HYCM Reviews

Name: HYCM
Rating: 4.15

4.2 Rating 420 Reviews

82 %

of reviewers recommend HYCM

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4.2

Based on 420 reviews

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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

“Hyсm is the top-tier forex broker that is accessible for everyone.”

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Posted 2 years ago

“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

“HYCM has a number of strong sides such as solid regulatory status or a long brokerage history. These features make a great foundation for every financial company. However I fail to understand why hycm has such a weak execution model. IMO brokers with such history can’t afford that. I can accept the relatively low number of assets, but execution is very important for me. and I’m sure that not only for me, but for every more or less experienced trader.”

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Posted 2 years ago

“all the accounts have pros and cons. Can’t choose one.”

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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

“calculator and economic calendar are two my primary tools. I can't invest money without using them, because, it makes no sense at all. it's just the same as to open new deals without any technical analysis, just playing lucky wheel. don't really like such an approach, hence this company is pretty attractive for me.”

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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

“read tons of reviews about hycm brokers, and actually wanna write my own one. it will be small, don't judge me ;D so, raw account is forever in my heart... spreads from 0.1 pips and they are floating, as for the scalper, this is the most important thing. but, there is something to pick on. yeah.. I am picky :D customer support responded for a solid amount of time on my question. but, eventually, they solved my issue.”

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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

“attractive conditions. once you wanna start trading you can apply to this company and open here an account. you have three account types and all of them have their own unique conditions, however no ability to use EAs on fixed account disappointed a lot, because I am fond of fixed spreads and using EAs at teh same time. think that it will be fixed sometimes as I really wanna trade this way.”

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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

“im not a fan of brokers like this one, but truly speaking it is a competitive broker and my opinion is subjective. there is everything you need to build your deposit and trade like a professional investor.”

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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

HYCM is rated 4.2 based on 420 reviews