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What is HYDRA Trade Systems?

HYDRA is a hosted trading application for individual Bybit perpetual-futures traders who want a configured strategy to execute automatically. The strategy uses fixed trading rules without AI. It evaluates market conditions, applies risk checks to signals and places orders using the user’s trade-only exchange API key. Trading funds are held in the user’s Bybit account; the software does not request withdrawal permission. Users can inspect a public record of entries, exits and results, with backtest data identified separately from bot trades. A free Bybit demo with simulated funds is available before purchasing live access. Monitoring tools include risk settings and Telegram notifications. The live subscription costs $100 per month and is paid in USDT. Support includes automated chat available 24/7 and email. Eligibility for a live exchange account depends on Bybit’s regional and account requirements. Perpetual-futures trading involves leverage and risk of loss. Past results are not a promise of future returns.

What is AlgoWay?

AlgoWay presents a cutting-edge trade automation platform that harnesses signals via webhooks from services such as TradingView, MT5, and cTrader, facilitating trade execution across a multitude of brokers and exchanges through its integrations with platforms like MetaTrader 5, cTrader, TradeLocker, Match-Trader, DXtrade, Binance, and Bybit, among others. The system is equipped with extensive functionalities for order routing and risk management, which includes features for position sizing, as well as stop-loss and take-profit configurations, in addition to overseeing positions that allow for take-profit actions, partial closures, and trailing logic. Furthermore, AlgoWay supports the application of diverse trading strategies while managing multiple accounts at once, featuring a distinctive "clone" capability that allows trades to be mirrored across various accounts seamlessly. Users are presented with an easy-to-navigate dashboard that tracks execution logs and monitors connection statuses, thus ensuring a transparent overview of operations that enhances reliability and clarity. Tailored for traders and teams aiming for efficient automation from the point of signal generation to the final execution, AlgoWay effectively removes the necessity for manual trading, thereby optimizing the trading workflow. This sense of efficiency not only enables users to concentrate on refining their strategies and conducting thorough analysis but also leads to an overall enhancement in trading performance—ultimately fostering a greater potential for success in the markets.

Media

Media

Integrations Supported

Bybit

Integrations Supported

Bybit
Alpaca
Binance
BingX
BitMEX
BitMart
Bitget
Capital.com
Coinbase
DXtrade
Gate.io
Hyperliquid
MEXC
MetaTrader 5
OKX
ProjectXpert
Telegram
TradeLocker
TradingView
Tradovate

API Availability

API Availability

Has API

Pricing Information

$100/month
Live access costs $100 per month, paid in USDT. The free Bybit demo uses simulated funds. Live trading requires an eligible Bybit account and is subject to exchange and regional restrictions.
Free Version

Pricing Information

$6/month
AlgoWay pricing starts from $7/month for MT5 automation routes and $9/month for TradingView webhook routes and $12/month for Telegram trade copier.
Each plan is route-based, meaning you pay for the active Source → Platform connection, not for the number of alerts, symbols, or webhook messages.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

HYDRA Trade Systems

Date Founded

2022

Company Location

Tallinn, Estonia

Company Website

hydra-trade.systems/

Company Facts

Organization Name

AlgoWay

Date Founded

2024

Company Location

Georgia

Company Website

algoway.trade

Categories and Features

Crypto Trading Bots

Not specified

Categories and Features

Algorithmic Trading

Not specified

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