HYCM Review 2026
Full HYCM review for United Kingdom traders — regulation, spreads, fees and our honest verdict.
Regulation in United Kingdom
| Regulator | FCA FCA — Financial Conduct Authority (FCA) |
| Licence Number | 186171 |
| Regulated Entity | Henyep Capital Markets (UK) Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.2 pips |
| Instruments | 300+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
Verdict
Regulated by FCA (licence 186171). Minimum deposit $100. In United Kingdom: maximum forex leverage 1:30.
About HYCM
HYCM was founded in 1977 and is headquartered in London, UK. The broker offers 300 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Henyep Capital Markets (UK) Ltd under FCA.
In United Kingdom, HYCM operates as Henyep Capital Markets (UK) Ltd, authorised by FCA under licence number 186171. United Kingdom traders are subject to a maximum leverage of 1:30 on forex pairs under FCA rules.
Trading Platforms
Pros
- FCA regulated — licence 186171
- 300+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: MT4, MT5
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Frequently Asked Questions
Is HYCM regulated?
HYCM holds FCA licence 186171, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official FCA public register.
What is the minimum deposit for HYCM in United Kingdom?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in United Kingdom under FCA regulation.
What leverage does HYCM offer in United Kingdom?
In United Kingdom, HYCM offers maximum forex leverage of 1:30 under FCA rules. Higher leverage may be available through offshore-regulated entities.
Is HYCM safe to trade with?
HYCM is regulated by FCA, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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