HYCM
4.6 out of 5
Over 30 years of operational history
Multiple Trading Platforms
Segregated accounts

HYCM - General Information


Rebate Rates

*The Rebates are calculated for one round turn lot (100,000 units) for Currencies, (100 oz) for Gold, (5,000 oz) for Silver, (1,000 bar) for Oil, (100 shares) for Equity CFDs, (one contract) for Equity Index CFDs and (one unit) for Cryptocurrencies.

**FxRebate will not provide rebate services for existing clients.

***HYCM doesn`t accept clients from: Afghanistan, Bahamas, Belgium, Botswana, Cambodia, Canada, Cyprus, France, Ghana, Hong Kong, Iceland, Iraq, Japan, Lao PDR, Mongolia, North Korea, Panama, Sudan, Syria, Turkey, Trinidad and Tobago, Uganda, USA, Vanuatu, Yemen and Zimbabwe.

****For other trading instruments rebate information please contact us at office@fxrebate.eu.

HYCM Overview

HYCM is headquartered in London and is authorized and regulated by the Financial Conduct Authority of the United Kingdom. The Group has over 30 years of operational history and we are the trading platform of choice for investors seeking fast and direct access to the world's capital markets.

This long-standing expertise and commitment to technology and customer service, has enabled us to develop multiple trading platforms to meet our clients' needs. Trade via the industry leading MT4 platform, via the newest MT5 platform or our mobile platforms for the iPhone, iPad and Android devices.

Our complete trading experience is supported by our professional dedicated customer service team who caters to your individual needs and experience levels.


HYCM Details
Company Name Henyep Capital Markets (UK) Limited, HYCM (Europe) Ltd, HYCM Ltd, Henyep Capital Markets (DIFC) Limited
Country United Kingdom
Year Open 2007
Headquarters United Kingdom
Offices Cyprus, Hong Kong, United Arab Emirates, United Kingdom
Employees 200+
License FCA UK 186171, CySEC 259/14, CIMA 1442313, DFSA F000048
Regulatory Authorities FCA UK, CySEC, CIMA KY, DFSA
USA Clients No
Japanese Clients No
European Clients No
Canadian Clients No

Regulatory Authority
Agency Financial Conduct Authority UK
Short Name FCA UK
Country United Kingdom
Min Capitalization GBP 730,000
Government Enforced Segregated Accounts Yes
Description

FCA regulates the financial services industry in the UK.

FCA aims to make sure that financial markets work well so that consumers get a fair deal. This means ensuring that, the financial industry is run with integrity, firms provide consumers with appropriate products and services, and consumers can trust that firms have their best interests at heart.

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Agency Cyprus Securities and Exchange Commission
Short Name CySEC MiFID-STP
Country Cyprus
Min Capitalization 125,000 EUR
Government Enforced Segregated Accounts Yes
Description

The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.

CySEC is to exercise effective supervision to ensure investor protection and the appropriate development of the securities market.

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Agency Cayman Islands Monetary Authority
Short Name CIMA
Country Cayman Islands
Min Capitalization N/A
Government Enforced Segregated Accounts No
Description

To protect and enhance the reputation of the Cayman Islands as an International Financial Centre by fully utilising a team of highly skilled professionals and current technology, to carry out appropriate, effective and efficient supervision and regulation in accordance with relevant international standards and by maintaining a stable currency, including the prudent management of the currency reserve.

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Account Options

Account Types Fixed, Classic, Raw
Min Deposit 100 USD
Max Leverage 30:1 for CySEC and FCA UK regulations, 500:1 for CIMA regulation and 200:1 for Professional clients
Min Trade Size 0.01 Lots
Max Trade Size No limit
Spreads HYCM Spreads
Spread Types Fixed Spread, Variable Spread
FX Pricing Decimals 5
Commission USD 3.20 / round turn lot for HY Raw accounts
Rollover (Swaps) HYCM Rollover (swaps)
VPS (Virtual Private Server) No

Trading Options
Execution Options MM, STP / NDD
Instruments Forex, Metals, Commodity CFDs, Equity CFDs, Equity Index CFDs, Cryptocurrencies
OCO Orders Yes
Trailing Stops Yes
One Click Trading Yes
Scalping Allowed No
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts Yes
Copy Trading No

Platforms Supported

Trading Platforms MT4, MT5, Mobile
Mobile Support MT4/MT5 Android, MT4/MT5 iOS (iPhone/iPad)
Trading API No
Managed Accounts Featured No
MAMM/PAMM Platform Option No
MAMM/PAMM Leaderboard No
Trading Platform Time GMT
Observe DST Change Yes
DST Change Timezone Greenwich Mean Time (GMT)
Non-expiring Demo Yes

Funding Information

Deposit Methods Bank Wire, Credit/ Debit Card, Skrill, Neteller
Withdrawal Methods Bank Wire, Credit/ Debit Card, Skrill, Neteller
Broker to Broker Transfer No
Account Currency USD, EUR, GBP, RUB, AED
Client Funds Bank Barclays Bank, HSBC, China Construction Bank
Interest Bearing Accounts No
Government Enforced Segregated Accounts Yes


Nuno Matias

2022-06-08 10:16:28

1) the very first thing which I'd note - the presence of a strong educational center with tons of possibilities how to build up a strategy concerning education. wanna watch webinars? welcome. wanna read the articles and attend workshops? why not?
2) another details is closely connected with the accounts and spreads exceptionally. fixed account is the best for intraday traders and those ones who don't care about spreads at all. I know there are such traders... Raw and classic are for those who know when to trade in order to save up money on spreads.
3) thirdly... dunno know for real what to state, but I'd also note a work of customer support. guys are awesome and super polite, hope such approach wasn't only for me.

Glumclud

2022-07-06 10:12:43

I've been thinking for a long time about how to describe my trading experience with HYCM. I couldn't decide what I like the most :D
All services are at high level!
I will write about MT4 trading platform. In my opinion, it is very convenient and functional platform. I can apply any trading ideas.

Vicente Abreu

2022-07-20 16:38:54

three types of accounts, but you can't trade with expert advisors on fixed one. but, some traders don't admit EAs.

Caspar Bauer

2022-08-03 12:26:00

Hycm is a very well-known forex broker with decades of history in the industry. Combine this with strong regulations and you will get one of the most reliable brokers on the market right now.
If you work in the financial area, the first thing you should pay attention to is the credibility of the company imo.

Luigi Martini

2022-08-21 17:11:21

classic account is my fav one.
yeah, there is something to strive, I mean raw account, but these days I trade on classic and know no better.

Hudton

2022-09-07 13:58:36

Traders that like safety & reliability really like that HYCM is a great broker, regulated by FCA UK.

Sergio Campos

2022-09-27 15:34:33

The broker generally met my expectations, although it’s hard to imagine the opposite given its experience of working in the industry and a license.

Trading Volume based cashback

Basically in this type, you’ll receive cashback based on your trading volume. Based on this, you’ll generate commission to your provider (broker, exchange, crypto exchange, etc.). Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn money consistently, when you pay commission to your provider.

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HYCM Customer Service

 24-hour support

 Languages: Arabic, Chinese, English, Greek, Italian, Russian, Spanish

 Email, Phone, Live Chat, Call Back Request

HYCM Contact


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