- Information
- Settings
- Types of accounts
- Reviews (85)
HYCM (formerly HYMarkets) is considered one of the leaders among Forex brokers and currently has more than 40 years of experience in the market. HYCM broker is a member of the Henyep Group, an international financial holding company founded in 1977 and headquartered in London (UK), which deals in financial services, education and real estate.
The main advantage of the HYCM broker is strict regulation, which is applied depending on the location of the company's offices in London, Limassol (Cyprus), Hong Kong and Dubai (UAE). In addition, HYCM offers an expanded range of trading tools, accompanying its clients with technical support.
HYCM regulation
The broker is part of a global financial company with a good reputation. The company's head office is Henyep Capital Markets , which is headquartered in London and is regulated by the FCA, which guarantees its clients the security of their financial investments. Other HYCM branches are licensed in Dubai (DFSA), Cyprus (CySEC), the Cayman Islands (CIMA) and Saint Vincent and the Grenadines.
Strict regulation means that customers are protected, and deposits are always separated, stored separately from the company's funds, and not available for HYCM's personal or commercial use. In addition, the company's clients are participants in the FSCS compensation program in the event of the company's bankruptcy.
Leverage
The HYCM leverage depends on the jurisdiction where the trading account was opened. This means that each jurisdiction is subject to certain rules and laws, so depending on your residence, different leverage levels and trading conditions also apply:
- 1:500 for accounts opened in Dubai, Cayman Islands, Saint Vincent and the Grenadines (for international traders);
- 1:30 for traders from the UK and Europe.
HYCM trading accounts
HYCM has three main types of accounts to meet the needs of any trader:
- Fixed. A Commission-free account with fixed spreads starting from 1.8 pips.
- Classic. A Commission-free account with floating spreads starting from 1.2 pips.
- Raw. An account with a Commission of$ 4 per lot and a spread of 0.2 pips.
In addition, thanks to the international offer, there are Islamic trading accounts available for traders who want to trade in the markets based on Islamic principles.
Trading platform
As a leading financial services provider, HYCM offers its traders advanced trading platforms. HYCM broker prefers the popular MetaTrader 4 platform, but you can always choose the new version of MetaTrader 5.
HYCM also offers a mobile app for traders who prefer to trade anytime, anywhere. HYCM Mobile is available for Apple and Android mobile devices.
Trading instrument
HYCM specializes in providing trading services and offers a wide range of more than 300 different financial instruments for trading Forex currency pairs, metals, energy resources such as oil and gas, commodities, indices, stocks, ETFs and cryptocurrencies.
Minimum deposit
As for the minimum Deposit amount, its size depends on the selected account type. However, it is possible to open an account with a $ 100 Deposit.
Conclusions
HYCM brokerage company has a good reputationIU operates in the financial market and offers professional services to traders in accordance with the requirements of the strictest financial regulators.
We will be happy if you share your impressions about trading with this broker, and novice traders will find real HYCM reviews here.
- The year of Foundation 1977
- Head office address 18 King William Street, London, EC4N 7BP United Kingdom
- Maximum leverage 1:500
- Min. Deposit $100
- Regulation CySEC, FCA
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Neleller
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Neleller
- Number of trading instruments 69
- The number of CFD instruments 270
- The number of metals 8
and also you don’t have to break your piggy bank to be able to trade here. The minimum deposit requirement is only $100.
Which makes this renowned broker even closer to newbies and traders that have limited fundings.
There is a Raw account specifically for scalpers and their high frequency trading styles.
And last but not least there is a possibility to deploy trading robots on a renowned MT platforms. Which are the best for algo trading.
Anyways it’s a solid A+ broker for various purposes.
Of course on such assets like equities or cryptos, leverage is far more limited for a reason we all know.
Another thing about oanda is their customer service won’t respond, benarmstrong-trades. com respond and have good features, that where I can recommend.
HELLO EVERYONE, This is for everyone seeking recovery of stolen crypto coins, recovery of any lost funds to online scams , recovery of cryptocurrency lost to reapers in forex trades and binary options This is for persons seeking to recover all of their lost funds to online scams, contact address--> Morris Gray 830 @ gmail . com for successful recovery and thank me later. I had my blockchain wallet spoofed by merciless scams, due to the ignorance of 2FA authorization, they were able to get away with 5.0147BTC from my wallet , this made me go through Truma and depression as i was desperately in need of help , i made my research online and came across a very credible and reliable recovery agent on the internet with this information Morris Gray 830 @ gmail . com, The hack agent helped me recover all I lost and also revealed the identity of the perpetrators , that's why I'm most appreciative and also sharing their contacts info for anyone in a similar situation seeking to recover funds lost to online scams , contact the recovery specialist at: Morris Gray 830 @ gmail . com or Business Whats app: +1 607 698 0239. Bless you sir Morris Gray....
This broker possesses a lot to offer to traders. For instance, a rather huge leverage contributes to swift deposits boosts. Nevertheless, it's only applicable alongside with a wise risk management strategy.
Indeed, it's better to add some more trading platforms, but it's not critical at all. Both existing ones work perfectly.
Then, you say “a huge min. threshold”. A hundred bucks can hardly be a big threshold. Today many brokers offer such a minimum depo.
Being a scam victim can be depressing, you were given empty promises. They usually stop replying after achieving their aim which hurts even more, i have been there too as I was too ambitious and wanted to get back my lost Btc. I never thought I would be getting back a dime back and already lost hope until I contacted this Verified Recovery expert Morris Gray which was with a leap of faith, as I wasn’t going to go down without a fight. I was able to recover a significant part of my BTC through these recovery experts. Do not brood alone, make a move too. Write to him on email at ( MORRIS GRAY 830 @ GMAIL COM ) or whats app +1 (607) 698-0239 for Quick responds.....
I was a victim of bitcoin scam, I saw a glamorous review showering praises and marketing an investment firm. I reached out to them on what their contracts are, and I invested $70,000, which I was promised to get my first 15% profit in weeks, when it was time to get my profits, I got to know the company was a scam. They kept asking me to invest more and I ran out of patience and requested to have my money back and they refused to answer nor refund my funds. . I heard about Recovery Bureau from a golf partner that used his services already and I decided to reach out to him. After explaining my situation and complaints to him, he was swift and took action and within 28 hours he got back my funds back with the due profit. I urge someone in a similar situation to reach out to Recovery Bureau on their support email: [email protected]. They are reliable, trustworthy, affordable and provides excellent services. They offer other services
Cryptocurrency loan and insurance Private key reset Fixing compromised and locked crypto wallets Files Recovery and so on.
WhatsApp: +1 (352) 870-0844
Regards
To that one person or persons out there who really need a true and efficient hacker i would advise you to contact RecoveryMasters via Email: ([email protected] ) or WhatsApp him on +15-5120-2-23-35 he just offered me top notch services and he is capable of offering hacking services of any sort. P.S. I am only doing this to help others from meeting these fake so-called hackers who soil the good names of powerful and genuine hackers.
Website: https://ultimatehackerjerr.wixsite.com/recoverymasters
I invested 80,750 US dollars with scam broker FXG trade and I have never gotten my money back, i was so desperately in need of help to recover all the money back to me, fortunately I came across a colleague that introduced me to a binary options trade funds recovery expert who goes by the name Mr Philip Austin when i met him i did not believe that he could get back my money because i have been scammed a lot already and didn’t know what to do, but my spirit told me to give it a try and i did, feel free to contact him via his email address.. philipaustin521 (@) gmail.com }. and he will help you to recover all your lost funds that was denied from you by your scam broker.
Are you out of your mind?
First of all, HYCM has a huge list of cryptocurrencies that you can trade.
And as for the trading platform, I can confidently say that MetaTrader is an absolute legend of trading. There is no more popular platform in the world.
WhatsApp him on +84 94 767 1524.
Or Email Jeffsilbert 39 @ gmail. Com