HYCM Broker Review – A Trusted Name in Online Trading Since 1977
When choosing a broker in today’s fast-paced and competitive trading environment, reputation and regulation matter more than ever. HYCM (Henyep Capital Markets) stands out as one of the most experienced and trustworthy CFD brokers in the world. With over 45 years of financial heritage and robust regulatory licenses across Europe and beyond, HYCM offers European traders a reliable and secure gateway to global financial markets.
A Legacy of Trust and Global Regulation
Founded in 1977, HYCM is among the few brokers in the industry with decades of operational history. Unlike many newer brokers, HYCM has successfully navigated multiple financial cycles and regulatory changes — a testament to its stability and integrity.
For European clients, HYCM operates through HYCM (Europe) Ltd, which is fully regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 259/14. Additionally, the broker is authorized by the UK’s Financial Conduct Authority (FCA), the Dubai Financial Services Authority (DFSA), and the Cayman Islands Monetary Authority (CIMA). This multi-jurisdictional regulation provides clients with a high level of investor protection, fund segregation, and legal compliance.
Multi-Asset Trading Across 300+ Instruments
HYCM provides access to over 300 CFD instruments across the world’s leading markets. Traders can diversify their portfolios with CFDs on forex, commodities, indices, stocks, ETFs, and cryptocurrencies.
- Forex traders can access 60+ currency pairs including majors, minors, and exotics.
- Stock CFDs include major companies like Apple, Tesla, and Deutsche Bank.
- Cryptocurrencies and ETFs are available (crypto for professional clients in Europe only).
Whether you’re trading EUR/USD, the S&P 500, or commodities like gold and crude oil, HYCM ensures ultra-fast execution with institutional-grade liquidity.
Choice of Powerful Trading Platforms
HYCM supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its own WebTrader platform:
- MT4: Custom indicators, expert advisors, technical charting, one-click trading.
- MT5: Multi-asset support, economic calendar, advanced order types.
- WebTrader: Browser-based access without downloading any software.
All platforms offer secure and stable access, making them suitable for both beginners and professionals.
Three Tailored Account Types to Fit Every Trading Style
HYCM offers three main account types:
- Fixed Account: Spreads from 1.8 pips, ideal for beginners seeking price stability.
- Classic Account: Variable spreads from 1.2 pips, no commission.
- Raw Account: Spreads from 0.1 pips + $4 commission/lot, ideal for pros and scalpers.
All accounts:
- Minimum deposit: $100
- Available in EUR, USD, GBP
- Islamic accounts available
- Leverage: Up to 1:30 for retail (EU), up to 1:500 for professionals
Transparent and Competitive Pricing
HYCM operates as an ECN/STP broker on Raw accounts. Pricing is transparent with no deposit or withdrawal fees. Swap rates are clearly listed within the platforms.
Examples of Average Spreads:
| Pair | Fixed (pips) | Classic (pips) | Raw (pips + Commission) |
|---|---|---|---|
| EUR/USD | 1.8 | 1.2 | 0.1 + $4/lot RT |
| GBP/USD | 2.5 | 1.5 | 0.3 + $4/lot RT |
| XAU/USD | 50 | 35 | 10 + commission |
💡 No deposit/withdrawal fees. No hidden costs. Swap fees vary by instrument and are transparently shown.
Free Demo Account with Real Market Conditions
HYCM offers a free demo account with $50,000 in virtual capital and real-time access to all instruments. Ideal for beginners to practice or experienced traders to test strategies risk-free.
Education, Research, and Market Analysis
HYCM provides a wide range of educational resources:
- Webinars, video tutorials, and trading guides
- Daily technical and fundamental analysis
- Integrated tools: Trading Central, Autochartist
These resources help traders make informed decisions and sharpen their skills.
Professional Support and Multilingual Assistance
HYCM provides 24/5 multilingual customer support via:
- Live chat
- Phone
Support is available in English, German, Spanish, French, Italian, and more.
Conclusion – Is HYCM Right for You?
With over four decades of experience, top-tier regulation across the UK and EU, competitive pricing, and a comprehensive range of instruments and platforms, HYCM stands out as a broker of exceptional trust and capability.
Whether you’re a beginner looking for stability or a professional seeking low spreads and ECN execution, HYCM offers the tools, protection, and market access to help you succeed.
Open Your HYCM Account Today
Ready to experience the reliability and power of HYCM for yourself?
👉 Click here to open your HYCM account
💡 Start trading with as little as $100 or practice risk-free with a demo account.
