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Overview of Hydra Funding Forex Prop Firm

TheTrustedProp
Date: April 29, 2024

In the dynamic world of financial trading, finding the right platform to kickstart your journey can be a daunting task. With countless options available, making an informed decision is crucial. Hydra Funding emerges as a potential choice, providing traders with unique opportunities and a supportive community. In this article, we'll delve into the details of Hydra Funding, shedding light on its company profile, challenges, and why traders are increasingly choosing it as their preferred trading platform.

Company Details

  • Name: Hydra Funding
  • Legal Name: Not available
  • CEO: Undisclosed
  • Started in: Undisclosed
  • Registered in: Not available

Challenge Details

Hydra Funding offers two distinct types of challenges, each tailored to cater to varying trading styles and preferences. Let's explore the specifics of these challenges.

Single Phase Challenge Details

  • Account Gains Target: 10%
  • Min/Max Trading Days: None
  • Max Daily Loss: 5%
  • Max Overall Loss: 6%
  • Available Leverage: 1:10 (Upgrade to 1:20 available)
  • Funded Account Payout Share: Keep 75% (90% with upgrade) - First withdrawal at any time
  • Weekend Holding: With add-on
  • News Trading: Yes

Account Sizes: Hydra Funding offers account sizes ranging from $10,000 to $1,000,000.

2-Phase Challenge Details

  • Account Gains Target (Phase 1): 6%
  • Account Gains Target (Phase 2): 9%
  • Min/Max Trading Days: None
  • Max Daily Loss: 5%
  • Max Overall Loss: 10%
  • Available Leverage: 1:50 (Upgrade to 1:100 available)
  • Funded Account Payout Share: Keep 75% (90% with upgrade) - First withdrawal at any time
  • Weekend Holding: No
  • News Trading: No

Account Sizes: For 2-Phase challenges, account sizes range from $10,000 to $200,000.

Other Details

Hydra Funding provides several compelling reasons why traders should consider their platform:

  • Trade up to $1,000,000: Hydra Funding allows traders to handle substantial capital.
  • No Time Limits: There's no rush to meet specific deadlines, providing flexibility.
  • Risk Less Capital: Custom addons enable competitive challenge prices, with $100k accounts starting at just $399.
  • Get Rewarded Fairly: Traders can keep up to 90% of their account gains.
  • Sharpen Your Trading: Hydra Accounts emphasize proper risk management and rule adherence.
  • Go Full Time: Suitable account sizes are available for traders aiming to make a living from trading.
  • Grow Your Profitability: Account sizes ranging from $10,000 to $1,000,000 cater to various levels of experience.

Why Traders Choose Hydra?

Hydra Funding offers a range of advantages that make it an attractive choice for traders:

  • World-Class Trading Conditions: With spreads starting from 0.1 pips, low commissions, and fast execution, it suits all trading strategies.
  • Deep Liquidity: Access a vast liquidity pool from leading providers for industry-leading pricing.
  • 120+ Trading Instruments: Trade a variety of assets, including currencies, indices, commodities, stocks, and digital currencies.
  • Community of Profitable Traders: Join a supportive community of traders who are ready to help you learn and succeed.

 

In conclusion, Hydra Funding presents a compelling platform for traders looking to embark on their trading journey or enhance their existing skills. With its diverse challenges, supportive community, and favorable trading conditions, it's no wonder why an increasing number of traders are choosing Hydra Funding as their go-to platform. Join today and seize the opportunity to grow your trading career.

FAQs

Expert Advisors: EAs are permitted on all Hydra Funding accounts, welcoming trading robots. News Trading: Trading during news and holding over news is only permitted under Single Phase Challenges. 2-Phase challenges have specific conditions.

There are three ways to lose an account: Daily Stop Rule, Maximum Drawdown Rule, or inactivity for 30 days without opening or closing a trade.

Hydra Funding supports traders from various countries but is unable to provide funding to individuals in specific geographical locations, including Afghanistan, Botswana, Congo, Crimea, Cuba, and more. Please refer to the list for the full details.

Weekend holding and trading are available as an add-on option for 1 Phase Challenges but not for 2 Phase Challenges. Ensure all trades are closed by 3:45 pm EST on Friday if you choose this option.

Hydra Funding collaborates with Osprey FX, offering competitive spreads starting as low as 0.2 pips on majors. Commissions vary based on account types and symbols.

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Hydra Funding


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