HYCM Review
Introduction and Background information
Founded in 1977, Henyep has a long-standing reputation for providing financial services across global capital markets, and it is an experienced member of multiple exchanges in Hong Kong, where it has its headquarters. In 1998, Henyep obtained European regulation with Britain’s Financial Conduct Authority (FCA) where, it remains regulated under Henyep Capital Markets (HYCM).
HYCM is a MetaTrader broker offering over 200 instruments to its retail forex and CFD traders.
18 King William Street London, EC4N 7BP, United Kingdom
Account types
Fixed, Classic, or Raw account
Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $100
Instruments
69 currency pairs, 225 CFDs.
Education
HYCM provides customers access to Trading Central – a popular service for automated technical analysis – available as an MT4 indicator, a daily newsletter, as well as via access to a dedicated web portal.
Regulation
HYCM is authorised by the Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).
HYCM is a MetaTrader-only broker offering the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platform suite
Henyep is a MetaTrader-only broker, it provides both the standard iOS and Android versions of the MT4 app. No proprietary mobile app is offered.
Deposit and Withdrawals
Deposit Methods: Bank Wire, VISA, MasterCard, Neteller, Skrill
Withdrawal Methods: Bank Wire, VISA, MasterCard, Neteller, Skrill
Fees (Spread/commission)
Fixed, Classic, or Raw account
Execution
No dealing desk.
Customer Support
HYCM is a plain-vanilla MetaTrader broker that offers terrible customer service.
Email – [email protected]
Phone – +357-25-24-5751
Promotion
Conclusion
