Open HYCM Account. Table of Contents

What is HYCM?

HYCM stands as a prominent figure in the financial trading industry, part of a reputable and long-established group.

Over its storied history, HYCM has achieved numerous milestones and is celebrated for delivering a superior trading experience.

With operations spanning across 140 countries and backed by over 25 prestigious awards, HYCM has built an unassailable reputation as a trusted and reliable trading service provider.

Go to HYCM Official Website

Regulatory Assurance and Global Presence

HYCM is a beacon of security in the financial trading world, operating under the strict supervision of some of the world’s most respected regulatory bodies.

These include the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Dubai Financial Services Authority (DFSA), and the Cayman Islands Monetary Authority (CIMA).

This multi-regulated framework ensures that HYCM adheres to the highest standards of financial integrity and transparency.

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Trading with HYCM: Cryptocurrency

HYCM offers a diverse range of trading instruments across various asset classes, but it shines particularly in cryptocurrency trading.

Traders can enjoy competitive spreads starting from as little as 0.1 pips, ensuring cost-effective trading sessions.

Additionally, HYCM boasts rapid execution times (average under 12ms), essential for the fast-paced crypto markets.

Key Features Include:

Wide Selection of Assets:
Trade popular cryptocurrencies in addition to forex, indices, stocks, and commodities.
Account Diversity:
Various account types cater to different trading styles, from beginners to seasoned professionals.
Security and Transparency:
Client funds are kept in segregated accounts with top-tier banks, ensuring maximum safety and transparency.

Invest in Cryptocurrencies with HYCM

Advanced Trading Platforms and Tools

HYCM offers state-of-the-art trading platforms and tools designed to enhance the trading experience:

MetaTrader 4 and MetaTrader 5:
These platforms provide advanced technical and fundamental analysis tools, flexible trading systems, and are the first choice for many traders worldwide.
HYCM Trader App:
Available for both Android and iOS, this mobile app allows traders to manage their accounts on the go, access markets, and receive personalized price alerts.
Web Terminal:
Offers the convenience of trading directly from your browser, ideal for those who prefer not to download software.

See Platform Options

Educational Resources and Analytical Support

HYCM is committed to supporting its clients’ trading journeys by providing comprehensive educational resources and analytical tools:

Economic Calendar:
Tracks crucial market-moving events, helping traders plan their strategies around significant economic releases.
Trading Central:
Provides access to forex trading signals, indicators, and sophisticated risk management tools.
Financial Source:
Keeps traders connected with real-time market-moving events and offers insights into why markets are moving.
Seasonax:
An innovative tool that identifies seasonal investment opportunities across a broad range of assets.

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Getting Started with HYCM

HYCM simplifies the process of entering the trading world:

  1. Registration: Create a profile in less than two minutes.
  2. Deposit Funds: A variety of secure and convenient payment methods are available.
  3. Start Trading: Engage with the markets using a reliable and respected broker.

HYCM is not just a platform for trading but a comprehensive ecosystem designed for success in the financial markets, especially in cryptocurrencies.

With robust regulatory oversight, cutting-edge technology, and a focus on client security and satisfaction, HYCM stands as a leading choice for traders aiming for excellence in their trading endeavors.

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HYCM: Account and Instrument Details

HYCM offers a structured approach to cryptocurrency trading, providing an extensive array of crypto pairs along with tailored account types to suit various trading styles and levels of experience.

Here is a detailed exploration of what traders can expect when engaging with HYCM’s cryptocurrency trading services.

Invest in Cryptocurrencies with HYCM

Cryptocurrency Instruments and Trading Conditions

HYCM allows traders to capitalize on the fluctuations of major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin without the need to own the actual digital assets.

This approach offers the advantage of trading on the price movements alone, which can be less cumbersome than dealing with the physical tokens.

HYCM supports a wide range of cryptocurrencies, providing competitive conditions across different account types.

Key Cryptocurrencies and Their Conditions:

  • Bitcoin (BTCUSD): Traded across all account types with minimum spreads starting from 100 pips. The smallest trade size is 0.01 BTC, reflecting a significant entry level that allows traders to participate without requiring large amounts of capital upfront.
  • Ethereum (ETHUSD) and Litecoin (LTCUSD): Both of these popular cryptocurrencies are available with spreads from 10 pips for Ethereum and as low as 0.35 pips for Litecoin, depending on the account type.
  • Ripple (XRPUSD): Offers very low entry barriers with spreads from just 0.005 pips and the possibility to trade up to 1000 XRP per minimum trade size, making it accessible for those looking to trade smaller amounts.
  • Other Altcoins: Includes a variety of other altcoins such as Solana (SOLUSD), Cardano (ADAUSD), and Dogecoin (DOGEUSDT), with various spread and minimum trade size configurations to cater to diverse trading preferences.

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Account Types Tailored for Crypto Trading

HYCM provides three distinct account types, each designed to meet the needs of different trader profiles:

  1. Fixed Account: This account type offers fixed spreads, which can be advantageous for traders who prefer predictability in trading costs. It supports trading in 19 cryptocurrencies including Bitcoin and Ethereum.
  2. Classic Account: Features variable spreads, starting lower than those in the Fixed account, but does not support direct cryptocurrency trading. It is suitable for traders focusing on other asset classes but who still benefit from HYCM’s trading environment.
  3. Raw Account: Offers the tightest spreads starting from as low as 0.1 pips for major forex pairs and a specific commission structure. Like the Classic account, it does not directly support cryptocurrency trades but is ideal for high-volume traders who prefer raw spread environments.

See more details of account types

Trading Platforms

All cryptocurrency trading at HYCM is facilitated via the MetaTrader 4 and MetaTrader 5 platforms, renowned for their robustness and comprehensive features.

These platforms provide traders with advanced technical analysis tools, automated trading capabilities through Expert Advisors (EAs), and the flexibility to trade from desktop or mobile devices.

See Platform Options

Leveraging Your Trades

HYCM offers a maximum leverage of 1:20 for cryptocurrency trading, allowing traders to amplify their trading capacity while managing risk.

This level of leverage is designed to balance the opportunity for enhanced returns with the volatility typically associated with the crypto markets.

Trade with a high leverage

HYCM’s cryptocurrency trading services are crafted to provide both novice and experienced traders with a robust platform for accessing the digital currency markets.

With competitive spreads, a variety of account types, and the backing of powerful trading platforms, HYCM stands out as a comprehensive provider for those looking to engage in cryptocurrency trading effectively.

Go to HYCM Official Website

How to Start Trading Cryptocurrencies with HYCM?

HYCM is a leader in financial trading, particularly known for its robust cryptocurrency trading platform.

If you’re looking to dive into the world of cryptocurrency trading with HYCM, follow these five straightforward steps to get started:

Step 1: Register Your Account

The first step in beginning your trading journey with HYCM is to create a trading account.

Visit HYCM’s website, find the registration page, and complete the sign-up process.

This involves providing some basic information and setting up your login credentials.

Registration is designed to be quick and can be completed in under two minutes.

Go to the Account Opening Page

Step 2: Select Your Account Type

HYCM offers different types of accounts to suit various trading strategies and levels of experience.

Choose from three main account types:

  • Fixed Account: Ideal for beginners due to its predictable spread environment. It offers trading in 19 cryptocurrencies including Bitcoin and Ethereum, with spreads starting from 1.5 pips.
  • Classic Account: This account offers variable spreads starting from 1.2 pips and is suited for traders who prefer trading forex and metals alongside other asset classes. It supports the use of Expert Advisors.
  • Raw Account: Best for experienced traders who prefer tight spreads and are comfortable paying a commission. This account provides spreads from as low as 0.1 pips.

Go to HYCM Official Website

Step 3: Fund Your Accoun

Once your account is set up, the next step is to deposit funds.

HYCM provides a variety of secure and convenient payment methods.

You can choose the most suitable option from their range, including bank transfers, credit cards, and e-wallets.

Ensure your funds are deposited into the correct account type you intend to use for trading.

See Available Funding Options

Step 4: Access the Trading Platform

HYCM offers several trading platforms, including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as the HYCM Trader app for mobile trading.

Each platform is equipped with advanced tools for technical and fundamental analysis, automated trading capabilities, and customizable features to enhance your trading experience.

Download your preferred platform or access it directly from your web browser through the Web Terminal.

Download a Platform

Step 5: Start Trading

Now that you have your account set up and funded, and you’ve familiarized yourself with the trading platform, you’re ready to start trading cryptocurrencies.

HYCM supports a wide range of cryptocurrencies, such as Bitcoin, Ethereum, Ripple, and other altcoins.

Monitor the markets using the analytical tools available on your platform, and start executing trades based on your analysis and trading strategy.

Trading cryptocurrencies with HYCM is straightforward, thanks to its user-friendly platforms and a variety of account types tailored to different trading needs.

Whether you are new to the markets or an experienced trader, HYCM provides the necessary tools, resources, and support to help you succeed in the dynamic and exciting field of cryptocurrency trading.

With HYCM, you can navigate the crypto markets effectively and take advantage of the opportunities that this rapidly evolving space offers.

Open an account with HYCM

HYCM’s Trading Platforms for Cryptocurrency Trading

HYCM offers an advanced suite of trading platforms that cater to the needs of cryptocurrency traders.

With options including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the innovative HYCM Trader mobile app, the company provides tools that are suitable for traders of all experience levels, from beginners to advanced professionals.

MetaTrader 4: A Staple for Traders

MetaTrader 4, commonly known as MT4, is widely recognized as a leading trading platform in the financial markets due to its robust technology and comprehensive features.

It supports trading across five asset classes: currencies, stocks, indices, cryptocurrencies, and commodities, making it a versatile tool for managing a diverse trading portfolio.

Key Features of MT4:

  • Expert Advisors (EAs): Allows for full automation of trading strategies, removing the need for manual intervention and making it ideal for algorithmic traders.
  • User-Friendly Installation: The platform is easy to set up with no need for third-party bridges and offers trading capabilities 24 hours a day, five days a week.
  • Mobile Trading: MT4 is fully functional on Android and iOS devices, enabling traders to manage their accounts and trade from anywhere at any time.

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MetaTrader 5: Advanced and Versatile

MetaTrader 5 builds upon the strengths of MT4, offering more advanced features and enhanced flexibility for traders.

MT5 caters to a broad range of trading activities including technical and fundamental analysis, employing a multi-functional, multi-asset platform setup.

Enhancements in MT5 Include:

  • Additional Timeframes and Orders: Offers 21 timeframes and six types of pending orders, enhancing precision in trading strategies.
  • Integrated Economic Calendar: Keeps traders informed of important financial events directly on the platform, facilitating better strategic planning.
  • Support for EAs: Like MT4, MT5 supports automated trading with Expert Advisors, suitable for those who prefer hands-off trading strategies.

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HYCM Trader: Mobile Trading Revolutionized

The HYCM Trader app is designed for traders who demand flexibility and functionality on the move.

It extends the capabilities of desktop trading platforms into a convenient mobile format, allowing users to engage with the markets directly from their smartphones.

Mobile App Features:

  • Comprehensive Asset Trading: Trade over 300+ assets including forex, CFDs on stocks, indices, commodities, and cryptocurrencies.
  • Enhanced User Experience: Features a clean and modern interface, providing a user-friendly and intuitive trading experience.
  • Real-Time Market Analysis and News: Stay updated with market movements and analysis directly through the app.
  • In-App Management: Offers capabilities for account opening, funding, withdrawals, and internal transfers, all from within the app.

HYCM’s range of trading platforms offers powerful tools for cryptocurrency traders.

Whether through the well-established MT4 and MT5 platforms or the versatile HYCM Trader mobile app, HYCM provides solutions that meet the diverse needs of today’s traders.

With these platforms, HYCM continues to be at the forefront of trading technology, offering efficiency and accessibility to traders globally.

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HYCM’s Account Types for Cryptocurrency Trading

HYCM offers a diverse range of trading accounts, each tailored to different trading styles and experience levels.

For traders interested in cryptocurrency, selecting the right account type can significantly impact trading success and experience.

Here’s a comprehensive overview of the account options available at HYCM, focusing on their features and suitability for various trading strategies.

Fixed Account

The Fixed Account is ideal for traders who prefer a stable spread environment.

This account type offers spreads starting from 1.5 pips and does not charge any commissions.

It is particularly suited for beginners and those who use trading strategies not reliant on tight spreads.

Key Features:

  • Minimum Deposit: $20, making it accessible for traders with smaller budgets.
  • Leverage: Up to 1:1000, offering significant trading flexibility.
  • Availability: This account is compatible with HYCM Trader, MT4, and MT5 platforms.
  • Assets: Traders can access a variety of markets including 67 FX pairs, 8 metals, 3 energy sources, 4 commodities, 28 indices, 212 stocks, and 19 cryptocurrencies.
  • Expert Advisors: Not available, making it less suitable for those who rely on automated trading systems.

Open HYCM Fixed Account

Classic Account

The Classic Account features variable spreads starting from 1.2 pips.

It allows the use of Expert Advisors, making it a good option for more experienced traders who utilize automated trading tools and can benefit from slightly tighter spreads without commission charges.

Key Features:

  • Minimum Deposit: Remains low at $20, which is consistent across all account types.
  • Leverage: Also up to 1:1000.
  • Currency Options: More diverse than the Fixed Account, with base currencies including EUR, USD, GBP, AED, and JPY.
  • Assets: This account focuses exclusively on 42 FX pairs and 4 metals, with no access to other markets, making it less versatile for those looking to trade a broader array of instruments.

Open HYCM Classic Account

Raw Account

For traders seeking the lowest possible spreads and who do not mind paying commissions, the Raw Account offers spreads from as low as 0.1 pips with a commission cost of $4 per round on FX trades.

This account is best suited for high-volume traders and those who utilize scalping strategies.

Key Features:

  • Spreads: Starting at 0.1 pips on major currency pairs.
  • Commissions: Variable, with $4 on FX and $5 on metals; other instruments carry no commission.
  • Expert Advisors: Allowed, providing flexibility for using automated trading strategies.
  • Assets: Similar to the Classic Account, focusing on 42 FX pairs and 4 metals.

Open HYCM Raw Account

HYCM’s varied account offerings cater to a broad spectrum of traders, from those just starting out to seasoned veterans.

For cryptocurrency traders, the Fixed Account provides a stable trading environment with a wide range of crypto assets.

Those looking for lower spreads with some cost flexibility might find the Classic or Raw accounts more appealing.

Each account type has been designed with specific trader needs in mind, ensuring that you can find one that fits your trading style and requirements perfectly.

Invest in Cryptocurrencies with HYCM