4.6 out of 5
40+ years of group cumulative experience
Multiple trading platforms
Segregated accounts
 HYCM delivers a first-class trading experience

HYCM - General Information


Rebate Rates

Instruments

Account Types

Fixed

Classic

Raw

Forex

(all currencies)

6 USD per lot 6 USD per lot 6 USD per lot

Metals

6 USD per lot 6 USD per lot 6 USD per lot

Commodities

6 USD per lot N/A N/A

Indices

6 USD per lot N/A N/A

Stock CFDs

6 USD per lot N/A N/A

Cryptocurrencies

6 USD per lot N/A N/A

Payment Options

►Monthly Rebates to FXRebate Wallet

►Monthly Rebates to FXRebate Wallet

►Monthly Rebates to FXRebate Wallet

 

Notes

  1. The Rebates are calculated in points per 1 round turn lot (100,000 units) for Forex (all currencies), (100 oz) for Gold, (5,000 oz) for Silver, (1,000 bar) for Oil, (variable sizes) for other Commodities, (variable sizes) for Indices, (100 shares) for Stocks CFDs, (variable sizes) for Cryptocurrencies.
  2. For other trading instruments rebate information please contact us at office@fxrebate.eu.

HYCM Overview

HYCM is a long-standing global Forex and CFD broker providing traders with access to a broad range of financial markets, including major, minor, and exotic Forex pairs, indices, commodities, metals, energies, and cryptocurrencies. With decades of industry experience, HYCM delivers reliable trading conditions supported by robust infrastructure and a commitment to transparency and client service.

The broker offers multiple trading platforms to suit different trading styles, such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on desktop, web, and mobile devices. These platforms provide advanced charting tools, automated trading support, and flexible execution options.

HYCM’s account offerings are designed to cater to both beginner and experienced traders, with competitive spreads, flexible leverage (subject to regulatory requirements), and a selection of account types that align with varied trading preferences.

Operating under well-recognized regulatory frameworks across multiple jurisdictions, HYCM places emphasis on client protection, regulatory compliance, and operational integrity. The broker also supports educational resources and market research to assist traders in making informed decisions.


HYCM Details
Company Name Henyep Capital Markets (UK) Limited, HYCM Capital Markets (DIFC) Limited, HYCM Capital Markets S.R.L.
Country United Kingdom
Year Open 2007
Headquarters United Kingdom
Offices Hong Kong, United Arab Emirates, Costa Rica
Employees 200+
License United Kingdom: FCA UK 186171, Dubai: DFSA F000048
Regulatory Authorities FCA UK, CySEC, CIMA KY, DFSA
USA Clients No
Japanese Clients No
European Clients No
Canadian Clients No
Restricted Countries Afghanistan, Bahamas, Belgium, Botswana, Cambodia, Canada, Cyprus, France, Ghana, Hong Kong, Iceland, Iraq, Japan, Lao PDR, Mongolia, North Korea, Panama, Sudan, Syria, Turkey, Trinidad and Tobago, Uganda, USA, Vanuatu, Yemen, Zimbabwe

Regulatory Authority
Agency Financial Conduct Authority UK
Short Name FCA UK
Country United Kingdom
Min Capitalization GBP 730,000
Government Enforced Segregated Accounts Yes
Description

FCA regulates the financial services industry in the UK.

FCA aims to make sure that financial markets work well so that consumers get a fair deal. This means ensuring that, the financial industry is run with integrity, firms provide consumers with appropriate products and services, and consumers can trust that firms have their best interests at heart.

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Agency Dubai Financial Services Authority
Short Name DFSA
Country United Arab Emirates
Min Capitalization N/A
Government Enforced Segregated Accounts Yes
Description

Economic activity of a free target-oriented zone in Dubai is regulated by the DFSA.

Management of resources and securities, execution of banking and trust services, Islamic finance, exchange of international equities and derivatives, as well as insurance matters fall within the competence of the DFSA.

Activity of DFSA is based on a principle of risk-related regulation and avoidance of unnecessary regulatory implications. Besides, the agency made it clear that the obligations liable to fulfillment should comply with optimization of risks in order for such obligations to be successfully met.

Under the circumstances, the priorities include generation of a cycle of risk optimization that aims at identification, evaluation and assessment of risks in order to enhance local and international markets and their patterns.

According to DFSA, the reality of efficient risk-based regulation is more important than the way of its achievement.

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Account Options

Account Types Fixed, Classic, Raw
Min Deposit 20 USD
Max Leverage 1:30 for clients under FCA UK jurisdiction, 1:500 for clients under SVG, UAE and Costa Rica jurisdiction
Min Trade Size 0.01 lots
Max Trade Size No limit
Spreads HYCM Spreads
Spread Types Fixed spreads, Variable spreads
FX Pricing Decimals 5
Commission 4 USD/ lot for Raw accounts
Rollover (Swaps) HYCM Rollover (swaps)
Stop Out Level 20%
VPS (Virtual Private Server) No

Trading Options
Execution Options MM, STP
Instruments Forex, Metals, Commodities, Indices, Stock CFDs, Cryptocurrencies
OCO Orders Yes
Trailing Stops Yes
One Click Trading Yes
Scalping Allowed No
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts Yes
Copy Trading Yes

Platforms Supported

Trading Platforms MT4 Desktop, MT4 Mobile, MT5 Desktop, MT5 Mobile, HYCM Trader
Mobile Support MT4 Android, MT4 iOS, MT5 Android, MT5 iOS, HYCM Trader Android, HYCM Trader iOS
Trading API No
Managed Accounts Featured No
MAMM/PAMM Platform Option No
MAMM/PAMM Leaderboard No
Trading Platform Time GMT
Observe DST Change Yes
DST Change Timezone Greenwich Mean Time (GMT)
Non-expiring Demo Yes

Funding Information

Deposit Methods Bank Wire, VISA, Mastercard, Cryptocurrencies
Withdrawal Methods Bank Wire, VISA, Mastercard, Cryptocurrencies
Broker to Broker Transfer No
Account Currency USD, EUR, GBP, RUB, AED
Client Funds Bank Barclays Bank, HSBC, China Construction Bank
Interest Bearing Accounts No
Government Enforced Segregated Accounts Yes


Nuno Matias

2022-06-08 10:16:28

1) the very first thing which I'd note - the presence of a strong educational center with tons of possibilities how to build up a strategy concerning education. wanna watch webinars? welcome. wanna read the articles and attend workshops? why not?
2) another details is closely connected with the accounts and spreads exceptionally. fixed account is the best for intraday traders and those ones who don't care about spreads at all. I know there are such traders... Raw and classic are for those who know when to trade in order to save up money on spreads.
3) thirdly... dunno know for real what to state, but I'd also note a work of customer support. guys are awesome and super polite, hope such approach wasn't only for me.

Glumclud

2022-07-06 10:12:43

I've been thinking for a long time about how to describe my trading experience with HYCM. I couldn't decide what I like the most :D
All services are at high level!
I will write about MT4 trading platform. In my opinion, it is very convenient and functional platform. I can apply any trading ideas.

Vicente Abreu

2022-07-20 16:38:54

three types of accounts, but you can't trade with expert advisors on fixed one. but, some traders don't admit EAs.

Caspar Bauer

2022-08-03 12:26:00

Hycm is a very well-known forex broker with decades of history in the industry. Combine this with strong regulations and you will get one of the most reliable brokers on the market right now.
If you work in the financial area, the first thing you should pay attention to is the credibility of the company imo.

Luigi Martini

2022-08-21 17:11:21

classic account is my fav one.
yeah, there is something to strive, I mean raw account, but these days I trade on classic and know no better.

Hudton

2022-09-07 13:58:36

Traders that like safety & reliability really like that HYCM is a great broker, regulated by FCA UK.

Sergio Campos

2022-09-27 15:34:33

The broker generally met my expectations, although it’s hard to imagine the opposite given its experience of working in the industry and a license.

Purtlet

2022-10-11 12:40:47

HYCM has much experience in the business for years professionally, and they know how to treat client

Nicolas M.

2022-10-21 15:23:54

I try to stick with proven brokers who have a long history of working on the market. It’s one of such brokers. I don’t exactly remember how long it works but it’s pretty experienced. You may check it out.

ondrej dolezal

2022-10-23 09:26:58

Checked out some HYCM reviews. Let me list some of the advantages that highlight services provided by this company in a positive way:

1. First of all - presence of several account types that don't require lots of money. You know, sometimes brokers create one account (the worst one) with a small min. deposit, while those ones that are better with huge sums (like VIP account with 100k$ min. deposit, unbelievable). This one offers three account where min. depo varies from 100$ to 200$. Acceptable.
2. Secondly - strong educational center. Here are webinars, workshops, seminars, video courses and actually everything an ordinary trader required for a consistent, successful learning activity.
3. Thirdly - expert advisors. Yeah, it's one of the few brokers that allows trading using expert advisors that might come in handy.

Mauro Cener

2022-10-30 11:09:03

I appreciate Hycm's approach to payments. Not only does the broker cover all the fees that go with deposits/withdrawals; it also provides all the required payment methods.

As for the payment processing, I can state that the descriptions that are on the website are pretty accurate. But of course there could be delays when the third parties like banks are involved. Hence why you should use crypto networks.

davidaias

2022-11-25 23:21:11

HYCM is like an OG in the brokerage. Years of experience are felt in every service broker offers. From the variety of tradable assets to the educational resources and live events. This is what you call experienced one.

danielard

2022-12-09 23:06:42

Hycm cost/efficacy ratio is astonishing. For a couple of hundred bucks you get the access to the vast number of assets under the umbrella of the most credible forex broker.
I put my trust in the broker some time ago and don’t regret a second of this decision.
You can make a free demo to verify my words are true.

alexaniro

2022-12-17 18:33:17

I can assess the quality of services of this broker as normal.
That is, for all the time I have been trading with HYCM, I have not experienced any difficulties. All services I used worked without any problems.
I cannot say that these services are the best in the industry because I did not get any unique features. But they serve their purpose.

Overall this broker suits me and I will continue to trade on its platform.

Wubshet Kohler

2022-12-26 16:53:02

My friend’s advice was very good. The broker is really the embodiment of what I usually expect from many brokers.

SleepingDog

2023-01-08 17:35:13

Amazing withdrawal conditions for all payments.

bernagt

2023-01-15 20:27:30

It's nice that this broker stays true to the classic trading tools. I'm talking about the MetaTrader trading platforms.

lexkrs

2023-01-20 22:39:09

I like HYCM. The broker is a reliable one and has been here for long time. That means much in my opinion and that is why I decide to open an account here.
One more benefit - educational sector, would be good for experienced ones and beginners also.

Filipp Bauer

2023-01-30 14:58:59

I can't really say it has all been rosy here. First things first, the broker is extremely easy to trust. There is hardly any reason to mistrust the broker. There is also a comprehensive knowledge base, webinars and seminars, and even EAs. But I have to say I expected a lot more from the broker after such long in the market. I thought I would be mind blown but it was kind of anti-climactic. However, still a solid broker.

Oliver Antal

2023-01-31 14:53:42

Top notch trading platform with a good understanding of their clients and what they need with their processes. Much like my cup of tea. Good to be here.

HenrikHassan

2023-02-08 11:02:50

Nice broker with competitive trading conditions!

Karl Wallin

2023-02-12 10:53:55

I really like the RAW account of the broker. The spreads there are so competitive and I need such spreads to be able to trade more efficiently.
However I’m still trading with Classic just because of the commissions per deal. If only they would be a bit lower so that my strategy would fit perfectly.

Klaus Ansgar

2023-02-23 13:00:56

HYCM has been in industry for so long, I trust such companies because only a professionals can do so.

Ernest C.

2023-03-06 14:21:09

I consider the hycm broker one of the most reliable companies operating in the industry. So, it’s no wonder I chose exactly this broker. I was also attracted by the fact that there’s an account with fixed spreads.
In addition to this, the broker offers an attractive affiliate platform. I haven’t tried it yet but I’m gonna do this in the nearer future. As for the technical side, I got no complaints about the broker’s execution. Moreover, I don’t have problems with withdrawing my funds.
The strongest sides:
- Regulation
- Very good trading conditions
- An attractive affiliate program

Pier Westra

2023-05-22 14:20:35

I know that I can trust this broker with all my heart. It has been proven by my experience and experience of millions of traders though all the years it has been in the business.

Enrico Bianco

2023-05-26 18:15:49

Hycm infrastructure is impressive. I mean, its trading platforms, account types, HYCM Lab, algo trading opportunities and other stuff are certainly useful. It does levy no commission for funds depositing, and money's enlisting is swift. Moreover, it doesn't charge any fees for withdrawing as well!
Indeed, you may be charged by your bank, but it's not so crucial, I am sure fees are low.

Arne Magnusson

2023-06-16 13:59:04

Recent add-on that allows traders to requalifiy into investors, or even combine these two types of trading seems to be a good improvement. I bet it affects brand awareness increase, as the company kills two bird with ones stone. Look:
There is a group of traders who adore short-term activity striving to earn quick money. They are already here.
On the contrary, now another group of enthusiasts, who prefer buying equities and holding them until the price breaks the required level, join first group!
I beg HYCM team to teach me basics of marketing and brand promotion! ????

Wiebe

2023-06-28 10:56:22

I've been considering whether to first commend their reputation, trading conditions, platform, or something else.
It's hard for me to pick just one thing since everything they do is top-notch!

Jens Lundgren

2023-07-28 12:50:43

Very respectable broker. Hycm proved me wrong as hell when I said to one of my friends that it is not gonna work out with them. After a couple of weeks I came and said that I opened an account there!

Felix Fredriksson

2023-07-30 00:16:14

I am sad that I did not manage to find HYCM when I was a newbie in trading. Because of the wrong decision I had some uncomfortable situations. So that is the most important decision for any trader and actually it is the hardest one over there. Now you can see dozens of trading platforms and brokers that offer a lot of stuff for traders. On the other hand, you can not simply choose the broker with the lowest fees or the ones who offer the biggest number of instruments. But I can ensure you that HYCM is the combination of all the best that exists in the market.

John Murugan

2023-07-31 20:38:34

It won't be far from the truth if I claim that this broker is probably the oldest one on the forex market.
It’s crucial in and of itself because the more rich the history of the company the more it has to offer to its clients.
It accounts to the credibility and trustworthiness of the broker for the most part. And those are the essential aspects for any type of trader regardless of the experience.
I reckon we all value the safety of the broker the most. If not, then you have to reconsider your priorities mate.

Trading Volume

Basically in this type, you’ll receive cashback based on your operations volume. Based on this, you’ll generate commission to your provider. Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn (save) money consistently, when you pay commissions to your provider.

Learn more


Crypto cashback available

You can receive cashback on cryptocurrency trades such as Bitcoin, Ethereum, Ripple, LiteCoin, Tether, etc.


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HYCM Customer Service

 24-hour support

 Languages: Arabic, Chinese, English, Greek, Italian, Russian, Spanish

 Email, Phone, Live Chat, Call Back Request

HYCM Contact


Broker

Zero fees On Deposits and Withdrawals

  1. All credit card fees covered
  2. All e-wallet fees covered
  3. Bank wire withdrawals over $300 fees covered

HYCM does not charge on deposits, however there might be charges from the banks that are then deducted from the amount that you will receive.

HYCM does not charge on deposits, however there might be charges from the network or payment provider.

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