Trade with HYCM - Multi-Regulated Forex & CFD Provider Trade with a multi-regulated broker Providing trading services since * Open Live Account 40+ Forex Trade one of the world’s HYCM Malaysia offers simple types of Forex accounts that allow all trading strategies with negative balance protection. Spreads at HYCM are fixed and floating with no commission, HYCM Malaysia menawarkan jenis akaun Forex mudah yang membenarkan semua strategi dagangan dengan perlindungan baki negatif. Spread di HYCM adalah tetap dan terapung HYCM blogger.com: Australia: NA: Capital Com Australia Pty Ltd (No. ) Belarus: NA: Capital Com Bel: Cayman Islands: HYCM Ltd (No. ) NA: Cyprus (EU) HYCM HYCM LiteFinance Cayman Islands: HYCM Ltd (No. ) NA: Cyprus (EU) HYCM (Europe) Ltd (CySEC No. /14) Liteforex (Europe) Limited (CySec No /08) Saint Vincent and the ... read more
if you are fond of positional trading then fixed spreads also might be suitable. I used to be damaged and I used to be devastated on the look at which my cash disappeared , identical to a spell on me. OMG I used to be down and virtually loosing focus at work. Add advantage. The broker has no flaws. Add lack. HYCM regulation The broker is part of a global financial company with a good reputation. Leverage The HYCM leverage depends on the jurisdiction where the trading account was opened.
This means that each jurisdiction is subject to certain rules and laws, so depending on your residence, different leverage levels and trading conditions also apply: for accounts opened in Dubai, Cayman Islands, Saint Vincent and the Grenadines for international traders ; for traders from the UK and Europe.
HYCM trading accounts HYCM has three main types of accounts to meet the needs of any trader: Fixed. A Commission-free account with fixed spreads starting from 1. A Commission-free account with floating spreads starting from 1. Trading platform As a leading financial services provider, HYCM offers its traders advanced trading platforms.
Trading instrument HYCM specializes in providing trading services and offers a wide range of more than different financial instruments for trading Forex currency pairs, metals, energy resources such as oil and gas, commodities, indices, stocks, ETFs and cryptocurrencies.
Minimum deposit As for the minimum Deposit amount, its size depends on the selected account type. Conclusions HYCM brokerage company has a good reputationIU operates in the financial market and offers professional services to traders in accordance with the requirements of the strictest financial regulators. The year of Foundation Head office address 18 King William Street, London, EC4N 7BP United Kingdom Maximum leverage Min.
Show: All Neutral Positive Negative. Positive feedback from Yvilar. Neutral feedback from Vivek Mishra. good-looking website and clear platform. no need to research a lot, everything is as plain as the nose on your face. Positive feedback from Hujarn. This broker has changed the way I think of brokers.
I always thought brokers just wanted to make money off of me. I'm not saying Hycm doesn't, but he gives back a lot. The free education, multiple account types, bonuses, and the affiliate program as well; It is now a give and take. Positive feedback from Banyong C. Nice thing about HYCM is it have Metatrater 4 and 5 as the main trading platforms. It is well known and time proven. Positive feedback from Lorenzo V.
First of all, video is amazing! It perfectly shows mood and motivation of many traders! It seems to me that many traders can compare themselves to its characters.
But what was left out of video? What helped traders to achieve success? I am sure that only quality of brokerage services, their diversity and competent approach to trading in general. HYCM has it all. Broker has been working in financial markets not its first year, that's why it has great experience in brokerage services.
Look at trading conditions of each account type! They are perfectly balanced. Every trader can choose one or several account types and trade successfully on them.
Yes, HYCM reviews can be great way to motivate traders! Positive feedback from spiritRex. I've been with HYCM for a long time. And I want to say that during this time, I was convinced of services quality provided by broker. In this article advantages of this company are listed. And I am ready to confirm that all this is true. HYCM meets all criteria of reliable and professional broker. Positive feedback from ronyn. This article lists my broker's trading conditions.
I am sure that HYCM is reliable broker that offers excellent trading conditions, proven by time! Positive feedback from Nothack. I think HYCM' conditions is one of the best on market.
Tried a few brokers, but it can't be compared. Positive feedback from Jack Taylor. Neutral feedback from hedgred. Hycm is a decent place to start with. Positive feedback from roggal.
If somebody told me a year ago that I would be trding forex almost full-time, I would laugh at his face probably. Life can be so unpredictable at times. Positive feedback from Bizarred.
Regulation matters a lot, thus I try to choose only those companies which are well regulated and have licenses. This one is the example of such a company.
Positive feedback from Bartek Piotrowski. The broker is well-known for majority of old traders or investors. Even some of my friends use different hycm trading accounts. I prefer vip type to work better with big volumes and use lower and tighter spreads. So there are three account types with different conditions - fixed, classic, raw and vip. Dont forget about extra account - demo. Well, for many years I trade at metatrader 4 and it works smooth and stable here.
Extra options for mt4 are also available. In addition, HYCM Europe is individually registered with the following EU member states:. The Henyep Group was founded in as Henyep Gold Dealers and subsequently became a member of the Hong Kong Gold and Silver Exchange Society. In , Henyep Investments was at the forefront of the creation of CFD trading on energy and commodities. They were a founding member of the online stock trading platform Hotrade.
Henyep consolidated its capital markets investment brands in As a result, a multi-platform online trading website HYCM. com was launched. HYCM has their headquarters in London, United Kingdom, with other offices in Cyprus, and Hong Kong. Because HYCM is regulated within the EU, they are unable to offer sign-up promotions due to the Markets in Financial Instruments Directive MiFID. This has been introduced across the EU in order to protect traders with a more transparent approach to markets.
As a long-established and internationally regulated CFD broker , HYCM clients are assured of trading with a regulated trading platform. The popular MetaTrader 4 and MetaTrader 5 platforms, in desktop and mobile versions, are an added advantage when opening an account with HYCM.
Furthermore, traders who opt to sign up with HYCM have access to a diverse product offering including forex and a list of CFDs , from commodities to stocks and indices. Yes, HYCM is regulated by the Cyprus Securities Exchange SySEC , the Financial Conduct Authority FCA , the Cayman Islands Monetary Authority CIMA , and the Dubai Financial Services Authority DFSA. HYCM has been operating for over 40 years and is regulated in multiple jurisdictions.
See how clients are covered by the FCA and CySec. HYCM gives its clients access to the leading MetaTrader 4 and MetaTrader 5 online trading platforms. This includes state-of-the-art apps for mobile trading. Different minimum deposits may apply to Islamic accounts opened with HYCM. Withdrawing available funds from HYCM is done through Visa or Master Card, e-wallets, or wire transfer.
Minimum amounts depend on the withdrawal method. Credits : Original review written by Lawrence Pines. Major updates in Jan by Linda de Beer with contributions from the Commodity. com editorial team. Skip to content. Disclosure: Your support helps keep Commodity. com running! Learn more Contents What Is HYCM? Where Does HYCM Operate? What Can I Trade With HYCM?
HYCM Spreads and Fees HYCM Account Comparison HYCM Deposits and Withdrawals HYCM Trading Platform Review Customer Support and Security Can I trust HYCM? Two of their three real money accounts are commission-free. What's Good About HYCM? What Could HYCM Do Better? HYCM does not accept clients from the following countries: Afghanistan Albania Bahamas Barbados Belgium Botswana Cambodia Canada British Columbia, Quebec, Saskatchewan France Ghana Hong Kong Iraq Jamaica Japan Lao PDR Mauritius Myanmar Nicaragua North Korea Panama Sudan Syria Turkey Uganda USA Vanuatu Yemen Zimbabwe.
Disclaimer: Availability subject to regulations. See all HYCM CFDs on indices: US Index CFD US Index CFD US 30 Index CFD UK Index CFD Germany 30 Index CFD Euro 50 Index CFD France 40 Index CFD Italy 40 Index CFD Spain 35 Index CFD Japan Index CFD Hong Kong 50 Index CFD China H-Shares Index CFD China Index CFD China A50 Index CFD India 50 Index CFD Shanghai 50 Index CFD US US30 US UK EUR50 FRA40 GER30 AUS JPN NL25 SPA35 SWI US Oil Brent Oil Natural Gas Gold Silver Copper Cocoa Coffee Sugar Cotton.
Fixed and classic accounts are commission-free. No fees for other methods. Overnight Interest Applicable to rolling contracts. The fee depends on current interest rates, trade size and the open price of the trade. Fixed Classic Raw Min. Trade Volume 0. Yes Yes Yes Expert Advisor Available No Yes Yes.
This screenshot is only an illustration. Guess that's all what might be interesting to traders. I like that skrill can be used to deposit and withdraw my earnings. this is very convenient way for me! I am not making much money in forex yet so no commissions are charged for withdrawals. when I want to withdraw more money I will be glad to pay commission!
this would be good reward for broker. Opened classic account with HYCM few weeks ago. I decided to check trading conditions in practice. I always do that before depositing large sums of money in my account. I can say that trading conditions are fully consistent with description. Broker doesn't take any hidden commissions for trades. Everything is honest! hycm broker is my favorite one as the conditions here are the most attractive I have ever seen. Claim it without any hesitation and doubts.
It's preferable for traders to have a broker which would offer them several types of accounts, several platforms, interesting conditions concerning education and so on. Everything is mixed here and satisfies the most part of traders' wishes.
Nevertheless, I'd note one feature which I didn't really like - it's the sum of money required for withdrawing via wire transfers. From the leverage perspective, currency pairs, commodities and indices are the most profitable to trade at HYCM. Currencies trading at high leverage is a common ground of all forex brokers. Especially if we talk about brokers with the reputation and regulation like HYCM.
Some no name broker with no name regulation can have leverage of That would be cool to trade. Anyway, my point is, if you always wanted to trade these entities in a reliable environment, but never had enough capital, this is your chance to do it.
Most important is multi regulation, trading conditions and platforms and at least how variable markets and instruments you can use. Each trader has specific requirements but for me its more about comfort and focusing. I got so much joy trading at hycm so I have better results in the end. Hope you can feel it. HYCM Group has very long history. It has been in financial services market for many years. That is impressive experience which is fantastic. Investor Compensation Fund ICF and Financial Services Compensation Scheme FSCS allow CySEC and FCA customers to receive compensation in case of any claim against broker.
HYCM complies with European Union standards of trading conditions and safety. It is proved by MiFID conformity. International banking and financial standards protect the broker's trading platform and resources. It provides reliable protection of customers' personal data.
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You are using an outdated browser. Please upgrade your browser to improve your experience. If you are thinking of trading with HYCM then there is no doubt you have already taken a look at our in-depth HYCM review. This is the best place to start for all the information. Beyond that, we take a deeper dive here into specifics around the broker. In particular, we will look closer at the HYCM account types you have available, what they can offer, and what kind of trader may be suited to each one.
Here is a closer look at the many excellent types of accounts you can choose from when trading with HYCM. First up we have the demo account. This account is vital if you are starting out in the industry, or with a broker. It allows you to trade completely without risk , using virtual funds but replicating the features of the broker, and behavior of the real market.
It is a great way to learn and you will be under no obligation to make a live account deposit later. While the demo account is only valid for a 14 day period, there is no limit to how many you can create , so it is essentially unlimited. If you are interested to learn more, check out our HYCM demo account article for the complete lowdown. As the name suggests, this type of HYCM account offers fixed spread trading and is a good choice if you would prefer fixed spreads.
Over assets are available here with fixed spreads that start from 1. The minimum trade size you can work with here is 0. To learn more you should check out our selection of the lowest fixed spread forex brokers for more great choices. If you are interested in variable spread trading, then the HYCM Classic account can provide this and be an excellent choice for you.
In total there are again more than assets to choose from with this account and a very competitive starting spread from 1. The minimum trade size will also be 1 micro lot here, and no commission is charged on trades. The HYCM Raw account is available if you are looking for the very best HYCM spreads.
This account comes into its own with the spread. This starts from just 0. The minimum trade value remains low at 1 micro lot as with the other account types, and you will have access to the EAs feature that can help you with algo-trading and strategies.
A HYCM Islamic account type is available and you can access it for any of the accounts the broker offers including fixed, classic, and raw account types. There are no swap fees here and the account is fully compliant with Shariah Law. The broker also makes sure that there are no additional fees in place of the swap fee, and there are no restrictions on the available assets you can trade with this account type. If you need this account type, you can see our choice of swap free islamic forex brokers for some of the best around.
A VIP account type is available at the broker for some special clients like VIPs and corporate accounts. These are specifically reserved for clients trading actively and in higher volume. There are several advantages to be had and these help to create one of the best trading environments in the industry for VIP account holders.
The benefits can include improved spreads on fixed accounts , more comprehensive market analysis and analytical features, and your own dedicated account manager to name a few. A HYCM Professional account is available although it can only be accessed by some traders. If you meet two of the following three criteria , you may be approved. With 2 out of three of the above conditions met, you may apply for a professional account.
With this, you can gain access to higher amounts of leverage though you will lose certain protections offered to retail traders such as access to compensation under the FSCS program. Now that you have seen the different account types that are available, here is a closer look at exactly how to go about opening your HYCM account. The very best starting place will of course be a HYCM demo account. Once you have built up some experience of trading here, you will want to open up a live account.
Your first stop should be to visit the HYCM homepage where you can go ahead and start the process. This part of the process is typically fast and convenient, but it does need to be completed. It is common that you will need at least a proof of identity document with a passport or ID being the best choice, while you will also need proof of residence in the form of a bank statement that is recently dated.
These documents can be uploaded online and are all usually verified within moments so you are ready to fund your account. There are several methods available when it comes to making a HYCM deposit. These include using bank transfers, major credit cards that are Visa or MasterCard, and the use of eWallets like Skrill and Neteller, both of which are accepted. Below you will see a comparison of each account type.
HYCM offers several account base currencies. These are the USD, EUR, GBP, RUB, AED, and CAD. These can help you avoid any conversion fees. A HYCM bonus is available though only to traders under CIMA regulation. This means if you are trading under the UK or European broker entity, it will not be accessible. If this interests you, you may also want to visit our top 10 forex brokers with bonus and promotion for more great bonus offers.
When it comes to deposit and withdrawal fees, these are not charged at all from the broker side. What you may want to do though is double-check that your bank does not charge any.
You also should note that if you deposit a non-base currency, you may have to pay a small conversion fee. Anyway, as you can see below, the majority are processed very quickly. The only exception here can be a bank wire which could take up to 7 working days to process. Demo accounts with the broker will expire after days.
Since there is no limit though, you can just create a new one as many times as you wish. HYCM live accounts are considered inactive after 90 consecutive days of inactivity.
All you need to do though is make sure you log in and this will not happen. If your account has been closed you will have to contact customer support and ask whether or not they can reset your account or you have to create a new one.
In the unlikely event you want to close your HYCM account, you should first withdraw all of the funds. You should then make sure you have left no open trades with the broker before making contact with the support team and letting them know about your request to close. HYCM is a reliable and trusted broker.
HYCM further protects you by holding your funds in a segregated bank account and applying negative balance protection. In all, they have excellent regulation and are extremely trustworthy. If you really wish to close your HYCM trading account, the first thing you should do is withdraw all your funds and close any open positions.
Then you should email your account manager informing them of your request and follow their instructions. Your email address will not be published. Check our help guide for more info. Broker Search Comparison eToro vs Plus eToro vs Trading IC Markets vs Pepperstone Plus vs Trading IG vs Plus eToro vs XTB AvaTrade vs IG IG vs XTB eToro vs IG FBS vs OctaFx IG vs Pepperstone HotForex vs XM.
Admirals AvaTrade Axi Degiro easyMarkets eToro FBS FP Markets FXCM FxPro HotForex HYCM IC Markets IG OctaFx Pepperstone Vantage XM XTB ZuluTrade. ASIC CYSEC FCA IIROC MAS Australia Canada Malaysia USA UK cTrader MT4 MT5 Copy Trading Social Trading ECN Fixed Spread High Leverage Low Spread Market Maker Algo Trading Carry Trading Hedging Scalping Spread Betting.
MT4 MT5 eToro Plus IC Markets OctaFx FxPro AvaTrade eToro XM eToro ZuluTrade Darwinex Trading Plus eToro Pepperstone XM AvaTrade OctaFx eToro Pepperstone XM ZuluTrade Degiro. Broker Search Comparison Reviews Best Guides Compare List. Compare List. MINIMUM DEPOSIT. HYCM Account Types Reviewed Filippo Ucchino Last Updated: March 9 Min Read.
Table of Content. Return To Top. HYCM review. About The Author Filippo Ucchino Co-Founder - CEO - Broker Expert. Filippo is the co-founder and CEO of InvestinGoal.
He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in and then became interested in the whole fintech and crypto sector. Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector. HYCM Account Types Reviewed Related Guides. March 5 Min Read.
May 5 Min Read. Leave a Reply Your email address will not be published. Better Informed Find and Compare The Best Online Broker For You Help Me Chooose Use Advanced Search. Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work.
Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk.
HYCM Malaysia offers simple types of Forex accounts that allow all trading strategies with negative balance protection. Spreads at HYCM are fixed and floating with no commission, HYCM Malaysia offers simple types of Forex accounts that allow all trading strategies with negative balance protection. Spreads at HYCM are fixed and floating with no commission, HYCM blogger.com: Australia: NA: Capital Com Australia Pty Ltd (No. ) Belarus: NA: Capital Com Bel: Cayman Islands: HYCM Ltd (No. ) NA: Cyprus (EU) HYCM HYCM Getting Started About Us Our offices Global representation HYCM has offices in the United Kingdom, Hong Kong, and Cyprus, ensuring our clients are trading with a solid and HYCM Mobile is available for Apple and Android mobile devices. Trading instrument. HYCM specializes in providing trading services and offers a wide range of more than different financial instruments for trading Forex currency pairs, metals, energy resources such as oil and gas, commodities, indices, stocks, ETFs and cryptocurrencies Trade with HYCM - Multi-Regulated Forex & CFD Provider Trade with a multi-regulated broker Providing trading services since * Open Live Account 40+ Forex Trade one of the world’s ... read more
Traders must provide the following documents to HYCM within seven days of opening an account:. Open real account with HYCM View contract specifications. When it comes to deposit and withdrawal fees, these are not charged at all from the broker side. Positive feedback from Filip Novak. Everything works, tons of indicators, intersting conditions on several accounts. I didn't notice any issues.To be honest, I am very pleased with the work of this company, hycm malaysia. Traders seeking a regulated and transparent broker that offers its clients hycm malaysia to over forex and CFD instruments may find HYCM suitable. Positive opinion Alpari. They were a founding member of the online stock trading platform Hotrade. Credits : Original review written by Lawrence Pines. It opens with four charts which traders can customize and configure each with unique indicators and technical analysis tools, hycm malaysia.