HYCM Reviews

Name: HYCM
Rating: 2.76

2.8 Rating 815 Reviews

45 %

of reviewers recommend HYCM

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2.8

Based on 815 reviews

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Anonymous

Anonymous // 01/01/2019

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

“I think I need more time to make more money. I currently trade with HYCM for only 3-4 hours a day. This is just the beginning. I decided to test and check how transactions are executed here and how money is withdrawn. I think I will trade here all the time because I like my result!”

Helpful Report

Posted 4 years ago

“Every website you go to, everywhere they write, like in three months and a hundred dollars, and in six months a million and a beautiful life. I was not like that at all. I will not discuss about others, I will speak for myself. I have been trading for 2 years now because I am stubborn and I usually go to the end. In the first year I lost a tangible amount. I have been trading with different brokers, analyzing and testing strategies. Then I have found HYCM, a good broker and I have got profit. I was glad of it, but my main job was inefficient, the indexes went down and my boss began to complain. I decided to take a robot for a test on the recommendation of a friend. The entry threshold is low, I did not even think for a long time, deposited $400 for the test. In addition, HYCM supports all kinds of algorithmic trading. I have understood at once advantage of this Expert Advisor, it trades 24/5 without control. I do not need long training. Just buy it, make a deposit and start trading in an hour. And the main thing is that you are already in the big profit.”

Helpful Report

Posted 4 years ago

“I am sure that in the future this company will have even more services and opportunities. I am not saying this for nothing. Broker HYCM is part of a large company that has been providing financial services for over 40 years. I am a conservative person and always trust only great experience. That is why I decided to open an account with a HYCM broker. In addition, I liked that the broker provides trading software from MetaQuots and is regulated by several financial institutions.”

Helpful Report

Posted 4 years ago

“HYCM has been in business for over 40 years, its assets are represented very widely, there is a large selection of accounts for trading and there is a support service in popular messengers: Skype, Viber, Telegram, Watsap and Facebook. I tried trading on their mobile platform, I can say that it is one of the best; fast order execution speed and no hangs on the trading platform. The broker's support team is available in 14 languages, when I switched from a fixed account to a floating account I was happy to chat in my native Spanish. The broker is proven with a lot of experience, I recommend it.”

Helpful Report

Posted 4 years ago

“A friend of mine advised me to join this broker. He has been already trading with it for more than a year and has only a positive impression about it. I also conducted a sort of research about the broker and learned about its license, although I more trusted my friend rather this legal official information and my friend was right. I can also confirm that it’s a good broker for me. I chose a Raw account because it’s universal. It offers tight spreads so it can be good for both scalping and long-term trading. So, it’s the same as ECN accounts provided by many brokers today.”

Helpful Report

Posted 4 years ago

“It’s hard to label this company as a scam given its rich experience of working in the industry and the availability of a licence. What’s more, it has both fixed and floating spreads, but I lack cTrader here. I hope they will add this platform soon.”

Helpful Report

Posted 4 years ago

“Today I have withdrawn my first thousand dollars from HYCM, although I came to trade with a minimal set of knowledge. The broker lets you earn and develop. I recommend using its services to everyone who wants to change their life. I am happy that they do not bail and do not disappear after depositing. I'm not worried about the safety of my money here.”

Helpful Report

Posted 4 years ago

“I like the fact that this broke offers several types of accounts. In my opinion, it diversifies trading activity and makes it much more interesting and fascinating. It adds a bit of competitiveness, which means that you will improve your skills much faster, because you always will be striving for the best. Moreover, there is a quite convenient for, consisting from five questions, which can help you to determine which type is suitable for your style and your needs.”

Helpful Report

Posted 4 years ago

“I don’t think too much when choosing a broker. I just make sure that it has a license and I don’t care about the rest. Even the best broker can’t trade instead of you, so you’d better focus on trading and not on finding the best broker. I scalp on the ECN account here and I can’t say anything special. I analyze the market, open and close trades and the broker doesn’t prevent me from withdrawing funds. That’s a normal broker in my understanding.”

Helpful Report

Posted 4 years ago

“I have been trading with HYCM for several months and I really enjoy working with these guys. First of all, I like the fact that they support mt lineup. It is very important for me because I have always traded with mt4 and I don't want to change my trading habits. More than that, the broker offers different types of accounts with different trading conditions which is also great. It may seem a little bit complicated but there is a quiz which helped me to understand which type is more suitable for my trading style. The spreads are nice there, so you don't need to worry that the major part of your profits will go to the broker in the form of the fees.”

Helpful Report

Posted 4 years ago

“As long as I trade in HYCM on minimal deposit I have no problems, in four months I have raised my account from $100 to $750 by myself, without any manager and depositing money. If I were asked to rate HYCM now, I would rate it five without question. But lately I am thinking to do some serious trading and deposit $10,000-15,000, but I am hesitating because I have not seen reviews about HYCM from people with big depo and I am not sure if I can trust them with such amounts. There is a fixed account with fixed spreads, as well as a classic account with floating spreads. I am comfortable using both accounts, each for its own trading strategy. I think I will open an account with big deposit here in the near future and later I will leave feedback how the trading went. I want to earn good money and not play around.”

Helpful Report

Posted 4 years ago

“I’m satisfied with trading here. The broker is respected. With its 40+-year experience,it’s hard to say the opposite thing about it. Its trading conditions are no less attractive than its ultimate reliability. Of course, today it’s hard to surprise with tight spreads on ECN accounts. This broker also offers this service, although its ECN account is called differently - RAW. However, it also offers one rare thing - a trading account with fixed spreads - a Fixed account. That’s what I opened with the broker. Such spreads are very good for news trading because they are always intact, unlike floating ones, which always widen during volatile sessions.”

Helpful Report

Posted 4 years ago

“In my opinion HYCM is a normal broker, I do not want to praise too much and there are some rough points, but I have not encountered any real problems that would seriously affect my earnings or withdrawal. I use pending orders, I don't violate the rules of risk management and I have no problems. My withdrawal is always within three days. HYCM trade conditions are transparent, if you take a day to understand everything there will be no problems.”

Helpful Report

Posted 4 years ago

“The most significant thing which this broker provides is the diversity of account types. I suppose that it adds a bit o competitiveness among all the traders, hence it increases their motivation to earn money and to become successful in trading activity. The main feature is that every account type has its own peculiarities which give traders a bit of advantage over other traders. Moreover, if you can't determine what type of account suits you according to your trading style, then you can answer severl questions and the system will determine it instead of you.”

Helpful Report

Posted 4 years ago

“I really like working with this broker. Everything is at the highest level, from bonuses on the first deposit to quick responses from support and constant updates of the website for easier use. The minimum deposit is not high, but due to the bonuses you can quickly increase it and immediately withdraw money. There is a commission, but it is small, regular users are allowed to withdraw once a month without it. There is nothing to complain about, they try to maintain the site as much as possible, both users and administrators themselves. I advise you to try working with him, so far everything is at a decent level. I use HYCM myself for the fifth month! I would also like to add that the broker has many awards at various competitions. It has been mentioned many times in the media due to its reliable work and good conditions.”

Helpful Report

Posted 4 years ago

“When choosing a broker to trade on the foreign exchange market, it’s crucial to find a reliable partner. I mean a broker with regulation and decent experience. I’m prone to trusting such brokers because my experience shows that they are worth my trust. HYCM meets my requirements mentioned above, so I signed up with them. I should also note their fixed spreads. They are rarely provided in the brokerage industry. They give a good advantage when trading on a volatile market.”

Helpful Report

Posted 4 years ago

“The thing that amazed me a lot when I firstly met this broker is that it's pretty variable. You can see here lots of instruments and you can trade whatever you want. You consider yourself as a successful shares trader? Then you can make money on this platform. In case you're sure that crypto is your element, then pay attention to this broker because you can trade crypto here with a max leverage 1:20. I suppose that it's quite convenient that this broker offers different leverages for various instruments. It's a good way to learn how to manage risks properly. If you're afraid of taking such risks on yourself then you can trade without leverage at all, nobody prohibits you.”

Helpful Report

Posted 4 years ago

“This company has long been interesting to me and so I opened an account here. This is my first time trading with such an experienced broker and I am sure that I can learn a lot here.”

Helpful Report

Posted 4 years ago

“One of the few brokers that provides the ability to open an account with raw spreads. The spread here is only 0.2 pips. Some are intimidated by the $ 4 commission per trade. In fact, it pays off completely in volatile markets if you are trading non-minimum lots. This is exactly what the market is now.”

Helpful Report

Posted 4 years ago

“What attracts me to this broker is that he has experience. I have always trusted experience and will always do so. Because I was not wrong. HYCM broker has proven to be a responsible company that can provide good trading conditions. I like low spreads .. like you all.)) I am also pleased with the choice. Fixed spreads or floating .. Different types of accounts. The broker even helps me choose the type of account that suits me. But I already understand what I need. I chose the Classic account. Spreads from 1.2. It's very generous. But .. there are other advantages. Trading platforms: - MT4 - MT5 An excellent choice))) I trade the legendary MT4 trading platform. This suits me and I feel complete control over the market. MT4 is the choice of professionals. Support and withdrawal of money .. Weaknesses of all brokers, am I right ?? )) I am lucky that HYCM broker has no problems with this)”

Helpful Report

Posted 4 years ago

HYCM is rated 2.8 based on 815 reviews