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Forex trading at HYCM: Discover the key features and highlights

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
Dec 2024
Personally tested
Data-driven
Independent

Can you trade forex at HYCM as of December 2024?

Interested in trading foreign currencies? Unsure if a broker offers Forex trading, fair fees, and a good trading platform? Don't worry, I'll answer these important questions to guide you through FX trading at HYCM confidently.

Good news is that forex trading is available at HYCM. I've scrutinized the trading conditions, particularly fees and safety, to offer you insights into what to expect.

Inside HYCM: Your Guide to Forex Fees and other services
Krisztián
Krisztián Gátonyi
Forex • Market Analysis • Algo Trading

Together with my brokerage analyst colleagues, I thoroughly tested the services of HYCM by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know if you want to trade forex with HYCM as of December 2024:

  • HYCM forex fees are at the standard market level.
  • I consider HYCM a trusted broker as it is overseen by at least one very strict regulator.
  • HYCM is primarily a CFD broker.
  • Explore the services of HYCM in our HYCM review for 2025.
Is HYCM a legit broker?
See how HYCM is regulated and whether you should have any concerns using it.

HYCM forex fees, withdrawal fees and details

Whether you're a seasoned trader or just starting out, having a clear understanding of these fees and details can help you make informed decisions about your trading strategy and broker selection. From spreads to overnight fees, this table aims to give you a complete overview to guide your trading journey.

💰 HYCM EURUSD spread 1.2
💰 HYCM withdrawal fee charged $0
💰 HYCM inactivity fee charged Yes
💰 HYCM minimum deposit $20
📃HYCM ECN account available No
📃HYCM swap-free/Islamic account available Yes
💳 Deposit methods Bank transfer, Credit/debit cards, Skrill, Neteller, PM, AstroPay, WebMoney, PayTrust, fasapay, ZOTAPAY, Lipi
🗺️ Country of regulation UK, Dubai, Cayman Islands, Saint Vincent and the Grenadines
🎮 HYCM demo account provided Yes
📋 Read more Check out the HYCM review for 2025
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Overall score
4.1/5
Minimum deposit
$20
FX fee
Low
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
Visit HYCM

73-76% of retail CFD accounts lose money

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Further reading

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.

author
Krisztián Gátonyi
Author of this article
I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.
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Visit HYCM 73-76% of retail CFD accounts lose money