HYCM 2017 :



HYCM is a forex broker to intervene in the foreign exchange market and to do currency trading. You will find below information about this broker. Read all this information and forge your own opinion. The best solution to test this broker is to open a demo account. It's completely free and it does not commit you to anything.

Presentation of HYCM

HYCM is a UK online broker that was established in 2006. Specializing in online trading, including currencies, HYCM offers excellent quality services and personalized follow-up since its official launch. Present internationally, HYCM has offices in London, but also in Dubai and Hong Kong.

Regulation

Based in the United Kingdom, HYCM is regulated by the Financial Services Authority, one of the strictest regulatory bodies in the world (License No. 186171). Thus, HYCM customers benefit from a very high level of security by making their investments.

Trading Platform

The online broker trusts the Mt4 platform, which is ideal for technical analysis and offers many tools. The only disadvantage is that the online platform is not compatible with Mac.

Investors can invest their money from the same trading platform on a wide variety of assets, including metals, indices, oil and gas, and currencies.


Account types and bonuses

HYCM offers an unlimited demo trading account. To start trading in real, just make a deposit of only 50 euros. 3 types of real account are offered:

Mini account from 50 euros
Standard account from 750 euros
Premium account from 2,500 euros
The leverage effect on each of these accounts is 200.

It should also be noted that this broker, although very present in the Arab countries, does not propose for the moment an Islamic account.

Spreads

Spreads on HYCM are among the lowest on the market, being only 2 pips for example on the EUR / USD. On mini accounts, the spread is a bit higher, starting from 5 pips.

Customer service

HYCM offers complete customer service 24 hours a day, 7 days a week, in Arabic, Chinese and English. However, no Francophone service is available. The company can be contacted by phone, chat or e-mail. In addition, the broker can send updates to the financial markets via sms in order to be kept informed at all times of the evolution of your portfolio.

Deposits and withdrawals
HYCM offers four types of means of payment, namely bank transfer, CB, Western Union and Amex. No additional charges are applied by the broker.

Contact information

3rd floor 28 Throgmorton Street
London EC2N 2AN, UK
Tel: + 44 - 208 - 816 - 7812


 
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