on 29 September, now shows a full price ($5 upfront plus a $59–$549 activation fee after passing) and its own rules (5% target, 3% daily, 6% trailing that locks, 20% best-day rule when funded, 100% split), so PropRubric lists it again.	fundedbit.com
13 Oct 2026Firm change	Fundedbit	Drawdown type 1-step: trailing from highest equity; 2-step: absolute (static) from starting balance → 1-step: trailing from highest equity; stops trailing (locks) once the balance reaches the initial balance plus the 6% max-loss amount; 2-step: absolute (static) from starting balance Firm change: the 1-Step trailing drawdown now locks once the balance reaches the starting balance plus the 6% maximum loss (programs page; the help centre still describes only the trailing part).	fundedbit.com
5 Oct 2026PropRubric addition	Fundedbit	Founded Not published → 2026 (Trustpilot profile claimed July 2026; earliest reviews July 2026); ForexPeaceArmy's listing says "Established: 2025" not a rule change)	trustpilot.com
29 Sep 2026PropRubric addition	Fundedbit	Challenge models 1-Step, 2-Step, FastTrack → 1-Step, 2-Step (FastTrack tab shows a $5 activation fee and no evaluation price) PropRubric record decision 2026-09-29.	fundedbit.com

4 logged changes at Fundedbit

Every change at every firm, with the same columns, is in the log of crypto prop firm rule changes, and the US exclusion places Fundedbit on the list of firms the access hub for US crypto prop firm access marks as closed.

What are the alternatives to Fundedbit?

Three firms differ from Fundedbit on its weakest attributes, the demo account, the 21-day first payout and the trailing 1-step floor, and each card names the difference.

• HyroTrader: static floors on every model and payouts on demand once the funded account is in profit, from $59; a UAE and BVI firm whose account trades your own Bybit or BloFin demo account, or its Hyro platform.
• Dolvero: a Bybit demo account too, but the fee refunded at the second payout on a 14-day cycle, from $99; a Dubai firm with a 2% per-idea hard breach.
• Breakout: static floors on every standard plan and USDC on demand from $50 of profit, from $20; a Delaware evaluation company under Kraken’s ownership.

PropRubric’s ranking of the best crypto prop firms scores every firm on the same five criteria, set out in how PropRubric scores firms, and the cards above are where Fundedbit’s three weak attributes are absent.