HYCM Reviews

Name: HYCM
Rating: 3.87

3.9 Rating 482 Reviews

74 %

of reviewers recommend HYCM

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3.9

Based on 482 reviews

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Sofia

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

“A few weeks ago I made a very important decision. I opened an account here. HYCM broker provided great offer. I read some reviews and I was impressed. I don't want you to think that I'm advertising the broker... this is just my HYCM review... that's all... Anyway, I liked that this company has been around for a long time and is probably one of the leaders in the industry. Moreover decent regulators approved HYCM... guys, that's saying a lot. First of all it's legal and fair! Secondly, money is protected. Of course even God does not give 100% protection so you should always be careful. When you create an account, a password or just trade. My experience with HYCM is positive and I glad I made my decision.”

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Posted 2 years ago

“Multi assets broker company with long history. I'm ok with hycm. can be trusted”

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Posted 3 years ago

“This broker, of course, has some disadvantages. But they are not of great importance. But the advantages are significant. I know what I am talking about because I have been trading with HYCM for more than two years. There are a lot of trading instruments and I like them. Execution is in fast enough. My withdrawal is not as fast as I would like it to be. Especially since I use bank transfer and it always takes longer.”

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Posted 3 years ago

“It was very interesting to try CFD trading. I didn't really know what it is before. HYCM offers to trade stocks while you don't have to buy it really but make money on price differences over a period of time.”

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Posted 3 years ago

“My friend once told me to pay attention to HYCM broker. Previously, I was trading with another broker and actually successfully, I managed to earn 500$ within a month and I am proud of it :) He told me thag the conditions here are twice better and invited me here. Y started to egt acquianted with the company and it took just half of the day, lol, don't be surprised, I thoroughly read all the information, provided on the website in order to understand what I am going to deal with. YOU MUST READ TERMS AND CONDITIONS. NEVER AVOID IT. Be a wise trader, do the same. Already making profits. Brokers have quity a similar condition - so the main thing is to be sure you profit will be withdrawn. I'm sure in HYCM”

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Posted 3 years ago

“well... as for the experience with this broker, the only thing i can say - so-so. it doesn't mean that it's bad ofc. everythign was pretty cool and my journey with this company I assess as the useful journey as i gained plenty of experience, but hte fact that fixed account doesn't have lots of advantages is true, simly regular, at least this is my OWN vision. Still I will continue to trade here as broker is well-regulater and won't cheat you”

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Posted 3 years ago

“HYCM is in the top 5 of my fav brokers. Not just because it's a well-regulated broker. I know how to distinguish reliable brokers even don't look at their regulations :) If you wanna have such skills, develop in trading and receive experience. A fixed account is my fav one, mainly because the spreads here are fixed. what a surprise huh? :D Anyway, i'm good with HY”

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Posted 3 years ago

“So, broker was advised for me by my close friend who is also fond of trading. I trade here and I can state broker seems to me quite legit and conviniet.”

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Posted 3 years ago

“HYCM seemed to me pretty odd when I first met it. Anyway, I decided to try trading with it. After a couple of days of trading on the demo account, I understood that I was mistaken. Demo trading here is ordinary, nothing unique. The special form that determines which type of account suits you most is innovative. I have never faced in my trading career something like this. For sure, it's a pretty helpful system for new traders who can't understand what conditions would suit them most.”

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Posted 3 years ago

“HYCM broker seemed to me weird at the beggining. All the traders have to check brokers before making depo and start trading. traders don't likedemos because believe that they spend time for nothing, I believe it's wrong. This broker attracted me by its accounts. three main accounts and all of them are unique and suits different trading strategies, but the customer support responds may be slow, rarely. The general score - 4 stars”

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Posted 3 years ago

“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.”

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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!”

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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

HYCM is rated 3.9 based on 482 reviews