Trading solely based on news events is not allowed as we consider it a highly risky strategy. However, during news events, you do not need to close your positions; you can continue trading as usual.
Is news trading allowed?
New to HyroTrader
Evaluation Process
- How can I become a Trader with HYROTRADER?
- How long does it take to become a HyroTrader?
- What happens after successfully completing both Phase 1 and Phase 2 of verification process?
- I just got verified when do I get the refund?
- I have reached the profit goal, will I receive an automatic notification from Hyrotrader team?
- What are profit goals for each verification phase?
- Will I be automatically notified if I breach one of the rules?
- Do I need to complete KYC on Bybit when starting the verification process with HyroTrader?
Rules
- If I break the rules, do I get another chance?
- Do I have to close my positions overnight?
- What are the other risk management conditions in HyroTrader?
- Minimum trading days
- How is 5% daily drawdown calculated?
- How many positions can I open?
- Do you have an inactivity rule?
- What does the removal of payout limits on live accounts mean?
- Spot trading rules
- Prohibited Actions
- Can I place an order without a stop and then set a stop loss?
- Is news trading allowed?
- I have one trade that exceeds the distribution rule. What happens now?
- Can I trade spot and perpetuals at the same time?
Platform
- Which platforms can I use for trading?
- What instruments can I trade?
- Can I create an API Key on Bybit to trade on a different platform?
- Is trading allowed for individuals from restricted countries?
- Which countries are allowed to join HyroTrader? Can I join from the US/UK?
- What leverage can I use?
- Is it possible to trade USDC on funded accounts?
Hyrotrader Account
- What is the legal relationship between a trader and HyroTrader during account management?
- How can I withdraw my profits?
- When will I get the account?
- When will I transition from the simulated demo account to the fully funded real account?
- How much is the profit split?
- What happens if I fail the account but it’s still in profit?
Orders & Billing
Crypto Proprietary Trading Firms
- What Is a Crypto Proprietary Trading Firm?
- How crypto prop trading firms works?
- Traditional proprietary trading firms.
- Proprietary trading firms offering both real trading and simulated trading accounts.
- Proprietary trading firms that offer only simulated trading accounts.
- What Are the Best Crypto Proprietary Trading Firms?
- How Do Crypto Proprietary Trading Firms Earn Money?
- What Cryptocurrencies Can You Trade With a Crypto Proprietary Trading Firm?
ByBit Cashback