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HYCM Review
Overall rating
4.5/5
Minimum deposit
$100
EUR/USD spread
0.2 pips (Raw)
Use this review to validate safety, fees, platform fit, and where this broker falls short.
Written by
Sophie Laurent
Fact Checked by
Marcus Thompson
Updated
Jul 12, 2026
Is HYCM a good broker?
Sources & References
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
Should you choose HYCM?
Use this short answer before you dive into the full review.
Best for
Fixed Spread Accounts
Not ideal for
High inactivity fee ($10/mo)
Top alternatives to compare
Why Trust BrokerAnalysis?
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Trust Score: 90/100
Based on regulatory status, company history, and financial transparency
HYCM Score Breakdown
- 50 Years History (est. 1977)
- FCA Regulated
- Fixed Spreads Option
- Seasoned Management
Founded
1977
Headquarters
London, UK
Why choose HYCM
HYCM (Henyep Capital Markets) leverages nearly 50 years of experience in 2026 to offer a stable, regulated trading environment suitable for both conservative and active traders.
Pros
- Decades of stability
- Fixed spreads available
- Good educational webinars
Cons
- High inactivity fee ($10/mo)
- Raw spread commission high ($4/side)
HYCM
Fast decision summary
Popular choice
Min Deposit: | $100 |
Regulated: | Yes |
Inactivity Fee:
No inactivity fee is published in our current broker dataset.
See how the best brokers compare to HYCM
Choice of fixed or variable. Fixed account has wider spreads but certainty. Raw account has $4/side commission.
| Instrument | Standard | Raw/Pro |
|---|---|---|
| EUR/USD | 1.2 pips (Classic) | 0.2 pips ($4 comm) |
| GBP/USD | 1.5 pips | 0.5 pips |
| USD/JPY | 1.3 pips | 0.3 pips |
| Gold | 0.30 | 0.15 |
Inactivity
$10/mo after 90d
Withdrawal
Free >$300
Non-trading fees
Inactivity fee
No inactivity fee is published in our current broker dataset.
Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.
Regulated by FCA, CySEC, CIMA, and DFSA. A very safe multi-jurisdictional broker.
Regulatory Status
| Regulator | Country | Tier |
|---|---|---|
| FCA | UK | 1 |
| CySEC | Cyprus | 1 |
| DFSA | UAE | 2 |
| CIMA | Cayman | 3 |
Safety Features
| Segregated Accounts | Yes |
| Negative Balance Protection | Yes |
| Investor Protection | FSCS (£85k) and ICF (€20k). |
Compare HYCM with top alternatives
Use the side-by-side comparison tool once you have checked fees and safety.
Reliable. Bank wires can be slow but safe.
Deposit Options
| Method | Processing Time | Fee | Min. Deposit |
|---|---|---|---|
| Card | Instant | Free | $100 |
| Wire | 1-7 Days | Free | $100 |
| Skrill/Neteller | Instant | Free | $20 |
Withdrawal Options
| Method | Processing Time | Fee | Min. Withdrawal |
|---|---|---|---|
| All | 1-5 Days | Free >$300 | $20 |
Base Currencies
USD, EUR, GBP, AED, JPY
Three simple types: Fixed, Classic, Raw.
Account Types
| Account Type | Min. Deposit | Key Features |
|---|---|---|
| Fixed | $100 |
|
| Classic | $100 |
|
| Raw | $200 |
|
HYCM Trader app plus MT4/MT5 mobile.
App Features
- Account Management
- Simple Trading
MT4 and MT5.
Supported Platforms
- MetaTrader 4: Standard.
- MetaTrader 5: Modern.
Compare platform providers:
HYCM provides a solid range of 300+ instruments. The 70 forex pairs cover all majors and most minors. The stock selection (300) includes major global companies. It's a balanced offering for most traders.
Available Instruments
| Forex Pairs | 70 |
| Indices | 20 |
| Stocks | 300 |
| Commodities | 15 |
| Cryptos | 20 |
| ETFs | 20 |
Leverage Limits
| Instrument | Max Leverage |
|---|---|
| Forex | 500:1 (Intl), 30:1 (UK/EU) |
| Indices | 100:1 |
| Stocks | 20:1 |
| Crypto | 2:1 |
Got Questions?
Engage with our growing community of traders and investors like you to find your answers.
Frequently Asked Questions
Review Team
Why Traders Shortlist HYCM
Key points from our latest editorial review and testing process.
- 50 Years History (est. 1977)
- FCA Regulated
- Fixed Spreads Option
- Seasoned Management
Compare HYCM before you commit
If this broker looks close but not perfect, compare it against the strongest alternatives first.
Compare AlternativesWhy this review is trustworthy
- Freshness dates and fact-checking are shown on the page.
- Broker scoring follows our public methodology and disclosure standards.
- Country-specific differences still matter, so compare the exact entity before you deposit.
Related Comparisons
Our Verdict
HYCM is recommended for Fixed Spread Accounts
Use this final check alongside the fee, safety, platform, and funding sections above. If HYCM still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.
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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.
Broker terms can differ by region and entity, but this review shows the most recent figures captured in our research workflow.Methodology |Editorial Policy |Data Sources |Full Disclaimer