HYCM Reviews

Name: HYCM
Rating: 2.81

2.8 Rating 868 Reviews

47 %

of reviewers recommend HYCM

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2.8

Based on 868 reviews

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HYCM 5 star review on 14th September 2026

Anonymous

Anonymous // 01/01/2019

Filter: Rated 5 None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“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 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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

“Well done seminar”

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Posted 6 years ago

“Outstanding customer service from Mohamad Sheikho”

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Posted 6 years ago

“HYCM is one of the most reliable brokers out there. l have been with them for over a year l got no complaints at all. Starting with ease in depositing my funds account to withdrawals. l have dealt with 2 other brokers and l quit them due to restrictions on their systems, l had a tough depositing with regular Visa cards due to crazy security restrictions. With HYCM all major cards even debits are accepted and its all instant. One more benefit of dealing with HYCM is the friendly customer service, prompt response to requests. l also have access to great trading tools like Trading central which gives me an edge over many traders. I can base my trade via sound technical analysis done by professionals. Its all free by the way in their platform. I will recommend this broker to anyone looking for a reliable partner in forex trading. Prince”

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Posted 6 years ago

“HYCM is the most reliable brooker I have experienced. I do not have any issues depositing funds and withdrawals. My account manager is very polite and always aims to deliver his 100 percent satisfaction. Thanks!”

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Posted 6 years ago

“HYCM is the second broker I have used since I started to learn trading and I can not be any happier with the experience. The best thing about HYCM is the personal assistant ( Gina) who is always available and happy to help you. I hade few issues in the last few weeks and she was always welcoming and helpful and flowing up till the problem solved. Really appreciate your professionalism and happy to be working with your team. Erfan”

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Posted 6 years ago

HYCM is rated 2.8 based on 868 reviews