What Is Hycm
HEMC works closely with industry leaders to help them stay top of the global forex brokers list. The two most recent awards are the Best Forex Broker Awards UAE 2017 by Global Banking’Finance Review and the 2017 Mobile Trading Platform UAE Awards 2017 from World Finance.
The broker is supported by an experienced Forex trading platform that has been operating for over 30 years. Many awards have been given by these bodies, which recognise HYCM as the best Forex broker and trading platform. It is a multi-regulated currency trading platform (CFD), which offers its members more than 40 years of service.
HEMC specialises in the trade in services and offers a wide range of over 100 different financial instruments, as well as access to foreign exchange, metals like gold and silver, energy products such as oil and gas, commodities, indices and equity investing. HEMC allows users to trade a wide range of assets in different classes of forex and cryptocurrencies, indices, commodities and equities. The company has offices in several locations worldwide and offers services to residents of more than 140 countries.
There are many ways to consolidate trading accounts and withdraw money from an account. HYCM offers commission-free fixed spread accounts that disable automated trading. Variable spread accounts are commission-free and allow for the use of automated trading solutions.
HYCM is a forex and CFD broker with multiple regulatory offerings, MT4 / MT5 integration, competitive spreads and deposit bonuses. It is a fully regulated trust broker owned by the Hong Kong-based Henyep Group and has been working with traders since 1977. It has account types suitable for any number of customers with easy deposit / withdrawal and easy trading.
Hymc is a CFD and foreign exchange broker regulated in various parts of the world (London, UK, Cyprus and Hong Kong ). It is a leading provider of Contract for Difference (CFD) trading services with a documented history of over 40 years. Hymc accepts merchants from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
HYCM is an online trading division of Henyep Capital Markets, a major investment firm founded in 1977. It gives users the ability to trade over 300 financial CFDs, instruments such as forex, stocks, indices, cryptocurrencies, commodities and ETFs. In addition to forex, it also offers trading in financial instruments such as oil, gas, energy, metals, commodities, stocks, stock indexes and many other available trading instruments with the same trading account.
Forex brokers offer traders access to a platform that allows them to sell and buy foreign currencies. The trading account is managed by the trader of the company that issued the HYCM for the purpose of foreign exchange trading. Trading costs such as spreads, commissions and swap rates for overnight funds vary depending on the instruments traded and the type of account to be opened, which are discussed and reviewed below.
The number and type of account a trader with a broker or company may open differs depending on the country in which the broker is registered, the country of residence of the trader and the regulatory authorities and jurisdictions in which he operates. HYCM provides traders with a choice of three account types that correspond to different trading styles and levels of experience — regardless whether the trader is a beginner, a professional or a company — by the trader.
Contract for Difference (CD) is a popular form of derivatives trading which allows traders to speculate about rising or falling prices on the global financial markets without charging a commission per share.
Like other brokers, HYCM offers industry standard MT4 and MT5 trading platforms for traders who make CFD, Forex and Forex trades. These trading platforms can be downloaded and installed from the broker website.
The HYCM Metatrader is the only broker with the HYCM Standard Android and iOS version of trading apps for MT4 and MT5. The HYCM app allows registered traders to access the customer portal of other brokers and brokerage firms but HYCM does not support proprietary trading apps such as other HYCM Metatraders and Forex brokers that have their own proprietary apps. Therefore, HyCM app itself is provided by default and is at a disadvantage compared to its competitors.
As registered HYCM customer, you can open a demo account to practice trading and test new strategies without losing real money. In order to open a demo account, traders can go to their customer portal and click in the menu under “Trading Account” on the “Create a demo account”. The demo account will look like a live account and traders will get the same functionality and the ability to trade real money instantly.
There is a basic HYCM trading account that offers microtrading conditions. This account has many trading restrictions compared to other HYCM accounts, but is perfect for small retailers who want to try the HYCM brokerage service. There are 50 financial assets that can be traded in micro parcels, and orders start at $0.01 per parcel with this account. The highest HYCM spread starts at 2 pips. It provides traders the opportunity to use the platform with Metatrader 4 (MT4) and MetatRader 5 (MT5) Forex, CFD- and industry standard trading.
For larger merchants HYCM offers VIP account options with minimum deposit of $10,000, a reduced margin of 15 pip and a variety of other account features such as a dedicated account manager, preferential treatment and personalized service. The second type of account is the Standard Account, which offers better trading conditions with a lower margin of 18 pip and access to over 120 different financial investments. It also receives free trading signals which are a proven advantage for beginners who do not have enough experience of the market.
The following table summarizes the different investment products available to HYCM customers. The cost of forex trading with HYCM depends on the three types of accounts you choose, from fixed to traditional raw accounts. There is no fee for HYCM to make money in the markets that offer demand spreads – $140 Full list of minimum deposits minimum deposit varies depending on the account you open, but there is no fee for HYCM to make money in these markets.
HYCM is a member of Henyep Capital Markets, LLC. Central stream of currency news and headlines on HYCM’s Metatrader platform. It is a foreign exchange broker and one of the oldest financial institutions. It has been active in international markets for over forty years. The company is also a member of Henyeps Capital Markets LLC.
Henyep Capital Markets LLC, a subsidiary and holding company of Henyep Capital Markets LLC, one of the oldest financial institutions that have been operating in international markets for more than forty years, specializes in online trading and investment in the international currency and equity markets. Through impressive activities, the company has achieved a leading position in terms of customer numbers and sales in retail.
Hycm Broker Review
You are also eligible for a $200 cash reward that can be redirected to a new customer who deposits $500 into their account and continues to trade 3 lots. In an online workshop, HYCM experts show their customers the advantages and disadvantages of trading using their demo account. The company offers a credit premium of 10% for deposits of up to $100 on deposits up to a maximum of $5,000 to customers of HYCM Limited which is regulated by the Cayman Islands Monetary Authority.
HEC is a multi-body Forex broker (CFD) that offers MT4 and MT5 integration with a competitive spread-and-deposit bonus system. Established and regulated as an SBB broker, HECM customers can trade on any regulated trading platform. HECC account types are suitable for any number of customers with easy deposit, withdrawal and trading.
HEMC offers users the ability to trade over 300 financial CFDs and instruments such as currency, stock indexes, cryptocurrencies, commodities and ETFs. Traders have access to key markets such as currencies, indices, commodities and equities. Trading costs such as spreads, commissions, swap rates and overnight fees vary depending on the traded instrument and the type of account to be opened, which are explained in more detail in this review.
This HYCM review covers all of the essential aspects of trading with the broker including the login process, customer service, regulations, investment options, spreads, margin offers, bonuses, minimum deposit requirements, deposit and withdrawal methods and bonus offers. Before we jump into the details of broker scattering, platform and trading features, click the button below to see the latest information about the broker if you want to open HYCM in a new tab. HYCM is one of the few brokers that offer cryptocurrency CFDs for traders interested in cryptocurrencies such as Bitcoin.
Our team of industry experts compares Forex brokers to examine the regulatory status and safety of trading with HYCM. Traders should conduct their own high quality investigations into their regulations after the completion of the HYCM review and investment advice for traders before selecting an online trading platform or CFD broker to confirm the regulations and procedures. Customers share their research and reviews of the broker to show how impressed they have been with the broker.
Traders looking for a regulated and transparent broker that offers their clients access to more than 200 foreign exchange and CFD instruments should consider the Hycm Group as suitable. Unlike other brokers, Hycm offers industry standard MT4 and MT5 trading platforms for traders engaged in CFD and foreign exchange transactions. Chaque country is served with over 140 complete lists of minimum deposits (the minimum deposit varies depending on the account you open) and no fees, so brokers can make money in the market by distributing supply and demand.
The trading standard trading platforms (MT4 and MT5) of the industry can be downloaded and installed from the broker’s website. HYCM customers also have access to the mobile app Primetrader, developed by HYCM experts, with full trading functionality.
There are several accounts that can be controlled by HYCM clients and brokers, but I would not recommend this if trading activity is not properly managed. Raw accounts (so-called active traders) with large trading volumes are best served by HYCM VIP accounts with low spreads, dedicated account managers and inclusive market analysis tools.
HyCM addresses the needs of advanced and inexperienced traders by providing training resources to help traders improve their skills and knowledge levels, with a wide range of account types that meet the needs of everyone from beginners to professional traders. Our experts outlines the trading conditions associated with the different types of accounts offered by each broker with traders in the United Arab Emirates. Those who need information for their final choice of forex broker can find important facts and ratings to help them make their decision.
HEC is an international forex and CFD broker with industry-leading platform integration. It offers several trading platforms tailored to the needs of all types of traders. Here are some facts to figure out how to trade in financial markets using HECs “low-cost and highly leveraged products. Go to the brokerage list for alternatives to the HEC broker.
HEC is a certified CFD and Forex broker based in several parts of the world (Hong Kong, Cyprus and London). Our review covers all the essential aspects of trading with HEC, including the registration process, minimum deposits, spreads and bonus requirements. HEC is the product of Henyep Capital Markets Holdings Group and has branches in Hong Kong, Dubai and Cyprus.
In addition, the company has a powerful trading capacity, offers an advanced range of trading instruments and provides dedicated support to its customers. HYCM and Hymarket have significant advantages in terms of the company’s strict regulations, as it maintains offices in major cities around the world such as London, the UK, Limassol, Cyprus, Hong Kong and Dubai and complies with all regulatory authorities in every jurisdiction. On the negative side of the matter, the proposals vary depending on whether HYCM has round-the-clock support for trading instruments that are limited to foreign exchange (CFD) or trading platforms such as Metatrader.
The basic HEMC trading account offers micro-trade conditions and some trading restrictions compared to other H-ECM accounts, which is ideal for small retailers looking to try out HEC brokerage services. HEC maintains a professional trading environment and is a respected broker, not only because of the long history of the business and many customers around the world, but also because the trading community of HEC traders is very consistent. As international awards attest, the HEC brand is a highly respected brand among traders and investors in the financial industry.
The second type of account is the standard account which offers better trading conditions, such as a lower margin of 1.8pips and access to over 120 different financial assets. The standard account also receives free trading signals, which can be an advantage for those beginners who do not have enough experience in the market. The basic HEMC trading account offers micro-trading conditions where 50% of financial assets can be traded in micro-lots from 0.01 pips and lots with a high HEC spread from 2 pips.