HYCM Review 2024

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Founded 1977
Regulation CySEC, FCA, MiFID, DFSA, SFC
Standard account $100
Leverage 1:200
Spread 0.2-2.8

HYCM General Information

Established in the financial heart of London, HYCM stands as the online trading arm of the renowned Henyep Capital Markets, a prestigious investment entity founded in 1977. With a solid legacy that spans over four decades, Henyep Capital Markets is not just a name in the industry, but a testament to enduring success and trustworthiness. The company's operations adhere to stringent regulations enforced by esteemed financial watchdogs, including the FCA, MiFID, DFSA, and SFC.

While HYCM is deeply rooted in Forex trading, it offers a broad spectrum of financial instruments for traders to explore.

From energies like oil and gas to metals, commodities, stocks, equities, and indices – the gamut is vast and diversified. What's remarkable is the ability for traders to delve into these avenues using a singular trading account, making portfolio diversification seamless.

Cutting-Edge Trading Platforms and Features

Embracing innovation, HYCM offers its traders the choice of Webtrader and the globally acclaimed MetaTrader4 software. Entry barriers are set low, allowing individuals to begin their trading journey with accounts starting from just $100. They can also harness leverage of up to 200:1. In the volatile world of currency trading, HYCM ensures that spreads on major currency pairs remain competitive, ranging from 0.5 to 2 pips. Whether one prefers a fixed or variable spread, HYCM provides both.

Newcomers to the trading landscape can acquaint themselves with the HYCM environment using free demo accounts, while seasoned traders can capitalize on automated trading and expert advisor tools. Notably, the "hedging" trading strategy is also endorsed.

Decades of Trust and Excellence

At the core of HYCM lies a value deeply ingrained - Heritage. Four decades of experience in financial markets have fortified its stature as a trusted, transparent Forex broker, catering to both institutional and retail clientele worldwide. Beyond its technical offerings, the human element at HYCM is just as compelling. The multilingual customer support team, composed of seasoned professionals, is always on standby to address client concerns efficiently. Processes, be it depositing or profit withdrawal, are swift, supported by an extensive array of popular payment systems.

Empowering Traders: From Novices to Experts

Understanding the learning curve associated with trading, HYCM provides a rich repository of educational resources. Novice traders can benefit from an assortment of courses, software walkthroughs, reading materials, and instructional videos. Meanwhile, veterans in the trading world will find advanced materials to refine their strategies further.

All these facets culminate in making HYCM a holistic service provider in the global markets. Its unique, widespread access to diverse financial markets grants its clientele a definitive advantage, enabling them to trade comprehensively and enhance their investment portfolios.

Your Feedback Matters

Our community thrives on shared experiences. On our website's company profile page, traders can peruse reviews about HYCM penned by their peers. If you've collaborated with HYCM, we invite you to share your journey and insights. Moreover, our platform hosts the latest HYCM news and reviews, ensuring you stay abreast of market dynamics.

Your Assurance: Regulated and Reputable

Prioritizing client protection, HYCM operates under the vigilant eyes of multiple regulatory bodies: the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Dubai Financial Services Authority (DFSA), and the Cayman Islands Monetary Authority (CIMA). Four decades deep and offering a diverse suite of products and services, HYCM promises a trading experience that's nothing short of first-class.

Reasons to Partner with HYCM: A Trusted Name in Trading

  • A Legacy Spanning Four Decades: Established in 1977, HYCM brings to the table an impressive cumulative experience of 40 years. Such longevity in the ever-evolving world of finance is a testament to its commitment, adaptability, and expertise.
  • Two Decades of UK Regulation: HYCM has steadfastly upheld the stringent standards of UK regulations since 1998. Being regulated for over 20 years in one of the world's primary financial hubs reinforces its dedication to transparency, integrity, and client security.
  • High-Efficiency Order Processing: With the capability to process an astounding 25,000 orders every day, HYCM ensures swift and efficient trade execution. This dynamism is pivotal for traders in an environment where even milliseconds matter.
  • Dedicated Customer Support: HYCM believes in not just providing a service but fostering relationships. Their 24/5 customer support ensures that clients have uninterrupted assistance. Moreover, every trader is paired with a personal account manager, ensuring individualized attention and customized solutions.

Choosing HYCM is choosing a partner that merges vast experience with dedicated service, making it a preferred choice for traders worldwide.

The HYCM Advantage: A Comprehensive Guide to Its Strengths

  • A Pillar of Trust and Expertise: With a legacy that spans over four decades, HYCM's 40-year journey in the industry has cemented its position as a reliable and experienced trading partner. Such longevity underscores the company's adaptability and resilience in the ever-evolving world of finance.
  • Premium Trading Environment: Traders collaborating with HYCM are introduced to optimal trading conditions. These conditions are meticulously curated to provide the best experience and to streamline their trading ventures.
  • Seamless Liquidity: A seamless liquidity ensures that traders can enter and exit positions without any hassle. HYCM guarantees this ease, making trade operations smooth and efficient.
  • Rapid Order Execution: In a dynamic market, speed is of the essence. HYCM acknowledges this by ensuring swift execution of orders, a feature especially crucial for day traders and those who engage in high-frequency trading.
  • Diverse Trading Options: With a vast range of over 300 trading instruments, HYCM ensures that traders have ample choices, catering to both traditionalists and those looking for unique instruments.
  • Tailored Investment Schemes: HYCM offers five distinct types of investments, allowing traders to choose or diversify based on their financial strategies and risk appetites.
  • Competitive Spreads: Starting from as low as 0.1 pips, HYCM's competitive spreads ensure that traders can capitalize on even the slightest market movements.
  • Global Customer Support: The world of trading knows no boundaries, and neither does HYCM's support. Their multilingual customer service, available in 14 languages, ensures that traders from all over the globe feel right at home.
  • Multi-platform Support: In an era of digital communication, HYCM keeps itself accessible across popular platforms such as Skype, Viber, Telegram, WhatsApp, and Facebook. This ensures that clients can reach out via their preferred means of communication, making interactions smoother.
  • Superior Mobile Trading: Recognizing the increasing shift towards mobile trading, HYCM offers a state-of-the-art mobile platform, renowned as one of the best in the industry. This ensures that traders can monitor and execute trades even on the go.
  • Safeguarding Your Investments: With HYCM's protection against negative balance, traders can have peace of mind knowing they won't owe more than they've invested, adding an extra layer of financial security.

All these factors combined highlight HYCM's commitment to offering an unparalleled trading experience, emphasizing why it remains a preferred choice for traders around the world.

HYCM Trading Information 2024

18 King William Street London, EC4N 7BP United Kingdom; The Noble Center, 4th Floor 47 Spyrou Kyprianou Avenue Mesa Geitonia 4003, Limassol, Cyprus
Support Phone
Support e-mail
Trading software

Recognized globally, MetaTrader 4, often dubbed as MT4, has become the go-to platform for trading enthusiasts around the world. Through HYCM's powerful collaboration with MT4, traders can now navigate the markets with more efficiency and precision.

Why MT4 with HYCM Stands Out:

  • Inclusive for All: Catering to both novices and professionals, MT4's intuitive interface ensures that traders of every calibre can harness its full potential.
  • Unparalleled Technical Analysis: Dive deep into market trends with MT4's advanced technical analysis tools. From numerous timeframes to detailed charting, anticipate market movements with greater confidence.
  • Adaptable Trading Systems: MT4's versatility shines, allowing traders to customize their trading strategies. Whether you prefer manual trading or automating your strategies, MT4 is flexible enough to cater to your individual needs.
  • Empowerment with Expert Advisors (EAs): Take advantage of algorithmic trading through Expert Advisors. Program your strategies, let EAs handle the trades, and ensure 24/7 market monitoring without human intervention.
  • Consistent Upgrades and Enhancements: With HYCM backing MT4, you get the benefit of continuous upgrades and enhancements, ensuring your trading experience remains seamless and cutting-edge.

Trade Anytime, Anywhere with MT4 Mobile:

With the ever-evolving dynamics of today's markets, staying connected is more crucial than ever. MT4's mobile app bridges this gap. Whether you're on a business trip, on vacation, or simply away from your trading desk:

  • iOS and Android Compatibility: The MT4 mobile app is optimized for both iOS and Android devices, ensuring smooth performance and user-friendly interfaces.
  • Full Functional Access: Experience the complete suite of MT4's features on-the-go. From real-time quotes to full order execution, the mobile app ensures you're always in control.
  • Stay Alert: With push notifications and alerts, never miss out on significant market events or price shifts.

Choose MetaTrader 4 powered by HYCM and embrace a trading experience that's not only robust but also intuitive and user-centric. Your journey in the world of trading deserves the best, and with MT4 and HYCM, you get exactly that.

In the evolving landscape of financial trading, technology plays an indispensable role. MetaTrader has consistently stood at the forefront of this transformation, solidifying its position as the gold standard in electronic trading platforms.

Recognized and revered worldwide, it's not just a platform but a paradigm shift, optimizing how the world engages with financial markets.

Unveiling MetaTrader 5 (MT5): Beyond Ordinary Trading

MetaTrader 5 isn't merely an upgrade; it's a reimagining of what a trading platform can achieve. Marrying state-of-the-art technology with intuitive design, MT5 suits novices and veterans alike, ensuring a seamless trading experience.

Features and Benefits of MT5:

  • Advanced Technical Analysis: Dive deep into market movements and trends with sophisticated charting tools, overlaying multiple indicators and oscillators to craft your trading strategies.
  • Comprehensive Fundamental Analysis: Stay updated with global financial events, earnings reports, and market news. MT5's integrated economic calendar ensures you're always a step ahead, making informed decisions based on the latest data.
  • Flexibility and Customization: Whether you're a swing trader, day trader, or someone who believes in the power of algorithmic trading, MT5 adapts to your style. With its flexible trading systems, you can tailor the platform to mirror your strategies.
  • Automated Trading Capabilities: Leverage the power of automated trading applications. Whether it's Expert Advisors (EAs) or custom-built trading robots, MT5's compatibility ensures you can automate your strategies, letting technology work for you.
  • Enhanced Timeframes & Orders: Analyze market dynamics like never before with 21 distinct timeframes. Additionally, MT5's six types of pending orders, including buy stop, sell stop, and buy limit, ensure you have granular control over your trade entries and exits.
  • Integrated Economic Calendar: Stay abreast of macroeconomic events and announcements. MT5's in-built calendar alerts you to significant financial happenings, ensuring you're well-prepared for market volatility.

In a world where milliseconds can mean the difference between profit and loss, MetaTrader 5 stands as a beacon of reliability, innovation, and unparalleled functionality. Whether you're just beginning your trading journey or are a seasoned professional, MT5 offers a dynamic ecosystem, ready to amplify your trading potential. With HYCM and MT5 combined, you're not just trading; you're experiencing the future of financial markets.

Free Education

In today's rapidly evolving financial landscape, knowledge is the key to navigating the tumultuous waters of the markets. Recognizing this need, we have curated an arsenal of state-of-the-art educational tools tailored to elevate your trading prowess and enrich your understanding of the global financial arena.

Why Our Educational Suite Stands Out:

  • Comprehensive Curriculum: From the foundations of trading to advanced strategies, our resources cater to enthusiasts at every stage of their trading journey.
  • Interactive Learning Platforms: Beyond traditional texts, delve into interactive webinars, hands-on simulations, and real-time market analysis, ensuring a dynamic and engaging learning experience.
  • Expert Insights: Learn from seasoned professionals who bring years of practical market experience. Grasp the nuances of trading, risk management, and portfolio optimization through their valuable insights.
  • Regular Updates: The financial world never stops evolving, and neither do our resources. Stay updated with the latest market trends, shifts in trading strategies, and emerging investment opportunities.
  • Customizable Learning Paths: Recognizing that every learner is unique, our tools allow for personalized learning paths. Whether you're a visual learner, prefer hands-on practice, or enjoy in-depth reading, we've got something tailored for you.
  • Real-World Application: It's not just theory; our tools emphasize real-world application. Practice your skills with real-time market data, simulations, and feedback mechanisms, ensuring you're ready for the actual trading arena.

With our meticulously crafted educational resources, you're not just learning about the markets; you're preparing to master them. Dive in and transform your trading journey from novice to expert, all while staying updated, informed, and ready for the next market move.

Account Types

At HYCM, our mission is to design an engaging and flexible trading environment tailored to meet the diverse needs of every investor. Recognizing that each trader is unique, with specific trading goals and risk appetites, we have curated a comprehensive suite of account options to match these distinct profiles.

  • Live Accounts for Real-Time Trading: Dive into the dynamic world of real-time trading with our live accounts. Crafted for both newcomers and seasoned professionals, these accounts present a hands-on experience of the market's ebbs and flows, ensuring an immersive trading journey.
  • Demo Accounts for Practice: If you're new to trading or wish to test new strategies without risking real capital, our demo accounts are your ideal starting point. Simulate real market conditions, hone your skills, and build your confidence, all without any financial commitment.
  • Tailored Accounts for Distinguished Traders:
    • VIP Accounts: Designed exclusively for elite traders, our VIP accounts cater to those who demand nothing but the best. With more advantageous trading conditions, priority support, and personalized services, this account is reserved for those trading in significant volumes.
    • Corporate Accounts: Recognizing the unique requirements of institutional and corporate traders, HYCM offers dedicated corporate accounts. These ensure seamless and efficient trading experiences, augmented by tools and resources tailored for business entities.
  • Premier Trading Conditions: Beyond the types of accounts, what truly sets HYCM apart is our commitment to offering superior trading conditions. Competitive spreads, rapid executions, and a transparent fee structure converge to provide an unrivaled trading ambiance.

In essence, HYCM doesn't just provide trading accounts; we offer bespoke trading experiences. Whether you're taking your first steps in the trading world, experimenting with strategies, or leading a trading empire, our diverse account range ensures that you always have the right tools at your disposal.

At the heart of a satisfying trading experience lies the flexibility to choose an account that aligns perfectly with your trading style and objectives. Recognizing this, we present three meticulously crafted account options, each serving a specific trading need:

  • Fixed Account:

    • Fixed Spreads for Predictability: Enjoy the stability of fixed spreads starting from just 1.5 PIPS. This is ideal for those who prefer knowing their spread costs upfront, providing a sense of security against potential market volatility.
    • Zero Commission Commitment: Streamline your trading expenses. With the Fixed Account, you'll never have to factor in any commission, ensuring transparent and straightforward costings for all your trades.
  • Classic Account:

    • Variable Spreads for Flexibility: Starting from a competitive 1.2 PIPS, our variable spreads adjust according to market conditions. This dynamic nature of the Classic Account is preferred by traders who wish to capitalize on tighter spreads during liquid market conditions.
    • Commission-Free Trading: Much like the Fixed Account, our Classic Account also assures zero commission, allowing you to trade with a clear understanding of your cost structure.
  • Raw Account:

    • Raw Spreads for Optimal Precision: Experience trading at its purest. With spreads beginning at an incredibly low 0.1 PIPS, the Raw Account is designed for seasoned traders seeking near-instantaneous executions and razor-thin spread costs.
    • Transparent Commission Structure: A nominal fee of $4 per round is charged, ensuring that you're getting an unparalleled trading environment in exchange. This clear-cut commission structure underscores our commitment to maintaining transparency in all our dealings.

In essence, whether you're a novice trader seeking stability, an intermediate one eyeing flexibility, or a professional chasing optimal precision, our diverse account offerings ensure there's a perfect fit for every trading ambition. Choose wisely, trade confidently.

Available Assets

At HYCM, we understand the importance of providing a broad spectrum of investment opportunities to cater to the varied interests of our traders. By offering a diverse range of assets, we ensure that our clients have the flexibility to diversify their portfolios and strategize their trades according to market dynamics. Here's a closer look at the assets you can trade with us:

  • Energy Commodities, Oil/Gas: These are pivotal in global economic dynamics, and trading in these commodities can be influenced by geopolitical events, supply-demand shifts, and technological advancements in energy sectors.
  • General Commodities: Beyond energy, we offer trading opportunities in a range of commodities, including precious metals like gold and silver, and agricultural products such as coffee, cotton, and soybeans. Their values can fluctuate based on global demand, harvest outputs, and geopolitical influences.
  • Equities: Dive into the stock markets by trading in shares of leading companies from across the globe. Whether it's tech giants like Apple and Amazon or automotive leaders like Tesla, you can capitalize on market movements, earnings reports, and industry trends.
  • Market Indices: Engage with the broader market by trading on major global indices. This includes benchmarks like the S&P 500, NASDAQ, and the Dow Jones, reflecting overall market sentiments and the performance of key sectors.
  • Cryptocurrencies: As one of the most revolutionary and dynamic asset classes, we offer trading in prominent cryptocurrencies: Litecoin: Known as the silver to Bitcoin's gold, Litecoin offers faster transaction times and a distinct hashing algorithm. Ethereum: Recognized for its smart contract functionality, Ethereum brings in a blend of technology and finance. Bitcoin: Often referred to as 'digital gold,' Bitcoin is the pioneer cryptocurrency with immense market capitalization and influence.

At HYCM, we are continuously expanding and updating our asset offerings, ensuring that you have access to the latest and most relevant trading opportunities in the financial markets. Whether you're a seasoned trader or just starting, our diverse asset range ensures you can find the perfect fit for your investment strategy.


Forex, often touted as the lifeblood of global finance, presents a unique opportunity for traders to navigate one of the world's most liquid and dynamic asset classes. HYCM places this colossal market at your fingertips, ensuring you have access to a diverse array of currency pairs.

Benefits of Trading Forex with HYCM:

  • Unparalleled Liquidity: The Forex market is colossal, with daily volumes often surpassing $6 trillion. Such deep liquidity ensures efficient trade execution, making it a preferred choice for traders globally.
  • Diverse Currency Offerings: From major pairs like EUR/USD and GBP/JPY to more exotic combinations, our extensive range empowers traders to diversify strategies and tap into global economic movements.
  • Competitive Spreads: With spreads starting as low as 0.1 pips, we ensure that our traders have access to some of the most competitive rates in the market. This can significantly influence profitability, especially for high-frequency traders.
  • Optimal Leverage: Trading with a maximum leverage of 1:30, HYCM strikes a balance between enhancing potential returns and managing risks. Leverage can amplify both gains and losses, making it vital to use judiciously.
  • Informed Decisions: The fluid nature of the Forex market demands an informed trading approach. HYCM supports traders with real-time news, analytics, and insights, ensuring you're always a step ahead.

Step into the exhilarating world of Forex trading with HYCM and harness the market's vast potential. Whether you're an experienced trader or just starting out, our comprehensive offerings and expert support ensure that you're well-equipped to navigate the currency markets effectively.


Commodities have been the bedrock of trade for centuries, symbolizing tangible goods that drive economies worldwide, from the golden treasures of ancient empires to the oil that powers our modern world. HYCM invites you to tap into this rich tapestry of trade without the complexity of owning the underlying financial instruments.

Why Choose Commodities Trading at HYCM?

  • Diversified Portfolio: Commodities offer a unique opportunity to diversify your investment portfolio. Whether it's precious metals like gold and silver or energy assets like oil and natural gas, commodities provide a hedge against market volatility, often moving in directions opposite to traditional securities.
  • Trade, Don't Own: With HYCM, you get the flexibility to trade based on price movements of commodities without the hassle of physical ownership. This means no storage costs, no insurance fees, and no logistical headaches – just pure trading.
  • Leveraged Potential: Amplify your trading positions with a generous leverage of up to 1:20. This allows you to capitalize on even the slightest price movements in the commodities market, ensuring optimal use of your capital. However, it's crucial to understand the associated risks and to trade responsibly.
  • Real-time Market Insights: Stay abreast of global events that influence commodity prices. From geopolitical tensions affecting oil prices to harvest forecasts impacting agricultural goods, our platform provides timely data and expert analyses to guide your trading decisions.
  • Seamless Execution: Our advanced trading platform guarantees swift and efficient order execution, ensuring you never miss an opportunity in the fast-paced commodities market.
  • Safety & Security: With HYCM, you're not just trading commodities; you're doing so with a trusted partner. We prioritize your security, ensuring transparency, and adherence to the industry's best practices.

Dive into the commodities market with HYCM and harness the potential of global goods. Whether you're bullish on gold, anticipating a surge in oil prices, or forecasting a decline in coffee due to climatic changes, we provide the tools and platform to help you realize your trading vision. Navigate the intricate world of commodities with ease, agility, and the confidence of a seasoned trader with HYCM by your side.


Venture into the world of equities and interact with some of the most iconic brands on the global stage. The stock market is a fascinating realm where stories of startups turning into industry titans unfold, and established giants continue to shape our daily lives.

The HYCM Advantage in Stock Trading:

  • Trade Top-tier Brands: With HYCM, you’re not just trading stocks, but aligning your strategies with the trajectories of leading global brands, from tech behemoths to innovative newcomers.
  • Optimize Your Trading Capital: Offering a maximum leverage of 1:5, HYCM provides you with the potential to amplify your returns, while always stressing the importance of effective risk management.
  • Flexible Margins: Begin your trading journey with margins starting from a modest 20%. This ensures you can participate in the market without tying up excessive capital, thus optimizing portfolio diversification.
  • Insights and Analysis: The stock market is driven by countless variables, from earnings reports to geopolitical events. We equip you with cutting-edge analysis and real-time news, enabling you to make informed decisions in this dynamic environment.
  • Global Reach: Trade stocks from diverse markets and sectors, ensuring you have a wide playing field to apply your strategies and gain exposure to various economic narratives.

Join HYCM and capitalize on the endless opportunities in the stock market. Whether you're an enthusiast looking to back your favorite brands or a seasoned trader aiming for strategic gains, our platform ensures you’re perfectly positioned to make the most of market movements.


Step into the vast realm of global equity markets with unparalleled ease. Indices, the barometers of market health, encapsulate the performance of select stock groupings from world-leading exchanges, providing a snapshot of regional and sectoral economic narratives. Trading in indices allows investors to ride the broader market waves, offering a unique blend of diversification and strategic depth.

Why Choose HYCM for Indices Trading?

  • Broad Spectrum of Opportunities: With access to 15+ of the world's most prominent indices, HYCM opens doors to a diverse range of equity markets. Whether you're looking at the tech-driven NASDAQ or the diverse constituents of the FTSE 100, our platform caters to every investor's appetite.
  • Amplify Your Market Position: With a generous leverage offering of up to 1:20, HYCM empowers you to optimize your trading potential. This allows traders to take larger positions in the market with a relatively smaller capital outlay, while always emphasizing the importance of prudent risk management.
  • Real-time Data & Insights: The pulse of the global economy can be felt in the rise and fall of its indices. We ensure you stay ahead of the curve by providing real-time data, expert analyses, and timely market insights tailored for indices trading.
  • Flexibility & Efficiency: Trading in indices offers a streamlined way to gain exposure to a wide array of companies without having to invest in each stock individually. It's an efficient method for those looking to harness the broader market trends.
  • User-friendly Platform: Whether you're a novice trying to understand market indices or a seasoned trader, our intuitive platform ensures seamless trading experiences, complete with tools and resources to aid your decision-making process.

Embark on your indices trading journey with HYCM, and tap into the heartbeats of the world's most dynamic economies. With a vast array of global indices at your fingertips, you're poised to capitalize on the broad market movements, trends, and shifts.

Trading signals

HYCM prides itself on delivering a superior trading experience, and a significant aspect of that commitment lies in our state-of-the-art trading signals. These signals are designed to offer traders insights, analytics, and speedy executions, ensuring they stay ahead in the fast-paced world of trading. Here's a detailed breakdown of our trading signal offerings:

  • Exceptional Speed - 12ms Avg. Execution Time: In the world of trading, every millisecond counts. HYCM ensures rapid trade executions with an average time of just 12 milliseconds, minimizing slippage and maximizing potential profits.
  • Versatile Timeframes - 9 Timeframes: Catering to both short-term day traders and long-term strategists, our platform offers nine distinct timeframes. This variety allows traders to analyze market movements in granular detail or take a more extended overview, depending on their strategy.
  • Robust Analytical Tools - 23 Analytical Objects: Trading is as much about analysis as it is about intuition. Our platform is equipped with 23 advanced analytical objects, aiding traders in chart analysis, trend identification, and potential breakout points, among other crucial insights.
  • Comprehensive Technical Indicators - 30 Technical Indicators: Technical analysis is pivotal in making informed trading decisions. HYCM provides 30 diverse technical indicators ranging from Moving Averages to Bollinger Bands, assisting traders in deciphering market patterns, momentum, volume, and volatility.

Incorporating these tools and signals, HYCM's platform is meticulously crafted to ensure that traders have all the necessary resources at their fingertips. Whether you're deciphering complex market trends or looking for swift trade executions, our platform's capabilities ensure you're always positioned for success.

Account currencies
Payment Methods

At HYCM, we understand the importance of a seamless financial transaction process for our traders. In a rapidly changing trading environment, having a variety of payment methods not only enhances the user experience but also ensures flexibility and safety. Here's an extended breakdown of our diverse range of payment options:

Credit Card:

  • Versatility and Instant Transactions: Most traders are familiar with credit card transactions. HYCM accepts major credit cards, ensuring instantaneous deposits so you can start trading without any delays.
  • Protected Transactions: Employing advanced encryption technologies, we ensure that your card details and transactions remain secure.


  • Swift and Secure: As one of the world's leading online payment systems, PayPal offers quick transaction times and top-tier security features.
  • User-friendly Interface: With a simple login, transfer funds effortlessly to and from your HYCM account.

Wire Transfer:

  • Direct Bank-to-Bank Transfers: Ideal for large transactions, wire transfers offer a direct method to deposit or withdraw funds from your trading account.
  • Global Reach: Suitable for both domestic and international traders, allowing for cross-border transactions with ease.


  • Digital Currency Transactions: WebMoney is a global settlement system and environment for online business activities. It provides a swift and secure method to transfer funds.
  • Multicurrency Wallets: Accommodate different currencies, enhancing the trader's convenience.


  • Embracing Cryptocurrency: Recognizing the growing significance of cryptocurrencies, HYCM accepts Bitcoin as a payment method.
  • Decentralized and Swift: With Bitcoin, enjoy the benefits of rapid, decentralized transactions without the interference of traditional banks.

By offering a diverse array of payment methods, HYCM caters to a global clientele with varying preferences and needs. Our aim is to ensure that every trader, regardless of their location or preferred transaction method, finds it convenient and secure to manage their finances with us. Whether you're a traditionalist relying on bank transfers or a modern trader using cryptocurrencies, we have tailored our payment methods to suit your needs.

Spread Type

At HYCM, our commitment to providing the best trading experience is underpinned by our effort to present a variety of spread structures. Recognizing that different traders have unique strategies and risk tolerances, we offer three distinct spread types to ensure maximum flexibility and optimal trading conditions. Here's a deeper dive into each type:

Fixed Spreads:

  • Stability Amidst Volatility: A fixed spread remains constant regardless of market conditions. This stability can be especially beneficial during times of high volatility where spread widening is common.
  • Predictability: Traders can better anticipate trading costs, allowing for more precise budgeting and strategy planning.

Variable Spreads:

  • Dynamic Nature: Unlike fixed spreads, variable spreads fluctuate based on market liquidity and volatility. During high liquidity periods, traders might benefit from tighter spreads, potentially reducing trading costs.
  • Real Market Conditions: For traders looking to experience the true dynamics of the market, variable spreads offer a closer reflection of real market demand and supply conditions.

Raw Spreads:

  • Minimal Markup: Raw spreads represent the interbank market rate with little to no markup. They offer the most transparent pricing structure, usually combined with a commission per trade.
  • Favored by Professionals: Often preferred by professional and institutional traders, raw spreads provide an almost direct access to market prices, making them ideal for high-frequency and algorithmic trading strategies.

To further enhance our offerings, we continuously monitor and adjust our spread structures, ensuring they remain competitive and in line with market standards. Whether you're a novice trader seeking the predictability of fixed spreads or a seasoned professional chasing the tightest raw spreads, HYCM's diverse spread types are designed to cater to your individual trading style and strategy.

Broker Type

Minimum Lot Size: 0.01

Mini Account, $: 100

Digits After Dot

Yes   24/5 Trading

Yes   Demo account

Yes   Daily Analytics

Yes   Swaps

Yes   Hedging

Yes   Scalping

Yes   Mobile Trading

Yes   Automated Trading

Yes   Minus Protection

Yes   Trust Management

Yes   Promotions

HYCM Traders Reviews

  September 1, 2023  

Trading with HYCM has largely been a positive experience. Their interface is user-friendly, making it simple for both novices and experienced traders. I do feel, however, that they could offer more in terms of educational content for beginners. Withdrawals with HYCM are fairly seamless. I've typically received my funds within 2 business days, which is standard for the industry. However, there have been a couple of instances where it took slightly longer, but nothing too concerning.

  August 23, 2023  

When I embarked on my trading journey, selecting a broker wasn't a decision I took lightly. After meticulous research and comparisons, my inclination towards HYCM was driven by their vast array of tradable assets. From an impressive collection of currency pairs to an expansive selection of cryptocurrencies, they ensured that a trader's appetite for diversity was well catered to. Another pivotal factor that fortified my trust in HYCM was their regulated stature. The presence of a regulatory framework not only instilled a sense of security but also testified to the company's commitment to transparency and ethical trading practices. With this reassurance, many other concerns I had naturally dissipated. Diving into my trading experience, one of the highlights has undoubtedly been their efficiency in fund withdrawals. In a world where waiting times can often be unnecessarily prolonged, HYCM managed to process my withdrawals in a swift span of just two days, with the funds promptly reflecting on my card. Such expediency has been a consistent feature, which only emphasizes their dedication to customer convenience. Another significant advantage that stands out is their stability during news-driven market fluctuations. Where other brokers might see erratic spread expansions during major news events, HYCM maintains commendable consistency. While their spreads might not be the absolute tightest in the market, the minimal deviations during high-volatility events ensure that traders, like myself, can devise and adhere to strategies without unwelcome surprises. This predictability, especially in tumultuous market conditions, is invaluable for both new and experienced traders. In conclusion, my journey with HYCM has been characterized by reliability, efficiency, and a sense of security. For those looking to navigate the intricate world of trading, HYCM offers a balanced blend of diversity in assets, regulated peace of mind, and a steadfast trading environment, even when global news sends ripples across the markets.

  July 9, 2023  

The customer support team at HYCM is knowledgeable and generally responsive. I've had most of my issues resolved within a day. I do wish they had a 24/7 support option, especially considering the nature of forex markets. HYCM offers a decent set of trading tools, and I've found their charting features particularly useful. Some more advanced tools would be a welcome addition for veteran traders.

  June 11, 2023  

In the intricate realm of online trading, finding a broker that is both transparent and efficient is paramount. My journey with HYCM is an epitome of this belief. Admittedly, while HYCM may not be the frontrunner when it comes to offering the most competitive spreads, they compensate for it in numerous other aspects. For starters, the extensive array of trading tools at one's disposal is genuinely commendable. It provides traders, irrespective of their proficiency, a diverse playground to strategize and execute their trades. One of the standout features I've come to appreciate about HYCM is their transparency. In an industry where hidden fees and undisclosed commissions can become a bone of contention, HYCM stays true to its claims. Their website, a repository of all their offerings and charges, is a mirror reflection of what you experience once you start trading. There are no unexpected surprises, no clandestine charges, just straightforward trading. Now, let's talk about efficiency - a trait every trader deeply values, especially when it concerns their hard-earned money. HYCM, in my experience, has exhibited an impressive swiftness in their withdrawal processes. It's heartening to witness the quick turnaround times from the moment I initiate a withdrawal request. Typically, I've found that my requests are approved in just a matter of hours. And the cherry on top? The funds consistently reach my bank account within a three-day window. This consistency in withdrawal times, without any unforeseen delays, only solidifies my trust in HYCM. In summary, while I've ventured with multiple brokers in the past, HYCM stands out for its clear commitment to transparency and efficiency. In a world filled with unpredictabilities, it's reassuring to partner with a broker that offers both clarity and reliability.

  May 19, 2023  

The HYCM platform is dependable, with minimal downtime. Such reliability is crucial in the fast-paced world of forex trading, and HYCM generally delivers on this front. Being regulated by multiple top-tier bodies, HYCM ensures a level of trust and credibility. As a trader, it's always reassuring to know your broker operates within a strict regulatory environment.

  April 6, 2023  

Navigating the vast world of online trading, one often seeks a blend of reliability, functionality, and flexibility. In HYCM, I found just that. From the onset, what drew me towards HYCM was its impressive set of offerings complemented by the confidence that regulation brings. Knowing that a broker operates under stringent regulatory norms not only provides peace of mind but also stands testament to the broker's commitment to upholding industry standards and safeguarding their client's interests. Functionality is pivotal in trading, and HYCM's platform is nothing short of impeccable. Whether I'm trading from the comfort of my study on my computer or on the move via the mobile terminal, the user experience remains seamless. The intuitive design, combined with its efficient performance, makes the trading process smoother, allowing me to focus solely on my trading strategies. Now, for someone who has seen the daunting complexities of the trading world, the addition of trading with advisers by HYCM is a game-changer, especially for novice traders. It's a thoughtful provision that underscores HYCM's commitment to catering to traders across the spectrum, from seasoned professionals to enthusiastic beginners. Reflecting on my journey of over a year with HYCM, it has been nothing but smooth sailing. From executing trades to managing funds, every interaction has been trouble-free. A standout feature that deserves special mention is their withdrawal process. Not only is it swift, but the myriad of payment options they offer ensures that there's something for everyone, allowing clients to choose a method that aligns best with their preferences. In essence, my time with HYCM has been marked by reliability, convenience, and a consistent user experience. Here's to many more years of successful trading with a partner I've come to trust implicitly.

Find the Best Forex Brokers evaluated and selected by FBO

Forex Brokers Organization conducts thorough evaluations of brokers, examining aspects such as spreads, trading platforms, customer support, regulation, and more. These evaluations serve as a compass for traders seeking reliable platforms that align with their trading preferences.

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