HYCM
This broker does not accept traders from United States.
HYCM is an online broker with authorization from four international bodies including the FCA and CySEC. The broker offers short-term CFD trading on forex, shares, commodities, indices, ETFs and Bitcoin, and supports the MT4 and MT5 platforms, as well as Trading Central analysis.
| Min. Deposit | $20 |
| Min. Trade | 0.01 Lots |
| Regulated By | FCA, DFSA, CIMA, CySEC |
| Mobile Apps | iOS & Android |
| Currencies | USD, EUR, GBP, RUB, AED |
CFD
HYCM traders can access CFDs on a range of stocks, indices, commodities and ETFs with floating spreads and maximum leverage varying by instrument. Clients also have a choice between two industry-leading platforms.
| FTSE Spread | 1.5 |
| GBPUSD Spread | 0.1 |
| Oil Spread | 2.0 |
| Stocks Spread | 2.2% |
Forex
HYCM offers 40+ forex pairs, with most available to trade on either the MT4 or MT5 platform. The maximum leverage on offer is 1:30 in accordance with regulations, and tight spreads start from 0.2 on the Raw account and from 1.2 on the commission-free Classic account.
| GBPUSD Spread | 0.4 |
| EURGBP Spread | 0.4 |
| EURUSD Spread | 0.1 |
| Assets | 40+ |
Cryptos
HYCM only offers trading opportunities on Bitcoin, which is traded via CFD in a pair with USD. Whilst exposure to the largest crypto by market cap is good, access to other digital currencies would bring the broker in line with competitors.
| Coins | BTC |
| Spread | Variable |