HYCM Discussion
- Website: hycm.com
- Founded: 2006
- Headquarter: 18 King William Street London, EC4N 7BP, United Kingdom
- Regulation: FCA (#186171) • CySEC (259/14)
| International offices | Cyprus, Dubai, Kuwait, Hong Kong, Cayman Islands |
| Broker Type | Market maker |
| Broker Status | Independent Broker |
| Accept U.S Clients |  |
| Live Chat |  |
| Phone | +44 – 208 – 816 – 7812 |
| [email protected] | |
| Website Languages | Arabic, Chinese |
Account Information
| Free Demo Account | |
| Min. Deposit | $100 |
| ECN account | |
| Account Currencies | USD |
| Maximum Leverage | 200:1 |
| Minimal Order Volume | 0.1 |
| Segregated accounts | |
| Swap-free Accounts | |
| MAM/PAMM accounts | |
| Managed account | |
| Interest on margin | |
| Deposit/ Withdraw Options | Bank Transfer, Visa/ Mastercard, WebMoney , Skrill, Neteller |
Trading Terms
| Trading Platforms | |
| Precision pricing | 4 digits / 5 digits |
| Type of Spread | Fixed / Floating |
| Commission | $4 per round |
| Lowest spread on EURUSD | 1.2 – 1.8 |
| Scalping | Monitored. |
| Hedging | |
| Expert Advisors | |
| Mobile Trading | |
| Web Trading | |
| Gold, Silver | |
| CFDs | |
| Cryptocurrency Trading | Bitcoin • Ethereum • Litecoin • BitcoinCash • Ripple |
| Other Trading Instruments | Stocks • Indices • Commodities • Energies |
| Promotion & Contest | |
Paolo says
Didn’t know yet that HYCM is available in Spain. Espanol site is okay, found few translation mistakes, but in general its fine. Mt4 is still in English tho, dont know if its possible to do anything with that. Anyway, the company works fine. Withdrawal is working for spanish traders, so i m in
BubleTrump says
Two of my friends trade here for 13 years so far, so the broker itself is enough reliable to open account. Doesnt work for US clients, for europeans everything’s okay
Mark says
this broker is regulated by FSA and MIFID so in europe (i live in GB ) HYCM is one of top brokers, guess there should nt be problems with trading stocks
LarmaxPolinehier says
HY Markets is the only company, whos emails I do not delete) Very smart and accurate analysis, hope their analytical team will not disband one day and they will contnue to work like that
Nordic says
Would like to see lower spread on eur/usd, the rest of conditions is pretty fine
Ponybetrayer says
Are there any commissiona on withdrawal here? My current broker takes around 10%((
marques says
Probably one of the most fastest growing broker, hope to see the same picture in 3-5 years
Donskey says
Was surprised by a high qualification of customer support, cool that guys here are former or current traders and know all terminology and stuff
Samuel says
Bonus money give a good chance to raise a starting capital, sad that I cant register second time
Bunny says
My review is positive, didnt find any disadvantages while opening account, trading and withdrawal. Everything i tested worked great!
Mussy says
Didnt have any connection issues or withdrawal delays for the past 2 years. For now HY Markets is one of the most stable brokers in the market
Nevil says
My yesterdays earnings are about 56$, today 71 so far. So its a good time to trade i guess and HY is a good company to trade through
Dustin says
Never knew HY is that old, i found this company about a year ago and that time they were like top 3 EU brokers
Notorious says
One of eldest brokers I know, I trade with hy markets since 2001, I guess they are about 20-30 years in the market so far
Newbie says
What I miss in HY Markets is a step-by-step system of recommendations or lessons for newcommers. This could help us to improve much faster
Binary_guy says
Found a nice way to combine daily analysis by HY Markets and binary options, earned some for sweets on this strat so far)
Bonor says
I was pleasantly surprised at the novelty of the broker – MT mobile app! Very helpful and nice thing.
Wilkins says
HY Pro is definetely a very good solution for a forex trader, who wants to develop himself in stocks and other tools. Wish to see binary platform integrated in HY Pro one day
Molly says
Agree about spreads, especially on unpopular currency pairs
but still, not crusial
Marcus says
Spreads are quite high, but the execution speed is pretty fast so I don’t feel much troubles
Perspective says
HY Markets doesnt have regular promotions and contests for traders, but they offer good trading conditions and fine processing
Caboom says
Well the company with 20+ years history just cant be a scum. Today hy keeps very strong positions on the market and in arabic world they dont have serious competitors
Kermit says
Unfortuanetely for me company doesnt have much education resources, but stil its very comfortable to trade with. They give the biggest variety of trading instruments among all companies and thats great. I wish them to have more education courses for beginners!
Juli says
I m from Ukrain (european part) and dont suffer any troubles with HY
YjZZz says
tryed out web version of HY MT4 for the first time, amazing function, allows to work without software on the computer
Brett says
Will hy markets still provide services to ukranian clients after this political conflicts?
Vigas says
Had a small slippage yesterday, about 2 pips, dont know if it is a broker’s fault
Beshop says
i see they have FSA license, it impresses, but can i trade with HY if i am Belorussian? its not Europe actually..
Olsen says
well, there are some brokers with better conditions today, but HY is really trusted and this is more important
James says
I had chosen this broker because they are regulated, and seems to be stable -more than 30 years of experience, strict regulation. Trading terms been improved recently: I am trading on EUR/USD -their spreads 1.8 pips. Withdrawing profits without any problems.
Dereck says
Want to thank HY customer support service for quick solving my request, hope all companies work like that
Denis says
The regulations really impress.. One of most serious companies on the brokerage market today i think