HYCM Review | FOREX broker | PIP-ACADEMY
Last Updated 

Founded

1977

Leverage

200:1

Min. Deposit

100 USD

Min. Trade

1 Micro Lot

Spreads

From 0.2 to 1.8 pip on major pairs

(Fixed/Variable)

Broker Type

Non Dealing

Desk

Headquarters

UK, Hong Kong,

Cyprus, Dubai,

Kuwait

Platforms 

MT4 , MT5

Web Trader

(PC/MAC)

Regulators

DFSA

CySEC ,FCA

CIMA, SFC

Deposit/Withdrawal

Options

Bank Transfer,

Debit/Credit Cards,

Skrill, Neteller,,

WebMoney,

HYCM Score

3.8

Total Score

1

No. of complaints submitted

Customer Service

Regulation and Credibility

Tools & Platform

Trading Condition 

Fees & Comissions

Low Trading Fee

Multi-Regulated

40 Years Presence in The Industry

Negative Balance Protection

25% Deposit Bonus

Poor Customer Support

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

Start trading with a reliable and regulated broker

Experience Supreme and Fair Trading Condition!

TRADING MADE EASY

JOIN PIP ACADEMY AUTOMATED TRADING PLAN & TRADE LIKE A HEDGE FUND

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.

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