HYCM Reviews in Nov. 2024

14 Reviews • Average

3.7

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HYCM is available in the United Kingdom

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5-star

4-star

71%

3-star

14%

2-star

1-star

HYCM competitors
XTB
5.0
Kwakol Markets
5.0
FP Markets
4.4

nebularider21 Follow

HYCM does well on the essentials – secure platform, fees, and helpful customer service.

However, I'd love to see them expand their educational resources, particularly with webinars or live tutorials.

4-12 months with HYCM

5 Nov. 2024

shadowhunter Follow

HYCM is a solid choice for beginners. I like their user-friendly mobile app, and my account manager was available to answer questions, especially around their account types.

I'd appreciate more educational resources aimed at beginners, as their blog is rather limited.

1-3 months with HYCM

11 Oct. 2024

tradingtyphoon Follow

I'm happy with HYCM's platform, account options, and the selection of instruments too. You can even buy 'real shares' and earn dividends.

It isn't possible to trade CFDs on government bonds yet. I'd appreciate if they could make this happen.

1-3 months with HYCM

17 Sep. 2024

tradingtriumph Follow

I appreciate HYCM's variety of assets, including Forex and real stocks. Its range of instruments isn't the broadest, but it works for me and allows me to diversify my portfolio from a single platform.

1-3 months with HYCM

9 Sep. 2024

stargazer731 Follow

HYCM offers excellent trading conditions with tight spreads on it's Raw account. I also like the selection of account currencies.

However, their educational resources could be more in-depth, and weekend customer support would be a big plus, as that's usually when I have time to focus on my account.

1-3 months with HYCM

7 Aug. 2024

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Updated on 26/05/2024.

hycm.com, formerly HY Markets, is an award-winning regulated online broker suitable for day traders as well as long-term investors. It's also an established broker, in business since 1999.

Range of markets

Asset classes
Forex (CFD)
Cryptos (CFD)*
Stocks (CFD)
Stocks
Indices (CFD)
Metals (CFD)
Energy (CFD)
Commodities (CFD)

* Availability is subject to local laws and regulations.

Trading platforms

Platforms
MT4
MT5
Other platformsHYCM Trader

Operating systems
Web trading
Android
iOS

Demo account
Demo account

Deposits and withdrawals

Deposits and withdrawals (Fiat)
Bank transfer
Credit card
Debit card
NETELLER *
Skrill *
WebMoney
2c2p

Account base currencies
AED
EUR
GBP
USD

The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.

* Availability is subject to local laws and regulations.

Updated on 26/05/2024.

HYCM operates through the following 5 entities:

Country	Entity	Regulatory license
🇰🇾 Cayman Islands	HYCM Ltd	Cayman Islands Monetary Authority (CIMA) No. 1442313
🇨🇾 Cyprus	HYCM (Europe) Ltd	Cyprus Securities and Exchange Commission (CySEC) No. 259/14 Reception and transmission of orders in relation to one or more financial instruments. Execution of orders on behalf of clients.
🇻🇨 St. Vincent and the Grenadines	HYCM Limited	Not regulated
🇦🇪 UAE	HYCM Limited	DFSA No. F000048 Arranging deals in investments (futures, shares, units).
🇬🇧 United Kingdom	HYCM Capital Markets (UK)	Financial Conduct Authority (FCA) No. 186171