Account type | Rating | Min. order (lots) | Min. deposit ($) | Spread type | Min. spread (pips) | Commission |
---|---|---|---|---|---|---|
RAW | 155 | 0.01 | 200 | Floating | 0.2 | 2 |
Fixed | 115 | 0.01 | 100 | Fixed | 1.8 | — |
Classic | 115 | 0.01 | 100 | Floating | 1.2 | — |
HYCM is a Henyep Capital Markets division that was established in 1977. The headquarters are situated in London, United Kingdom. The activities of Henyep Capital Markets are regulated by FCA, CySec, CIMA. The company offers to trade Forex, such instruments as metals, oil and gas, equities and indices.
The trading platform for broker is Meta Trader 5. The trading accounts are from $100 and have a leverage of 200:1 as well as tight spreads that are ranging from 0.5 to 2 pips. The spread can be variable and fixed. Traders can also use demo accounts that are free.
For the new traders the company offers the educations that are free and that consist of software tutorials, trading courses, books, learning videos etc. To perfect their skills professional traders can found a lot of useful materials.