HYCM Reviews

Name: HYCM
Rating: 4.15

4.2 Rating 421 Reviews

82 %

of reviewers recommend HYCM

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4.2

Based on 421 reviews

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Anonymous // 01/01/2019

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“I like the trading conditions in HYCM. There are many such reviews. But I don't understand why the company introduced an account with fixed spreads. I don't trade on it because I believe that the spread for each asset at any given time should change depending on the current market quotes. Floating spreads are determined solely by the market situation. They don't suppose any interventions from the outside. Using a floating spread, I pay for each trade an amount exactly equal to the difference between the bid and ask prices for a given asset at the trade time. Thus, no one, including the broker, can determine in advance the size of the spread and guarantee the hypothetical profitability of a trade. I want to trade with transparent conditions. That's why I chose a broker with good regulation and positive feedback. The HYCM reviews are good. And also, the broker is multi-regulated. So I'm not worried about my capital here. And it's the most essential factor for me.”

Helpful Report

Posted 3 years ago

“During my first acquaintance with hcym, I was pleasantly surprised that the broker had timely price alerts, pop-up notifications, excellent market analysis and an economic calendar. At first I was disappointed with the interface of the site, not finding the usual drop-down menus. But having figured it out a little, I use the site with pleasure. What makes me especially happy with the broker is the presence of low spreads from 0.2 pips”

Helpful Report

Posted 3 years ago

“I started trading with the HYCM broker because I needed an experienced company. Besides, regulation and license are also important for a broker. After an easy registration, I started trading demo. To be honest, I only traded for 1 week .. Potom started trading for real money, because this is the only way to learn how to trade 100%. HYCM had good trading conditions and low spreads. Thanks to this, I was able to withdraw the first $ 1300 to the card, which I earned in two weeks.))”

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Posted 3 years ago

“This broker turned out to be a good way out for me because for the last time I was struggling to find a genuine broker following a series of hardships with scam brokers. That’s a veteran broker. Its trading conditions suit me. I particularly appreciate the possibility to trade with fixed spreads because they give me an advantage when trading at night.”

Helpful Report

Posted 3 years ago

“It has always been important for me with the broker to have low spreads and commissions .. You understand that the profit depends on this. I chose HYCM for these very reasons. I trade currency pairs and slippage is minimal. The last thing I had to find out was how this broker withdraws money. And I found out ... Faster than my previous one))”

Helpful Report

Posted 3 years ago

“I am a conservative person and always trust in experience. This is how I chose my broker. HYCM has been in the financial services market for a very long time and many rtraders trust it. And I also checked the broker and am happy with the result!”

Helpful Report

Posted 3 years ago

“Easy said than done , I traded with HYCM for 4months hoping to get the best , but after much profit I was denied withdraw I tried severely till my account was blocked but thank God to Mr. Adam Wilson who made it possible for me to get all that have loss and even made more money with is unique and accurate signals. Get Mr. Adam on Mail at, adamwilson .trading @ consultant. com Whats-app +1870 - 345 - 7937 I believe in just 3days of meeting him your story must change.”

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Posted 3 years ago

“I really saw in HYCM for the first time in my life that a company can have different types of spreads. At first, I didn't even understand why this was needed and what it would give me in general and whether it was worth conducting any experiments at all. But then I realized that it really makes sense and it certainly allows you to normalize your work and make it more literate. And of course I appreciated this format and I already decided that my decision is of course fixed spreads and nothing else.”

Helpful Report

Posted 3 years ago

“This is another good broker in my portfolio. For five years of intensive trading I have never relied on one broker. Instead, I pursue another policy. I try to diversify my trading capital between several brokerage services. To be exact, as of now I trade with up to ten brokerage services and the tenth one was recently chosen by me. That’s HYCM, one of the oldest brokers in the world. Its year of foundation is 1977. I learned about this broker from reviews. It’s no wonder that for a long time I knew nothing about this company because as a rule veteran brokers are not aggressively promoted unlike younger projects. But veteran brokers have a steady audience and reliability. The latter is especially crucial for me because I want each of my brokers to be reliable enough. I never scalp with my brokers. I hold long-term trades only and HYCM is no exception. I opened a Fixed account here. With this broker, I hold long-term trades on currency pairs and metals. I already tested withdrawals here and I’m satisfied how their managers held my requests.”

Helpful Report

Posted 3 years ago

“I like this brokerage company for its trading conditions. Namely, it's a small deposit and excellent regulation. Other companies with the same regulation I can't afford. The broker is perfect, and I'm glad the withdrawals are fast and straightforward here.”

Helpful Report

Posted 3 years ago

“Personally I really enjoyed the HYCM reviews and webinars. It seems to be nothing special, but on the other hand there is accurate data and predictions - and I can really use it in practice. Recommended.”

Helpful Report

Posted 3 years ago

“I couldn’t overlook this broker because I’m a very conservative trader. A broker with one of the richest experiences in the industry is what I need. I registered a Raw account with the broker because I find it universal. I can use it either for scalping due to very tight spreads or for long-term trading. The quality of execution here doesn’t give me any reasons to complain.”

Helpful Report

Posted 3 years ago

“I got acquainted with this area not long ago. My friend told me about trading about the opportunities and suggested a broker. Of course, there is a lot of fraud and dishonest brokers in the field of trading. Therefore, I am very lucky with HYCM. I spent a month studying and practicing on a demo account. Fortunately, the broker gives you the opportunity to study for free. I tried different strategies from a friend of mine, and he advised me to use the MT5 platform and not MT4. Because Metatrader 5 has all the necessary tools and many more indicators for more reliable analysis. I made my first deposit of $ 400. Of course, this is the amount of the minimum trade for a professional, but for me, it is a balance for advanced training. Heh :) Despite the restrictions on the use of bonuses (not all traders can use them here, it all depends on the country of residence), here you can be sure that the connection with the servers will be stable. The money can be withdrawn without delay and any problems at all. You must understand that you can only work here independently. There are no PAMM accounts and passive formats, but this is really important. A complete understanding of the market and independent, active work is what can lead to stable profits and confidence that your money and your position in the market will be in perfect order. I have read many reviews about HYCM. Most of the users are experienced traders. I think that a broker is suitable for those who have an understanding of trading or really want to understand. The broker is reliable. I recommend it to everyone!”

Helpful Report

Posted 3 years ago

“I like HYCM for its trading conditions. Namely, it's a small deposit and excellent regulation. Other companies with the same regulation I can't afford. I like everything else except that it was hard to decide what type of account to use initially. The test was not of much help. In the end, I came to the right type of account by experience. I'm satisfied now. The broker is perfect, and I'm glad the withdrawals are fast and simple here.”

Helpful Report

Posted 3 years ago

“This broker didn’t disappoint me. That’s so good that I finally found the peace of mind with this broker. Of course, before joining this company I took some time to research the company before registering with it. What I learned about the broker from reviews gave me a hope that it’s not another scam. It gave me some courage to have a try. The registration process was fast and hassle-free. I didn’t require assistance from their customer support team. I chose a Raw trading account due to the lowest spreads. I found no difficulties in trading here because the broker executes orders perfectly, which is in line with its reputation.”

Helpful Report

Posted 3 years ago

“After a two-week testing period, I decided to continue trading with this broker. I didn’t discover any hitches in the trading process. Besides this, I also successfully tested withdrawals with the broker”

Helpful Report

Posted 3 years ago

“I can't imagine what kind of person could write negative HYCM reviews, because in my opinion this brokerage company is doing a great job and there is always money to be made and there is always something to learn. I don't want to talk about the services, but I definitely want to talk about the people who work here. And I can responsibly say that HYCM has true professionals who understand very well how they can help clients in different situations and who are always there for you, so you can quickly solve any problem, withdraw money, etc. You should agree that this is really rewarding and helps you to concentrate on the matter at hand.”

Helpful Report

Posted 3 years ago

“This is a broker with acceptable trading conditions. You can start trading with a minimum deposit. You don't need thousands of dollars to do this. The company has nice fixed and floating spreads.”

Helpful Report

Posted 3 years ago

“I've been working with this company for over 2 years now, and I can tell you anything about it that might interest you. Yet I don't think you will learn anything special and new from me. This company was a clear proof that it is a good thing for a brokerage company to be regulated. Despite restrictions on bonus usage (not all traders can use them here, it all depends on country of residence), here you can be sure that the terminal will work without fail (this company gives access to two versions of MT), and money will be withdrawn without delays and without any significant problems at all. You have to understand that here you can only work on your own. There are no PAMM accounts or any passive formats, but this is really important. Because a full understanding of the market and working actively on your own is what can lead to stable profits and to the certainty that your money and your position in the market will be absolutely fine.”

Helpful Report

Posted 3 years ago

“It’s an example of a broker you can rely on. It’s really reliable. It’s hard to tell the opposite about the company operating on the market since 1977.However, before opening an account with them, keep in mind that the broker’s EU branches offer low leverages due to local regulation restriction.”

Helpful Report

Posted 3 years ago

HYCM is rated 4.2 based on 421 reviews