HYCM review

HYCM forex review

HYCM is the trading name of Henyep Capital Markets (UK) Ltd. and is authorised and regulated by the FSA.

The Group has over 30 years of operational history and it provides traders with a quality trading platform for fast and direct access to the world's capital markets.

This long-standing expertise has enabled them to develop an impressive web-based internet trading platform, which enables clients to invest in all major capital markets from one integrated account in an easy-to-use interface.

HYCM is a division of the Henyep Group, a global diversified conglomerate with business in financial services, property, education, and charity spanning 3 continents and 20 countries worldwide. The Henyep Group of companies are registered and authorized in world-leading jurisdictions including London, United Arab Emirates, and Hong Kong. This provides clients with the comfort and security of a global institution.

The heart of the HY Markets service is their state-of-the-art trading platform. They provide traders with the choice between an easy-to-use web-based online trading platform and (for more advanced users) a downloadable platform with mobile phone trading integration. These cutting-edge multi-product platforms integrate live tradable prices, charting tools, real-time news and market commentary, and complete account information all within innovative and easy-to-use interfaces.

While many other online trading companies only provide forex trading, HY Markets clients are able to take advantage of other market opportunities: oil/gas, metals, commodities, stocks trading and more. All traded within a single integrated account. Such access to multiple financial instruments provides you with a competitive edge to trade all markets and thereby diversify your investment portfolio.

HYCM website  HYCM live account

Types of accounts

HYCM offers a variety of different accounts according to the needs of its traders.

Min. deposit $100$1,000$10,000
No. of tradeable products 50120120
Min. trade size (in lots) .01.01.01
Max. leverage 1:2001:2001:200
Min. fixed spread
Trading signals NoYesYes
Mobile trading YesYesYes
Islamic accounts available YesYesYes

Please note: losses may exceed deposits.

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Risk warning

Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit.