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HYCM review and ratings

Established 1998
Location UK Cyprus Cayman Islands
Regulation FCA, CySEC, CIMA
Offices London, Limassol, Camana Bay, Hong Kong
Broker type STP | ECN
Leverage up to 1:200 (1:30 for EU clients)
Deposit from 100 USD
Spreads mid  mid
Platforms MetaTrader 4
Instruments Currencies Crypto Indices Metals Energies Softs Stocks
Funding methods Wire Transfer Credit Cards Skrill Neteller WebMoney

Company information

HYCM group includes 3 related companies.

HYCM UK - located in the United Kindom, regulated by the Financial Conduct Authority (FCA).
HYCM CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
HYCM KY - located in the Cayman Islands, regulated by the Cayman Island Monetary Authority (CIMA).

Be aware, UK and CY companies have some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.

Availability

HYCM group accepts clients from all over the world, excluding USA, Hong Kong, Belgium, Japan and some third-world countries.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

45+ Currency Pairs Based on major and minor world currencies.
5 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
16 Indice CFDs Based on baskets of different blue-chip stocks.
4 Metal Spot CFDs Based on Gold and Silver.
3 Metal Futures Based on Gold, Silver and Copper.
1 Energy Spot CFD Based on Crude Oil (WTI).
3 Energy Futures Based on Crude Oil (WTI, Brent) and Natural Gas.
4 Soft Futures Based on Cocoa, Coffe, Sugar, Cotton.
10+ Stock CFDs Based on shares of US companies.
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