www. h y c m. com step-by-step account sign-up guide
What is www h y c m com in United States of America, United Kingdom, Australia, and Canada?
It has provided trading services and variety of instrument to trade forex.
Their headquarters is situated in Hong-Kong.
It was founded in 1977.
P S - you can create a demo account with access to $50,000 in virtual money
Forex Pairs quite 60 currency pairs are available to trade.
They are available to trade in some countries.
It introduced Exchange Traded Funds CFDs as a trading product in 2020.
P S - It's minimum deposit to start out trading is $100.
The minimum withdrawal is $20
The minimum withdrawal is $20
1% fee on withdrawals over $5,000
1% fee on withdrawals over $5,000
The minimum withdrawal is $30 on amounts under $300
P S - A Trade on-the-go using mobile application is available on both platforms.
Log into Meta trader 4 (MT4) platform for the primary time is straightforward and easy.
Their clients have complete control over their trading accounts from their smart phones through the Meta Trader 4 and Meta Trader 5 mobile applications.
This trading app allows traders to watch their account status, execute trade transactions, and track trade history.
Meta Trader 5 was improved to support both netting and hedging over Meta Trader 4.
How to sign-up www h y c m com account in United States of America, United Kingdom, Australia, and Canada?
Home-page with the 'Open live account' tab
- Log into their website at www h y c m com with a Phone or laptop browser.
- At the Centre of the page click 'Open Live Account' to create an account.
- Then, type email address and Select your country phone code Type your legal first and last name, your date of birth and your preferred password.
- Also, confirm your email address and your name is spelled the same as on your identity document like international passport, utility bill (not more than 3 months), driver's license or I D card.
P S - you can create a demo account with access to $50,000 in virtual money
It stay active for 14 days but clients can open as many demo accounts as they want over a vast period of time.
What is www h y c m com account type in United States of America, United Kingdom, Australia, and Canada?
There are three (3) types of account namely -
- Raw accounts
- Fixed accounts
- Classic accounts
- Raw accounts
It pay a commission of $4 per round
Expert Advisor is not available
Option of mobile trading is available
The minimum deposit is $200
The minimum trade volume is 0.01
- Fixed accounts
It is commission free
Expert Advisor is not available
Option of mobile trading is available
The minimum deposit is $100
The minimum trade volume is 0.01
- Classic accounts
It is commission-free
Expert Advisor is not available
Option of mobile trading is available
The minimum deposit is $100
The minimum trade volume is 0.01
P S - Islamic accounts is available on the three (3) accounts
Is www h y c m com safe in United States of America, United Kingdom, Australia, and Canada?
Is www h y c m com safe in United States of America, United Kingdom, Australia, and Canada?
It has a reputation as a well-liked online forex and contract for a difference (CFD) brokerage.
Apart from being regulated in multiple jurisdictions by financial conduct authority regulators, It has an operating history since 1977.
Who regulates www h y c m com in United States of America, United Kingdom, Australia, and Canada?
Yes! It's regulated by four (4) regulators namely -
- Cyprus Securities Exchange (C y Sec),
- Financial Conduct Authority (F C A),
- Cayman Islands Monetary Authority (C I M A),
- Dubai Financial Services Authority (D F S A).
Where Does www h y c m com Operate?
The forex and contract for a difference (CFD) trading services are available in more than 140 countries.
P S - It doesn't offer CFD trading to clients from United States of America, Hong Kong, North Korea and Sudan.
P S - It doesn't offer CFD trading to clients from United States of America, Hong Kong, North Korea and Sudan.
How is www h y c m com Trade in United States of America, United Kingdom, Australia, and Canada?
The six (6) products you can trade include the following -
- Forex
- Indices
- Commodities
- Stocks
- Cryptocurrencies
- Exchange traded funds (ETFs)
P S - With the exception of exchange, all products are structured as contract for a difference (CFDs)
Product availability depends on the country you are in or the kind of account you registered.
Trading in crypto-currency CFDs is only available for clients in Cayman Islands only.
- Forex
Spreads start at 0.2 pips
margins starts from 3.33%.
- Indices
CFDs on Indices allows clients to trade CFDs on 28 global indices.
- Commodities
It offers their clients a position on ten commodities’ prices without owning the physical asset.
U S Oil Brent Oil gas Gold Silver Copper Cocoa Coffee Sugar Cotton
- Stocks
Stock CFDs are available on the subsequent ten (10) popular shares to trade as follows -
Alibaba, Amazon, Apple, Facebook, Google, J d, Microsoft, Tesla Motors, Twitter, V I P shop Holdings.
- Crypto-currencies
They include the following -
- Bitcoin / USD
- Lite coin / USD
- Ethereum / USD
- Ripple / USD
- Bitcoin Cash / USD
- M o n e r o / NEO
- Dash / IOTA
- Q t u m / Z c a s h
- Exchange traded funds (ETFs)
What is www h y c m com deposit fee in United States of America, United Kingdom, Australia, and Canada?
It doesn't charge a deposit fee
What is www h y c m com withdrawal fee in United States of America, United Kingdom, Australia, and Canada?
Withdrawal fee is $30 for wire money transfers services under $300
1% fee for s krill and n e t e l l e r withdrawals over $5,000
P S - No fees for other payment methods.
Overnight Interest Applicable to rolling contracts.
Different fees and conditions may apply to Islamic accounts.
What is www h y c m com deposit method in United States of America, United Kingdom, Australia, and Canada?
What is www h y c m com deposit method in United States of America, United Kingdom, Australia, and Canada?
Their clients can make deposits through the following -
Visa or Master-Card Wire services
Money transfer through electronic wallets includes -
- Web Money
- N e t e l l e r
- China Union-Pay
- Skrill
- I n t e r a c
P S - It's minimum deposit to start out trading is $100.
The minimum amount required to make a deposit through visa or master prepaid cards or electronic wallets is $20.
These online payment methods are processed as fast together hour.
These online payment methods are processed as fast together hour.
Their minimum deposit by wire transfer is $250 and takes up to 7 working days to process.
What is www h y c m com withdrawal method in United States of America, United Kingdom, Australia, and Canada?
There are five (5) withdrawal methods namely: -
There are five (5) withdrawal methods namely: -
- Visa or Master prepaid Cards
- Electronic Wallets
- S krill
- n e t e l l e r
- Wire money Transfers services
- Visa or Master prepaid Cards
- Electronic Wallets
- Wire money transfers services
P S - It requires copies of your Master-Card before approving a withdrawal request.
Traders should consult the banking service section for more details.
While withdrawal requests are generally processed within one (1) business day, it can take between 3 - 7 days for the funds to point out in your account.
What is www h y c m com trading platform in United States of America, United Kingdom, Australia, and Canada?
There Trading Platform offers traders the choice to trade forex and CFDs with the industry-standard two (2) trading platforms namely -
- Meta Trader 4 (MT4)
- Meta Trader 5 (MT5)
P S - A Trade on-the-go using mobile application is available on both platforms.
It is often downloaded and installed directly from hycm.com
- Meta Trader 4 (MT4)
The overview page directs you to the download link and therefore the setup window.
After downloading and installation, traders comply with some standard disclosures and access the M T 4 icon on their desktop.
P S - M T 4 is perfectly adequate for trading CFDs and forex
Meta Trader 5 (M T 5) comes with advanced features and functions.
- Meta Trader 5 (M T 5)
M T 5 offers traders 21 timeframes and 6 sorts of pending orders.
Meta Trader 5 (M T 5) is an advanced technical analysis options include 38 technical indicators, 44 analytical objects, and unlimited charts.
- Mobile Application
P S - both trading platforms are available on iOS and android application.
No Windows app is out for now
- M T 4 Mobile Application
The trading app gives traders access to quote charts, trade orders, and top analytical tools.
Push notifications and therefore the possibility to talk with other traders are some more handy features of the M T 4 mobile trading app.
- M T 5 Mobile Application
It also features Market Depth and professional technical analysis through a variety of indicators and analytical objects.
How is www h y c m com customer supports in United States of America, United Kingdom, Australia, and Canada?
It offers customers dedicated 24 / 5 customer support through five (5) means namely -
- Phone
- Fax
- Live chat
- company's offices
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