BrokersView
Search
Download
English
Sign In

HYCM

Save
Share
5.6
(102 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
6.4
Trading Platforms
6.4
Support
6.4
Licence Status

Good regulation

CySEC 259/14
FCA 186171
CIMA 1442313
Voluntary Renunciation
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
102 Reviews

Cost 6.4

Platforms 6.4

Deposit & Withdrawal 6.0

Customer Support 6.4

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

102 Reviews

Karl Stromso
1-3 years Cyprus
Love HYCM for their ultra-low spreads and stable work without interruptions.
2024-07-26
Reply
Carlo
1-3 years Malaysia
Well, of course, this broker did not immediately conquer me. There were slippages and requotes at the beginning, but the execution was indeed high-quality, fast and uninterrupted. And I withdraw funds at different intervals, but the money always arrives on time. I personally think that high-quality execution and withdrawal guarantees are enough to ensure a good and comfortable trading.
2024-07-22
Reply
AvaTrade Team
1-3 years Australia
Compared with Oanda, the hycm platform is well done, with welcome bonuses and good management procedures . Compared to the transaction itself, I get more benefits from it, hycm has better usability. In my case, the app works better, so I like it
2024-07-19
Reply
cafedeart
1-3 years Gabon
When registering here, I don’t have too many questions about the brokers. After these people have worked for more than a year, I have no questions about any non-DD brokers. I'm very happy!
2024-07-17
Reply
Nizam
1-3 years India
Some people say that HYCM is not developing, but I disagree. The company still retains the brand, which I really like. There are many competitors in this field, and different people offer different offers. It is easy to be able to do this, but it always works on service, quality and problems. Maybe they don’t work so hard on advertising companies, but Regarding service, it is full marks
2024-07-15
Reply
Ben
1-3 years India
I choose HYCM because I like the conditions they provide, easy-to-understand trading agreements, non-suspended trading terminals, and no withdrawal fees, various trading tools, and I like trading commodities and stocks
2024-07-12
Reply
Mjaro
Over 3 years Vanuatu
I never regret choosing HYCM. I have always been satisfied with the profit. In the past few years of trading, I have successfully set a personal record.I mean wise people work here, just like clockwork, and problems can be immediately professional solve.
2024-07-10
Reply
Carlo
0-6 months Sweden
Good enough. Have both positive and negative moments. I use demo now and study their materials! Now i understand and know more!! Education is the best part!
2024-07-05
Reply
MilanM
1-3 years Russia
I have 2 years experience in live account and half a year in demo. So what can i say is that i didnt face any problem that couldnt be solved with HYCM. I trade currency pairs like USD\EUR and sometimes i like to play with metals. well, spreads are stable, there are no slippages, withdrawals are rather fast (idk maybe im just lucky) - what do you need else. they have very fast help line and they always try to help - sometimes they achieve it. my experience is very positive and i checked everything by myself. i strongly recommend and cannot agree with last opinions for sure.
2024-07-03
Reply
Bruno
7-12 months Cyprus
well done platform, welcome bonuses and good pertnership programm (i earn with it even more than with trading itself). comparing with Oanda, hycm has better usability qualities. as for me app works better, and withdrawals are faster. for greens they have studing materials and so on, i like it and choose hycm.
2024-07-01
Reply

1-10 of 102 comments

Rate and Review

Overall Rating

Cost

Platforms

Deposit & Withdrawal

Customer Support

Your review