|Rating||HYCM does not participate in the Forex Rating|
|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.
HYCM Trading Information 2021
|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|
|ECN, $||100 (RAW Account)|
|Standard account, $||100|
|Mini account, $||100|
|Popular payment methods||Credit Card, PayPal, Wire Transfer, WebMoney, Bitcoin|
|Account currencies||EUR, USD, GBP, AED, RUB, KWD|
|Available assets||Oil/Gas, Commodities, Stocks, Indexes, Bitcoin, Ethereum, Litecoin|
|Languages||English, Chinese, Russian, Arabic, Indian|
|Regulation||CySEC, FCA, MiFID, DFSA, SFC|
HYCM Reviews and Comments
I consider HYCM as one of the biggest forex scammers. Please if you are planning to trade with them don’t do it. I made profits they refused to send my money instead they sent me some fictitious wire prove. I sent the information to my bank I was told by my bank that such wire information doesn’t exist. They are owing me more than $6000. Right now they are not picking my calls nor reply my mails. I have sent them my bank officers name, phone numbers and email. I have sent them my account statement to prove such money never made it to my account.
Nicholas 15 Jun 2020 Reply
I made an account with HYCM and realized it wasn’t the platform for me. I didn’t make a single purchase and put in a request to withdraw my funds of $2,000 CAD. I have been waiting to have my money returned to me since February 28th. I have sent countless emails and received very little communication. This company is a complete scam and to not refund someone’s money, is completely unethical.
Ashley 19 Mar 2020 Reply
Why do they have that many regulations? Isn’t just one good one enough? Why didn’t nthey stop with CySEC or Britiish regulator. Finally, are all these licenses that they post on their official website real?
Pascal 12 Feb 2020 Reply
HYCM’s competence leaves no doubt, this is after the second time I withdraw profit. before that I had some doubts, despite the fact that there was positive feedback about the broker, it still didn’t help me to cope with anxiety caused by the fear of losing my investment and earnings.
Nicholas 7 Oct 2019 Reply
Award-Winning NDD Execution
All client trades are executed with No Dealing Desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.
I’ve never regretted that I chose HYCM, I was always pleased with the profit, for several years of trading I managed to set a personal record and if I add up all my withdrawals, it turns out that I brought out several of my deposits. sensible guys work here, I’m talking about tech support. Appealed more than once, all like clockwork, issues were resolved instantly and professionally. Well done!
Julius 1 Oct 2019 Reply
Most traders lose their deposit due to hastily opened transactions, the reason for which is impatience, because the most difficult thing is to wait for an obvious signal to open a position. At the beginning of my path as a trader, I came across this problem every time I opened a terminal. It is this impatience that can drain your deposit, so do not do it. From the broker, in fact, not much is needed to trade, the rest is up to the trader. The most important thing is that if the execution is perfect, as in HYCM, then there is no reason to worry at all. I have been trading for a long time, so I can’t say that the rush here is generally inappropriate. For example, this month I close with a profit of 22% of my deposit. And how much I like that the broker withdraws even more than $1000 easily and in future trading the broker will not spoil your life, it is very honorable.
Daniel 25 Sep 2019 Reply
For the year that I’ve been tradung with the company, very big changes did not happen. Someone says that the company is not developing, but I do not agree. The company still keeps the brand and I really like it. The ability to look worthy against the background of competitors, and there are a lot of them in this area and the most different with different offers, you need to be able to. It’s not even easy to be able to, but to work all the time on service, quality, and problems. This is development. Maybe they don’t work so hard on the advertising company, but everything about the service – they have a solid 10 out of 10.
Andrea 17 Sep 2019 Reply
Hello! I want to leave a review about HYCM! Well, this broker, of course, did not conquer me right away, some time passed and I began to notice the clarity of execution, although slippage and requotes are also present, but the execution is really high-quality, fast and uninterrupted. Then, after a while, he began to output a little bit. First, a hundred, then a few hundred, and there thousands have already gone and with different intervals I withdraw, but always the money comes clearly on time. And now the question is: what else does a trader need for comfortable trading? Personally, I would also put emphasis on the service, which is at a good level in HYCM, but my friends, traders believe that high-quality execution and withdrawal guarantees are quite enough for a good and comfortable trading. Everything else depends on the trader and on his desire to learn and work. And that also makes sense.
xLnt 2 Sep 2019 Reply
I’ve been choosing a broker for quite long time. As a result, I chose HYCM. I liked the conditions that they provide – an easy-to-understand trading agreement, a trading terminal that does not hang and there is also no fee for withdrawing funds, a wide range of trading tools. I like trading commodities and stocks. Already brought a profit of $ 560 dollars and this is for 1 month of work. Now I am confident that the time I spent searching for a good forex brokerage company was not in vain.
Archie 7 Aug 2019 Reply
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.
Vally 15 Jul 2019 Reply
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