Brokereviews rates the forex broker HYCM
VIP accounts are assigned a dedicated account manager to handle their trades. They also have access to comprehensive and on the spot market analytics so they can make decisions at the right time and on the fly. VIP Fixed Accounts also have the advantage of having better spreads for the forex investments, giving them a bigger chance of optimizing their funds. More and more people are going online and they rely on their mobile phones in getting the latest news and information from the digital world. HYCM embraces this reality by offering the MetaTrader 4 or MT4.
Each broker was graded on 81 different variables and, in total, over 60,000 words of research were produced. HYCM brings over 40 years of operations and a lineup of global brands. Despite its respected history, the forex broker struggles to differentiate itself beyond a basic MetaTrader experience. Compared to industry leaders such as IG and Saxo Bank, there few reasons to open an account with HYCM. Compared to pricing leaders CMC Markets and FOREX.com, HYCM is expensive and not a good choice for discount trading.
All of these are being addressed continually by HYCM through continuous service improvement plans. With HYCM (Henyep Capital Markets) you can trade forex, shares, commodities, indices as a CFD. the offer of commodities, forex, shares and indices is very varied, there are 10 commodities, 40 currency pairs, 26 indexes and 10 shares from all around the world. HYCM enables traders to trade anytime and anywhere using the industry-leading platform, MetaTrader 4 (MT4).
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Over 40 years of solid forex trading experience. Established in 1977, Henyep Gold Dealers first invested in the Hong Kong Gold and Silver Exchange Society. By 1981, Henyep has already built its 25thoffice overseas showing its rapid growth. Henyep Investment (UK) Ltd then got its license from the UK’s FCA in 1998.
Available on both Android and iOS devices from Google Play and App Store respectively, MT4 allows customers to trade forex anywhere in the world and anytime they want. From the mobile application, opening, managing, and closing trading positions are immediately possible, giving customers complete control over their trading accounts.
Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers’ news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn’t imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators.
HYCM to Host More Interactive Trading Seminars in Dubai After Previous Success
The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences. checkcheckcheckcheckTrading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company.
- With HYCM (Henyep Capital Markets) you can trade forex, shares, commodities, indices as a CFD.
- If you’re struggling to decide whether HYCM is the right broker for you, our in-depth review should help.
- To take part in the promotion, you need to replenish your account with at least $1,000.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
With over 40 years of operational experience, HYCM is one of the largest global players in the industry. The brokerage firm is under the leadership of a visionary management team and has become well-known for delivering best-of-breed services and excellent customer support. If you’re struggling to decide whether HYCM is the right broker for you, our in-depth review should help.
The broker is headquartered in London and has other operational offices in Cyprus. With a focus on excellence, HYCM also boasts a 24/5 bilingual support team via phone, email and live chat. Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice.
The letters stand for “Henyep Capital Markets”, the retail-trading arm of the Henyep Group, a globally diversified conglomerate with over 40 years of operational experience in financial services, property management, education, https://forexarticles.net/ and charitable activities. The firm is headquartered in London, but is also authorized and registered in London, United Arab Emirates, and Hong Kong and complies with regulatory agencies in each jurisdiction.
Although most of HYCM’s customers can attest to how the company efficiently manages their investments, there will still be others who will fall through the cracks. • The Raw Account has raw spreads from 0.2 PIPS. There’s a commission of $4 per lot (minimum) and a minimum deposit of $200 is required.
HYCM was established in 1977, and with 40 years of solid experience in the forex industry, it already has a long track record of providing trustworthy and outstanding trading experience to its global customer base. HYCM clients are provided with everything required in making informed and well-calculated trading decisions.
On the company’s profile page at our website you can read HYCM reviews by other traders as well as write your personal HYCM review of your personal experience with the broker. To add a forex review or to answer other traders in this forex broker ratings you need to login to the site. HYCM news and reviews of financial events are also available in our website. Solid Background. HYCM boasts of a foundation that very few forex trading companies can match.
Such unique and universal access to multiple financial markets gives the HYCM forex broker customers a competitive edge to trade all markets and diversify an investment portfolio. For those who would like to get a feel of forex trading, HYCM offers demo accounts in https://forexarticles.net/ which interested customers will be given £50,000 as virtual fund. This is accessible by registering through the site and creating a demo account. The virtual fund will be available for 14 days. You can even trade using the MetaTrader 4 mobile trading application.
To take part in the promotion, you need to replenish your account with at least $1,000. Be sure to clarify the conditions of participation hycm platform in the promotion with your personal manager. The second comes in the form of rewards via the bring a friend program.