HYCM

About HYCM

HYCM is part of the Henyep Group, with roots dating back to 1977, and is headquartered in London, United Kingdom. It is a multi-regulated broker offering forex and CFD trading on MetaTrader.

The broker holds authorisations from the UK's FCA, Cyprus's CySEC, Dubai's DFSA and the Cayman Islands' CIMA, giving it a strong multi-regulatory footprint.

Trading is available on MetaTrader 4 and MetaTrader 5 across forex, indices, commodities, shares, metals and crypto CFDs, with a minimum lot size of 0.01. Account types include a Fixed account with set spreads and a Raw account offering EUR/USD spreads from around 0.2 pips plus a per-lot commission. Retail leverage is capped at 1:30 under the FCA and CySEC, with higher leverage available through non-EU entities.

HYCM suits traders who value a long-established, multi-regulated broker with a choice of fixed, classic and raw account types, though it offers no proprietary desktop platform beyond MetaTrader and inactivity fees may apply. It holds a FinPip rating of 4.2 out of 5.