HYCM Review 2020 - Pros and Cons Uncovered [ Scam or legit ]

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HYCM Review 2020 - Pros and Cons Uncovered [ Scam or legit ]
HYCM is a leading provider of contracts for difference (CFDs) and forex trading services with an operational history of over 40 years. CFDs are derivative securities that allow customers to speculate on the price of an asset without actually holding the instruments in their accounts. HYCM offers trading in CFDs on forex, indices, commodities, stocks, and cryptocurrencies. In February 2020, the company expanded its CFD offering to include exchange-traded funds (ETFs). The companies in the HYCM Group are regulated in multiple jurisdictions. Traders seeking a stable and transparent broker that offers its clients access to over 200 forex and CFD instruments will find HYCM appealing. Registered clients have the added advantage of practicing trades and strategies in a demo account. This review of HYCM will cover all the important details about the broker and discuss major advantages and disadvantages.

What Can I Trade
Forex traders have adequate exposure with 69 currency pairs, enhanced through 64 cryptocurrency pairs, which include identical base crypto assets with different fiat quote currencies, and 17 commodities. Equity traders have access to just 61 blue-chip names, while 28 index CFDs and 20 ETFs complete the asset selection. Overall, it remains a rather thin choice, and likely an inadequate one for more advanced traders.

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Crypto Trading
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