|Regulation||CySEC, FCA, MiFID, DFSA, SFC|
|Headquartered||3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom|
HYCM is online trading division of Henyep Capital Markets, which is a major investment company established in 1977. The company’s headquarters are located in London, United Kingdom. The Henyep Capital Markets activities are regulated by such financial regulators as FCA, MiFID, DFSA and SFC. Besides Forex the company offers trading such financial instruments as energies (oil/gas), metals, commodities, stocks, equities, indices and many more, all the available trading tools can be used from the same trading account.
The broker’s trading platforms are Webtrader, HYRPO and the world’s most popular trading software – MetaTrader4. The trading accounts start from $50 with leverage reaching up to 400:1 and tight spreads on major currency crosses ranging from 0.5 to 2 pips. The spread can be both fixed and variable. Traders can also try the broker’s services using free demo accounts. The usage of expert advisors is allowed, automated trading is possible. Henyep Capital markets broker allows to use “hedging” trading strategy.
HYCM forex customer support team is multilingual and equipped of highly professional personnel always ready to solve any customers’ issues fast and effectively. The depositing and profit withdrawal in Henyep Capital Market forex are fast and available with the usage of a wide range of payment systems, including all the most popular currently.
For the novice traders HYCM offers free educations consisting of trading courses, software tutorials, trading books, learning videos and many more. Professional traders will also find at Hymarkets useful materials to perfect their trading skills.
All the above-mentioned makes the HYCM broker services a complete product offering with all the advantages possible in this sector of global markets. Such unique and universal access to multiple financial markets gives the HYCM forex broker customers a competitive edge to trade all markets and diversify an investment portfolio.
On the company’s profile page at our website you can read HYCM reviews by other traders as well as write your personal HYCM review of your personal experience with the broker. To add a forex review or to answer other traders in this forex broker ratings you need to login to the site. HYCM news and reviews of financial events are also available in our website.
|Address||3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes||5|
|Minimum position size||0.02|
|Pip spread on majors||1.8|
|Spread Type||fixed, variable|
|Standard account, $||100|
|Mini account, $||100|
|Other payment methods|
|Popular payment methods||Credit Card, PayPal, Wire Transfer, WebMoney|
|Account currencies||EUR, USD|
|Other instruments||Oil/Gas, Commodities, Stocks, Indexes|
|Languages||English, Chinese, Russian, Arabic, Indian|
|Regulation||CySEC, FCA, MiFID, DFSA, SFC|
I have stunning and great experience with HYCM! Just over three years of trading currencies, my balance has grown by almost 340% in 2016. For year and a half, I trade only through hycm, six months of which I had traded on paper. Before I used to trade with FX houses like IB, FXCM and others but my scalping strategy has been working stable only on this broker's live account. Unfortunately, there is a profit on all demo accounts of all brokers, but only here on the real, there is a stable growth. I believe it's only due to low commissions and tight spreads, which do not eat up 2-3 pips of each take-profit. So let it be my compliment to the broker for a good job))
My review about hycm will be positive, after a registration procedure (that take a while with docs verification), trading went easy and fast. Customer support helped with mt settings and everything went fine.
Trading on live account for about 8 months so far, trading works great for me, making 220$ a week
Since HYCM is a huge financial group, i would still recommend newbie traders to open the first account here and not in the smaller brokerage companies. Trading with companies like HYCM you get confidence, that money are safe and conditions are transpart enough to trade safely.
Been waiting a few min for customer support manager to answer me, so its not that quick, my question was still solved, so I m quite pleased