HYCM Reviews

Name: HYCM
Rating: 3.86

3.9 Rating 485 Reviews

74 %

of reviewers recommend HYCM

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3.9

Based on 485 reviews

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Anonymous

Anonymous // 01/01/2019

Filter: Rated 5 None 5 Stars 4 Stars 3 Stars 2 Stars 1 Stars Helpful

“Just nice! HYCM's conditions is nice for beginners and experienced traders”

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Posted 2 years ago

“Great trading conditions! I rejected cooperation with my old broker and decided to open account with HYCM because of trading conditions. HYCM trading conditions are more suitable for my strategy.”

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Posted 2 years ago

“I was thinking about how I could describe the Hycm broker and came up with one word that fits perfectly, it’s safety. Because when you work with this broker you feel that your funds are protected and all you need is to trade. I can see why, as the security measures from the hycm are unprecedented. Starting from acquiring all the necessary licenses, to the safety of customers’ funds in segregated accounts. All these accounts are in the most respectable banks, like Barclays or Eurobank.”

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Posted 2 years ago

“I feel confident in market with HYCM broker. I am very anxious person. I will worry all the time if I am not sure about broker's reliability. With HYCM, I was finally able to relax and trade. This is because broker has several licenses and also employs advanced tools to protect clients' money.”

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Posted 2 years ago

“three types of account and one of them with fixed spreads. that's something that I looked for.”

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Posted 2 years ago

“HYCM is reliable broker which provides reliable services. I mean trading platforms. MetaTrader 4 and MetaTrader 5. These are well-proven tools that are respected by traders. You can ask about it on any forum if you don't believe what I say. MT4 and MT5 platforms may seem too complicated to use. Still, after short time you will understand that their complexity is related to functionality. All professional traders' needs are realized in these platforms. MT4 and MT5 can be used for manual trading as well as for using Expert Advisors. Also, custom trading tools can be used on platforms. Effectiveness of these tools can be tested with special platform services. So I am glad that HYCM chose to use these platforms!”

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Posted 2 years ago

“HYCM is very solid broker. I made sure of that when decided to find out how safe my funds were. HYCM complies with MiFID requirements and also has several licenses. To make it clearer, let me explain. Broker follows strict EU laws which are aimed to protect investors. Besides, in accordance with these requirements, HYCM acts with purpose of increasing effectiveness and transparency of financial markets. All this points to fact that broker is reliable place for trading and investing. Indeed HYCM is under control of leading world financial jurisdictions.”

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Posted 2 years ago

“During the whole trading career I never met such a broker like HYCM. Yeah, of course, I traded with tons of brokers, but for an unknown reason - hycm turned to be one of the most eminent in my life. Gotta describe a bit why I suppose like that. 1. firstly, hycm trading accounts are super cool, because the conditions afford traders to choose what is closer to them. for example, if you are a scalper, then perhaps, floating spreads can be more beneficial for you (you can pay attention to classic and raw accounts). If your trading strategy is quite restrained,and you comply with conservative risk management, then you can pay attention to the fixed account. Spreads 1.2 pips... Might be widened in case of high volatility, but it's okay. 2. The second thing is customer support team. I had a problem shortly after the registration, I lost the access to my account accidentally and had to apply to customer support. Guys helped me to restore the access to my account and what was crucial for me - they have done it within 10 minutes. It was super fast and I really appreciate such an attitude.”

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Posted 2 years ago

“frankly speaking, didn't notice here any cons. the company fully satisfies my needs in trading and I hope someone's needs as well.”

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Posted 2 years ago

“deposited money for the first time here quite recently and I liked the fact that they were received on my account within minutes. it's pretty convenient in my opinion, broker understands that traders hate when the processes of withdrawing and depositing money are distended. think that these days it's much more convenient to have a broker where the money are deposited right away without any delays. traders like this. HYCM is cool.”

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Posted 2 years ago

“safety of funds prevails over other insignificant aspects, imho. hence I have chosen this company as the primary broker. it has proven me that it cares about funds security.”

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Posted 2 years ago

“I want to share my experience with customer service. For all my questions, I received answers in shortest time possible. Here example. Once I duplicated payment by mistake. I did not know what to do and contacted support service. My account manager told me to request withdrawal. In the end, money returned to my debit card within few days. Manager explained to me that if I accidentally funded my trading account in future, I should withdraw money in usual way. So now I am careful with my funds! In all other situations, I also received help from my manager. In my opinion, customer service is very professional.”

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Posted 2 years ago

“HYCM is experienced broker. I mean, they've been in business for over 20 years. In that time they've learned how to interact with their clients. Let me tell you about myself. We know that significant economic and political events have powerful influence on financial markets. That's why I always follow news in my trading. It's very convenient to use economic calendar. Let me tell you what it is. It is list of news events of day or week with brief description of their influence on market. Calendar that HYCM provides is very informative and easy to use. Stay tuned, friends.”

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Posted 2 years ago

“When it comes to safety and reliability HYCM is the one that I think of. It has all the necessary features for a broker, nothing excessive. 1) decades of brokerage experience. I think hardly any broker company can compete with HYCM on that. It has such a long history, sometimes it seems that it has been on the market forever, since the dawn of humanity. 2) tradable entities. HYCM broker gives access to 300+ assets across five markets. There are companies with many more instruments available. But, ask yourself, do you really need that many? It's good in theory, but in reality you usually use 3-5 assets on a regular basis, maybe 8 at most. So I think 300+ is more than enough. Ultimately if a trader can’t trade successfully 20 instruments, 10,000 won't save him. 3) platforms. HYCM has only meta trader platforms 4 & 5, just the good stuff. It’s convenient, established, and reliable. 90% of traders know how to deal with it. And if you don’t, you should start learning it, because it's an industry benchmark. The bottom line if you are looking for a broker with stable performance, HYCM is the one”

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Posted 2 years ago

“When I opened an account with this broker I got comfortable trading conditions.Before I opened account, I carefully read these terms and conditions. They are completely suitable for me. I am constantly learning new things. And I am implementing new ideas in my trading. I am sure that they will be fully suitable for my future trading. If something doesn't fit, I will be able to change my account. Broker offers several account types to choose from. Each of them offers unique conditions.”

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Posted 2 years ago

“to make money you dont need much deposit but only BRAIN and trustworthy BROKER! even youngsters opening accounts and trade with profits. why cant you. hycm gives all tools, markets and opportunities.”

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Posted 2 years ago

“I always choose a trusted brands. user-friendly website. an excellent example of what broker should be. They have also a great choice of instruments for trading. The minimum deposit here is only $100, I think it's great for beginners. Recomended!”

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Posted 2 years ago

“I would like to tell you about their webinars. We are all used to the fact that for most brokerage companies, webinars are purely an advertising when they show you what a wonderful company you are and how many opportunities there are. HYCM did something completely different. They made a really educational format that gives you an understanding of some new processes or terms and with which you can understand something. Real examples. complete algorithms. New strategies.”

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Posted 2 years ago

“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

“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

HYCM is rated 3.9 based on 485 reviews