Regulators
FCA, CySEC, DFSA, CIMA Cayman
Min. deposit
$100
Spread from
0.2 pips (Raw) / 1.2 pips (Classic)
Max. leverage
Up to 1:30 (EU retail) / 1:500 (offshore)
Platforms
MT4, MT5, HYCM Trader
Founded
1977 · London, UK / Limassol, Cyprus
HYCM review summary
HYCM (Henyep Capital Markets) is one of the oldest retail brokers operating today, with origins dating to 1977 under the Henyep Group umbrella. The group is a diversified $1bn+ financial services conglomerate with operations across Hong Kong, London, Cyprus, and Dubai.
HYCM is regulated by FCA (UK), CySEC (EU), DFSA (UAE), and CIMA (Cayman Islands) — a strong tier-1 + tier-2 stack particularly well-suited for MENA traders who want both EU and UAE jurisdiction options.
The Raw account (0.2 pips + $4/lot round-turn) is competitive ECN-style execution, while the Classic account suits beginners who prefer all-in spreads over commission structures.
Where to trade
HYCM is a solid mid-tier choice for MENA + EU traders valuing operating history and group balance-sheet backing over absolute spread tightness. Pure scalpers should compare cost-per-trade with IC Markets, Tickmill, and HF Markets.
HYCM — Frequently Asked Questions
Is HYCM regulated and safe?
HYCM is regulated by FCA, CySEC, DFSA, CIMA Cayman. Client funds are held in segregated accounts at tier-1 banks and the broker operates under active financial-services licenses. Verify each license number on the regulator's official website before opening an account.
What is the minimum deposit at HYCM?
The minimum deposit at HYCM is $100. Most account types accept this minimum; premium tiers may require higher deposits — see the account-types table above.
What are the typical spreads at HYCM?
Spreads at HYCM start from 0.2 pips (Raw) / 1.2 pips (Classic). Actual spreads vary by account type, instrument, time of day, and market volatility. Raw/ECN accounts add a per-lot commission on top of the tighter spread.
What trading platforms does HYCM offer?
HYCM supports: MT4, MT5, HYCM Trader. MT4 / MT5 are the industry standards; cTrader is preferred for ECN execution; proprietary platforms offer broker-specific tools but less third-party compatibility.
What is the maximum leverage at HYCM?
Maximum leverage at HYCM: Up to 1:30 (EU retail) / 1:500 (offshore). EU retail clients are capped at 1:30 by ESMA rules regardless of broker policy. Professional clients and offshore-entity clients can access higher leverage subject to qualification.
Who is HYCM best suited for?
MENA + EU traders wanting an established multi-jurisdictional broker with Henyep Group balance-sheet backing.