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HYCM Account Types

HYCM_Account Types

 

HYCM provides 3 different live trading accounts, Fixed, Classic, and Raw. The minimum deposit required to open an HYCM Account is $100 USD.

 

🔎 HYCM Account🥇 Fixed🥈 Classic🥉 Raw
💰 Min. Deposit$100 USD$100 USD📌 $200 USD
💵 Deposit FeeNoneNoneNone
💳 Withdrawal FeeNoneNoneNone
📍 EA availableNo✅ Yes✅ Yes
📉 Min. Trade Volume0.010.010.01
☪️ Islamic Option✅ Yes✅ Yes✅ Yes
📈 SpreadsFixedVariableRaw
📊 Spreads from1.5 Pips1.2 Pips0.1 Pips
💵 CommissionNoneNone+ $4 per round
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here

 

Overall Rating

4.5/5

Rated #36 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

69

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

HYCM Account Types – 10 Key Point Quick Overview

 

  1. ☑️ HYCM Overview
  2. ☑️ HYCM Safety and Security
  3. ☑️ HYCM Account Types
  4. ☑️ How to open an HYCM Account – Step by Step Guide
  5. ☑️ HYCM Islamic Account
  6. ☑️ HYCM Demo Account
  7. HYCM Customer Reviews
  8. HYCM Pros and Cons
  9. Conclusion
  10. Frequently Asked Questions

 

 

HYCM Top Bar

 

HYCM Overview

 

HYCM is a trustworthy and reliable service provider that offers fast execution, tight spreads, and a choice of account types for every type of trader.

 

🔎 Broker🥇 HYCM
💰 Min. Deposit$100 USD
⛔ Inactivity Fee✅ Yes
✒️ RegulationFCA
©️ Copy Trading ☑️ Yes
🆓 Demo Account✅ Yes
☪️ Islamic Account☑️ Yes
🎉 Sign Up BonusNo
🔁 Spreads From0.1 Pips
🚀 Open an Account👉 Click Here

 

HYCM Overview

 

HYCM Safety and Security

 

HYCM is regulated by three of the world’s leading financial jurisdictions, the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Cayman Islands Monetary Authority.  Furthermore, Client funds are kept in segregated accounts and are further protected by the Financial Services Compensation Scheme (FSCS) and the Investors Compensation Fund (ICF) respectively.

 

HYCM Safety 1 HYCM Safety 2

 

HYCM Account Types

 

HYCM provides 3 different live trading accounts, Fixed, Classic, and Raw. The minimum deposit required to open an HYCM Account is $100 USD.

 

🔎 HYCM Account🥇 Fixed🥈 Classic🥉 Raw
💰 Min. Deposit$100 USD$100 USD📌 $200 USD
💵 Deposit FeeNoneNoneNone
💳 Withdrawal FeeNoneNoneNone
📍 EA availableNo✅ Yes✅ Yes
📉 Min. Trade Volume0.010.010.01
☪️ Islamic Option✅ Yes✅ Yes✅ Yes
📈 SpreadsFixedVariableRaw
📊 Spreads from1.5 Pips1.2 Pips0.1 Pips
💵 CommissionNoneNone+ $4 per round
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here

 

HYCM Minimum Deposit

 

How to open an HYCM Account – Step by Step Guide

 

1.  Step 1:  Start the HYCM Account Registration

In order to start the Account Registration, applicants can simply click on any of the Red “Open an Account” buttons located throughout the HYCM webpage.

 

HYCM Account 1

 

2.  Step 2:  Complete the HYCM Account Registration

In order to complete the Account Registration, the applicant will be required to complete a simple online registration process.

 

HYCM Account 2

 

HYCM Islamic Account

 

HYCM offers Islamic swap-free trading on 3 trading account levels, Fixed Islamic, Classic Islamic, and Raw Islamic.  HYCM offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

 

🔎 HYCM Account🥇 Fixed🥈 Classic🥉 Raw
💰 Min. Deposit$100 USD$100 USD📌 $200 USD
💵 Deposit FeeNoneNoneNone
💳 Withdrawal FeeNoneNoneNone
📍 EA availableNo✅ Yes✅ Yes
📉 Min. Trade Volume0.010.010.01
☪️ Islamic Option✅ Yes✅ Yes✅ Yes
📈 SpreadsFixedVariableRaw
📊 Spreads from1.5 Pips1.2 Pips0.1 Pips
💵 CommissionNoneNone+ $4 per round
🚀 Open an Account👉 Click Here
👉 Click Here
👉 Click Here

 

HYCM Islamic Account

 

HYCM Demo Account

 

HYCM does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The HYCM demo account is non-expiry.

 

🔎 Broker🥇 HYCM
🆓 Demo Account✅ Yes
4️⃣ Trading PlatformMT4
💸 Virtual Funds$50'000 USD
⏰ ActiveUnlimited
🚀 Open an Account👉 Click Here

 

HYCM Demo Account

 

HYCM Customer Reviews

 

Great Broker Choice!

I’m very confident trading with HYCM and have been signed up for more than four months. Highly Recommend. – Jeff

 

TrustPilot 5 Star

Excellent Support

HYCM offer excellent support, especially to beginner traders. – June

 

TrustPilot 4 Star

 

Well-Regulated

Regulations play a major role when I choose a broker and HYCM is at the top of the list. Excellent. – Rupert

 

TrustPilot 3 Star

 

HYCM Pros and Cons

 

✅ Pros❎ Cons
Low forex FeesOnly forex and CFD products
Low CFD FeesNo proprietary platforms
User-Friendly RegistrationInactivity Fee

 

 

Overall Rating

4.5/5

Rated #36 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

69

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Conclusion

 

Overall, HYCM provides 3 different live trading accounts, Fixed, Classic, and Raw. Islamic account options and a risk-free demo account are also made available.

 

 

You might also like: HYCM Review

You might also like: HYCM Sign Up Bonus

You might also like: HYCM Minimum Deposit

You might also like: HYCM Account Types

You might also like: HYCM Islamic Account

You might also like: HYCM Demo Account

You might also like: HYCM Fees, Spreads, and Commission

 

 

Frequently Asked Questions

 

How many live account options does HYCM make available?

HYCM provides 3 different live trading accounts, Fixed, Classic, and Raw.

 

How do I open an HYCM account?

In order to open a live account simply follow the 3 basic steps as per our account opening procedure.

 

Does HYCM accept clients from all nationalities?

No, restrictions are placed on clients from the USA, Hong Kong, North Korea, and Sudan.

 

Is a Joint HYCM account option made available?

Yes, it is permitted to open an HYCM joint account that is owned by two account holders.

 

Aside from the three live account options, are any other HYCM Account types made available?

Yes, HYCM Islamic account options and a risk-free demo account are also made available.

 

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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