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Written by: András I. Updated: Dec 2022
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Summary

Short selling is a trading strategy in which you speculate on the decline in the price of a stock or other security. If you'd like to learn about the intricacies of short selling real stocks, be sure to check out this article explaining the short selling of stocks.

Some stockbrokers only allow long position in stocks and ETFs. Others allow short positions only via CFDs on a handful of popular individual stocks. Advanced traders prefer brokers that allow the short selling of real stocks (and not just CFDs) on most stock markets their clients have access to.

Unfortunately, HYCM doesn't allow the short selling of real stocks. If you are looking for brokers that provide this service, check out this article about the best brokers for short selling or use our broker finder tool for a tailored recommendation.

Let's take a look at other popular asset classes at HYCM that enable traders to go short.

Short sale at HYCM
Short selling of CFDs

As clients of HYCM can trade CFDs, they can also go short on these assets. In the table below you will find our calculation for shorting some of the most traded CFD assets. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

HYCM CFD fees for a $2,000 short position held for one week
HYCM AvaTrade XM
S&P 500 index CFD fee $1.7 $2.6 $2.5
Euro Stoxx 50 index CFD fee $0.8 $2.0 $3.1
Apple CFD fee $4.2 $6.6 $6.7
Vodafone CFD fee - $8.3 $2.3

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73% of retail CFD accounts lose money

Short sale at HYCM
Shorting a currency

At HYCM, you can trade forex pairs, therefore you can go long or short in any of the currency pairs they offer. In the following table you will find our calculation for shorting the most traded currency pairs. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

HYCM forex benchmark fees for a $20,000 30:1 short position held for one week
HYCM AvaTrade XM
EURUSD benchmark fee $14.1 $16.2 $14.6
GBPUSD benchmark fee $11.2 $11.0 $9.6
AUDUSD benchmark fee $14.4 $15.3 $11.4
EURCHF benchmark fee $10.3 $4.5 $4.4
EURGBP benchmark fee $15.6 $15.5 $13.7

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73% of retail CFD accounts lose money

Author of this article

András Iván

Author of this article

András is a former broker analyst for BrokerChooser. He has years of experience in investing and trading equities, options and bonds. He believes that active trading and a more passive investing approach both have merits and everyone can find a strategy that fits their needs. He's eager to help identify the characteristics of specific brokers, so each client can find the best match.

András Iván

András is a former broker analyst for BrokerChooser. He has years of experience in investing and trading equities, options and bonds. He believes that active trading and a more passive investing approach both have merits and everyone can find a strategy that fits their needs. He's eager to help identify the characteristics of specific brokers, so each client can find the best match.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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73% of retail CFD accounts lose money

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