HYCM MT4 Broker | Forex broker review 2018

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HYCM MT4 Brokers List

 

HYCM MT4 Broker | Forex broker review 2018

 

HYCM Forex Broker | is working out or  London, UK, for people that have been trading for a while they know this brand as HYCM is one of the oldest, best known Forex brokers in the market. When they were founded 35 years+ ago they were called HY Markets

HYCM is regulated and licensed in the United Kingdom which insures that they are on the level.


Open real account with HYCM MT4 Broker


HYCM Forex Broker General Features

With years of working under their belt HYCM has made the customer relations and understanding what their clients' needs their second nature. They have a 24 hours a day during the work week (Monday – Friday). Available methods to reach them include email, live chat, and even a telephone line. There are different email addresses for different inquiries The have a solid platform to trade from and offer an HYCM mobile app for most types of phones.

Their customer service and support is readily available around the clock if you need them (something you should never underestimate) and their support is available around the clock. for those that are looking for a top Bitcoin Broker, HYCM Forex Brokeris solid choice where you cannot go wrong also when trading cryptocurrencies.

HYCM Forex Broker offered Trading Platforms

Regardless of your trading requirements HYCM probably has the right trading platform for you. They offer multiple renowned trading platforms offering the right tools for new traders and for traders that are coming from other brokers.

MetaTrader 4 is and has been for the last couple of years "a must have" platform for most brokers unless they aim for another nice of traders. This MT4 is set up properly and offer you all the trading features that have come to love and expect from this platform.

 

Security and 24 hour support

They complement your trading platform with 24 hour customer service and dealing support. Communicate with our team via phone, email and chat

Expert Advisors

Use of algorithmic trading to execute orders automatically.

Online account information

Technology driven back-office systems let you access your open positions, equity and P&L online 24 hours a day

Advanced charting and technical analysis tools

Benefit from award-winning tools which allow for detailed analysis including Trading Central

Live market news

Live news streamed directly to the platform


 

HYCM Mobile Trading

They have put some good effort to enter also the mobile industry and their mobile trading platform is intuitive and stable and allows you full trading capability on the go.

They offer Leverages ranging from 50:1 till 400:1, which is dictated by the currency pairs you are trading A special feature that they offer is the free signal service that is integrated in their MT4 giving the traders amazing trading opportunities.

The quality of the signals is fair to good and if you combine them with another forex  signal service for verification then you should be able to get enough quality forex signals to find your daily trades depending on the selected currency pairs.


Open real account with HYCM MT4 Broker

 


 

Banking Options

Their regulation here dictates what they are able to offer as compliance rules for the regulation in the UK is not that easy.

That said HYCM has all the basic banking solutions set up for you , through Bank wire and all major credit and debit cards like MasterCard and Visa. The offer also Bank through a few of online e-wallets, including Union Pay and Web-Money. the same methods that you use in order to deposit you can also use to withdraw your funds.

\For some of the methods this process might take a few days till up to a week but there are free of fees getting the exact amount you requested. The only exception to this rule is, the bank transfer, may have charges due to your bank’s processing fees not because of this broker.

 

 


https://youtu.be/Z9fDfdAHHcg


HYCM Forex Broker  Resources and Account Types

 

Depending on your trading wishes and requirements, HYCM Forex Broker offers three different types of account.

  1. Micro Account, which is best suited for new traders. The minimum required deposit is only $100. Leverages go up to 1:500 and the minimum fixed spread is 1.8.
  2. Standard Account is for more seasoned and experienced traders. With the minimum deposit of $1,000, leverages up to 1:300 and the spread of 1.5.
  3. VIP Account is for the professional traders. This account requires a deposit of $10,000 and has no limitations. As a VIP you are treated as a VIP meaning your wish is pretty much their command , within reason of course.

 

They offer full Islamic accounts  (halal Trading) for all three levels for traders compliant with the Sharia law. They have a full-service education center that takes you through the steps of trading if you so require.

 


 

HYCM MT4 Forex Broker Details

 

Broker Details Info
Regulated By FCA
Headquarters United Kingdom
Foundation Year 1977
Publicly Traded No
Number Of Employees 200
Contact Information Tel:+44 - 208 - 816 - 7812
Web:https://www.hycm.com Email:info@hycm.com
Account Type Info
Min. Deposit $100
Max. Leverage 1:400
Mini Account Yes
Demo Account Yes
Premium Account Yes
Segregated Account Yes
Islamic Account Yes
Deposit Options Credit Card, Skrill, Webmoney, Wire Transfer
withdrawal Options Credit Card, Skrill, Webmoney, Wire Transfer
Trader Level Yes/No
Beginners Yes
Professionals Yes
Scalping Yes
Day Trading Yes
Weekly Trading Yes
Swing Trading Yes
Social Trading No
Customer Service Yes/No
24 Hours Support Yes
Support During Weekends Yes
Customer Support Languages Arabic, English
Instrument Type Yes/No
Forex Yes
Commodities Yes
CFDs Yes
Indices Yes
Stocks Yes
Crypto Currencies Yes
Additional Features Info
Supported Trading Platforms MT4
Commission On Trades No
Fixed Spreads Yes
Educational Service Yes
Trading Signals No
Email Alerts No

 


Open real account with HYCM MT4 Broker


High Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimize their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.
Regional Restrictions: Henyep Capital Markets (UK) Limited and HYCM (Europe) Limited do not offer Contracts for Difference to residents of certain jurisdictions such as Afghanistan, Belgium, Hong Kong, Japan, the United States of America and some other regions.


 

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