HYCM review
Regulation, trading conditions, fees, platforms and user experiences
Also known as Henyep Capital Markets
- Editorial score
- 8.0/10How we scored HYCM
- User rating
- No user ratings yet
- Regulatory status
- FCADFSA (DIFC)
- Country
- United Kingdom
- Established
- Established 1977
- Website
- hycm.com
HYCM may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
HYCM is a forex and CFD broker associated with United Kingdom. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
HYCM is workable, with clear compromises. Regulated by FCA (186171); DFSA (F000048), offering HYCM Trader, MetaTrader 4, MetaTrader 5, WebTrader. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
HYCM at a glance
- Broker name
- HYCM
- Established
- 1977
- Headquarters
- London, United Kingdom
- Legal entities
- HYCM Capital Markets (UK) Limited
- Regulatory status
- Regulated
- Minimum deposit
- $20
- Maximum leverage
- 1:500
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform
- Markets offered
- Forex, Commodities, Indices, Shares, Cryptocurrency CFDs
- Account types
- Fixed, Classic, Raw, Islamic/Swap-Free, Professional, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, 24/5
- Official website
- hycm.com
Our view of HYCM
HYCM stands out for an FCA licence, 49 years of operating history, raw spreads from 0.1 pips and a low minimum deposit of $20. The main issues to consider are an inactivity fee. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
Who HYCM may suit
HYCM may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, a small first deposit and automated strategies.
Who should consider alternatives
Consider alternatives if you require copy trading, stronger regulatory protection or account terms that are not available through your local entity.
What stands out
- Long-established broker, strong regulation
What to consider
- High spreads on some accounts
What traders report about HYCM
There are not enough eligible ratings to publish an aggregate user rating for HYCM.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
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How HYCM scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
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