HYCM Cryptocurrencies Broker is working out or London, UK, for people that have been trading for a while they know this brand as HYCM is one of the oldest, best known Forex brokers in the market. When they were founded 35 years+ ago they were called HY Markets
HYCM is regulated and licensed in the United Kingdom which insures that they are on the level.
- Regulated By FCA & Cysec
- Headquarters United Kingdom
- Foundation Year 1977
- Publicly Traded No
- Number Of Employees 200
- Tel:+44 – 208 – 816 – 7812
- https://www.hycm.com
- Email:info@hycm.com
- Min. Deposit $100
HYCM Cryptocurrencies Trading Conditions
| Name | Bitcoin Vs Us Dollar | Litecoin Vs US Dollar CFD | Ethereum Vs US Dollar CFD |
| Symbol | BTCUSD | LTCUSD | ETHUSD |
| Min. Spread | 20 | 70 | 450 |
| Lot Size | 10 Bitcoins | 100 Litecoins | 10 Ethreum |
| Min. Trade Size | 0.1 Bitcoins | 1 Litecoin | 0.1 Ethreum |
| Min. Fluctuation | 0.01 USD | 0.01 USD | 0.01 USD |
| Value Per Tick | 0.10 USD | 1 USD | 0.10 USD |
| Margin Req. | 10.00% | 10.00% | 20.00% |
| Margin Curr. | USD | USD | USD |
| Leverage | 1:10 | 1:10 | 1:05 |
ROLLOVER CHARGES
| PRODUCT NAME | BITCOIN VS US DOLLAR |
| SYMBOL | BTCUSD |
| LONG | -20.00% |
| SHORT | -20.00% |
HYCM Cryptocurrencies Broker General Features
With years of working under their belt HYCM has made the customer relations and understanding what their clients’ needs their second nature. They have a 24 hours a day during the work week (Monday – Friday). Available methods to reach them include email, live chat, and even a telephone line. There are different email addresses for different inquiries
The have a solid platform to trade from and offer an HYCM mobile app for most types of phones.
Their customer service and support is readily available around the clock if you need them (something you should never underestimate) and their support is available around the clock.
HYCM Cryptocurrencies Resources and Account Types
Depending on your trading wishes and requirements, HYCM Cryptocurrencies Broker offers three different types of account.
- Micro Account, which is best suited for new traders. The minimum required deposit is only $100. Leverages go up to 1:500 and the minimum fixed spread is 1.8.
- Standard Account is for more seasoned and experienced traders. With the minimum deposit of $1,000, leverages up to 1:300 and the spread of 1.5.
- VIP Account is for the professional traders. This account requires a deposit of $10,000 and has no limitations. As a VIP you are treated as a VIP meaning your wish is pretty much their command , within reason of course.
They offer full Islamic accounts (halal Trading) for all three levels for traders compliant with the Sharia law.
They have a full-service education center that takes you through the steps of trading if you so require.
HYCM Cryptocurrencies Broker is a good broker that has the best trading platforms for you to trade on and has the experience to make your trading experience a pleasant one , they understand the need of good service and have one of the best Mobile trading application in the market at the moment.
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