Fundedbit Review 2026: Bybit Demo Accounts, Rules and Payouts

This Fundedbit review covers a young, crypto-only prop firm from Dubai that runs every account on Bybit's demo environment. First, a quick clarification: Fundedbit has nothing to do with FundedNext, the much larger forex firm with a similar name. Search engines mix them up, so make sure you are reading about the right one.

What Fundedbit is and who runs it

Fundedbit L.L.C-FZ operates the firm from the Meydan Free Zone in Dubai under registration 2530279 and licence 2530279.01. It appears to have started trading in 2026: the company took over its Trustpilot page that July, when the earliest reviews also appeared, although a ForexPeaceArmy listing gives 2025 as the year of establishment. No named people appear on the website.

There are three challenge types (a one-phase, a two-phase and a hybrid called Fast Track), each sold from $5,000 to $100,000. You can hold several accounts as long as your total funding stays at or below $300,000.

Does "supported by Bybit" mean a real Bybit account?

No. The homepage and Trustpilot description lean heavily on the Bybit name, but Fundedbit's own rules state that every challenge account is a simulated environment, and so is the funded stage. What you actually get is a Bybit demo account. You trade in Bybit's familiar app or web terminal, with access to its 700-plus USDT perpetual futures at 1:30, yet no order touches the live exchange.

That is not unusual. HyroTrader also connects demo accounts by API. Our Bybit crypto prop firms page explains the difference between demo-linked and live sub-account setups, and simulated vs real capital explains why it matters.

One Trustpilot reviewer in September 2026 asked support before buying which coins were allowed and got a vague answer about "the main coins". The same reviewer saw a $25,000 account advertised near $148 that rose to about $209 at payment, and was told a discount code was needed. Treat advertised promo prices with care.

How the challenges work

All three have unlimited time, but 90 days without a trade terminates the account. Identity checks through Sumsub (ID and selfie) happen after you pass and before the funded account is issued.

The rules that matter most

Each day starts over at 00:15 UTC. Both loss limits watch live equity, so there is no grace period until the close. On the single-phase plans, the floor tracks your best equity, open profit included, and only freezes once balance is 6% above where you started. That lock was added on 13 October 2026.

Here is what that means in dollars. On a $10,000 1-Step, the floor starts at $9,400. If an open trade pushes equity to $10,400 even briefly, the floor rises to $9,776. The same spike on a 2-Step leaves its $9,000 floor untouched. Our trailing vs static drawdown guide and the drawdown calculator help you model this.

Total open risk on any one pair is capped at 2% of balance, in both the challenge and the funded stage. On a $10,000 account that is $200, half the daily limit.

Other rules are lenient. Stop-losses are not required, news trading is allowed and positions can be held overnight and through weekends without swap charges. The limits are no EAs or bots, no high-frequency trading and no hedging across accounts. The funded best-day rule only applies on the 1-Step (40%) and Fast Track (20%). The consistency rule explainer covers how such rules are calculated.

Costs and value per $10K

List prices are below. A 30% promotion was running when we checked, but we record list prices because promotions end without notice. Fast Track costs $5 upfront and an activation fee once you pass.

Measured as fee per $10,000 of funding, the largest two-phase account stands out at $54.90, against $67.90 on the 1-Step and $55.40 on Fast Track. The $5,000 sizes are the worst value at $110 to $128 per $10K. Between $10,000 and $50,000, Fast Track undercuts the two-phase price, and most of it is only paid once you pass. Compare with other firms on our cheapest crypto prop firms list.

There are no add-ons. Fees are non-refundable, although the firm will review cases where someone bought from a restricted country without realising.

Payouts

The split is 80% on both standard challenges and 100% on Fast Track. You wait 21 days from receiving the funded account for your first request; later requests can be made any time you qualify. Trading pauses during review, payment arrives within 24 hours of approval, and you then receive a fresh funded account on the remaining balance, which resets the floor from that point.

You can be paid in crypto (USDT, USDC, BTC and others) or by bank wire. The firm advertises a "zero denial" payout policy, but public proof is limited to Discord and social posts, and Payout Junction, which matches payouts to on-chain wallets, does not list Fundedbit. No minimum payout is published. Compare terms on our crypto payouts list.

Who can join

US residents cannot join, and neither can anyone in Iran, North Korea or another country under OFAC sanctions. Because KYC happens after you pass, a restricted-country buyer finds out at funding rather than at checkout. UK and Indian traders are not excluded.

Recent changes

On 13 October 2026 Fundedbit added the lock to the 1-Step trailing floor and published a complete Fast Track price, $5 upfront with activation fees between $59 and $549, with its own rules. Fast Track had previously shown only a $5 fee. See our rule change log for the record.

Who Fundedbit suits, and who should avoid it

Fundedbit suits traders who already use Bybit, want a wide pair list and prefer the 2-Step's static 10% floor and lack of a consistency rule. The $100,000 2-Step is particularly good value.

Avoid it if you need to be paid quickly after funding, want a live exchange account, or are based in the US. Traders who scale into open winners should also avoid the 1-Step, because unrealised spikes lift the floor. Dolvero also uses Bybit demo accounts with a fee refund, and Breakout offers static floors with on-demand USDC.

Fundedbit review verdict

Our Fundedbit review scores the firm 67 out of 100. Transparency is excellent: every rule is published, from the entity to the inactivity clause. Access is the weak point because of the US exclusion and post-pass KYC, and the 21-day first-payout wait plus thin payout evidence hold back its payout score. Pick the 2-Step at $100,000 and Fundedbit is a credible, reasonably priced Bybit-based option for a young firm.