Delete HYCM Account | End Your HYCM Journey

In some cases, you may want to close your HYCM account. This can happen because one or more of the following points:

  • You’re not able to trade anymore
  • You find that the HYCM broker is not suitable for you after some time trading.
  • You don’t want to be charged with inactivity fees and have no intention to come back.

For these reasons and more, HYCM provides an option to delete your account permanently.

Note:

Accounts without any activity for ninety (90) consecutive days will be charged an administration (inactivity) fee of US $10.00 or the equivalent value in your Account base currency every month until any condition of the following happens:

  • Account activity resumes
  • The Account is closed by HYCM
  • HYCM receive your instruction to close your Account
  • Your account has a nil balance

Steps to Delete Your Account

  1. To delete your account properly you should firstly withdraw your money in the account.

 

HYCM supports withdrawal using the same methods as deposit which are:

  • Visa/ Mastercard
  • Skrill
  • Bank Transfer
  • WebMoney

The following table shows the withdrawal options from HYCM Broker along with their fees.

HYCM Withdrawal Options

Method

Minimum Withdrawal Amount ($)

Accepted Currencies

Transfer Time

Fees

Bank Wire

US $300

USD, EUR, GBP, AED

1 to 5 working days

$0

Visa/ Mastercard

US $20

USD, EUR, GBP, RUB, AED, CAD

Up to 1 hour

$0

WebMoney

US $20

USD, EUR

Up to 1 hour

$0

Netteler

US $20

USD, EUR

Up to 1 hour

$0

Skrill

US $20

USD, EUR

Up to 1 hour

$0

 

Notes:

  • Days are for indicative purposes and HYCM shall not be held liable for any delay of processing if such delays are out of our control.
  • HYCM does not charge on withdrawals above US $300 using bank transfers, however there might be charges from the banks that are then deducted from the amount that you will receive.
  • Please note withdrawals over $5,000 to Skrill or Neteller are subject to a 1% processing fee.
  1. The next step will be to email accounts@hycm.com and additionally inform your account manager that you wish to close your account.

This is a sample of the email you can send to HYCM in order to delete your account.

SUBJECT: Request To Delete My Account From Your Database

Dear HYCM Team,

I have an account in your database with the name …… and the email address that is linked to the account is ……….

Meanwhile, for some reasons, I have decided not to use the account again,

therefore I request that you kindly delete my account from your database and

also wipe all notifications if any.

From:

Your Name.

Email Account

Phone Number

Note:

Please note that the HYCM demo account is unlimited, and can be used for as long as you wish and can be funded at any time.

 



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