HYCM - General Information
Rebate Rates
*The Rebates are calculated for one round turn lot (100,000 units) for Currencies, (100 oz) for Gold, (5,000 oz) for Silver, (1,000 bar) for Oil, (100 shares) for Equity CFDs, (one contract) for Equity Index CFDs and (one unit) for Cryptocurrencies.
**FxRebate will not provide rebate services for existing clients.
***HYCM doesn`t accept clients from: 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 and Zimbabwe.
****For other trading instruments rebate information please contact us at office@fxrebate.eu.
HYCM Overview
HYCM is headquartered in London and is authorized and regulated by the Financial Conduct Authority of the United Kingdom. The Group has over 30 years of operational history and we are the trading platform of choice for investors seeking fast and direct access to the world's capital markets.
This long-standing expertise and commitment to technology and customer service, has enabled us to develop multiple trading platforms to meet our clients' needs. Trade via the industry leading MT4 platform, via the newest MT5 platform or our mobile platforms for the iPhone, iPad and Android devices.
Our complete trading experience is supported by our professional dedicated customer service team who caters to your individual needs and experience levels.
HYCM Details
Company Name | Henyep Capital Markets (UK) Limited, HYCM (Europe) Ltd, HYCM Ltd, Henyep Capital Markets (DIFC) Limited | ||||||||||
Country | United Kingdom | ||||||||||
Year Open | 2007 | ||||||||||
Headquarters | United Kingdom | ||||||||||
Offices | Cyprus, Hong Kong, United Arab Emirates | ||||||||||
Employees | 200+ | ||||||||||
License | FCA UK 186171, CySEC 259/14, CIMA 1442313, DFSA F000048 | ||||||||||
Regulatory Authorities | FCA UK, CySEC, CIMA KY, DFSA | ||||||||||
USA Clients | No | ||||||||||
Japanese Clients | No | ||||||||||
European Clients | No | ||||||||||
Canadian Clients | No |
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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Visit Website | |||||||||||
Agency | Cyprus Securities and Exchange Commission | ||||||||||
Short Name | CySEC MiFID-STP | ||||||||||
Country | Cyprus | ||||||||||
Min Capitalization | 125,000 EUR | ||||||||||
Government Enforced Segregated Accounts | Yes | ||||||||||
Description | The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus. CySEC is to exercise effective supervision to ensure investor protection and the appropriate development of the securities market. |
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Visit Website | |||||||||||
Agency | Cayman Islands Monetary Authority | ||||||||||
Short Name | CIMA | ||||||||||
Country | Cayman Islands | ||||||||||
Min Capitalization | N/A | ||||||||||
Government Enforced Segregated Accounts | No | ||||||||||
Description | To protect and enhance the reputation of the Cayman Islands as an International Financial Centre by fully utilising a team of highly skilled professionals and current technology, to carry out appropriate, effective and efficient supervision and regulation in accordance with relevant international standards and by maintaining a stable currency, including the prudent management of the currency reserve. |
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Visit Website | |||||||||||
Account Options
Account Types | Fixed, Classic, Raw | ||||||||||
Min Deposit | 100 USD | ||||||||||
Max Leverage | 30:1 for clients under CySEC and FCA UK jurisdiction, 500:1 for clients under SVG jurisdiction, and 500:1 for clients under UAE jurisdiction | ||||||||||
Min Trade Size | 0.01 Lots | ||||||||||
Max Trade Size | No limit | ||||||||||
Spreads | HYCM Spreads | ||||||||||
Spread Types | Fixed Spread, Variable Spread | ||||||||||
FX Pricing Decimals | 5 | ||||||||||
Commission | USD 3.20 / round turn lot for HY Raw accounts | ||||||||||
Rollover (Swaps) | HYCM Rollover (swaps) | ||||||||||
VPS (Virtual Private Server) | No |
Trading Options
Execution Options | MM, STP / NDD | ||||||||||
Instruments | Forex, Metals, Commodity CFDs, Equity CFDs, Equity Index 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 | No |
Platforms Supported
Trading Platforms | MT4, MT5, Mobile | ||||||||||
Mobile Support | MT4/MT5 Android, MT4/MT5 iOS (iPhone/iPad) | ||||||||||
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, Credit/ Debit Card, Skrill, Neteller | ||||||||||
Withdrawal Methods | Bank Wire, Credit/ Debit Card, Skrill, Neteller | ||||||||||
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 |
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Nuno Matias |
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.
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Glumclud |
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.
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Vicente Abreu |
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Caspar Bauer |
If you work in the financial area, the first thing you should pay attention to is the credibility of the company imo.
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Luigi Martini |
yeah, there is something to strive, I mean raw account, but these days I trade on classic and know no better.
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Hudton |
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Sergio Campos |
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Purtlet |
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Nicolas M. |
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ondrej dolezal |
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.
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Mauro Cener |
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.
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davidaias |
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danielard |
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.
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alexaniro |
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.
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Wubshet Kohler |
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SleepingDog |
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bernagt |
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lexkrs |
One more benefit - educational sector, would be good for experienced ones and beginners also.
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Filipp Bauer |
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Oliver Antal |
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HenrikHassan |
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Karl Wallin |
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.
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Klaus Ansgar |
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Ernest C. |
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
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Pier Westra |
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Enrico Bianco |
Indeed, you may be charged by your bank, but it's not so crucial, I am sure fees are low.
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Arne Magnusson |
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! ????
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Wiebe |
It's hard for me to pick just one thing since everything they do is top-notch!
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Jens Lundgren |
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Felix Fredriksson |
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John Murugan |
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.
Operations volume based cashback |
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.
HYCM Customer Service
 24-hour support
 Languages: Arabic, Chinese, English, Greek, Italian, Russian, Spanish
 Email, Phone, Live Chat, Call Back Request
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