HYCM Reviews 135

I should confess that hycm reviews greatly helped me. They were first to inform me about the broker. I usually trade with several brokers. I do this not to lose everything if something goes wrong with one of my brokers. From time to time I find new brokers an join them if I find them trustworthy, of course.
Once I was surfing online and found hycm reviews. It was the first time I learned about the broker. The thing that drew my attention from the very beginning was the possibility to trade with fixed spreads. I had already traded with such spreads and respectively I was aware of their advantage. I mostly trade at night - the time when fixed spreads are most advantageous.
At night floating spreads are usually wider than in the daytime. Due to a shortage of liquidity, many brokers have to increase their floating spreads. Fixed spreads are the only way to avoid such an inconvenience. Fixed spreads are rarely provided by brokers today. So, I was very glad once I learned about this broker.

There are lots of features which i liked about this broker, for example the system of types of accounts seemed to me quite perspective. I believe that this system can affect trading activity for traders in a very good way, because competetiveness is one of the most important part of trading activity. Moreover, I personally don't like those brokers who offer lots of trading platforms, This one offers only two main platforms, but the matter is that MT5 doesn't have a support of some exotic tools, which I prefer to trade.

I am a trader and analyst. I like talking to people. I like discussing the financial markets, pointing out the factors that drive the market from both fundamental and technical points of view. I like writing analytical content and sharing it with other traders.
I found the Henyep Group two years ago. The company has a solid reputation and multiple regulations, which is essential for me when I choose a broker to deal with. Trading conditions, account types, and platforms are also convenient. After testing the broker on my own, I decided to dive deep into affiliate marketing as HYCM has quite an attractive referral program with payouts above the industry average. Additional benefits in the form of marketing materials and consultations from the side of the support team made me interested even more.
I started with a simple blog to post my articles and promote the HYCM broker there. Now I have a whole website and I’m planning to expand it.

I was attracted by the wide range of trading instruments, I think there's so much variety that it's hard to keep my eyes open. I tested the terminal during the day and night and made sure that the execution of transactions is clear at all times. So I decided to stay here to trade.
Also I got good financial instruments, 100$ minimum deposit, signals and cfd, good leverage, everything suits me fine.
This is a reliable partner. After registration I had to choose from 3 different types of accounts. If you don't know what kind of commission to choose, then take the test that is on the website.

Please please stay away from hycm especially if they offered you the choice to register your account in Saint Vincent and the Grenadines ( in which they are allegedly licenced)...

Market orders execuated through them run perfectly until you start gaining real profits:
Your orders start getting seriously delayed ( until major market price changes has occured)...

Other profitable orders don't even get through even when trying multiple times...

They did this twice to me in a way that was too obviously intended to hurt my account ( after gaining good profits each time)...

And every time, they used ridiculous excuses:
Internet speed issues, software glitches, market volatility..

Of course with other respectable brokers, you never face those type of issues ( especially when it is very obvious it's intentional and timely)..

I got so many recorded videos showing clearly how they screw up your orders...

To be fair to them, when it comes to withdrawing money : they always sent the requested amount in very brief time ( at least this is my personal experience).

They are definitely a fraudulent company that would throw ambiguous technical reasons for you to make you accept how you got ripped of your money...

Please please go with more trusted brokers: they are simply not worth risking your money.

I’m very glad to discover such a broker. I joined it once I learned that it was started in 1977. I thought that a broker such with a rich experience couldn’t be a scam. Of course, I was right and the trading process here showed that my choice was right.

From a technical point of view on the process of organizing trading, HYCM is probably one of the best among those that I have met. Personally, I have never seen such excellent order execution in terms of speed anywhere else. In fact, they give the opportunity to trade with any strategy and, plus everything, combine them with each other. I am a newsman, so I use pending orders, if there are no gaps, then orders are opened very clearly. Very flexible options. For this alone, I can already rate HYCM as the highest mark. Although they still have enough advantages in other aspects of financial service. It is not for nothing that the broker has a large number of awards and mentions in media services.

HYCM are my favorites. I love them for their ultra-low spreads and stable work without interruptions.
One objection: why do you serve so few countries? You need to expand and cover all countries as much as possible! It would be great if you worked in the USA, Canada and Japan. It seems to me that the market lacks reliable brokers, and traders need companies that guarantee them fair conditions.
I'd like tech support to work over the weekend. Otherwise, it turns out that those who trade in a calm market receive infringement of their rights НАНА.

The broker offers three different types of accounts to suit the needs of different traders. Their micro account suits me beginner requirements and has a small initial deposit of just $ 100. With 50 tradable products and up to 200 leverage. This account type offers minimum fixed spreads of 1.8.
For those looking for better spreads and other features such as trading signals, a standard account with a minimum deposit of $ 1,000, a spread of 1.5, leverage of up to 200, and a full 120 tradable assets might be your best bet. Pros will prefer a VIP account, which requires an initial deposit of $ 10,000.

When I choose a broker for trading FX and CFDs, I pay attention to the brand’s history firstly. HYCM has decades of building the reputation. The number of affiliated companies regulated in many jurisdictions adds trust. For me, the FCA regulation is a must-have, although I prefer to use a larger leverage, dealing with a lighter regulation. Next, I usually look at trading conditions and account types, and HYCM has a good choice here as well. Executions are fast, the platform is reliable, support and operations work well.

Needless to say, this brokerage service has a very impressive background, including a lot of international awards, regulation, top-tier liquidity providers, not to mention more than 40 years of experience in the industry. But that’s just one side of the coin. All of those virtues mentioned above are worthless if you don’t know how to trade. That’s a very challenging activity that requires constant learning, dedication, and the capability to work under stress. Respectively, if you lack this, even the best broker can’t help you.

I wanted a broker to have floating low spreads. I am a beginner trader and it was also important for me that the broker did not have a high minimum deposit, but that the choice for trading was high. This is how I started working with a HYCM broker. Here the minimum deposit is only $ 100. With this money, I had to start trading. But since this is not enough money, I used leverage. For currency pairs here the leverage is 1: 200 and that was enough for me to start trading. Spreads are low here .. just from 0.2 pips. In addition to currency pairs, I began to trade stocks and use the Metatrader 5 trading platform for this.
It is very convenient and it is the choice of millions of traders ..)

The broker is regulated, which means that I was not worried that my account would be blocked. Trading is comfortable and there are a lot of assets, but I didn’t find a few exotic pairs on MT4 .. okay.
There were no problems with the deposit, but only for a very long time my bank transfer for the brokers was. I was very worried at first. Now I make a deposit through Neteller quickly in 1 hour)

When I read in one of the hy affiliates reviews that you can choose several commission types at once, I realized that this is what I need. Because firstly, I have already faced the fact that both CPA and Lot-Rebate do not give me the desired result individually. And I couldn't find a company that would provide me hybrid commission terms. It's a good thing I got hy affiliates reviews on one of the forums.
So I signed up. By the way, it did not take long. Although the registration form was quite detailed. After all, hy affiliates is very observant and carefully selects partners.
In my Personal Account, I saw that it is possible to choose different commissions for different advertising campaigns. For example, to run two at the same time: one CPA model and one Rev-Share or Lot-Rebate. It is true that I like the version with Rev-Share more because there are no such restrictions as in Lot-Rebate.
So now I alternate commission types and get a result that pleases me more. And I'm glad that I've read hy affiliates reviews once.

Before investing my money I've read a lot of HYCM reviews and almost all of them were about 'company reliability'. Of course, I don't believe in such things, but decided to test company. Frankly speaking, I didn't think that brokers differ a lot and one brokerage can be 'more reliable' than other.
My opinion have changed after I've tried HYCM. Well, reliabilty isn't the feature you can't explain in simple words. And that's not about regulations. That's about how company communicates with its traders. With HYCM you can find answer to almost all of your question in FAQ and if you didn't, you always can reach out manager to clarify sth. And that's convenient.
Another dimension is trading itself. I don't remember what type of execution it uses, but seems that's a combination of STP and ECN, as the slippages are quite rare and requotes are almost unlikely.
Also, I never trapped on 'spread widening', it's always moderate and company tries to compensate it for traders and display the change asap.
So I think that reliability is about such details and you start noticing it only when you begin taking trading seriously.

Hello! On October 28, 2020, I opened several deals with the shares of the "Pinterest" company in the aforementioned HYCM company. On October 29, 2020, I closed my positions with a profit of approximately $ 43,000. Then I made two withdrawal requests for 9,200 euros and 1,265,000 rubles. On October 30, 2020, at about 11:00 Moscow time, my withdrawal requests were canceled, and my profits were canceled. Then this company sent a letter in which it accused me of violating some rules and said that they were breaking contractual relations with me. also in this letter it was reported that my profit will be canceled and only the amount that I had deposited into the account of this company earlier will be returned to me. In turn, I want to declare that I did not violate any rules and the HYCM company canceled my profit unlawfully. I have screenshots and videos to prove that I am honest. in particular, the video captured the moment of making a profit and closing positions. Based on the foregoing, I ask for your assistance in resolving this dispute and assistance in paying me the entire amount of profit received from HYCM.

As a trader with 3-year experience, I’m concerned about the reliability of brokers I work with. So, I’m reluctant to make experiments with them at the cost of my hard-earned money. Some folks randomly try various brokers, sacrificing relatively small amounts. I don’t want to do this way. Before joining a broker, I try to learn everything about it. Only after this, I decide whether I should open an account with it or not.
HYCM seemed trustworthy enough from the very beginning, given its year of foundation (1977). So, I registered, chose a Fixed account, deposited $100 and made a couple of trades. I enjoy their execution and how they handle my withdrawal requests.

When it comes to choosing brokers to work on the financial markets, I always favor those who have several regulators. HYCM is a typical example of them. I’ve been working with it for five months.
The given broker is supervised by several watchdogs, in particular, CySEC, CIMA, DFSA, FCA. With such substantial regulation, I feel secured as a trader.
I chose a Raw trading account. It comes with fairly low spreads (0,2 pips) that gives me an advantage because I practice scalping. However, in this case, I have to pay commission that can’t be said about other accounts with the broker, but the lowest possible spreads are more crucial for me. By the way, when choosing a Raw account, you need to invest at least $200, while other HYCM accounts will cost you $100.

This is probably one of the few brokers that don't use cheap methods of attracting clients. There are no bonuses, gifts, traders' competitions with money prizes here. On the other hand, there are right trading conditions, minimum spreads, fast execution of orders with rare slippages. And the mobile app is also made just great.
In general, I think that the company is well suited for those who really want to make money in trading. It's the right choice for traders who are not chasing for fast cash.

At first, it was a little unusual for me to work with this brokerage, because to be honest, nobody likes changes. But as soon as I got used to the broker and its trading conditions, I realized how good it actually is. A broker has a very long and interesting company history, which attracts so much attention to it. And to me, how long a broker works in the market is worthy of respect. Because I haven't yet worked with such a broker, and this one does it job very well.