HYCM offers cryptocurrency trading services for investors.
HYCM allows investors to trade a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.
The platform provides access to these cryptocurrencies through Contracts for Difference (CFDs), which allow investors to speculate on the price movements of cryptocurrencies without actually owning them.
What is HYCM?
HYCM is an online FX & CFD broker in UK, which offers Cryptocurrency ‘Margin Trading’ on MT4 trading platform.
The broker is regulated and licensed by UK FCA and CySEC.
Cryptocurrency pairs are available only on ‘Fixed Account’, but not on ‘Raw’ or ‘Classic’ account.
Please find the below table for the list of available Cryptocurrency pairs and trading conditions.
|Instruments||Account Types Min. Spread||Swap Long||Swap Short||Lot Size||Min. Trade Size||Value Per Tick|
|BTCUSD||70||-20.00 %||-20.00 %||10 Bitcoins||0.1 Bitcoins||0.10 USD|
|LTCUSD||1.5||-20.00 %||-20.00 %||100 Litecoin||1 Litecoin||1 USD|
|ETHUSD||7.0||-20.00 %||-20.00 %||10 Ethereum||0.1 Ethereum||0.10 USD|
|XRPUSD||10||-20.00 %||-20.00 %||1000 Ripple||10 Ripple||0.10 USD|
|BCHUSD||140||-20.00 %||-20.00 %||10 Bitcoin Cash||0.1 Bitcoin Cash||0.10 USD|
The maximum leverage is 1:10, HYCM supports NBP (Negative Balance Protection).
By signing up with HYCM, you can also invest in Forex, Stocks, Indices and Metals along with the above Cryptocurrency pairs.
Who choose HYCM to invest in Cryptocurrency market?
HYCM offers several advantages for investors looking to invest in cryptocurrencies.
The platform provides access to a diverse range of popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, which enables investors to spread their risks across multiple digital assets.
Trading on HYCM provides high liquidity, allowing investors to easily buy and sell cryptocurrencies with a large volume of coins available in the market.
The platform also provides various trading tools and features, such as charts, technical indicators, and risk management tools, which can help investors make informed trading decisions.
Security is a priority for HYCM, as they employ various measures to protect their users’ funds and personal information.
Moreover, HYCM allows investors to trade cryptocurrencies through Contracts for Difference (CFDs), which provides greater flexibility as investors can speculate on the price movements of cryptocurrencies without owning them.