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HYCM platforms and what happens when they go down
A platform outage with open positions is a failure of its own kind. Here is what HYCM runs and what protects you on it.
Regulation: FCA (186171); DFSA (F000048). How HYCM is regulated
Facts last checked . Read the full HYCM review.
Platforms and tools
- Platforms
- HYCM Trader, MetaTrader 4, MetaTrader 5, WebTrader
- Own platform
- Yes, HYCM Trader
- Mobile app
- Both proprietary and third-party
- Browser trading
- Yes
- Automated trading
- Yes; MT4/MT5 Expert Advisors and automated trading
- Copy trading
- No
- Indicators
- 30+ MT4; 38+ MT5; additional proprietary-platform tools
- Third-party tools
- Seasonax, Financial Source, Trading Central
- API access
- Yes, institutional connectivity
What this means
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
Questions about HYCM platforms
What platforms does HYCM offer?
HYCM offers HYCM Trader, MetaTrader 4, MetaTrader 5, WebTrader.
Does HYCM have a mobile app?
HYCM's mobile app is recorded as: Both proprietary and third-party.
Does HYCM have its own platform?
Yes. HYCM runs its own platform alongside any third-party software it offers.
Platforms at brokers under the same regulator
- HF Markets platforms also licensed by FCA
- CMC Markets platforms also licensed by FCA
- Tickmill platforms also licensed by FCA
- IG platforms also licensed by FCA
- Plus500 platforms also licensed by FCA