Trading Instruments

HYCM provides our traders with extensive trading opportunities in global assets and CFDs. The platform allows traders to invest and enhance their portfolios. The multiple assets provide exposure to traders in the international market.

Forex

The platform provides trading in over 60 FX currency pairs. These include minor, major, and exotic FX pairs from around the globe. The platform offers spreads starting from 0.1 pips.

Commodities

Traders can access raw materials, agricultural products, and natural resources to invest. They can invest in commodities without buying financial products. It is a contract-based trading.

Indices

Traders can invest in over 15 top indices from around the globe with ease. These help traders to invest in the market movements. The platform offers 1:200 maximum leverage.

Cryptocurrencies

Traders can invest in digital currencies like Ethereum, Bitcoin, and Litecoin. The platform helps them trade without purchasing the currencies in physical mode.

Account Types

HYCM offers different account types for traders with various trading styles and experience levels. These account types provide a smooth trading process.

Fixed Account

These accounts are created for beginners starting their trading journey. The platform offers fixed spreads from 1.5 pips. It also has a low minimum deposit for low-budget traders.

Classic Account

These accounts are created for traders investing with variable spreads starting from 1.2 pips. Here, traders get access to expert advisors. This helps in making informed decisions.

Raw Account

These account types incur commissions making it difficult for beginners. It offers raw spread trading starting from 0.1 pips. These accounts are perfect for high-scale traders.

Additionally, the platforms offer Demo accounts for traders. These demo accounts provide virtual funds that you can use to practice trading.

Transactions and Funds

HYCM offers platform provides multiple deposit and withdrawal options. This includes credit/debit cards, e-wallets, and wire/bank transfers.

The multiple payment methods allow traders to invest and withdraw funds easily and hassle-free. The transaction time varies for different payment methods. The transactions can be completed instantly within an hour or take up to 7 business days. The platform incurs a minimum deposit of 20 dollars.

Additionally, the platform does not charge deposit or withdrawal fees making it reliable for the traders.

Security and Regulations

HYCM is a well-regulated and secure trading platform. It is regulated by authorities including FCA, DFSA, and CIMA. The regulatory status ensures industry security standards at the platform for a credible trading process. This helps keep client’s data and funds safe from transactions and third parties.

The platform also has segregated accounts for clients’ funds. This eliminates the risk of fund mismanagement. Overall, the platform maintains confidential information for a smooth trading process.

Customer Support

HYCM provides reliable customer support to assist traders with their queries. The support team is available via:

Live Chat

The platform offers instant responses to general and technical queries.

Email

The platform provides traders with email support for different issues at the platform. The emails include support@hycm.com.

Phone Support

HYCM offers 24/5 call support to traders in multiple languages via +442088167812. This is an effective communication method.

Additionally, the platform provides educational resources. These resources help investors learn and build their trading skills. The resources include webinars, market analysis, and video tutorials.

Is HYCM a Scam?

HYCM is a well-regulated and reliable trading platform. It offers traders with advanced trading tools and opportunities to grow. The safe and reliable trading platform builds trust in the users making it easier for them to trade.

The platform has gained a reputation in the international market with years of service. The platform offers access to the global trading market. Overall, the platform provides dedicated support and robust security to the clients for a seamless trading process.

Conclusion

HYCM is a reputable trading broker offering multiple assets around the globe. It provides traders with a secure and credible trading environment. The platform’s regulations, spreads, platforms and dedicated customer support are prime features.

This makes it a trustworthy choice for traders with different backgrounds. HYCM’s decades-long presence in the financial industry and its regulatory backing from respected authorities can be trusted.