HYCM is the Forex brokerage subdivision of Henyep Group. The organization’s head office is situated in London, with several branches in different countries. The history of this dealer began in 1977, when it was known as HY Markets.

Over the years, the company has built a well-founded image with its clients, as a trustworthy broker with a diversity of mercantile instruments.

Key Features of HYCM

The firm has won a variety of trophies, such as “Best FX Broker Middle East – 2017” and “Best Retailing Platform – 2015”. Bearing the title of “the online broker of choice”, it attracts millions of securities dealers from all over the world with each passing day. The average execution time here is less than 12 ms, which is really impressive.


People select this website due to its outstanding merchandising opportunities, including the following:

  • The system features more than 40 currency pairs, as well as precious metals, oil, stock indexes, and exchange goods for your profitable capital formation and vending.
  • Here, you can access MT4 with an extensive selection of high-end instruments for advanced proximate investigation, trade strategy modeling and trialing.
  • There is a cognitively simple mobile app, which lets people monitor the pipelines, manage their positions, sell and purchase assets at any time and from any place.
  • The system offers users a helpful Educational Section with live seminars, webinars, and a knowledge base for Forex trade training.
  • This courtier doesn’t charge a brokerage fee for money inputs and for the outputs that don’t exceed $300.
  • It is one of the most respectable organizations in the Forex business line, which can boast a 40 years of experience, an outstanding dealing background, and an impressive number of clients.

Account Types

With HYCM, you can select one of the below service plans:

Fixed. In this package, the spreads are fixed; they start from 1.8 pips. The minimal deposit is $100 and the trade volume begins from 0.01.

Classic. Featuring the variable spreads from 1.2 pips, this sort of account lets market experts apply to the services of a personal expert adviser.

HYCM 15 Global Awards

Raw. Here, the raw spreads start from 0.2 pips plus $4 per round. The smallest deposit is $200 and the services of an expert adviser are accessible at any time you need.

There is also a demo account for the users, who don’t feel confident enough in merchandizing and want to gain some experience without ‘real money’ loss. For VIP users and Corporate clients, the courtier provides special service plans with larger dealing volumes. In order to select the most suitable package for your personal needs, you can apply to the specific testing on the official site of HYCM.

All in all, the broker is trustworthy and loyal for both seasoned market experts and those, who are just entering the Universe of Forex.




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17/05/2021 Reply

Please, help me to find out one thing. I met this platform not long ago and still may miss a thing, but recently Ive noticed some charges from my deposite account, and I dont really get where it comes from. The general experience was really good, but such detail makes me nervous…


14/01/2021 Reply

Unfortunately that s not the first source i was scammed but nobody did it as shamelessly as here the tools couldn t load properly the platform could break at any moment and they spit right in your face by talking with administration that deleted my acc with opened investments in it thank you very much for another painful experience


21/06/2019 Reply

No good office, lie no deposit bonus i registered super forex claims ad bonus but no ad tell me pay or call 3 friends only give no deposit bonus scam, scam fraud not recommend


08/06/2019 Reply

Suits for the experienced traders. With this broker you can open transactions with currency, metal, stocks, commodities. Several withdrawal methods are offered at zero fee. In general, the broker is for more experienced traders.


30/05/2019 Reply

Pricing is generally affordable, except some slippage incidents. It’s a usual practice for broker to make some technical changes without notifying you beforehand, which forces me to change my password frequently. Their mt4 platform is much improved: no connection issues during crazy volatility. Customer support has a tendency to give standard, simplified answers to my inquiries without explaining properly as if they are trying to hide something. It won’t hurt for the broker to be more transparent and sincere with those who bring them solid money – their clients.


05/04/2019 Reply

The best variant I'm trading wth this broker from the very beginning. I've been choosing carefully and hasn't made a mistake. This one gives me comfortable conditions of trading: many trade instruments, user friendly platform, favourable terms (especially of opening an account — there is no minimal deposit, so I had an opportunity to start with a limited budget).



Min. deposit




EURUSD spread



MetaTrader 4, Meta Trader 4 Mobile

Year of foundation