Which account types does Henyep Capital Markets (HYCM) offer?

Asked 4 years ago

Hey people, I'm considering using it for forex trading, but I'm not sure if HCYM actually supports CFD/Currency trades? Also, just out of interest sake, do they offer any demo accounts?

Henyep capital markets (hycm)Accounts Forex

Osasere Okunloye

Monday, June 28, 2021

They offer Fixed, Classic and Raw accounts. You can trade on Fixed and Classic account with no commission and an initial deposit of $100, while Raw account trade +4% per round, with an initial deposit of $200. Fixed, Classic and Raw accounts spread from 1.8 pips, 1.2 pips and 0.2 pips respectively. All three accounts accept a minimum trade volume of 0.01.

Andia Rispah Igobwa

Friday, July 30, 2021

Yes. The HF Markets & Finance UK Limited (HCYM), operating on the City Index trading platform, offers CFDs, foreign exchange (FX), commodities, and contracts for difference. 
While they do not provide online demo accounts, they provide training and educational materials for new traders to learn more about trading in general or in their various markets. 
HCX Training Centre provides these materials as a part of the package that all traders receive when registering an account with HCM.