Bitcoin cryptocurrency. The company added a pair of BTC / USD to the list of trading instruments due to the increased demand for digital currency.
By popular demand of clients, HYCM, a forex and CFD broker, has been announcing the addition of bitcoin to its list of trading instruments. Now the company’s customers will be able to trade in a pair of BTC / USD.
Bitcoin became the first crypto currency in the financial industry and gained wide popularity among the ranks of traders and investors. In addition, this is a very volatile asset, which implies significant profits and losses in the trading of this instrument. Interest in digital currencies was particularly noticeable in the last year against the backdrop of a sharp increase in most of the blocking assets around the world. The cost of bitcoin exceeds $ 2500, and now its market capitalization is estimated at 41 billion dollars
Schedule BTC / USD
HYCM offers currency and CFD services to both retail and institutional clients. The company is a part of Henyep Capital Markets Group, an international corporation that deals with business in real estate, education, financial services and charity.
The company is regulated by the UK Financial Regulation and Supervision Authority (FCA), the Financial Services Authority of Dubai (DFSA), and the Cyprus Securities and Exchange Commission (CySEC). HYCM has offices in Britain, Cyprus, Dubai and Hong Kong. HYCM can now trade bitcoin.
In early May, the broker published a strategic report and audited financial results for 2016. The Board of Directors of the company approved the indicators, calling the last year “satisfactory”. However, at the same time, a slight decrease in trading volumes was recorded, which caused only a slight increase in operating profit.
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