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HYCM

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5.6
(86 Reviews)

Founded: 1977 Min Deposit: 100 USD

Headquarters: England, United Kingdom Max Lev: 1 : 500

Risk Level I

The Securities Commission Malaysia (SC) Issued a Warning Against HYCM

Score
Business Scope
0.0
Trading Cost
6.3
Trading Platforms
6.3
Support
6.3
Licence Status

Good regulation

CySEC 259/14
FCA 186171
CIMA 1442313
Authorised
Authorised
Authorised
Contact
+44 2088167812
support@hycm.com
Strict Regulation
Negative Balance Protection
Multilingual Support
Multi-regulation
Low Minimum Deposit
Long-established
Islamic Account
Multiple Trading Instruments
Bernhard Krebs
2022-11-18
I like the daily analysis news feed provided by the broker, which is very helpful for trading.
mannan
2022-10-11
Good performance, no lagging platform, acceptable trading conditions, in general, I haven’t found any special problems.
Heinrich
2022-10-24
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
2022-08-07
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
2022-11-02
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
2023-06-28
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.

Deposit and Withdrawal

6.0

Average

No deposit and withdrawal fee

Features

Fast Deposit
Fast Withdrawal

See more
See more

Company and Service

8.2

Very Good

Long established and many branch offices

Features

Long-established
Multilingual Support
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

Related Complaints

Q&A

Overall Score

5.6
86 Reviews

Cost 6.3

Platforms 6.3

Deposit & Withdrawal 6.0

Customer Support 6.3

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

86 Reviews

ALPIPO
1-3 years Canada
they are trustworthy people and i am satisfied about their financial services
2024-06-12
Reply
Maria Isabel CN
7-12 months Indonesia
i'll be the first and i want to say THANKS to HYCM because ive had a good start with them. they have CFD for bitcoins and what is more cool there are no slippages. anyway, my experience is rather good so i strongly recommend it
2024-06-03
Reply
Nishkalanka FX
0-6 months Indonesia
They work well, good financial instruments, low minimal deposit, signals and cfd, good leverage - everything makes me very satisfied.
2024-05-29
Reply
Arisha
1-3 years Netherlands
It is convenient to trade here, it uses a classic terminal, spreads are low, there are managers who can answer any questions, and there are also calculators for correct calculations...
2024-05-27
Reply
Con Spiros
0-6 months Chile
I started using it it was very easy in like 5 minutes or something anyway I opened a $50 account and now I can use 2 Trading Platforms and I can trade Forex and Stocks and oil etc. all using one company. I was using 3 companies to trade with, anyway the Customer Support was great and I even got free money to trade with because I got a friend to sign up.
2024-05-24
Reply
Oscar Poyatos
7-12 months Laos
This is a reliable partner. I can't say much more I guess. Once you register, take into consideration they've got 3 different account types. If you don't know yourself which commissions approach to choose, then take a test that is there on the website.
2024-05-22
Reply
harry hope
Over 3 years Germany
Hi, i am very pleased with HYCM as a broker. Their online help is always responsive and is very easy to navigate through their site. Not only that, but I also managed to go through the verification process easily. And with drawing my money is easy and not to mention very fast.
2024-05-20
Reply
Dai Vu
1-3 years Luxembourg
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!
2024-05-17
Reply
Rupesh
7-12 months Hungary
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
Reply
Sergei Solovev
1-3 years Finland
they are very professional, responsible and reputed.
2024-05-13
Reply

1-10 of 86 comments

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