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More about HYCM
Broker availability
Is HYCM Available in 🇮🇳 India?
Yes — HYCM is available in India
HYCM accepts clients from India. Regulated by CySEC & DFSA.
Availability last verified: October 2026
Broker availability in 🇮🇳 India
155 / 341 brokers155 out of 341 brokers in our database accept clients from India (45% availability). See all available brokers →
Is HYCM the right fit for you?
Get matched to brokers for your country, market and style — free, ~30 seconds.
HYCM vs alternatives in 🇮🇳 India
| Regulator | CySEC, DFSA | FCA, CySEC | FCA, ASIC | Labuan FSA, CIMA |
| Min. deposit | $100 | $100 | $100 | $5 |
| Spread from | 0.2 pips | 1 pips | 0.6 pips | 0.5 pips |
| Max leverage | 500 | 500 | 500 | 1000 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose HYCM in 🇮🇳 India?
Min. deposit
$100
Spread from
0.2 pips
Max leverage
500
BrokerRank score
3.56 / 5
- Negative balance protection
- Founded 1977 — one of the oldest CFD brokers
- FCA, CySEC and DFSA regulated
- Fixed, classic and raw spread accounts
- Regulated by CySEC & DFSA — legally available to India residents under SEBI (Securities and Exchange Board of India)
Trading conditions in 🇮🇳 India
Regulated by SEBI (Securities and Exchange Board of India). Max forex leverage: Not permitted for retail. Permitted instruments: Stocks, Futures, Options, Mutual funds. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
Other recommended brokers available in 🇮🇳 India
Comparing HYCM with other brokers available to India traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
- Negative balance protection
- No deposit/withdrawal fees
- Very low minimum deposit ($5)
About HYCM
Regulated by
CySEC, DFSA
Headquarters
London, UK
Founded
1977
Min. deposit
$100
BrokerRank score
3.56 / 5
Markets
crypto, cfd, commodities
Frequently Asked Questions
1Is HYCM available in India?
Yes — HYCM accepts clients from India. The broker is regulated by CySEC and DFSA. You can open a live account directly through their website.
2What are the best alternatives to HYCM for India traders?
Brokers we recommend in India include ForTrade, FxPro, Deriv. All are verified to accept clients from India and are regulated by reputable authorities.
3Can I use a VPN to access HYCM from India?
Using a VPN to circumvent geo-restrictions violates HYCM's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in India?
Retail forex trading through offshore brokers is not officially permitted in India. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted. Traders in India should use locally licensed and regulated brokers.
5What leverage is available for traders in India?
Forex: up to Not permitted for retail. Stocks: up to 1:5 (equity). These limits are set by SEBI (Securities and Exchange Board of India) and apply to all licensed brokers serving India residents. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
6Which financial instruments can traders in India access?
Traders in India regulated by SEBI (Securities and Exchange Board of India) can access the following instruments: Stocks, Futures, Options, Mutual funds. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
7Which brokers accept clients from India?
155 out of 341 brokers in the BrokerRank database accept clients from India. Recommended options include ForTrade, FxPro, Deriv. You can see the full list on our India brokers page.