HYCM
3.0 out of 5
Over 30 years of operational history
Multiple Trading Platforms
Segregated accounts

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, United Kingdom
Employees 200+
License FCA UK 186171, CySEC 259/14, CIMA 1442313, DFSA F000048
Regulation FCA UK, CySEC, CIMA KY, DFSA
USA Clients No
Japanese Clients No
European Clients No
Canadian Clients No
Banned Countries
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Regulatory Agency
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.

We aim 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 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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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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Account Options

Account Types Fixed, Classic, Raw
Min Deposit 100 USD
Max Leverage 30:1 for CySEC and FCA UK regulations, 500:1 for CIMA regulation and 200:1 for Professional clients
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

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


Trading Volume based cashback

Basically in this type, you’ll receive cashback based on your trading volume. Based on this, you’ll generate commission to your provider (broker, exchange, crypto exchange, etc.). 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 money consistently, when you pay commission to your provider.

Example: You traded 30 lots on the forex market in EUR/USD at your broker. You paid $300 in spreads and commissions for these trades. FxRebate receives $100 of this commission. Based on your rebate rate agreement you’ll receive between $70 - $85 as cashback to your FxRebate account.

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Ratings

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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


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