- Long established multi-regulated broker
- Free demo account
- Low fees
- Good customer support
- Low quality design (web platform)
- Inactivity fee
Overview
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Broker Name:HYCM
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Type of Broker:CFD/Forex Broker
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Miniumum Deposit::$100
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Demo Account:Yes
HYCM Review 2023

Founded: | 1998 | Platforms: | MT4, MT5 |
Regulation: | FCA, CySEC, CIMA, DFSA | Social Trading: | No |
Headquarters: | Cyprus | Max. Leverage (Retail): | 1:30 (UK/EU) / 1:500 |
Education: | Yes | Max Leverage (PRO): | N/A |
Segregated Accounts: | Yes | Average Execution: | 0.012 sec |
Balance Protection: | Yes | Accounts: | Demo, Fixed, Classic, Raw, and islamic |
Instruments: | Forex, CFDs (commodities, indices, stocks, crypto*) |
EUR/USD Spreads: | 1.2 | GBP/USD Spreads | 1.3 |
EUR/GBP Spreads: | 1.5 | AUD/USD Spreads: | 1.3 |
Inactivity Fee: | Yes |
Account Funding:
Withdrawal methods:
Our Rating

John Stuart is the editor’s chief of BrokerTrending and our expert broker. He has been in the online trading business for over 12 years, and he knows everything there is to know about the stock and forex market. When he’s not giving advice to the top investors, John can be found spending time with his wife and two children.