Compare HYCM Forex Broker Swaps
HYCM is an FCA regulated forex broker well-appreciated by traders all over the world. HYCM is a division of the conglomerate Henyep Capital Markets, with the headquarters located in London, UK. HYCM provides access to a wide spectrum of trading markets that include stocks, currencies, and commodities. HYCM forex offers a simple account opening process, comprehensive product and educational resources, making it an excellent choice for all kinds of traders. If you are in search of one of the best forex brokers, this comprehensive HYCM Forex Trading – Review 2019 offers essential information that will help you make a choice. HYCM is the Forex brokerage division of Henyep Group, which began operations as a Gold and Silver exchange platform in Hong Kong during the late 70’s.
https://forexarticles.net/ broker offer three live trading accounts and a demo account as well. The three live trading accounts include a Mini account, Standard account and a VIP account. The mini account was designed with the beginners in mind and it requires an initial minimum deposit of only $100 to open.
Stavros Lambouris is the CEO International of HYCM. As for cybersecurity, traders can feel secure using the HYCM platforms. The broker has implemented state-of-the-art technology and detailed processes to handle key areas such as user authorization, data protection and network communication. The FCA is widely respected as a leader in financial regulation.
A review of HYCM customer service, trading platform, trading costs and other features clearly indicate that if they continue with their stellar success performance then they will rise to be the most preferred broker across Europe and Asia. So far so good, there are no reports of complaints raised by any of its customers. If you do a broker comparison – forex comparison you will agree to the fact that HYCM falls in the category of best forex brokers. HYCM offers its traders two excellent trading platforms.
Their online help is always responsive and is very easy to navigate through their site. FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion. HYCM offers both fixed and variable.
Trade with a multi-regulated broker
You can even trade using the MetaTrader 4 mobile trading application. Most of the negative reviews about HYCM come from a small number of its customers. These are individual experiences and may not reflect the company’s overall performance in forex trading.
Their partnership with Pro Daily gives traders innovative signals while trading and with their MetaTrader platform, traders can add trading signals for free. Clients can contact HYCM through three different forms of customer support channels, direct phone, email, and live chat.
- Despite its respected history, the forex broker struggles to differentiate itself beyond a basic MetaTrader experience.
- i have 5 years experience in trading.
- A certain number of lots have to be traded on a month by month basis and there are three different levels of membership.
- Both awards were handed to them by forex report.
The conference will include comprehensive presentations delivered by some of the most reputable market analysts and traders in the Gulf region. HYCM (www.HYCM.com), an established global forex broker, is presenting the Forex Trading Education Conference in collaboration with financial market news website, Arabic Forex, at the Jumeirah Messilah Beach Hotel & Spa, Kuwait on October 19th from 10 a.m. to 2 p.m. It is free to attend; those who wish to attend simply need to register.
From tips for traders and managing risk to advanced technical analysis, the site appears to have good educational content for everyone. There are three primary account types at HYCM to suit the needs of any individual, defined as Fixed, Classic and Raw Spread Accounts.
With this platform, traders can trade all markets from one integrated account and have access to comprehensive charts and graphs. Live market news is also streamed directly https://forexarticles.net/ to MT4 and traders can benefit from detailed analysis tools, such as Trading Central. i have 5 years experience in trading. i know a lot and ive tried lots of brokers.
The overview page directs you to the download link hycm forex and the setup window. The download is very quick.
HYCM has its base in London, but is also represented in a number of other countries including Hong Kong, Cyprus, Kuwait, and the United Arab Emirates. The list of its regulatory compliances is pretty impressive, with licences issued by the FCA in the UK, the SFC in Hong Kong, and the DFSA in Dubai.
HYCM has been cited by many of these award-giving bodies for being the Best Forex Broker, having the Best Trading Platform, and giving the Best Customer Service. When you click on the red Create Account button on the HYCM platform, the system asks you to pick your country of origin from a drop-down menu. Before you can trade with HYCM for the first time, you need to answer a few questions. You enter your name, email, country of origin and phone number. Then you answer a few questions about your background and financial knowledge.
HYCM Indices Spreads
HYCM and the Henyep Group have been around for decades and the way they are performing, it doesn’t seem like they’re going away soon. If you are new to forex trading and very cautious on where to invest your funds, let HYCM guide you through this complex but rewarding industry. However, not all of the articles published onthe company website only promote their products. There are also various discussions that tackle investing in general. Articles that discuss trading with the right mindset, the advantages of commodities investment, and advanced lessons in forex trading are just some of the great reading that you can find from the HYCM Knowledge Bank.
Deposits are also accepted in KWD, SAR and AED and will be converted to USD for trading. The MetaTrader5 has kept most of the features and functionalities of its predecessor, and also allows trading in exchange-traded stocks, which is considered one of its main advantages over the MT4. Besides, both oth MT4 and MT5 allow trading signals, but HYCM has partnered with Pro Daily which brings investors cutting-edge signals trading service. In fact, the spreads offered by HYCM are quite competitive.
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