In this HYCM review, you will learn the broker’s trading conditions and rating.
HYCM is a forex and CFD broker that has been operating since 1977. It’is a veteran of the industry and is trusted by a huge number of traders around the world. The broker is licensed by several highly trusted regulators and has no problems in terms of reliability and security.
In the review, it is strange to find that the broker doesn’t have its own trading platform.
It provides services only on MT4 and MT5 platforms and corresponding mobile apps. It also lags far behind competitors in terms of spreads and trading commissions.
HYCM Total Score
Reliability & Safety
Trading platforms & Tools
Trading offers
Spreads & Commissions
Mobile app
Deposit & Withdrawal
Research & Education
Reviewer 3.4 / 5
Users (0 votes) {{ reviewsOverall }} / 5
The total score may change after a detailed review of HYCM.
| Official site | https://hycm.com |
| Year of foundation | 1977 |
| Regulated by | CySEC, FCA, DFSA, CIMA, SVGFSA |
| Trading instruments | CFDs on forex (69), indices (28), commodities (17), stocks (149), ETFs (19), cryptocurrencies (54) |
| Spreads and commissions | Average / below average floating spreads EUR/USD – from 1.4 pips / 0.2 pips + $8/lot GBP/USD – from 1.8 pips / 0.8 pips + $8/lot Gold – from 40 pips Oil – from 4 pips FTSE 100 – from 150 pips |
| Most popular | HYCM in Malaysia, UAE, Cyprus, Iran, Canada, South Africa, Vietnam, UK, Germany, India |
| Provision of services in the US, UK, Canada, European Economic Area | US European Economic Area, Canada, UK |
| Min. trade size | 0.01 |
| Leverage | Up to 1:500 |
| Account types | Fixed, Classic, Raw |
| Minimum deposit | $ 100 |
| Minimum withdrawal | |
| Deposit & withdrawal methods | 5+ |
| Payment Fees | |
| Trading hours | 24/5 24/7 (For crypto) |
| Trading platforms | MT4, MT5 |
| Mobile App | |
| Demo | |
| Copy Trading | |
| PAMM | |
| AT/Robots | |
| Bonus | |
| Affiliate program | hyaffiliates.com |
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