- HYCM – Over 40 Years’ Group Experience
- Regulated and Licensed by FCA, CySEC, DFSA and CIMA
- 1:400 Leverage with Negative Balance Protection
- Over 100 financial markets in one trading account
- Low Trading and Zero Cost of Funding
- Variety of Bonus Promotions
- HYCM 10% Welcome Bonus
- HYCM $20 Mobile Verification Bonus
HYCM – Over 40 Years’ Group Experience
HYCM is an online Forex and CFD broker.
The HYCM is a part of the Henyep Capital Markets Group, an international conglomerate with businesses in financial services, property, education and charity, which has over 40 years of group experience.
HYCM has been providing trading services since 1977, and knows the needs of investors.
The broker is now represented globally in the United Kingdom, Hong Kong, Cyprus and Dubai.
Clients of HYCM can rest assured they are trading with a solid and secure company that excels in delivering one of the best overall trading solutions in the industry.
Regulated and Licensed by FCA, CySEC, DFSA and CIMA
HYCM is regulated by world-renowned financial regulators which are FCA in UK, CySEC in Cyprus DFSA in Dubai and CIMA in Cayman Islands.
Each entity provides the service suited for each jurisdiction, while following the strict laws and directives of financial authorities.
HYCM also makes sure that all clients’ funds are segregated in Tier-1 bank accounts, and completely separated from the company’s operations.
Safe and secure trading environment is provided by HYCM.
1:400 Leverage with Negative Balance Protection
HYCM offers high leverage is 1:400, which is able to increase your trading volume by 400 times.
With the high leverage, for instance, you can place US $40,000 worth of orders within Forex market while having only US $100 in your trading account.
It’s not only risk as HYCM also supports NBP (Negative Balance Protection) for all accounts.
NBP makes sure that you never lose more than you deposit, as in your maximum loss is limited to the total deposit amount.
Over 100 financial markets in one trading account
HYCM continues to expand the range of markets.
BY opening one trading account with HYCM, you can invest in more than 100 financial products from 5 asset classes.
The available markets include Forex, Stocks, Indices, Commodities and Cryptocurrency.
With HYCM, you are provided with the limitless trading opportunities.
Low Trading and Zero Cost of Funding
When you signup for HYCM, you can choose from Fixed spread, Classic Floating spread and Raw spread types, or all of them if you want.
The minimum spread is 0.2 pips for the “Raw Spread account type”, which is about only US $2 per every US $100,000 of transaction.
While benefiting from the low cost trading, HYCM makes sure that your orders are executed in 12 ms average.
HYCM does not charge any fees for fund deposits of its clients.
Variety of Bonus Promotions
HYCM runs multiple bonus promotions exclusively to its clients.
Some of their main promotions include deposit bonus and mobile verification bonus.
These bonuses are intended to support investors with extra margin.
Are you looking to start trading with HYCM with over 40 years of group experience?
Check out the promotions below and how to get them today.
1. HYCM 10% Welcome Bonus
HYCM traders are eligible for a 10% Welcome Bonus, up to $5,000.
The Bonus Amount will be credited to your account right after you make a successful minimum deposit of $100.
How to get the Deposit Bonus?
The first deposit bonus is offered to all new HYCM clients making their first deposit following account approval using an authorized payment method.
Follow the simple 3 steps below, and Get yourself a Bonus today!
- Open an account with HYCM
- Verify your account with documents (ID and Proof of Address)
- Make a deposit of over $100
The maximum bonus awarded under this promotion is US$5,000.
HYCM’s Terms of Business stipulates that for every US$1,000 bonus awarded, the client will be required to trade 30 standard lots within 60 days, otherwise HYCM reserves the right to reverse the bonus given to clients.
If customers make a withdrawal during the period, whether its deposited funds or trading profits, then the trading credit will be reduced in strict proportion to the basis on which it was originally credited.
The formula for this is as follows:
Ratio = Total Withdrawals/Total Deposits
Credits removed = ratio x total credits
For example: a client deposits $1000 and receives a deposit bonus of $250.
A week later a withdrawal of $400 is made. The ratio is $400 / $1000 = 0.4.
Therefore, 0.4 X $250 = $100 shall be removed from the credit.
2. HYCM $20 Mobile Verification Bonus
HYCM has another exclusive offer for new traders.
The current offer is $20, which is given away to traders who verify the mobile number and deposit $100.
The verification bonus is available to all new customers who verify their phone number by entering a code received by SMS.
To get the Bonus, please follow the easy 3 steps below.
The account opening process may take only a few minutes to complete.
3, Validate your mobile number and get $20
Just type your number and send the SMS code to your phone.
4, Deposit $100
After the verification and the Deposit is completed, you are eligible to receive the $20 to your MT4 account.
The bonus is credited when the account approval process has been successfully completed.
Once the bonus has been credited to your account it can be used for trading purposes.