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HYCM fees

Cost is where brokers in the same regulatory bracket actually differ. The full fee record for HYCM, from the database.

Facts last checked . Read the full HYCM review.

What it costs to trade

Spread from
0.1 pips
EUR/USD spread
Approx. 0.2 pips, Raw
GBP/USD spread
Approx. 0.5 pips, Raw
Commission
$2 per side / $4 round turn, Raw
All-in cost, EUR/USD
Approx. 0.6 pips
Spread type
Fixed and variable, account-dependent
Overnight swap
Both: overnight swaps may be charged or credited
Inactivity fee
$10/month after 90 days inactivity
Deposit fee
None internally
Withdrawal fee
Generally none internally; payment-provider/bank fees may apply
Currency conversion
Currency conversion at applicable exchange rate

What this means

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.1 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

HYCM lists a minimum deposit of $20. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about HYCM fees

What is the EUR/USD spread at HYCM?

HYCM records an average EUR/USD spread of approx. 0.2 pips, Raw on a fixed and variable, account-dependent pricing model.

Does HYCM charge commission?

HYCM's commission is $2 per side / $4 round turn, Raw. A commission account usually pairs with a tighter spread, so the two have to be read together.

Does HYCM charge an inactivity fee?

HYCM's inactivity fee is recorded as $10/month after 90 days inactivity.

Fees at brokers under the same regulator

More about HYCM