Are forex demo trading accounts on the HYCM platform rigged?

Asked 3 years ago

How do you know if they're using live markets or rigging the investment/trading to make you look good and rope you in? TIA

Demo account Accuracy of demo accounts Henyep capital markets (hycm)

Andrew Moran

Sunday, July 11, 2021

The forex demo accounts on HYCM replicate what is happening in the market, allowing you to employ various strategies without skin in the game.
You can compare the results on the platform to what occurred in the broader financial arena. Or, you can open another demo account elsewhere to determine if the reliability of HYCM.
Plus, Henyep Capital Markets is regulated in two tier-1 jurisdictions and two tier-2 jurisdictions, making it a safe and secure brokerage company.
Suffice it to say, when you do not have money in your account, you do not need to worry about rigged platforms. If it concerns you, just be a bit more conservative and cautious.