HYCMReviews 195

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.

There is a good company for those who prefer to trade with a regulated broker. You won't find any crazy bonuses here. Because again, this is a multi-regulated company, not a shell one. But you can find here tight spreads, many assets for trading, and a good support team.

There are a vast number of brokers in the financial markets now. They trade on different markets and platforms, provide a wide range of services, have the capital, and offer leverage.
I personally assess them according to several parameters. The first one is reliability. And HYCM is all right with that. It's a well-regulated broker.
The second one is the choice of assets. It's not bad at HYCM, but I've seen companies with several thousands of assets. And I like that better.
I don't know how you can trade and control risks with such a deposit. Yes, it is good that you can start with only $100. But then what to do with this sum? I'm a man who thinks ahead. And I don't understand how I can grow my deposit without significant risks with such an amount.

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.

I recently downloaded the broker's app. I've read many hycm reviews about it. I want to say that it works fast enough and contains a lot of necessary information. And the functions are perfect for me.
So now I trade from my smartphone and monitor the market all the time. It is very convenient to be notified by HYCM about important events.
By the way, some traders often write in hycm reviews that it is difficult to choose the type of account here. I just remembered while writing a review about this fact.
Yes, indeed, I also encountered some confusion at first. Because the account types at the broker are much different. It is not clear where to trade in the end. Which account is better to choose.
It is good that there is a test that helps to choose the best option. It is really simple and takes into account the main nuances of trading. Depending on what strategy you are following, the account type in HYCM will be chosen. I used the tip and did not miss it.

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.

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.

Like many of my colleagues, I learned about this broker from hycm reviews, which were published on sites, besides, many traders talked about this company on the forums and I noticed really interesting data about raw and fixed spreads, about the fact that you can learn here, about a hassle-free withdrawal of money and other things. And precisely because the smallest details were described there, I thought it was probably written honestly and decided to try it myself soon.
And I'm really glad that I didn't abandon this idea or just doubt it. And I tried it. Because it became a turning point in my work and this led to the fact that my performance in the market increased several times, and I from a trader who is not at all confident in my actions, turned into a real professional (well, or at least approached this) and now I am writing a hycm review myself, so that other traders know that there are high-quality brokerage companies on the market that will definitely meet your expectations and bring profit.

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'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 they 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.

When it comes to choosing brokers, I tend to be very cautious. To be exact, I have a strong phobia of being let down by a new broker. I had such an unpleasant experience several times. Since that time, I prefer to be over cautious. I guess it's much better than to be light-minded.
Once I came across this broker, I was still cautious and critical. Many hycm reviews kept repeating how many years it operates on the market. However, I can admit that there might be a long existing scam. Why not? Fortunately, my fears didn't get grounds.
I couldn't stand hesitation any more and decided to test it. I opened an account with fixed spreads and started trading. The absence of freezes and decent execution relieved my stress. So, I traded for two months. For that period, I tried nearly all available assets. Everything worked well.
Then, I tried withdrawing earnings to my Skrill account. Each time I requested funds to my e-wallet, I received them in an hour. As for bank transfer, I didn't try it because I know that it may take up to a week. I hate waiting. Moreover, is expensive.

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.

The brokerage has been working in the market for a long time, so it totally has a lot of experience :)
And all this has a great impact on the quality of its services. It is very comfortable to trade with a broker, and it becomes noticeable almost immediately after opening an account with it. Trading conditions at the broker are also quite favorable, but I started working with it not because of them.
For a long time I would like to trade with a reliable brokerage that I could trust, and it is exactly the kind of one.

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.

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.