Henyep Capital Markets (referred to as HYCM) is a forex broker registered in Saint Vincent and the Grenadines. As part of the Henyep Group, HYCM offers a diverse range of investment products including forex, metals, commodities, stocks, and indices.
Corporate Background
Henyep Capital Markets (HYCM) is a financial services provider in Saint Vincent and the Grenadines, affiliated with the Henyep Group. HYCM operates in multiple countries across three continents, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). It claims to adhere to the strict regulations of renowned regulatory authorities including the UK's Financial Conduct Authority (FCA). HYCM's domain was registered on December 27, 2023, indicating a relatively short registration period.
HYCM includes HY Investment and Henyep Capital Markets (HYCM) companies, focusing on partner management and providing market access for individual investors.
Trading Products
The company has a wide range of business activities, including but not limited to forex, precious metals, stock indices, and commodities among other capital market products. It provides services to individual investors and institutional clients, including real-time trading prices, instant trade execution, and multi-platform online account management tools.
Account Types
HYCM offers a range of account types, which includes six different types: STARTER ACCOUNT, BASIC ACCOUNT, BRONZE ACCOUNT, SILVER ACCOUNT, GOLD ACCOUNT, and PLATINUM ACCOUNT, with minimum deposit amounts ranging from $1,000 to $100,000.
Spreads and Leverage
In the financial services industry, HYCM provides customized services to investors. The broker's account system includes six types of accounts from STARTER ACCOUNT to PLATINUM ACCOUNT, with spread ranges from 0.5 to 3.3 pips, and leverage ratios expanding from 1:300 to 1:5000. The STARTER ACCOUNT offers basic trading conditions, suitable for beginners and small traders, while advanced accounts offer lower spreads and higher leverage to experienced traders and large investors, along with features like real-time chart support.
Conclusion
Henyep Capital Markets (HYCM) is a newly established forex broker located in Saint Vincent and the Grenadines, offering a variety of financial derivative trading services including forex. The broker's maximum leverage is 1:5000, exceeding the leverage range of typical brokers. Its minimum deposit ranges from $1,000 to $100,000.
Currently, this broker is marked as "In-Operation" on Traderknows.
