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HYCM
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Score
Business Scope
0.0
Trading Cost
6.1
Trading Platforms
6.1
Support
6.1
Licence Status
Good regulation
A
CySEC 259/14
A A A
FCA 186171
B
CIMA 1442313
Authorised
Authorised
Authorised
Contact
Bernhard Krebs
I like the daily analysis news feed provided by the broker, which is very helpful for trading.
mannan
Good performance, no lagging platform, acceptable trading conditions, in general, I haven’t found any special problems.
Heinrich
hycm is not bad, mt4 is stable and works well, I also use them to trade with cryptocurrency through cfd currency, in this case, I'm very satisfied with their work.
AdminDailyforex
There are too many quotations, they do not allow you to use EA, sell stop/buy stop loss, and the server is too busy during the data time. They also tend to change your profitable order to a loss, so be careful when editing closed orders!
saman
I think HYCM is one of the biggest forex scammers. They refused to send my profits, instead they sent me some virtual wire transfers. My bank told me that this kind of wire transfer information doesn't exist. Now they neither answer my calls nor return my emails.
Joshua Faris
It is convenient to recharge and withdraw money. A variety of terminals, the performance is normal, there are no malfunctions and freezes. I have no doubt to execute quickly. I feel lucky for HYCM. It is very comfortable to work.
Account Type
7.1
Good
fixed and variable supported
Features
Trading Platforms
MT4,
MT5
Min Deposit
100.0 USD
Max Leverage 1 : 500
Min Trade Volume
0.01 Lots
Stop Out Level 20%
Commission
0 USD
Spread Type
Variable Spread
Account Currencies
CAD,
RUB,
GBP,
EUR,
USD,
AED
Trading Instruments
Precious Metals,
Forex/Currencies (MT4),
Cryptocurrencies,
Stocks/Equities,
Indices,
Energies,
Precious Metals,
Commodities,
Forex/Currencies (MT5)
EA
Hedging
Scalping
NBP
Islamic
Deposit and Withdrawal
6.0
Average
No deposit and withdrawal fee
Features
Company and Service
8.2
Very Good
Long established and many branch offices
Features
Profile
Headquarters Address
18 King William Street
London, EC4N 7BP
United Kingdom
Founded 1977
Broker Type
ECN,
MM/DD
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Windows,
iOS,
Android,
Webtrader
MT5
Windows,
iOS,
Android,
Webtrader
Contact
No Data
Others
Website Language
Arabic,
Chinese(Simplified),
Chinese(Traditional),
Czech,
English,
French,
German,
Italian,
Persian,
Polish,
Russian,
Spanish,
Swedish,
Vietnamese
Customer Service By
Email,
Live Chat,
CallBack,
Facebook,
Twitter,
Instagram,
LinkedIn,
Youtube,
Crunchbase
Supported Language
Arabic,
Chinese(Simplified),
Chinese(Traditional),
Czech,
English,
French,
German,
Italian,
Persian,
Polish,
Russian,
Spanish,
Swedish,
Vietnamese
Broker News
HYCM Europe Voluntarily Surrenders CIF License and Ceases Services for EU Clients
2024-03-29
The European subsidiary will no longer accept new clients or open new accounts for individuals from EU countries.
Sep 18-22, 2023 Q&A Weekly Review - What's Asked This Week?
2023-09-22
Stay ahead in the game of trading with BrokersView's "Q&A Weekly Review" from Sep 18-22, 2023! Subscribe now to get the latest regulatory status and trading details of brokers.
HYCM: What Do Consumers Say about it?
2023-08-29
In this article, let's take a look at user reviews for HYCM, which may help you in choosing a broker.
Overall Score
5.6
79 Reviews
Cost 6.1
Platforms 6.1
Deposit & Withdrawal 6.0
Customer Support 6.1
Indicates the average level of Brokers
Keywords for selection
Advanced Trading Platform
Fast Deposit/Withdrawal
Fast Execution
Good/Professional Customer Support
No Slippage
Non-Responsive Customer Support
Powerful Tools
Trading Assets
Trading Conditions
Unstable Server Connection
Deposit/Withdrawal Problems
Requote Problem
Reliable & Reputable
Promotions / Bonus
Slippage Problems
79 Reviews
Sort by
Dai Vu
I have not found other reliable brokers with similar trading conditions and better reviews, so that's why I am here. I don't recommend that you stick to fixed spreads, they are unfavorable, but in terms of spreads, the rest of the accounts are really good. it is a reliable broker regulated by CySEC and FCA, so you don’t have to worry about the safety of funds. Take care of it-the execution speed is fast enough to avoid slippage and troubles like my suggestion!
10 hours ago
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Rupesh
I was attracted by a wide range of trading instruments, it seems to me such a diverse choice as there is simply nowhere. tested the terminal day and night and made sure that the execution of transactions are excellent at any time. decided to stay here to trade only, but I also wanted to open in another company so I chose hycm.
2024-05-15
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Sergei Solovev
they are very professional, responsible and reputed.
2024-05-13
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WASAY
New to forex, trading on demo thinking to open mini account with hymarkets only 50 usd
2024-05-11
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FXEnjoyment
Testing mini account ATM thinking to move to PRO- I like the fact that they are regulated, problems solving quickly.
2024-05-10
Reply
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George Banwill
Opened an account with HYM 3 years ago, have no issues. Fast execution, tight spreads good customer service.
2024-05-07
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David Russel
Didn't notice any delays or disconnections to the platform (working via MT4, EU server). Can't actually imagine, how can any1 have delays during market execution.
2024-04-29
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Graham Hall
HY Markets is FCA regulated - I trust this British institution. I was amused to learn that HY Markets has been operating for almost 30 years. To start with the easy account open process should be mentioned. I had no problems with it. It took less than 10 minutes from the moment I entered the broker's website to the moment when I started trading. Its banking infrastructure is well-advised that is why order execution is fast and simple. There are no commissions but there is free practice account rendering assistance in understanding the web-site and the features the broker offers.
2024-04-26
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Dimitrie
This broker open the spread for roll over at in major pairs over 14 Pips and more for some minutes. so be very, very careful to trust this broker when you trade in this time
2024-04-22
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yah
Been waiting a few min for customer support manager to answer me, so its not that quick, my question was still solved, so I m quite pleased
2024-04-19
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Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.