HYCM
Reviews and Complaints

When looking for a brokerage to trade with, I prioritize reliability above all else. That's why HYCM caught my eye. With a start date in 1977, this brokerage firm is a veteran in the industry. When a company has been operating for that long, it's a strong indication of its well-regulation. HYCM is regulated by four credible entities: CySEC, CIMA, DFSA, and FCA. As an investor, this definitely gives me peace of mind.

Now, it's important to note that HYCM is a traditional broker. They do not offer any modern or custom-made trading solutions, like the popular cTrader platform. However, I personally prefer tried and tested terminals, such as MT4 and MT5, and this is exactly what HYCM offers.

While HYCM may not have the most extensive selection of assets, they do offer the most popular ones. This is more than sufficient for traders to effectively and profitably trade assets, with 40 currency pairs, indices, metals, ETF, and even some cryptocurrencies.

Personally, I am always looking for tight spreads. To meet this need, I have opted for HYCM's Raw trading account. With spreads starting at just 0.2 pips, I can confidently trade without worrying about significant deductions to my profits.

All in all, HYCM might not be for everyone, but for me, it has provided reliability and a strong foundation for my trading needs.

Overall, my experience with HYCM (hycm.com) has been quite positive. As someone who is meticulous when it comes to choosing a broker, I was naturally cautious when approaching this platform. The fear of being let down by a new broker always permeates my decision-making process. In the past, I've had some unfortunate experiences with brokers who didn't live up to their promises. As a result, I tend to be very careful when selecting a new platform to trade on.

However, HYCM impressed me from the moment I started engaging with it. I spent hours reading through various HYCM reviews before I decided to take the plunge and open an account. Many reviewers kept reiterating how long the platform had been in existence. But, as someone who has been burned before, I knew that longevity did not always equate to quality. However, I decided to give it a chance and opened an account with fixed spreads.

To my pleasant surprise, I found the platform to be reliable, efficient, and easy to use. The absence of freezes and the seamless execution of trades made it easier for me to relax and focus on trading. I spent two months testing a variety of assets and found that everything worked exceptionally well.

When it came time to withdraw my earnings to my Skrill account, I was genuinely impressed with the speed of the process. Each time I submitted a request, I received my funds within an hour. I didn't try bank transfer since I know it may take up to a week, which I find to be a significant inconvenience.

All things considered, I'd recommend HYCM to anyone looking for a reliable, efficient, and well-established trading platform. While I was initially hesitant to trust a new broker, I found my experience with HYCM to be nothing short of outstanding. So, if you're looking for a new trading platform, give HYCM a shot. You might be as pleasantly surprised as I was.

When it comes to online trading, HYCM is definitely a platform to consider. While some might miss the exotic instruments in the MT4 terminal, HYCM offers a wide range of assets that is enough to enable profitable trading over a long period. And what makes it even better is that there is no need for a high initial deposit for various account types, which is a significant advantage for many traders.

One thing that sets HYCM apart from other trading platforms is the superior level of service delivered by the support team. They are always on hand to answer any questions you may have, providing detailed explanations that are easy to understand. This is a valuable asset for traders who may not have the expertise of market analysts to navigate the complexities of trading.

It is worth noting the high number of countries in which HYCM operates, and the platform's numerous media appearances. This shows that they are a reputable and established broker with a strong presence in the global market.

The ability to choose leverage is a feature that many traders will appreciate. Different trading strategies require different levels of leverage, and HYCM understands this. It is important to note that regulatory requirements differ across various branches, but this should not discourage traders. For those trading on behalf of an international pool of investors, it makes more sense to take advantage of different trading conditions provided by one broker.

Slippages are rare on the platform, which is another significant advantage for traders. This means that they can execute their trades with confidence without worrying about issues such as order execution delays or erratic price movements.

In summary, HYCM is a platform worth considering for online traders who seek a wide range of assets, competitive account types and leverage, and excellent support service.

. In fact, HYCM offers very competitive spreads, as well as a wide range of instruments to trade, including forex, commodities, indices, and cryptocurrencies. The trading platform is user-friendly, with advanced charting tools and real-time market updates, making it easy for traders to make informed decisions. There are also various trading accounts to choose from, depending on your experience level and trading style, including Micro, Mini, Standard, and VIP accounts. Moreover, HYCM offers a range of educational materials, including webinars, e-books, and video tutorials, which are suitable for beginners and experienced traders alike. They also provide excellent customer support, with knowledgeable and responsive representatives who are available 24/5 to address any queries or concerns. Overall, I highly recommend HYCM to anyone looking for a reliable and trustworthy broker with excellent trading conditions, solid regulatory framework, and exceptional customer support.

As someone who has been in the trading game for a while, I know how difficult it can be to choose a reliable broker. With so many options out there today, it's easy to get lost in the sea of trading services and forget about one of the most important aspects of trading: reliability.
Of course, nearly every broker offers a range of services, from ecn to fixed accounts and bonuses, but the truth is that these flashy offerings can often mask underlying issues with regulation and liquidity. That's why I always look for brokers with a strong track record and a commitment to transparency.
That's where HYCM (hycm.com) comes in. After reading some positive HYCM reviews, I decided to give this broker a try, and I was impressed with what I found. With years of experience in the industry, HYCM has a deep understanding of the market and a focus on providing reliable execution and dedicated customer service.
In my experience, HYCM delivers on its promises. The execution is top-notch, and the broker seems genuinely committed to putting its customers first. I appreciate that the minimum deposit is reasonable and there are no outrageous bonus offers that could signal potential issues with liquidity.
Overall, I feel confident trading with HYCM and would recommend it to anyone looking for access to a reliable and trustworthy trading platform.

It is with immense pleasure that I share my experience with HYCM (hycm.com), a broker that left a lasting impression on me. I had heard a lot about this company through various hycm reviews, and that sparked my interest in registering with them. Needless to say, my decision was right on the money.

As one of the pioneers in the industry, HYCM left no room for doubt when it comes to their reliability and trustworthiness. I must admit, it's comforting to know that I have partnered with a brokerage firm that is highly regarded in the industry and has been around for so long.

However, I can't help but feel that my experience with the broker might not have been as remarkable had I joined a different branch. I opted for HYCM LTD (St. Vincent) given that I reside in a region that allows me to trade Forex instruments with 1:500 leverage - a significant factor for me. On the other hand, I came to know that HYCM's European branches, including HYCM (Europe) Ltd (CySEC) and Henyep Capital Markets (UK) Ltd (FCA), operate with restrictions on leverage, capped at 1:30. So, if you're a trader living in the EU, this is something to keep in mind.

However, even with the European regulation's constraint, I believe that HYCM's reputation and reliability more than makeup for it. When it comes to trading, there are multiple approaches, and a lack of leverage doesn't mean that one can't be successful. What's important is alignment with a trustworthy partner.

In summary, I've had a positive experience with HYCM and would highly recommend them. They're a reliable broker with a proven track record, and their presence in the industry speaks volumes about their trustworthiness.

When it comes to choosing a brokerage to trade with, it's important to do your research and read reviews to ensure you're making an informed decision. That's why HYCM caught my eye - almost all the reviews I read were overwhelmingly positive, and I decided to give them a try. While I may not agree with every point made in those reviews, there are definitely some key aspects that I can appreciate about this brokerage.

One of the most important factors for me is ensuring that the brokerage is fair and transparent with its clients. Thankfully, with HYCM, I didn't find any shady spots when looking through their legal information. Their website provides clear and detailed terms and conditions, leaving no room for confusion or manipulation. This is something that is often overlooked by reviewers, but I believe it's crucial in choosing a trustworthy brokerage.

Regulation is also a key factor to consider, and HYCM is fully regulated by both the FCA and CySEC - two of the most reputable regulatory bodies in Europe. This provides me with peace of mind, knowing that my investments are protected by trusted authorities.

When it comes to trading platforms, HYCM offers the popular Metatrader 4 and Metatrader 5 options. Personally, I don't see much of a difference between the two, and some reviewers may overemphasize the superiority of MT5.

Finally, as for the all-important spreads, HYCM offers three types of accounts, and I've tried the ECN account. So far, I've found that the spreads are tight, averaging around 1.2 pips for my Forex portfolio.

Overall, I'm pleased with my experience with HYCM so far, and I believe it's important for potential clients to consider all aspects, including legal information, regulation, trading platforms, and spreads when deciding on a brokerage.

I would like to share my experience with HYCM, as I believe it's important to provide honest and in-depth reviews of brokers. I was drawn to HYCM because of its affiliation with the well-established Henyep Group, which has been successfully operating since 1977, and has garnered a large following of clients around the world. Additionally, HYCM Forex broker has been providing CFD trading services since 2000, which indicates a strong history of experience and expertise in the field.

One of the most notable benefits of HYCM is its wide selection of trading assets, which includes currency pairs, company shares, indices, cryptocurrencies, commodities, and ETFs. As someone who values diversity in their trading portfolio, this was definitely a plus for me. Another notable feature is the option to use MetaTrader trading software, which includes both MT4 and MT5. This allows for greater flexibility in trading and customization.

When it comes to spreads, traders have the option to choose between fixed spreads and floating spreads accounts. While some may prefer fixed spreads for their consistency, others, like myself, prefer the flexibility of floating spreads. Additionally, I appreciated that the company has CySEC regulation, and clients' money is kept in first-tier banks, which adds an extra layer of security to the overall trading experience.

However, it's important for potential traders to note that HYCM does not accept clients from certain countries, such as the USA, Canada, Hong Kong, Japan, and France. Additionally, while the company is registered in Saint Vincent and the Grenadines, it's important to do your own research and due diligence when it comes to any broker you may trade with.

Overall, HYCM is a good broker with many advantageous features. That being said, it may take some time and effort to figure out the best way to trade with the broker and choose the right account for your personal trading goals and strategies.

When it comes to choosing a brokerage service, one can easily feel overwhelmed by the multitude of options available. As an experienced trader, I know how important it is to carefully compare and weigh the pros and cons of each brokerage service in order to make the most informed decision possible.

After conducting extensive research and testing various brokers, I have come to the conclusion that there are two key factors that make or break a broker: reliability and deposit/withdrawal processes. If a broker fails to excel in either of these areas, it simply cannot be trusted with your hard-earned money.

With this in mind, I decided to put HYCM (hycm.com) to the test. While I came across many reviews online that seemed to contradict one another, I was determined to see for myself what this broker had to offer. Instead of opting for a demo account, which I felt would not provide much insight into their actual trading processes, I went ahead and deposited their minimum amount of $100.

Over the course of a month, I traded with HYCM and tested their withdrawal process with different payment methods. I found that their execution speed was impressive and their managers handled my withdrawal requests with efficiency and professionalism. All in all, I am satisfied with my experience with HYCM. Their commitment to reliability and transparency is evident in the way they conduct their business, and I look forward to continuing my collaboration with them.

As a casual trader who manages a restaurant outside the city, I wanted to share my experience with HYCM and why I believe it stands out as a reputable broker in the market. While I don't have a pressing need to make money through trading, I find it to be a stimulating hobby that challenges me to learn new strategies and systems.

My interest in HYCM began a few years ago during the Bitcoin boom when I decided to buy one coin and watch its growth. Although I missed out on the peak as I was preoccupied with my restaurant business, I still managed to make a respectable 300% profit by buying it for $8,000 and selling it for $24,000. I may not be buying Bitcoin anymore, but I'm still interested in following its trend, and HYCM has consistently garnered good reviews as a broker.

As I talked with different types of traders, it was clear that HYCM has built a solid reputation over the years. While it offers only two trading platforms - MT4/MT5 - the simplicity of its offering doesn't detract from its ability to accommodate traders' needs. Notably, the broker offers attractive conditions for making money with low spreads and minimal transaction fees. Additionally, there is no slippage, which means traders can have more confidence in the reliability of their trades.

From my experience with HYCM, I believe that it is a noteworthy broker and will only gain more popularity in the future. Whether you're a seasoned or novice trader, HYCM's reliable reputation and favorable trading conditions make it a great broker to use. I wish everyone happy and profitable trades!

Hey there, if you're thinking of trading with HYCM (hycm.com), then you should know that this is one of the leading CFD brokers out there. Before making any decisions about investing with them, it's important to do your research and take all the necessary precautions.

It's important to note that HYCM is regulated by several of the top financial authorities, including the FCA and CySEC, so you can feel comfortable knowing that they are a reputable company.

One of the things that I really appreciate about HYCM is their platform, which is user-friendly and navigable even for those who are new to online trading. They also offer a variety of trading instruments, such as Forex, CFDs, and cryptocurrencies, making them an attractive option for many traders.

Their customer service is also top-notch, which is always a plus in the world of online trading. They are available 24/5 and are responsive to any questions or concerns you might have.

However, like any online trading platform, HYCM comes with its own risks. It's important to always use caution and invest only what you can afford to lose. Furthermore, there have been some reports of scams associated with HYCM, so it's important to be cautious and do your due diligence before investing with them.

Overall, HYCM seems to be a reputable and trustworthy online trading platform. However, it's important to proceed with caution and conduct thorough research before deciding to invest with them.

In today's day and age, online trading has become a popular way for individuals to invest their money. As a result, brokers like HYCM have made a mark in the industry by offering their trading services to the masses. However, with a plethora of options available, it can be quite tricky to choose the right account type that perfectly suits your trading style and preferences.

In this regard, HYCM stands out from the rest by providing its customers with an exceptional account selection process. I was especially impressed with how the broker facilitated traders in selecting the best trading account for their individual needs. By having this feature in place, potential traders can easily avoid unnecessarily paying high charges and fees.

Apart from this remarkable perk, HYCM offers a range of account types to choose from, each with its own unique advantages. So whether you are a beginner or a seasoned trader, there is always an account tailored to your trading character that can help you grow your portfolio.

Another noteworthy aspect of HYCM is their outstanding customer support. They are always available to answer any queries or concerns traders may have and are prompt in their responses. This is a big plus for traders who may want help navigating the platform, or simply have a question about trading in general.

Overall, HYCM is a reliable and trustworthy broker that offers excellent trading services to its customers. If you are looking for a broker that considers your trading needs first, HYCM is definitely worth considering!

As someone who has been in the trading game for some time now, I can definitely attest to the excitement it brings. However, it isn't without its share of risks and letdowns. And like so many other traders out there, I share the experience of occasionally getting burnt while trying to turn a profit.

One thing that has always stood out to me about HYCM (hycm.com) though, is the fact that they're committed to providing optimal trading conditions and opportunities for their clients. And that's not just some empty promise either. They really do deliver on that front. Given how difficult it can be to find a broker that truly puts its clients first, I really appreciate how HYCM goes above and beyond to ensure a satisfying trading experience.

But even with a top-notch broker like HYCM, trading isn't a guaranteed success. It's up to every trader to chart their own course and make the decisions that will either make or break their trades. That's why I always stress the importance of careful demo trading and really getting to know the ins and outs of the MT4 and MT5 trading platforms before diving into live trading.

Overall though, I have to say that my experience with HYCM has been a positive one. Their dedication to providing excellent trading conditions and resources has made a real difference in my trading journey. So if you're looking for a broker that genuinely cares about your success, HYCM is definitely worth checking out.

However, when it comes to customer service, HYCM exceeds my expectations. They are always there to help me out whenever I encounter any issues with my account or platform. Their support team is available 24/5, and they are incredibly prompt in their response. I have never had to wait more than a few minutes to get my queries resolved.

Another thing that I appreciate about HYCM is their dedication to education. They offer various educational resources, including webinars, videos, and articles, to help their clients improve their trading skills. They also provide daily market analysis and insights, which can be very useful for making informed trading decisions.

When it comes to trading platforms, HYCM has a user-friendly and feature-rich platform, MT4, which is popular among traders. They also offer a mobile app that allows me to trade on the go, which is very convenient.

Overall, I think HYCM is a trustworthy broker that offers excellent customer support, educational resources, and trading platforms. While their asset selection may not be as extensive as some other brokers, I believe their strong points more than make up for it. If you're looking for a reliable broker that values customer service and education, HYCM could be an excellent choice for you.