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HYCM Review 2026

Forex BrokerUK
4.1Good
#81 RankedHow we rate

FCA and CySEC regulated broker operating since 1977 with 100,000+ clients, 300+ instruments, and a long track record in the UK and European retail markets.

FCA RegulatedFounded 1977CySEC Regulated

Min Deposit

$100

Spreads From

0.2 pips

Max Leverage

1:30

Platforms

3

Overall Rating

4.1

Good

Regulated by FCA (UK)

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • FCA and CySEC regulated
  • Operating since 1977
  • Fixed, Classic, and Raw account options
  • Henyep Group institutional backing
  • Available in UK, EU, and MENA

Cons

  • Not available in USA/Canada
  • Fixed spreads are wide on the Fixed account
  • Research tools less advanced than top rivals
Full HYCM Review

HYCM is one of the most established forex and CFD brokers, with a trading history going back to 1977 under the Henyep Group. The broker is regulated by the FCA in the UK and CySEC in Cyprus, providing strong regulatory protection to clients across Europe, the Middle East, and Asia.

With over 300 instruments across forex, equities, indices, commodities, and cryptocurrencies, HYCM offers a solid product range for the everyday retail trader. The broker supports MetaTrader 4 and MetaTrader 5 across all account types, along with a proprietary mobile application.

HYCM's Fixed, Classic, and Raw account types allow traders to choose between fixed spreads, floating spreads, or ECN-style raw pricing. The broker is particularly noted for its educational offering including market analysis, webinars, and an economic calendar, and for its long-standing reputation in the UK market.

Account Types
Most Popular

Fixed

Min Deposit$100
Spreads1.8 pips

Classic

Min Deposit$100
Spreads1.2 pips

Raw

Min Deposit$200
Spreads0.2 pips
Commission$4/lot
ForexEquitiesIndicesCommoditiesCrypto

40+ currency pairs available for trading

Frequently Asked Questions

Yes, HYCM is regulated by FCA (UK), CySEC (Cyprus), DFSA (Dubai), and CIMA (Cayman Islands).

HYCM's parent company Henyep Group has been in financial services since 1977, making it one of the longest-established brokers in the industry.
Score Breakdown4.1/5
Trust & Safety
4.4/5

Regulation, fund safety, track record

Trading Conditions
4.0/5

Spreads, execution, leverage

Platforms & Tools
4.0/5

Platform quality, charting, features

Research & Education
4.0/5

Analysis, webinars, learning materials

Customer Service
4.1/5

Support quality, responsiveness

Mobile Trading
4.0/5

Mobile app quality, features

Quick Facts
Min Deposit
$100
Spreads From
0.2 pips
Max Leverage (Retail)
1:30
Headquarters
London, UK
Founded
1977
Currency Pairs
40+
Commission
From $4/lot (Raw)
Withdrawal Time
1–3 business days

Regulators

FCA (UK)CySEC (Cyprus)DFSA (Dubai)CIMA (Cayman Islands)

Platforms

MetaTrader 4MetaTrader 5HYCM Mobile App
Trading Platforms
MetaTrader 4MetaTrader 5HYCM Mobile App
Regulation
  • FCA (UK)
  • CySEC (Cyprus)
  • DFSA (Dubai)
  • CIMA (Cayman Islands)
Not Available In
USACanada
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