HYCM Reviews

Name: HYCM
Rating: 3.01

3.0 Rating 693 Reviews

52 %

of reviewers recommend HYCM

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3.0

Based on 693 reviews

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HYCM 1 star review on 17th December 2025

Anonymous

Anonymous // 01/01/2019

Sort by: Most Recent Most Recent Highest Rated Filter: None None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“This is multi-regulated brokerage that offers access to the world of trading .Among the regulators there are FCA and CySEC. For me that was the main reason to trade with this brokerage, as I like when everything is according to the laws. What about trading process there it's quite typicall, spreads are affordable for broker of such kind and assets list is wide enough to satisfy almost every trader.”

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Posted 5 years ago

“Personally, I didn't find anything that would make a broker stand out in any way. It has comfortable trading conditions, but so do many brokers. It is a reliable broker, but it also has some small disadvantages. For example, I don't like the fact that at a broker has a choice of account types, but they are all very, really different. I would like to see that the trading conditions on each type of account aren't that different, as it really becomes difficult to choose. On the other hand, brokerage has a test to help you choose your account type. But even so, it still turns out to be too confusing. Generally, I'm satisfied with the broker's work, but it still has something to work on.”

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Posted 5 years ago

“It seems to me that this is a rather conservative but open to progress company that remembers all the important things - demo, MT4, analytics, forex calculators - there is everything you need.”

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Posted 5 years ago

“I am satisfied with the fact that here you can work with different terminals and with different instruments, indicators, it allows you to develop and adapt to changing market conditions...”

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Posted 5 years ago

“My favorite brokers, sometimes spreads are higher than with other brokers. But I've tried other brokers and they much worse in trading, so I always came back. This brokerage really deserves the best point.”

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Posted 5 years ago

“I think that now trading is going through a good period, because it becomes more popular at a time when people can't implement some projects in reality, and here you can work without leaving your own house and it's really something new for people who have never gone beyond the limits before. And this is really good news, because this is a real perspective that I saw in this business many years ago. And it's really understandable if you find a brokerage company like this. Because it was able to organize all the conditions for a person to understand what the market is and see all the opportunities. This is where I learned what raw spreads are and how you can use them in your work. That's where I figured out the calculations of profit and free margin.”

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Posted 5 years ago

“My favorite broker. I've known about this company since the early 2000s, but as I understand it, Heynep has existed since the 1970s. It demonstrates the company's approach to business. It's not just a 5-10 year project that will then disappear, it's a company with a reputation that wants to work to maintain and improve it. It may not seem important to you, but it is. Only by trading with well known brokers that you protect your funds. Moreover, HYCM has all the necessary regulations, so from the point of view of the law you are also 100% protected. My experience with HYCM is very positive. I make 10-12% per month to my deposit and on average make one withdrawal in 1-2 months”

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Posted 5 years ago

“if you've been unfortunate enough to come across an infectual trader and as a result you ended loosing your money, I'm recommending these trustworthy and field-tested Recovery Expert Team.. contact at angelacanutt @ gmail. com for help relating to trade loss or withdrawal issues.”

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Posted 5 years ago

“I'm trading because it gives me a huge amount of pleasure. But money, too, of course. And even some technical difficulties or problems don't embarrass me much, it's all temporary, but when you catch the "right wave" - you can really earn quite a lot, of course, if you have a good understanding of what you're doing. Not the last thing that matters is the brokerage company you've chosen. For example, in this one I am attracted to convenient services for calculations. And there are great articles and tutorials on forex. I recommend that you at least get acquainted with basic reviews.”

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Posted 5 years ago

“It wasn't love at first sight for sure. However, after several month I can claim that the broker deserves trust. My trouble was the choice of a trading account. I trusted the 4-5 questions test that they've had on the website that was supposed to help you deal with this choice and offer the most suitable account type. I was new to forex trading back then and had difficulties to understand which fees approach would be the most favorable in my case. In any case, all eneded well, I spoke to the manager and was offered to transfer to the other account type which made me much happier client. In general I can recommend the broker.”

Helpful Report

Posted 5 years ago

“CLASSIC account is exactly what I needed. The broker's trading conditions were fully in line with my expectations and I'm more than happy about this fact.”

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Posted 5 years ago

“Just ok regulated brokerage, sometimes spreads are higher than with unregulated brokers, but I'm ready to pay more to know that I'm trading with sustainable brokerage that won't scam me.”

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Posted 5 years ago

“I feel very comfortable in this company, mostly because there is regulation and a clear user agreement. And there are also different trading formats, including raw spreads, which are now in great demand among traders who prefer short-term, dynamic positions.”

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Posted 5 years ago

“In over six months of trading here I only had 2-3 slippages and that probably was not the fault of the broker as those stop-loss orders were executed at the time of the news release. Can't complain about support either. I don't know what else to wish. from the broker. The only thing that could actually be improved is probably the fees policy.I registered an account with the fixed spreads and this was probably not the best idea. Looks like the trading costs can be lowered significanty if I swith to raw account or at least a standard one.”

Helpful Report

Posted 5 years ago

“I'm trading big money, so I prefer regulated brokerage with clear conditions. Today there's a lot of unreliable companies and I even don't mean that they want to scam you. I just mean ther such companies may be good for brokers with small deposit, but if you're looking to trade big money - you should take care about security. Why I've choose this broker? That's combination of two factors - FCA regulation and good trading conditions. That's simple. I just need reasonable spreads and good clients' support combined with high reliability. There I get both of this sides, so I just trade.”

Helpful Report

Posted 5 years ago

“I think it's one of those brokers that immediately explain all the terms of cooperation, etc., so that you don't have any questions later. You just look at their website. Where have you seen such a clear and detailed description of all services? When their manager called me to clarify whether everything is fine and there are questions, there was nothing to ask. Everything is clear. And separately it is worth highlighting their trainings, which are designed for traders with different levels of training and approach to the market, here you can always find something useful for yourself.”

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Posted 5 years ago

“It's my first brokerage and I'm really satisfied with education there.I haven't tried rea trading yet, but education is really good. There are E-books and videos + blog articles, but the best one are webinars. I think that's top notch education, really designed to help people become better. I also wanna try Live events, but it's hard to afford =( I think it can really boost my understanding of the market + a lot of useful connections with other traders.”

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Posted 5 years ago

“There are all the necessary assets here so that you can form a quality investment portfolio. And at the same time you immediately see both the spread and the available leverage, which allows you to spend your time and work with maximum productivity.”

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Posted 5 years ago

“To tell the truth, I'm very close to losing faith in the idea a person can earn a living with forex. When I started working with this broker, I had a well-paid job. Trading was just a hobby for me, yet I was earning something. Considering the deposit was rather small, the earning weren't that big too. Not enough to quit the job. No complaints about the broker, they've always do their part of the job fine and even withdraw the profits quickly enough, no harsh feeling for sure. Yet, shart after the lockdown I had a huge cut in the salary at my regular job. I though I could compensate it with trading but was wrong. The more you need the money, the more pressure is there. Trades weren't as good as they used to be. I think I will try for another month or too and quit if it doesn't work out.”

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Posted 5 years ago

“Training has now become an actual offer from many brokers. But not everywhere this content is qualitative. And here they have prepared brief, informative articles that can be applied in practice.”

Helpful Report

Posted 5 years ago

HYCM is rated 3.0 based on 693 reviews