- 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
January 24, 2023 – Updated on August 10, 2023
Broker Confidence Score (BCS):
Our BCS is a numerical 1-99 score calculated based on several security criteria.
Our BCS is a numerical 1-99 score calculated based on several security criteria.
Overview
Spreads & Fees
Deposits / Withdrawals
Ratings
Overview
Overview
Spreads & Fees
Deposits / Withdrawals
Ratings
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
Regulation & Trust
4.5 / 5
4.5/5
Platforms & Tools
5 / 5
5/5
Instruments
4 / 5
4/5
Trading Conditions
4.5 / 5
4.5/5
Research & Education
4 / 5
4/5
Type of Accounts
5 / 5
5/5
Deposit & Withdrawal
5 / 5
5/5
Client Support
5 / 5
5/5
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.