HYCM has a rating of 3.9 stars from 189 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with HYCM most frequently mention trading conditions, raw account, and long time. HYCM ranks 3rd among Brokerage sites.
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I'mma provide you with a brief overview of the services this broker offers. Basically, all the positive features include: - several account types; - opportunity to trade with advisors; - well-developed and structured HYCM Lab section with bunch of useful information; - quick trading platforms from renowned software developer; As for flaws, then I personally can't state that there is something I don't like. I quickly adapted to conditions and now feel like a fish in the water.
At first I wouldn't believe that I was scammed by this platform, everything seems so real and true but unfortunately I found out that it was just a scam program, thanks to the company you can see in my profile/Headline for helping me recover everything they stole from me, including the return on investment mentioned above.
I'mma provide you with a brief overview of the services this broker offers.
Basically, all the positive features include:
- several account types;
- opportunity to trade with advisors;
- well-developed and structured HYCM Lab section with bunch of useful information;
- quick trading platforms from renowned software developer;
As for flaws, then I personally can't state that there is something I don't like. I quickly adapted to conditions and now feel like a fish in the water.
There are a vast number of brokers in the financial markets now. They trade on different markets and platforms, provide a wide range of services, have the capital, and offer leverage.
I personally assess them according to several parameters. The first one is reliability. And HYCM is all right with that. It's a well-regulated broker.
The second one is the choice of assets. It's not bad at HYCM, but I've seen companies with several thousands of assets. And I like that better.
I don't know how you can trade and control risks with such a deposit. Yes, it is good that you can start with only $100. But then what to do with this sum? I'm a man who thinks ahead. And I don't understand how I can grow my deposit without significant risks with such an amount.
The main feature of Hycm is that it's a highly reliable forex broker which is valuable especially in the forex market.
However the trading conditions offered are average. There are multiple markets but the overall number of assets are not very big.
I would say that it's all nothing, except the commission on the Raw account. Hardly any scalper can appreciate such commission, even considered the spreads are great.
Precisely because they offered three different types of spreads without reference to the amount of capital.
It may seem like something not very significant, but when you start working on the market, you understand that it is spreads that can affect your result in one way or another.
I personally have focused on fixed spreads for now, because I didn't have such experience before, from a couple of points, this is quite adequate considering my plans for the future.
Well, guys, here's my genuine review about HYCM services.
I'll be brief.
Assets:
- solid list of assets
- leverage is dynamic
Spreads:
- fixed and floating
- tight
Regulations:
- they are present
Customer support:
- reliable and quick
So, I haven't enlighten everything I'd wish to, nevertheless, these characteristics should tell you a lot about this brokerage company.
If you feel kinda frightened it could attack you as a hacker, you are too emotional bcz it's not what you might have thought. I say the broker's name seemed suspicious at first but I looked up info about it and found nothing scary. It's regulated and works very long time in the industry.
As for my interest in this company, I needed fixed spreads for certain assets to trade them at night and I got exactly what I expected.
I always use exceptionally wire transfer. Everything because it seems to me that in this case my money are in safe. Of course, various payments platforms also protect money from being lost, nevertheless I tend to trust wire transfer only. This broker offers wire transfer from 250$ and it may take from one to seven days until my fund would be received. It's comparatively nice conditions. I like when the conditions suit my needs. In real life it never took over 3 days for money to reach me.
Products used:
Forex broker
HYCM broker attracted me by the variety of types of account and trading platforms. I had a broker which didn't propose me something like this. One platform, one account - awful. Here traders can choose between three main accounts, however there is no opportunity to trade with expert advisors on fixed account. It's pretty sad, but don't think that it's a real problem. The broker is comparatively strong with its own peculiarities.
I've been trading with HYCM for about two years and that is a great experience. I started my way as a trader with some dubious brokers. Some of them were fine, but there was always something wrong like lack of regulation or poor amount of tradable products.
That is why I appreciate HYCM has it all covered. It is a legit broker with an authoritative regulation, wide range of tradable products and my favourite Metatrader trading platform.
At first I wouldn't believe that I was scammed by this platform, everything seems so real and true but unfortunately I found out that it was just a scam program, thanks to the company you can see in my profile/Headline for helping me recover everything they stole from me, including the return on investment mentioned above.
No need to substitute this broker with another one actually.
This one provides many interesting things for traders of all levels. Just imagine, you can choose various account types and they ain't require high deposits. It's kinda attractive, innit?
It created a separated "school" with seminars and webinars for rookies. Amazing! =)
HYCM is a forex broker that offers a variety of trading instruments to choose from. In addition to forex, clients can also trade real stocks on the HYCM trading platform and receive dividends as real investors in a company. They are fully regulated and licensed by regulatory bodies but they offer a customer service that does not reflect their class. Overall, I will settle that this broker is okay.
I love my trading experience with hycm very much because I don't need to rack my brains thinking whether the broker is a scam or not. Now I am totally sure that hycm deserves my trust.
Firstly, it is due to numerous official regulations. It is of vital importance to know that there are third-party organisations which ensure that there are no criminal actions will take place here. I have already tried to withdraw the money and I should say that they are pretty fast.
You are the money maker if you know how to trade with profits! Trading with hycm gives me much of confidence to trade with discipline and correct management. Their market analyze helping me so many times, because sometime u dont have much time for preparation to trading session. My fav tools are usd/jpy + metatrader 5 + bearish/bullish indicator + expert advisor.
Trade by your own head
Once I learned that it's one of the oldest brokers I made a decision to sign up even though I already had an account with the other one. I was looking for a bacup account. I'm prone to trusting such brokers and I know that they are all regulated.
I opened a Raw account here because this account comes with very tight spreads.
I have nothing to complain here. Execution is good as it should be with regulated brokers.
My account blocked with my fund. All position automatic closed by hycm. They are full scam i lost 500$ mt5 is *******
Products used:
forex
I haven't found any bugs during my trading on platform.
In my opinion everything works perfectly!
Really solid and reliable broker that keeps its promises!
This broker belongs to the elite group. It's regulated and works in the industry more than many other well-known brokerage companies. It offers flexible trading conditions. On the other hand, it's all pointless if you can't trade. To benefit from this you need some experience, some skills.
When I began trading with HYCM I didn't know that it is quite famous in the trading industry. And the decision itself was pretty spontaneous. I didn't do as detailed research as I usually do. It turned out well for me.
Now I have successfully traded at HYCM for two years already. So it's true when they say that spontaneous decisions sometimes are the best ones you can take.
I can say that now I am a professional trader.
I started trading with HYCM a year ago. During this time, I changed several strategies and started making money steadily.
This is my main and only source of income.
To be honest, when I dreamed about it.
It is hard work. You must understand that making good money in Forex from the first day will not work!
The good thing about HYCM is that it has all the necessary features for traders of any level.
Mt4 is *******
Ohh my god last i deposited 500$ now lost
Company 200$ my running trade auto closed & my fund already remove form platform please please help me how to get my fund this scam company?
HYCM's advanced technology and great service offer unparalleled benefits that have garnered them an esteemed reputation as a favored choice among seasoned professionals in the industry.
I approach trading in a non-standard way. I perceive it as a mystery I'm expected to resolve, a kind of game. Of course, I also want to make money but it's a secondary motivation. What drives me most is a strong desire to resolve what market makers want to do, how they are going to drive the market. Once my forecast is right I get pleasure that I coped with this task. That's my approach to trading with any broker including this one.
I paid attention to this broker because it seems to me that brokers are characterized by the attitude to traders. They express their attitude via various convenient tools and good customer support.
Customer support team was the very first thing which I noticed here because I asked them about deposit/withdrawal methods and they have explained me everything quite fast...
Nevertheless, I can; t understand why does this broker propose fixed account... there is a little amount of traders who prefer fixed spreads in my opinion... spreads are quite wide on this account.
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.