HYCM is an STP broker offering maximum safety of money and fair conditions when trading the Foreign Exchange or any other financial market. The group behind HYCM is the Honey Group, a famous UK financial services provider founded back in 1978. HYCM is regulated by several regulatory bodies including FCA UK, DFSA, SFC, and MiFID (EU). The broker is domiciled in the UK.

 

HYCM Trading Features

HYCM can meet the needs of every Forex trader including beginners, advanced and professional traders by offering good customer service a wide asset index, and various trading platforms. The only disadvantage is that their spreads are a little bit wide and that can be bad news if you trade Forex intra-day or if you are implementing automated Forex strategies. Of course, if you open an HY Pro account (minimum deposit $5,000) you may trade with spreads starting as low as 0.5 pip on EURUSD.

» HYCM Official Web-Site

HYCM Profile

Model of Order Execution:	STP
Minimum Deposit:	$50
Maximum Leverage:	30:1
Scalping:	No
Hedging:	Yes
Practice Account:	Yes
USA Traders:	Yes
Islamic Accounts:	Yes
Customer Support Languages:	Arabic, English, Russian
Personal Account Manager:	Yes (VIP)
Education:	Yes
Telephone Orders:	Yes

Trading Orders

HYCM provide a full set of trading orders including Market Orders, Pending Orders, Stop Orders, Limit Orders, Trailing Stop Orders, OCO Orders, and One-Click-Trading. Telephone orders are also available.

All HYCM Trading Platforms

HYCM offers the following trading platforms:

1. HY MT4 Download
2. HY MT4 Webtrader (MT4 without the need of downloading and installing any software)
3. HY ProTrader (institutional-grade platform powered by Currenex)
4. HY Webtrader (best choice for beginners)
5. HY WebTrader Mobile
6. HY MT4 Mobile (mobile version of MT4)

(1) HYCM MT4 Download / MT4 WebTrader

HYCM provides two versions of MT4, the classic MT4 download version and the MT4 WebTrader which does not require installation and is 100% web-based.

1. Trade any financial asset (currencies, energies, metals, soft commodities, and equities)
2. Live news feed
3. HYCM Personal Dealer Service
4. 24hour customer service and dealing support when trading with MT4 (via phone, live chat, and email)
5. Monitor live your positions, your equity, and your P&L account
6. Advanced charting capabilities and 50 technical analysis indicators
7. TradingCentral analysis
8. Allows Expert Advisors and Automated Trading
9. Setup guide for beginners

(2) HYCM Pro Trader

HYCM Pro Trader is a very advanced trading platform designed for institutional and other professional Forex traders.

1. A pure STP Execution model
2. High liquidity driven by global banks
3. Institutional-grade trading platform, powered by Currenex
4. Spreads starting as low as 0.5 pips
5. HYCM Pro accounts require a minimum deposit of 5,000 USD
6. Dedicated VIP account management
7. Fast Order Execution without delays
8. Customizable visual environment
9. An advanced set of trading orders

» Open an MT4 or a Pro Account with HYCM

(3) HYCM WebTrader

This is a web-based trading platform designed by HYCM mainly for beginners. Charting capabilities include versatile functions, multiple time frames, and chart options plus a full set of technical analysis tools and indicators.

1. Minimum account required as low as $50
2. Start trading immediately without installing any software
3. Quick deposit and withdrawal funds
4. Trade any market (Forex, energy, metals, soft commodities, and equities)
5. Integrated live pricing and trade screen
6. Easy-to-control Money Management System
7. Full set of trading orders
8. Account history at a glance

(4) HY WebTrader for Mobile Devices

HY Webtrader Mobile supports iOS and Android mobile devices.

1. Complete set of trading capabilities
2. Real-time prices
3. News-feed
4. Advanced charting
5. Economic calendar
6. Integrates completely with any HY Webtrader Account

(5) HY MT4 Trader for Mobile Devices

The HY MT4 Mobile offers trading in any financial market via your smartphone.

1. Full access to your account (Deposit and Withdraw Funds via your mobile)
2. Advanced Charting
3. 30 Technical Analysis Indicators
4. Real-time streaming news
5. Full functionality
6. P&L reports

» Open a Live Account with HYCM

 

 

■ HYCM (HYCM) Platforms Review

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