Summary

Recommended for forex and CFD traders who prefer the MetaTrader platform

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72% of retail CFD accounts lose money

HYCM or Henyep Markets is a global CFD and forex broker. HYCM's parent company, Henyep was established in 1977. The broker is regulated by several financial authorities globally, including the UK Financial Services Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

HYCM's UK operation is considered safe because it has a long track record and it is regulated by the top-tier FCA.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating
4.2
Fees
4.1
Account opening
5.0
Deposit and withdrawal
4.5
Trading platform
3.2
Markets and products
2.0
Research
3.5
Customer service
3.4
Education
4.5

HYCM pros and cons

HYCM has low forex and CFD trading fees. It offers a wide selection of quality educational tools. The account opening is easy and fully digital.

On the flip side, HYCM's product portfolio is limited to forex and CFDs. Popular asset classes, such as real stocks, are missing. The broker uses MetaTrader trading platforms that have a slightly outdated design. Additionally, HYCM charges a $10 inactivity fee per month after 90 days of inactivity.

Pros Cons
Low forex and CFD fees Only forex and CFD products
Great educational content Trading platforms have outdated design
User-friendly account opening Inactivity fee
HYCM main features and highlights
🗺️ Country of regulation UK, Cyprus, Dubai, Cayman Islands
💰 Trading fees class Low
💰 Inactivity fee charged Yes
💰 Withdrawal fee amount $0
💰 Minimum deposit $100
🕖 Time to open an account 1 day
💳 Deposit with credit/debit card Available
👛 Depositing with electronic wallet Available
💱 Number of base currencies supported 6
🎮 Demo account provided Yes
🛍️ Products offered Forex, CFD, Crypto
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72% of retail CFD accounts lose money

Author of this review

András Iván

Author of this review

Andras has over 4 years of experience analysing and trading equities and bonds. He believes that active trading and a more passive investing approach both have merits and everyone can find a strategy that fits their needs. He's eager to help identify the characteristics of specific brokers, so the best match can be found for each client.

András Iván

Broker Analyst

Andras has over 4 years of experience analysing and trading equities and bonds. He believes that active trading and a more passive investing approach both have merits and everyone can find a strategy that fits their needs. He's eager to help identify the characteristics of specific brokers, so the best match can be found for each client.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

HYCM review
Fees

4.1
HYCM has low forex and CFD trading fees. It's also great that the broker charges no deposit and withdrawal fees in most cases. On the negative side, there is a quite high inactivity fee.
Pros Cons
Low forex fees Inactivity fee
Low CFD fees
HYCM fees snapshot
Assets Fee level Fee terms
S&P 500 CFD Low Classic & Raw account: the fees are built into the spread; the spread cost is 0.5 during high trading hours. The Fixed account has wider spreads.
Europe 50 CFD Low Classic & Raw account: the fees are built into the spread; the spread cost is 2.3during high trading hours. The Fixed account has wider spreads.
EURUSD Low Classic Account: the fees are built into the spread; the average spread cost during peak trading hours is 1.4 pips. The Fixed account has a wider spread but no commission is charged while the Raw account has smaller spreads and commission is charged.
Inactivity fee Average $10 each month after 90 days of inactivity

How we ranked fees

We ranked HYCM's fee levels as low, average or high based on how they compare to those of all reviewed brokers.

To get things rolling, let's go over some lingo related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

In the sections below, you will find the most relevant fees charged by HYCM for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared HYCM's fees with those of two similar brokers we selected, XM and AvaTrade. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of HYCM alternatives.

To have a clear overview of HYCM, let's start with the trading fees.

HYCM trading fees

HYCM's trading fees are low. There are different cost structures for the various account types. In this review, we tested the fees of the Classic account.

We know it's hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We have chosen popular instruments within each asset class:

  • Stock index CFDs: SPX and EUSTX50
  • Stock CFDs: Apple and Vodafone
  • Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP

A typical trade means buying a leveraged position, holding it for one week and then selling. In terms of volume, we chose a $2,000 position for the stock index and stock CFDs and $20,000 for the forex transactions. The leverage we used was:

  • 20:1 for stock index CFDs
  • 5:1 for stock CFDs
  • 30:1 for forex

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for HYCM fees.

CFD fees

HYCM has generally low CFD trading fees, they compare favorably to the fees charged by its main competitors.

HYCM CFD fees for a $2,000 long position held for one week
  HYCM XM AvaTrade
S&P 500 index CFD fee $1.3 $2.4 $0.9
Europe 50 index CFD fee $0.7 $2.4 $0.6
Apple CFD fee $3.8 $4.9 $4.1
Vodafone CFD fee - $1.4 $6.1

Forex fees

HYCM forex fees are low and in line with its main competitors.

HYCM forex benchmark fees for a $20,000 long position held for one week
  HYCM XM AvaTrade
EURUSD benchmark fee $12.0 $17.1 $19.2
GBPUSD benchmark fee $13.8 $14.0 $15.7
AUDUSD benchmark fee $14.0 $13.9 $12.0
EURCHF benchmark fee $9.1 $9.1 $8.5
EURGBP benchmark fee $13.4 $12.0 $10.5

In the case of Classic and Fixed accounts, the broker only charges spread costs. The Raw account has low spreads, but there is a $4 per lot per trade commission. The Raw account is favorable if you trade a high volume.

Non-trading fees

HYCM has average non-trading fees.

HYCM non-trading fees
  HYCM XM AvaTrade
Account fee No No No
Inactivity fee Yes Yes Yes
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0

It's great that no deposit or account fees are charged. 

Normally, HYCM does not charge withdrawal fees either. There are two exceptions:

  • withdrawals of less than $300 via bank transfer carry a handling fee of $30. 
  • withdrawals over $5,000 via Skrill or Neteller are subject to a 1% processing fee.

Less conveniently, there is a $10 inactivity fee charged each month after 90 days of inactivity. A bit underhand for our liking.

HYCM review
Account opening

5.0
The account opening at HYCM is seamless and fully digital. Our account was verified within one business day. The minimum deposit is also low: $100 for Classic and Fixed accounts and $200 for Raw accounts.
Pros Cons
Fast None
Fully digital
Low minimum deposit

Can you open an account?

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72% of retail CFD accounts lose money

HYCM accepts customers from all over the world with some notable exceptions like residents of the US, Belgium, France, Hong Kong, Japan. Quebec and Saskatchewan in Canada are also excluded. Furthermore, the following citizens cannot open an account regardless of their residence: USA, Hong Kong, North Korea, Sudan.

What is the minimum deposit at HYCM?

The required minimum deposit is $100 for Classic and Fixed accounts, while Raw accounts require a $200 minimum deposit.

Account types

If you want to explore the possibilities offered by HYCM, we recommend opening a demo account.

There are 3 main types of trading accounts at HYCM (Fixed, Classic and Raw), which differ in their pricing structure and the required minimum deposit. The key differences are shown in the following table.

HYCM account types
  Fixed Classic Raw
Spread from 1.8 pips 1.2 pips 0.2 pip
Commission per round 0 0 $4
Minimum deposit $100 $100 $200

Besides, you can also open swap-free or Islamic accounts.  Instead of overnight interest, swap-free accounts have an administrative fee if you hold your leveraged position overnight.

How to open your account

Opening an account at HYCM is an easy and fast process, the client interface is very user friendly. Online registration takes only 5-10 minutes. Our account was verified within one business day. Follow these simple steps to open an account:

  1. Click on the open account button.
  2. Provide the required personal details, like your  name, email address, phone number, date of birth and physical address.
  3. Select your desired trading platform (MetaTrader 4 or MetaTrader 5), account type (Fixed, Classic or Raw) and currency. Bear in mind that you can also open additional accounts later. So for example, you can have a MetaTrader 4 account both in USD and EUR. You can make transfers between accounts opened in the same currency.
  4. Provide additional personal data required and answer a few questions on your financial status and trading experience.
  5. Verify your ID and residency. You can upload a national ID, passport or driver's license for authentication. Utility bills and bank statements are accepted for residency verification. If you want to use a debit or credit card, you'll need to verify those as well.
HYCM review - Account opening

HYCM review
Deposit and withdrawal

4.5
HYCM offers free and fast deposit and withdrawal options, including traditional methods such as bank transfer and credit card funding as well as various e-wallets. On the other hand, the number of available account currencies lags behind some of HYCM's competitors.
Pros Cons
Credit/Debit card available Average account currency selection
Free withdrawal
No deposit fee

Account base currencies

At HYCM, you can choose from 6 base currencies: USD, EUR, GBP, CAD, RUB, AED. This is an average selection in comparison with some of HYCM's competitors.

Base currencies at HYCM vs similar brokers
  HYCM XM AvaTrade
Number of base currencies 6 11 5

Under your HYCM profile, you can open more than one account with different account base currencies. For example, you can have both a EUR and USD account for MetaTrader 4 at the same time. Moving funds between accounts that have the same currency is free and instant.

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Compare digital banks

Deposit fees and options

HYCM charges no deposit fees. In addition to bank transfers, clients can also deposit money using credit/debit cards, and via Skrill, Neteller and WebMoney. However, WebMoney is not available for all countries.

HYCM deposit options
  HYCM XM AvaTrade
Bank transfer Yes Yes Yes
Credit/Debit card Yes Yes Yes
Electronic wallets Yes Yes Yes

A bank transfer can take several business days while payment with a credit/debit card is instant.

You can only deposit funds from accounts that are in your name.

HYCM review - Deposit and withdrawal - Deposit

HYCM withdrawal fees and options

Generally speaking, HYCM charges no withdrawal fees. There are two exceptions:

  • withdrawals under $300 via bank transfer carry a handling fee of $30.
  • withdrawals over $5,000 via Skrill or Neteller are subject to a 1% processing fee.
HYCM withdrawal fees and options
  HYCM XM AvaTrade
Bank Transfer Yes Yes Yes
Credit/Debit card Yes Yes Yes
Electronic wallets Yes Yes Yes
Withdrawal fee $0 $0 $0

How long does it take to withdraw money from HYCM? We tested the debit card withdrawal and it took more than 3 business days.

You can only withdraw money to accounts in your name.

How do you withdraw money from HYCM?

  1. Log into your 'Personal Area'
  2. Click on 'Funds Management,' then go to 'Withdrawal'
  3. Select the account you wish to make the withdrawal from
  4. Add the amount you wish to withdraw
  5. Click 'Submit'

Compare to other brokers

HYCM review
Web trading platform

2.8
HYCM's web trading platform is provided by MetaTrader. It is highly customizable, available in many languages and has a clear fee report. On the other hand, the platform lacks a two-step login or price alerts and its design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
HYCM platforms to choose from
Trading platform Score Available
Web 2.8 stars Yes
Mobile 3.8 stars Yes
Desktop 3.3 stars Yes

HYCM doesn't have its own self-developed trading platform. It provides MetaTrader 4 and MetaTrader 5 third-party trading platforms. We reviewed MetaTrader 4 because of its high popularity.

MetaTrader 4 is available in an exceptionally large number of languages.

HYCM web trading platform languages
Arabic Bulgarian Chinese Croatian Czech Danish
Dutch     English Estonian Finnish French German
Greek Hebrew Hindi Hungarian Indonesian Italian
Japanese Korean Latvian Lithuanian Malay Mongolian
Persian Polish Portuguese Romanian Russian Serbian
Slovak Slovenian Spanish Swedish Tajik Thai
Traditional Chinese Turkish Ukrainian Uzbek Vietnamese  

Look and feel

HYCM's web trading platform has great customizability. You can easily change the size and the position of the tabs.

However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.

HYCM review - Web trading platform

Login and security

HYCM provides only a one-step login. A two-step authentication would be more secure.

Search functions

The search functions are OK. You can find assets grouped into various categories. However, we missed the usual search function where you can type the name of an asset manually.

HYCM review - Web trading platform - Search

Placing orders

You can use all the basic order types. However, you won't find more sophisticated order types such as 'one cancels the other'. The following order types are available:

  • Market
  • Limit
  • Stop

If you are not familiar with order types, read this overview.

There are also order time limits you can use:

  • Good 'til canceled (GTC)
  • Good 'til time (GTT)
HYCM review - Web trading platform - Order panel

Alerts and notifications

You cannot set price alerts and notifications on the web trading platform. This feature is available only in the desktop version.

Portfolio and fee reports

HYCM has clear portfolio and fee reports. You can easily find your profit-loss balance and the commissions you paid under the 'History' tab.

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72% of retail CFD accounts lose money

HYCM review
Mobile trading platform

3.8
HYCM has a great mobile trading platform offered by MetaTrader. It is well-designed and user-friendly with a good search function. However, it lacks a safe login.
Pros Cons
User-friendly No two-step (safer) login
Good search function No Touch/Face ID login
Price alerts

Similarly to the web trading platform, HYCM offers MetaTrader 4 and MetaTrader 5 as mobile trading platforms. In this review, we tested MetaTrader 4.

MetaTrader 4 is available for both iOS and Android. We tested it on Android. After downloading the MT4 mobile trading platform, you have to select the relevant server, e.g. HYCM-Live.

Just like the web trading platform, the mobile trading platform offers a great number of languages. Nevertheless, changing the language is a bit tricky on Android devices. You can do it only if you change the default language of your mobile.

HYCM mobile trading platform languages
Arabic Chinese (Simplified) Chinese(Traditional) Czech English
French German Greem Hindi Indonesian
Italian Japanese Korean Polish Portuguese
Portuguese (Brazil) Russian Spanish Thai Turkish
Ukrainian Vietnamese      

Look and feel

HYCM has a great mobile trading platform, we really liked the design and the user-friendliness. You will easily find all the features.

HYCM review - Mobile trading platform

Login and security

HYCM provides only a one-step login. A two-step login would be safer.

You can't use fingerprint or Face ID authentication. Providing this feature would be more convenient.

Search functions

The search functions are good. You can search by typing the name of the product or by navigating the category folders.

HYCM review - Mobile trading platform - Search

Placing orders

You can use the same order types and order time limits as on the web trading platform.

HYCM review - Mobile trading platform - Order panel

Alerts and notifications

You can set alerts and notifications for your mobile, although you can do it only on the desktop trading platform. It would be a great plus if users could set these notifications on the mobile trading platform as well.

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72% of retail CFD accounts lose money

HYCM review
Desktop trading platform

3.3
In design and functionality, HYCM's MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on the desktop trading platform.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) Poor design
Available in several languages

HYCM provides MetaTrader 4 and MetaTrader 5 as desktop trading platforms. Similarly to the web and mobile trading platforms, we reviewed MetaTrader 4 (MT4) in this category as well.

The platform has the same design, it is available in the same languages, offers the same order types, has the same search functions and offers the same portfolio and fee reports as the web trading platform. Similarly, two-step authentication - which would provide additional security - is not available.

The major difference is that here you can set alerts and notifications in the form of mobile push and email notifications. To set email or mobile notifications, you need to add your email address and mobile MetaQuotes ID (you can find this in the settings of the MT4 app). Select 'Options' under the 'Tools' menu item to add this data.

HYCM review - Desktop trading platform

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72% of retail CFD accounts lose money

HYCM review
Markets and products

2.0
At HYCM you can only trade with forex and other CFDs (commodities, stock indices, futures, and share CFDs). Popular asset classes, such as real stocks, bonds, mutual funds and options are missing.

HYCM is essentially a forex and CFD broker. To learn more about CFDs read our CFD trading tips.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

HYCM has an above-average forex selection but the stock CFD lineup is minimal compared to its main competitors. Stock CFDs include some large companies listed in the UK, US, German and Spanish markets. Some stock CFDs and exotic FX pairs are only available on the MetaTrader5 platform. 

HYCM product selection
  HYCM XM AvaTrade
Currency pairs (#) 70 57 56
Stock index CFDs (#) 28 18 24
Stock CFDs (#) 65 1,139 630
ETF CFDs (#) 20 - 5
Commodity CFDs (#) 17 8 17
Bond CFDs (#) - - 2
Cryptos (#) 64 5 17

The asset classes and the number of products within each category available to any particular client depend on the client's country of residence. For example, clients from the EU have access only to a few US-listed share CFDs, like Apple and Tesla. We highlighted the major differences here:

HYCM place of residence and available products
Place of residence: EU UK Rest of the world
Currency pairs available Yes Yes Yes
Stock index CFD available Yes Yes Yes
Stock CFD available Yes (only a few US stocks) Yes (only a few US stocks) Yes
ETF CFD available No No Yes
Commodity CFD available Yes Yes Yes
Crypto available No Yes (only a few cryptos) Yes

At HYCM, clients cannot change leverage levels, which is a drawback. For example, the leverage for EU and UK clients is fixed at 1:20 for US stock indices and at 1:30 for major forex pairs.

Changing the leverage is a very useful feature when you want to lower the risk of your trade.

HYCM review
Research

3.5
HYCM provides trading ideas based on technical analysis and a great economic calendar. On the negative side, the charting tools and the newsfeed could be improved.
Pros Cons
Trading ideas Limited interactive charting
User-friendly Very low quality newsfeed
Economic calendar

HYCM's research tools are available in various channels:

  • MetaTrader trading platform
  • Personal Area, under 'Tools'
  • HYCM website, under 'Tools'

Trading ideas

HYCM provides trading ideas through Trading Central, a third-party research provider. The ideas are based purely on technical analysis and cover certain commodities, stock indices as well as most FX pairs.

We liked that you can filter for timeframe and that sub-indices are also included (e.g. the Stoxx600 Oil&Gas index).

Once logged into the Personal Area, you can access the Trading Central platform under the 'Tools' menu.

HYCM review - Research - Recommendations

Fundamental data

HYCM offers some fundamental data through an economic calendar. You can filter for countries, categories of data and importance.

While this is useful for forex traders, we would appreciate it if HYCM also provided fundamental data for stocks.

HYCM review - Research - Fundamental data

Charting

HYCM has OK charting tools. You can use 31 technical indicators and other editing tools, such as trendlines and Fibonacci retracement. These charting tools can be found on the MetaTrader trading platform.

On the negative side, the design is outdated and some features are hard to use. For example, we had difficulty figuring out how to remove an indicator from the chart.

HYCM review - Research - Charting

News feed

Unfortunately, HYCM has a poor newsfeed. It's unstructured and finding relevant news items is cumbersome. We missed tags and visual elements. You'll be better off using a 3rd party newsfeed. 

Compare research pros and cons

HYCM review
Customer service

3.4
HYCM offers several customer service channels and we found the live chat to be the fastest and most relevant. Emails are typically answered within 24 hours, but the answers are not always complete or on the subject. Lastly, we missed the 24/7 support.
Pros Cons
Phone support No 24/7 support
Live chat Mediocre email support
Fast response time

You can contact HYCM via:

  • live chat
  • telephone
  • email

The live chat at HYCM is usually fast and manned from 5 am GMT until 6 pm GMT on weekdays. When they're offline, you can leave a message. Additionally, you can chat with customer support on Telegram, Skype, Viber, Whatsapp, and Facebook Messenger as well. The relevance of the answers was OK although some questions were not properly addressed at first and we had to ask the same questions again to get an answer.

The phone support at HYCM was average-speed, we received relevant answers and customer service representatives were helpful.

Customer emails are typically answered within 24 hours and this was where we missed relevant answers the most. Some questions were left unanswered, in other cases the response was irrelevant.

We also missed the 24/7 availability. You can contact them Monday to Friday during UK business hours.

HYCM review - Customer Service

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72% of retail CFD accounts lose money

HYCM review
Education

4.5
HYCM has great educational content. You can test the waters with a demo account and learn through videos and webinars.
Pros Cons
Demo account Videos miss tags or categorization
Trading platform tutorial
Educational videos

At HYCM, you can learn in the following ways:

  • Demo account
  • Platform tutorial videos
  • General educational videos
  • Webinars
  • Quality educational articles

Webinars and workshops are scheduled weekly at HYCM. Registered users can access past webinars as well. We liked the videos; the presenter, Giles Coghan has good insights and an easily understandable accent. On the negative side, we think these videos should feature tags or be organized into categories for better searchability.

A MetaTrader video guide and general educational videos for beginners are available on the HYCM website, under 'Education' > 'Forex Education'. The quality of these videos is OK.

HYCM review - Education

For a more detailed guide on how to use technical analysis, we recommend you visit Trading Central (under the 'Tools' menu item in the Personal Area area) and consult the help section (see picture below).

HYCM review - Trading Central Education

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72% of retail CFD accounts lose money

HYCM review
Safety

HYCM is regulated by several financial authorities, including the top-tier FCA. On the negative side, clients outside the EU and the UK are not covered by any investor protection.
Pros Cons
Negative balance protection Not listed on stock exchange
Financial information is not publicly available
No investor protection outside the EU&UK

Is HYCM regulated?

Yes, it is regulated by several financial authorities globally, including the top-tier FCA.

Here is the full list of regulators:

  • Financial Conduct Authority (FCA) for UK clients
  • Cyprus Securities and Exchange Commission (CySEC) for European clients (EU + European Economic Area)
  • Customers from other countries are onboarded via HYCM's legal entity registered in St. Vincent & the Grenadines
  • Dubai Financial Services Authority (DFSA) & Cayman Islands Monetary Authority (CIMA) licenses currently not used

Is HYCM safe?

To be certain, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

Depending on your country of residence, you can open an account at one or more of HYCM's legal entities.

This can be important because the investor protection amount, the maximum leverage allowed and the regulator differ from entity to entity. Unfortunately, only the clients of HYCM's EU and UK entities are covered by investor protection.

HYCM investor protection
Country of clients Protection amount Regulator Legal entity
EU and EEA €20,000 Cyprus Securities and Exchange Commission (Cysec) HYCM (Europe) Ltd
UK £85,000 Financial Conduct Authority (FCA) Henyep Capital Markets (UK) Limited
Rest of the world No protection Registered in St. Vincent & the Grenadines HYCM Limited

HYCM provides negative balance protection. If the balance on your account goes into negative, you will be protected.

Background

HYCM is part of the Henyep Capital Markets Group, an international conglomerate specializing in financial services, property, education, and charity.

HYCM's parent company, Henyep was established in 1977. Henyep received its license from the UK’s FCA in 1998. The longer a broker's track record, the more proof that it has successfully survived previous financial crises.

Find your safe broker

HYCM review
Bottom line

HYCM is a forex and CFD broker regulated by several authorities globally, including the top-tier FCA.

On the plus side, HYCM has low forex and CFD fees. The education section, especially the webinars are more informative and enjoyable than what some other brokers offer. The account opening is seamless and there are a lot of free deposit & withdrawal options.

On the flip side, the product portfolio at HYCM is limited as the broker only offers forex and CFDs. In our view, the MetaTrader platforms that the broker uses have an outdated design. HYCM charges an inactivity fee: $10 per month after only 90 days of inactivity.

We recommend HYCM for those who are interested in CFD and forex trading and prefer MetaTrader trading platforms. Feel free to test it via the demo account.

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72% of retail CFD accounts lose money

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