HYCM

HYCM Overview

HYCM is a multi-regulated broker who provides trading services to customers around the world since. They offer a wide range of instruments that can be traded across various markets like Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. They have earned themselves the status of one of the top companies in the field of FX as well as CFDs.

HYCM has more than 40 years of experience and has been regulated within the UK since 1998. They process up to 25,000 orders every day, with quick execution and 24/7 customer service with personal account managers on hand. There are more than 300 trading instruments that can be traded across six asset classes, with raw spreads starting at 0.2 pip as well as an average execution time of 12 milliseconds.

HYCM place a significant emphasis on offering excellent trading conditions that include vast liquidity pool, fast trade execution, extremely tight spreads, and low trading costs. They use the most recent technologies to provide to the ever-changing demands of traders.

HYCM have won more than 15 international awards in their trading and trading services such as the Best Foreign Broker, Europe 2018 and Best Forex Broker, UAE 2017. They have gained the status of an industry leader and be among the top most popular brokers online for traders across the world.

HYCM have a strong background because they belong to the Henyep Capital Markets Group, which is an international conglomerate, with companies in property, financial services education, and charitable. They have a number of charities and causes, including Operation Smile, Hong Kong AIDS Foundation and The Community Chest of Hong Kong. Henyep’s headquarters are within Hong Kong’s Central business district and has Regional offices located in London, Dubai and Limassol.

HYCM Regulation

HYCM is licensed through two highly trusted authorities. This gives customers the assurance that they’re dealing with a reputable and trusted broker. HYCM is licensed and monitored under the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC)..

HYCM Countries

HYCM are subject to some regional restrictions. They don’t provide services to people living in specific jurisdictions like Afghanistan, Belgium, Hong Kong, Japan, the United States of America and certain other regions. Certain HYCM features and products that are mentioned in this HYCM review might not be accessible to traders in certain countries due to restrictions imposed by law.

HYCM Platforms

HYCM provide traditional MetaTrader platforms. Many trading brokers utilize the platforms that make them among the most well-known options. MetaTrader was designed by the Software company MetaQuotes and continues to expand throughout the years, becoming the most preferred platform for traders who are new to trading.

Mobile Trading Apps

The possibility of trading on mobile devices is available using the MetaTrader application for iOS or Android devices. This is helpful for those who plan to trade while on the move. You can manage, open and close your orders with total control of the account you have opened from your tablet or phone. The MetaTrader apps offer many of the features that are available on the desktop application. It’s very user-friendly with a straightforward layout and a modern interface that allows rapid and simple trading within your fingers.

Economic Calendar

You can track market events using the easy-to-use economic calendar that can be organized by category, country as well as impact, dates and many more. The calendar is regarded by many experts to be an essential element of fundamental analysis.

HYCM Support

HYCM has a highly skilled worldwide customer service team that is 24/7 available to help. They are happy to answer any questions you may have and are there to assist you from the initial inquiry throughout your journey to trading. Customer support is offered via chat online, telephone and email.

HYCM Summary

HYCM is a prestigious global online broker that is subject to strict regulations and has been offering customers with financial services for more than 40 years. They have a broad selection of instruments that can be traded across various markets. The execution speed and spreads are extremely competitive. There are accounts for trading that meet every trader’s requirements. There are a variety of funding options available and there is a customer service available to assist. The charitable work done by Henyep Capital Markets Group Henyep Capital Markets Group is extremely admirable and helps emphasize the importance of ethical business conduct.

CFDs are complicated instruments that carry a risk of losing money quickly because of leverage. 79 percent of accounts with retail investors have losses when trading CFDs through this company. You must consider whether you know the process by which CFDs function and if you are able to afford the risk of losing your funds.