HYCMVerified Regulation

HYCM (Henyep Capital Markets) is a multi-regulated forex and CFD broker, founded in 2009 and headquartered in London, United Kingdom. The broker is part of the Henyep Group, a diversified financial services conglomerate with over 40 years of experience in global financial markets. HYCM is regulated by the UK Financial Conduct Authority (FCA reference number 186171), the Cyprus Securities and Exchange Commission (CySEC license 252/14), and the Cayman Islands Monetary Authority (CIMA license 1442311), providing strong multi-jurisdictional coverage. HYCM offers trading on over 300 instruments including forex, indices, commodities, stocks, and cryptocurrencies. The broker provides competitive trading conditions with spreads starting from 0.1 pips on the Raw account with a commission of $4.00 per lot per side, while the Fixed account offers spreads from 1.2 pips with no commission and the certainty of fixed pricing. Platform support includes MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary HYCM Trading Platform, alongside mobile applications for iOS and Android. Account types include the Fixed account (minimum deposit $100, fixed spreads), Classic account (minimum deposit $100, variable spreads from 1.0 pip), and Raw account (minimum deposit $200, raw spreads with commission), with swap-free Islamic accounts also available. HYCM is well-suited for intermediate to advanced traders who value the security of FCA regulation and the heritage of a well-established financial group. The broker's fixed spread account is particularly attractive for news traders and those who trade during high-volatility events where spread stability is important.