Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

HYCM Review

4.56
185 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

HYCM general information

Founded in: 1977 year
Headquarters:
United Kingdom
Offices in the country:
Hong Kong, Cyprus, Kuwait, United Arab Emirates
Minimum Deposit: 20 $
Website: www.hycm.com
Website languages:
English, Arab, Spanish, Chinese, Russian, Hindi
Execution model:
MM
Deposit currency: USD, EUR
Support languages:
English, Arab, Spanish, Chinese, Russian, Hindi
Regulated by:
FCA (United Kingdom) license №186171
Mobile trading: iOS, Android
Types of offered accounts:
Demo accounts (with a time limit), Standard Accounts, Swap free accounts, VIP accounts, Segregated accounts
Affiliate program: 1
Deposit bonus: 10 %

HYCM Forex broker description

Pros

  • Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker's platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.

  • Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker's versatility. Depending on the traders' nationality, anyone can enjoy full access to the trading platform in their preferred language.

  • Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform's functionality and create an enjoyable trading experience.

  • A unique mobile trading app: HYCM has proved that it is an industry leader with the availability of its trading app. Only a few brokers can boast of an exclusively designed trading platform.

Cons

  • Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC's customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.



Unique Selling Points

  • Multi-Asset Platform: HYCM provides a multi-asset trading platform that enables traders to trade various financial products such as stocks, forex, indices, and commodities. Hence, brokers can enjoy access to their preferred trading instruments and pick interest in other trading instruments, all on the same platform.

  • HYCM Mobile: Clients enjoy unique features such as advanced trading tools and a user-friendly interface on HYCM Mobile. The mobile trading platform is compatible with both Android and iOS devices. 

  • Competitive Pricing: HYCM offers spreads that are primarily under stipulated market regulations. It also has a highly competitive pricing structure that attracts traders from all over the world and minimizes trading risk. The platform also affords traders two commission-free trading accounts, and the broker does not charge inactivity fees.

  • Negative Balance Protection: With the risk associated with trading, traders are often eager for financial security. HYCM provides Negative Balance Protection, ensuring traders' accounts do not fall into a negative balance despite significant market volatility.


Introduction

HYCM, previously HY Markets, is a leading international online trading platform that offers services to traders in more than 140 nations in different regions. The company was established in 1977 and has since developed into a reputable trading platform in the financial industry. 

The broker offers a repertoire of assets and six trading instruments - Forex, CFD Stock, Indices, Cryptocurrencies, Commodities, and Stocks. 

The quality of HYCM's trading services has won the broker numerous awards. These include Best Mobile Trading Platform at the 2020 Global Forex Awards, Best Forex Broker in the Middle East at the 2020 Global Forex Awards, and recently, Best Forex Broker in the Middle East at the Forex Expo Awards in 2022.


Supported Countries

HYCM serves and accepts customers from all over the world. However, due to regulatory factors, its availability is restricted in Afghanistan, Albania, Bahamas, Barbados, Belgium, Botswana, Cambodia, Canada, France, Ghana, Hong Kong, Iraq, Jamaica, Japan, Lao PDR, Mauritius, Myanmar, Nicaragua, North Korea, Panama, Sudan, Syria, Turkey, Uganda, USA, Vanuatu, Yemen, and Zimbabwe. Traders within the borders of these countries cannot open an account with HYCM.


Customer Service Rating

HYCM broker ranks as a top broker on Trustpilot with a 4.5 excellent rating from 261 client reviews. Many of the broker's clientele have made very positive feedback on the quality of its service. 

These positive HYCM reviews praised the broker's good customer support service, low spreads, affordable minimum deposit, user-friendly platform, swift transactions, and repertoire of trading instruments. 

However, there were a few negative HYCM reviews. Clients complained of limited asset selection, issues with withdrawal, lack of social trading platform, and copy trading features. These complaints considered in the context of the reviews are mostly hinged on the client's trading preference. 

It is important to note that the broker is currently working to improve the functionality of its trading platforms, and soon these features will be updated across platforms.


HYCM Capital Markets Trading Platforms

HYCM broker affords its clientele three unique trading platforms. These platforms include the widely-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms and a custom trading platform known as the HYCM Mobile App. 

Traders can choose the platform that best matches their expertise and preferred trading methods. The platforms are further discussed in detail below.

  • HYCM Mobile App: The HYCM Mobile App is available on Android and iOS. Traders can download it via App Store or Google Play store on their smartphones or tablets to gain full access to the app. With the app, traders can access their trading accounts, place trades, and manage their trading positions. The app also has a variety of functions, such as technical analysis tools and news notifications. This enables traders to receive trading information and make trading decisions on the go.

  • MetaTrader 4 (MT4): The MT4 platform enables HYCM users to trade over 300 instruments on a single trade with asset classes like Forex, CFD Stock, Indices, Cryptocurrencies, Commodities, and Stocks. With its user-friendly interface, sophisticated charting tools, Expert Advisors (EAs), adaptable trading systems, and adjustable trading indicators, MT4 offers traders enormous potential irrespective of their experience and skills. Another exciting feature of this platform is the option to create live trading accounts. These features aid traders in making profitable trading decisions. Traders can assess the MT4 platform via the HYCM mobile app anytime. 

  • MetaTrader 5 (MT5): The MT5 platform is a more sophisticated version of the MT4 trading platform. It provides multifunction and multi-asset trading features and sophisticated technical and fundamental analysis on customizable systems. The MT5 platform also features a fully integrated economic calendar to help traders stay abreast of trading events in the financial market. Other trading services on this platform include more order types and timeframes. For traders who like to trade on the go, the MT5 platform is available as a mobile app.


Type of Trading Accounts

Every trader on the HYCM platform has access to various account types tailored to their trading experience, goals, and methods. However, the trading requirements for each type of account differ per the regulatory rules of various jurisdictions. Generally, the following account types are available to traders on HYCM:

  • Fixed Account: This HYCM account suits traders who prefer to trade in lower quantities and fixed spreads. While this account is commission free, a minimum deposit of $100 is required. The account has a 0.01 lot size and fixed spreads, which start at 1.8 pips. It is important to note that swap options, automatic trading features, and EAs are unavailable on this account.

  • Classic Account: This HYCM account is intended for traders who enjoy trading with floating spreads. Like the Fixed Account, this account has a $100 minimum deposit requirement and zero commission fees. The Classic Account also has a 0.01 lot size, with floating spreads beginning at 1.2 pips. While there are no swaps on this account, traders can access EAs and automated trading features.

  • Raw Account: This HYCM account is recommended for traders seeking the lowest available spreads. Its spread starts from 0.2 pips. The account affords traders access to EAs and, similar to the fixed and classic accounts, has no swap. However, unlike the other two accounts, the HYCM Raw Account requires a minimum deposit of $200 and charges a commission fee of $4 per round on trades.

  • Islamic Account: This HYCM account strictly complies with the financial principles of the Sharia Law. With this account, traders are not charged for the first 14 days for holding a position. However, once this stipulated period elapses, a standard storage fee of $5 is imposed per complete contract every night. The Islamic account is accessible on all three primary account types.

  • VIP Account: This HYCM account is designed for high-volume traders and provides competitive spreads, commissions, and a minimum deposit of $10,000. Traders also have access to more comprehensive market research and enjoy the services of a personal trading manager.


Trading Denominations

By creating an account with HYCM, traders can choose their preferred base currency. Hence, HYCM broker provides traders with eight base currencies to choose from. The base currencies include USD, EUR, GBP, RUB, AED, and CAD. It's important to note that on HYCM platforms if traders deposit money in a currency other than the base currency of their account, the platform will charge currency conversion fees.


Company Structure

HYCM's structure reflects its strong commitment to complying with regulations and providing traders with a secure and transparent trading environment. 

The company is managed by a team of experienced professionals who oversee operations, ensuring regulatory compliance and delivering a top-quality trading experience to clients. 

The team handles every aspect of the company, including finance, compliance, and information technology. Besides its London headquarters, HYCM maintains offices in Hong Kong and the United Arab Emirates. 


HYCM Capital Markets Licenses and Regulatory Compliance

As a company with subsidiaries in different jurisdictions offering services internationally, HYCM is subject to the laws of several regulatory authorities. These authorities are:

  • Cyprus Securities and Exchange Commission (CySEC): CySEC regulates the operations of HYCM (Europe) Ltd. The company operates under license number 259/14

  • Financial Conduct Authority (FCA): The financial regulator FCA oversees the operations of HYCM in the United Kingdom. The company is registered under the FCA with registration number 186171.

  • Dubai Financial Services Authority (DFSA): Henyep Capital Markets (DIFC) Limited operates in the UAE under the authority of DFSA with reference number F000048.

  • The Cayman Islands Monetary Authority (CIMA): HYCM Ltd is authorized and regulated by the CIMA in the Cayman Islands. The broker's license number is 1442313.

An HYCM review is incomplete without the mention of HYCM Limited's registration as an International Business Company. The broker is registered in Saint Vincent and the Grenadines with registration number 25228 (IBC 2018).


HYCM Capital Markets Customer Support

HYCM offers its customers a comprehensive customer support service that is accessible 24 hours every working day, that is 24/5. Customers can contact the support staff by phone, email, social media, and live chat. 

Depending on the user's preferred language, HYCM's customer service support is available in Arabic, Chinese, French, German, Polish, Russian, and Spanish. 

The company's customer service team comprises seasoned experts committed to offering clients swift and efficient assistance. 

HY markets reviews suggest that its customer service is often praised in client reviews as a strong indication of top-notch service. If a client has any inquiries on trading, account administration, or other connected topics, the customer service team is readily available to help.


HYCM Capital Markets Customer Protection

Safeguarding clients' assets and personal information is of utmost importance to HYCM. This is evident in the broker's extensive measures to protect its clientele. These measures include:

  • Regulatory Compliance: HYCM is authorized and regulated by several regulatory authorities in different jurisdictions, including the FCA, CySEC, CIMA, and DFSA. Hence, clients are assured of transparency and fairness. 

  • Client Fund Segregation: HYCM maintains client funds in segregated accounts, which means that client funds are kept separate from the company's operational funds. This ensures that clients' funds are protected in any unforeseen financial turbulence.

  • Investor Compensation Fund: HYCM is a member of the Investor Compensation Fund (ICF) in Cyprus, providing additional protection to clients if the company faces financial difficulties.

  • Security and Privacy: HYCM uses efficient security measures to secure clients' personal information and trading data. The broker's technical team updates the platform's security measures regularly.

 

Trading Information

HYCM offers its clientele a repertoire of products which includes stocks, indices, commodities, stock CFDs, forex pairs, and cryptocurrencies. However, the availability of these products depends on the trader's country of residence, trading account, and regulatory rules.


Tradable Instruments

The available trading instruments on HYCM are:

  • Stocks: HYCM clients can access stocks of top international companies such as Apple, Facebook, Amazon, Google, Microsoft, Tesla Motors, Twitter, and Vipshop Holdings. The leverage on stocks is up to 1:20. 

  • Indices: Some top indices on HYCM include US 500 Index CFDs, UK 100 Index CFDs, and Germany 30 Index CFDs. The maximum HYCM leverage on Indices is 1:200.

  • Commodities: HYCM offers 14 commodities which include gold, silver, oil, sugar, and cotton. The leverage on commodities is up to 1:133.

  • Forex: On the HYCM platform, there are over 70 currency pairs. These include EUR/USD, GBP/USD, USD/JPY, NZD/CAD, EUR/JPY, and USD/ZAR. The leverage on Forex pairs is up to 500:1.

  • Share CFDs: HYCM offers 149 share CFDs. The selection available includes some major US, UK, and European Exchanges. Leverage on share CFDs is up to 1:20.  

  • Cryptocurrencies: HYCM offers over 21 crypto pairs. These include Bitcoin, Ethereum, Litecoin, and Ripple. The maximum leverage offered is up to 1:20 on all major cryptocurrencies.


Leverage on HYCM

HYCM provides its clients flexible leverage options, depending on the asset being traded and the client's account type. The maximum leverage available to clients is 1:500 for forex and 1:20 for cryptocurrencies. The leverage for stocks, indices, and commodities varies, with some instruments offering leverage of up to 1:200.


Deposits and Withdrawals

HYCM offers its clients multiple options for depositing and withdrawing funds from their trading accounts, including bank wire transfers, credit/debit cards, e-wallets, and online payment services. 

Deposits are processed instantly, and withdrawal times vary depending on the method used. The minimum deposit depends on the trader's preferred account. HYCM market reviews reveal that the broker does not charge any deposit fees; however, there may be fees associated with certain withdrawal methods charged by the trader's service provider.

Deposits

Method

Processing Time

Bank Wire Transfer

1 – 7 working days

Visa/Mastercard 

Up to 1 hour

Neteller

Up to 1 hour

Skrill

Up to 1 hour

Bitcoin 

Up to 3 hours

Perfect Money

Up to 1 hour


Withdrawals

Method

Processing Time

Bank Wire Transfer

1 – 4 working days

Visa/Mastercard 

1 – 7 working days 

Neteller

Within 24 hours

Skrill

Within 24 hours

Bitcoin 

Within 24 hours

Perfect Money

Within 24 hours


HYCM Capital Markets Trading Education and Training

HYCM broker helps traders pilot an efficient trading platform with a repertoire of educational resources. Based on this HY Market review, the broker offers a variety of educational resources and training materials tailored to suit the needs and goals of the client. 

Educational and training resources provided by the broker include webinars, video tutorials, e-books, Trading Central, and an economic calendar. Many HYCM traders have reportedly enhanced their trading experience on this platform.


FAQs

What is the minimum deposit required to open an account with HYCM?

HYCM has no fixed minimum deposit, as the minimum deposit depends on the trader's preferred account type.

When can I contact HYCM’s customer support team?

HYCM's customer support team is primarily available 24/5. You can contact the team any time on working days, excluding complaints forwarded to [email protected] which is only available between 9:00 and 18:00 (GMT +3). The team is unavailable on weekends, and customer requests during this period will be attended to the next working day.


Conclusion

HYCM is a reputable broker offering a range of trading instruments, competitive spreads, and maximum leverage. The broker provides a user-friendly trading platform, excellent customer support, and various educational resources to help clients improve their skills and trading experience. 

HYCM also offers a choice of account types with different features and benefits to cater to the needs of different traders. Whether as a new or experienced trader, this HYCM review concludes that HYCM is an ideal broker to improve your chances of trading for profit. You can start your journey with the HYCM demo account.

Trading accounts of HYCM

  • Mini
  • Standart
  • Premium
  • HY Pro
  • VIP
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 20 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Forex1:400
Number of currency pairs: 390
  • ARS/DKK
  • AUD/BGN
  • AUD/CAD
  • AUD/CHF
  • AUD/CNH
  • AUD/CZK
  • AUD/DKK
  • AUD/EUR
  • AUD/GBP
  • AUD/HKD
  • AUD/HUF
  • AUD/ILS
  • AUD/JPY
  • AUD/MXN
  • AUD/NOK
  • AUD/NZD
  • AUD/PLN
  • AUD/RUR
  • AUD/SEK
  • AUD/SGD
  • AUD/THB
  • AUD/TRY
  • AUD/USD
  • AUD/ZAR
  • BBP/AUD
  • BGN/JPY
  • BGN/RON
  • BGN/USD
  • Bit/Coi
  • BRT/USD
  • BTC/CNH
  • BTC/CNY
  • BTC/EUR
  • BTC/JPY
  • BTC/RUB
  • BTC/USD
  • CAD/BGN
  • CAD/CHF
  • CAD/CNH
  • CAD/CZK
  • CAD/DKK
  • CAD/EUR
  • CAD/HKD
  • CAD/HUF
  • CAD/ILS
  • CAD/JPY
  • CAD/MXN
  • CAD/NOK
  • CAD/PLN
  • CAD/RUR
  • CAD/SEK
  • CAD/SGD
  • CAD/TRY
  • CAD/USD
  • CAD/ZAR
  • CHF/AUD
  • CHF/BGN
  • CHF/CAD
  • CHF/CNH
  • CHF/CZK
  • CHF/DKK
  • CHF/HKD
  • CHF/HUF
  • CHF/ILS
  • CHF/JPY
  • CHF/MXN
  • CHF/NOK
  • CHF/PLN
  • CHF/RON
  • CHF/RUR
  • CHF/SEK
  • CHF/SGD
  • CHF/SKK
  • CHF/THB
  • CHF/TRY
  • CHF/USD
  • CHF/ZAR
  • CLP/DKK
  • CNH/HKD
  • CNH/JPY
  • CZK/HKD
  • CZK/HUF
  • CZK/JPY
  • CZK/NOK
  • CZK/PLN
  • CZK/SEK
  • CZK/SGD
  • CZK/ZAR
  • DKK/CNH
  • DKK/CZK
  • DKK/HUF
  • DKK/JPY
  • DKK/NOK
  • DKK/PLN
  • DKK/SEK
  • DKK/SGD
  • DKK/THB
  • DKK/UAH
  • DKK/ZAR
  • EUR/AED
  • EUR/AUD
  • EUR/BHD
  • EUR/CAD
  • EUR/CHF
  • EUR/CNH
  • EUR/CZK
  • EUR/DKK
  • EUR/EGP
  • EUR/GBP
  • EUR/HKD
  • EUR/HRK
  • EUR/HUF
  • EUR/ILS
  • EUR/INR
  • EUR/IQD
  • EUR/ISK
  • EUR/JOD
  • EUR/JPY
  • EUR/KWD
  • EUR/LBP
  • EUR/LTL
  • EUR/LVL
  • EUR/MXN
  • EUR/NOK
  • EUR/NZD
  • EUR/OMR
  • EUR/PLN
  • EUR/QAR
  • EUR/RON
  • EUR/RUB
  • EUR/RUR
  • EUR/SAR
  • EUR/SEK
  • EUR/SEL
  • EUR/SGD
  • EUR/SKK
  • EUR/THB
  • EUR/TRY
  • EUR/UAH
  • EUR/USD
  • EUR/WME
  • EUR/WMR
  • EUR/WMU
  • EUR/WMZ
  • EUR/ZAR
  • Fri/day
  • GAS/USD
  • GB//PLN
  • GBP/AED
  • GBP/AUD
  • GBP/BGN
  • GBP/CAD
  • GBP/CHF
  • GBP/CNH
  • GBP/CZK
  • GBP/DKK
  • GBP/EGP
  • GBP/EUR
  • GBP/HKD
  • GBP/HUF
  • GBP/ILS
  • GBP/INR
  • GBP/JPY
  • GBP/KWD
  • GBP/MXN
  • GBP/NOK
  • GBP/NZD
  • GBP/PLN
  • GBP/RON
  • GBP/RUB
  • GBP/RUR
  • GBP/SEK
  • GBP/SGD
  • GBP/SKK
  • GBP/THB
  • GBP/TRY
  • GBP/USD
  • GBP/ZAR
  • GPB/SGD
  • HEO/USD
  • HKD/CNH
  • HKD/DKK
  • HKD/HUF
  • HKD/JPY
  • HKD/MXN
  • HKD/NOK
  • HKD/NZD
  • HKD/PLN
  • HKD/SEK
  • HKD/SGD
  • HKD/ZAR
  • HRK/DKK
  • HUF/CZK
  • HUF/JPY
  • HUF/MXN
  • HUF/NOK
  • HUF/SEK
  • HUF/SGD
  • HUF/ZAR
  • ILS/DKK
  • ILS/JPY
  • ILS/NZD
  • ILS/RUR
  • Inv/ali
  • ISK/DKK
  • ISK/JPY
  • ISK/NOK
  • ISK/SEK
  • JPY/DKK
  • JPY/EUR
  • JPY/ILS
  • JPY/NOK
  • JPY/USD
  • LTC/BTC
  • LTC/CNH
  • LTC/CNY
  • LTC/EUR
  • LTC/JPY
  • LTC/RUB
  • LTC/USD
  • LTL/DKK
  • LVL/DKK
  • MXN/DKK
  • MXN/JPY
  • NMC/BTC
  • NMC/USD
  • NOK/CNH
  • NOK/DKK
  • NOK/JPY
  • NOK/PLN
  • NOK/SEK
  • NOK/SGD
  • NOK/TRY
  • NOK/USD
  • NOK/ZAR
  • NZD/AUD
  • NZD/CAD
  • NZD/CHF
  • NZD/CNH
  • NZD/CZK
  • NZD/DKK
  • NZD/EUR
  • NZD/GBP
  • NZD/HKD
  • NZD/HUF
  • NZD/JPY
  • NZD/MXN
  • NZD/NOK
  • NZD/PLN
  • NZD/RUR
  • NZD/SEK
  • NZD/SGD
  • NZD/THB
  • NZD/TRY
  • NZD/USD
  • NZD/ZAR
  • OIL/USD
  • PLN/CZK
  • PLN/DKK
  • PLN/HUF
  • PLN/JPY
  • PLN/SEK
  • PPC/BTC
  • PPC/USD
  • RUB/WMR
  • RUR/JPY
  • SAR/DKK
  • SDR/RUR
  • SDR/USD
  • SEK/CNH
  • SEK/DKK
  • SEK/JPY
  • SEK/NOK
  • SEK/PLN
  • SEK/SGD
  • SEK/TRY
  • SEK/ZAR
  • Ser/ver
  • SGD/CHF
  • SGD/DKK
  • SGD/HKD
  • SGD/JPU
  • SGD/JPY
  • SGD/ZAR
  • SIL/VER
  • SKK/DKK
  • SKK/HUF
  • THB/JPY
  • Tra/din
  • TRY/BGN
  • TRY/CZK
  • TRY/DKK
  • TRY/JAP
  • TRY/JPY
  • TRY/RON
  • TRY/ZAR
  • UAH/RUR
  • UAH/WMU
  • USD/AED
  • USD/AUD
  • USD/BGN
  • USD/BHD
  • USD/BKT
  • USD/BRL
  • USD/CAD
  • USD/CHF
  • USD/CLP
  • USD/CNH
  • USD/CNY
  • USD/CZK
  • USD/DKK
  • USD/DZD
  • USD/EGP
  • USD/HDK
  • USD/HKD
  • USD/HRK
  • USD/HUF
  • USD/IDR
  • USD/ILS
  • USD/INR
  • USD/IQD
  • USD/IRR
  • USD/ISK
  • USD/JOD
  • USD/JPY
  • USD/KRW
  • USD/KWD
  • USD/LBP
  • USD/LTL
  • USD/LVL
  • USD/LYD
  • USD/MAD
  • USD/MXN
  • USD/MXP
  • USD/MYR
  • USD/NOK
  • USD/OMR
  • USD/PHP
  • USD/PLN
  • USD/QAR
  • USD/RMB
  • USD/RON
  • USD/RUB
  • USD/RUR
  • USD/SAR
  • USD/SEK
  • USD/SGD
  • USD/SKK
  • USD/SYP
  • USD/THB
  • USD/TND
  • USD/TRY
  • USD/TUR
  • USD/TWD
  • USD/UAH
  • USD/WMR
  • USD/WMU
  • USD/WMZ
  • USD/XVN
  • USD/YER
  • USD/ZAR
  • USR/TRY
  • War/nin
  • WME/USD
  • XAG/AUD
  • XAG/CHF
  • XAG/EUR
  • XAG/GBP
  • XAG/HKD
  • XAG/JPY
  • XAG/ONC
  • XAG/USD
  • XAU/AUD
  • XAU/CHF
  • XAU/EUR
  • XAU/GBP
  • XAU/HKD
  • XAU/JPY
  • XAU/RUB
  • XAU/THB
  • XAU/TRY
  • XAU/USD
  • XAU/XAG
  • XBR/USD
  • XDP/USD
  • XPD/USD
  • XPT/USD
  • XPT/ZAR
  • XTI/USD
  • ZAR/JPY
CFD's1:20
Metals1:100
  • Gold
  • Silver
Energy sources1:50
  • Oil
  • Gas
Stop Out:
10 %
Minimum position size:
0.01 лотов
Maximum position size:
50 лотов
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Fixed
Decimal places:
5 characters
Margin Call:
70 %
Speed ​​of execution:
0.01 sec.
Commission:
Not
Phone trading:
Yes
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 1000 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Forex1:400
Number of currency pairs: 390
  • ARS/DKK
  • AUD/BGN
  • AUD/CAD
  • AUD/CHF
  • AUD/CNH
  • AUD/CZK
  • AUD/DKK
  • AUD/EUR
  • AUD/GBP
  • AUD/HKD
  • AUD/HUF
  • AUD/ILS
  • AUD/JPY
  • AUD/MXN
  • AUD/NOK
  • AUD/NZD
  • AUD/PLN
  • AUD/RUR
  • AUD/SEK
  • AUD/SGD
  • AUD/THB
  • AUD/TRY
  • AUD/USD
  • AUD/ZAR
  • BBP/AUD
  • BGN/JPY
  • BGN/RON
  • BGN/USD
  • Bit/Coi
  • BRT/USD
  • BTC/CNH
  • BTC/CNY
  • BTC/EUR
  • BTC/JPY
  • BTC/RUB
  • BTC/USD
  • CAD/BGN
  • CAD/CHF
  • CAD/CNH
  • CAD/CZK
  • CAD/DKK
  • CAD/EUR
  • CAD/HKD
  • CAD/HUF
  • CAD/ILS
  • CAD/JPY
  • CAD/MXN
  • CAD/NOK
  • CAD/PLN
  • CAD/RUR
  • CAD/SEK
  • CAD/SGD
  • CAD/TRY
  • CAD/USD
  • CAD/ZAR
  • CHF/AUD
  • CHF/BGN
  • CHF/CAD
  • CHF/CNH
  • CHF/CZK
  • CHF/DKK
  • CHF/HKD
  • CHF/HUF
  • CHF/ILS
  • CHF/JPY
  • CHF/MXN
  • CHF/NOK
  • CHF/PLN
  • CHF/RON
  • CHF/RUR
  • CHF/SEK
  • CHF/SGD
  • CHF/SKK
  • CHF/THB
  • CHF/TRY
  • CHF/USD
  • CHF/ZAR
  • CLP/DKK
  • CNH/HKD
  • CNH/JPY
  • CZK/HKD
  • CZK/HUF
  • CZK/JPY
  • CZK/NOK
  • CZK/PLN
  • CZK/SEK
  • CZK/SGD
  • CZK/ZAR
  • DKK/CNH
  • DKK/CZK
  • DKK/HUF
  • DKK/JPY
  • DKK/NOK
  • DKK/PLN
  • DKK/SEK
  • DKK/SGD
  • DKK/THB
  • DKK/UAH
  • DKK/ZAR
  • EUR/AED
  • EUR/AUD
  • EUR/BHD
  • EUR/CAD
  • EUR/CHF
  • EUR/CNH
  • EUR/CZK
  • EUR/DKK
  • EUR/EGP
  • EUR/GBP
  • EUR/HKD
  • EUR/HRK
  • EUR/HUF
  • EUR/ILS
  • EUR/INR
  • EUR/IQD
  • EUR/ISK
  • EUR/JOD
  • EUR/JPY
  • EUR/KWD
  • EUR/LBP
  • EUR/LTL
  • EUR/LVL
  • EUR/MXN
  • EUR/NOK
  • EUR/NZD
  • EUR/OMR
  • EUR/PLN
  • EUR/QAR
  • EUR/RON
  • EUR/RUB
  • EUR/RUR
  • EUR/SAR
  • EUR/SEK
  • EUR/SEL
  • EUR/SGD
  • EUR/SKK
  • EUR/THB
  • EUR/TRY
  • EUR/UAH
  • EUR/USD
  • EUR/WME
  • EUR/WMR
  • EUR/WMU
  • EUR/WMZ
  • EUR/ZAR
  • Fri/day
  • GAS/USD
  • GB//PLN
  • GBP/AED
  • GBP/AUD
  • GBP/BGN
  • GBP/CAD
  • GBP/CHF
  • GBP/CNH
  • GBP/CZK
  • GBP/DKK
  • GBP/EGP
  • GBP/EUR
  • GBP/HKD
  • GBP/HUF
  • GBP/ILS
  • GBP/INR
  • GBP/JPY
  • GBP/KWD
  • GBP/MXN
  • GBP/NOK
  • GBP/NZD
  • GBP/PLN
  • GBP/RON
  • GBP/RUB
  • GBP/RUR
  • GBP/SEK
  • GBP/SGD
  • GBP/SKK
  • GBP/THB
  • GBP/TRY
  • GBP/USD
  • GBP/ZAR
  • GPB/SGD
  • HEO/USD
  • HKD/CNH
  • HKD/DKK
  • HKD/HUF
  • HKD/JPY
  • HKD/MXN
  • HKD/NOK
  • HKD/NZD
  • HKD/PLN
  • HKD/SEK
  • HKD/SGD
  • HKD/ZAR
  • HRK/DKK
  • HUF/CZK
  • HUF/JPY
  • HUF/MXN
  • HUF/NOK
  • HUF/SEK
  • HUF/SGD
  • HUF/ZAR
  • ILS/DKK
  • ILS/JPY
  • ILS/NZD
  • ILS/RUR
  • Inv/ali
  • ISK/DKK
  • ISK/JPY
  • ISK/NOK
  • ISK/SEK
  • JPY/DKK
  • JPY/EUR
  • JPY/ILS
  • JPY/NOK
  • JPY/USD
  • LTC/BTC
  • LTC/CNH
  • LTC/CNY
  • LTC/EUR
  • LTC/JPY
  • LTC/RUB
  • LTC/USD
  • LTL/DKK
  • LVL/DKK
  • MXN/DKK
  • MXN/JPY
  • NMC/BTC
  • NMC/USD
  • NOK/CNH
  • NOK/DKK
  • NOK/JPY
  • NOK/PLN
  • NOK/SEK
  • NOK/SGD
  • NOK/TRY
  • NOK/USD
  • NOK/ZAR
  • NZD/AUD
  • NZD/CAD
  • NZD/CHF
  • NZD/CNH
  • NZD/CZK
  • NZD/DKK
  • NZD/EUR
  • NZD/GBP
  • NZD/HKD
  • NZD/HUF
  • NZD/JPY
  • NZD/MXN
  • NZD/NOK
  • NZD/PLN
  • NZD/RUR
  • NZD/SEK
  • NZD/SGD
  • NZD/THB
  • NZD/TRY
  • NZD/USD
  • NZD/ZAR
  • OIL/USD
  • PLN/CZK
  • PLN/DKK
  • PLN/HUF
  • PLN/JPY
  • PLN/SEK
  • PPC/BTC
  • PPC/USD
  • RUB/WMR
  • RUR/JPY
  • SAR/DKK
  • SDR/RUR
  • SDR/USD
  • SEK/CNH
  • SEK/DKK
  • SEK/JPY
  • SEK/NOK
  • SEK/PLN
  • SEK/SGD
  • SEK/TRY
  • SEK/ZAR
  • Ser/ver
  • SGD/CHF
  • SGD/DKK
  • SGD/HKD
  • SGD/JPU
  • SGD/JPY
  • SGD/ZAR
  • SIL/VER
  • SKK/DKK
  • SKK/HUF
  • THB/JPY
  • Tra/din
  • TRY/BGN
  • TRY/CZK
  • TRY/DKK
  • TRY/JAP
  • TRY/JPY
  • TRY/RON
  • TRY/ZAR
  • UAH/RUR
  • UAH/WMU
  • USD/AED
  • USD/AUD
  • USD/BGN
  • USD/BHD
  • USD/BKT
  • USD/BRL
  • USD/CAD
  • USD/CHF
  • USD/CLP
  • USD/CNH
  • USD/CNY
  • USD/CZK
  • USD/DKK
  • USD/DZD
  • USD/EGP
  • USD/HDK
  • USD/HKD
  • USD/HRK
  • USD/HUF
  • USD/IDR
  • USD/ILS
  • USD/INR
  • USD/IQD
  • USD/IRR
  • USD/ISK
  • USD/JOD
  • USD/JPY
  • USD/KRW
  • USD/KWD
  • USD/LBP
  • USD/LTL
  • USD/LVL
  • USD/LYD
  • USD/MAD
  • USD/MXN
  • USD/MXP
  • USD/MYR
  • USD/NOK
  • USD/OMR
  • USD/PHP
  • USD/PLN
  • USD/QAR
  • USD/RMB
  • USD/RON
  • USD/RUB
  • USD/RUR
  • USD/SAR
  • USD/SEK
  • USD/SGD
  • USD/SKK
  • USD/SYP
  • USD/THB
  • USD/TND
  • USD/TRY
  • USD/TUR
  • USD/TWD
  • USD/UAH
  • USD/WMR
  • USD/WMU
  • USD/WMZ
  • USD/XVN
  • USD/YER
  • USD/ZAR
  • USR/TRY
  • War/nin
  • WME/USD
  • XAG/AUD
  • XAG/CHF
  • XAG/EUR
  • XAG/GBP
  • XAG/HKD
  • XAG/JPY
  • XAG/ONC
  • XAG/USD
  • XAU/AUD
  • XAU/CHF
  • XAU/EUR
  • XAU/GBP
  • XAU/HKD
  • XAU/JPY
  • XAU/RUB
  • XAU/THB
  • XAU/TRY
  • XAU/USD
  • XAU/XAG
  • XBR/USD
  • XDP/USD
  • XPD/USD
  • XPT/USD
  • XPT/ZAR
  • XTI/USD
  • ZAR/JPY
CFD's1:20
Metals1:100
  • Gold
  • Silver
Energy sources1:50
  • Oil
  • Gas
Stop Out:
10 %
Minimum position size:
0.01 лотов
Maximum position size:
50 лотов
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Fixed
Decimal places:
5 characters
Margin Call:
70 %
Speed ​​of execution:
0.01 sec.
Phone trading:
Yes
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 2500 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Stop Out:
10 %
Minimum position size:
1 лотов
Maximum position size:
50 лотов
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
70 %
Speed ​​of execution:
1 sec.
Phone trading:
No
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile, Currenex Viking
Minimum Deposit : 10000 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Spread betting
Stop Out:
10 %
Minimum position size:
1 лотов
Maximum position size:
50 лотов
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
No
VIP Account:
Yes
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
70 %
Speed ​​of execution:
1 sec.
Phone trading:
Yes
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 10000 $
Deposit currency : USD - US Dollar
EUR - Euro
Trading instruments:
Number of currency pairs: 141
  • ARS/DKK
  • AUD/BGN
  • AUD/CAD
  • AUD/CHF
  • AUD/CNH
  • AUD/CZK
  • AUD/DKK
  • AUD/EUR
  • AUD/GBP
  • AUD/HKD
  • AUD/HUF
  • AUD/ILS
  • AUD/JPY
  • AUD/MXN
  • AUD/NOK
  • AUD/NZD
  • AUD/PLN
  • AUD/RUR
  • AUD/SEK
  • AUD/SGD
  • AUD/THB
  • AUD/TRY
  • AUD/USD
  • AUD/ZAR
  • BBP/AUD
  • BGN/JPY
  • BGN/RON
  • BGN/USD
  • Bit/Coi
  • BRT/USD
  • BTC/CNH
  • BTC/CNY
  • BTC/EUR
  • BTC/JPY
  • BTC/RUB
  • BTC/USD
  • CAD/BGN
  • CAD/CHF
  • CAD/CNH
  • CAD/CZK
  • CAD/DKK
  • CAD/EUR
  • CAD/HKD
  • CAD/HUF
  • CAD/ILS
  • CAD/JPY
  • CAD/MXN
  • CAD/NOK
  • CAD/PLN
  • CAD/RUR
  • CAD/SEK
  • CAD/SGD
  • CAD/TRY
  • CAD/USD
  • CAD/ZAR
  • CHF/AUD
  • CHF/BGN
  • CHF/CAD
  • CHF/CNH
  • CHF/CZK
  • CHF/DKK
  • CHF/HKD
  • CHF/HUF
  • CHF/ILS
  • CHF/JPY
  • CHF/MXN
  • CHF/NOK
  • CHF/PLN
  • CHF/RON
  • CHF/RUR
  • CHF/SEK
  • CHF/SGD
  • CHF/SKK
  • CHF/THB
  • CHF/TRY
  • CHF/USD
  • CHF/ZAR
  • CLP/DKK
  • CNH/HKD
  • CNH/JPY
  • CZK/HKD
  • CZK/HUF
  • CZK/JPY
  • CZK/NOK
  • CZK/PLN
  • CZK/SEK
  • CZK/SGD
  • CZK/ZAR
  • DKK/CNH
  • DKK/CZK
  • DKK/HUF
  • DKK/JPY
  • DKK/NOK
  • DKK/PLN
  • DKK/SEK
  • DKK/SGD
  • DKK/THB
  • DKK/UAH
  • DKK/ZAR
  • EUR/AED
  • EUR/AUD
  • EUR/BHD
  • EUR/CAD
  • EUR/CHF
  • EUR/CNH
  • EUR/CZK
  • EUR/DKK
  • EUR/EGP
  • EUR/GBP
  • EUR/HKD
  • EUR/HRK
  • EUR/HUF
  • EUR/ILS
  • EUR/INR
  • EUR/IQD
  • EUR/ISK
  • EUR/JOD
  • EUR/JPY
  • EUR/KWD
  • EUR/LBP
  • EUR/LTL
  • EUR/LVL
  • EUR/MXN
  • EUR/NOK
  • EUR/NZD
  • EUR/OMR
  • EUR/PLN
  • EUR/QAR
  • EUR/RON
  • EUR/RUB
  • EUR/RUR
  • EUR/SAR
  • EUR/SEK
  • EUR/SEL
  • EUR/SGD
  • EUR/SKK
  • EUR/THB
  • EUR/TRY
  • EUR/UAH
  • EUR/USD
  • EUR/WME

Monitoring of HYCM's Standart account

HYCM spreads All spreads HYCM

Enable data feed
EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Live spread

N/AN/AN/AN/AN/AN/AN/AN/A
Average spread
for the past
30 days
Average spreadInterval:
N/AN/AN/AN/AN/AN/AN/AN/A

HYCM quotes All quotes HYCM

Enable data feed
EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Ask
N/AN/AN/AN/AN/AN/AN/AN/A
Offers
N/AN/AN/AN/AN/AN/AN/AN/A

HYCM swaps All swaps HYCM

EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Long
N/AN/AN/AN/AN/AN/AN/AN/A
Short
N/AN/AN/AN/AN/AN/AN/AN/A

Contacts of HYCM

Headquarters
Великобритания , ЛондонТрогмортон-стрит, 28
show on the map
+44-208-816-7812Локальный телефон+44-207-990-9499Факс+44-207-330-9021

Recent customer reviews of HYCM

Albert Martino 06 August 2023

Advantages: Very solid offers from HYCM. I don't know what about you guys but if there is a broker whom you should trust it is hycm. And they are offering very competitive fees, spreads and everything. Platform is working very smoothly. And I want to mention the part about withdrawals and funding in the advantages because that is just blazingly fast and secure. I have never ever had a problem with money in hycm and I am sure you will not have as well.

Disadvantages: I am not sure if there are any. I mean there is no perfect thing of course but for sure I can not see something to say that it is a disadvantage. You can really try and make up some sort of unnecessary and useless disadvantages from nowhere but that is not how I consider the good review should look like.

Comment: In general, you can see from this review that I am satisfied with hycm and it is really and totally based on my experience with them.

Comment
Add a COMMENT
Markus Wurfel 31 July 2023

Advantages: Established company, possibility to invest in real stocks, MT platforms, any type of trading startegy is permitted;

Disadvantages: small amount of account types, no algo trading for fixed acount

Comment: Hycm is a renowned forex broker that has recommmended itself as a reliable mediator for any type of traders.
You can literally trade any trading style whatsoever, the broker welcomes scalpers, psitional traders or even algo traders.
It’s a great place to consider.

Comment
Add a COMMENT
Alphonse Pépin 28 July 2023

Advantages: + Good leverage + Quick execution

Disadvantages: Nothing to complain about

Comment: The leverage offered by HYCM is unbelievable - I've been able to make huge profits with just a small investment. I started with a small investment and thanks to the high leverage offered, I was able to make significant profits. It's amazing how much I've been able to do with a little capital. The minimum depo is a hundred dollars, which is little really.

Comment
Add a COMMENT

HYCM analisis & forecasts

All analysis HYCM
10 OCTOBER, 2017
Market Commentary Tuesday 10 October 2017

Tuesday 10 October 2017 EURUSD The EUR/USD pair managed to advance modestly this Monday, as half a holiday in the US, with Wall Street working, but pretty much everything else closed in the country, keeping majors within limi ...

Read more
09 OCTOBER, 2017
Market Commentary Monday 9 October 2017

Monday 9 October 2017 EURUSD The EUR/USD pair closed down for a fourth consecutive week, ending a busy Friday at 1.1733. The weekly decline was a combination of political jitters in Spain and a dovish stance towards rates fro ...

Read more
06 OCTOBER, 2017
Market Commentary Friday 6 October 2017

Friday 6 October 2017 EURUSD After a firm, but soft start to the day, the bid tone of the American dollar gathered momentum in the US session, following strong US data and hawkish comments from different Fed's speakers. Addit ...

Read more

HYCM bonuses, contests and promotions

All bonuses, promotions, contests HYCM
Offer type : Promotions(until 01.01.2019)
Refer a friend Program - HYCM

HYCM’s refer a friend program aims to thank its loyal clients for introducing company services to other people within their social network. Ref ...

RECOMMENDED FOREX BROKERS

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.