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I opened an account at HYCM and put $50 initial deposit. When I first started trading with HYCM, everything was fine. But, about a week after, they started inflating the trade value from 10 to 30 pips in the wrong direction, which made me lose a lot of money. When I first reported the problem, they told me they would investigate it. But, they did not give me any return at all. I'm so disappointed with their service. Because of this terrible platform, I stopped trading with them and I'm looking for a broker who has a good and trusted platform.
Unlike their demo account, the platform at HYCM when using a real account is shaky. It often lags which ruins my trading activities. It is very disappointing because when I was trading using the demo account, everything was smooth. But now that I am on a real account and am risking my own money, the platform is terrible.
I've came to trading when I was student and my first brokerage was unregulated company... I got my first 2 withdrawals (around $300 total), but my $700 withdrawal was scammed and I didn't get my money at all. So choose only regulated brokers like this. Yes, conditons aren't so tasty, but There's no such thing as a free lunch
My main problem with HYCM is their trading platform. They said that their trading tools and platforms are of good quality but after opening an account with them and trading for a while, their claims deemed untrue. I have experienced a lot of slippages which resulted to huge losses. The platform would also lag and freeze often and when it returns to working again, I have already lost so much. I tried to report this issue number of times but I was ignored.
I just receved the 50 euros