HYCM Review 2026
Full HYCM review for Malta traders — regulation, spreads, fees and our honest verdict.
Regulation in Malta
| Regulator | CySEC CySEC — Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 259/14 |
| Regulated Entity | Henyep Capital Markets (Europe) 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 CySEC (licence 259/14). Minimum deposit $100. In Malta: 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 (Europe) Ltd under CySEC.
In Malta, HYCM operates as Henyep Capital Markets (Europe) Ltd, authorised by CySEC under licence number 259/14. Malta traders are subject to a maximum leverage of 1:30 on forex pairs under CySEC rules.
Trading Platforms
Pros
- CySEC regulated — licence 259/14
- 300+ instruments to trade
- Negative balance protection in Malta
- 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 CySEC licence 259/14, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official CySEC public register.
What is the minimum deposit for HYCM in Malta?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Malta under CySEC regulation.
What leverage does HYCM offer in Malta?
In Malta, HYCM offers maximum forex leverage of 1:30 under CySEC rules. Higher leverage may be available through offshore-regulated entities.
Is HYCM safe to trade with?
HYCM is regulated by CySEC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
Reader Comments
Loading comments...