August 08, 2020

Top Forex Brokers

Important Information about HYCM Forex Broker

HYCM ReviewReviewed 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

ECN: no

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 Representatives 

Customer support: email, call back, phone, online chat

Popular Questions Answers about HYCM Forex Broker

Is HYCM regulated?

Yes, HYCM is a trustworthy company that has been operating for over 40 years and is regulated in multiple jurisdictions. HYCM is a safe and secure way to trade forex and CFDs. The company and its subsidiary are regulated by the Cyprus Securities Exchange (CySEC) and the Financial Conduct Authority (FCA)

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.  

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