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HYCM Reviews

3.4 Rating 589 Reviews
60 %
of reviewers recommend HYCM
3.4
Based on 589 reviews
Customer Service
Communication Channels
Email, Telephone, Live Chat

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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 5 years ago
Excellent
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Posted 5 years ago
It was very informative
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Posted 5 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 5 years ago
Well done seminar
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Posted 5 years ago
Outstanding customer service from Mohamad Sheikho
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Posted 5 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 5 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 5 years ago
I am happy for choosing HYCM for trade, and will recommend to my friends to work with.
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Posted 5 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 5 years ago
Я мало пользуюсь. Желаю улучшить безопасность средств клиентов,и ни в чем не сотрудничать с властями РФ , тк налоги идут на вооружение против вас же. Только почему то ваш терминал мт4 в моем планшете всегда скидывает график до евро доллара... Другие брокеры оставляют графики при переходе к ним, а у вас сброс почему то...
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Posted 5 years ago
HYCM is rated 3.4 based on 589 reviews