HYCM

HYCM

Min $20

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74% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
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8.7/10 (Expert Score)
Product is rated as #8 in category CFD Brokers
This HYCM review gives you all the key facts you need to decide if it’s the right platform for your trading requirements. Brought to you by Brokerage Compare.
Commissions & Fees
9.0
Offering of Investments
8.7
Platforms & Tools
8.5
Research
8.8
Customer Service
8.2
Education
8.7
PROS:
  • Min Deposit $20
  • CFDs Offered: Forex, Crypto, Stocks, Commodities, ETFs, Options & Indices
  • Credit/Debit card, Bank transfer, Electronic wallets
  • Web Trader, Mobile App, MetaTrader 4 & MetaTrader 5
  • Regulated by FCA and CySEC
CONS:
  • 24/5 Customer Service

HYCM Review


HYCM is as a multi-regulated broker with an impressive cumulative experience of over 40 years within the Group. Founded in 1998, HYCM has established a robust presence with offices spanning the UK, Cyprus, Hong Kong, and the UAE. The company boasts a team of over 100 employees dedicated to providing comprehensive financial services.

HYCM Fees Review



PROS:
  • Low Stock fees
  • Low Forex fees
  • No withdrawal fees

CONS:
  • Inactivity fees



Non-trading Fees

Account FeeDeposit FeeWithdrawal FeeInactivity Fee
NoneNoneIf less than $300 back to wire transfer, they charge a fee.$10 per month after 90 days of inactivity

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Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Trade with HYCM

Specification: HYCM

Max Leverage 500:1
Assets 300+
CFDs Forex, Stocks, Commodities, ETFs, Options, Indices
Customer Type Beginners, Experienced Traders
Country/Region UK, Europe, Australia, Middle East, Africa, Asia
Platforms MT4, Web Trader, Mobile App, MT5
Deposit Options Credit/Debit Cards, Electronic Wallets, Bank Transfer
Regulated by FCA, CySEC
Customer Service Phone, Email, Live chat, WhatsApp
Disclaimer 74% of retail CFD accounts lose money.

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