Comparing brokerage services seems to be a daunting task even if you are an experienced trader. Today many brokers come up with nearly the same services. Many of them offer the same trading terminals, such as Metatrader 5 and Metatrader 4. In the number of available payment methods, you can see greater difference. So, how should we choose brokers for trading?
Having studied numerous articles online and tried many brokers, I can say that there are only two things that really matter. These are reliability and deposit/withdrawal. If everything is OK with these two points, you can trust this particular broker.
Before I decided to stick with this brokerage service, I looked through many hycm reviews but I found many of them controversial. So, I decided to test this broker omitting some procedures that might seem obligatory. For example, I didn't open a demo account with HYCM because I think it's 100% pointless because it will show the same you may see with other brokers.
I deposited $100 (their minimum deposit), traded for a month, and made a series of withdrawals with different payment methods. So, I can say that I'm satisfied with the execution speed and how my withdrawal requests are handled by their managers. It makes me want to continue my collaboration with the broker.