HYCM
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  • Regulation : CySEC, FCA
  • Country : United Kingdom

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Info

Website : hycm.com
Established : 1997
Country : United Kingdom

Advantages

  • Choice of Trading Accounts
  • Several Platforms

Disadvantages

  • Sparse FAQ Section
  • Limited Bonuses
  • No Demo Account

HYCM Features

HYCM Features

HYCM offers a large number of trading assets including Forex and CFDs, metals such as gold and silver, energy products such as U.S. oil and natural gas, as well as the all-important commodities such as cotton and sugar, indices, a selection of blue-chip stocks and more. And unlike most Forex only providers, HYCM enables their clients to trade multiple capital markets in the single integrated account.

HYCM provides access to cutting-edge trading tools used by the world’s largest banks and professional traders, including trading ideas, technical patterns and insights, and market research from Trading Central, an award winning technical analysis research provider founded in 1999 with offices in Paris, London, New York and Hong Kong.

Trading Central is a global authority in FX research with a 14 Year Track Record that reaches out to 30 million traders.

HYCM Company Information

HYCM is a division of Henyep Capital Markets which is a leading capital markets trading firm that has an operational history of 30 years and specializes in foreign exchange and CFDs on commodities, metals, equities, indices, and treasuries. HYCM has offices in major cities on three continents, including in Dubai and Kuwait.

HYCM Account Information

HYCM offers 3 types of accounts based on trading experience--Mini, Standard and Premium. Larger accounts qualify for the VIP Personal Dealer Service which provides cutting-edge service and access to all markets.

The Mini account, which is ideal for traders who are new to the market, requires a minimum deposit of only $100. A deposit of at least $1000 opens a Standard account, suitable for traders with a bit of experience. HYCM clients in the UK and EEA can get leverage up to 1:30 as per ESMA regulations. All other clients can enjoy leverage up to 1:200 when trading with HYCM.

Trading signals are available for Standard and VIP accounts and mobile trading is provided for all three.

An Islamic account is also available for those adhering to Sharia laws where financial interest is forbidden.

We were unable to find any information on the company’s site about a demo account, though we did see reports of it being offered.

Customer Support

Traders can reach customer support 24/5 via email, chat and telephones to London-based phone numbers.

Company Information

  • Broker's Name : HYCM
  • Headquarter : United Kingdom
  • Regulation : CySEC, FCA

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $100
  • Maximum Leverage : 1:500
  • Commissions / Spreads : Spreads
  • Account 1 : Mini
  • Account 2 : Standard
  • Account 3 : VIP
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, Other
    • Platform Languages :
      • English
      • Spanish
      • Arabic
      • Italian
      • Japanese
      • Chinese
      • Russian
    • OS Compatibility :
      • Windows
      • Mobile
      • Web
      • iPhone
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • English
      • Spanish
      • Arabic
      • Italian
      • Chinese
      • Russian
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :

Review info: HYCM
Review Date:
Rating : 1.5
Reviewed By :