Help Center

Back to HYCM.com

We are here to help

HYCM
Education
General trading questions

What is the support level?

The support level is the price level at which buying is expected to take place.

Was this article helpful?

0 out of 0 found this helpful

Facebook
Twitter
LinkedIn
Google+

High Risk Investment Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. For more information please refer to HYCM’s Risk Disclosure. Additionally, the content of this website is for information purposes only and it is not intended as a recommendation or advice. Any indication of past performance or simulated past performance included in advertisements published by HYCM is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at HYCM.

Legal Information: HYCM is the trading name of Henyep Capital Markets (UK) Limited, HYCM (Europe) Ltd and HYCM Limited. Henyep Capital Markets (UK) Limited authorised and regulated by the Financial Conduct Authority with reference number 186171. HYCM (Europe) Ltd is authorised and regulated under the Cyprus Securities and Exchange Commission under license number 259/14. HYCM Limited is authorized and regulated under the Cayman Islands Monetary Authority with reference number 1442313. The Henyep Capital Markets Group is holding company and its assets are a controlling equity interest in its subsidiaries, Henyep Capital Markets (UK) Limited, HYCM Europe Ltd and HYCM Limited. All references on this email to "HYCM" refer to all subsidiaries of the Henyep Capital Markets Group.