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Independent broker review

HYCM Capital Markets – Trusted Online Trading Broker Since 1977

HYCM Capital Markets is a well-established and globally regulated broker that provides trading services in forex and CFDs across a wide range of markets, includ...

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4.2 Score
How we score

We may earn a commission if you visit this broker. That does not affect our rating. Your capital is at risk. CFDs are complex instruments.

Pros & Cons

What we like and what could be improved about HYCM Capital Markets

Pros

  • Regulated by top-tier authorities (FCA, CySEC, DFSA)
  • Long operating history (since 1977)
  • Supports MetaTrader 4 & 5
  • Wide range of tradable instruments
  • Multiple account types for different traders

Cons

  • Limited proprietary trading platform (relies mainly on MT4/MT5)
  • Spreads on some accounts can be higher than competitors

HYCM Capital Markets Overview

Key data on fees, platforms, deposits, and trading conditions

Regulation
FCA (UK), CySEC (Cyprus), DFSA (Dubai, UAE), CIMA (Cayman Islands)
Minimum deposit
$20
Spreads
From 0.1 pips (Raw account), ~1.2 pips (Classic), ~1.5 pips (Fixed)
Commission
$0 (Classic) / ~$4–$5 per lot round turn (Raw account)
Leverage
Up to 1:500
Trading platforms
MetaTrader 4, MetaTrader 5, WebTrader

Fees

Spreads, commissions, and non-trading costs

Minimum deposit
$20
Spreads
From 0.1 pips (Raw account), ~1.2 pips (Classic), ~1.5 pips (Fixed)
Commission
$0 (Classic) / ~$4–$5 per lot round turn (Raw account)
Pricing model
Competitive spreads starting from 0.1 pips (Raw account), commission-free options available depending on account type

Safety

Regulation, investor protection, and fund security

Regulation
FCA (UK), CySEC (Cyprus), DFSA (Dubai, UAE), CIMA (Cayman Islands)
Regulated jurisdictions
United Kingdom (FCA), Cyprus (CySEC), Dubai (DFSA), Cayman Islands (CIMA)
Licenses
Regulatory License Numbers FCA (UK): 18617, CySEC (Cyprus): 259/14, DFSA (Dubai): F000048, CIMA (Cayman Islands): 1442313
Investor protection
No
Segregated client funds
Yes
Negative balance protection
No

Deposit & Withdrawal

Funding methods, fees, and processing options

Deposit methods
Bank transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller, others depending on region)
Withdrawal methods
Bank transfer, credit/debit cards, e-wallets (same as deposit methods, subject to account verification)
Withdrawal fee
Free
Payment methods
Bank transfer, Visa/Mastercard, Skrill, Neteller, local payment solutions (varies by jurisdiction)

Trading Platforms

Desktop, web, and mobile trading software

Platforms
MetaTrader 4, MetaTrader 5, WebTrader
Mobile trading
Yes (MT4 & MT5 mobile apps for iOS and Android)
Web trader
Yes (MT4/MT5 WebTrader + HYCM Web platform)
Charting tools
MetaTrader 4 & MetaTrader 5 advanced charting with indicators, drawing tools, and automated trading support
Social / copy trading
No (no built-in copy/social trading features)
VPS hosting
Available

Markets & Products

Available instruments and product coverage

Account types
Most Trusted, Beginner Friendly, ECN Raw, Standard, Islamic, ECN, Classic, VIP, Raw, Zero Commission, Low Spread, Crypto, Stock CFD, Scalping EA, Fast Execution
Standout feature
HYCM Capital Markets has strong multi-jurisdiction regulation under FCA, CySEC, DFSA, and CIMA, combined with decades of experience since 1977, offering secure and reliable access to global forex and CFD markets through MT4 and MT5 platforms with competitive trading conditions.

Demo Account

Practice trading without risking real money

Demo account
Not available

Research & Education

Analysis tools, news, and learning resources

Research tools
Market analysis, economic calendar, daily insights, and trading signals (limited advanced tools compared to prop-tech brokers)
Educational resources
Webinars, trading guides, market tutorials, and beginner learning materials
News & analysis
Daily market updates, technical and fundamental analysis, and economic news feeds integrated via MT platforms

Customer Support

Help channels and service availability

Support channels
24/5 support via live chat, email, and phone
Languages
English, Arabic, Chinese, Spanish, and other regional languages depending on support channel

Account Types

Compare spreads, leverage, and conditions across HYCM Capital Markets accounts

Frequently Asked Questions

Common questions about HYCM Capital Markets

No FAQs available for this broker.

Community Reviews

Trader ratings and comments about HYCM Capital Markets

Overall User Rating

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Based on 0 published reviews from verified community members

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