BrokerAnalysis

HYCM Review

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Overall rating

4.5/5

Minimum deposit

$100

EUR/USD spread

From 1.2 pips

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Use this review to validate safety, fees, platform fit, and where this broker falls short.

BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk
BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Updated

Jul 21, 2026
Broker review header
Last reviewed:
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By:BrokerAnalysis Research Desk
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Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Jul 2026

Is HYCM a good broker?

HYCM is a regulated by 3 authorities (FCA, CySEC, DFSA) broker scored 90/100 (4.5/5) with EUR/USD spreads from From 1.2 pips and a $100 minimum deposit. Best for fixed Spread Accounts. Rankings are based on spread data, regulation tier, and platform testing published in our methodology.

Sources & References

  1. — BrokerAnalysis
  2. — BrokerAnalysis
  3. — BrokerAnalysis

Should you choose HYCM?

Use this short answer before you dive into the full review.

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Best for

Fixed Spread Accounts

Not ideal for

High inactivity fee ($10/mo)

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90

Trust Score: 90/100

Based on regulatory status, company history, and financial transparency

HYCM Score Breakdown

8.9/ 10
Safety9.0Fees9.2Platform9.1Account8.8Support8.6
Safety
9.0
Fees
9.2
Platform
9.1
Account
8.8
Support
8.6
  • 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 logo

HYCM

Fast decision summary

Min Deposit:

$100

Regulated:

Yes

Inactivity Fee:

USD 10/month on accounts dormant for 90+ days.

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Choice of fixed or variable. Fixed account has wider spreads but certainty. Raw account has $4/side commission.

InstrumentStandardRaw/Pro
EUR/USD1.2 pips (Classic)0.2 pips ($4 comm)
GBP/USD1.5 pips0.5 pips
USD/JPY1.3 pips0.3 pips
Gold0.300.15

Inactivity

$10/mo after 90d

Withdrawal

Free >$300

Non-trading fees

Inactivity fee

USD 10/month on accounts dormant for 90+ days.

Fees and conditions last verified: July 2026.

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

RegulatorCountryTier
FCAUK1
CySECCyprus1
DFSAUAE2
CIMACayman3

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionFSCS (£85k) and ICF (€20k).

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Reliable. Bank wires can be slow but safe.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
CardInstantFree$100
Wire1-7 DaysFree$100
Skrill/NetellerInstantFree$20

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
All1-5 DaysFree >$300$20

Base Currencies

USD, EUR, GBP, AED, JPY

Three simple types: Fixed, Classic, Raw.

Account Types

Account TypeMin. DepositKey Features
Fixed$100
  • • Fixed Spreads (1.8)
  • • No Comm
Classic$100
  • • Variable (1.2)
  • • No Comm
Raw$200
  • • Raw (0.2)
  • • $8 Comm

Verification Steps

  • Time to open: Same Day
  • Demo Account: Yes
  • Islamic Account: Yes
Open HYCM Account

HYCM Trader app plus MT4/MT5 mobile.

App Features

  • Account Management
  • Simple Trading

MT4 and MT5.

Supported Platforms

  • MetaTrader 4: Standard.
  • MetaTrader 5: Modern.

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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 Pairs70
Indices20
Stocks300
Commodities15
Cryptos20
ETFs20

Leverage Limits

InstrumentMax Leverage
Forex500:1 (Intl), 30:1 (UK/EU)
Indices100:1
Stocks20:1
Crypto2:1
Not sure HYCM fits how you trade?Match Me to a Broker

Where HYCM traders are

Top countries by third-party audience activity (Influence score, 0–10 scale).

Source: WikiFX Business Region data, captured October 2026. Scores are WikiFX's proprietary 0–10 blend of audience, complaint volume and search demand — not market share. We exclude the Philippines auto-pin from every chart.

Beware of imposter sites claiming to be HYCM

Third-party monitors list these unverified look-alike brands as copies of HYCM. Check the address bar against the official site, or use the link on this page, before you enter any details.

  • HYUKUnverified
  • DT MarketClone Firm
  • HYCM look-alikeClone Firm

Source: WikiFX clone-firm research, October 2026. Imposter lists change over time — the names above are a sample, not an exhaustive list.

Got Questions?

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Frequently Asked Questions

Yes, HYCM is a highly regulated broker. It holds licenses from the FCA (UK), CySEC (Cyprus), DFSA (Dubai), and CIMA (Cayman Islands).
The minimum deposit is $100 for the Fixed and Classic accounts, and $200 for the Raw account.
The Fixed account has fixed spreads (e.g., 1.8 pips on EUR/USD) which don't widen during volatility. The Classic account has variable spreads (starting from 1.2 pips).
The Fixed and Classic accounts are commission-free. The Raw account charges a commission of $4 per lot per side ($8 round turn) but offers spreads from 0.0 pips.
Yes, HYCM offers trading on major cryptocurrencies. However, crypto derivatives are not available to retail clients in the UK.
Yes, HYCM offers swap-free Islamic accounts for clients who observe Sharia law. These can be requested for all account types.
HYCM is part of the Henyep Group, which has been operating in the financial markets since 1977, giving it nearly 50 years of experience.
No, HYCM does not accept clients from the United States.
You can withdraw funds via bank wire, credit card, Skrill, Neteller, and crypto. HYCM generally processes withdrawals within 1 business day.
Yes, HYCM provides a free demo account with $50,000 in virtual funds to practice trading.

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
See How We Test Brokers

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Why 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.
Review Methodology

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Our Verdict

HYCM is recommended for Fixed Spread Accounts

Where HYCM fits best
Best for

Fixed Spread Accounts

Not ideal for

High inactivity fee ($10/mo)

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.

Get notified if HYCM's terms change

Spreads, minimum deposits, and bonus terms shift without warning. We'll email you when HYCM changes something material — plus our weekly broker comparison digest.

One email with the PDF, then a short weekly note on broker changes. Unsubscribe in one click. We never sell your address.

Not sure HYCM fits how you trade?

Get a personalized match in 60 seconds — or join the free community for live setups first.

The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready. We earn a commission when you open an account through our links — this is how we fund free signals for our community.

Free community platform

Trade With a Plan, Not a Guess

Try 5 days of VIP gold signals free — one of six signal rooms — plus the AI assistant, the academy and the tools our members use. Every tracked signal is on the record, the losing ones too.

No deposit · No card · Free to join

Join @unshakabletraders on Telegram — 5 days of VIP signals free, no deposit

The Signal Rooms screen inside the platform showing six Telegram rooms: Accurate Signals VIP, Accurate RR, AccurateFX Swings, Accurate Signals ATM, Accurate sessions and Accurate Flash
Six rooms, each with its own style and schedule — this is the join screen members see.
1,513
Signals tracked
78%
Hit take-profit
+86,455
Pips, net
5.28
Profit factor
  • Six signal rooms5-day free trial

    VIP scalps, risk-to-reward setups, forex swings, high-frequency ATM calls, London/New York sessions and a 24/5 algo.

  • Accurate AIAI

    Ask for a market read on any timeframe. Informational — never a trade call.

  • Gamified Academy

    50 video lessons and 14 written courses, stage by stage from zero.

  • Scalper Pro indicator

    A chart indicator that marks levels, entry and stops right on the price.

July–August 2026, all Accurate signal groups combined, last platform audit 19 August 2026. Self-reported by Accurate Signals (shown in the member dashboard under Track Record) and not independently audited. Pips are not account profit. Past results do not guarantee future performance.

The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready. Forex and CFD trading carries significant risk and can result in the loss of your capital. Never deposit money you cannot afford to lose. Past results do not guarantee future performance. This is general education, not financial advice.

All materials are prepared by the Introducer and VT bears no responsibility for the information and/or materials provided. All claims should be directed to the Introducer. All rights of VT and any affiliated entities trading under the "VT" trademark, brand or logo are reserved.

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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