HYCM Review 2026
Award-winning CFD and forex broker regulated in multiple jurisdictions. Trade forex, commodities, indices, stocks, and crypto on MT4, MT5, and the HYCM app.
*Affiliate disclosure: We may earn a commission if you open an account via our link, at no extra cost to you.
Quick Facts
What is HYCM?
HYCM (Henyep Capital Markets) is one of the longest-standing forex and CFD brokers in the industry, founded in Hong Kong in 1977 and now headquartered in London. It is regulated by the FCA (UK), CySEC (EU), DFSA (Dubai), and CIMA (Cayman Islands), making it one of the most broadly regulated retail brokers available. HYCM offers trading in 300+ instruments across forex, commodities, indices, equities, and cryptocurrencies via MetaTrader 4, MetaTrader 5, and its own mobile app. It offers three account types — Fixed, Classic, and Raw — catering to different trading styles and experience levels, with spreads starting from 0.2 pips on the Raw account.
Key Features of HYCM
MT4, MT5 & Mobile App
Trade on MetaTrader 4, MetaTrader 5, or the HYCM mobile app. Full charting, indicators, automated trading (Expert Advisors), and one-click execution.
300+ Tradeable Instruments
Trade forex (50+ pairs), commodities (gold, oil, silver), global indices, individual stocks (CFDs), and cryptocurrencies — all from a single account.
Three Account Types
Fixed spreads account for beginners who want predictable costs. Classic account for active traders. Raw account with spreads from 0.2 pips plus commission for professionals.
Multi-Jurisdiction Regulation
Regulated by FCA (UK), CySEC (EU), DFSA (UAE), and CIMA (Cayman Islands). One of the most comprehensively regulated retail brokers globally.
Educational Resources
Extensive library of webinars, video tutorials, market analysis, and trading guides. Suitable for both beginner and advanced traders.
Islamic Accounts
Swap-free Islamic accounts available, compliant with Sharia law. Available for all instrument categories.
HYCM Pros & Cons
Advantages
- Established broker since 1977 — strong track record
- Regulated by FCA, CySEC, DFSA, and CIMA
- Wide range of instruments (300+)
- Supports MetaTrader 4 and MetaTrader 5
- Three account types for different trading styles
- Islamic swap-free accounts available
- Strong educational content for beginners
Disadvantages
- CFDs are complex and carry high risk of loss
- Withdrawal fees on some methods
- Not available to US residents
- Customer service response times can vary
Who is HYCM Best For?
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Frequently Asked Questions About HYCM
Is HYCM safe?
HYCM is a regulated financial services provider. Digital Bank Networks only features regulated, vetted affiliates. Always review the provider's terms, fees, and regulatory status before transferring funds. CFD and forex trading carries risk — please read all risk disclosures before trading.
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Read reviewAffiliate Disclosure: Digital Bank Networks is a comparison and review platform. Some links on this page are affiliate links — if you open an account through them, we may earn a commission at no additional cost to you. Our editorial opinions are independent and not influenced by affiliate relationships. Reviews are based on publicly available information and user feedback.
Risk Warning: Trading forex and CFDs involves significant risk of loss and may not be suitable for all investors. Past performance is not indicative of future results. Please ensure you fully understand the risks involved before investing.