Getting started is an easy process which can be done in 6 simple steps:
Step 1: Complete your registration
Complete a 3-step registration. Here you will be able to fill in your personal data, choose an account type, set your password etc.
Step 2: Complete the Financial Profile
After completing your registration, you need to complete a Financial Profile. HYCM provides full financial transparency and needs to be sure that CFD trading is suitable for all our clients.
Step 3: Verify your Identity and Address
Upload the relevant documents to verify your identity and resident address. For more information on the documents needed for verification and the requirements for all uploaded files, please see the videos below.
Step 4: Fund your account
After setting up your trading account, you are free to start trading. If you are a novice trader, you can begin with the demo account, where you work in the same market conditions as with the live account, but with virtual funds instead of real. This is a great opportunity to create and test a trading strategy and prepare yourself to trade the real markets.
If you are experienced trader, you can deposit funds to your account and start trading. Deposits are commission-free. Choose the most convenient deposit method here and make your first trade on the live account today!
Step 5: Download the trading platform
HYCM offers trading on MetaTrader 4 the most stable and secure Forex trading platform in the world. Clients can download the desktop version, offering complete functionality, and MT4 mobile to trade on the go. The mobile platform has all required services to manage your trading positions and work with your account. All trading platforms are free.
Step 6: Login to MT4
Open the trading platform and click File -> Open to Trade Account.
If you want to open a demo account inside MT4, you can choose Open an account, choose Henyep-DemoEU server and click Next. You will be then provided with details of your demo account.
If you have the details of your live trading account click Login to Trade Account, set the Henyep-Live server and specify your trading account Login & Password.
You are now ready to start trading!