HYCM Dealer Review (2020)

HYCM Brokers Logo

HYCM is a world CFD Foreign exchange Forex Broker that’s licensed and controlled in some nations.

Owned by Henyep Capital Markets (UK) Restricted, their fundamental workplace is positioned at: 28 Throgmorton Road, third Flooring, London EC2N 2AN, United Kingdom. Their telephone quantity is +44 208 816 7812, and phone electronic mail deal with is [email protected]. Official Web site is: https://www.hycm.com.

HYCM Assessment

Buyers with HYCM have a terrific choice of Foreign currency trading platforms to make use of. They provide merchants the MT4 & MT5 buying and selling software program, in addition to HYCM cell which is out there for each iOS and Android. You can too select make the most of the brand new PrimeTrader platform, which affords a number of property and superior charting.

Leverage ranges from 50:1 to 400:1 relying on the foreign money pair. If you’re new to Foreign currency trading, please watch out when utilizing leverage as it is rather dangerous. In addition to foreign money buying and selling, HYCM has quite a lot of CFD’s obtainable to commerce throughout a number of asset courses. They’ve over 100 property obtainable in Foreign exchange, Crypto, Oil, Metals, Commodities, Market Indexes and Shares.

Buying and selling indicators can be found to all shoppers through a partnership they’ve with Professional Day by day. If you’ll be utilizing the MetaTrader platform, you could find quite a lot of free buying and selling indicators add-ons on the MetaTrader web site.

Customary accounts require a $200 minimal deposit, which is cheap, or you can begin with a Fastened Unfold account with solely $100, see right here.

HYCM Broker Account Types

HYCM Licenses & Laws

This will likely appear apparent to many individuals, nevertheless there are nonetheless many unlicensed Foreign exchange scams on-line. When reviewing your Foreign exchange Forex Broker, it is rather necessary to confirm that they’re licensed and controlled by the monetary regulatory company in your nation.

  • HYCM is licensed and controlled by the FCA in the UK. Henyep Capital Markets (UK) Restricted’s license quantity is 186171. The protection of your funds are of paramount significance, and that’s the reason buyers use a Forex Broker that’s a part of the FCA’s FSCS scheme which protects you for as much as £50,000.
  • European buyers are lined by HYCM (Europe) Ltd, which is regulated by CySEC Cyprus, with license quantity 259/14.
  • Henyep Capital Markets (DIFC) Restricted is regulated by DFSA (Dubai Monetary Companies Authority) with license quantity F000048.
  • HYCM Ltd is licensed by the Cayman Islands Financial Authority, quantity 1442313.
  • HYCM Restricted based mostly in Saint Vincent and the Grenadines, shouldn’t be a regulated Forex Broker.

For withdrawal issues or Forex Broker complaints learn this.

Open Account HYCM

Evaluate Foreign exchange Brokers

You could find an inventory of all of the Foreign exchange & CFD Forex Broker opinions right here.

ForTrade is the quickest rising CFD Forex Broker in 2019. They’re a legit Forex Broker that’s licensed in Australia and England, see right here.

Register a Free Demo Account, on their superior buying and selling platform, signup right here.


The Best Forex Brokers

Present shoppers of this Forex Broker are requested to share their expertise within the feedback part beneath.