Rate by User
4.8
Business Info
HYCM is a Forex and CFD broker authorised and regulated by the UK Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC), offering 3 core trading accounts called Fixed, Classic and Raw to trade on more than 100+ trading instruments across Forex, Stocks, Indices, Commodities and Cryptocurrency CFDs on the MetaTrader 4 and MetaTrader 5 trading platform.
HYCM is a Forex and CFD broker which is authorised and regulated by the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), with over 40+ years experience. The company is part of the Henyep Capital Markets Group which is an international conglomerate with businesses in financial services, property, education and charity.
The broker offers 3 core trading accounts called Fixed, Classic and Raw. Both the Fixed and Classic offer commission-free trading with competitive spreads to trade on 100+ instruments covering Forex, Stocks, Indices, Commodities and Cryptocurrency CFDs. They also offer Islamic swap-free trading accounts and demo trading accounts.*
Users can trade on the MetaTrader 4 and MetaTrader 5 trading platform for desktop, web and mobile trading applications. HYCM also offers a range of trader research and education tools which include live seminars anmd workshops and article-based and video-based market analysis and education.
*Users can access more instruments, such as 150+ Stock CFDs on accounts opened under a different regulator.
Pros:
- FCA and CySEC regulated.
- Commission-free trading accounts available.
- Raw spread trading accounts available.
- Can trade on MetaTrader 4 and MetaTrader 5.
Cons:
- Only 20 Stock CFDs to trade on (more available on accounts opened under entity that falls under a different regulator).
