HYCMReviews 195

I was choosing my first broker and I was really afraid of being scammed. So, I was looking for some very stable and reliable broker. HYCM is one of them. It operates since 1970s and it sticks to the high standards as trading community put it. So, I did the right choice because now I can concentrate on my learning instead of thinking about broker's reliability.

I have been working with HYCM for a little over a year now and i really wish i had started with them earlier. I used to trade indices and commodities, trades are executed cleanly and without slippage, recently advised my friend who is also happy about it. The company is very optimal both for beginners and experienced traders. The broker's strong point is good spreads and adequate technical support staff. Everyone looks for a broker for his/her own tasks, I can say this - here are excellent conditions for independent trading!

I trade on a joint account here alongside my friend. The broker allows opening such accounts and it was the main reason to choose this broker. We both test different strategies here and share profits.

The company started its business activety in 1970s and still holds trading community loyal to itself. It means that that is the broker which is definetely worth trusting. What I like the most is that there are so many financial instruments that their clients can use in their trading.

As a rule, I trade different assets with different brokers. It's a very suitable approach for me. With some brokers I trade stocks only, while I use other brokerage companies to open trades on mino pairs, for example. Thus, I diversify my capital and at the same time I don't overload trading platforms with too many charts. On each platform with each broker I have just a few charts I work with. It helps me not to get lost.
So, I chose this broker to trade metals such as gold, silver, and palladium and major currency pairs. I made a decision to open a trading account here after I learned that it's regulated and boasts an enormous experience - more than than forty years.

One of the key thing which makes my work with hycm pleasant is the fact that it is a highly regulatd brokerage with consistent positive reputation in the trading community. It is really important to know that whatever happens, this broker will never let you down.

The traders who work with this broker have lots of trading opportunities like stocks, cryptos, indicies, commodities and so on. Not all of the brokers nowadays can boast such huge number of available assets. More often than not, the brokers which work with forex, don't have access to cryptos, despite of the fact that this financial instrument is extremely promising nowadays.

HYCM broker offers to choose among three types of accounts, the conditions can be found in the table on the broker's site. There are quite low spreads, small commissions and the size is fixed at four dollars. There are additional features for each account, which is what attracted my attention to this intermediary.

If we start talking about HYCM reviews, then one of the first things is the company's experience in the financial world. People value experience and professionalism. Therefore, many brokers choose HYCM. In addition, there are Metatrader trading platforms. 4 and 5. Trading Forex and stocks has become more accessible and the minimum deposit is only $ 100.

I believe that most of the traders who are in the search for the new broker ask themselves whether they can confide their money into this or that brokerage. I believe that it is the most important question that you should ask yourself in order to be safe.
HYCM is one of the oldest brokers which is regulated by numerous third-party organisations. As for me, the problem of safety is the most important one because is the broker is a scam, then you will definetely lose your deposit irrespectively of your trading skills.
As for the trading conditions, there are several types of account which differ from each other by the spreads and special features, so, I believe that everyone can find something for themselves.

I decided to open a Fixed account with this broker because it suited me. It feels like it's a typical ECN account but under another name. I usually open ECN accounts because they are universal. They are equally good for long-term trading and scalping due to tight spreads.

On the good side, the team of this broker showed itself at the very beginning, as soon as it came to them. I had difficulty with replenishment. It was my mistake, but I myself could not figure it out. I knocked on support and received an answer surprisingly quickly. The chat manager got involved in my problem and quickly figured out what I needed. He gave a simple algorithm and the money was spent. Even then I started to like them) So far they have not disappointed, for which thanks. Professionals in their field.

This broker is for those who put reliability first and is ready to neglect anything else including bonus, exclusive features and very small minimum deposits. This broker can't offer anything special but it's regulated and has gained a good reputation for 40 years of working in the industry. Metatraders and a standard choice of assets but that's enough to earn steadily.

I recently started working with this broker and want to provide some hycm reviews.
It became interesting for me to trade here because the HYCM broker is part of the well-known financial holding Henyep Group. This company has been operating since 1977 and has many clients around the world. This is a good indicator because the company is still operating successfully. HYCM Forex broker has been providing CFD trading services since 2000. And what are the advantages here...
There is a really large selection of trading assets:
- Currency pairs (but not some exotic ones)
- Company shares
- Indices
- Cryptocurrencies
- Commodities
- ETF (very popular now)
You can trade using the MetaTrader trading software. MT4 and MT5.
You can also choose fixed spreads for trading. But many people choose floating spreads or a raw spreads account.
The disadvantage for traders from all over the world is that it does not accept clients from: USA, Canada, Hong Kong, Japan, France and some other countries.
HYCM Limited is registered in Saint Vincent and the Grenadines. But the good thing is that there is CySEC regulation and clients' money is kept in first-tier banks.
A good broker, but at first it is difficult to understand the best way to trade and which account to choose.

Great company. I would like to give it a plus just for allowing users to use Metatrader 5 for trading. I've read a thousand times that the fourth version is much better. But to each his own. I, for example, like the extra features of MT5, such as more timeframes and a greater variety of orders.
I opened a Fixed account a year ago with $100 minimum deposit.
Now I have more than $1000 in my trading account. In half a year I expect to double this amount.

Having worked with this broker for a long time I can express mu opinion. I started, like most of us, with a standard account. Have now switched to fixed spreads because the market is unpredictable right now. News can destroy the quotes of my favorites at any moment.
Switched to another type of account without any problems. The support service helped to get used to the new service package. By the way, HYCM offers a wide variety of stocks to trade. I chose this option, because for me it is the most reliable financial instrument, proven over the years.
Remember that I was finally convinced because of the international registration. IMHO, reliability is an important feature of any financial institution.

To be honest, I read about this company before. Back then I couldn't even think that I would cooperate with them. Why not.? Good question! HYCM is a known broker with a nice reputation. I guess that's because I was all into crypto back then.
High quality available trading platforms. I first traded MT4 and now I trade MT5. There are more possibilities and I think that you will agree with me. I trade in stocks. I really enjoy doing so!

I have been investing in the company for about a year already. I will not hide - there were unsuccessful investments, but there were also profitable ones. Recently, there are many interesting moments on which you can learn. Especially in a situation of an impending crisis, well, the coronavirus also played a role. The markets shook, but for a trader, the best conditions to earn is a crisis))

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 like the fact that HYCM provides normal trading conditions! My ex-broker is a complete nightmare. I could not trade normally. There were huge slippages. I am very glad that HYCM has no such slippage. Now I hardly notice him. You know that slippage and large spreads are painful for all traders. We can say that HYCM is the doctor who relieved the pain! Can I say that? I think so, because it's true. There are really low spreads! Those who trade here are already convinced of this! And I was convinced too.!
I am not sure about my life in many ways. But I am sure that I will definitely trade with the HYCM broker!))