Some people pay too much attention to assessing brokers. They compare different brokerage companies and try to find out which license ensures better protection. Earlier I was also convinced that the choice of the right broker is the bulk of success in trading. Over time I realized that the main thing is that how you analyze the market. Of course, today the brokerage industry is overcrowded with scams, but on the other hand, it’s not a problem to find a genuine broker. All you need to do is to make sure that it’s regulated. Even if your broker has a license from a very reputable watchdog, it doesn’t mean that you will become a millionaire soon. Your major tool in trading is the capability to analyze the market correctly. If you are for some reasons still struggling to do this, don’t persistently try to enter the market. You’d better focus on demo trading. You should have enough practice and over time you will acquire this crucial skill. I don’t know how much time it my take - it’s all individual. As for this broker, it’s genuine, experienced and regulated, but the percentage of profitable trades is not the merit of HYCM, that’s my hard work.