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EUR/USD SPREAD FROM 0.4 PIP

LEVERAGE UPTO 1000:1

MIN DEPOSIT $100 & NO DEPOSIT FEES

120+ PAIRS FX, METALS & CFDs

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OPEN A LIVE FOREX TRADING ACCOUNT

Trading Forex, Metals or CFDs begins with opening a trading account. For those who are new to the world of foreign exchange or currency trading, Hydra Markets recommends that you first open a demo account to practice, then move onto a real money live account.

Start Trading In 4 Easy Steps:


OPEN A DEMO FOREX TRADING ACCOUNT

A demo account is the perfect way to view our real time spreads and product offering before trading with live funds as it is identical to the live account setting. For those who are new to forex trading, Hydra Markets suggests first registering for a demo account, which is free of charge.

A demo account not only allows you to test a strategy with no financial risk but also helps you to familiarise yourself with our trading software. To get started, simply fill out the required fields in the form below. After the form has been submitted, your login credentials will immediately be sent to the email address provided.

Demo Account Features:

  • ​Award Winning and Globally
  • Recognized MT4 Platform
  • Over 120 Tradeable Currency Pairs, Metals & CFDs
  • 24 Hour, Non-Stop Trading
  • Automated, Algorithmic Trading via MT4 EAsA
  • Variety of Deposit Currencies: USD, EUR, GBP, PLN, GEL
  • Free Trading Signals, Indicators, and EAs!

COMMON ACCOUNT QUESTIONS

How long does it take to process my application?

Once a completed application is received, it will be processed in one business day. In addition to the account application, Hydra Markets must also verify the identity and address of each account holder. For this reason a copy of a government issued ID such as a passport or driver’s license as well as a proof of residency are required. Once all documents are received, they will be reviewed and notification of approval sent to the email address provided by the trader during the application process. If all documents are submitted, the verification process should take no longer than 2 business days at most.

What types of documents are acceptable?

Scanned copies of a passport, driver’s license, or national identity card are all acceptable forms of identification; expired documents will not be accepted. Hydra Markets must also verify the address of its account holders. Examples of acceptable documents are either a bank statement or utility bill. It is important to note that the document is no older than 3 months and matches both the name and address supplied on the application.

How soon can I deposit funds?

Funds can be deposited at any time during the application process; however, the application must be fully verified before live trading is activated.

Is my account subject to taxation?

Because forex is an OTC (over the counter) market, there is not a government body which oversees the taxation of FX trading. Hydra Markets highly suggests speaking with either a financial planner or tax advisor regarding the tax implications of trading forex.

What bank accounts may I withdraw funds to?

Hydra Markets will gladly wire funds to any bank account that is registered in the name of the account holder. It is not possible, however, to wire funds to a bank account owned by another individual or entity as this would be considered money-laundering.

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CHOOSE FROM A RANGE OF FUNDING OPTIONS

Risk Warning:
The speculation of both leveraged foreign exchange (FX) and Contracts For Difference (CFDs) products is undertaken in order to potentially earn a profit from the price difference between the opening and closing of the transaction. Because leverage can work either in favour of or against the investor, FX and CFD transactions carry an extreme level of risk. For these reasons, FX and CFD trading may not be suitable for all investors as it is possible to lose a partial or full amount of the invested capital. You should only trade with capital that you are willing to lose. In addition, before making any trading decisions, it is highly suggested that you review the associated risks while taking into account your investment objects and level of experience. Past trading performance is not a reliable indicator of future performance. If you have any doubts, seek independent advice from a financial advisor.


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