📋
HYCM Overview for Uzbekistan
HYCM (Henyep Capital Markets) is a globally recognized forex and CFD broker founded in 1977, with headquarters in the UK. With nearly 50 years of experience, it has built a strong reputation for transparency, regulation, and reliable trading services. For Uzbekistan traders, HYCM offers a compelling proposition: access to international markets with leverage up to 500:1, competitive spreads, and multiple account types. The broker supports local deposit methods like Bank Transfer, Skrill, and USDT (Tether), making it easier for Uzbek traders to fund accounts in USD. While HYCM is not regulated by the local financial authority in Uzbekistan, its oversight by the FCA, CySEC, DFSA, and CIMA provides a layer of security. The broker’s long history and global presence make it a trustworthy option for retail forex traders in Uzbekistan, especially those seeking a stable, well-regulated environment.
| Detail | Information |
|---|
| Founded | 1977 |
| Headquarters | UK |
| Regulated by | FCA,CySEC,CIMA,DFSA |
| Min Deposit | $20 |
| Max Leverage | 500 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
🛡️
Regulation & Safety — Is HYCM Safe for Uzbekistan?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Uzbekistan traders
Always verify HYCM's regulation at the official regulator website before depositing.
📉
Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
💼
Account Types for Uzbekistan Traders
Standard Account
No Commission
Min Deposit$20
EUR/USD Spreadfrom Check broker
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$20
EUR/USD Spreadfrom Check broker
CommissionVaries
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
💳
Deposits & Withdrawals — Uzbekistan Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Uzbekistan deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️
Islamic Account — Uzbekistan Muslim Traders
HYCM offers a genuine Islamic (swap-free) account for Muslim traders in Uzbekistan who wish to trade in accordance with Sharia law. This account does not charge or pay swap (overnight interest) on any positions, and it is available on all account types (Standard, Fixed, ECN). There are no hidden fees or administrative charges, making it a transparent option. To apply, simply contact HYCM customer support via live chat or email, and request the swap-free status. It is typically activated within 24 hours. This is a significant advantage for Uzbekistan’s Muslim-majority population, as many brokers impose fees after a certain period, but HYCM does not.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊
Instruments & Markets in Uzbekistan
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Uzbekistan traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Uzbekistan traders.
🎓
Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Uzbekistan traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬
Customer Support — Uzbekistan Review
Support verdict for Uzbekistan
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️
Common Mistakes Uzbekistan Traders Make with HYCM
- Mistake: Not verifying HYCM’s FCA license (186171) on the FCA register before depositing – always double-check to avoid scams.
- Mistake: Using a bank transfer without checking intermediary fees – these can eat into your deposit, especially for smaller amounts.
- Mistake: Assuming the Islamic account is automatically applied – you must request it via support, or you will be charged swap fees.
🔍
HYCM vs Competitors in Uzbekistan
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| HYCM (current) | $20 | Check broker | Yes | No | 3.6 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
🔒
Security & Fund Protection — HYCM
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Uzbekistan traders
HYCM segregates all client funds and is regulated by top-tier authorities.
⭐
HYCM User Reviews & Ratings
CompareBroker Expert Rating
3.6
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰
HYCM Latest News & Updates 2026
HYCM expands TradingView integration
HYCM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
HYCM maintains top-tier regulatory status
HYCM continues to hold its regulatory licenses, ensuring client fund protection for Uzbekistan traders.
New instruments added for Uzbekistan traders
HYCM has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is HYCM Worth It for Uzbekistan Traders?
3.6/5
★★★★★
HYCM is a reliable and well-regulated broker that is suitable for Uzbekistan traders who prioritize security and a long track record. Its multi-regulation by the FCA and CySEC offers peace of mind, while the availability of USDT, Skrill, and Bank Transfer deposits makes funding easy. The Islamic account is a genuine benefit for Muslim traders. However, the lack of local regulation and no Uzbek language support may deter beginners. HYCM is best for experienced retail traders in Uzbekistan who understand the risks of offshore regulation and want a stable, transparent broker. If you value regulatory safety over the lowest spreads, HYCM is a solid choice.
❓
FAQ — HYCM for Uzbekistan Traders
Is HYCM safe for Uzbekistan traders?+
How can I deposit money in HYCM from Uzbekistan?+
Does HYCM have Islamic account?+
What is the minimum deposit for HYCM in Uzbekistan?+
What trading platforms does HYCM offer?+
Is HYCM regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
