HYCM offers strong global customer support through multiple channels and strategically located local offices. While weekend assistance is unavailable, most traders benefit from timely help, with clear lines for account queries and complaints. HYCM offers an impressive and well-structured range of global markets with high leverage, competitive spreads, and full platform integration. Whether you’re into Forex scalping or long-term stock trading, HYCM gives you the tools and access to trade confidently in fast-moving markets.
Can I open an account outside of UK hours?
- It’s perfect for long-term investors focused on building a diversified, cost‑effective portfolio without leveraging or complex instruments.
- At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers.
- Watch everything directly in the app or enjoy it offline, and discover the best of what’s on in the Watch Now tab.
- While weekend assistance is unavailable, most traders benefit from timely help, with clear lines for account queries and complaints.
- He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry.
Trade CFDs across five asset classes, benefit from 21 timeframes, and enjoy full mobile functionality, all within a fast, intuitive ecosystem. HYCM stands out as a well-established, globally regulated broker with a solid reputation. Its low spreads, fast trade execution, and wide instrument range make it a reliable option for serious traders seeking both performance and peace of mind. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables.
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Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.
Platform availability
- Stay tuned into what’s moving the markets and uncover the reasons why.
- Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- Yes, based on your detected country of FI, you can open an account with this broker.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Traders on forums like Forex Factory and Forex Peace Army commend HYCM’s platform reliability and support responsiveness, though a few report withdrawal delays and issues with profitable trades.
HYCM INVEST demystifies stock investing by offering fractional shares from $10, zero commission, and dividend income on 1,000+ companies. It’s perfect for long-term investors focused on building a diversified, cost‑effective portfolio without leveraging or complex instruments. HYCM INVEST allows commission‑free trading, so you buy and hold shares without paying transaction fees, allowing you to fully benefit from gains and dividends. You can start building your equity portfolio with just $10 by purchasing fractional shares of popular companies, making stock investing highly accessible.
Is HYCM safe to trade with, given its regulation?
HYCM’s promotions enhance the trading experience by offering cash rewards and bonuses. Traders can earn up to $200 for each friend referred, receive deposit bonuses, and enjoy zero fees on deposits and withdrawals, boosting their trading potential with minimal costs. Yes, HYCM allows full mobile trading through MetaTrader 5 apps on Android and iOS. You can open, manage, and close trades on the go, ensuring full control of your portfolio from anywhere in the world.
HYCM provides access to Forex, stocks, indices, cryptocurrencies, and commodities. Traders can diversify across 300+ instruments using a single account while enjoying competitive spreads and institutional-grade platforms like MT4, MT5, and HYCM Trader. HYCM delivers a platform for every trader, whether you prefer the classic reliability of MT4, the advanced features of MT5, or the sleek simplicity of the HYCM Trader app. With over 300 tradable instruments and full mobile compatibility, HYCM ensures you’re always ready to trade.
Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies hycm review at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Its original and main focus was music, with a library offering organization and storage of Mac users’ music collections. From 2005 on, Apple expanded its core music features with support for digital video, podcasts, e-books, and mobile apps purchased from the iOS App Store. Since the release of iOS 5 in 2011, these devices have become less dependent on iTunes, though it can still be used to back up their contents. Visit the iTunes Store on iOS to buy and download your favourite songs, TV shows, movies and podcasts. You can also download macOS Catalina for an all-new entertainment experience on desktop. Your library will transfer automatically to the new Apple Music, Apple TV and Apple Podcasts apps.
Powerful Trading Platforms
Whether you want fixed spreads, low-cost raw pricing, or swap-free options, HYCM ensures flexibility without sacrificing quality or platform access. HYCM Capital Markets offers three main account types — Fixed, Classic, and Raw — each requiring a minimum deposit of $20. The Fixed account features consistent spreads starting from 1.5 pips, while the Classic account provides variable spreads from 1.2 pips.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. However, intermediary banks or blockchain networks may impose their fees, which can slightly reduce the amount received. Spreads can start from as low as 0.1 pips on the Raw account under normal trading conditions. During the midnight session (8 pm–6 am GMT), spreads may widen, especially on Fixed accounts, due to lower liquidity. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
HYCM complements these offices with multilingual 24/5 live chat, email, and phone support. Their global footprint ensures local presence with consistent, high-quality trading assistance. These community voices generally affirm HYCM’s strengths in tech and service, while urging caution around account location choices and occasional execution nuances. Overall, HYCM receives commendation for its regulatory standing and toolset, with occasional user frustrations over cost and service inconsistencies. HYCM scores a solid average of around 4 out of 5 across major review sites, reflecting strong trust and reliability, though complaints around spreads and withdrawal hiccups persist. ¹ HYCM does not charge, but intermediary banks may.³ Network fees may apply depending on the cryptocurrency.
That said, HYCM offers a narrow range of symbols to forex and CFD traders and does not accept clients in the EU anymore following the renunciation of its Cyprus license in June 2024. ITunes is a media player, media library, and mobile device management (MDM) utility developed by Apple. It includes options for sound optimization and wirelessly sharing iTunes libraries. HYCM offers a solid trading foundation backed by 40+ years of experience and FCA 🇬🇧 / DFSA 🇦🇪 regulation. With MT4/MT5 access, varied account types, and broad market coverage, it suits many traders, though fixed account spreads and limited currency options may be a drawback. HYCM’s 20 USD minimum deposit and a broad selection of accounts make it a broker for every trader.
Stay tuned into what’s moving the markets and uncover the reasons why. The developer, Apple, indicated that the app’s privacy practices may include handling of data as described below. Download earlier versions of iTunes to work with compatible operating systems and hardware. Yes, HYCM is regulated by reputable authorities, including the 🇬🇧 FCA (Financial Conduct Authority) in the United Kingdom and the 🇦🇪 DFSA (Dubai Financial Services Authority) in the United Arab Emirates.
Upload your identification document (e.g., passport or national ID) and proof of address (e.g., utility bill or bank statement). HYCM typically verifies accounts within a few hours to one business day. Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust.
HYCM requires a minimum deposit of $20 across all payment methods, including bank transfers, credit cards, and cryptocurrency, making it accessible for beginners and experienced traders alike. HYCM powers the industry-leading MetaTrader 4 (MT4) platform, trusted by millions for its speed, stability, and trading tools. With CFDs across 5 asset classes, full mobile access, and advanced automation features like Expert Advisors, MT4 caters to beginners and pros alike. The latest entertainment apps now come installed with the latest macOS. Upgrade today to get your favourite music, movies, TV shows and podcasts. You can join Apple Music and stream — or download and play offline — millions of songs, ad‑free.
HYCM offers a hassle-free deposit and withdrawal process with low minimums, fast processing, and zero fees from their end. With support for bank transfers, credit cards, and crypto, traders enjoy flexibility, speed, and transparency, all backed by strong client fund protections. You can use MetaTrader 4, MetaTrader 5, or the proprietary HYCM Trader app on iOS and Android to trade anywhere, with fast execution and full control over your portfolio. HYCM Trader is a next-gen mobile app that empowers traders to access over 300+ assets from one account.