HYCM customer reviews

Yeah, YCM broker is a modern one, thus it provides an opportunity to open joint account and share it with someone else. I don't really know whether this idea is cool, because you should really trust a person in order to use one account for trading purposes. If you want to create a joint account, you have to contact customer support service and ask them about the whole process. They respond pretty quick, so you will not have any issues I guess.

Pros: Modern trading service Own software Stable operation of the terminal Convenient mobile application High-quality technical support work Analytics and training There are no problems with the withdrawal of earnings

Cons: Technical failures

I've seen a lot of ads from this broker. In fact, there is nothing outstanding in this company. I opened the demo here first. The demo account gave me the opportunity to polish my strategy a bit. When registering for the demo, you will receive 10,000 rubles. If you test correctly, then the amount will be enough to understand what's what. The demo allows you to earn virtually, but in real life everything will be more difficult. After all, the demo 100% twists your result into a plus. In real life, I noticed platform freezes, and it seems to me that there are manipulations with assets on the part of the broker. But if you still earn something, then the money will be withdrawn. The conclusion is not fast, but there is for sure. I checked it myself. By the way, it will not be possible to withdraw less than 10 bucks, such rules.

Pros: Reliable company

Cons: Minimum deposit size

I understand that minimum deposit size will not allow beginners to lose all their money due to lack of experience. But for experienced traders like me, it is not always convenient. Otherwise, all broker's trading conditions are excellent!

Pros: regulations, lots of crypto, scalper friendly.

Cons: I would like to have bigger leveraeg, at least on currency pairs.

I used to always trade with high leverage, but those were not so prominent brokers like hycm. So I guess moderate leverage is a good thing.

Pros: Convenient trading terminal Intuitive website Low entry threshold Huge selection of accounts High leverage

Cons: There is no license of a reliable regulator

Well, I've certainly never actually written a review before but today I just felt like doing it. I really wanted to reduce the amount of time I spend on trading. It must have taken me half a day, or even more, every day to make something on my own. All in all, it took so much nerve, it was just kapel. I searched for a long time, but I did not dare, and then I decided to try. At first I have connected to only one trader. But having browsed through forums, I came to the conclusion that I advised people to choose several traders at once. I connected two more traders. In general, I have achieved what I wanted - reduced time for trading, while the end of the month was even better than when I traded by myself (well, this is an average, if you take it as an indicator). I used to withdraw about once or twice a month, now I want to try not to withdraw for half a year and increase deposit if possible. The broker seems to be already proven, such trust should be justified.

Many traders who have experience with MT4 don't get along with MT5. In this regard it is really good HYCM provides both of them.

Pros: - A regulated broker; - Trading accounts with floating and fixed spreads

Cons: - Some broker’s branches offer decreased leverage

This broker suits me. Here I found what I needed. I mean the required trading account. I want to ask one question. I’m interested in trading on one account together with another person. So, I need a joint account? Is it possible to open it?

You've described this broker quite detailed. I would state also that there is an opportunity to get a VIP account, but, honestly, it's super tough. You must have huge volumes and it requires trading day'n'night.

Pros: Trading platforms variety, regulation

Cons: Haven't face during usage

So nice HYCM has Metatrader 5 along with Metatrader 4 trading platform. I wanted to try, but wasn't sure if I like it and now have a chance to get back to MT4

I agree that this broker offers universal trading conditions and excellent opportunities to learn how to trade in financial markets. It means that experienced traders who already have strong trading strategies, as well as traders who are just learning to trade, will feel comfortable with HYCM. Yes, every trader can choose most suitable trading conditions by choosing trading account. When I was beginner, I used all available options. HYCM offers really enough.

Pros: Favorable terms of cooperation Platform reliability Affiliate program and demo account No deposit required Zero deposit fee Commission only for the first withdrawal A trader can trade currencies, cryptocurrencies, indices and commodities

Cons: Missing license Slips and requotes

The broker decides what conditions to set for him, and the trader decides whether to agree or not. Everything is fair. I've agreed to open up and I don't resent it. Outraged only by the obsession on the part of managers. Calls, named, ringing - gets specific. I asked them not to call, they began to call much less often, but they still call. On the other hand, if I have any questions, then everything is solved quickly by calling. By the way, I had questions a couple of times on the technical side. Regarding withdrawal, trading, etc. - there were not even any questions.

Pros: Excellent trading platforms and wide range of financial instruments

Cons: I don't think this broker has any disadvantages

Let me give you some advice. You can check brokerage service quality on demo account if you doubt my words.

Pros: Safety of funds

Cons: instruments’ fees leaves much to be desired

For sure, a very secure forex broker with years of experience. However spreads could be more competitive to match the solid reputation.

Pros: Ample opportunities for education Educational videos and webinars More than 2000 trading instruments

Cons: None

They have integration with tradingview, I use it to monitor charts, quite convenient. And recently I contacted support and was told that there is also one with metatrader. A real-level platform. I recommend it. Guys, add more assets that you can trade with. And so everything is fine with the withdrawal, there have never been delays. I use both a card and a crypto wallet.

Pros: several types of account, tight spreads

Cons: didn't find real drawbacks

generally, the broekr is comparatively cool. can't complain about something. everything works liek a clockwork.

Pros: As for advantages I would note the fact that this broker offers several main types of accounts which are diversified according to their special features, for example, fixed and classic have 100$ initial deposit, Raw one - 200$. Moreover, education is a real bomb!

Cons: Frankly speaking, didn't notice any drawbacks. Trading here for couple of months and still everything is okay. The only thing probably - requires. I faced one requote when tried to open a position and it was kinda weird for me, but think that it's just a small issue and nothing serious.

Generally, I described everything above but I can state that trading with hycm broker is awesome. 1. As for the intraday traders the conditions here are cool: floating spreads (just pick the right time for trading in case you like me are fraid of high volatility), fast platform, no delays, no bugs. 2. Strong educational center, if you understand that your knowledge in trading are far from the perfection, then you can always apply to learnign center here and read FAQ section where everything is described in details.

Wow... You have described everything in details. I like it. In my opinion, such reviews are worth being read by people... Traders sometimes are super lazy but in this case I'd certainly advise them to read the reviews, because hycm broker really contains tons of features whoch simplify trading processes.

Pros: several types of account; regulated broker, have licenses; lots of educational materials

Cons: fixed account - don't like such ones, prefer floating spreads

Generally, I allocated everything I wanted above, but wanna state a bnit concerning fixed account. Perhaps, it may be useful for a particular group of traders, for example, those ones who don't understand such things as spreads, pips and so on, who just want to open deals and receive income. I prefer floating spreads only, because I am a scalper, precisly, a bit fond of scalping... The broekr offers quite a complex and full educational base for those ones who haven't faced trading activity before.

Pros: several types of account; cool spreads; awesome customer support

Cons: didn't notice yet

Generally, I allocated that I didn't notice here any disadvantages, but for me "disadvantage" is a strong word... I can underline the small requotes sometimes... I faced them two times for couple of months and I ain't consider this as a real flaw. In my opinion, everything that this broker offers prevail over all these requotes and such things. I try to underline only positive things, cuz' when you pay attention to positive things - you are twice happier =)

Pros: High-quality technical support in 5 languages 20,000+ active traders Multiple tariff plans Table of market information on the website

Cons: There are failures in the terminal Deposit and withdrawal fees Slippage and unstable spreads

The minimum amount of replenishment of the account is low, which is very convenient, you can use both a card and a bank transfer for replenishment.

I can call HYCM trading experience everything but expensive. $100 for a broker with decades of history behind its back, strict regulative conditions, free payment processing. As for me it’s a good deal. Trading conditions everyone can choose for himself, but in general, as an established broker HYCM is on the top.

Pros: *classic metatrader 4 and 5 trading platforms; *range of markets; *informative education platform;

Cons: *expensive minimum deposit; *numbers of trading instruments; *design

Definitely I can recommend this broker to everyone looking for a stable company with suitable trading conditions. It is well registered and regulated and has all needed markets, instruments and tools for successful trades. For 2 years of trading I have had a positive experience with this broker.

Pros: Oh, it certainly is wide range of ways to deposit and withdraw from accounts! I can choose fastest way and withdraw my earnings without any problems.

Cons: Hmm, problem for me is choosing account =) I think they all fit my trading plan. Can't make choice...

I think it's reliable broker. Trading conditions and service can meet desires of most traders. In any case I stay with HYCM.

Pros: The first and most interesting is an affiliate program that allows clients and partners to make money together. In the second place, I would put the number of markets that I can use in my trading scenarios; it is not much, but it's liquid instruments so that you can make money with - forex, stocks, commodities and indices. From my trading years of experience, I can surely say that metatrader is one of the best trading platforms. You can automate your trades and control them even from a mobile app with an expert advisor. Another fact is that company was founded a long time ago. With clear registration and regulations, it makes this broker stable.

Cons: We all want to trade crypto instruments at least to try it. The main idea pf investing said about asset allocation, so it is better to more of it. HYCM trading accounts divides into 3 different types. A minimum deposit for each is a kind of expensive, but in the same way investing should come from free money.

All in all, I can recommend this broker to anyone for a majority of reasons. It is strong broker with pleasant trading conditions.

Pros: Ease of use of the service Reliability and transparency of work Cooperation with many well-known forex brokers Profitable affiliate program Analytics and training Free use

Cons: None

I have been making money on forex for 5 years. And all these years I have been dealing with only one broker. It would be impossible in principle if what is written in some reviews was at least a little like the truth. I am satisfied with everything, or almost everything, if you take into account minor details. And what can I not like here? The platform is super, spreads are acceptable, trading conditions are better than in other similar companies. And most importantly — they give money away! I order withdrawal not very often, about once a month. And after 5 days, the balance receives a message from the bank about an increase in the balance on my card.