Hycm Review Is A Popular International Broker And The Oldest Uk Broker With 40 Years Of Experience. They Have Won 20 Awards In Total And Are A Popular Broker Choice Among New And Experienced Traders With Low Spreads And Both Fixed And Variable Spreads On Offer. Hycm Operates Offices In Cyprus And Hong Kong And The Broker Is Regulated By The Fca, Cysec, Cima, And The Dfsa. In This Hycm Review, The Expert Investingoal Team Have Looked At All The Important Areas Of The Broker That Can Impact Your Trading Experience Including Minimum Deposits, Account Types, And Asset Selection.
HYCM Company Details
| Headquarters | London |
| Regulation | FCA |
| Platforms | Metatrader 4 And Metatrader 5 |
| Demo Account | Available |
| Minimum Deposit | $100 |
| Base Currencies | USD, EUR, GBP, RUB, AED and CAD |
| Instruments | Forex, Stocks, Indices, & Commodities |
| Payments Methods | Debit Card, Credit Cards ,Visa , Mastercard, Skrill, Neteller, Union Pay, Interac And Wire Transfer |
| Customer Support | 24/5 |
HYCM Accepted Countries
Accepted Countries Of HYCM Are Nigeria , United Kingdom And Singapore.
HYCM Pros And Cons
Hycm Offers A Huge Choice Of Pros And Cons Which Is Comprised Of 69 Currency Pairs, 28 Indices, 10 Commodities, And 10 Stocks. Trading In Etfs And Cryptocurrencies May Also Be Available Depending On Your Location. You Will Also Find That The Spread On Trading Forex Can Be Very Competitive, Which Starts From Just 0.2 Pips On Major Forex Pairs With A $4 Round-turn Commission. This Can Be Very Attractive To Any Potential Hycm Customer.
PROS
CONS
- 1. Unlimited Amount Of Time
- 2. Starting From $10
- 3. Low Spreads
CONS
- 1. Fees On Withdrawals Are Quite High
- 2. A Limited Number Of Asset Available
- 3. A minimum deposit of $500
HYCM Accounts Types
Hycm Provide A Number Of Account Types, Which Includes Classic, Raw And Islamic Accounts. The Classic Account Is Our Most Popular Account Type Which Provides A Tight Fixed Spread On A Large Range Of Fx Pairs Along With The Ability To Use Eas. The Raw Account Allows Our Clients To Access Minimum Spreads From 0.2 Pips, While Still Providing The Ability To Use Eas And Trading Over 175 Instruments. Hycm Also Offers An Islamic Account That Allows Its Clientele To Trade In Accordance With Shariah Law, Meaning That There Will Be No Overnight Swap Or Rollover Charges
| Classic Account | Yes |
| Raw Account | Yes |
| Islamic Account | Yes |
HYCM Registration
HYCM Platform & Tools
When It Comes To The Availability Of Charting And Trading Tools, You Will Find Many Through The Hycm Trading Platforms Provided. These Mt4 And Mt5 Platforms Are Well Known As Having Some Of The Most Well-resourced Selections Of Charts And Tools. There Are In Excess Of 50 Charting Tools At Your Disposal Across These Trading Platforms Alongside Excellent Indicators And Charting Capabilities.
| Metatrader 4 | Yes |
| Metatrader 5 | Yes |
| Mobile | No |
| Web | No |
| Desktop | No |
| Ctrader | No |
HYCM Copy Trading
Hycm’s Social Copy Trading Service Allows You To Integrate Third-party Strategies Directly Into Your Platform, Giving You The Chance To Benefit From An Automated System That May Help Improve Your Trading. However, There Is No Professional Support Available For The Strategies Provided Through This Platform, Nor Any Guarantee Of Their Effectiveness.
HYCM Copy Trading Features
- You Can Utilize The Popular Eas Feature Within Your Trading Platform.
- Trading Indicators Are Updated In Real Time.
- Very Well-respected Platforms.
- Multi-device Access Via The Mt4 And Mt5 Trading Platforms
HYCM Deposits
Hycm Has A Wide Range Of Deposit Methods Available Depending On The Country You Live In. These Include Bank Wire, Credit And Debit Cards Including Visa And Mastercard, E-wallets Such As Neteller And Skrill, Webmoney And China Union Pay, Plus Virtual Cards Such As Astropay. If You Need Any Help With Your Deposit Requirements Please Contact Hycm’s Dedicated Customer Service Team Who Will Be Happy To Assist You.
| Skrill | Yes |
| Neteller | Yes |
| MasterCard | Yes |
| Visa | Yes |
| Credit Cards | Yes |
| Union Pay | Yes |
| Wire Transfer | Yes |
HYCM Withdrawal
Hycm Withdrawal Is A Fast And Efficient Way To Transfer Cash To Your Account – With Same Day Processing, And No Fees In Sight. You Can Choose From A Range Of Withdrawal Methods And These Include Bank Wire, Credit And Debit Cards (Visa Or Mastercard), Ewallets (Neteller, Skrill), Webmoney, China Union Pay, Interac, And Virtual Cards.
HYCM Minimum Deposit
When You Create An Account With Hycm, You Will Have To Make A Minimum Deposit. This Varies Depending On The Type Of Account. You Can Trade With A Fixed Spread In The Classic Account, Or Obtain The Unrivalled Trading Conditions In The Raw Interbank Account For Those With A $200 Initial Deposit.
HYCM No Deposit Bonus
HYCM Does Not Provide No Deposit Bonus.
HYCM Promotion
HYCM Does Not Provide Promotion.
HYCM Customer Service
For Traders Looking For The Best Service, Hycm Provides A Stellar Support Team And 24 Hour Customer Service That Is Available By Email, Phone, Web-based Live Chat, And Can Be Contacted For Over 15 Languages. Prior To Contacting Their Support Team Directly, You Can Consult With Their Detailed Faq Section For The Answer To Many Of The Most Common Questions You May Encounter.
HYCM Contact Details
- [email protected]
- [email protected]
- +44 2088167812
HYCM Review Conclusion
In Conclusion, Hycm Is A Trusted, Established, And Award-winning Broker That Is Well-known For Offering Their Clients Low-cost Trading, Regardless Of The Account Type. Hycm Has All The Characteristics Of An Advanced Broker And A Powerful Platform With An Award-winning Reputation And We Believe You Will Have A Great Trading Experience At Hycm.
