Nowadays, financial investments are the haven for most traders to take advantage of the market’s volatility based on the global tension, whether the uprising conflict in the Middle East or the war threats between North Korea and The United States in addition to other economical drops.
Finding the right Forex broker is a bit of a problem for all traders, as they all vary in requirements starting from deposit requested to leverage and spreads offered.
HYCM broker is one of the oldest brokers in the economic community that has been around for almost 40 years now as it was founded in 1977 in London. HYCM Broker is operated by Henyep Capital Markets (UK) Limited with headquarters located at: 3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom and branches in Hong Kong, Cyprus and UAE.
HYCM broker is a well-known regulated broker by FCA, CySEC, BaFin, ACP, CNMV, KNF, FI, CONSOB, and MNB. HYCM Forex presents Forex and CFD to traders from all over the world except where some regulatory issues are applied. 40 years of experience in the financial business made the company simply one of the best with the advanced services provided throughout 3 continents.
Trading HYCM Forex
Forex trading is the normal kind of financial investments, so in order to profitably trade Forex, you should check the broker you want to trade with before depositing your money. Trading HYCM Forex has its pros and cons as it offers various amount of pairs on HYCM MT4 with fixed spread on every instrument and leverage up to 1:200 which is considered to be high compared to other brokers. Fixed spreads are commonly wider than variable spreads but HYCM login provides trader with protection in the event of spread fluctuation along with HYCM bonus that clients get after depositing.
CFD is one of the most popular investments in the economic world. CFD gives the opportunity to trade on HYCM MT4 with metals (Gold, Silver, etc.), indices (S&P 500, Nasdaq, DowJones, etc.), commodities (Coffee, Cacao, Sugar, etc.), crypto such as (Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash) and stocks (Alibaba, Apple, Amazon, Facebook, etc.) with fixed spreads and leverage from 1:20 up to 1:300. Note that trading CFD on stocks is not available for Micro account holders.
It's recommended for beginners to use HYCM demo first before trying the real accounts in order not to lose all of their funds on HYCM MT4.
HYCM Forex Platforms
HYCM Forex grants the possibility of trading on 2 types of platforms:
HYCM MT4 which is available on the site for downloading. HYCM MT4 comes with a 24 hours support from HYCM Forex team, EA is supported, updated market news live on HYCM MT4, along with leading charting tools and technical analysis.
HYCM login mobile platform is accessible at the App store for iOS and Google play for Android. Traders can stay connected to their account 24/7 and trade at the same time while on the go with instant market execution, live charts, analysis on an easy to use interface.
Keep reading HYCM review in order to find out all about HYCM Forex features including, HYCM bonus and how to register HYCM demo.
HYCM Login Accounts
HYCM login has three types of accounts, each of them has lots and lots of advantages that suit all kinds of traders whether they are beginners or experts in trading. Get to know them in details at HYCM review.
Micro account: with a deposit of only $100, it grants traders 50 instruments with a leverage of 1:200 and fixed spread at 2.0 pips. HYCM login Islamic account is optional. There is no signals with this account, however it offers 25% HYCM bonus and free access to HYCM demo.
Standard account: considers $1,000 as min deposit and offers 120 instruments and leverage is as in the micro account at 1:200. In addition to HYCM demo, HYCM broker presents fixed spread at 1.8 pips and grants free signals together with HYCM bonus of 25%.
VIP account: has $10,000$as a minimum deposit and the same features as the previous account excepting the fixed spread at 1.5 pips along with leverage of 1:200 and 25% HYCM bonus with the free use of HYCM demo.
Note with HYCM login that the Islamic account is available for Muslim traders who want to trade according to the laws of Sharia. All the above mentioned accounts in HYCM review are available for CFD and Forex as well as HYCM demo.
HYCM Review Support
HYCM login support service is accessible through live chat, email, call backs from the support team aside from phone numbers. The service is available 24/5 to all clients in various languages like most of brokers: Arabic, Italian, English, Spanish, Russian and Chinese.
Educating traders is one of the broker’s duties during the process. HYCM broker provides a full education center free of charge so traders can enrich their knowledge of trading using the HYCM demo. The center contains a lot of great materials for beginners and advanced traders alike, such as Ebooks, tutorial videos, news, financial calendar.
HYCM broker has won many awards over the years such as Best Retail Platform 2015, Best Broker in 2015, Best Forex Broker in 2014, Best Global Professional Platform 2014 in addition to others.
Left to say that, HYCM broker doesn’t accept traders from Afghanistan, Belgium, Japan, the United States due to regulatory issues in these countries, however, traders of the rest of the world are welcomed to contact the broker for restriction inquiries.
HYCM Bonus and promotions
HYCM broker offers Refer-A-Friend promotion with the opportunity to get credits up to $250. Every broker has a similar program that encourages trader to bring their friends to try out the HYCM MT4, in addition 10% HYCM bonus to the initial deposit. Also, the company made up an interesting perk - each trader gets $20 on his account for verifying his mobile phone number.