Potongan Diskon setiap pembelanjaan min 500K, CODE : DUFENG20

I like the fact that the company

Fortunately, HYCM was recommended to me as a veteran broker with rich experience. The broker doesn’t try to cheat me hy-markets when I trade and it pays out earnings. I like the fact that the company takes care of the clients’ convenience.

  • By the way, I chose a classic account, and I traded on it for several weeks.
  • Our team has written 100+ broker reviews and we constantly test to maintain accuracy.
  • If I open an account with HYCM, will I be able to trade with Bitcoin?
  • HYCM leverage actually, depending under which regulation and jurisdiction trading account complies with.
  • They offer several well-known platforms making it easy on both, new customers and those transitioning from a different system.

Knowledge of the use and optimal leverage is the key to a successful trading strategy in the financial market. So, regulators restrict brokers in the leverage, reducing the trader’s risk from unnecessary risks and psychological pressure. I do not have a strictly negative or very positive opinion about this brokerage company. I have something to compare https://forexreviewdaily.com/ it with, so I can say that it is a somewhat neutral company with pluses and minuses. For example, there is regulation here which is great news, and money is withdrawn here quickly and with small commissions. But there are no bonuses here which I personally would like to use and the analytics here are too standard, nothing remarkable at all.

HYCM Minimum Deposit

TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. HYCM’s spreads change based on the sort of account that’s opened. Open a new live or demo trading account with HYCM Trade. Your new account will be a unique account, and your pre-existing MT4/MT5 accounts will still be accessible. Check your account balance, deposit and withdraw funds, and execute internal transfers between your accounts.

Newbies and those who trade at market openings and during news releases will definitely appreciate FIX accounts at HYCM. There are also variable spreads on standard accounts and RAW accounts assume you pay minimal spreads and additional commission. There are no per trade commissions of other two account types. FAST EXECUTIONS This is the other important Forex brokers thing that I need to mention as a pro of this broker. Those who have enough experience on the market will understand how this can affect your trading results. When it comes to choosing a broker, the vast majority of traders give the top priority to its reliability. A trustworthy broker needs to have sufficient experience in the field.

The market analysis is curated by both in-house market analysts and a newsletter, in partnership with Trading Central, which provides additional trading ideas. HYCM’s market analysis materials consist of an economic calendar, a calculator, and a market news section curated by both in-house analysts and third-party provider, Trading Central. A well-structured Forex brokers course for beginner traders is also available. In line with Anti-Money Laundering policies, all deposits must be made from a bank account/card registered in your name, and HYCM does not accept third-party deposits. New traders will have to click on the “Open an Account” button at the top of the page where they will be directed to register an account.

HYCM Pros and Cons

I really like that HYCM has licenses from various government agencies. This is very important for me, because I’m so calm about my money. There is a convenient form of 5 questions, answering which you can understand which type of trading account is best suited. https://forexreviewdaily.com/hycm/ I think this account is the best for scalping and intraday trading, which I like to do. Because of my strategy, I trade on short timeframes up to the daily one. There are no problems with the withdrawal, there is no slippage, the Expert Advisors do a good job.

HYCM forex

The only issue – the min deposit here is a bit higher, yet, not that much, just 200 bucks. There is a number of deposit and withdrawal methods that https://forexreviewdaily.com/hycm/ you can use. I’ve withdrawn funds about a dozen of times and each time the money arrived with no delays or further questions from HYCM stuff.

HYCM Review & Rating 2022

I wanted to find a reliable broker that I can trust. One of the oldest brokers in the market, FСA regulation. Besides British regulation there is also CySEC and regulation in the UAE. Of the disadvantages for beginners – there are few promotions and free of charge, no giant leverages , the withdrawal takes 3-4 days. In the rest – a reliable company for serious work. Is this really the key reason why people start to trade? It seems to me that this is not true, because I personally know a lot of people who are responsible for the market, and I can’t say that they came here for some quick money, etc.

HYCM Stocks, ETFs and Index Funds

And then I had a private conversation with a close friend, who at that time already had his business and even a good income, but did not admit in what area he works and what he does. And he just doesn’t need it, he does what he likes. In general, he also offered me to try, at least for a small amount. I have always had good analytical skills, so there was every chance to understand everything and realize myself. It turns out that you can create a business under any circumstances, especially if you have a desire. HYCM does not offer traders any additional tools beyond an Economic Calendar, the services of Trading Central, and a trading calculator. Most other brokers offer various technical analysis tools such as Autochartist, VPS services, and various copy trading platforms.

HYCM offers three live accounts which are suitable for beginners and more experienced traders. HYCM is a normal broker that has its drawbacks. But there are some disadvantages that have almost no effect on anything, and there are those that can ruin your trading quite badly.

Positive reviews on respected websites, which adds to the confidence that the broker is good not only “”on paper””, but also in “”real trading””. https://www.forexlive.com/ Otherwise, usually only one asset group has acceptable performance for trading, and everything else is not very profitable for customers.

Trading ideas

However, if the withdrawal amount is less than $300, the customer has to pay $30 as a transaction fee. All other withdrawal method www.hycm.com charges are covered by HYCM. We have carried out an extensive review of this company and found it legit and recommendable.

I like that there is both the more standard MT4 and the more progressive MT5 platforms. You can view important news, check your trades, check your account there. It’s convenient for me to trade with such conditions.