HYCM
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Popularity |
2/5 |
|---|---|
| Minimum Deposit | $20 /€ |
| MT4 | ✔ |
| MT5 | ✔ |
| Payment methods | Bank Wire · Credit Card · Neteller · Skrill · WebMoney |
| Account currencies | EUR · USD |
| Languages | English · Arabic · Czech · German · Spanish · Farsi · Italian · Polish · Swedish · Chinese |
| Countries | ✖ Cyprus · UK · Ireland · New Zealand · United States… UAE · Bangladesh · Egypt · Indonesia · India · Kenya · Sri Lanka · Malaysia · Nigeria · Philippines · Pakistan · Saudi Arabia · Singapore · Thailand · Vietnam · South Africa… |
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| Rating | ★★★★☆ |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Video
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
✚ Review
Hycm, formerly known as HY Markets, is a global forex and CFD broker that has been operating since 1977.
One of the standout features of Hycm is its commitment to customer service, with a 24/5 support team available to assist traders with any questions or issues they may have. The broker also offers a range of educational materials and resources, including market analysis, webinars, and eBooks, to help traders improve their knowledge and skills.
Hycm offers a range of trading instruments, including forex, commodities, indices, and stocks. It also offers three different account types to suit different trading styles and needs, including a VIP account for high-volume traders. The broker's trading platform is user-friendly and easy to navigate, with a range of tools and features to help traders make informed decisions.
One potential downside of Hycm is its relatively high minimum deposit requirement for the standard account. However, the broker does offer a demo account for traders to practice and test out strategies without risking any real money.
Overall, HYCM is a reliable and trustworthy broker that offers a range of trading instruments and educational resources to help traders succeed. Its commitment to customer service and security make it a good choice for traders looking for a reputable broker.
Forum, user reviews and feedbacks
Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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