Forex brokers make money either from commissions or spread. You should understand all the fees charged by your broker before opening an account. International brokers can trade with leverage of up to 500:1 on most major currencies. It’s important to choose a broker with leverage limits that suit your trading style. There are a few important things to pay attention to when choosing a broker. How to pick a brokerage account with leverage You’ll also find a range of education and research tools. You can customize your account levels with varying fee structures to fit your risk tolerance and trade frequency. Account minimums with HYCM may vary depending on your base currency and the type of account you open typically, you need $100 to $200 before you open an account. You can access levels of up to 500:1 through HYCM, depending on where you live and which currency pair you’re trading. HYCM uses the premium MT4 trading platform, offering leverage of up to 500:1. The broker offers excellent trading conditions and great liquidity.
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