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HYCM Reviews

3.9 Rating 484 Reviews
74 %
of reviewers recommend HYCM
3.9
Based on 484 reviews
Customer Service
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I am satisfied with the fact that here you can work with different terminals and with different instruments, indicators, it allows you to develop and adapt to changing market conditions...
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Posted 4 years ago
I think that now trading is going through a good period, because it becomes more popular at a time when people can't implement some projects in reality, and here you can work without leaving your own house and it's really something new for people who have never gone beyond the limits before. And this is really good news, because this is a real perspective that I saw in this business many years ago. And it's really understandable if you find a brokerage company like this. Because it was able to organize all the conditions for a person to understand what the market is and see all the opportunities. This is where I learned what raw spreads are and how you can use them in your work. That's where I figured out the calculations of profit and free margin.
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Posted 4 years ago
if you've been unfortunate enough to come across an infectual trader and as a result you ended loosing your money, I'm recommending these trustworthy and field-tested Recovery Expert Team.. contact at angelacanutt @ gmail. com for help relating to trade loss or withdrawal issues.
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Posted 4 years ago
It wasn't love at first sight for sure. However, after several month I can claim that the broker deserves trust. My trouble was the choice of a trading account. I trusted the 4-5 questions test that they've had on the website that was supposed to help you deal with this choice and offer the most suitable account type. I was new to forex trading back then and had difficulties to understand which fees approach would be the most favorable in my case. In any case, all eneded well, I spoke to the manager and was offered to transfer to the other account type which made me much happier client. In general I can recommend the broker.
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Posted 4 years ago
Just ok regulated brokerage, sometimes spreads are higher than with unregulated brokers, but I'm ready to pay more to know that I'm trading with sustainable brokerage that won't scam me.
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Posted 4 years ago
In over six months of trading here I only had 2-3 slippages and that probably was not the fault of the broker as those stop-loss orders were executed at the time of the news release. Can't complain about support either. I don't know what else to wish. from the broker. The only thing that could actually be improved is probably the fees policy.I registered an account with the fixed spreads and this was probably not the best idea. Looks like the trading costs can be lowered significanty if I swith to raw account or at least a standard one.
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Posted 4 years ago
I think it's one of those brokers that immediately explain all the terms of cooperation, etc., so that you don't have any questions later. You just look at their website. Where have you seen such a clear and detailed description of all services? When their manager called me to clarify whether everything is fine and there are questions, there was nothing to ask. Everything is clear. And separately it is worth highlighting their trainings, which are designed for traders with different levels of training and approach to the market, here you can always find something useful for yourself.
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Posted 4 years ago
What attracted me personally was that it wasn't huge fixed spreads. You can really use it (from 1.8 points) and it will not be too expensive for your capital.
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Posted 4 years ago
Tight spreads are really valuable to me, as I scalp. Here I use classic account with no commissions and variable spreads. For my trading style this is the most favorable one in my opinion. You have to keep in mind that depending on your location (country of residence) you will be attached to one of the following HYCM subsidiaries: - FCA regulated - CySEC regulated - CIMA regulated - DFSA regulated Considering that all of these branches have the same root with an established and legal company - I don’t think there is a need to worry about the transparency of all the financial operations, quotes and all the other things that worry traders so often.
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Posted 4 years ago
I started warking here as this is a non-dealing desk broker, they are regulated and therefore will be making money with commissions, not trying to steal all of my money instead. Probably I'm supposeed to review the executiosn speed or something like that here. However, I am not very competent in this sphere and I can't notice when executions are few milliseconds faster or slower. However I can tell for sure: there was one withdrawal done and the money arrived fine.
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Posted 4 years ago
I am simply a member on HYCM. I have not started trading with HYCM as yet but whenever i sent an query, i always got satisfactory reply specially from Mr. Hussam. As now I want to start trading, who will be helping and guiding me. Regards.
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Posted 4 years ago
It is a quality company, which knows how to organize the work of its employees (in particular, technical service) and make the client satisfied. The only thing I lack is training materials. Yes, they are, and they are filled with useful information... But I would like something more original for advanced traders. I know a classic myself...
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Posted 4 years ago
Broker with a constantly growing number of regular clients and trade turnover. I am now with you too, especially with normal floating spreads of only 1.2 points. By the way, fixed spreads - from 1.8.
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Posted 5 years ago
Mr Bart Kasch is a very good trade consultant and recovery agent, saved me from losing 29000 euros to ETFinance. Reach him at BartKasch @ Affiliaterecovery .com
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Posted 5 years ago
Everything was fine trading with Hugo's Way until i got locked out of my account all of a sudden with no help from the support or my account manager who refused to pick my calls. I had to reach out to Mr Bart Kasch who helped a friend of mine recover his money for help and in no time my money became available to me, trading is more interesting than ever thanks to him. You can reach him at BartKasch @ Affiliaterecovery .com if you need help
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Posted 5 years ago
Fine broker. It’s got excellent conditions for raw accounts. In my experience this is a great offer. But I don’t trade intraday, my position size is no less than one lot, so it’s definitely worth it. Not sure about other account types.
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Posted 5 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
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Posted 5 years ago
I am happy for choosing HYCM for trade, and will recommend to my friends to work with.
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Posted 5 years ago
Dear HYCM You are a perfect broker. Your platform is perfect and spreads are normal and most importantly they are fixed. The only problem I have with your policy is SWAP. Its Really ruining the trade. The question is do you have any policy to remove swap in the future? Regards Hadi
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Posted 5 years ago
В целом все хорошо. Поддержка отвечает быстро. Но есть не большие задержки при открытие и закрытие ордеров.
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Posted 5 years ago
HYCM is rated 3.9 based on 484 reviews