9 Trading Features To Review Must About HYCM Broker - Binoption
HYCM broker is a trading broker that has been operating for more than 40 years. Henyep Capital Markets is a top regulated broker that is licensed by 3 regulatory bodies.
HYCM offers all kinds of trading assets under their portfolio. We will discuss their key features in this guide. However, for a more detailed analysis, check out our in-depth HYCM broker review
Infographic on HYCM Broker
High Capital Risk Is Involved In Financial Trading
Basic Information:
HYCM started their trading journey by providing Forex and CFD trading. Currently, they offer forex, stocks. indices, cryptocurrencies, and commodities. They have been operating for 40 years.
Why HYCM?
- Minimum deposit $100
- Max Leverage of 1:200
- Min Withdrawal of $20
- 3 different account types
- Spreads as low as 0.2 pips
Demo Account
You will be provided with a demo account worth $50000. You can run this demo for as long you desire.
HYCM Tools:
HYCM provides several tools to make trading easy for their traders.
- Economic Calendar
- Market Outlook
- Calculators News
Trading Bonus
Traders will receive 10% bonus on their first deposit. Upon verifying your phone number, you get $20 trading bonus.
HYCM Regulation:
You get multiple Regulations from top regulatory bodies. HYCM is regulated by 3 regulatory bodies: FCA, CySEC, and CIMA.
Awards
HYCM is the proud winner of multiple awards.
Advantages
- Wide range of trading assets
- High Leverage and Low Spreads
- Bonus on deposit
Disadvantages
- US traders are not accepted
- No prorietary trading platform
- Slow customer support
Account Types
There are 3 account types offered by HYCM
- Fixed
- Classic
- Raw
Education
HYCM’s education section is one of the largest and contains comprehensive educational material on forex trading.
These are the key features of HYCM trading broker. You can choose HYCM for all your trading needs.
