HYCM Review
Reviewed · Last updatedHYCM offers margined trading in currencies, indices, commodities, share CFDs and cryptocurrency CFDs, plus a separate non-leveraged share dealing service, to retail and professional clients outside a list of restricted countries including the United States. The group trades as HYCM Capital Markets (UK) Limited, authorised by the FCA under reference 186171, alongside a DFSA-licensed Dubai entity (F000048), a Saudi CMA advisory entity and an unregulated Costa Rican company named in the website footer; the former Cyprus entity has given up its CySEC licence.
This review is provided for general information and does not constitute an endorsement, investment advice or a recommendation to open an account. Broker information may change after publication. Readers should verify regulatory status, product availability, fees and legal documentation through official sources before making any decision.
Who this service may not be suitable for
Leveraged products may not be suitable for readers seeking long-term investment products, readers who cannot afford to lose the money they deposit, or anyone unwilling to accept the substantial risk of loss inherent in leveraged trading. A majority of retail CFD accounts lose money.
Key facts
- Main regulation
- FCA 186171, DFSA F000048
- Markets offered
- Currencies, Indices, Commodities, Share CFDs, Real shares, Crypto
- Regions served
- United Kingdom, International entities
How this score was calculated
Facts recorded on 17 Sep 2026 from the broker’s official website and regulator sources, scored with our published rubric. Items we could not find on the official website count as not disclosed.
Regulation and transparency
- Strongest regulator tier: 4.0
- +0.5 two or more major regulators
- +0.5 licence confirmed on a regulator register
Costs and fee disclosure
- Yes: Commissions published
- Yes: Overnight (swap) rates published
- Not found: Inactivity fee disclosed
- Yes: Deposit and withdrawal fees disclosed
- Not found: Currency conversion fee disclosed
- Source: help.hycm.com
Risk and consumer information
- Yes: Risk warning on homepage
- Yes: Retail loss percentage published
- Yes: Risk disclosure or KID available
- Yes: Negative balance protection stated
- Not found: Segregated client funds stated
- Yes: Legal documents public
- Source: help.hycm.com
Customer support
- Yes: Live chat
- Yes: Email
- Yes: Phone
- Yes: Hours: 24/5
- Source: hycm.com
Education and research
- Yes: Education section
- Yes: Risk education content
- Yes: Webinars or courses
- Yes: Market analysis
- Yes: Economic calendar
- Source: hycm.com
Website and user experience
- Yes: Legal documents page
- Not found: Fees page
- Yes: Entity and licence in footer
- Source: hycm.com
Regulatory status by region
The entity that holds an account determines the regulator, client-money rules and compensation arrangements that apply. Check the entity on the official register of the named regulator before opening an account.
| Region | Legal entity | Regulator and licence |
|---|---|---|
| United Kingdom | HYCM Capital Markets (UK) Limited | FCA, FRN 186171 (company number 02878581) |
| International entities | HYCM Capital Markets (DIFC) Limited | DFSA (Dubai International Financial Centre), licence F000048, licensed 19 September 2006 |
| International entities | HYCM Financial Services L.L.C. | Capital Market Authority (Saudi Arabia), licence 20200000473, category 5 (arranging and advising); not authorised to hold client assets or client money (source: broker disclosure) |
| International entities | HYCM Capital Markets S.R.L. | No financial regulator stated; company registered in Costa Rica, registration number 3-102-883933 (source: broker disclosure) |
| International entities | HYCM Ltd | Cayman Islands Monetary Authority, securities investment business licence 1442313, licensed 17 May 2018 |
Research methodology
Assessed against our published framework using the broker’s public website, legal documents and regulator registers. Every broker is assessed using the same documented criteria. Full methodology →
Sources
- Regulator register: register.fca.org.uk, retrieved 17 Sep 2026
- Regulator register: dfsa.ae, retrieved 17 Sep 2026
- Broker legal page: help.hycm.com, retrieved 17 Sep 2026
- Broker legal page: hycm.com, retrieved 17 Sep 2026
- Regulator register: cima.ky, retrieved 17 Sep 2026
- Score evidence (costs): help.hycm.com, retrieved 17 Sep 2026
- Score evidence (risk): help.hycm.com, retrieved 17 Sep 2026
- Score evidence (support): hycm.com, retrieved 17 Sep 2026
- Score evidence (education): hycm.com, retrieved 17 Sep 2026
- Score evidence (website): hycm.com, retrieved 17 Sep 2026
Corrections and update history
- 24 Sep 2026: Scores recalculated under methodology version 1.2 (the language checks were removed from Customer support and Website and user experience).
- 17 Sep 2026: Review created. Regulatory entities and licence numbers researched from official broker disclosures and regulator sources.
Spotted an error? See our Corrections Policy.
CFDs and other leveraged products carry a high risk of losing money rapidly because of leverage, and a majority of retail investor accounts lose money when trading CFDs. A high editorial score reflects disclosure and service quality. It does not make trading safe.