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HYCM

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6.9
( 21 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
6.9
Trading Platforms
7.0
Support
7.1
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
2020-11-18
I like the daily analysis news feed provided by the broker, which is very helpful for trading.
mannan
2020-10-11
Good performance, no lagging platform, acceptable trading conditions, in general, I haven’t found any special problems.
Heinrich
2020-10-24
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
2020-08-07
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
2020-11-02
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
2020-06-28
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

7.0

Good

No deposit and withdrawal fee

Features

Fast Deposit
Fast Withdrawal

See more
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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

Overall Score

6.9
21 Reviews

Cost 6.9

Platforms 7.0

Deposit & Withdrawal 7.0

Customer Support 7.1

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

21 Reviews

Fatma M

2021-03-16 7-12 months Fixed Account
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.
Portugal

Abdul Samad

2020-12-11 7-12 months Raw Account
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!
Indonesia

charlesvdw

2020-11-30 Not used yet
I want to learn trading methods, can anyone help?
Spain

Bernhard Krebs

2020-11-18 7-12 months Raw Account
I like the daily analysis news feed provided by the broker, which is very helpful for trading.
Indonesia

FXEnjoyment

2020-11-10 7-12 months Classic Account
HYCM provides a variety of different tools. I chose the metal. The trading result was very successful. Without much experience, I even made some money. The conditions are really good. They can provide bonuses and the withdrawal speed is very good.. I really like this company, thank you again!
Germany

saman

2020-11-02 7-12 months Classic Account
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.
Singapore

Keith

2020-11-02 1-3 years Raw Account
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.
Argentina

Heinrich

2020-10-24 1-3 years Fixed Account
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.
Belize

Deji Akintonde

2020-10-20 0-6 months Raw Account
Most brokerage companies have various loopholes in their contracts to deceive clients. Seriously, there are only a handful of honest brokerage companies. This included HYCM. I opened an account in it almost immediately, then I deposited the account, then withdrew all the funds, and then recharged and then withdrawn, because I was more focused on reliability testing, so I have not done too much Trade more, but last month, I started to enjoy trading, I must say that execution is only an instant, I haven’t seen anything like this for a long time.
Seychelles

Geoffrey

2020-10-12 1-3 years Classic Account
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.
India

1-10of 21 comments

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