Menu
This page may contain paid affiliate links. If you buy or register through them, MyFxBots may earn a commission or referral fee. See our disclaimer for details.
HYCM is the trading name of an FCA- and DFSA-regulated group with more than 40 years of group history. It lists 300+ instruments across five asset classes, three live account types, MT4, MT5 and a proprietary mobile app, with a $20 minimum deposit and spreads from 0.1 pips. Restrictions are wide and several terms vary by entity.
Three parts sit behind the HYCM offer for Arab clients: a 20% deposit bonus, free Trading Central access, and a month of TradingView on deposits of 500 or more. Two of the three are tools traders normally pay for. Here is what each part gives an account, what the group already documents about them, and the terms worth confirming before funding.
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.