HYCM, a major UK and Cyprus-regulated forex and CFD broker has added the option for bitcoin trading.
According to the statement, quoted by Finance Magnates, this has been done due to popular demand. Now the clients of the broker can trade the BTC/USD pair.
The growing interest and prices of the major digital currencies, of which the Bitcoin is the most popular and expensive, has prompted numerous forex brokers to expand their tradable currencies portfolio with some of them.
Most recently the social trading platform eToro added Ethereum Classic to its list and launched investment CopyFund in Bitcoin and Ethereum. Another European forex broker – JFD Brokers added Bitcoin trading and AvaTrade added Bitcoin, Dash and Ripple.
Henyep Capital Markets (HYCM) is part of Henyep Group – a major international business conglomerate with businesses in the financial services, property, education and charity sectors. The company has offices in United Kingdom, Hong Kong, Cyprus and Dubai.
HYCM is regulated by UK’s FCA and the Cyprus Securities and Exchange Commission. It offers trading in forex and CFDs on the popular MetaTrader 4 platform. The broker serves both retail and institutional traders.