Login

Start Free Trial Are you a business?? Click Here

Are you a business?

Terms & Conditions

User Privacy Policy

Business User Privacy Policy

Data Protection

HYCM Reviews

4.5 Rating 348 Reviews

92 %

of reviewers recommend HYCM

Company Reviews

4.5

Based on 348 reviews


Customer Service
Communication Channels	Email, Telephone, Live Chat

Write Your review

Tell us how HYCM made you happy

Minimum 10 characters

Would you like to add a photos or videos?

Strengthen your review by uploading photos & videos.

Drag files here or browse

(Supported files: jpg, png, mpeg, ogg, mp4 & webm)

What's your name?

Leave this blank if you'd like to publish your review anonymously.

(Optional)

What's your email?

We need your email address to verify that your review is genuine

Please note that we may share your email with the company to verify your order.

HYCM 5 star review on 16th August 2023

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

“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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 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)”

Posted 2 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!”

Posted 2 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...”

Posted 2 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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 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!”

Posted 2 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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 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.”

Posted 2 years ago

“Only with hard work you can achieve high results. At first I did not manage to earn, but it was because I did not understand the functions of the trading platform. After a detailed study of the principle of work it moved forward and everything started to work out for me. The company cares about its own reputation and users come first. I have been trading cryptocurrencies steadily here since October 2019, and I'm already starting to look at indices and securities. I recommend HYCM as a decent company, I feel very comfortable trading and doing business with them. Spreads here are average, but there are no hidden commissions. They should have varied the list of trading platforms, but all is ok.”

Posted 2 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.”

Posted 2 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.”

Posted 2 years ago

«
1
2
...
6
7
8
9
10
»

HYCM is rated 4.5 based on 348 reviews