This Prop Firm Expands into Crypto, Offering Forex and Digital Asset Accounts
In the prop trading industry, Forex (FX) has undeniably been the dominant market, as it's where retail investors most frequently want to trade.
In the prop trading industry, Forex (FX) has undeniably been the dominant market, as it's where retail investors most frequently want to trade. While cryptocurrencies occasionally appear in offerings, they're typically part of separate firms. Hydra Funding aims to change this, claiming to be the first to offer accounts that allow trading in both FX and digital assets.
Trade Dollar and Bitcoin with One Prop Firm
Earlier this week, Hydra Funding announced the introduction of a new type of trading account. From now on, clients of this prop trading company will be able to trade both traditional currency pairs and over 30 cryptocurrency pairs.
For the two most popular tokens, Bitcoin (BTC) and Ethereum (ETH), Hydra offers maximum leverage of up to 5:1, while for other altcoins, it's 2:1. Cryptocurrency accounts are available from $5,000 to $200,000, with a payout share of 90%.
What other cryptocurrencies are included in Hydra Funding's offering besides BTC and ETH? According to the prop firm's website, these include BNB, LINK, SOL, MKR, and LTC, among others.
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