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50 customer reviews of hycm.com

Modern conditions
In fact, when I first got interested in trading, I thought that this is definitely a bad idea, because I found a lot of sad stories about people losing money here and it is very difficult, etc. But in the end, my curiosity turned out to be greater than my fear and I decided to give it a try. I read hycm reviews, in order to better prepare for work with this broker, I wanted to know how and what I can use in my work on an ongoing basis.
But in practice it turned out that everything is better to use gradually. And you should definitely check everything that attracts your attention. Because even the safest format can be unprofitable if you intentionally increase risks.
And I would also like to advise you to pay attention to calculators! This became a real discovery for me, because I did not think that today it is possible to somehow more easily deal with the calculations. And for me this is a really difficult because of swaps. This tool is really useful, so if you haven't tried it yet, be sure to try it.

Hycm
I like that in this company you can realise your potential, even if you don't know anything about the market yet.
This is because the company does not offer passive approaches, for one thing. Secondly, there are many regulated instruments that allow you to use technical analysis or news analysis, and if you're really new to this, you can start with some demos for a quick look around and to understand exactly where you want to go from here.
Also there is no limit for the initial deposit sums - you can start with a minimum amount, just to check the withdrawal procedure.
One more thing, all types of spreads are available - pick the one you like.

My best decision
I've heard about the broker from the advertisement and realized that it was what I was looking for. Usually, the ads are full of crap. But the trading conditions here were excellent. So, I've registered and opened a live account. I'm delighted with their low deposit amount. Because I have to pay only $100.
There are both MT4 and MT5 platforms here. So traders can choose what HYCM like and what suits them best.
For example, I prefer to trade in MT4, the old-fashioned way. This is the terminal I have learned to trade on. It is very familiar and understandable to me. I know every button here. And MT5 is kind of alien to me. I still haven't dared to try it in trading. Maybe I'm really missing some profitable opportunities. I don't know.
As for trading at the company, I'm satisfied with everything. I'm confident with the quick withdrawal of funds. The support service also answers quickly and helps to solve problems. I'm happy.

I improved my performance...
Working with a broker turned out to be not only pleasant, but also quite profitable. Due to the broker's good trading conditions and of course my personal achievements (lol :p) , I improved my performance a little.
So I'm even a little proud of myself, but it seems to me that I couldn't have achieved such good results on my own.
So, in general, I'm satisfied that I chose this brokerage, it fully justified the trust, and the money that I invested in it)

Full range of brokerage services.
Although HYCM does not support several exotic instruments in the MT4 terminal (which I like the most), the overall range of assets is more than enough for profitable trading in the long run. One of the biggest advantages for many traders is the choice of account types without rising requirements for the initial deposit. Slippages are rare.
I was surprised with the level of service delivered by the support team. HYCM answer any question with a detailed explanation, no need to read dozens of texts to understand important things.
Look at the number of countries HYCM operates in, as well as the number of media appearances!
SInce I use different trading strategies depending on the asset class, market volatility and the volume of trading, I appreciate the ability of choosing the leverage. Of course, many HYCM reviews say that regulatory requirements of different branches matter, but what if I trade on behalf of an international pool of investors? Why should I insist on putting all of them into one jurisdiction? I'd better take advantage of different trading conditions provided by one broker.

I'm glad everything is fine
I have always wanted to work on the stock exchange and make good money.
And I'm really lucky that I ended up in HYCM right away, because not everyone is really so lucky. And I certainly escaped the frustrations of terrible service or something.
But there is one thing that especially impresses me here - of course, webinars. Yes, HYCM don't happen very often, but they are always so interesting. I really like it. I always learn something new!

Should you trade with HYCM brokerage company?
First of all, I want to say that I do not consider myself a professional trader. I have a family business - a restaurant outside the city. I have no financial problems or desire to make money, but I am interested in trading on the market. I enjoy trying different trading strategies and systems. For me, this is a hobby and a good activity for the brain, ahah))
I found out about HYCM a few years ago when there was a huge spike in Bitcoin prices. Then I was wondering what it is and why it is growing. After that, I bought one bitcoin and watched its growth. Of course, I missed the very peak, as I was busy with my own business. Therefore, I did not make as much money as possible, but 300% was a good profit. I bought bitcoin for eight thousand dollars and sold it for twenty-four thousand.
By the way, Bitcoin's further growth is now predicted, but I don't buy it. I'm just interested in watching the crypto growth trend :) With regards to HYCM.
I talked with different traders, both beginners and professionals. Everyone spoke positively about the broker, as HYCM has earned a good reputation over the years.
Of course, the broker only has two trading platforms - MT4/MT5. But, this does not prevent users from staying and trading with this broker further.
There are good conditions for making money here - low spreads and minimal transaction fees. Also, there is no slippage.
I believe that HYCM is a noteworthy broker and will only gain popularity soon. I wish everyone successful trades!)

I already like it
I just recently started working with this brokerage, but I already like it. It's not difficult to work with it, I haven't had any complications in trading so far. It's cool that there are 3 trading accounts with different trading conditions. At first I opened a Classic account, but then I realized that even if Raw account has commission, spreads here are much more profitable. So now I trade on Raw account and I'm satisfied with its trading conditions.

This broker suits me well
When making a decision to join this broker, I was mainly motivated by the company's reputation. I learned that it operates on the market since 1977. I opened a Raw account deposited $300 and traded for two weeks. My test proved the reputation of the company. I enjoyed their execution and how fast their manager processed my withdrawal request.

Each person starts his own way.
And it has certain problems and difficulties at first, and unfortunately not everyone can cope with it. And that's okay. But if you are still interested in making things work out well and you want to understand the mechanisms of the market, then I will definitely recommend this company to you.
1) Low spreads.
2) Small commissions.
3) Quality customer service.
4) Instant withdrawal.
5) A wide variety of tools for technical market analysis.

New experience
Recently I wanted to try something new and unusual for me. And then I decided to try raw spreads. And you know what? It's just a very interesting experience. It turned out that 1. It motivates to work faster, 2. It is financially beneficial, 3. It suits me. So I am very glad that I experimented and found a profitable format for only $4 per trading session!

As of now I'm satisfied
If you are looking for tasty bonus promotions, this broker isn't for you. Instead, it has another strong side. It's reliability. Since 1977, the company has gained a very rich experience in this field. Scam projects never exist for such a long term. As a rule, HYCM immediately close once they manage to fool enough folks to start once again under another name. The broker has been operating on the market for more than 40 years. It doesn't necessarily mean that you will automatically earn a lot with this company. You may lose as with any other broker. However, with a reputable one, you have better chances to succeed in this complicated and challenging field.

It never lets me down
I'm so glad to work with this broker and I'm not going to quit it in the future. It boasts the quality I appreciate best of all - reliability. You know that today not all brokers are reliable. Some of them have liquidity issues and it results in a troublesome and exhausting trading process. I don't face that stuff with this broker because it's well-regulated and has a 40-year experience in the industry.
The broker always allows me to enter the market at the desired price without trying to cheat me. I highly value it and it makes me want to keep trading with this company.

A reliable MT-oriented broker
Comparing brokerage services seems to be a daunting task even if you are an experienced trader. Today many brokers come up with nearly the same services. Many of them offer the same trading terminals, such as Metatrader 5 and Metatrader 4. In the number of available payment methods, you can see greater difference. So, how should we choose brokers for trading?
Having studied numerous articles online and tried many brokers, I can say that there are only two things that really matter. These are reliability and deposit/withdrawal. If everything is OK with these two points, you can trust this particular broker.
Before I decided to stick with this brokerage service, I looked through many hycm reviews but I found many of them controversial. So, I decided to test this broker omitting some procedures that might seem obligatory. For example, I didn't open a demo account with HYCM because I think it's 100% pointless because it will show the same you may see with other brokers.
I deposited $100 (their minimum deposit), traded for a month, and made a series of withdrawals with different payment methods. So, I can say that I'm satisfied with the execution speed and how my withdrawal requests are handled by their managers. It makes me want to continue my collaboration with the broker.

I'm lucky to have joined HYCM LTD (St. Vincent)
My experience with this broker is very positive. I simply followed hycm reviews and registered with this company. It's no wonder about it because I joined one of the first brokers in the industry. It automatically excludes the likelihood of being a scam and I think you would agree with this fact.
By the way, in spite of the whole trustworthiness of this brokerage company, I should note that there's a great deal of luck in my acquaintance with this broker. My experience with this company could be not so shiny if I joined another branch of this broker.
I joined HYCM LTD (St. Vincent) because my place of residence allows me to do. This branch allows to trade Forex instruments with 1:500 leverage. It's a very crucial nuance for me. But there are European branches of this broker such as HYCM (Europe) Ltd (CySEC) and Henyep Capital Markets (UK) Ltd (FCA) that don't allow to trade FX instruments with such leverage. Instead, you can count on 1:30. So, I just want to warn you, guys if you live in the EU and this may happen. Nevertheless, I think that it makes sense to trade with this broker even with that EU regulation restriction because it's a reliable partner and that restriction can be compensated by a different trading approach.

I chose it for reliability
Today, it's getting more difficult to choose a reliable broker. It's because a great number of brokers have emerged for the last time. Many of them seem typical. It's probably because fierce competition makes them do the same things. So, it's no wonder HYCM provide the same stuff. Nearly every broker today offers ecn, fixed accounts, bonuses, etc. Many brokers lower their minimum deposits to attract more customers.
However, amid this thriving abundance of trading services, we often forget about reliability.
The matter is that reliable brokers don't attract much attention. They don't offer bonuses and their minimum deposits have reasonable sizes. Newbies don't think that those brokers who offer too many bonuses may have problems with regulation and therefore with liquidity. In turn, liquidity issues result in problematic execution.
My experience gave me this knowledge, so I try to choose only trustworthy brokers.
I discovered this broker via hycm reviews. The very fact that it has a very large experience of working in the industry encouraged me to sign up.
I like to trade with the broker. I appreciate its execution and its attitude to me. That gives me confidence in the broker.

Different types of spreads are the best thing that could have happened...
I never really took it seriously.
I always thought it was just commissions and that's it - who cares if it's fixed or whatever.
But now that I have tried different formats, I know for sure that it really makes sense and it can really make a big difference in the bottom line and you should definitely try it to draw conclusions and choose for you what will provide your comfort in the market and lead to more stable results.
So if you haven't tried fixed spreads or raw spreads here for example - by all means try it - because it can take your performance to a whole new level - that's for sure.

There are some nice features.
At first glance, a broker doesn't really stand out with any special features, I don't know what to call it better. But when I started working with it, I realized that it doesn't stand out not because of the common ones.
This broker has a regulator, which means your deposit will be safe. Another strong side of the broker is that the orders are executed with high quality and with minimal slippage.
It seems to me that the broker can boast of these conditions due to the big history of the company, during which the broker has qualitatively improved its trading conditions and quality of its services. So now it is that broker, with whose you are happy and you want to work. And this is what I plan to do further)

Opting for an old-school broker
I decided to stick with HYCM because I place reliability first. Well, the first thing that comes to my mind when I learn that HYCM was started in 1977 is that it's a veteran of the brokerage industry. If this company has been operating on the market since that time, it must be well-regulated and it's true. HYCM is regulated by CySEC, CIMA, DFSA, and FCA.
As an old-school broker, HYCM doesn't offer any custom-made trading solutions unlike younger brokerage services do. So, if you want to use something modern, sleek, and extremely intuitive such as cTrader, you can certainly look for alternatives. As for me, I favor tried and tested terminals – MT4 and MT5 – that's what you get with HYCM.
The broker doesn't provide the richest choice of assets. However, here you can find the most popular financial instruments. That's enough to trade profitably. For example, you can trade up to 40 currency pairs, indices, metals, ETF, cryptos.
I favor the tightest spreads, so I chose a Raw trading account with spreads starting at 0,2 pips.

We have to be decisive
Once you think about what you already know about the market, there's a good chance that you'll stop seeing achievements. Because the market is the most agile and complex structure, and you always have to be prepared for the situation to change drastically.
I am happy that modern companies offer enough services so that you can get used to faster. For example, there are two trading terminals to choose from, and MT4 and MT5 are wide functionality and tools for algorithms.
For example, there are also forex calculators, which allow you to quickly calculate the order size, estimate the free margin, etc. And it is really convenient.

Objectively good conditions
In fact, even when I read the hycm reviews and liked them, I still didn't fully realize what was waiting for me and what the conditions would actually be. We all know that people tend to exaggerate, especially when it's practically an advertisement for a brokerage company. But I was surprised that in practice it was even better than I thought, because here I found opportunities to test the market and all sorts of strategies. And that was really valuable to me.
And I liked very much the fact that here there are raw spreads, which allow you, with less than $5 commission, to work actively and try even those assets that you have avoided for various reasons before.

You have to work.
In the market you should not count on any good coincidence of circumstances or on the fact that you can duplicate someone's actions and get excellent profits. The market is a place that requires knowledge, observation, attention, awareness and many other parameters. And this needs to be understood from day one in this business.
A company here can also be a help or an obstacle. And I, for example, believe that this company is the best thing that happened to me. Because here I learned to work independently, here I found a good theoretical knowledge base for beginners, here I was able to experiment with spreads and chose the best ones (raw), so I'm absolutely satisfied and hope that soon I will be able to boast of some major achievements.

Reliable brokerage with some advantages
Before trading with this brokerage I've read a lot of HYCM reviews and almost all of them were positive, so that determined the fact I decided to trade with this company. I can't say that I can agree with all points that I've read in reviews, but will move step-by-step.
1. Legal info. Brokerage is fair with its clients, there's no shady places if we're talking about its legal information. You can find any details on their website and its Terms and conditions are quite fair. There's no 'weak places' that would allow brokerage to manipulate you somehow. Everything is written detailed, without strange points like 'The broker is not responsible for client accounts'. Almost all reviewers are ignoring legal info, but that's of first importance when you're choosing brokerage.
2. Regulation - brokerage is fully regulated, FCA and CySEC, everything is very well in this regard. They're 2 most popular and trusted European regulators, nuff said.
3. Trading platforms: Metatarader 4/Metatrader 5, nothing special. Some reviewers are so excited with MT5, but I see almost no differences compared to MT4.
4. Spreads. There are 3 account types, I've tried only ECN. Nothing special as well, spreads are tight, around 1.2 pips for my Forex portfolio.

I followed a good advice and joined this broker
I didn't regret that I opened a trading account with this brokerage service. I had been somehow overlooking this company for a long time, despite its 40-year experience in the industry. Nevertheless, I joined it and I saw with my own eyes that I can rely on it.
The execution is very good. I didn't notice any attempts to manipulate prices on the part of the brokerage service. Perhaps, you heard many such stories. Here I didn't have a negative experience, although it would be strange to face anything like that with such a reputable broker.
I trade on a Raw account here because it offers very tight spreads. I don't know why it's called the Raw account, but it's an ECN account indeed. HYCM also charge a fee for their tight spreads that points to the ECN account.
The broker doesn't bother me with bonus promotions because it doesn't give any. I never rely on bonuses because I don't want to face typical restrictions associated with bonuses.

I always trust veteran brokers
I can characterize myself as a very conservative broker. So, I stay away from young brokerage companies because I don't find them reliable enough. Moreover, I had several unpleasant experiences with young unregulated brokerage companies.
This broker is one of the oldest in the industry and it's well-regulated. It doesn't offer a lot of exclusive features but it's reliable and that's the most crucial thing for me.

One of the best brokers
This broker stands out from the rest and I can even call him one of the best. There are several reasons why I think so.
First, it's a good reputation. It is true that HYCM has a very good reputation. I can even say that this broker is on the list of the best brokers and numerous ratings and reviews confirm it. The reputation is actually very important, although some traders do not consider it to be anything significant. However, good financial companies, including brokers, are working on their reputation. I have monitored the representation of HYCM in the media and I can say that in general, this broker is positively represented.
The second one is the serious regulations, including FCA and CySEC. This means that this broker not only has a "tick", but also offers trading in a fully legal field. This means that in case you have any problems or discrepancies with the broker, you can always contact the regulator to settle your dispute.
Last but not least, it is of course the trading conditions. The minimum deposit is only $100, and the spreads are tight enough, especially considering everything written above

I'm quite satisfied with this brokerage service
That's so good that I trade with this respected brokerage service. I opened a Fixed account here and I like how my orders are handled by the company. You know that it's very convenient to trade without freezes and constant requotes. Fixed spreads on this account are another good thing. HYCM enable me to trade without restrictions typical to floating spreads. I mean their tendency to widen thus responding to increased volatility.

I did not notice anything bad
I did not notice anything bad or special, the spread is adequate, slippage and requotes are minimal, the platform works 99% stably, yes, there are problems, but where are HYCM not? Even the home Internet sometimes dulls and disappears. I forgot to mention the support, which is great here. In general, it is not difficult to make a choice in the direction of the company, I have been trading here for several years.

I got interested in this company by accident
Well probably like all people I paid attention to the fact that it works for several decades.
But in practice I also appreciated the other advantages of this company, and in particular I really liked the webinars, because HYCM explain not only the theory or strategies, but also some specific nuances, which can be applied in practice. It helps.

I have adapted to trading and its laws for a long time.
For me trading was a completely new business, which required a lot of effort and time. I had to learn everything from scratch and constantly appear in some new situations and I was forced find a way to resolve arising issues.
In fact, it seems that I coped with it and this company played significant role in my growing up as a trader. Of course, I also did well, but company provided me ground to lean on.
I constantly read the educational materials and watch their webinars, which help me to see many things in practice and further apply them in my trading.
That's why I periodically withdraw funds and I'm m satisfied with how my trading is progressing, how I would become better.

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HYCM Rating

Based on 50 reviews from HYCM customers, company has accumulated an average rating of 4 stars, indicating that majority of customers are satisfied with its service.
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