Accepts traders from
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92.8
Points
Overall
95
Points
Commissions & Fees
99
Points
Licensing & Safety
87
Points
Platforms & Tools
Each broker we review is judged on the same 10 key areas. We include different instruments and holding positions overnight. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. We look for specific features such as customizability and trading signals.
300+Number of instruments
Open Account
1,000,000+ Traders
Regulated by
FCAFCA
CySecCySec
CIMACIMA

HYCM review

4 January 2021 - Kate Leaman

After careful research, our HYCM review team can confirm that this is a trustworthy broker with a strong reputation in the Forex community. Boasting a long and successful history, having been operational since 1977, HYCM also offers multi-jurisdictional regulation and has won 15 reputable awards over the years. At HYCM, you can enjoy over 300 trading instruments, execution speeds of under 12 milliseconds on average, and spreads from 0.2 pips. HYCM is a worldwide broker, with service providers in more than 140 countries and offices in leading global financial centers.

  • ProMore than 300 instruments
  • ProAward-winning mobile application
  • ProRegulated by FCA, DIFC, CIMA, and CySEC
  • ProBest broker for variety of assets
  • ConNo social trading available

HYCM overall scores

In this review, you can find all the information you need to decide whether HYCM is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how HYCM scored in each of our high-priority categories.

Commissions & Fees
95 Points
Payments
92 Points
Licensing & Safety
99 Points
Customer Service
95 Points
Trading Platforms & Tools
87 Points
Education
89 Points

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