Are you tired of the lies and fly-by-nights?
Learn more about Hydra Lynx and why it is the right solution for you.
PRODUCT
Hydra Lynx is solely focused on PAMM and managed trade accounts. We do offer a reconfigured version of our premium MT5 Expert Advisor to selected customers, please contact us for more information.
We believe in having skin in the game. Profitability and reliability are paramount to our offering, and the best way for us to deliver this is through an affordable managed account and PAMM service. In our experience one off products are suited to experienced traders (despite some of the great crash courses out there).
Our vision is to allow anyone to trade the markets, and not have to worry about how to do this, have virtual servers, or manage the inevitable complexities of Expert Advisor set files and other technicalities.
Importantly, Hydra Lynx is a complete customer experience, and no customer is ever abandoned (a common problem in the trading world).
Everyone is high fiving when profits are rolling in, and as soon as the account is in trouble, the support dries up and the customer is blamed or advised to just deposit more funds and hope for the best.
Hydra is a comprehensive trading platform that is highly dynamic and truly one of a kind. It has been designed and engineered from the ground up on MetaTrade 5 over several years. Significant time was spent in beta and closed user group testing. The platform is constantly evolving and improving, and all customers benefit from this automatically.
Hydra is automatically configured based on the customer account size and risk profile. All options are discussed up front with every customer in a 1:1 introduction call. This is reviewed monthly or at the customers request.
A common question, and very valid when signing up for a new service. There are many factors involved in determining the ROI of an account. AS a rule of thumb Hydra aims to return a minimum of 5% compounded per month, although this can vary based off account size and the risk profile of each customer.
The platform can produce significantly higher returns, although this introduces more risk and should be managed through cautious money management strategies.
We provide historical performance to help guide your decisions.
If we feel your setup or instrument selection is not performing optimally, we will discuss with you and adjust to help you reach your objectives.
Likewise, if we feel your settings are overly aggressive for your account, we will work with you to de-risk these. Nothing is done without consulting you first.
Percentage Allocation Management Module or PAMM, is a form of pooled money CFD trading. An investor gets to allocate their money in desired proportion to the qualified trader(s)/money manager(s) of their choice. These traders/managers may manage multiple forex trading accounts using their capital and such pooled money, with an aim to generate profits.
Hydra Lynx operates a USD based PAMM with Doo Prime (currently closed for new customers due to over subscription)
The PAMM operates as any other broker account would, with some differences.
For deposits, you will need to meet the minimum upfront requirements of $1,000. You are able to top-up this deposit as frequently as you would like with any amount over the minimum deposit value.
Withdrawals are permissible, once the overall account balance is over the high water mark and the withdrawal has been approved by Hydra Lynx. This ensures the safety of the fund at all times, whilst allowing flexibility to the investor.
ACCOUNT
For any of our PAMM offerings a minimum of $1,000 is required.
For the standalone Managed Account we accept deposits of $50,000 or more.
Accounts larger than $200,000 create interesting opportunities that allow us to implement different strategies.
These are discussed with each customer before going live.
All our services are only offered through Doo Prime, an EU regulated broker.
At this stage we do not have a broker for US/Canadian customers.
We ask all customers to never do anything manually on their account.
Whilst technically this is feasible, there would be repercussions of doing this.
Should a customer wish to manually trade, we ask they do this from a separate account.
MANAGED ACCOUNTS
The standard performance fee is 20% of realised profits, billed at least monthly.
The performance fee is taken from the trade account, unless the customer has requested to pay these using another method.
We use the High Water Mark method to ensure there is no double dipping on the customer profits.
Our services are non-binding. You may suspend or cancel the service at anytime, as long as the account has been traded out. We request some notice to allow us to wind down the trade activity of the account.
Each account is managed separately, and as such they will attract the performance fee individually.
PROFITS
Your profits are retained in your broker account and can be accessed by logging into Doo Prime and withdrawing directly. We do request that you never withdraw more than your profits as your account would have been setup specifically for this account size. If this is the case, please speak to us first so we can make any required adjustments to your configuration.
There are several options available to you in this instance. If you have made sufficient profits, you can add more products to your portfolio or adjust the risk settings of your current portfolio to take advantage of the higher available balance.
Some accounts can also be enabled for compounded growth if opted for, which will ensure Hydra trades optimally for your account size without interference.
PAMM performance is monitored through the Dooprime PAMM dashboard, which as a customer you will have access to 24/7.
Managed Account performance monitoring is enabled through MyFxBook. The performance is updated in near real-time although generally most customers check their accounts weekly.
SUPPORT
Every customer will know who their dedicated account manager is. Communication is generally done via WhatsApp, e-mail and video calls.
Monthly performance reviews are carried out at the customers request.
We accept customer from all countries that are not listed on our restricted list.
Some customers have dual nationality, with one of them being on the restricted list. We are able to accept these customers.
If you have any uncertainty please reach out to us.
- United States of America
- Canada
TRADING
Once you are setup and trading, no additional time is required from you. You are free to get on with your day-to-day life and let Hydra earn for you while you live your life.
An understanding of what trading is conceptually, is a great start as you should never get involved in anything you do not know. There is a lot of literature available online for newcomers.
As far as using the Hydra service, no prior experience in trading or technical knowledge is required.
Hydra has several features which are proprietary and are not available publicly. Once you are signed up and a paying customer you will be invited to sharing sessions with an expert who will answer questions and demonstrate some of our capability.
Hydra has a fully fledged PAMM offering and has managed to bring its consistency and performance seen before to our latest rendition with Dooprime . This is a free to subscribe offering with a 20% performance fee
Most products, commonly known as Expert Advisors, are one off purchases. 9 times out of 10, you are expected to be able to run these yourself usually off a Virtual Private Server. There are many good EA’s available on the market, and there are many very poor ones (sometimes it’s a challenge to really know).
This is a full service offering and not a piece of software. You get direct access to some of the most highly traded markets in the world but in a safer and more controlled manner, with superior customer support.
Hydra is built around volatility, and so frequency of trading is affected by this. Hydra will generally not trade adverse events, however there are caveats to this depending on your current positions.
In general, Hydra is risk adverse and will always try to take the least risk approach to everything. By default, this means it could trade less frequently than platforms which may be designed around signals.
No NEW trading cycles are opened within 24 hours either side of high impact news events. If there are existing trade cycles open, these will trade through using extreme risk avoidance strategies which deploy automatically to safeguard the account. Many of these are proprietary to Hydra and first of a kind in the retail market today.
Opening a broker account may seem daunting at first, but this is not unlike opening any transactional account with a financial institution. The most important aspect is to use a broker that is regulated in your domicile jurisdiction to avoid AML and KYC complications. If you require assistance with selecting a reputable broker, you can reach out to us.
Our recommended broker is Doo Prime, who offer a swap free account with tight spreads and favourable features.
The high watermark is a term used to describe the equity of the trade account. The importance of this term derives from the nature of expert advisors which predominantly sit in perpetual drawdown. Although this drawdown figure changes it ensures we are not deducting performance fees from unrealised profits. The account may have increased its balance but if equity is below your starting balance we cannot take a performance fee and therefore important for you to be aquatinted with this term