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HYCM Review

on Fri Sep 23, 2016 12:13 am

Summary

HYCM is one of the leading FX and CFD brokers in the financial industry. The name and brand has been in capital markets industry for over thirty years.

Henyep Capital Markets is headquartered in London, with international offices in Hong Kong, Cyprus, Kuwait and Dubai. The Award-winning broker is regulated and authorized by the Financial Conduct Authority (FCA) of the United Kingdom and the Dubai Financial Service Authority (DFSA) within the Dubai International financial Centre.

Review

Traders can benefit from HYCM’s advanced platforms and extensive educational tools. HYCM provides a solution suited for every trader, whether new to capital markets or an experienced investor.


Clients can experience easy access to the world’s capital markets from anywhere and anytime through the multi-asset flagship trading platform, Prime Trader and  the world renowned MetaTrader 4.  Traders can also access the markets via our interactive HYCM Mobile Apps, allowing you to trade anytime


Trading Accounts

HYCM offers traders 3 different types of trading accounts with various features.

Micro Account
The Micro Account requires a minimum deposit of $100, which will comes with 50 tradable products, maximum leverage 1:400 and a dedicated account manager.

Standard Account
Requires a minimum deposit of $1000 with a professional account manager assigned and includes 120 tradable products, maximum leverage 1:400 and some extra privileges such as market analysis and signals.

VIP
This account is for traders that has the expertise and experience in trading.
The VIP Account Requires a minimum deposit of $10,000, with a trading specialist/ account manager assigned. This account also comes along with extra privileges such as market reviews, analysis and more.


Customer Support

HYCM has an outstanding customer support team, especially after receiving multiple awards highlighting their professionalism in customer service. Their multi-lingual team offers one-on-one support to trading support 24 hours a day.

The broker’s support team can be contacted through multiple channels, such as live chat, email, fax, direct phone or phone call back request. The customer support has a team that speaks multiple languages including Spanish, Arabic, Russian, Hindi, Chinese and more.

Banking and Depositing Methods

HYCM accepts the usual credit / debit cards, WebMoney, wire transfer and other local payment methods.

HYCM offers trade accounts with base currencies in USD And EUR. HYCM prides itself in transparent fund withdrawal policies since they are bound and regulated by FCA. Withdraw requests are handled promptly, with efficient security checks.

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