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- Website: hycm.com
- Phone: Phone: + 44 – 208 – 816 – 7812
- Address: 47, Spyrou Kyprianou Avenue, The Noble Center, 4th Floor, Mesa Geitonia, CY-4003 Limassol
- Minimum deposit: 0.01 lots
- Leverage: 09:20
- Spread: From 0.2 pips
- Instruments: Forex, indices, metals, oil, gas, commodity markets, securities, cryptocurrency
- Margin Call / Stop Out: 100% / 20%
- Regulated: Yes
- FCA Link: https://www.fca.org.uk/news/warnings/hycm-option-clone-authorised-firm
HYCM offers a number of services that traders require to be successful in the forex market. For example, it offers Forex, indices, metals, oil, gas, commodity markets, securities, cryptocurrency. It also offers a variety of payment options and live chat or phone support. These features will make it easier for investors to open accounts and make withdrawals. To be able to open a trading account with HYCM, you must register with the firm.
HYCM offers several different withdrawal methods, including credit cards, bank wire, and PayPal. Withdrawals are processed quickly, and there are no fees associated with these methods. Another feature that HYCM has that few other companies offer is a free twenty-day MetaTrader 4 demo account. This will give you a real-world feel for trading, and it will help you practice in real market conditions with live pricing. Likewise, many other providers offer 30-day demo accounts for newcomers to try out their trading platforms.
There are several reasons to choose HYCM as your broker. First and foremost, this broker provides powerful influence levels. Their spreads for major sets like EUR/USD are From 0.2 pips and 0.3 spaces for spot gold. In addition to that, their spreads on FTSE 100 prospects are From 0.2 pips. HYCM also has flexible funding options, which makes it easier to start trading without a large sum of money.
HYCM has excellent support. Their website contains an introduction to forex for beginners, as well as information on technical analysis. The website also offers a daily economic calendar and examples of trading rules for different markets. All three types of accounts have different minimum deposits, but the minimum amount for each is 0 for Fixed, Classic, Raw accounts. They all have a minimum lot size of one unit. They all have a range of leverage.
For Fixed, Classic, Raw accounts, HYCM uses the MetaTrader 4 exchanging stage. This stage is customizable and easy to use. In addition, the platform also allows dealers to view various underlying diagramming devices, point value elements, and different periods. After enrolling with HYCM, you can practice the currency pairs and other instruments in a demo account. You can even try out HYCM with a demo account.
The company was founded in 1998 and has offices in United Kingdom, Cyprus, UAE, Cayman Islands. It has an international network of affiliated IB offices and has branches in over twenty countries. HYCM holds clients’ funds in highly rated financial institutions and is linked with major banks. It offers trading through MetaTrader 4, MT4 and the ICM MT4 platform. It also offers bonuses and contests for its users. This is an excellent way to test out the market before making a large investment.
HYCM’ customer support is available 24 hours a day. The company offers MT4 trading for its customers. The company also offers a demo account. If you’re new to the forex market, you can sign up for a demo account to get familiar with the interface and learn the basics of forex trading. You’ll be able to trade with small capital and make big trades with large amounts of money.
HYCM offers a free demo account for beginners. It is possible to sign up for a free account through its website and begin trading in minutes. The site also offers an introduction to forex for beginners. It also offers a variety of other tools, including the MetaTrader 4 platform. For example, MetaTrader 4 has a built-in charting tool that allows you to see price dynamics and analyze charts. It has multiple time-frames and is accessible to all levels of traders.