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In this video we are going to review the three account types you can open with HYCM. Let's look at the three different account types that HYCM offers. The idea of offering different accounts is for people to pick the right account for them depending on how frequently they trade, the markets and sizes you trade and when you trade.
Fixed
1.8 pips
$100 minimum deposit
Minimum trade 0.01 lots
Spreads are fixed so when the market is moving actively the spreads are static.
EA, no
Classic
Minimum trade 0.01 lots
Lower spread but is variable starting from 1.2 pips
EA, yes
Raw
Minimum trade 0.01 lots
Much lower spreads starting from 0.2 pips + $4 per round turn.
EA, yes
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