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.
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