HYCM Malaysia

HYCM, also known as Henyep Capital Markets, is a global leader in online trading, providing the opportunity to trade a broad range of instruments, including forex, precious metals, commodities, and global equities. Established in 1977, HYCM has evolved into a multi-regulated broker with a strong pedigree in providing top-quality trading services. For residents of Malaysia, HYCM has made its comprehensive market access and trading solutions available, tailoring services to meet the specific needs of Malaysian traders.

In Malaysia, HYCM’s offerings cater to a variety of traders, from novices to seasoned professionals. Clients can choose from different types of trading accounts, which come with protective measures like negative balance protection. The broker’s commitment to competitive trading conditions is evident through its offering of both fixed and floating spreads, and the option to trade on the MetaTrader 4 or MetaTrader 5 platforms. Additionally, traders in Malaysia benefit from HYCM’s no-commission policy, leverage that can reach as high as 1:500, and the assurance of working with a broker that’s regulated by several international bodies.

Overview of HYCM Malaysia

HYCM Malaysia is a Forex broker known for its structured account types, providing options for various trading strategieswithin a regulated environment.

Services and Offerings

HYCM offers a range of Forex accounts that are designed to cater to different trading strategies. These accounts feature:

• Negative balance protection
• Spreads: Fixed and floating, starting from 0.2 pips
• Commissions: None
• Minimum Deposit: 20 USD
• Leverage: Up to 1:500
• Trading Platforms: MetaTrader 4 and MetaTrader 5

Traders have access to over 300 financial instruments, allowing for a diversified trading portfolio.

Regulatory Environment

The regulatory landscape for HYCM in Malaysia is robust, ensuring a secure environment for traders and investors. Key points include:

• Oversight: CFD trading in Malaysia is regulated by the Securities Commission Malaysia (SCM).
• Investor Protection: Traders are entitled to investor protection measures.
• Swap-Free Accounts: Available for those requiring Islamic finance options.
• Regulators: HYCM is regulated by entities in multiple jurisdictions, including the EU, UK, UAE, and beyond, enhancing its trustworthiness.

HYCM Forex Account Types

HYCM Malaysia offers a range of account types tailored to meet the specific needs and strategies of different traders. These include the Fixed, Classic, and Raw accounts, each presenting unique features and trading conditions.

Fixed Account

The Fixed Account is designed for traders looking for stable spreads. This account type typically offers fixed spreads which can provide a predictable trading cost environment, making it easier for traders to calculate and manage their trading expenses.

Classic Account

The Classic Account appeals to traders who prefer a more flexible spread arrangement. Traders with a Classic Account benefit from variable spreads. This may be suitable for traders who can take advantage of the fluctuating market conditions for potential cost savings on their trades.

Raw Account

The Raw Account is meant for traders looking for minimal spreads. This account accommodates trading with raw spreads, which can come close to zero, providing an opportunity for cost-saving on trades. It is important to note that a commission per trade may be applicable to the Raw Account, which compensates for the lower spread costs.

Bonuses and Promotions

HYCM Malaysia extends a variety of bonuses and promotional offers to attract and retain traders. Clients of HYCM Limited, regulated by the Cayman Islands Monetary Authority, are eligible for these perks. It is important to note that the availability and terms of these offers may vary depending on the jurisdiction and regulations.

• No Deposit Bonus: Eligible clients can receive a trading credit without the need to deposit funds. The specific amount and terms are subject to the individual promotion announced by HYCM.
• Credit Bonus: Traders enjoy a 10% Credit Bonus on every deposit over $100, which can be a significant boost to their trading efforts. However, there is a cap where the maximum bonus awarded cannot exceed US$5,000.
• First Deposit Bonus: New clients making their first deposit of more than $100 can benefit from a 10% bonus on their deposit. This introductory offer is designed to appreciate the trust clients place in HYCM’s platform.
• Birthday Bonus: Clients may receive special terms and conditions during their birthday, but details of this bonus need to be confirmed directly as they might change.
• Referral Program: ‘Invite Friends’ is another promotional feature HYCM offers, where current clients can benefit from referring new clients to the platform.

Clients considering any of the promotions should always read the specific Terms and Conditions provided by HYCM to understand the eligibility requirements and restrictions. Staying informed ensures that traders can maximize the potential benefits of these promotions while adhering to regulatory compliances.

Trading Platforms

HYCM Malaysia provides its clients with access to industry-leading trading platforms, MetaTrader 4 and MetaTrader 5, which cater to different trading needs and strategies.

MetaTrader 4

MetaTrader 4, simply referred to as MT4, is a widely recognized trading platform that caters primarily to forex trading. It features advanced charting tools, market indicators, and supports the use of trading robots called Expert Advisors (EAs).

• Available Instruments: More than 90 financial instruments.
• Trading Automation: Fully supports automated trading strategies through EAs.
• Analysis Tools: Comprehensive charting capabilities and a suite of technical analysis tools.
• User Interface: Known for its user-friendly interface suitable for both beginners and experienced traders.

MetaTrader 5

MetaTrader 5, or MT5, is the successor to MT4 and offers additional capabilities, including more timeframes, chart types, and technical indicators. It is designed for traders looking for expanded financial instruments.

• Available Instruments: Access to over 300 financial instruments.
• Enhanced Functionality: More advanced tools for comprehensive price analysis.
• Multi-Asset Platform: Supports various markets, including stocks and commodities.
• Advanced Trading Systems: Features a powerful trading system with the Market Depth and a separate system of accounting orders.

Mobile Trading

Both MT4 and MT5 platforms are available on mobile devices, providing traders with the flexibility to trade anytime, anywhere.

• Accessibility: Trade on-the-go with apps available for iOS and Android devices.
• Functionality: Mobile versions offer a range of features densely packed into a portable format.
• Synchronization: Seamless transition and synchronization with desktop platforms.

Educational Resources

HYCM Malaysia places a strong emphasis on helping its clients enhance their trading skills and knowledge. This dedication is evident through the breadth of educational resources available to investors of various levels.

Webinars and Seminars

HYCM offers a series of live webinars and seminars designed to provide traders with insights into market trends, trading strategies, and risk management. These sessions are hosted by experienced market analysts and are often scheduled to align with significant economic events, enabling traders to stay informed and make educated decisions.

E-books and Tutorials

Clients have access to a comprehensive library of e-books and tutorials. These materials cover a range of topics from the basics of forex to advanced trading techniques. The e-books are designed to be clear and informative, serving both novice and seasoned traders looking to expand their market knowledge.

One to One Training Sessions

For personalized guidance, HYCM Malaysia offers one to one training sessions. These sessions provide an opportunity for individual traders to work with a professional who can offer tailored advice and feedback on trading practices. It’s an effective way to address specific questions and improve trading strategies in a focused setting.

Customer Support

HYCM’s customer support is readily accessible, providing services in multiple languages to cater to a diverse client base.

Availability and Languages

HYCM offers customer support 24 hours a day, 5 days a week, accommodating the needs of traders across various time zones. Support is multilingual, ensuring that clients can receive help in the language they are most comfortable with.

Support Channels

Clients can reach HYCM’s customer service through a variety of channels which include:

• Live Chat: Immediate assistance on the HYCM website
• Email: Formal inquiries and detailed assistance
• Phone: Direct verbal communication with support team
• Social Media Platforms: Including Viber, Skype, WhatsApp, Telegram, and Facebook Messenger

The provision of multiple avenues ensures traders can receive support in the way that best suits their preferences.

Client Feedback

Feedback concerning HYCM’s customer service often touches on the speed and relevance of the response given by the support team. Positive reports typically highlight the efficiency of service provided through the various communication channels.

HYCM Payment Methods

HYCM Malaysia ensures its clients have access to a variety of payment methods for both funding and withdrawing from their accounts. The service is designed for convenience with multiple currencies available to accommodate the needs of its diverse clientele.

Deposits

HYCM Malaysia supports instant deposits without additional fees, guaranteeing a smooth transaction process for its clients. Deposits can be made through:

• Credit/debit cards: Including Visa and Mastercard.
• E-wallets: Options like Skrill, Neteller, and Webmoney.
• Bank wire transfer: A traditional method for those who prefer it.
• Local payment systems: Such as China Union Pay and Interac, depending on the client’s region.

The minimum deposit amount is generally set at $20 USD or its currency equivalent, ensuring accessibility for a range of clients.

Withdrawals

Withdrawals at HYCM Malaysia are designed to be just as flexible as deposits. Clients can expect:

• Instant withdrawals: Available with certain methods, providing timely access to funds.
• Multiple options: The same range as deposits, including credit/debit cards, e-wallets, and wire transfers, emphasizing ease and efficiency.

Every effort is made to process withdrawal requests with up to 1 hour of lead time, ensuring that clients are not left waiting.

Currency Options

Clients at HYCM Malaysia have the flexibility to choose from various base currencies for their accounts, enhancing convenience for international trading. Currencies supported include:

• AED (United Arab Emirates Dirham)
• CAD (Canadian Dollar)
• EUR (Euro)
• GBP (Great British Pound)
• RUB (Russian Ruble)
• USD (United States Dollar)

This range of currency options allows for a tailored trading experience, minimizing currency conversion concerns for the client.

Trading Fees at HYCM Capital Markets

When engaging with HYCM in Malaysia, traders encounter various fees that reflect the cost of executing and maintaining their trading activities. HYCM’s fee structure is notable for its competitiveness, and the broker emphasizes transparency regarding the charges that clients may incur.

Spread Costs:
HYCM typically offers both fixed and variable spreads across over 300 trading instruments. Traders can choose to operate on the MetaTrader 4 or MetaTrader 5 platforms, both of which facilitate trading with HYCM’s tailored spread offerings. The distinction between fixed and variable spreads allows traders to select the spread structure that aligns best with their trading strategy and risk tolerance.

Commission Fees:
For certain account types, HYCM charges a commission fee. These commissions are typically low and are designed to be affordable for traders, ensuring that costs do not significantly impact their trading outcomes.

Non-Trading Fees:
In addition to trading-related fees, HYCM may impose non-trading fees, which could include:

• Deposit fees: Generally, HYCM does not charge for deposits.
• Withdrawal fees: Sometimes applicable, but often waived or minimal.
• Inactivity fees: Charged if an account remains inactive for an extended period.

Fee Transparency: HYCM maintains a commitment to providing clear information about its fee structure, with updates available as of October 2023.

It’s important to note that while CFD trading is legal in Malaysia, it comes with a set of restrictions which may influence the fees and charges applicable to Malaysian traders.

In summary, HYCM’s fee structure in Malaysia is built to accommodate a range of trading preferences, offering clarity and competitive pricing in their fee schedule.

Security Measures

When trading with HYCM in Malaysia, clients are offered robust security measures designed to protect their data and funds during their trading activities.

Data Protection

HYCM ensures the safety of client data by employing advanced encryption technologies. Communications and data exchanges between clients and trading servers are secured with 128-bit encryption keys, which is the industry standard utilized in financial operations. This level of encryption safeguards the integrity and confidentiality of the data being transmitted.

Fund Security

For fund security, HYCM adheres to strict regulatory standards. They are overseen by top-tier authorities, including the FCA (Financial Conduct Authority), SFC (Securities and Futures Commission), and CySEC (Cyprus Securities and Exchange Commission). These regulations guarantee that clients’ funds are managed with the highest degree of diligence and offer reassurance that all trading activities are conducted transparently and ethically.

Market Analysis

HYCM offers a comprehensive suite of market analysis tools tailored for traders in Malaysia. This includes real-time data, forecast tools, and expert insights tailored to both short-term and long-term investment horizons.

Daily Outlook

The daily market forecasts provided by HYCM give traders actionable intelligence for the forex, commodities, stocks, and indices markets. Analysts focus on fundamental analysis, offering an overview of how global events and economic reports are likely to influence market movements. Charts and technical indicators complement the fundamental views, providing traders with a well-rounded daily market outlook.

Advanced Insights

For deeper analysis, HYCM’s fundamental and technical analyses explore underlying market trends and potential future directions of financial markets. Seasonal insights and interest rate decisions, such as those by the Bank of England (BoE) and the Bank of Japan (BoJ), are considered in depth to understand their impact on currency pairs like GBPJPY. Market forecasts are updated monthly, incorporating the latest economic data and market sentiment to guide traders beyond the daily noise.

HYCM Malaysia Partnerships and Affiliations

HYCM, also known by its former name HY Markets, has established strategic partnerships and affiliations to enhance its offerings and broaden its services to clients. An integral part of its affiliate network is the HY Affiliates program. This program provides partners with the opportunity to earn commissions by referring new clients to HYCM’s trading services.

Here are some key features of the HY Affiliates program:

• Commission Structures: Partners can choose from a variety of commission structures including Cost Per Acquisition (CPA), Revenue Share, Hybrid Deals, and LOT Rebate options.
• Marketing Tools: HY Affiliates provides a suite of marketing tools to help partners promote HYCM effectively, aiming for high conversion rates.
• Program Revamp: The affiliate program underwent enhancements, presenting potential affiliates with an improved user experience and updated website navigation.

HYCM’s affiliations are designed to create mutually beneficial relationships, where the affiliates not only gain access to a reputable platform in the financial market trading industry but also leverage HYCM’s established presence since 1999.

Through affiliations, HYCM extends its reach within the financial trading community, particularly in regions like Malaysia, where it has confirmed its availability for residents as of October 2023. The commitment to fostering strong partnerships echoes HYCM’s reputation as a regulated online broker, offering an extensive range of instruments across major trading platforms like MetaTrader 4 and MetaTrader 5.

User Experience

In evaluating HYCM’s presence in Malaysia, user experience has revealed two notable considerations: the ease of navigating its website and the efficiency of its account management systems.

Website Navigation

HYCM’s website has been structured to facilitate easy navigation. Clients can access important sections like account information, educational resources, and market insights through a clearly labeled top menu. The site’s responsive design ensures users have a consistent experience across desktop and mobile platforms.

Account Management

The account management interface on HYCM allows users to monitor their investments and conduct transactions with ease. It provides a dashboard that displays essential information such as balance, open positions, and performance metrics in a concise manner. Users can perform actions like funding or withdrawing from their accounts through a simplified process, which supports a variety of payment methods including bank transfers and electronic wallets.

HYCM Awards and Recognition

HYCM, an established online broker in operation since 1999, has earned a substantial amount of accolades in the industry. Throughout the years, their commitment to quality services has been recognized globally. The list below highlights some of their notable commendations:

• Best Mobile Trading App 2020: Recognizing HYCM’s mobile platform for its user-friendly interface and comprehensive trading tools.
• Best Forex Broker UAE 2020: HYCM received this award for its outstanding brokerage services in the United Arab Emirates.
• Best Forex Broker Europe 2019: Awarded by Global Brand Awards, this applauds HYCM for its excellence in forex brokerage services across Europe.
• Best Forex Trading Platform Middle East 2019: Another laurel from Global Forex, this time for HYCM’s trading platform in the Middle Eastern markets.

The company’s customer service, trading environment, and protection measures for investors are also highly rated in various reviews. HYCM’s scores in several categories are as follows:

• Trading Environment: 5.0 / 5
• Deposits and Withdrawals: 3.8 / 5
• Investor Protection: 4.4 / 5
• Customer Service: 3.8 / 5

This recognition serves to solidify HYCM’s reputation as a reliable broker not only in Malaysia but on a global scale. They continue to provide services to Malaysian residents, with verified operations as recent as October 2023. It is evident that HYCM is committed to maintaining a high standard of excellence that resonates with clients and industry bodies alike.

Community Involvement

HYCM Malaysia has shown a consistent commitment to community involvement, understanding the significant role corporations can play in societal development. The company’s community engagements usually revolve around sustainable practices and empowerment initiatives.

Ongoing Activities:

• Educational Support: HYCM Malaysia invests in the local education sector, particularly focusing on early childhood care. They recognize that a strong foundation in early education can lead to long-term societal benefits.
• Environmental Sustainability: With an emphasis on modernization, HYCM aligns itself with NGOs that promote sustainable practices to balance industrial growth with ecological care.

Partnerships:

• Local NGOs: Collaborations with Malaysian NGOs like the Biji-biji Initiative are central to HYCM’s strategy for community engagement, encouraging local participation in various developmental projects.
• Youth Empowerment: Programs designed to develop social capital and community empowerment among Malaysian youth receive support, illustrating HYCM’s belief in nurturing future leaders.

Contact and Accessibility:

Mode of Contact	Details
Telephone	+603 6203 9666
Fax	+603 6203 3398
Email	info@hycm-group.com

Their active involvement is testament to their dedication to contribute positively to Malaysia, striking a balance between corporate growth and the welfare of its communities.