HYCM customer reviews

Pros: Broker with a lot of trading opportunities. Here I note some key features: registration and regulation by global and international institutions old time broker winning award for custom and tech services trading platforms mt4/5 100$ minimum deposit available instruments like forex, metals, gold and silver, energy products oil and gas, commodities, indices and stocks

Cons: leverage size spread size customer support 24/5

No matter how good or bad your broker most important how good you as trader. Your trading professionalism show your statistics and how can you follow your own rules.

Pros: Regulated by FCA & CySEC

Cons: I want bigger edu section

I would like more quality analytics with an analysis of the successful points to enter the market, taking into account the current situation. But everything here suits me fine. Good and varied conditions for trading. most importantly, hycm withdraw the money without delays. By the way,did anyone tried to scalp here?

I try all of their account and according to my trading style I need small pips spread so I stay with raw account and Im happy.

Pros: Definitely spreads.

Cons: The platforms are MT only.

Now let's break it down in a more reasoned way. Having three types of spreads is pure delight! It's the first time I've seen this and I didn't think that changing spreads (in my case settled on raw and a small commission) could be so meaningful for you. Regarding terminals I probably have a personal dislike towards MT, it suits the trading, but it reallt old fashioned.

Pros: - first of all i check registration and regulation. all good - broker has multiple global awards. it means that company is competitive - different spreads depend of account type - mobile trading with metatrader 4 and 5

Cons: - educational forex platform - calculator might be more advanced

One of the oldest broker companies that I use for a lot of years and I have no problem with it. Here I added my experience notes. It's my opinion, so don't look at it as one truth. So far so good. If everything goes in the right direction sometimes it's better to change nothing :)

Pros: Broker's entry into world markets The possibility of mobile trading Unlimited duration of demo account Multilingual customer support Multiple trading platforms

Cons: -

We attracted normal trading conditions and the presence of a regulator in the broker. As a result, I opened a cent account with him first, and then a classic one. I have been cooperating with the company for a couple of years. During this time, there were no special problems with her. I continue to use the cent account to test strategies. But not so long ago I had an unpleasant moment regarding the delay in withdrawing money from the account. The application was processed in a couple of hours, but the money went for about a week.

broker offers plenty of payment methods for withdrawing and depositing funds, it's kinda tough to underline the fastest way actually. It depends on the payment system but not on the broker... According to general rules of this broker, then HYCM processes your withdrawal request within 1 business day, withdrawals can take 3 to 7 days to reach your account depending on your bank or credit card company. You better ask support team to be sure.

Pros: The special form helps you determine the type of account that would suit you most.

Cons: Pretty wide spreads on Fix account

So, I liked everything despite spreads on fixed accounts. Anyway, I hope I will earn some money and certainly change it over because it's used by rookies majorly as far as I am concerned. Are there any traders who trade on the Raw account? Do you like it?

Pros: several types of account is a real advantage for me.

Cons: low leverages available for trading on various assets, crypto is just 1:20, it's not thatb much!

Despite all the drawbacks and advantages, I can state thath i will certainly remain with this broker. I always ask customer support team about various things which are considered to me pretty vital in trading. They politely answer my questions. I believe that brokers can affect the mood of traders. Bad mood make you losing funds. Being calm is the main thing for being successful in trading. Don't underestimate the broker impact on trader. Choose wisely.

Pros: Good educational section, more than 40 years on the market

Cons: Not enough analytics on the site

About hycm I can say that the reliability of this broker does not cause any doubts. I myself use mobile trading via iOS, everything is set up, I do not see any difficulties. The chart, orders, speed of execution correspond to the desktop version, there are all the necessary indicators. Support is very responsive and very competent...

Pros: Official regulation, decent reputation, mt4, mt5, fast order execution, no commissions

Cons: Spreads are a little bit high

I switched to hycm recently and I am pretty happy about my current experience because of the fact that now I don't have such a headache related to the stability of the broker and consistency of the trading platform. Right now I can concentrate on trading solely without thinking about how to solve this or that problem which may take place during the trading process. It is of great importance for me as I already started to notice that my trading results have improved pretty much. Surely, the maitanance of the service of such a great quality is not free of charge, so that the spreads are a little bit high, but they are still competitive.

Pros: Reliability of the company Convenience of working in terminals Training materials Timely withdrawal of earnings Operational technical support Affiliate Program Demo account

Cons: Unfavorable trading conditions Terminal failures and delays

I chose the company because of the large number of currency pairs, scripts. The presence of a regulator also captivates. Thanks to this, many nuances have faded into the background. During the work, I managed to check how funds are withdrawn. I can say that quite quickly - two days have passed since I submitted the application — the money came to the card. I want to note the convenience of trading on the news. Spreads, of course, are not the smallest, but there is no special expansion at the peak moment of the news. This is a plus, because you can easily plan a strategy, even when the market is very volatile.

Pros: Official regulation, mt platforms, different account types, top-quality customer service

Cons: None

Hycm is an awesome broker which has multiple official regulations and supports mt4 and mt5. I also like the fact that there are different types of trading accounts which suit well to different trading styles. So, in order to determine which account is suitable for you, you can go through a quiz and understand what the best option for you is.

Pros: I noticed here plenty of promotions and interesting conditions towards bonus system.

Cons: The customer support team responses pretty slow, moreover, as far as I am concerned it doesn't work on weekends.

When I firstly met this broker I decided to start off from demo account here. FXCC Demo really deserves to be tested by new traders. Actually, there are all the conditions which are directed to the development of basic skills. Novices have to pay attention to the demo account because it helps to understand the base rules of trading. Remember that it's important to combine demo trading with theoretical learning in order to get the maximum result.

Pros: Many regulations and licenses; Metatrader 4 and 5; account with raw spreads; high leverage.

Cons: I didn't find a lot of tutorials.

I've been trading here not very long, so I don't understand a few things yet, but I'm sure that I've chosen the right broker. I have already made some money and I want to ask: What is the best withdrawal method to use? I need it to be fast and safe.

Pros: Floating and fixed spreads Regulation

Cons: No bonuses

It’s hard to classify this broker as low-fy bcz it’s a true old-fashioned dinosaur of the industry. It also allows to choose between fixed and floating spreads. I generally welcome this broker. I even opened an ECN account here, but I lack bonuses. They are an essential part of my money management. I hope they will add some promos in future.

Pros: mt platforms, wide choice of assets to trade, satisfactory trading conditions, fast withdrawals

Cons: I haven't noticed any serious drawbacks

Before choosing this broker I read so many different hycm reviews which were pretty contradictory to each other, so I made up my mind to pay my attention to the objective facts. First of all, hycm has many official regulations. If I got it right, regulation means a certain warranty that your money is safe on your trading account and the broker doesn't cheat its traders with the actual informatio about the market. I've learnt that it is pretty difficult for a broker to get regulated because it needs to meet so many requirements at a time. Hycm has four official regulation which confides trust. Trading conditions are fine for me. I like the fact that the broker supports mt trading platforms. I feel that I am not the only one who got used to mt4 and I don't want to change my trading habits and keep on trading the way I used to trade. This fact made the whole process of switching to the new broker really smooth.

Pros: Support service in popular messengers: Skype, Viber, Telegram, Whatsapp and Facebook A convenient mobile platform that is one of the best Protection against negative balance

Cons: Missing cent account

I want to note the convenience of trading on the news. Spreads, of course, are not the smallest, but there is no special expansion at the peak moment of the news. This is a plus, because it is easy to plan a strategy, even when the market is very volatile. Deviations from the initial spread value are minimal.

Pros: Fixed and floating spreads Regulation An attractive affiliate program

Cons: Metatraders only

I chose this company for two reasons. First, it offers a trading account with fixed spreads and it’s very good for my night trading. Secondly, many traders adviced me the company as the one that has rare slippages.

Ahahah, yeap, I hope everyone really understands that in order to succeed her you've got to have smth more than just a purchased robot or a working strategy. Success takes patience and a quiet mind. No broker can give it to you.

Pros: Three types of spreads.

Cons: Education.

It's true that the three types of spreads are not just some attention-grabbing thing for traders - they really are the thing or the thing that can dramatically change your results in the market and make them more stable and higher. Their educational moments are still a bit of a mess because they offer purely general data that needs serious additional processing and I really miss some more specific thematic information, other companies are already doing it better.

Pros: Long history of operation, multiple regulation, mt trading platforms support, abundance of different financial instruments, multiple payment methods.

Cons: I haven't noticed any serious drawbacks

HYCM has a long history of operations on the market which speaks lots of things and one of them is the fact that the broker can definetely be trusted. This broker was founded in 1970s and, to put it mildly, not all of the brokers are able to exist for so long. More than that, this broker has multiple regulations which only strenghtens my impression of this broker as the decent one. There are many hycm reviews on the internet, but not all of them are sincere and have any connection to the reality. As for me, I prefer to notice only objective facts which can be checked.

Pros: Making a profit from each transaction, Minimum spread, No hidden fees, Low spreads for fixed time periods.

Cons: Trading with leverage is not suitable for beginners, You should be careful when trading on weekends because you can't withdraw your money from the broker until Monday.

I used the services of this broker to trade currencies and stocks. I like their simple trading platform with clear charts and clear information in the interface. Brokers provide investors with leverage and allow them to trade on platforms that are compatible with their situation and needs, whether it is trading on a fixed or credit basis, trading markets or implementing various strategies that meet their investment needs.

Pros: Reliability of the company Convenience of working in terminals Training materials Timely withdrawal of earnings Operational technical support Affiliate Program Demo account

Cons: Unfavorable trading conditions Terminal failures and delays

The company offers good conditions, and regulation inspires confidence. The platform works perfectly, both the computer version and the mobile terminal. The broker allows trading with advisors, which is sure to appeal to novice traders.I have been working with a broker for more than a year, and during this time I have not found any problems. Money is withdrawn quickly, there are many payment systems: you can choose a convenient option.

Pros: Reliability, customer funds are protected, small minimum deposit.

Cons: Lack of analytics on the site

I chose this broker as an alternative broker so I don't have all my money in one account. As a result, my trading account with HYCM broker became my main account. I chose the Metatrader 5 trading platform for trading, it has a larger number of timeframes and a large selection of indicators. Has anyone here opened a RAW account, what are your impressions?