Who is HYCM?
HYCM is part of the Henyep Capital Markets Group, an international conglomerate with businesses in financial services, property, education and charity.
The company is founded in 1977, and currently operates with 5 offices in the world’s leading financial centres in UK, Cyprus, Dubai (United Arab Emirates), Kuwait and Hong Kong.
As a brokerage firm, HYCM is regulated and licensed by multiple financial authorities.
HYCM provides online Forex and CFD trading solution for traders from over 140 countries.
From the page below, you can join the broker with 15 global awards of excellence and connect with over 6 million investors.
HYCM Company Information
HCYM is an online Forex and CFD broker founded in 1977.
The broker is licensed by FCA in UK, CySEC in Cyprus, CIMA in Cayman Islands and DIFC in Dubai.
As an international licensed Forex broker, HYCM adheres to the highest standards of compliance at all times.
While HYCM is MiFID compliant and follows stringent EU laws aimed at making financial markets more efficient, the company has qualified compliance officer ensuring compliance with all regulatory responsibilities, the fair treatment of clients and resolution of clients complaints.
To protect clients’ information, HYCM’s website has data encrypted by VeriSign.
Fund Safety with HYCM
HYCM makes sure that all client’s funds are segregated in tier-1 bank accounts.
These segregated accounts are off balance sheet and cannot be used for company purposes.
Traders’ accounts under UK FCA and Cypriot CySEC jurisdictions, can also benefit from FSCS (Financial Services Compensation Scheme) and ICF (Investor Compensation Fund).
These both compensation schemes protect applicable traders in case the company fails to meet its obligation to the clients.
In any cases, there is legal requirement to maintain sufficient capital to cover all client deposits, movements in the firm’s currency positions and company expenses.
Besides all of these regulatory requirements, there is also mandatory external auditor to independently review accounts and client money procedures.
Open HYCM Real or Demo Account
Trading Conditions of HYCM
With HYCM, you can invest in over 100 financial instruments from 5 different asset classes.
The available markets are CFDs for Currencies, Stocks, Indices, Commodities and Cryptocurrencies.
All products are available on MT4 (MetaTrader4) and MT5 (MetaTrader5) trading platforms.
For mobile users, they can download MetaTrader4 and 5 for Android/iOS on smartphone or tablet and trade Forex anytime and anywhere in the world.
The maximum Forex leverage is 1:500.
The minimum ECN raw spread starts from 0.2 pips.
HYCM’s 3 Account Types
For all account types and platforms, HYCM makes sure that the average execution time is always under 12ms (millisecond).
With HYCM, you can choose from the following 3 account types:
- Fixed account type
Fixed spreads from 1.8 pips with no commission./li> - Classic account type
Variable spreads from 1.2 pips with no commission - Raw spread account
ECN raw spread with commission
You can start trading with the above conditions from 100 USD (or equivalent amount in other currencies) of minimum deposit.
To HYCM, you can transfer your investment funds via Bank wire transfer, Neteller, Skrill, VISA and Mastercard with zero fees charged from the broker.
Bonus Promotions of HYCM
HYCM runs various types of bonus promotions.
Their main promotion types include Deposit Bonus and Phone Verification Bonus.
Note that the available promotions and other conditions are different depending on the jurisdiction you are under.
Please visit HYCM Official Website to find out the available bonus promotions and contests.
Check out HYCM’s Bonus Promotions
MT4 (MetaTrader4) for MAC PC
If you’re an Apple Mac user, HYCM provides the MetaTrader4 application.
With the HYCM’s custom-built application for AppleMac, you can enjoy all of the advantages of MetaTrader4 without needing to install additional operating systems.
This means that forex traders can benefir from the market-leading execution speeds available with this technology while also trading directly from their Apple Mac operating systems.
What are the features and benefits of the Apple Mac MetaTrader4 platform?
- The chance to access a complete set of trade orders, with pending orders included.
- The ability to run all expert advisers (EAs)
- Complete range of in-built indicators
- Access to complete analysis functionality and advanced real time charting.
- Execution speeds which are unrivalled in the marketplace.
* CFD Service. Your capital is at risk.
Service Details
| Company | HYCM (Henyep Capital Markets (UK) Limited) |
|---|---|
| Rating Traders Rating | |
| Regulations Regulations & Licenses | |
| Founded Founded in | 1981 (42 years) |
| Max Lev Maximum Leverage | 30:1 *
Disclaimer about leverage:Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence. |
| USA clients | Not Accepted |
| JPN clients | Accepted |
| Country Base | UK |
| Headquaters | 3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom |
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
Funds
| Cryptos Available Crypto-Currencies | |
|---|---|
| Negative Balance | Offer Negative Balance Protection |
| Client Funds Safety | Segregated |
| Deposits Deposit Methods | |
| Withdrawals Withdrawal Methods |
