HYCM is an STP Forex broker and part of the vast financial group Henyep Capital Markets Ltd, which was founded back in 1978. HYCM is regulated by FCA UK and maintains its headquarters in London, UK.

 

HYCM Basic Features

The minimum deposit to open an account with HYCM is just $50 and you may fund your account via Cards, PayPal, Skrill, WebMoney, or Bank Wire. The HYCM offers a very wide asset index. As concerns trading platforms, HY offers a great variety of trading platforms including two versions of MT4, the HY WebTrader, mobile traders, and the Institutional-grade HY Pro Platform which is powered by Currenex.

 

HYCM VIP Services

HYCM offers VIP customer services for all its clients holding a balance of $5,000 or more. That is particularly interesting because with just $5K you may enjoy a dedicated account manager and 24/5 customer support that includes any assistance you may need. Furthermore, you may use the institutional-grade HY Pro platform which is designed for professional trading and which is powered by the famous Currenex service.

• Foundation: 2007 (group foundation 1978)
• Headquarters: London, United Kingdom
• Regulation: FCA (United Kingdom)
• Fund options: Bank wire, Cards, PayPal, Skrill, WebMoney
• Minimum account size: $50
• Leverage: 1:30
• Hedging: Yes
• Scalping: No
• Minimum Spread: 0.5 pips (Pro)

 

Four (4) HYCM Account Types

(1) HY Mini Account

The HYCM Mini account is the best choice for beginners who are new to the market.

• The minimum account is $50
• The minimum spread when trading Forex is 1.8 pip

(2) HY Standard Account

The HYCM Standard account is designed to meet the needs of the average trader.

1. The minimum deposit is $750
2. The minimum spread when trading Forex is 1.8 pip

(3) Premium Account

The HYCM Premium account is designed for advanced traders who need VIP customer service.

1. The minimum deposit is $2,500
2. The minimum spread when trading Forex is 1.8 pip

(4) HY Pro Trader Account

HY Pro account can meet the needs of professional and institutional Forex traders. The HY Pro platform offers interbank pricing and liquidity driven by global Tier-1 banks. The order execution is pure STP and the minimum spread is just 0.5 pip. HYCM provides also VIP customer service on a 24/5 basis.

1. The minimum deposit is $5,000
2. The minimum spread when trading Forex is 0.5 pip

 

 

■ HYCM Accounts

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