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Forex Broker Rating

HYCM

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HYCM

Information about the broker HYCM

Rating: 0
Jurisdiction: unknown
Regulators: FCA
Foundation date: 2015

Brief informationHYCM

The global broker HYCM has extensive experience in the field of financial services and offers its clients a lot of opportunities.

HYCM

Company Description

The characteristics of the intermediary are as follows:

  • the country where the organization began its operation is Great Britain;
  • office premises are located in Hong Kong, OPE, Kuwait, Cyprus;
  • the minimum deposit amount is $100;
  • languages of the web resource - Russian, Hindi, Arabic, Spanish, Chinese;
  • payments are made in euros, dollars;
  • there is an affiliate program and a bonus accrual on a deposit of 25%.

Detailed description

HYCM is regulated by the UK based Financial Monitoring Service. The broker regularly reports to this organization on the results of its activities and presents a set of necessary documents.

Account replenishment is carried out in many ways. It is acceptable to use electronic payment systems, credit and debit cards, banking services. Trades can be carried out via computer and mobile phone.

Broker Benefits

Positive aspects of interaction with an intermediary are the following:

  • narrow range of spreads;
  • absence of hidden charges in the form of commissions, taxes and other deductions;
  • instant transactions;
  • a varied training program (webinars, seminars, lectures, courses);
  • active work of the customer support service, availability of support in 24/7 mode (communication is made by phone, e-mail, via chat).

Financial features of work

The minimum deposit is $100. Leverage can reach 400 to 1. Trading is carried out via the MT4 and Web Trader terminals. Novice traders are given the opportunity to get good experience and test all kinds of strategies due to the demo version. It is also acceptable to use various trading instruments without limits. Unfortunately, the system does not provide its clients with bonus accruals. There are no competitions with monetary rewards. But taking part in the “Invite a friend” promotion will allow you to get from 100 to 250 USD for each new client.

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