|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 and the world’s most popular trading software – MetaTrader4. The trading accounts start from $100 with leverage reaching up to 200:1 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 HYCM 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 HYCM 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||0.2-2.8|
|Spread Type||fixed, variable, raw|
|Standard account, $||100|
|Mini account, $||100|
|Popular payment methods||Credit Card, PayPal, Wire Transfer, WebMoney, Bitcoin|
|Account currencies||EUR, USD, GBP, AED, RUB, KWD|
|Other instruments||Oil/Gas, Commodities, Stocks, Indexes, Bitcoin, Ethereum, Litecoin|
|Languages||English, Chinese, Russian, Arabic, Indian|
|Regulation||CySEC, FCA, MiFID, DFSA, SFC|
|Bitcoin Forex Brokers|
In short, HYCM is a broker whose reality meets expectations. Well, if a person, of course, is not a dreamer and does not dream of getting rich in one day. HYCM offers what it does: analytics means analytics, leverage means leverage, flexible conditions means truly flexible. I've been there for three years, moved from a second-tier broker with a bunch of problems and the threat of a bankrupt at any moment. It was just heaven and earth, just everything - from the office and the application to analytics, which is really top in HYCM.
For me best brokers that really follow the standard withdrawals duration are XM, HF, FBS and the Octafx. I traded them for almost 2 years already. Nichol
I started stocks and forex trading for almost 2 years now. Hycm is my latest broker when my I started 200usd account I withdrew my initial profit for a couple of days but when my account increased to 500usd my withdrawal did not credit to my bank account. There support team sent ARN's but still my withdrawal still unserved and the waiting period already lapsed. There adviced is to verify my bank but I used the bank account on my online transactions such as forex and etc. with no encountered problem contrary to the scenario now. I have no choice is to verify my bank personally if have time and I know this is a very tedious to the bank side to verify ARN's. As of now this is my very disgusting experienced hoping this will be resolved asap. Nichol
HYCM is a very good broker. It has long been c trading with them. My deposit is not the smallest, but not the largest. Convenient replenishment / withdrawal. A very wide range of terminals, performance is normal, without glitches and freezes. All that I earn they derive me without question. Fast execution, requote has never caught. Good spread, fast withdrawal. Personally, I am lucky with HYCM, it is very comfortable to work. A normal company that does not create problems for its customers, the main thing is that you yourself understand what to do. With the knowledge and your working strategy, you can work and earn money. Profit withdrawal without problems.
Trading in the last decade as I can see is in fashion, and almost every third trades in one or another company. So I decided to keep up with the trends and also decided to open an account with a forex broker - HYCM. As a result, I have been trading with this broker for several years. With the withdrawal of funds problems have never arisen, everything is very fast and transparent. Customer support can deal with some non-standard situations. Now I am considering opening additional accounts with other brokers. Some competitors have better conditions, now I decide whether I will switch to another broker partly, but in any case I will leave an additional account with HYCM.