On-line since: About the company:
HYCM is based in London and is one of the subdivisions of Henyep Group - a large conglomerate, the activity of which covers offering financial services, charity work and education.
8/10
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I am a very experienced trader with many success stories and even training accounts. I have had a lot of those good times with Hycm. Flipping an account, training someone to flip an account, and watching them succeed are all things I look back at fondly, and Hycm is in the middle of it. Solid broker through and through.
I can't trade well with an HYCM broker. As I have found a fake price quote and their spread going high level. So my order always slippage and requote. That's why I can't establish a trading strategy and almost lost $750. Now I want to withdraw my investment from the HYCM broker and make a withdrawal request. But the proceeding time already two weeks passed through Bank Transfer and I am disappointed with the HYCM broker.
I have been a client of HYCM for almost a year, and till now, I have been pleased with their trading platform and technical services. The platform works with fast execution, it's slightly more stable and never frozen in cases compared to other forex brokers, and I never get any re-quotes. Besides, I get about 20% or 30% profit because their spreads are fixed on EUR/USD. Last month I had problems with the analysis they were providing were misleading, but they were kind enough to accept criticisms and immediately fix the error, and never repeat it again. It turns out it was just a mistake at the turn of the year. The withdrawal process is also smooth and easy to process in many payment options. Overall I recommend HYCM broker because they have a professional and transparent trading policy.
I can say HYCM is a most awful broker. At the start, I was facing some troubles, like delays in deposits or withdrawals, a lot of documents needed for verification, horrible slippage and delay in execution. When I inform their client support they told me that they will resolve all of these problems within in next month. So I decided to try one them more time, but its remains the same.
I opened an account at HYCM a month ago. I did not have difficulty adapting to their trading system. Their platform is very easy to use. I am pretty sure that even if you have no trading experience, you will not be confused while using their platform. Right now, I still haven't made that much progress but with an amazing trading environment, I will surely move forward in no time.
HYCM is a reliable broker. Everything is instant with them. They have a good quality platform, also fixed spreads. I'm trading in a live account with a deposit about $500 in every trading, and for every month my profit is more than 50%. It's also because their spreads amounting from 2 pips respectively. The deposit and withdrawal also have fast service. I enjoy the trading process and earn profits from this broker. I like to trade with HYCM. They are also recommended broker.
I feel the longer I trade with this broker, the more I believe that choosing it was the right decision. I'm with HYCM for last 6 months and successful in scalping trading, So I am satisfied with HYCM. Their trading rules is suit with me which allowed me to scalp within 2-5 minutes only. On the MetaTrader 4, I trade using USD/CAD and GBP/EUR. My profit on average is about $550 a month.
I'm going to mark something that once interested me and made me stay:
1. classic mt
2. service and assistance to traders
3. training
4. no difficulties or delays in any financial transactions
Yesterday I did trading for the umpteenth time with this broker. and my profit has increased to 2x from last month's profit. I get $ 500 in profit, and I WD a total of $305 in a period of only 3 hours.
Trading here is very convenient. They have an extraordinary platform systems that are easy to understand, especially for beginners. I recommend this broker to you all.
HYCM has a stable server. Also, it's organized with a lot of instruments and analytical tools. Which help me to make order easily on the perfect positions. I found many professional trader's technical analysis too. They have live price charts, so I can use an EA and regularly gain some profits. Till now I have withdrawal almost $556 profits via Skrill account. But I didn't get any problem yet. So I believe that HYCM is a profitable platform for me
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