HYCM

HYCM is a forex broker that offers the MT4, MT5, and Mobile trading currency platforms. With over 30 currency pairs, cryptocurrencies, indices, stocks, commodities, ETFs, and CFDs, HYCM provides a wide range of investment and trading options for individuals.

Broker Details

• Minimum Trade Size: 0.01
• Maximum Leverage: 500:1
• Minimum to Open Live: $100
• Established: 1977
• Address: 18 King William Street London, EC4N 7BP, United Kingdom
• Contact: [email protected], 357-25-24-5751
• Regional offices:
• Regulators: CIMA #1442313, CySEC #259/14, SFC #AAD534, SVGFSA #252228, DFSA #F000048, FCA #186171
• Prohibited countries:

Trading Platforms

• MT4
• MT5

Web Trading: ✓ Yes

Mobile Trading: ✓ Yes

Currencies

Trading Instruments:

• (65 )

Cryptocurrencies

• (10 )

CFD

(300 ) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Other Commodities

Trading Conditions

Managed Accounts & Social Trading

MAM: ✓ Yes

PAMM: ✓ Yes

Deposit Methods

Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Neteller, Skrill

Withdrawal Methods

Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Neteller, Skrill

Pros and Cons

Pros:

• Wide range of trading instruments
• Multiple trading platforms available
• Managed accounts and social trading options
• Diverse deposit and withdrawal methods

Cons:

• No information provided on prohibited countries

FAQ

Is HYCM a reliable forex broker?

HYCM has been in operation since 1977 and is regulated by multiple authorities, including CIMA, CySEC, SFC, SVGFSA, DFSA, and FCA. This indicates a level of trustworthiness and adherence to industry standards.

What trading platforms does HYCM offer?

HYCM offers the popular MT4 and MT5 trading platforms, providing traders with a variety of tools and features for efficient trading.

Can I trade on HYCM using my mobile device?

Yes, HYCM offers a mobile trading platform, allowing traders to access their accounts and trade on the go.

What are the minimum deposit requirements for opening a live account?

The minimum deposit required to open a live account with HYCM is $100, making it accessible for traders with different budget sizes.

What are the available deposit and withdrawal methods?

HYCM supports various deposit and withdrawal methods, including bank wire (bank transfer/SWIFT), VISA, MasterCard, Neteller, and Skrill.

Safety Check

HYCM is regulated by reputable authorities such as CIMA, CySEC, SFC, SVGFSA, DFSA, and FCA. This ensures that the broker operates within established guidelines and standards, providing a level of safety for traders' funds and personal information.

Users are encouraged to leave their feedback about their experience working with HYCM on the forexroboteasy.com website.

Please note that this is an independent review about HYCM, and the text is written in the third person to maintain objectivity. The review does not provide any recommendations or conclusions about the use of HYCM.