In the ever-evolving world of cryptocurr ency, HyroTrader stands out as a leading prop trading firm, offering traders the opportunity to trade using a funded account in the crypto market. Whether you’re just starting your trading journey or you’re an experienced professional, HyroTrader provides a user-friendly platform designed to help you succeed.
In this article, we’ll explore How to Use HyroTrade: Step-by-step guide.
What is HyroTrader?
HyroTrader, a cryptocurrency trading platform that launched in 2020, made a strategic pivot in 2023 to concentrate on prop trading services. This shift allowed the company to better serve its clients by partnering with Bybit, one of the leading cryptocurrency exchanges in the market. Through this partnership, clients can trade on Bybit utilizing funding provided by Hyrotrader, which enhances their trading capabilities and access to various market opportunities.
Hyrotrader offers standard accounts with trading capital ranging from $5,000 to $100,000, catering to both new and seasoned traders. In addition, the company has implemented a scaling plan designed to gradually increase investment capital up to $1,000,000, empowering clients to expand their trading activities as they gain experience.
At HyroTrader, rewarding traders for their commitment and outstanding performance is a core belief. As a valued member of the team, you can retain up to 90% of the profits you earn. With a focus on innovation and customer service, Hyrotrader aims to be a leader in the prop trading space, providing clients with the tools and support they need to succeed in their trading endeavors.
| Account currency | USD |
| Minimum deposit | $89 |
| Leverage | Up to 1:100 |
| Spread | Exchange spread |
| Instruments | Cryptocurrency spot, perpetual contracts, futures, options |
| Margin Call / Stop Out | No |
Key Features of HyroTrader:
- Strategic Pivot: Transitioned from a different platform in 2022 to focus on the crypto pro trading market, driving rapid success.
- Direct Trading Opportunities: Allows experienced traders to trade directly on major crypto platforms like ByBit.
- Partnerships with Exchanges: Collaborates with third-party exchanges to ensure transparent and fair trading conditions.
- Personal Account Connectivity: Offers traders the option to connect their personal accounts, enhancing trust and openness.
- Experienced Team: Backed by seasoned entrepreneurs, crypto traders, and developers with a proven track record in building scalable products.
How to use HyroTrader: Step-by-Step Guide
- Apply for HyroTrader Program: Choose your preferred account size and easily connect your exchange account to HyroTrader via API.
- Complete the Crypto Trading Challenge: Follow the trading rules to show that you can consistently be a profitable trader. Your goal is to achieve a total profit target of 15% across two phases, with no time limit.
- Performance & KYC Check: The platform will review your results and verify your identity (KYC) to begin your collaboration. After this, you’ll receive a contract with our Crypto Prop Trading Firm.
- Get Your Crypto Trading Account: Enjoy a profit split ranging from 70% to 90%. Start at 70% and increase by 5% every 4 months.
- Your First Payout: HyroTrader provides the fastest payouts in the industry. Request a payout after just one calendar day from your first trade on the funded account. Payouts are processed within 12-24 hours and paid in USDT. You can secure your first profit share payment upon reaching the $100 profit milestone.
The HyroTrader program is designed to empower traders like you and provide opportunities for financial growth. Follow these steps to kickstart your trading career and work towards achieving your trading objectives.
Conclusion
HyroTrader’s strategic pivot towards prop trading services marks a significant evolution in its mission to empower traders. By partnering with Bybit and offering flexible account options, the platform is well-positioned to cater to the needs of both novice and experienced traders.
With a commitment to rewarding performance and providing essential resources, HyroTrader is not just enhancing trading capabilities but also fostering a community where traders can thrive and achieve their financial goals. So, we recommend to start with small funded challenge, experiment with different strategies, and most importantly, stay disciplined.
Happy Trading!
Also Read: VanEck Predicts Bitcoin (BTC) Price Could Reach $180,000 This Cycle!
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
