website thubmnail of HYCM

HYCM

How would you rate HYCM?
grey star
grey star
grey star
grey star
grey star
India
1 review
0 helpful votes
Follow Bukrex U.
Unfollow Bukrex U.
Send Message
Share Review
Report Review

Trading cryptos here
March 26, 2022

I like the broker mainly by the approach towards traders

I once was lucky to contact customer support and they helped me to sort out with types of account because i was a total newbie in trading. Since then I have been tradding here actually.
It's pity crypto leverage only 1:20

Date of experience: March 25, 2022
Netherlands
7 reviews
0 helpful votes
Follow Arie v.
Unfollow Arie v.
Send Message
Share Review
Report Review

It never lets me down
January 20, 2021

I'm so glad to work with this broker and I'm not going to quit it in the future. It boasts the quality I appreciate best of all - reliability. You know that today not all brokers are reliable. Some of them have liquidity issues and it results in a troublesome and exhausting trading process. I don't face that stuff with this broker because it's well-regulated and has a 40-year experience in the industry.
The broker always allows me to enter the market at the desired price without trying to cheat me. I highly value it and it makes me want to keep trading with this company.

Date of experience: January 19, 2021
Germany
1 review
0 helpful votes
Follow Ludwig B.
Unfollow Ludwig B.
Send Message
Share Review
Report Review

There is a good company for those who prefer to trade with a regulated broker. You won't find any crazy bonuses here. Because again, this is a multi-regulated company, not a shell one. But you can find here tight spreads, many assets for trading, and a good support team.

Date of experience: February 21, 2021
Poland
1 review
0 helpful votes
Follow Przemyslaw S.
Unfollow Przemyslaw S.
Send Message
Share Review
Report Review

I have been investing in the company for about a year already. I will not hide - there were unsuccessful investments, but there were also profitable ones. Recently, there are many interesting moments on which you can learn. Especially in a situation of an impending crisis, well, the coronavirus also played a role. The markets shook, but for a trader, the best conditions to earn is a crisis))

Date of experience: June 20, 2021
California
6 reviews
2 helpful votes
Follow Sigmund G.
Unfollow Sigmund G.
Send Message
Share Review
Report Review

Working with a broker turned out to be not only pleasant, but also quite profitable. Due to the broker's good trading conditions and of course my personal achievements (lol :p) , I improved my performance a little.
So I'm even a little proud of myself, but it seems to me that I couldn't have achieved such good results on my own.
So, in general, I'm satisfied that I chose this brokerage, it fully justified the trust, and the money that I invested in it)

Date of experience: August 23, 2020
Hungary
1 review
3 helpful votes
Follow Vince P.
Unfollow Vince P.
Send Message
Share Review
Report Review

HYCM is a broker for those who want to join the magnificent world of investments or for the people who need a stable broker. No matter what you are looking for broker provides three account types with variable trading conditions - fixed, classic and row. So they come with spreads as 1.5,1.2,0.1 pips. Raw account has 4$ commission per round and the other two for 0$ — a minimum deposit 100$ and 200$ for raw account. Nice conditions!
What I like the most in a broker:
- regulation and registration
- metatrader 4/5
- mobile app usability
- range of markets
So, I encourage you to get acquainted with HYCM.

Date of experience: May 28, 2022
GB
1 review
1 helpful vote
Follow Scott P.
Unfollow Scott P.
Send Message
Share Review
Report Review

Couple words.
May 26, 2023

This company is a one with a history. I think that's why its has so structured accounts' conditions and time-proven trading software. HYCM is definitely one of the best player in the game.

Date of experience: May 24, 2023
Germany
8 reviews
4 helpful votes
Follow Anju A.
Unfollow Anju A.
Send Message
Share Review
Report Review

We have to be decisive
September 9, 2020

Once you think about what you already know about the market, there's a good chance that you'll stop seeing achievements. Because the market is the most agile and complex structure, and you always have to be prepared for the situation to change drastically.
I am happy that modern companies offer enough services so that you can get used to faster. For example, there are two trading terminals to choose from, and MT4 and MT5 are wide functionality and tools for algorithms.
For example, there are also forex calculators, which allow you to quickly calculate the order size, estimate the free margin, etc. And it is really convenient.

Date of experience: September 8, 2020
Germany
1 review
0 helpful votes
Follow Steffen F.
Unfollow Steffen F.
Send Message
Share Review
Report Review

The main advantage of trading with this broker is that it's very reliable. It's hard to expect different from a company with more than 40 years of working in the industry. And my trading with this broker proved it. I like both the execution and the attitude to customers.

Date of experience: April 7, 2021
Estonia
1 review
0 helpful votes
Follow Kristjan K.
Unfollow Kristjan K.
Send Message
Share Review
Report Review

An excellent regulation
November 29, 2021

The HYCM broker has a simple and concise website with nothing unnecessary: trading platforms, tools for trading, training, everything is very clear and understandable. Trading conditions that are respected, there is an excellent regulation from several regulators and protection of the account from a negative balance.

Date of experience: November 29, 2021
India
13 reviews
1 helpful vote
Follow Naarong N.
Unfollow Naarong N.
Send Message
Share Review
Report Review

My best decision
December 13, 2020

I've heard about the broker from the advertisement and realized that it was what I was looking for. Usually, the ads are full of crap. But the trading conditions here were excellent. So, I've registered and opened a live account. I'm delighted with their low deposit amount. Because I have to pay only $100.
There are both MT4 and MT5 platforms here. So traders can choose what they like and what suits them best.
For example, I prefer to trade in MT4, the old-fashioned way. This is the terminal I have learned to trade on. It is very familiar and understandable to me. I know every button here. And MT5 is kind of alien to me. I still haven't dared to try it in trading. Maybe I'm really missing some profitable opportunities. I don't know.
As for trading at the company, I'm satisfied with everything. I'm confident with the quick withdrawal of funds. The support service also answers quickly and helps to solve problems. I'm happy.

Date of experience: December 12, 2020
Malaysia
1 review
0 helpful votes
Follow Haji N.
Unfollow Haji N.
Send Message
Share Review
Report Review

Good relationship
December 15, 2022

As a new trader, there are many things you get to absorb from your first broker such as the trading platform, the education offered, the trading conditions, and a lot more. I have been trading with hycm for a long time now and I am glad that this broker is responsible for shaping my trading style.

Date of experience: December 15, 2022
Germany
6 reviews
11 helpful votes
Follow Cellake C.
Unfollow Cellake C.
Send Message
Share Review
Report Review

I became a trader upon the advice of my friend. He had a great experience in trading. And the first order of business my friend has appointed me to address is regulation of the broker. That`s why I choose this broker. It`s multi-regulated company. But the recs aren`t special. There aren`t any particular tools for trading.

Date of experience: September 24, 2020
Malaysia
1 review
0 helpful votes
Follow Muhammet Haji N.
Unfollow Muhammet Haji N.
Send Message
Share Review
Report Review

The broker is normal.
December 26, 2022

The broker is normal. It could have been better for me, but the branch I joined offers small leverage for currencies. It's not the broker's fault but local strict regulation. On the other hand it doesn't prevent me from trading profitably. I just don't trade currencies here but shifted to cryptos.

Date of experience: December 26, 2022
India
1 review
1 helpful vote
Follow Pranab B.
Unfollow Pranab B.
Send Message
Share Review
Report Review

Leaves a good taste
November 18, 2022

I definitely sense of professionalism here in provision of high quality services.

Once you get
- The feeling you are valued and listened to
- Your questions replied very quickly
- What you want in terms of trading conditions

You understand that you are in the right place for this type of a thing.So you just become a regular to enjoy the high quality service you are offered. That's what I have exactly done, and haven't regretted it even for a minute. I am happy that I made that right choose in the right time for the right trading platform.

Date of experience: November 17, 2022
India
1 review
0 helpful votes
Follow Aditya D.
Unfollow Aditya D.
Send Message
Share Review
Report Review

HYCM has great conditions on the deposit. And there are many types of accounts here. They're all available for as little as $100. That's why you can choose the best conditions that suit your strategy.
So, for instance, if a trader trades at night or in times of low liquidity, then an account with fixed spreads is suitable. If he trades large volumes, then an account with minimal floating spreads and commission will be suitable. And if it's something in between, then the account with floating spreads without commissions is suitable. So you just need to choose what you like.

Date of experience: May 13, 2021
Thailand
1 review
0 helpful votes
Follow Amin G.
Unfollow Amin G.
Send Message
Share Review
Report Review

I have always wanted to work on the stock exchange and make good money.
And I'm really lucky that I ended up in HYCM right away, because not everyone is really so lucky. And I certainly escaped the frustrations of terrible service or something.
But there is one thing that especially impresses me here - of course, webinars. Yes, they don't happen very often, but they are always so interesting. I really like it. I always learn something new!

Date of experience: April 26, 2021
Finland
1 review
0 helpful votes
Follow HankLeppakorpi H.
Unfollow HankLeppakorpi H.
Send Message
Share Review
Report Review

I got into forex trading a few years ago and I am very glad that I did not make a mistake in choosing a broker. The broker is old and cool, and even though losses seem to be inevitable I manage to earn smth here every month.

Date of experience: January 19, 2022
Portugal
1 review
0 helpful votes
Follow Marcos M.
Unfollow Marcos M.
Send Message
Share Review
Report Review

Sclap with RAW
May 14, 2023

Raw account in MT5 is most profitable thing for a scalpers. Because MT5 has this useful features calling depth of market which are helpful to define the volume at the current moment on the market.

Date of experience: May 13, 2023
Indonesia
1 review
0 helpful votes
Follow Martaka K.
Unfollow Martaka K.
Send Message
Share Review
Report Review

Withdrawal are free and fast, but I for more than $300 from the account for banking cards. The threshold is lower for another payment systems - $20. Not so convinient for me, as I used to withdraw by cards.

Date of experience: May 10, 2022

Overview

HYCM has a rating of 2.8 stars from 193 reviews, indicating that most customers are generally dissatisfied with their purchases. HYCM ranks 2nd among Brokerage sites.

service
80
value
35
shipping
2
returns
3
quality
84
This company does not typically respond to reviews