HYCM (hycm.com )

HYCM

HYCM(Henyep Capital Markets) is an Online FX & CFD broker.

Its Group company’s foundation goes way back to 1977, and currently the operation is based in UK and Cyprus.

HYCM is licensed by UK’s Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC).
☆HYCM’s traders are protected by compensation scheme. £50,000 per customer by UK FSCS & €20,000 per customer by Cyprus ICF.

Now the broker has international offices in London, Hong Kong and Cyprus.

Trading Info

With HYCM, you can trade Forex, Metals, Indices, Oil, Gas, Commodities and Stocks through MT4 trading platform.

The maximum Leverage is 1:400, and NBP is fully supported.
☆NBP(Negative Balance Protection) protects traders from exceeded loss(minus balance) for traders.

The broker model is “Market Maker” with “Instant Execution“.

The minimum spread starts from 1.5 pip, which is about $15 of trading cost per 1 lot(100,000 units) of trading.

HYCM offers free trading tools such as News, Calendar, Market Outlook & Analysis for traders to follow the market.

*HYCM does not provide service to residents in Iraq, Iran, North Korean, Turkey, Yemen or Syria.

Service Details

Service Details
CompanyHYCM
(Henyep Capital Markets (UK) Limited)
Website hycm.com
Regulation
Founded in1981 (36 years)
Offered Instruments
Business Model
Max Leverage400:1
USA clients Not Accepted
JPN clients Accepted
Country BaseUK
Headquaters 3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom
Supported Platforms

Deposits & Withdrawals

Deposits & Withdrawals
Base Currency Options
Available Crypto-Currencies
Deposit Methods
Withdrawal Methods

Support desk

Support desk
Phone number+44 208 816 7812
Service Hour24/5
Phone Support Available
Live Chat Available
Callback Available
Japanese Support Not Available
Telephone Order Available

Trading Accounts (3 accounts)

Here are the details of all Forex trading accounts of HYCM.

TitleVIPStandardMicro
Account TypeForexForexForex
Trading PlatformMetaTrader 4 (MT4)MetaTrader 4 (MT4)MetaTrader 4 (MT4)
Minimum Deposit$10,000$1,000$100
Accout Currency
Execution TypeMM
(Instant)
MM
(Instant)
MM
(Instant)
Leverage400:1400:1400:1
Spread TypeFixedFixedFixed
Minimum Spreadfrom 1.5 pipsfrom 1.8 pipsfrom 2.0 pips
Trading CommissionN/AN/AN/A
Minimum Trading Lots0.010.010.01
Maximum Trading Lots303030
Decimal Pricing555
Margin Call %100%100%100%
Stop Out %30%20%20%
EA (Automated Trading)AllowedAllowedAllowed
ScalpingAllowedAllowedAllowed
HedgingAllowedAllowedAllowed
News TimeAllowedAllowedAllowed
PAMM/MAMN/AN/AN/A
Islamic (Swap Free)OptionalOptionalOptional
Interest on MarginNoneNoneNone

Free 123 USD

30 USD for Free

25 USD for Free

300 USD for Free

100 USD for Free

30 USD for Free

Partner brands

Hercules