Wednesday, December 8, 2021

HYCM

Rate by User

4.8 

Business Info

www.hycm.com

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).

Business

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