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HYCM Reviews

3.0 Rating 692 Reviews
52 %
of reviewers recommend HYCM
3.0
Based on 692 reviews
Customer Service
Communication Channels
Email, Telephone, Live Chat

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Anonymous
Anonymous  // 01/01/2019
attractive conditions. once you wanna start trading you can apply to this company and open here an account. you have three account types and all of them have their own unique conditions, however no ability to use EAs on fixed account disappointed a lot, because I am fond of fixed spreads and using EAs at teh same time. think that it will be fixed sometimes as I really wanna trade this way.
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Posted 3 years ago
safety of funds prevails over other insignificant aspects, imho. hence I have chosen this company as the primary broker. it has proven me that it cares about funds security.
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Posted 3 years ago
I want to share my experience with customer service. For all my questions, I received answers in shortest time possible. Here example. Once I duplicated payment by mistake. I did not know what to do and contacted support service. My account manager told me to request withdrawal. In the end, money returned to my debit card within few days. Manager explained to me that if I accidentally funded my trading account in future, I should withdraw money in usual way. So now I am careful with my funds! In all other situations, I also received help from my manager. In my opinion, customer service is very professional.
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Posted 3 years ago
im not a fan of brokers like this one, but truly speaking it is a competitive broker and my opinion is subjective. there is everything you need to build your deposit and trade like a professional investor.
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Posted 3 years ago
HYCM is experienced broker. I mean, they've been in business for over 20 years. In that time they've learned how to interact with their clients. Let me tell you about myself. We know that significant economic and political events have powerful influence on financial markets. That's why I always follow news in my trading. It's very convenient to use economic calendar. Let me tell you what it is. It is list of news events of day or week with brief description of their influence on market. Calendar that HYCM provides is very informative and easy to use. Stay tuned, friends.
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Posted 3 years ago
When it comes to safety and reliability HYCM is the one that I think of. It has all the necessary features for a broker, nothing excessive. 1) decades of brokerage experience. I think hardly any broker company can compete with HYCM on that. It has such a long history, sometimes it seems that it has been on the market forever, since the dawn of humanity. 2) tradable entities. HYCM broker gives access to 300+ assets across five markets. There are companies with many more instruments available. But, ask yourself, do you really need that many? It's good in theory, but in reality you usually use 3-5 assets on a regular basis, maybe 8 at most. So I think 300+ is more than enough. Ultimately if a trader can’t trade successfully 20 instruments, 10,000 won't save him. 3) platforms. HYCM has only meta trader platforms 4 & 5, just the good stuff. It’s convenient, established, and reliable. 90% of traders know how to deal with it. And if you don’t, you should start learning it, because it's an industry benchmark. The bottom line if you are looking for a broker with stable performance, HYCM is the one
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Posted 3 years ago
When I opened an account with this broker I got comfortable trading conditions.Before I opened account, I carefully read these terms and conditions. They are completely suitable for me. I am constantly learning new things. And I am implementing new ideas in my trading. I am sure that they will be fully suitable for my future trading. If something doesn't fit, I will be able to change my account. Broker offers several account types to choose from. Each of them offers unique conditions.
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Posted 3 years ago
to make money you dont need much deposit but only BRAIN and trustworthy BROKER! even youngsters opening accounts and trade with profits. why cant you. hycm gives all tools, markets and opportunities.
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Posted 3 years ago
I always choose a trusted brands. user-friendly website. an excellent example of what broker should be. They have also a great choice of instruments for trading. The minimum deposit here is only $100, I think it's great for beginners. Recomended!
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Posted 3 years ago
I would like to tell you about their webinars. We are all used to the fact that for most brokerage companies, webinars are purely an advertising when they show you what a wonderful company you are and how many opportunities there are. HYCM did something completely different. They made a really educational format that gives you an understanding of some new processes or terms and with which you can understand something. Real examples. complete algorithms. New strategies.
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Posted 3 years ago
A few weeks ago I made a very important decision. I opened an account here. HYCM broker provided great offer. I read some reviews and I was impressed. I don't want you to think that I'm advertising the broker... this is just my HYCM review... that's all... Anyway, I liked that this company has been around for a long time and is probably one of the leaders in the industry. Moreover decent regulators approved HYCM... guys, that's saying a lot. First of all it's legal and fair! Secondly, money is protected. Of course even God does not give 100% protection so you should always be careful. When you create an account, a password or just trade. My experience with HYCM is positive and I glad I made my decision.
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Posted 3 years ago
Multi assets broker company with long history. I'm ok with hycm. can be trusted
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Posted 3 years ago
This broker, of course, has some disadvantages. But they are not of great importance. But the advantages are significant. I know what I am talking about because I have been trading with HYCM for more than two years. There are a lot of trading instruments and I like them. Execution is in fast enough. My withdrawal is not as fast as I would like it to be. Especially since I use bank transfer and it always takes longer.
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Posted 3 years ago
It was very interesting to try CFD trading. I didn't really know what it is before. HYCM offers to trade stocks while you don't have to buy it really but make money on price differences over a period of time.
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Posted 3 years ago
My friend once told me to pay attention to HYCM broker. Previously, I was trading with another broker and actually successfully, I managed to earn 500$ within a month and I am proud of it :) He told me thag the conditions here are twice better and invited me here. Y started to egt acquianted with the company and it took just half of the day, lol, don't be surprised, I thoroughly read all the information, provided on the website in order to understand what I am going to deal with. YOU MUST READ TERMS AND CONDITIONS. NEVER AVOID IT. Be a wise trader, do the same. Already making profits. Brokers have quity a similar condition - so the main thing is to be sure you profit will be withdrawn. I'm sure in HYCM
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Posted 3 years ago
well... as for the experience with this broker, the only thing i can say - so-so. it doesn't mean that it's bad ofc. everythign was pretty cool and my journey with this company I assess as the useful journey as i gained plenty of experience, but hte fact that fixed account doesn't have lots of advantages is true, simly regular, at least this is my OWN vision. Still I will continue to trade here as broker is well-regulater and won't cheat you
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Posted 3 years ago
HYCM is in the top 5 of my fav brokers. Not just because it's a well-regulated broker. I know how to distinguish reliable brokers even don't look at their regulations :) If you wanna have such skills, develop in trading and receive experience. A fixed account is my fav one, mainly because the spreads here are fixed. what a surprise huh? :D Anyway, i'm good with HY
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Posted 3 years ago
So, broker was advised for me by my close friend who is also fond of trading. I trade here and I can state broker seems to me quite legit and conviniet.
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Posted 3 years ago
HYCM seemed to me pretty odd when I first met it. Anyway, I decided to try trading with it. After a couple of days of trading on the demo account, I understood that I was mistaken. Demo trading here is ordinary, nothing unique. The special form that determines which type of account suits you most is innovative. I have never faced in my trading career something like this. For sure, it's a pretty helpful system for new traders who can't understand what conditions would suit them most.
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Posted 3 years ago
HYCM broker seemed to me weird at the beggining. All the traders have to check brokers before making depo and start trading. traders don't likedemos because believe that they spend time for nothing, I believe it's wrong. This broker attracted me by its accounts. three main accounts and all of them are unique and suits different trading strategies, but the customer support responds may be slow, rarely. The general score - 4 stars
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Posted 3 years ago
HYCM is rated 3.0 based on 692 reviews