HYCM Review | FOREX broker | PIP-ACADEMY

 

1977

200:1

 

100 USD

 

Micro Lot

Bank Transfer,

Credit/Debit Cards

Skrill, Neteller, WebMoney

DFSA

CySEC 

FCA

CIMA

SFC

MT4

MT5

Web Trader

PC/MAC

UK

Hong Kong

Cyprus,

Dubai,

Kuwait

Company

Founded 

Leverage 

Min. Deposit 

Min. Trade 

Spreads 

Pip Academy Rating

Broker Type

Headquarters

Platforms 

Regulators

Deposit/Withdrawal 

Options

51.0/60.0

 

0.2 to 1.8

 

Non Dealing

Desk

 Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone.

Overview 

HYCM (formerly HY Markets) is a large, reputable and multi-regulated forex broker that has been operating since 1977, offering trading more than 100 financial instruments: wide range of currency pairs, various CFDs on indices, commodities, stocks and precious metals, available on MT4 and its proprietary web platform. HYCM is part of the Henyep Group, a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide.

In 1998 Henyep Group obtained license from Financial Conduct Authority (FCA) of UK, Besides the company is regulated by the Dubai Financial Services Authority (DFSA), and since 2004, Henyep Securities Ltd has been regulated by the Securities Futures Commission (SFC) of Hong Kong.

In 2014 HYCM (Europe) obtained its license from Cyprus Securities and Exchange Commission (CySEC), and its latest licence was obtained in 2018 from Monetary, Regulatory and Advisory Body of the Cayman Islands (CIMA).

Set up 35 years ago, the Henyep Group is a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide. It operates out of its offices in London, Dubai, Hong Kong, Kuwait and Cyprus.

Account Types

 

HYCM, offers three different types of trading accounts, Fixed, Classic, and Raw with flexible trading conditions and leverage

up to 200:1. 

Other Details

Pip Academy Rating

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Monthly Return
Winning Rate

8.9%

98%

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Risk Warning: : Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Hong Kong

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