HYCM - Rating and Review 2020

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Company | HYCM Limited |
Foundation | 1977 |
Country | United Kingdom |
Payment options | Bank Wire, Visa/Master Card, Webmoney, Skrill, Neteller, |
Minimum account size | 0.01 |
Minimum position size | $100 |
Leverage | 1:500 |
Spread | Low |
Regulation | - Regulated under the Financial Conduct Authority with reference number 186171;
- Regulated under the Cyprus Securities and Exchange Commission under license number 259/14;
- Regulated under the Cayman Islands Monetary Authority under reference number 1442313;
- Regulated by the Dubai Financial Services Authority with license number 000048. |
Website | www.hycm.com |
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Advantages
- Broker Type : ECN/STP.
- Platforms: MetaTrader 4 (iOS and Android), MetaTrader 5 (iOS and Android).
- Variable/Fixed/Raw Spreads.
- Multiple Ways Of Account Funding.
- Scalping Allowed.
- Hedging Allowed.
- Expert Advisors Allowed.
- Affiliate Program.
- Swap Free (Islamic) Available.
- Trade Forex, Stocks, Indices, Commodities.
Disadvantages:
- No provide services for residents of certain jurisdictions such as Afghanistan, Belgium, Hong Kong, Japan, the United States of America and some other regions.
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Bonuses/Promotions
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Minimum Deposit: 5 USDLeverage of up to 1:30Leverage applies to all EU regulated entities of the group. Leverage depends on the financial instrument traded.Broker Type : Market Maker
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Offer: 50% Deposit BonusMinimum Deposit: 50 USDLeverage of up to 1:500Broker Type : ECN/STP & STP
Regulation : FCA (UK), 679306 IFSA (St. Vincent and Grenadines), 19776 IBC 2011
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Minimum Deposit: 1 USDLeverage of up to 1:2000Broker Type : STP/ECN
Regulation : CySEC, 178/12 IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
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Minimum Deposit: 1 USDLeverage of up to 1:2000Broker Type : STP/ECN
Regulation : RAFMM
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Minimum Deposit: 1 USDLeverage of up to 1:500Broker Type : STP/ECN
Regulation : CRFIN (Russia), 009069697 IFSC (Belize), IFSC/60/230/TS/12
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Minimum Deposit: 5 USDLeverage of up to 1:500Broker Type : STP/ECN
Regulation : CySEC, 185/12 FCA (UK), 600475
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