Login
Start Free Trial Are you a business?? Click Here

HYCM Reviews

4.2 Rating 421 Reviews
82 %
of reviewers recommend HYCM
4.2
Based on 421 reviews
Customer Service
Communication Channels
Email, Telephone, Live Chat

Write Your review

HYCM 5 star review on 3rd January 2025
Matt
HYCM 3 star review on 2nd January 2025
Hans Brown
HYCM 3 star review on 2nd January 2025
Hans Brown
HYCM 1 star review on 28th December 2024
Henry K
HYCM 5 star review on 23rd December 2024
Leroy
HYCM 5 star review on 22nd November 2024
Vicky
HYCM 1 star review on 20th November 2024
Anonymous
11
Anonymous
Anonymous  // 01/01/2019
I don’t know a single reason why anyone would doubt that HYCM is doing a great job. Come on, 20+ years being an online brokerage! That’s awfully long. HYCM is an alligator of online trading world. The one that’s been walking around with dinosaurs of the business. Jokes aside, this is a great choice if you trade forex and are familiar with MT4.
Helpful Report
Posted 4 years ago
Very good broker if you're looking for low spreads, fast execution and low slippage. I opened an account 3 months ago, my account was ready to trade within an hour. The funding was very fast, I made a bank transfer in real time, the money was credited to my trading account instantly. Last week, I withdrawn some of my profits pretty quickly and with no headache. HYCM is far ahead of other brokers, it's so great and if there is ever a problem, its support team is always here to help you as quickly as possible. I'm 100% satisfied!
Helpful Report
Posted 4 years ago
Whatever happens is for good. This optimistic principle works for me at all times. I’ve lost some money and nerves with the previous brokerage. I’ve lost a fairly big part of my capital with the market move that appeared on their charts but if was not present in other quotes from independent data providers. Sure enough, I transferred all the money to another brokerage that turned out to be HYCM. Here I found raw accounts, which gives some really nice trading conditions. 0.2 spread for EURUSD for example. There is extra commission per round turn on this account type, but it still fits perfectly my trading style and every month I started spending much less money on trading commissions in comparison to that other brokerage which I thought had some nice conditions either.
Helpful Report
Posted 4 years ago
For me that is Number One brokerage, I trade with them so long ( I don't remember exact number) and never even thoudght about moving to other brokerage. I like HYCM not so for trading conditions (for brokers of that tier trading conditions are always good), but for its regulations and long history, When I meet with other traders and say "Mates, I'm trading with HYCM they say: "Wow... Nice choice!", so trading with HYCM is not only about convenience, but also about my status.
Helpful Report
Posted 4 years ago
I trust HYCM and it means A LOT cause normally I don't trust companies. Expecially onces doing business in a financial sector. But HYCM has been building up reputation for decades and it definitely deserves the respect. I am happy to recommend the company to nay online traders looking for a reliable certified brokerage with nice spreads policy.
Helpful Report
Posted 4 years ago
Brokers are all pretty much same. Sure enough I’m speaking of regulated brokerages only. The unregulated can promise to take you to the economic calendar moon along with your fav asset price, but what’s the point of such promises? Unregulated brokers only want you to lose. THE END. Speaking of HYCM I think they really do have about average trading conditions. However, this is one of the oldest and most reliable companies in the world. Secondly, they have some neat features on their website, so I tend to stick to it for these minor but nice details like forex calculator, and, most importantly, the webinars! For example they’ve invited Gile Cohlan to do the webinar this month ;)
Helpful Report
Posted 4 years ago
It has been really hard losing a lot of my money to these binary options trading companies. Fortunately, I found a Recovery Pro who made sure I got back everything I lost. If you are in a similar situation and lost a lot of money, you can emaiI me to share my experience and how I had my money recovered. maggiealder {at} gmail_com
Helpful Report
Posted 5 years ago
loving it
Helpful Report
Posted 5 years ago
Excellent
Helpful Report
Posted 5 years ago
It was very informative
Helpful Report
Posted 5 years ago
Thanks Giles for giving me the birds eye view of the market by looking at Fundamental Analysis as a driving force of the market. Thanks, Santosh More
Helpful Report
Posted 5 years ago
Well done seminar
Helpful Report
Posted 5 years ago
Outstanding customer service from Mohamad Sheikho
Helpful Report
Posted 5 years ago
HYCM is one of the most reliable brokers out there. l have been with them for over a year l got no complaints at all. Starting with ease in depositing my funds account to withdrawals. l have dealt with 2 other brokers and l quit them due to restrictions on their systems, l had a tough depositing with regular Visa cards due to crazy security restrictions. With HYCM all major cards even debits are accepted and its all instant. One more benefit of dealing with HYCM is the friendly customer service, prompt response to requests. l also have access to great trading tools like Trading central which gives me an edge over many traders. I can base my trade via sound technical analysis done by professionals. Its all free by the way in their platform. I will recommend this broker to anyone looking for a reliable partner in forex trading. Prince
Helpful Report
Posted 5 years ago
HYCM is the most reliable brooker I have experienced. I do not have any issues depositing funds and withdrawals. My account manager is very polite and always aims to deliver his 100 percent satisfaction. Thanks!
Helpful Report
Posted 5 years ago
I am happy for choosing HYCM for trade, and will recommend to my friends to work with.
Helpful Report
Posted 5 years ago
HYCM is the second broker I have used since I started to learn trading and I can not be any happier with the experience. The best thing about HYCM is the personal assistant ( Gina) who is always available and happy to help you. I hade few issues in the last few weeks and she was always welcoming and helpful and flowing up till the problem solved. Really appreciate your professionalism and happy to be working with your team. Erfan
Helpful Report
Posted 5 years ago
Я мало пользуюсь. Желаю улучшить безопасность средств клиентов,и ни в чем не сотрудничать с властями РФ , тк налоги идут на вооружение против вас же. Только почему то ваш терминал мт4 в моем планшете всегда скидывает график до евро доллара... Другие брокеры оставляют графики при переходе к ним, а у вас сброс почему то...
Helpful Report
Posted 5 years ago
Работаю с компанией HYCM больше года. Использую терминал mt4. На текущий момент это лучший брокер из всех с кем приходилось работать (мой стаж 12 лет). 1. Демо-счет по исполнению не отличается от торгового. 2. Ввод средств мгновенный, вывод - сутки. 3. Большое количество инструментов. 4. Исполнение ордеров четкое, без задержек. Рекомендовал бы HYCM активным трейдерам с объемом депозита от $1k.
Helpful Report
Posted 5 years ago
I have been working with HYCM for over a year now and despite various issues/bumps along the way, HYCM has prevailed and tried to make it right every single time. Customer service (particularly Fayez and Nazia) have been great! Great people is what makes a good company great. HYCM has great people and a great approach. I also very much like the telegram news w Giles Coghlan as well as daily technicals. Great job overall. One caveat - it would be great if the weekly market close was an hour later and weekly open was an hour earlier in line w other providers. That’s all. Thanks a lot for your great service !
Helpful Report
Posted 5 years ago
HYCM is rated 4.2 based on 421 reviews