Statistics of HYCM votes

HYCM reviews

HYCM_logo HYCM 7/10 (votes 12683)

On-line since: 1999
Country of origin: United Kingdom
Regulation: FCA (UK), 186171
Payment options: Credit/debit cards, PayPal, Skrill (Moneybookers), WebMoney, Wire transfer
Minimum account size: $50
Minimum lot size: 0.02 lot
Leverage: 1:200
Spreads:1.8 pips on EUR/USD

Website: www.hycm.com

HYCM is based in London; and is one of the subdivisions of Hynaer Group- a large conglomerate, the activity of which covers offering financial services, charity work and education.
The group is successfully in business for more than 30 years and provides its clients a direct and fast access to trading at financial markets across the world.

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Comments about broker

Tiwa trader
review HYCM
30-05-17

I have had a great experience trading with HYCM, I opened my account with this broker 7 months ago, and validated my account within 24 hours of opening the account, I have so far made some profits on the platform, last week I withdrew $500 from my account through wire transfer with no issues at all. I recommend this broker.

CaliforniaFx trader
review HYCM
26-04-17

I was a client of HYCM till last week when I closed the account after waiting for approval to withdraw my funds for 2 weeks. I traded 3 months with this broker and was going really the first month. I had a Micro trading account with a deposit of 100$. This first deposit was lost in about 2 weeks of trading because the platform has delays. For deposit and withdraw I use the same system PayPal. I deposited again 100$ and this time was more like 1 : 1 win-loss. Any way I made a profit 600$ in my 3rd month and when I tried to withdraw I got only 500$, 100$ was hidden commission of the broker. The platform I was trading is HYCM MetaTader 4 has delays, not always but 70% of the time, and also the prices and spreads are crazy during news feed. I trade EUR/USD, USD/CHF, USD/JPY and also exotic pair USD/DKK. I had negative slippage, and position closed during the night. The trading conditions were very bad, I called support team and they said is nothing to do to help me. Very bad services.

Ron trader
review HYCM
28-03-17

trading with HYCM only give me bad experience in trading. When I’m open account with them it took 3 days to validate my document and then I made some deposit around 50 USD it took 4 days for them to credited into my trading account and I can’t start trading because of this slow process. Leverage that I can set only 1:200 I can only entry for a few position only with limited lot size. Their platform also drive me crazy when it freeze while trading make me loss around 20 USD because I can’t close profit position manually on USDJPY currency. Overall this broker should overcome this problem.

Nicholas trader
review HYCM
15-03-17

I think HYCM is a good broker. I have dealt with them for 2 years and so far never encountered any issues. Metatrader platform by HYCM is well-designed and eased my charting activities unlike the other brokers. Last month, I did requested a withdrawal of $200 through Moneybookers, I don’t have to wait for so long just less than 5 hours I can see money credited into bank account. Good job and well done HYCM. I going to stay trade with them and wish to grow more profit soon!

ijul_88 trader
review HYCM
03-03-17

I've been trying to recover my money for months now, and this are scammers and they should be shut down! Their new scam is to loan you a $50 for every 100k in your accont and then they will auto liquidate you and take it all! I lost a good deal of money in trading with them! I bet they will always take the largest one that will give you the biggest loss!!!

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