HYCM

Briefly about the company

HYCM (formerly providing services under the HY Markets brand) is one of the branches of the international holding Henyep Group, which specializes in providing services in the field of economics, education and charity, as well as real estate.

The group was founded back in 1977. In 2007, the online platform HY Markets was launched – the popularized name of Henyep Capital Markets UK Ltd. In 2016, Henyep consolidated its investment brands in the capital markets and launched HYCM.com, an online trading capability through a feature-rich platform.

Regulatory organization

The HYCM group of companies includes organizations that have all the licenses necessary for doing business:

  • Henyep Capital Markets, based in London, is regulated byFCA(license 186171) – by the Financial Conduct Authority of England, which guarantees clients the appropriate legal security, as well as provides convenient conditions for cooperation.
  • HYCM (Europe) Ltd. – the company is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 259/14.

All deposits of the company’s clients are segregated, i.e. are kept separate from company funds and are not available for HYCM’s personal or business purposes. In addition, all of the company’s customers are members of the FSCS compensation program. Thus, in the event that the company, due to certain circumstances, is unable to provide further financial services to clients, they can receive compensation, the maximum amount of which is £ 50,000.00.

Company Services

HYCM offers its clients a wide range of services:

  • Forex trading
  • Segregated accounts
  • Islamic accounts
  • Training
  • Partnership programs

Account types

The following trading accounts are available for the company’s clients:

Mini

  • Minimum deposit: $ 100
  • Leverage: up to 1: 400
  • Spread: from 2.0 pips
  • Minimum lot: 0.01
  • Number of trading instruments: 50
  • Trading signals: no
  • Islamic accounts: yes

Standard

  • Minimum deposit: $ 1,000
  • Leverage: up to 1: 400
  • Spread: from 1.8 pips
  • Minimum lot: 0.01
  • Number of trading instruments: 120
  • Trading signals: yes
  • Islamic accounts: yes

VIP

  • Minimum deposit: $ 10,000
  • Leverage: up to 1: 400
  • Spread: from 1.5 pips
  • Minimum lot: 0.01
  • Number of trading instruments: 120
  • Trading signals: yes
  • Islamic accounts: yes

Trading instruments

The company provides a wide range of trading instruments for work: currency pairs (40), metals (7), indices (16), commodities (4), stocks (11), oil and gas.

Trading platform

Trading in the company is carried out through the MetaTrader 4 and HYCM PrimeTrader trading platforms, with the ability to use them on Android, iPhone, iPad mobile devices.

Training

Anyone can take advantage of free training videos and literature, thanks to which they can improve their knowledge of working in the financial markets.

Partnership programs

HYCM offers its customers four types of cooperation to choose from:

“Bring a friend”– an affiliate program that makes it possible to receive rewards for clients attracted through social networks. The amount of remuneration depends on the initial deposit of the attracted client and is transferred to the partner’s referral account only for trading purposes.

“Media Partnership”– suitable for web developers, internet businesses, site owners and SEO experts on using their sites or portals to increase income, allows you to receive affiliate rewards for promoting the company’s website and its services, depending on the chosen program: rebate from trading volumes , CPA or Income Distribution.

IB– the program provides an opportunity to receive income (rebate) for each attracted client.

WhiteLabel– enables the client working under his own brand to use the trading and technological conditions of the HYCM company.

Account deposit / Account withdrawal

It is possible to replenish the account in the company, as well as withdraw funds from the account using Visa / MasterCard bank cards, bank transfer and electronic system WebMoney, UnionPay, Neteller,Skrill

Regional restrictions

At the moment, the broker does not provide services to US residents.

The broker is regulated by the following regulators:

FCA

 

One thought on “HYCM Broker

  1. Не понятно как работаю стопы. За три дня 4 сделки и на всех снесло стопы. До этого первый лось был мой – словил, и начался слив. Более того, я написал им в техник сразу после первого приключения. Обещали рассмотреть ситуацию. Без претензий. Рассмотрели, написали развернутый ответ. Извинились. И погнало по новой! Очень странная ситуация, не приятно

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