HYCM - Classic Account
About the Classic Account of Energy, Stock Index (MetaTrader 4, MetaTrader 5/Market Maker (MM)) offered by HYCM.
Type and Conditions
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General Trading Conditions
By opening an Classic Account with HYCM, you can trade Energy, Stock Index through MetaTrader 4, MetaTrader 5 trading platform.
Mainly HYCM Classic account offers Market Maker (MM) execution model, the maximum leverage is 1:30, spread is Floating from 1.2 pips.
Available Base Currencies
The account bsse currency is only available in AED (United Arab Emirates dirham), RUB (Russian Ruble), USD (US Dollar).
Negative Balance Protection
HYCM adopts NBP(Negative Balance Protection), this means that you will not lose more than you deposit in your Forex & CFDs investment.
Margin call & Stop out
In the Classic Account, Margin call is 100% and Stop out is set to 30%, so all your positions will be automatically closed when the margin level reaches down to 30%.
Allow Trading Strategies
HYCM allows Scalping, Hedging, News Time Trading trading and does not allow EAs (Expert Adviser, Automated Trading) trading in a platform of Classic Account.
Before opening accounts with HYCM, find out more information and their promotions.
Click here to find out more company details.
HYCM Trading Accounts Comparison
Here are the details of all Forex trading accounts of HYCM.
| Types | Raw | Fixed | Classic |
|---|---|---|---|
| Rating | |||
| Platforms | |||
| Business Model (Execution) | |||
| Min Deposit | $200 | $100 | $100 |
| Max Leverage | 30:1 | 30:1 | 30:1 |
| Details/Link | Learn More | Learn More | Learn More |
