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HYCM broker Accounts

  

HYCM Account Types

  HYCM offers three main types of trading accounts to cater to different trading styles and experience levels: Fixed, Classic, and Raw accounts.

  

1. Fixed Account

  • Spreads: Fixed spreads starting from 1.5 pips.
  • Commission: None.
  • Minimum Deposit: $100.
  • Expert Advisors (EAs): Not available.
  • Minimum Trade Volume: 0.01 lots.
  • Base Currencies: USD only.
  • Max Leverage: Up to 1:1000.
  • Islamic Account Option: Yes.

  

2. Classic Account

  • Spreads: Variable spreads starting from 1.2 pips.
  • Commission: None.
  • Minimum Deposit: $100.
  • Expert Advisors (EAs): Available.
  • Minimum Trade Volume: 0.01 lots.
  • Base Currencies: EUR, USD, GBP, AED, JPY.
  • Max Leverage: Up to 1:1000.
  • Islamic Account Option: Yes.

  

3. Raw Account

  • Spreads: Raw spreads starting from 0.1 pips.
  • Commission: $4 per round turn.
  • Minimum Deposit: $200.
  • Expert Advisors (EAs): Available.
  • Minimum Trade Volume: 0.01 lots.
  • Base Currencies: EUR, USD, GBP, AED, JPY.
  • Max Leverage: Up to 1:1000.
  • Islamic Account Option: Yes.

  All accounts provide negative balance protection and professional customer support available 24/5.

  

HYCM Broker Account Opening Process

  Opening an account with HYCM is a straightforward process that can be completed online, typically within one business day. Heres how to get started:

  • Visit the HYCM Website: Click on the "Open Account" button.
  • Fill Out the Registration Form: Provide personal details such as name, email, phone number, date of birth, and address.
  • Choose Account Type and Base Currency: Select from Fixed, Classic, or Raw accounts and choose your preferred currency (USD, EUR, GBP, etc.).
  • Verify Your Identity: Upload a valid identification document (passport, national ID, or driver's license) and proof of residency (utility bill or bank statement).
  • Complete the Trading Experience Survey: This helps HYCM assess your trading knowledge.
  • Fund Your Account: The minimum deposit is $20 for Fixed and Classic accounts, and $200 for Raw accounts. Choose your preferred funding method.
  • Start Trading: Once your account is verified and funded, you can begin trading on the HYCM platform.
  •   For more details, visit the HYCM website: HYCM Account Types and HYCM Account Opening.

HYCM accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
HYCM Account