pass our simple 1-phase evaluation
professional funding for traders
Trade up to $1,000,000 on a Hydra Funded account.
No Time Limits. 90% Payout Share.
75% OF TRADERS HAVE ACCOUNTS UNDER $20,000, leading to RISKY TRADING BEHAVIOR THAt results in FAILURE.
Hydra Funding helps you
escape small accounts
Access Up to $2M Total Funding Across Multiple Accounts
risk less capital
Our Custom Addons allow us to provide the BEST Challenge Prices in the industry. $100k Accounts start at just $399
get rewarded fairly
Turn Your Hard Work Into Payouts and Keep Up to 90% of Your Account Gains
sharpen your trading
Hydra Accounts Train You to Trade with Proper Risk Management and to Follow Rules
go full time
We Provide Account Sizes Suitable for Traders Looking to Make a Living From Trading
grow your profitability
With Accounts From $10,000 to $1 Million, You Can Start Small and Scale As You Grow
PRO TRADER EXPLAINS HYDRA
easy 3-STEP process to get funded
Step 1
Sign up for a challenge TYPE (single PHASE OR 2 PHASE) AND SELECT ACCOUNT SIZE (max $1,000,000 USD).
Step 2
Do not violate any loss rules
single PHASE: 5% DAILY, 6% OVERALL
2 PHASE: 5% DAILY, 10% OVERALL
Step 3
achieve TARGETS. get funded. NO TIME LIMITS!
Choose a Funding Amount
Trade with up to $1,000,000 in capital
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
So, if your equity on any given day is $106,000 but the balance is still $100,000, the Daily Max Loss breach level is still $95,000. If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 Single Phase account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Unless add-on is purchased, we require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 2 Phase account, the account can only be breached if it goes below $90,000 (10%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $90,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:50)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
We require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 2 Phase account, the account can only be breached if it goes below $90,000 (10%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $90,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:50)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
We require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 2 Phase account, the account can only be breached if it goes below $90,000 (10%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $90,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:50)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
We require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 2 Phase account, the account can only be breached if it goes below $90,000 (10%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $90,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Forex, Metals, Oils, and Indices (1:50)
Cryptocurrencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
We require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
Upon passing, you will need to perform KYC to receive your Funded Account. Once you've completed the KYC/Contract, our team will allocate the new funded account for you. Every trader that has been funded with us since our inception that has requested a payout, has been paid out.
If you are in profit on a trade, this has no effect on the Daily Max Loss until you close the trade since the Daily Max Loss is based on balance, meaning you won't have to deal with any of the problems that occur with firms that offer an equity-based Daily Max Loss.
This is also updated and shown in your Trader Dashboard, so you can keep track of it with no issues.
For example, on a $100,000 2 Phase account, the account can only be breached if it goes below $90,000 (10%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $90,000 (6% from the original balance).
Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (see Rules tab above for more information and examples).
Currencies, Metals, Oils, and Indices (1:50)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
We require all trades to be closed by 3.45pm EST every Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open
For specific info on News Trading, please read “Expert Advisors and News Trading” in our FAQ section.
THE HYDRA ADVANTAGE
SEE HOW WE COMPARE AGAINST OTHER FIRMS
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Choose a Funding Amount
Trade with up to $1,000,000 in capital
Trusted Choice by Winning Traders
100% Payout Success Rate - You Succeed We Succeed
RULES & Frequently asked questions
If the rule isn't in our Terms & Conditions, you are in the clear.
The rules apply to both Evaluation and Funded accounts.
Unlike other prop firms, there are 0 hidden rules. All parameters for the evaluation and the funded account are the same and found on this page.
Please make sure to take the time to read every rule below. We are building a firm that focuses on your success, part of that is bringing on traders that understand exactly how we operate.
There are only 3 ways to breach and lose an account, please read below for more details:
- Maximum Drawdown Rule [full details under "MAXIMUM DRAWDOWN"]
- Daily Loss Rule [full details under "5% DAILY STOP"]
- Inactivity of 30 days (if you do not place a trade at least once every 30 days on your account, ThinkMarkets / Hydra Funding will consider the account INACTIVE and the account will be breached.
Hydra allows traders to customize their trading accounts to suit all strategies and traders.
On the "checkout" page, members will have the ability to choose to pay extra for "upgrades" in their evaluation, making their evaluation fine tuned to their own system. These upgrades will include the following and will see a price increase as addressed below:
- Hold over the weekend - 10% price increase
- Double Leverage (this will double all FX and metals leverage, does not apply to other symbols) - 25% price increase
- No Stop Loss Required - 10% price increase
- 90/10 Account Gains Split - 20% price increase
Instead of increasing price on standard challenges, we allow traders with different strategies and risk appetites to customize their accounts as they see fit.
Challenge: Once your payment is processed (usually 15-30 minutes), details will automatically be sent to your email from support@hydrafunding.io. If you do not receive your credentials after 1-2 hours, please use the Contact Us feature on our website and we'll make sure to get your account resent.
Live/Funded Account: Upon passing your Assessment, you will receive an email from support@hydrafunding.io with instructions on how to access and complete your Trader Agreement. Once the agreement is completed and supporting Know Your Customer documents provided, your funded account will be created, funded and issued to you typically within 24-48 business hours.
If you do NOT receive an email, it is likely that the spam filters on your email stopped our email from coming through, so please check your spam folder - and if you still haven't received it, please reach out to us using the Contact Us and we will take care of you.
Credentials and links will be sent directly to your email along with downloads to the trading software immediately after payment is processed (usually 15-30 minutes). You can also access the Trader Dashboard using the Login tab above.
The Daily Stop Loss is the maximum your account can lose in any given day.
Daily Stop Loss is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale account gains without fear of losing your account. The Daily Stop compounds with the increase in your account.
Example: if your prior day's end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $96,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $96,000.
Unlike other firms, our Maximum Drawdown does NOT trail. Our max drawdown is static and calculated ONLY on initial Balance.
For example, on a single phase $100,000 account, the account can only be breached if it goes below $94,000 (6%). So if your balance grows to $107,000 on a $100,000 account, the Max Loss is still $94,000 (6% from the original balance).
Important Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (please see below example).
Example: If you have a funded 2 Phase $100,000 account, the Max Loss Breach level would be $90,000 (-10% of the initial balance). If you then traded your account up to $115,000, the Max Loss Breach level would still be $90,000. If you then withdrew $10,000, upon your first withdrawal, the Max Loss locks in at the ORIGINAL account balance.
So after withdrawing $10,000, your account will have a balance of $105,000 and the breach level is now $100,000, meaning you now have a buffer of $5,000. Similarly, if you withdrew the full $15,000, your account balance would now be $100,000 which is also the BREACH level, meaning you would lose your funded account.
Further Example: If you continued to compound your 2 Phase $100,000 all the way to $150,000, the Max Loss Breach Level is still $90,000. However, if you then withdrew $25,000, the Max Loss will lock in at $100,000, meaning you would now have $25,000 as a buffer (Max Loss).
We have included this rule to incentivize our funded traders to compound their accounts, ensuring that they have a hefty buffer, can pay themselves out as they see fit, and continue trading with Hydra Funding as a Hydra Funded member.
Unless you paid for the upgrade (available on the checkout page when you select an Evaluation above - we require a stop loss to be placed when opening a trade. Failure to place a stop loss or placing a stop loss after opening a trade will automatically close the trade. This is NOT considered a violation and you will be able to continue to trade and can reopen a trade with the right stop in place.
When you are ready to request a withdrawal simply login to your Hydra Dashboard and select the "Payouts" tab in the left hand menu under funded accounts.
You can then submit your preferred payout method either "USDT" or "Wire Transfer". Standard processing time is 3-5 business days.
First withdrawal can be anytime, subsequent withdrawals every 30 days or more.
Important Note: the Max Loss moves to the initial balance after the first withdrawal - incentivizing our funded traders to compound and grow their accounts before withdrawing huge earnings (please see below example).
Example: If you have a funded 2 Phase $100,000 account, the Max Loss Breach level would be $90,000 (-10% of the initial balance). If you then traded your account up to $115,000, the Max Loss Breach level would still be $90,000. If you then withdrew $10,000, upon your first withdrawal, the Max Loss locks in at the ORIGINAL account balance.
So after withdrawing $10,000, your account will have a balance of $105,000 and the breach level is now $100,000, meaning you now have a buffer of $5,000. Similarly, if you withdrew the full $15,000, your account balance would now be $100,000 which is also the BREACH level, meaning you would lose your funded account.
Further Example: If you continued to compound your 2 Phase $100,000 all the way to $150,000, the Max Loss Breach Level is still $90,000. However, if you then withdrew $25,000, the Max Loss will lock in at $100,000, meaning you would now have $25,000 as a buffer (Max Loss).
We have included this rule to incentivize our funded traders to compound their accounts, ensuring that they have a hefty buffer, can pay themselves out as they see fit, and continue trading with Hydra Funding as a Hydra Funded member.
Weekend holding and trading is available as an add-on option for our 1 Phase Challenges. It is not available for 2 Phase Challenges.
Unless you paid for the upgrade (available on the checkout page when you select an Evaluation above - we require all trades to be closed by 3:45 pm EST on Friday. Any trades left open will be closed automatically from our end. This is NOT considered a violation and you will be able to continue trading your account at market re-open.
Expert Advisors:
EAs are permitted on ALL Hydra Funding accounts. Your trading robots are welcome here.
News Trading:
Trading during news and holding over news is only permitted under our Single Phase Challenges.
2 Phase challenges must adhere to the below conditions:
It is the trader's responsibility to have all positions for the associated symbols, as listed hereunder, closed no later than two (2) minutes in advance of the economic releases pursuant to the respective economic calendar:
Country News Release | Symbols
USA Non Farm Payrolls | All
USA Retail Sales | All
USA CPI | All
USA PPI | All
USA Michigan Consumer sentiment | All
USA GDP q/q | All
USA Core PCE Price Index m/m | All
USA ADP Non-Farm Employment Change | All
USA ISM Manufacturing PMI | All
USA ISM Services PMI | All
USA Crude Oil Inventories (EIA) | USOil, UKOilUSA Natural Gas Inventories (EIA) | NGAS
USA FED Interest Rate decision | All
EU ECB Interest Rate decision | All EUR FX pairs
UK BOE Interest Rate decision | All GBP FX pairs
You will have access to the same balance as the challenge account you passed.
If you traded with $100,000 in the challenge, you will also trade with $100,000 in the Hydra Funded Account.
Upon successful completion of the Assessment, we grant you access to a funded account, supported by our own capital.
It's important to note that the capital allocated to your Funded Account is notional, which means it may not align precisely with the amount of capital held with the Broker.
A Funded Account is considered notionally funded when there is a variance between the actual funds within the account (i.e., the equity in a Funded Account represented by the capital amount) and the nominal account size (i.e., the size of the Funded Account that sets the initial account value and trading level).
Notional funds are essentially the difference between the nominal account size and the actual capital within the Funded Account.
It's worth mentioning that the use of notional funding has no impact on your trading level or the way your account operates. The account will trade in the same manner as if notional funds were not in use. This includes adherence to the same conditions and rules governing soft breaches, hard breaches, Daily Loss Limit, Max Drawdown, stop loss, and position limits.
There are 3 ways to lose an account: Daily Stop Rule, Maximum Drawdown Rule, or after an inactivity period (not opening or closing a trade) of 30 days.
While there are no minimum trading days, you need to maintain an active account by trading at least once every 30 days.
Funded Account Limits:
$2 million max per person (can be made up of multiple assessments).
$2 million max per strategy (can be made up of multiple assessments).
Note:
There is NO limit to how many accounts you may have (as long as it's within the $2 million limit). There is NO limit for compounding. Up to $1 million of initial funding, then grow the account to any balance you desire - yes, even $10 million, $20 million, and so on.
All markets offered here (all offered through ThinkMarkets) will be tradeable with our proprietary firm. We offer Currencies, Indices (including DXY, VIX), Commodities, Digital Currencies, and Individual Shares. Please make yourself aware of any broker side limitations regarding risk and depth of market as Hydra Funding has no control over these things.
Once you have received your account, please make sure to "Show All" pairs in the terminal.
Single Phase Accounts Leverage:
Currencies, Metals, Oils, and Indices (1:10)
Digital Currencies (1:2)
Stocks (1:5)
2 Phase Accounts Leverage:
Currencies, Metals, Oils, and Indices (1:50)
Digital Currencies (1:2)
Stocks (1:5)
Double leverage upgrade available at checkout. Only applies to Currencies, Metals, Oils and Indices. Digital Currencies and Stocks are not included.
Lot Size Specifications:
Right click the market you are trading and press Specification in the MT4/MT5 terminal.
Slippage:
Although ThinkMarkets has extremely good depth of market on most of its offered pairs/markets, there are some exceptions - these are entirely handled by ThinkMarkets, and Hydra funding has no control over depth of market or broker pricing or ANY broker related services.
Digital Currencies offered with Hydra funding via ThinkMarkets are offered as a CFD and not as a DEX product - so you may experience higher slippage as you trade larger lot sizes - This is true regardless of the broker executing the trades, but please make sure you are aware of how slippage works and can impact your trading.
Spreads on all tradeable instruments are provided by ThinkMarkets starting as low as 0 pips on Majors.
Commissions are as follows:
Currencies & Metals: $7 per lot, round trip
All Other Pairs: $0
Below are the geographical locations we are unable to support with funding (subject to change):
Afghanistan
Botswana
Congo
Crimea
Cuba
Democratic Republic of Congo (DPRK)
Republic of the Congo
Ethiopia
Iran
Iraq
Japan
Kenya
Lebanon
Libya
Myanmar (Burma)
North Korea
Pakistan
Russian Federation
Somalia
Sri Lanka
Sudan
Syria
Trinidad and Tobago
Tunisia
You are also restricted from employing any trading strategy that is explicitly forbidden by Hydra Funding or the Brokers it partners with. Such prohibited trading, referred to as "Prohibited Trading," encompasses, but is not limited to:
Exploiting errors or delays in the pricing and/or platform(s) provided by the Broker.
Utilizing non-public and/or insider information.
Front-running trades executed elsewhere.
Engaging in trading that jeopardizes Hydra Funding's relationship with a Broker or could lead to trade cancellations.
Conducting trading that results in regulatory issues for the Broker.
Using any third-party strategy, off-the-shelf strategy, or one marketed for challenge accounts.
Employing one strategy to pass an assessment and subsequently switching to a different strategy in a funded account, at the discretion of Hydra Funding.
Holding a Single Share Equity CFD position into an earnings release related to that underlying equity. To comply with this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release (if an aftermarket release) or on the preceding day (if a before-market-open release). Violating this rule will result in an immediate, hard breach of your account, with any gains or losses on the position removed from calculations.
Entering into an Equity CFD near the end of the trading day with the intent of profiting from the market gap between the market's close and its subsequent reopening on the following trading day, as determined solely by Hydra Funding.
Attempting to arbitrage an assessment account with another account held with the Company or any third-party company, as determined solely by Hydra Funding.
If Hydra Funding identifies that your trading falls under the category of Prohibited Trading, your participation in the program will be terminated, possibly including the forfeiture of any fees paid to the Company. Moreover, prior to granting a funded account, Hydra Funding and the Broker will review the Trader's trading activity under these Terms and Conditions to determine if it constitutes Prohibited Trading. In instances of Prohibited Trading, the Trader will not receive a funded account.
Furthermore, Hydra Funding retains the right to disallow or block any Trader from participating in the program for any reason, at the Company's sole and absolute discretion.
why traders choose hydra?
world class trading conditions
Spreads on Hydra accounts start from 0.1 pips with low commissions and lightning fast execution, perfect for all strategies.
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120+ Trading INstruments
Trade anything you like on the live markets, from Currencies, Indices, Commodities, Stocks, and Digital Currencies.
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community of profitable traders
The Hydra community is always here to help you learn and make money with the best of the best.