Founded
1977
Leverage
200:1
Min. Deposit
100 USD
Min. Trade
1 Micro Lot
Spreads
From 0.2 to 1.8 pip on major pairs
(Fixed/Variable)
Customer Service
Regulation and Credibility
Tools & Platform
Trading Condition
Fees & Comissions
Low Trading Fee
Multi-Regulated
40 Years Presence in The Industry
Negative Balance Protection
25% Deposit Bonus
Poor Customer Support
Overview
HYCM (formerly HY Markets) is a large, reputable and multi-regulated forex broker that has been operating since 1977, offering trading more than 100 financial instruments: wide range of currency pairs, various CFDs on indices, commodities, stocks and precious metals, available on MT4 and its proprietary web platform. HYCM is part of the Henyep Group, a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide.
In 1998 Henyep Group obtained license from Financial Conduct Authority (FCA) of UK, Besides the company is regulated by the Dubai Financial Services Authority (DFSA), and since 2004, Henyep Securities Ltd has been regulated by the Securities Futures Commission (SFC) of Hong Kong.
In 2014 HYCM (Europe) obtained its license from Cyprus Securities and Exchange Commission (CySEC), and its latest licence was obtained in 2018 from Monetary, Regulatory and Advisory Body of the Cayman Islands (CIMA).
Set up 35 years ago, the Henyep Group is a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide. It operates out of its offices in London, Dubai, Hong Kong, Kuwait and Cyprus.
Account Types
HYCM, offers three different types of trading accounts, Fixed, Classic, and Raw with flexible trading conditions and leverage
up to 200:1.
Other Details
