With Pipfox you trade gold from a Telegram chat, in the same lots and pips a forex broker uses. Your money stays in your own wallet on Hyperliquid: Pipfox can place the trades you confirm, but it can never withdraw.
What you need
- Telegram, and a wallet app such as MetaMask or Trust Wallet.
- USDC in your Hyperliquid account. Hyperliquid's minimum deposit is 5 USDC; we suggest at least 10. If you have USDT, see how to deposit it.
Step by step
- Open @pipfoxbot, tap Start and say which country you live in.
- Send
/setupand tap Connect & approve. It's one page and three free signatures in your wallet; no money moves. - Add funds:
/fundin the bot shows the cheapest route for you. - Type
/long GOLD 0.01 lot sl 50 pipsto buy, or/shortto sell. - Check the preview, then tap Confirm.
What the numbers mean
| 0.01 lot | 1 ounce of gold |
| 1 pip | a $0.10 move in gold's price |
| Each pip at 0.01 lot | $0.10 (at 1 lot: $10) |
| A 50-pip stop at 0.01 lot | about $5 lost if it's hit, plus fees |
The preview shows all of this before anything is sent: the position's size in dollars, what one pip is worth, where your stop sits and what you'd lose there, the liquidation price, and our fee.
Fees
Pipfox charges 0.02% of the trade's size on gold: on $4,000 of gold that's $0.80. Hyperliquid charges its own exchange fee on top. Trading needs no subscription, and there's no deposit fee.
Closing and stops
Close with /close GOLD. Your stop-loss is placed on Hyperliquid itself, so it still triggers if Pipfox is ever offline.
Trading with leverage can lose you more than you expect, and quickly. Only trade money you can afford to lose. This guide is general information, not financial advice.