HYCM – Best Forex broker in Dubai with 35 years history
HYCM is one of the Best Forex Broker in Dubai , this leading broker some time ago known as HY Markets, HYCM is a forex trading broker that has their base in London, in the UK. HYCM are authorized and are managed by the FCA (the Financial Conduct Authority), the UK’s administrative body for monetary associations, so traders who pick this Forex Broker can rest guaranteed that they have chosen one which is dependable and respectable. HYCM is part of Henyep Group which handle an extensive variety of Capital Markets. Consequently, financial specialists are ensured to pick an expedite that has a solid family inside the business because of their 30 years of experience. HYCM is a market pioneer, giving access to an expansive range of exchanging markets including coinage, stocks and items, and because of their straightforward record opening procedure, instructive assets and exhaustive item offerings, they are a decent decision for speculators of various sorts, from the learner to the expert. On the off chance that you are searching for a representative to suit your requirements, this HYCM intermediary audit will give you the key data that you have to settle on a ultimate choice.
Forex Trading Platforms Offered by HYCM
Those who choose HYCM as their preferred Forex broker in Dubai, have a choice of different trading platforms to suit their requirements. One option is the popular and well known MetaTrader 4 platform which is exceptionally user friendly, with a clear and visually appealing interface. This leading Forex trading platform gives users a wealth of advantages including Expert Advisors for automated trades, advanced tools and charts for technical analysis, and live news from the financial markets to give up the minute information. There is also the PrimeTrader platform available for use, HYCM’s flagship platform, which offers multi-asset capabilities, pricing to suit individual requirements and advanced charting capabilities. Those who prefer to trade on the move will be delighted to discover that HYCM also have their own mobile trading platform, which is state of the art and can be accessed from both Android and Apple smartphones and tablets. It allows trading to take place at any time and in any place with full account access available on the go. HYCM offers a broad range of assets for trading including currency pairs and CFDs across numerous asset classes. This broker have more than 100 different assets to select from across the categories of oil, commodities, forex, metals, shares and indices. Leverages are offered on currency pairs from 50:1 up to 400:1 depending on the currencies selected. HYCM have a partnership with Pro Daily which brings investors cutting edge trading signals, and traders who choose to use the MetaTrader interface can add on a variety of trading signals free of charge.
HYCM Account Types and Customer Services
HYCM offer three different account types to suit the needs of various traders. Their Micro account I suited to the requirements of beginners and has a low initial deposit amount of just $100. With 50 tradable products and leverages of up to 1:500, this account type offers minimum fixed spreads of 1.8. For those who are looking for better spreads and other features such as trading signals, the Standard account, with its minimum deposit of $1000, spread of 1.5, leverages of up to 1:300 and the full 120 tradable assets may be a better choice. Professionals will prefer the VIP account, which requires an initial $10,000 deposit. All accounts offer the option of mobile trading and Islamic accounts are available across all three account types. HYCM take customer service very seriously and have a range of ways by which their support team can be contacted. The customer support team are available from 23:00 GMT on Sundays to 21:00 GMT on Fridays. As well as being able to be contacted in writing, there is a telephone helpline and the convenient live chart facility is also available 24 hours a day from Monday to Friday. Five different email addresses are provided on the website so that it is possible to easily contact the correct department in order to address issues or answer queries.