HYCM and Arabic Forex to Host a Trading Conference in Kuwait

HYCM and Arabic Forex to Host a Trading Conference in Kuwait

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Although most of HYCM’s customers can attest to how the company efficiently manages their investments, there will still be others who will fall through the cracks. The MT4 platform hycm feedback is a well-designed platform with excellent features for more experienced traders. HYCM may require copies of your credit card before approving a withdrawal request.

Are trading conditions profitable? Are there any covert issues that peep up only after the contract with the broker has been signed? Reviews about HY Markets help to get the general idea about the broker's performance. Ali Yasin KhanAnantray R. TrivediWas using daily market commentaries by HYCM for quite a long time, several months ago opened trading acc here. Now its the only broker where i trade stocks and FX, never had any problems on withdrawal, price requotes and other stuff.

Always make sure to check the most important information and of course company reliability before you sign in. Anyways I got free money to trade with just for having my friend sign up. Can you imagine I was very surprised, not very often u find a good and respectiable broker to deal with. They let me use 2 trading platforums to trade forex, oil, stock and more.

In addition, the UK scores highly in Transparency International‘s rankings of countries based on their corruption perceptions index meaning the UK is a pillar of anti-corruption. HYCM customers in the UK are protected by the UK based scheme Financial Services Compensation Scheme (FSCS), which was established to protect consumers when authorized financial services firms fail. FSCS pays compensation up to £50k to customers in the UK if HYCM is unable to pay. HYCM’s Financial Services Register reference number is 682782 (Henyep's is 186171).

The broker used to provide an HYCM bonus for traders making a deposit into their live trading account, but it seems that the broker no longer offers any bonus due to the conflict of interest with clients. Bonuses also make it difficult to make a withdrawal, as traders are required to satisfy all the terms and conditions of the bonus before initiating a withdrawal, and more often than not, traders and https://forexarticles.net/ their brokers always get into a conflict regarding the applicable rules and policies. Nevertheless, HYCM is following the footsteps of other FX brokers by offering a loyalty program that provides a cash rebate by accumulating certain lot conditions. Such a loyalty bonus program is free of any terms or conditions, which allows clients to withdraw their loyalty bonuses without any strings attached.

Henyep Investment (UK) Ltd then got its license from the UK’s FCA in 1998. Going with the growth of technology and communications in 2007, Henyep Investment (UK) Ltd launchedits HY Markets online trading platform. 2015 was another milestone for the company as far licensing and regulations are concerned as it’s Europe arm was licensed by CySEC.

This particular HYCM bonus is for trading purposes only and cannot be withdrawn. More and more people are going online and they rely on their mobile phones in getting the latest news and information from the digital world. HYCM embraces this reality by offering the MetaTrader 4 or MT4. Available on both Android and iOS devices from Google Play and App Store respectively, MT4 allows customers to trade forex anywhere in the world and anytime they want.

• They also can change the timeframe, perspective and colors of a chart.
• HYCM’s clients can use regular bank cards Visa/MasterCard, Wire Bank Transfers and various electronic system WebMoney, UnionPay, Neteller, Skrill, etc.
• The menu icons are clear and all the tabs are highlighted.
• FBS is a broker with cool marketing and promotions.

The company launched its second generation online trading platform HY Trader 4 in 2006 and its highly touted HY Markets Online platform in 2007. In 2016, Henyep consolidated its capital markets investment brands and launched its multi-platform online trading website HYCM.com. The question, is HYCM forex trading legit, find its answer in this section. A legit forex broker will always have its business regulated.A regulated business ensure that it abides to the rules pertaining a particular industry.HYCM is regulated by both CySec and FCA under license number 186171 and 259/14respectively.Further trader protection is provided by Investor Compensation Fund (ICF) and Financial Services Compensation Scheme (FSCF).

Over 40 years of solid forex trading experience. Established in 1977, Henyep Gold Dealers first invested in the Hong Kong Gold and Silver Exchange Society. By 1981, Henyep has already built its 25thoffice overseas showing its rapid growth.

Deposits are also accepted in KWD, SAR and AED and will be converted to USD for trading. The MetaTrader5 has kept most of the features and functionalities of its predecessor, and also allows trading in exchange-traded stocks, which is considered one of its main advantages over the MT4. Besides, both oth MT4 and MT5 allow trading signals, but HYCM has partnered with Pro Daily which brings investors cutting-edge signals trading service. In fact, the spreads offered by HYCM are quite competitive.

HYCM is an FCA regulated forex broker well-appreciated by traders all over the world. HYCM is a division of the conglomerate Henyep Capital Markets, with the headquarters located in London, UK. HYCM provides access to a wide spectrum of trading markets that include stocks, currencies, and commodities. HYCM forex offers a simple account opening process, comprehensive product and educational resources, making it an excellent choice for all kinds of traders. If you are in search of one of the best forex brokers, this comprehensive HYCM Forex Trading – Review 2019 offers essential information that will help you make a choice. HYCM is the Forex brokerage division of Henyep Group, which began operations as a Gold and Silver exchange platform in Hong Kong during the late 70’s.

its great now i dont need to be using 3 different companies to trade with this is the all in one. This is an excellent broker, their customer service is great, they offer all types of tools and trading with them is a pleasure … even at those times when https://forexarticles.net/ I loose money. Companies like HY, that have been established for 30 years and are regulated by FSA and DFSA are actually the only ones anyone should feel comfortable trading with at these times. I am trading with HYMarkets for the last 7 months.

Compared to industry leaders such as IG and Saxo Bank, there few reasons to open an account with HYCM. Compared to pricing leaders CMC Markets and FOREX.com, HYCM is expensive and not a good choice for discount trading. Please note that HYCM is a fully licensed and regulated CFD trading company, as you can read on our website.

HYCM also included Mobile Application, for the traders who prefer to trade on the go, which allows trading at anytime and anywhere. HYCM Mobile is available for mobile devices Apple and Android. It is crucial to consider regulations when choosing a forex broker, hereby clients can be assured that their broker act with transparency and professionalism.

Consumer Reviews

HYCM forex broker is a fixed spread broker that charges no commissions at all unless you are going for the raw account. Here you will pay a slight spread of just 0.2 and $4 fee on round turn. Usually, fixed spreads are wider than adaptable spreads but they provide traders with expectable trading environment while protecting them from rough spreads swings that regularly happen.