hermid.com

What It Is

Hermid is automated trade execution software provided by HERMID Global LLC, registered in Wyoming, USA. It is not a crypto exchange, wallet, or asset management firm. Instead, it runs preset trading logic through the user’s own MetaTrader 5 brokerage account. User funds always remain in the brokerage account; Hermid only receives permission to place, modify, and close positions.

Core Features and Market Coverage

The platform currently discloses two executors: Hermes for BTC/USD, described as a trend-following strategy with risk control based on realized volatility; and Midas for XAU/USD spot gold, leaning toward intraday mean reversion with trading-session and volatility filters. It supports any broker that provides MT5 accounts, but the actual trading conditions, spreads, commissions, leverage, slippage, and deposit/withdrawal experience all depend on the broker selected by the user.

Pricing, KYC, and Security

Hermid uses a single subscription plan at $250/month, with no trial. Billing recurs every 30 days, and cancellations take effect at the end of the billing cycle. Processed monthly fees are not eligible for partial refunds. Signing up for Hermid only requires an email address and password, with no identity verification; however, KYC for opening a brokerage account is handled by the third-party broker. On security, the website highlights TLS 1.2+ encrypted transmission, encrypted credential storage at rest, no plaintext storage, and the fact that MT5 permissions do not include withdrawals or changes to account ownership. Users can stop executors from the dashboard, or revoke access by changing their MT5 password.

Compliance and Risks

Hermid explicitly states that it is not an investment adviser, is not registered with the CFTC, NFA, SEC, or FINRA, and does not provide personalized investment advice or profit guarantees. The performance curves shown on its pages are illustrative only and do not represent real account performance. Automated trading of crypto assets and financial instruments carries high risk and may result in the loss of all principal. Hermid also excludes liability for risks such as slippage, broker servers, liquidity, and regulatory changes.

Pros, Cons, and Who It’s For

Its strengths include a non-custodial setup, clear architecture, no need for local installation, the ability to stop usage at any time, and support for the user’s choice of MT5 broker. Its weaknesses are that it only covers BTCUSD and XAUUSD, lacks publicly verified real performance records, has a monthly fee that may be expensive for smaller accounts, and has limited regulatory credentials. It is better suited to users who are familiar with MT5, can independently assess broker risk, and are comfortable with high volatility and the uncertainty of automated strategies.

Access from China and Alternatives

The main materials do not disclose availability in mainland China, Chinese-language support, or local payment options, so these remain unknown. Chinese users should also pay close attention to the accessibility of their chosen MT5 broker, funding channels, and local compliance requirements. Comparable alternatives include 3Commas, Cryptohopper, TradingView automation signals, MT5 EAs, and exchange API-based quantitative trading solutions.