Forex trading » HYCM New Zealand
Pros
  • Best Trading Platforms
  • Trade Forex, CFD, ETF,Stocks, Options, Bonds and more
  • Low Spreads and No Commission
  • Member of IIROC & the CIPF
Cons
  • High Leverage Only Available for Profesionals
  • No negative balance protection

HYCM New Zealand is regulated by various regulatory bodies like the FCA from the united kingdom , CySEC from Cyprus, CIMA from the Cayman Islands , and DSFA from Dubai. HYCM also operates in direct compliance with MiFID . quite 40 years of experience in business also as various well-known awards of the corporate voice HYCM reputation. With branch offices in 5 of the world’s leading financial centers, HYCM has provided services to clients from over 140 countries, offering a good range of services in Forex , stocks , indices , commodities and cryptocurrencies .

HYCM New Zealand

HYCM New Zealand offers an easy Forex account type that permits all trading strategies with negative balance protection. Spreads at HYCM are fixed and float without commission, ranging from 0.2 pips with a minimum deposit of 100 USD and a leverage as high as 1: 500 , and accessible through the MetaTrader 4 and MetaTrader 5 trading platforms .

Traders

HYCM traders can enjoy existing customer service for twenty-four hours and 5 hours days for his or her trading needs, and may find answers to their questions via commonly asked Questions, live chat websites, also as social chat platforms like Viber, Skype, WhatsApp, Telegram and Facebook Messenger. additionally , free learning materials within the sort of educational articles and various educational tools like video courses also as teaching sessions on various topics, online seminars, online classes, seminars, and other live events are available at HYCM New Zealand for beginners merchandise.

HYCM New Zealand Account Type

New Zealand offers an easy trading account type which will suit all beginner trading styles also as professional traders. All trading activities are executed immediately as fast as 12 milliseconds on the average and are available in five base currencies, namely EUR, USD, GBP, RUB and AED .

Traders preferring safer trading with fixed spreads could also be curious about opening a HYCM Fixed account . Only by making a minimum deposit of 100 USD, traders are going to be ready to trade a hard and fast spread of 1.8 pips, leverage as high as 1: 500 and a minimum trading volume of 0.01 lots. additionally , no commission is charged for such accounts.

HYCM Accounts

Experienced traders can open a  Classic account by making a minimum deposit of 100 USD. they will trade with floating spreads as low as 1.2 pips , leverage as high as 1: 500 and a minimum trading volume of 0.01 lots with negative balance protection.

The last account is that the HYCM Raw account which offers raw spreads as low as 0.2 pips which is straightforward to open by making a minimum deposit of 200 USD. For this sort of account, traders are charged a commission of $ 4 for every round of trading with a leverage as high as 1: 500 and guaranteed by negative balance protection.

5.0 rating
Forex trading New Zealand
High Risk Warning: Forex and Contracts for Difference (CFD) are complex financial instruments that are traded on margin. It is possible to lose all your capital. These financial products may not be suitable for everyone and you should ensure that you understand the risks involved. Speculate only with funds that you can afford to lose and seek independent expert advice if necessary. © Copyright 2021