9.7/10
(89 qualified reviews)
US Traders
  • Islamic accounts available
  • Company Henyep Capital Markets (UK) Limited, HYCM (Europe) Ltd, HYCM Ltd, Henyep Capital Markets (DIFC) Limi
  • Founded in 1977
  • Online since 1999
  • Offices in
    • Hong Kong
    • United Arab Emirates
    • United Kingdom
  • Payment options
    Show payment options Hide payment options
  • Demo platforms
    • MetaTrader 4
    • MetaTrader 5
  • Account currencies
    • Canadian dollar
    • Euro
    • Great Britain pound
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • Cayman Islands Monetary Authority, 1442313
    • CySEC, 259/14
    • DFSA (Dubai), 000048
    • FCA (UK), 186171
    • FSA (St. Vincent & the Grenadines), 25228
  • Website available in
    • Arabic
    • Chinese
    • Russian
  • Support available in
    • Arabic
    • Chinese
    • English
  • Support methods
    • Callback
    • Email
    • Live chat
    • Phone
  • Trading server time zone GMT
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 1.5
  • Expert advisors Forbidden
  • Trading instruments
    • Forex1:325
    • Stocks1:14
    • Indexes1:89
    • Soft commodities1:75
    • Metals1:205
    • Energies1:226
    • Cryptocurrencies1:20
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Number of currency pairs 22
  • History
    Show history Hide history
  • Hedging
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
  • Minimum account size $100
  • Minimum position size 0.1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 1.2
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:325
    • Stocks1:14
    • Indexes1:89
    • Soft commodities1:75
    • Metals1:205
    • Energies1:226
    • Cryptocurrencies1:20
  • Trading platforms
    • MetaTrader 4
    • MetaTrader 5
  • Digits after dot 4
  • Number of currency pairs 22
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Trailing stop
  • Pending orders
  • One-Cancels-Other (OCO) orders
  • One-click trading
  • Browser-based platform
  • Minimum account size $200
  • Minimum position size 0.1 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 0.2
  • Commission (one-way) per 1 std. lot $4
  • Scalping Allowed
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:100
    • Cryptocurrencies1:20
  • Trading platforms
    • MetaTrader 5
    • Currenex Classic
  • Digits after dot 4 or 5
  • Number of currency pairs 30
  • History
    Show history Hide history

HYCM Reviews

130 reviews of HYCM are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Austria.

I like the choice of financial instruments that this broker offers its customers. Thanks to it, I can trade the most current assets on HYCM platform. I believe that experienced traders know what I'm talking about and understand importance of this feature.

, Croatia.

Let me tell you right away, I really like my broker HYCM. It is because this company offers only high quality services to its customers:

- Excellent trading platform

- Balanced trading conditions and several account options

- Convenient ways to deposit and withdraw money.

Each of these services helps me to feel comfortable in trading. I'm not wasting my time on any nonsense, and I'm fully engaged in trading.

, Italy.

How can you describe HYCM broker? I would say that it’s a very, very reliable forex company with a simply good trading environment.

Because HYCM is a seasoned veteran of the forex stage. But no trading conditions stand out from the crowd of decent brokers.

, Malaysia.

This company is definitely top of the list of the most reliable brokers out there. Decades of experiences plus respectability regulation are a ultimate combo about traders that valuing safety of funds.

, India.

The broker doesn’t belong to the group of scam companies, but its regulators decrease leverage too much.

, India.

I opened a Raw account here. I didn’t hesitate for a long time cuz I knew what I needed. Tight spreads are important for me. I made enough trades for a week to assess how it all works. I mean execution, withdrawals, and everything that makes any broker trustworthy or not. Fortunately, everything’s fine. However, I need to deposit a bit more to try my new strategy. I hope it will work as I expect.

, Indonesia.

If you have sporting blood and feel adventurous, HYCM is definitely a must-try. A safe safe environment to trade many instruments and try high levels of leverage with 3 account types to choose from.

, Italy.

fixed rules the trading world definitely!!!

point at those ones who prefer floating spread instead of fixed ones, I gotta laugh into their faces.

if serious then conditions on all accounts are attractive here.

, Hungary.

I, just recently, have come to understand that If the broker cannot supply further financial services due to unforeseen circumstances, hycm will compensate its clients. Hycm clients are protected by the Financial Services Compensation Scheme and the Investors Compensation Fund. It's just like a bank. I always have my money safe.

, Germany.

The change in my approach to trading coincided with the registration with this broker. Earlier I was used to trading chaotically. Well, it gave different results, but quite unsteady in general. When I enjoyed a period of profitable trades, I felt happy and even thought that I could trade professionally. Once my fortune had no mercy, I often lost everything.

I timely noticed what I was doing wrong and made a huge effort to trade the way I traded. I became more cautious and my new trading style suggested the use of an ECN account. I opened a Raw account (it’s an ECN indeed) and now I’m gradually improving the situation.

, Malaysia.

I believe that trading conditions offered by HYCM should not be compared with other brokers.

The fact is that very few companies have same experience in providing brokerage services. So I am sure that HYCM trading conditions are balanced. For example, leverage size. HYCM offers optimal size to make good profit without too much risk for margin.

All this makes HYCM broker reliable assistant for trading on financial markets.

, India.

interesting broker. never saw fixed account from other broker, as a rule, other offer only accs with high spreads, but they are floating.

, India.

Know that this broker offers an opportunity to trade on a VIP account but it's only for those ones who trade huge volumes.

Yeah, it's cool. There is something to strive for. I like it. Sometimes I am lack of motivation, but this thing makes me trade and trade as much as I can. However, it was tough for me to find information about it...

, Italy.

So nice hycm has Metatrader 5 trading platform. Planned to try it and it coincided with decision of opening an account, nice!

, Indonesia.

Excellent trading platform choice! I can trade on my computer or smartphone!

Visit HYCM website

Submit your review

To submit your own Forex Broker review for HYCM fill the form below. Your review will be checked by a moderator and published on this page.

By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties.Make sure that you are entering a valid email address. A confirmation link will be sent to this email. Reviews posted from a disposable e-mail address (e.g. example@mailinator.com) will not be published. Please submit your normal e-mail address that can be used to contact you.

Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.

Required
Required (will not be published)
Only first and last digit will be published
Impression about company
Image Code (5 characters)

© 2005–2022

EarnForex.com

Design — Mart Studio

Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.