Are margin interest rates low at HYCM?

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Are margin rates low at HYCM?

Margin trading - borrowing money from your broker to buy more assets than you could otherwise afford - is popular, but it's not available at all brokers, and margin interest rates can vary widely.

Sadly, you can't trade real stocks or ETFs on margin at HYCM. If you insist on leverage, you can trade CFDs at HYCM, at low financing rates; or instead, just check the best margin trading platforms.

No margin trading for stocks at HYCM

Krisztián Gátonyi

Forex • Market Analysis • Stock Market

I've thoroughly tested HYCM's services to see whether margin trading is possible. Here's what you need to know:

At HYCM, you can trade stocks/ETFs with leverage in the form of CFDs only.
HYCM CFD fees are low, including low financing rates.
Margin trading involves borrowing money from your broker to increase your exposure.
Looking for real margin trading? Check our list of the best margin trading platforms.

Before we begin, let's see if HYCM is available in your country:

No, you can't open an account at HYCM if you live in the United States!

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73-76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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73-76% of retail CFD accounts lose money

HYCM

4.1/5

Minimum deposit

$20

FX fee

Low

Index CFD fee

Low

Withdrawal fee

Account opening

1 day

Visit HYCM

73-76% of retail CFD accounts lose money

Want to unlock your perfect broker match?

Leveraged trading available for CFDs only

At HYCM, you can't trade real stocks or ETFs on margin. Your only chance for leveraged trading at HYCM is to trade CFDs (contracts for difference).

Unlike in the case of regular stock trading, you don't actually hold any asset when trading CFDs; you merely bet on the price movements of an underlying asset (which can be a stock, ETF, commodity, bond, etc).

Are you new to all this? Check out our introduction to the main concepts of CFD trading.

CFD financing rates

Also referred to as a swap fee or overnight rate, the financing rate is the cost you have to pay for holding a leveraged position overnight. The financing rate is one of your most important cost items in CFD trading. Your costs stemming from financing rates add up over time: the longer you hold your position, the larger your financing cost will be.

Financing rates are set at the broker's discretion but are usually closely linked to benchmark interest rates. In other words, if interest rates in general are high, financing rates will also be higher. Financing rates can also vary depending on the type of security being traded.

Low CFD trading fees, low financing rates

At BrokerChooser, we regularly collect and update financing rate data along with other data sets for more than 100 brokers globally. Check out financing rates and overall CFD trading costs at HYCM in the following tables and see how they compare to rates applied by some close competitors.

CFD financing rates at HYCM
Broker	CFD financing rate class	Apple CFD financing rate
HYCM	Low	-
AvaTrade	High	11.1%
XM	Average	9.9%

CFD trading fees at HYCM
Broker	CFD fee class	S&P 500 index CFD fee
HYCM	Low	$2.1
AvaTrade	Average	$3.8
XM	Average	$3.0

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73-76% of retail CFD accounts lose money

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HYCM margin rates

Are margin rates low at HYCM?

Before we begin, let's see if HYCM is available in your country:

Leveraged trading available for CFDs only

CFD financing rates

Low CFD trading fees, low financing rates

Further reading