HYCM Reviews

Name: HYCM
Rating: 3.00

3.0 Rating 696 Reviews

51 %

of reviewers recommend HYCM

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3.0

Based on 696 reviews

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HYCM 1 star review on 17th December 2025

Anonymous

Anonymous // 01/01/2019

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“Finally a no-dealing desk broker with fast enough executions.They promise that on the website and it was pleasant to find out its true. This really is important for your overall success on the market.”

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Posted 5 years ago

“I’m VERY pleased. I came to this broker because of good trading conditions and tons of cryptoassets in the asenal. Minimal slippages (fast executions) became a good bonus to the other nice things.”

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Posted 5 years ago

“Fine broker. It’s got excellent conditions for raw accounts. In my experience this is a great offer. But I don’t trade intraday, my position size is no less than one lot, so it’s definitely worth it. Not sure about other account types.”

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Posted 5 years ago

“There is nothing special about HYCM broker in my opinion. Just a normal broker with normal spreads, fine trading conditions and standard tools and assets. Well, maybe they offer more crypto assets than others, but this is not what I’m particularly interested in. But I am interested in quality service and I bet you are too. So if you are still looking for a broker, I can suggest trying HYCM.”

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Posted 5 years ago

“Really outstanding brokerage. I'm here with HYCM for 5 years. Regulated (and that's extremely important) by reliable authorities (including the Brithish one - FCA). With tight spreads, only $100 innitial depo and many assets to trade, including ETFs (I prefer trading them the most). I, honestly, see pros only :)”

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Posted 5 years ago

“Brokerage was founded in 1977, that's I see isn't so important, but shows that brokerage isn't freschcomer and operates for a long time. I think 40 years is a time, when brokerage can build up it's own reputation and make everything to save it. HYCM (former HY Affiliates) 100% justifies it good reputation. I trade with it for 4 years and noticed positive things only - tight spreads, regulations, order execution clearness and a lot of assets (around 300). The forex trading costs at HYCM depend on the type of account established, ranging from the Fixed, Classic, or Raw account type. BTW, spreads for EURUSD are 2 pips for fixed account, that's higher than Classir or Raw, of course, but lower than competitors offers.”

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Posted 5 years ago

“I even don't remember how I learned about HYCM. For me it was like Coca-cola or KFC, you just know about it, cause you face with it for a long time. HYCM was the same story - brokerage is popular and I know about it even before I got interested in trading. Of course, that isn't sign for something, but I think that is markable story - the brokerage can't be popular 'for nothing', so HYCM's popularity was a result of everyday working-hard for traders' satisfaction.”

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Posted 5 years ago

“This Broker is scam and after closing my account as I mentioned early without any notification and now saying we are not going to refund the profit, and will only refund the deposit amount what the hell is this if we are in profit they will not refund our money our asset. Account Manager call and said this is company policy and do whatever you can do, company is a boss and we can close anyone account and can do anything. Please suggest what is a best platform to raise a complain against them for taking up my profit which is my asset they are holding and I have all the proves to share. i have contacted venomthreads,com like was suggested on quora, since i've been waiting for response and i didn't get any from their customer service.”

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Posted 5 years ago

“I’m the happiest person in the world cause I’ve doubled my account today. It took little longer than a year but the result is worth it! Thanks god HYCM turned out to be an honest broker. I know some brokers don’t let their customers win and in the beginning I feared that this was the case with HYCM. I was such a loser but was hoping it’s because of the broker and changing the brokerage will help! But I tried again and again, spent hundreds of hours glued to the screen with charts. Finally the equity started growing an I can tell for sure now that HYCM is a fine broker, and the laziness is the cause of trader’s failures most of the times.”

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Posted 5 years ago

“I don’t know a single reason why anyone would doubt that HYCM is doing a great job. Come on, 20+ years being an online brokerage! That’s awfully long. HYCM is an alligator of online trading world. The one that’s been walking around with dinosaurs of the business. Jokes aside, this is a great choice if you trade forex and are familiar with MT4.”

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Posted 5 years ago

“Very good broker if you're looking for low spreads, fast execution and low slippage. I opened an account 3 months ago, my account was ready to trade within an hour. The funding was very fast, I made a bank transfer in real time, the money was credited to my trading account instantly. Last week, I withdrawn some of my profits pretty quickly and with no headache. HYCM is far ahead of other brokers, it's so great and if there is ever a problem, its support team is always here to help you as quickly as possible. I'm 100% satisfied!”

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Posted 5 years ago

“Whatever happens is for good. This optimistic principle works for me at all times. I’ve lost some money and nerves with the previous brokerage. I’ve lost a fairly big part of my capital with the market move that appeared on their charts but if was not present in other quotes from independent data providers. Sure enough, I transferred all the money to another brokerage that turned out to be HYCM. Here I found raw accounts, which gives some really nice trading conditions. 0.2 spread for EURUSD for example. There is extra commission per round turn on this account type, but it still fits perfectly my trading style and every month I started spending much less money on trading commissions in comparison to that other brokerage which I thought had some nice conditions either.”

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Posted 5 years ago

“For me that is Number One brokerage, I trade with them so long ( I don't remember exact number) and never even thoudght about moving to other brokerage. I like HYCM not so for trading conditions (for brokers of that tier trading conditions are always good), but for its regulations and long history, When I meet with other traders and say "Mates, I'm trading with HYCM they say: "Wow... Nice choice!", so trading with HYCM is not only about convenience, but also about my status.”

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Posted 5 years ago

“I trust HYCM and it means A LOT cause normally I don't trust companies. Expecially onces doing business in a financial sector. But HYCM has been building up reputation for decades and it definitely deserves the respect. I am happy to recommend the company to nay online traders looking for a reliable certified brokerage with nice spreads policy.”

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Posted 5 years ago

“Brokers are all pretty much same. Sure enough I’m speaking of regulated brokerages only. The unregulated can promise to take you to the economic calendar moon along with your fav asset price, but what’s the point of such promises? Unregulated brokers only want you to lose. THE END. Speaking of HYCM I think they really do have about average trading conditions. However, this is one of the oldest and most reliable companies in the world. Secondly, they have some neat features on their website, so I tend to stick to it for these minor but nice details like forex calculator, and, most importantly, the webinars! For example they’ve invited Gile Cohlan to do the webinar this month ;)”

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Posted 5 years ago

“It has been really hard losing a lot of my money to these binary options trading companies. Fortunately, I found a Recovery Pro who made sure I got back everything I lost. If you are in a similar situation and lost a lot of money, you can emaiI me to share my experience and how I had my money recovered. maggiealder {at} gmail_com”

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Posted 5 years ago

“loving it”

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Posted 6 years ago

“Excellent”

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Posted 6 years ago

“It was very informative”

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Posted 6 years ago

“Thanks Giles for giving me the birds eye view of the market by looking at Fundamental Analysis as a driving force of the market. Thanks, Santosh More”

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Posted 6 years ago

HYCM is rated 3.0 based on 696 reviews