HYCM reviews

HYCM_logo HYCM 7/10 (votes 12828)

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


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

Opeska trader
review HYCM
07-07-21

There's nothing new with HYCM broker. It took a huge time to open an account, extremely slow, and it took over five days to actually get the account opened. When I start trading with them, their platform went down most of the time. Another main trouble is the big spread. I cannot see the price rates and the trading charts sometimes hangs.

James trader
review HYCM
01-07-21

Their trading platform is the worst trading I've ever trade with. They don't provide good services for the clients. Last week I got loss $420 in single trade due to their delayed execution. I have called their support but they simply ignore me. I am not happy with this broker at all. They are a horrible broker so far I can say. Stay away from them.

Rechel trader
review HYCM
20-05-21

Hello, I started an account at HYCM four months ago. I have lost my access from my account for a month already. I reported this issue to all their communication platform but I get no response. I am worried that I won't be getting back my account and money anymore.

Jason trader
review HYCM
07-10-20

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.

Alwilda trader
review HYCM
03-09-20

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.

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