Forex

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HYCM adds Bitcoin to tradable portfolio

 HYCM, a major forex and CFD broker regulated by UK's Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) has added the popular cryptocurrency Bitcoin to its tradable instruments list. 

 
Now clients of HYCM can trade in the USD/BTC forex pair. The move was prompted by the great interest in Bitcoin in the recent months. 
 
Indeed, in the past weeks the Bitcoin has posted several historical highs, reaching the price of $3000 earlier in June. At the time of writing this article, the Bitcoin trades for $2480. 
 
HYCM is one of the many forex brokers who have added Bitcoin and/or other major digital currencies to their portfolio in the past few months. Others are eToro and AvaTrade. 
 
HYCM offers trading more than 100 financial instruments: wide range of currency pairs, various CFDs on indices, commodities, stocks and precious metals, available on two trading platforms. Clients are able to open an account with just $100, use leverage up to 1:500, and choose from three account types – Micro, Standard and VIP. What is more, the company also offers binaries trading service through its HY Options brand.
 
 
HYCM, formerly known as HY Markets, is  part of the Henyep Group. Set up 35 years ago, the Henyep Group is a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide. It operates out of its offices in London, Dubai, Hong Kong, Kuwait and Cyprus and is regulated by the relevant authorities in those countries.
 
 
TAGS: HYCM  bitcoin 

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