In this HYCM (Henyep Capital Markets) Review, we are going to take a look at the offer that this broker prepared for its traders. HYCM (Henyep Capital Markets) is regulated by the CySEC in Cyprus and by the FCA in the UK. HYCM (Henyep Capital Markets) operates on the financial market since 1977. When it comes to trading platforms, the broker features MetaTrader 5 and MetaTrader 4. The HYCM (Henyep Capital Markets) minimum deposit is 100 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this HYCM (Henyep Capital Markets) Review
| Website address: | https://www.hycm.eu/ |
| Licensed and authorised by regulatory bodies: | CySec FCA CIMA |
| Supported languages: | English, German, Spanish and French |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +357-25-24-5751 |
| Available deposit methods: | Bank transfer, Debit and Credit Cards, Skrill, Neteller, |
| Available withdrawal methods: | Bank transfer, Debit and Credit Cards, Skrill, Neteller, |
| Minimum deposit: | 100 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 1,4 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex (40), stocks (10), commodities (10), indices (26) |
| Demo: |  |
| Mobile app: | |
| MetaTrader 4: | |
| Other trading platforms: | MetaTrader 5 |
| Social trading: |  |
HYCM (Henyep Capital Markets) Fees (typical spreads)
We have scanned fees (typical spreads) that HYCM (Henyep Capital Markets) charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 1,4* | * | * | * | * |
*Typical spreads were recorded on 31.05.2019 at 14:56 for the standard account. HYCM (Henyep Capital Markets) spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: NAGAMarkets.eu , ClickTrades, CIBFX and Invests360
Frequently Asked Questions
🧐 Is HYCM (Henyep Capital Markets) a Scam?
HYCM (Henyep Capital Markets) is a broker licensed and regulated by the CySec, FCA and CIMA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that HYCM (Henyep Capital Markets) is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the HYCM (Henyep Capital Markets) minimum deposit?
In order to start trading with HYCM (Henyep Capital Markets), you have to deposit at least 100 USD.
📵 What deposit and withdrawal methods HYCM (Henyep Capital Markets) supports?
⚖️ Would you recommend me choosing HYCM (Henyep Capital Markets)?
We don’t have our own personal experience with HYCM (Henyep Capital Markets). However, because the broker is regulated by the CySec, FCA and CIMA, there is a high chance that it is not a scam. With that being said, it still does not mean that HYCM (Henyep Capital Markets) is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
