About the Classic account of Commodities, Energies, Forex, Indices, Precious Metals, Stocks/Shares (MetaTrader 4, MetaTrader 5/MM) offered by HYCM.
Type and Conditions
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General Trading Conditions
By opening an Classic account with HYCM, you can trade Commodities, Energies, Forex, Indices, Precious Metals, Stocks/Shares through MetaTrader 4, MetaTrader 5 trading platform.
Mainly HYCM Classic account offers 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, EUR, GBP, RUB, USD.
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%.
HYCM allows Scalping, Hedging, News Time Trading trading and does not allow EAs (Expert Adviser, Automated Trading) trading in a platform of Classic account.
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