For close to 2 weeks now I've been trying to withdraw my funds, yet it's unavailable and not processing. The customer services is to bad to write home about. HYCM! Upgrade or perish.
Login & Registration
Account registration / opening
Start account registration from the broker's official website. Look for a button or link labelled Register, Open Account, Create Account or similar; the exact label may vary. If you cannot find registration on the homepage, use the site navigation or footer links to access the client portal or account area.
You will usually be asked to provide personal details (full name, email, phone number, country of residence), to set a password, and to accept the broker's terms. Most regulated brokers require identity verification (KYC): expect to upload a government ID and a proof of address document. Some account types require completing a short questionnaire about trading experience and risk tolerance.
- Visit the official site and find Register/Open Account.
- Enter your personal details and choose an account type when prompted.
- Upload ID and proof of address as required for verification.
- Confirm your email (click verification link) and complete any required questionnaires.
- Make an initial deposit to activate live trading if you open a live account.
Minimum deposit requirements vary by account; for the account types listed by the broker the minimum deposit is shown as $20. Always confirm the exact minimum and any regional restrictions on the official site before depositing.
How to log in
To sign in on the web, open the broker's official site, click the Login / Client Portal link and enter your registered email or account number plus your password. For mobile access, use the broker's mobile app if available or open the site in your mobile browser and use the same credentials. Exact field names and screens differ by provider; follow the on-screen prompts.
If the broker offers both demo and live areas, ensure you choose the correct environment when logging in. If you have multiple accounts (for example, multiple live accounts or demo accounts), select the correct account from the account list after signing in or log in with the specific account number provided at registration.
- Open the official site and select Login / Client Portal.
- Enter your registered email address or account number and password.
- If required, complete any second-step verification presented.
- Select the trading environment (live/demo) or account to access dashboards and trading platforms.
Forgot password / account recovery
If you forget your password, use the site’s Forgot Password or Reset Password link on the login page. The typical flow is to enter your registered email or account number, receive a verification code or a reset link by email, and then set a new password. The exact expiry period for reset links varies; if a link expires request a new one and follow the instructions carefully.
If email-based recovery is not available or you no longer have access to the registered email, contact the broker's support team. Be prepared to verify your identity with personal details and copies of ID documents as required by KYC procedures.
Two-factor authentication & login security
Enable two-factor authentication (2FA) if the broker offers it. 2FA greatly reduces the risk of unauthorized access. Common 2FA options used by brokers include an authenticator app (TOTP), SMS codes, or hardware tokens; confirm which methods the broker supports on its security or account settings page.
Adopt safe-login habits: use a unique, strong password; never share credentials; confirm the site URL before entering login details; use a reputable password manager; and keep your devices and browser up to date. Beware of phishing emails and fake login pages—always access your account by typing the official domain into the browser or using a bookmarked link.
Look for HTTPS in the browser address bar and confirm the official domain shown here (the broker lists http://henyep.com/ as its website). If you receive an unsolicited communication asking to log in via a link, verify its authenticity before proceeding and contact support if unsure.
Common login problems & troubleshooting
Wrong credentials: double-check email/account number and password, watch for Caps Lock, and try the password reset flow if needed. If the reset email does not arrive, check spam/junk folders and ensure you used the correct email address.
Locked account: repeated failed login attempts may lock the account temporarily. Wait the specified lockout period or use the account recovery options. If you are unsure why your account is locked, contact support and be ready to verify your identity.
Verification pending: if your account requires identity verification, you may be unable to access some features until documents are approved. Upload clear, legible copies of required documents and follow any instructions in the account portal. Processing times vary by provider.
Region/access issues: some services are restricted in particular jurisdictions. If you are unable to register or log in due to your country, consult the official site or contact support for clarification.
- If emails do not arrive, check spam and ensure the broker has your correct email.
- If two-step codes fail, confirm device time is correct (for authenticator apps) or request an alternative method.
- For persistent technical errors, try a different browser or device and clear cache/cookies.
Getting login/account support
Use the official website support channels for account help. If available, open a support ticket or use live chat on the site to report login problems. For urgent issues you can call the broker’s listed contact number.
HYCM contact details provided with the broker facts include the phone number +442039964943 and the registered address: 27-28 Clement’s Lane, St Clement’s House London EC4N 7AE United Kingdom. Use these official channels to verify any account-related requests and to escalate unresolved issues. Always confirm contact details on the official website before sharing sensitive information.
Confirm exact registration and recovery steps on the broker's official site before proceeding. Account security and available flows may change; follow the broker's current guidance.
Broker Overview
HYCM is presented under the company name HYCM Capital Markets S.R.L. and is shown as operating from the United Kingdom. The broker is described as having been in operation for over 20 years and is listed as regulated. The WikiFX Score for HYCM is 7.20, with a note that the score has been lowered due to a high volume of unresolved client complaints.
Publicly listed contact points include a UK address at 27-28 Clement’s Lane, St Clement’s House London EC4N 7AE and a telephone number of +442039964943. Rating sub-scores show strengths in software (9.99) and solid marks for license, regulatory and business dimensions, while risk-control is reported at 0.00 in the available index.
Before opening or funding an account, review the broker’s current regulatory disclosures and complaint resolution procedures on the official site. The score and accompanying note indicate it is prudent to confirm coverage, protections and dispute channels directly with the broker.
Source: WikiFX dealer page — https://www.wikifx.com/en/dealer/0001363724.html
Account Types
RAW
The RAW account lists maximum leverage of 1:500 and a minimum deposit of $20. Minimum spreads start from 0.1, and minimum trade size is 0.01 lots. Commissions are specified per round: FX trades $4 per round, metals $5 per round, and other instruments $0 per round. Deposit methods mentioned for this account include bank transfer, VISA and MasterCard, and the listed withdrawal methods are Mastercard, bank transfer and VISA.
CLASSIC
The CLASSIC account shows maximum leverage of 1:500 with a minimum deposit of $20. Minimum spreads are listed as from 1.2 and the minimum trade size is 0.01 lots. Accepted depositing and withdrawal methods include bank transfer, VISA and MasterCard.
FIXED
The FIXED account offers maximum leverage of 1:500, a minimum deposit of $20, and minimum spreads starting from 1.5. Minimum trade size is 0.01 lots. Deposit and withdrawal channels listed include bank transfer, VISA and MasterCard.
Account features such as supported trading platforms, base currencies and available instruments are not detailed in the provided facts; confirm exact account specifications, trading conditions and platform availability on the broker's official website before opening an account.
Deposits & Withdrawals
The broker's account entries list bank transfer, VISA and MasterCard as deposit and withdrawal methods. Processing times, potential fees and any minimum/maximum transfer amounts depend on the payment provider and the broker's internal policies, so check the official site for up-to-date information.
| Method | Notes |
|---|---|
| Bank transfer | Standard bank transfer; processing times and fees vary by bank and country. |
| VISA | Card deposits via VISA; card issuer rules and limits apply. |
| MasterCard | Card deposits and withdrawals via MasterCard where supported. |
Expect to complete identity verification (KYC) before the broker permits withdrawals. If withdrawals are sent back to a card, some brokers require the initial deposit be returned to the original card first. Always confirm the broker’s exact withdrawal process, any required documentation, and current processing times on the official website.
FAQs
How do I open an account with HYCM?
Begin on the official website and select the account registration option. Provide personal details, complete any required verification steps (upload ID and proof of address), confirm your email and make the initial deposit if required. Follow the on-screen instructions and check the broker’s site for exact steps.
What is the minimum deposit?
The account entries show a minimum deposit of $20 for the RAW, CLASSIC and FIXED accounts. Confirm the current minimum and any regional variations on the official website before funding an account.
Is HYCM regulated?
The broker facts list the regulatory status as Regulated. Specific licence numbers or regulator names are not included in the provided facts; check the broker’s official site and regulatory disclosures for full details and to confirm current regulatory coverage.
Who do I contact for account support or login problems?
Use the official website support channels (support form, chat or ticket system) and the broker's listed phone number +442039964943. Verify contact details on the broker’s official site before sharing personal information and follow the site's recommended support process.
HYCM Review
hycm closed my all trade position blocked my account . after full verified my account they are full scam company
Beware of this broker, HYCM are a Scam operation and refuse to pay out my $158 USD in profit. Beware of their multi-jurisdiction regulation they can try and play by any rules. I have been trading forex for 6 years, if you have money invested with them be aware and withdraw as soon as possible. Stay away
I was a partner in this company during HY Markets, they have still unpaid commissions in total of 300usd. Affiliate manager name above. They decided to stop paying 1 day after my commissions are approved. Stay well away. For those looking at HYCM as your trading provider, be warned as i know their practices will result in you losing money after being persuaded to deposit thousands.