HYCM Review 2026: A Detailed Look for Liechtenstein Traders

Founded in 1977 and headquartered in the UK, HYCM (Henyep Capital Markets) is one of the longest-established forex and CFD brokers in the industry. For traders in Liechtenstein, HYCM offers a robust trading environment with access to over 55 currency pairs, indices, commodities, and cryptocurrencies. The broker is particularly suitable for retail forex traders in Liechtenstein who value regulation and stability. With a minimum deposit of just $100, it is accessible to beginners, while its advanced ECN accounts cater to experienced scalpers. The broker supports Bank Transfer, Skrill, and USDT deposits – the latter being increasingly popular among crypto-savvy Liechtenstein traders. Although HYCM is not regulated locally by the Liechtenstein Financial Market Authority (FMA), its FCA and CySEC licenses provide a strong safety net. Overall, HYCM is a solid, trustworthy broker for Liechtenstein residents seeking a reliable platform with competitive spreads.

HYCM offers Islamic (swap-free) accounts for Muslim traders in Liechtenstein who wish to comply with Sharia law, which prohibits earning or paying interest (riba). These accounts have no overnight swap charges on forex, commodities, and indices positions. However, there is a caveat: after holding a position for a certain period (often 10-14 days), the broker may charge a small administrative fee. This is common among brokers offering Islamic accounts. To apply, Liechtenstein traders need to contact HYCM's customer support and provide proof of Muslim faith (e.g., a statement or ID). The Islamic account is available on both Fixed and ECN account types. It is a genuine swap-free offering, but traders should read the terms carefully to avoid surprises. Overall, it is a good option for Liechtenstein Muslim traders.