Recalculated 2026-10-25 · Established 1998 · HYCM Ltd
HYCM — Pakistan
HYCM is rated 3.50 out of 5 by our formula (Rank #23 of 35) for traders in Pakistan: round turn 5 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 5 USD against a 7 USD median here · it has been trading for 28 years · it holds a local licence
Look elsewhere if the minimum is 100 USD against 7.5 USD in this market · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- HYCM Ltd
- Licence number
- 1442313
- Established
- 1998group
- Min deposit, USD
- 100 USD
- Platforms
- MT4 · MT5
- Local funding
- Cards, bank wire, Skrill/Neteller, crypto; local
- Max leverage
- 500geo
- EURUSD
- 1.2 pipsgroup
Accounts (3)
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the Pakistan middle (36 of 63)
| HYCM | Pakistan median | |
|---|---|---|
| Round turn, USD | 5.0 USD | 7.0 USD |
| Min deposit, USD | 100 USD | 7.5 USD |
| Max leverage | 500geo | 750.0geo |
| Withdrawal, h | 1 hour to 7 business days hgroup | 24.0 h |
| EURUSD, standard | 1.2 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 1998group | 2006.5 |
| Platforms | 2 | 3 |
Accepts residents of Pakistan
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
HYCM Ltd
Offshore entity
Pakistani clients served under offshore HYCM Ltd (Cayman Islands).
What users rate it, and how many
Trustpilot rating of 1.9/5 based on approximately 134 reviews
Round-turn cost next to the Pakistan median (36 of 63)
raw+commission
Taking money off the account
What the account tiers cost
Fixed, Classic, Raw, VIP; min deposit USD 100.
Terminals and instruments (2)
MT4 · MT5
FX, indices, commodities, shares, crypto CFDs.
Pros and cons
Pros (3)
- Round turn 5.0 USD against a Pakistan median of 7.0
- Swap-free account available
- Withdrawal published at 1 hour to 7 business days h
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Tax on trading gains in Pakistan
Forex/derivatives trading profit for residents is generally taxed as income; where treated as capital gains on movable assets (other than exchange-traded securities) it is taxable at the individual's normal slab rates (as of the review), while listed-securities gains and foreign shares/funds carry specific rates (foreign shares/mutual funds ~15% flat per PwC). Residents taxed on worldwide income;
Where it does not serve
Afghanistan, Belgium, Hong Kong, United States
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
FAQ (5)
Does HYCM accept residents of Pakistan?
Through an offshore entity.
Which entity onboards a Pakistan client of HYCM?
HYCM Ltd
What licence does HYCM hold for Pakistan?
Licence 1442313.
What does one EURUSD lot cost at HYCM?
5.0 USD per round turn against a Pakistan median of 7.0 USD, measured on 36 of 63 brokers.
How long does a withdrawal from HYCM take?
1 hour to 7 business days hours as published. fund withdrawal may take 1 hour to 7 business days