Important Information about HYCM Forex Broker
Reviewed broker: HYCM
Operated by Henyep Group, experienced and resourceful company acquired through 40 years of operation in the financial markets.
Regulation: FCA UK, CySEC (Cyprus), SFC (Hong Kong)
Location: UK, Hong Kong, Cyprus, Dubai
Note: HYCM is previously known as HYMarkets
Market maker: yes
Trading instruments: forex, commodities, stocks, metals
International Financial Markets Awards
FXDailyInfo Best Forex Broker Europe 2017
Global Brands Magazine Best Forex Broker Dubai 2017
World Finance Best Mobile Trading Platform 2017
Global Banking and Finance Review awards Best Forex Broker UAE 2017
World Finance Best Broker Middle East 2017
Trade 100’s of CFD and Forex products online
HYCM trade platform, in addition to MetaTrader 4 and our Mobile App, gives access to trade multiple capital markets
- Spreads from 1.5 pips
- Start trading with $100
- FCA & CySEC Regulated
- New Education Resources
Trade Forex, Oil, Gold, Indices, Stocks
With HYCM you can trade forex, metals such as gold and silver, energy products such as oil and gas, commodities, indices and stocks, all from a single integrated account.
- All major markets through one platform
- Easy account registration
- Choice of Trading Platforms
- Market analysis and Educational Resources for beginners
Account Types and Trading Features Review
Account types: Micro Standard, VIP
Islamic swap free accounts: available
Minimum trade size: 0.01
Maximum leverage up to 1:400
Spread types: fixed
Spreads start from 1.8 pips
Trading platform: Metatrader 4
Expert advisors: allowed
Automated trading: yes
Trading signals: yes
Bonus and promotions: 25% up to $5,000
Payment Methods for Deposit and Withdrawal
Minimum deposit requirement: $100
Payment methods: credit cards, wire transfer, Skrill, webmoney
Customer support: email, call back, phone, online chat
Popular Questions Answers about HYCM Forex Broker
Is HYCM regulated?
What products can I trade with HYCM?
HYCM offers forex, CFDs and metal trading.
How do I open a live account with HYCM?
Just follow the 3 basic steps of the Account Opening Procedure and you will be able to start trading within 5 minutes.
What types of accounts are available at HYCM?
HYCM offers 3 types of accounts based on your trading experience: Micro, Standard, VIP.
How do I fund my account?
HYCM offers you multiple methods so you can select the desired payment method and fund your account.
Is trading with HYCM secure?
The HYCM trading platform is designed to meet the rigorous security standards of international financial and banking institutions. Throughout our 30 years of operation, the Group has always put client’s information security as first priority.
Is HYCM regulated forex broker?
HYCM is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) and is required to work within strict accounting and risk management frameworks under regular FCA and CySEC scrutiny. All capital not being used for margin purposes will be fully segregated into a special client account which is kept separate from HYCM company funds.
ow was the rating of HYCM performed compared to other brokers?
This 2020 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on HYCM FX broker performance and features.
Overall our online HYCM review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online HYCM or you find inaccurate details HYCM broker review please get in touch with us and the changes will be applied.