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HYCM Account Opening 2026: Types, Deposit & Verification
Complete guide to opening an account with HYCM. Minimum deposit: $100. Available account types, KYC requirements, and step-by-step instructions.
By Edith Balazs•Updated 2026-03-01•Fact-checked by Marcus Thompson
Minimum Deposit
$100
Max Leverage
1:30 (Retail) | 1:400 (Pro)
Platforms
MT4, MT5, HYCM App
Islamic Account
Yes
Demo Account
Yes
Copy Trading
No
HYCM Account Types
**Fixed** — Min. deposit: $100. Fixed Spreads (1.8). No Comm.
**Classic** — Min. deposit: $100. Variable (1.2). No Comm.
**Raw** — Min. deposit: $200. Raw (0.2). $8 Comm.
Verification & KYC Process
Three simple types: Fixed, Classic, Raw.
Available Trading Platforms
HYCM supports the following trading platforms: MT4, MT5, HYCM App. MetaTrader 4 (MT4) is available for those who prefer the industry-standard platform. MetaTrader 5 (MT5) is also supported with enhanced features.
Demo Account
HYCM offers a free demo account: Yes. A demo account allows you to practice trading with virtual money before committing real funds. This is especially valuable for beginners learning the platform.
Frequently Asked Questions
To open an account with HYCM, visit their website and click "Register" or "Open Account". You'll need to provide personal information, complete identity verification (KYC), and make a minimum deposit of $100.
The minimum deposit for HYCM is $100. Some premium account types may require higher deposits.
Yes, HYCM offers a demo account: Yes. This lets you practice with virtual funds before trading with real money.
You typically need: 1) A valid government-issued photo ID (passport, national ID, or driving license), and 2) Proof of address (utility bill, bank statement, or government-issued document dated within the last 3 months).
Yes, HYCM offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not charge or earn overnight interest.