HYCM Reviews

Name: HYCM
Rating: 3.01

3.0 Rating 692 Reviews

52 %

of reviewers recommend HYCM

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3.0

Based on 692 reviews

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HYCM 1 star review on 14th December 2025

Anonymous

Anonymous // 01/01/2019

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“I think that no one doubts the reputation of HYCM, a company with a big name and long years of work, which proves that there are many traders in the company who trade for a long time and who remain here. They have some rules due to the fact that there is regulation, including the fact that there are some restrictions on bonuses and other ""chips"" that actively involve other projects to attract customers and other things. I take it easy. It's all tinsel that doesn't make a huge difference to performance and capital control. Among the terminals, I chose MT4 because I had experience with this before and I realized that I did not want to experiment or anything like that, so I'd better stop there. While the work goes on as usual, there are profitable days, there are drawdown moments when I don’t really understand what is happening, but in general, I can still evaluate the result as positive, because I still manage to make a profit, if we take statistics for every single month. So everything is definitely going according to plan.”

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Posted 3 years ago

“Most of all, I like the fact that HYCM has so many different account types which are suitable for different trading styles and conceptions. I mean that a long-term trader should have different trading conditions from a scalper, for example. HYCM offers three different types of trading accounts and they are marvellous if they are used properly. More than that, if you still don't know which one will suit best, you can make a short quiz which will help you understand the type of account that you'll need.”

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Posted 3 years ago

“I totally appreciate the fact that hycm has an awesome system of trading statuses. I mean that all of us are different and we all have different trading strategies and different perception of the market. HYCM realised this fact and offers different trading conditions for different trading styles. That is really cool.”

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Posted 3 years ago

“trading platform has good analytics, you can get pretty accurate forecasts. reliable broker”

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Posted 3 years ago

“I think I made the right choice when I decided to open a HYCM account. This is the broker that offers raw spreads. It's actually very cool and I've been looking for a long time for a company with similar conditions but it turned out to be difficult.Besides raw low spreads it is also important for me to have convenient software and lots of trading assets. It is necessary to have a volatile asset at any time of the day.”

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Posted 3 years ago

“Really can’t say anything special and I think that it’s not a downside because when I’m silent I’m not gonna to complain. Really everthing works fine. I’m talking ‘bout execution, their attitude to me as their customer and all that crucial stuff. I trade on their ECN account. It’s called alternatively - Raw, if I’m right.”

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Posted 3 years ago

“I like the fact that HYCM is an old and reliable broker. The thing is that my first experience in choosing a broker was very pathetic. I happened to trust my money to the absolute scam because of the fact that I didn't have any decent experience in trading and communicating with brokers. It was some trading forum which convinced me to choose that broker and I learned a lesson that it is better not trust reviews which are posted on trading forums because they can be insincere and pretty misleading. The problem was really widespread: I couldn't withdraw the money from that trading account. The broker kept silent and its customer support didn't work well and didn't help me solve this problem. Luckily, I didn't deposit much money there but it was still sad to lose the money like that. So, I came to hycm just because of my friend's recommendation. I was still distrustful, but I paid my attention to the objective facts: like history of operations and official regulation. HYCM has four official regulation and it was founded in 1970s. I guess that it is one of the oldest brokers on the market today. Surely, the first thing I tried was withdrawal and it was really fast, which made me believe that hycm can be worked with without any fear of losing the money in vain.”

Helpful Report

Posted 3 years ago

“HYCM broker has been on the market for a very long time.Usually, if a broker is not young, then gradually their quality becomes obsolete, and brokers take only by reputation...What cannot be said about HYCM broker? The broker is still developing. There is something new all the time.So, despite its more than 40 years on the market, I can call it a modern broker. The broker often holds seminars/webinars, the topics of which you can find on the broker's website. For example, in December I attended the seminar "Trading Into Year End: All You Need to Know"...it was cool)”

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Posted 3 years ago

“It was not enough just to find a normal company for trading. When I saw an advertisement of HYCM somewhere, I got interested. I was surprised that the broker has been operating since... Let It Be came out or what? Well, pretty much like that. I was eager to pay little wider spreads to have this much confidence in the brokerage reliability. It totally deserves it!”

Helpful Report

Posted 3 years ago

“A very large experience of the company impressed me. Quality of service did too. Besides this, the broker offers good trading conditions. Here you can choose between floating and fixed spreads, tight spreads with commission or wider ones without commission. I personally chose a Standard account without commission. I wiush the spreads were more tight, but oh well...”

Helpful Report

Posted 3 years ago

“That's an affordable and credible European broker. I can say that the spreads here are not the smallest on the market but the service is top-notch. I would especially like to note the analytical support. The analytics is regular here, it is really helpful if you apply your knowledge and not just blindly enter the market. So I am completely satisfied with HYCM.”

Helpful Report

Posted 3 years ago

“There are not so many brokers nowadays which can afford to have so many official regulations as HYCM. It is quite a rare occasion for the broker tobe regulated in every part of the world. it means that HYCM is reliable enough to meet all the requirements of the regulators which is not an easy tasks because there are so many different filters and criteria. Speaking of trading conditions, they are quite competitive but not the best on the market. I feel that it is connected to such a tight regulation and huge expenses associated with that. All in all, a broker needs to earn the money as well in the form of different charges. However, hycm charges are not so big that a trader would have to give all of the profits to the broker in the forms of fees. This broker supports mt platforms which is also pretty good. Metatrade has become a kind of a standard of trading worldwide. THat is why I think that most of the traders will also regard this as a pro.”

Helpful Report

Posted 3 years ago

“I found this broker accidentally in the internet and it grabbed my attention right away. Everything because there are good conditions for all types of traders. It doesn't matter whether your an investor or scalper actually. There are plenty of trading instruments and two main trading platforms such as MT4 and MT5. These ones are the best from all I think. However, the maximum leverage on crypto is 1:20, while I like higher leverages for trading, but one can state it's nothing.”

Helpful Report

Posted 3 years ago

“If you are looking for an honest broker with a wide range of opportunities and tools for making money, then I advise you to pay attention to the HYCM company. I have been trading with this broker for a year now and have never regretted it.”

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Posted 3 years ago

“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!”

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Posted 3 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 3 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

“Probably you can hardly find a trader who hasn't heard of this company. The broker is of course very famous. I don't really like their website, such a famous broker could have spent more time and money to develop it, but as for trading conditions, they are optimal. There are three different types of accounts to choose from and there is even an account with fixed spreads. Many brokers don't even offer such an option, because in case of unforeseen situation on the market all the risk will have to be covered by the broker. And hycm has enough reserves to cover those risks.”

Helpful Report

Posted 4 years ago

“I decided to trade at night with this brokerage company because it’s ideally suited for this. It’s because this broker offers fixed spreads. If you have ever tried to trade at night, you should know that floating spreads are quite problematic for night trading. To be honest, it’s not a problem for anybody. Many people get along with floating spreads even at night. Yeah, that’s true, but you should realize people trade differently. If a person is not a scalper and he usually enters the market manually, it’s no problem, but the situation is different if you rely on pending orders. At night you may struggle placing pending orders because of widening floating spreads. You may place a system of pending orders and then one or two of them can be kicked out by suddenly widening spreads. If you have ever faced such a situation, you should know that the only way to avoid it is to find a broker with fixed spreads. I did and registered with HYCM. It offers fixed spreads and it’s regulated. That’s what I wanted to get.”

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

HYCM is rated 3.0 based on 692 reviews