HYCMReviews 196

I trade with classic metatrader 4 and brother by metatrader 5 trading platforms.
Also we share with each other by our trades while on a go. We trade through phones also. There is nothing bad in it if you know how to use it. Its just an another tool.
Check their workshops - you will find a lot if useful info.

My previous broker offered only one account, but the spreads there were so awful as I decided to change it over. Spreads here are acceptable, I trade with variable spreads (starting from 1.2 pips).
Anyway, I prefer not to be picky due I understand brokers also want to make profits for providing service.

People like me trust two things:
1. Experience.
2. Truthfulness.
That's why I chose HYCM. Those who traded ehre know what I mean!

I believe the classic account here is the most suitable

100$ min deposit and spreads from 1.2 pips.

Nevertheless, you can change your account if you understand that it doesn't suit you.

I have recently finished several first trading tools in the education center and I can claim that I am impressed. Y'all know... I am not a newcomer in trading, I consider myself as a quite mature trader, but I never miss the opportunity to use educational center in order to find smthing new.

In the first course there was general overview of the market and in the second one there was an explanation of trading psychology and I'm glad to see this theme on the second place. It's one of the most crucial ones and noobs underestimate it.

I want to give 5 start as broker cares about rational trading despite providing the goog services.

I like the broker mainly by the approach towards traders

I once was lucky to contact customer support and they helped me to sort out with types of account because i was a total newbie in trading. Since then I have been tradding here actually.
It's pity crypto leverage only 1:20

I have contacted HYCM's customer service several times in order to clarify some trading conditions and both of those time I received wonderful service from the guys working there. It is a pleasure to realise that there is a service where you can always turn to whatever question you have. Such a feeling is priceless in trading and I greatly appreciate that.

Precisely because they offered three different types of spreads without reference to the amount of capital.
It may seem like something not very significant, but when you start working on the market, you understand that it is spreads that can affect your result in one way or another.
I personally have focused on fixed spreads for now, because I didn't have such experience before, from a couple of points, this is quite adequate considering my plans for the future.

I love my trading experience with hycm very much because I don't need to rack my brains thinking whether the broker is a scam or not. Now I am totally sure that hycm deserves my trust.
Firstly, it is due to numerous official regulations. It is of vital importance to know that there are third-party organisations which ensure that there are no criminal actions will take place here. I have already tried to withdraw the money and I should say that they are pretty fast.

I approach trading in a non-standard way. I perceive it as a mystery I'm expected to resolve, a kind of game. Of course, I also want to make money but it's a secondary motivation. What drives me most is a strong desire to resolve what market makers want to do, how they are going to drive the market. Once my forecast is right I get pleasure that I coped with this task. That's my approach to trading with any broker including this one.

I registered a Raw account with Henyep Capital Markets. This broker's branch is regulated by FCA. I didn't sign up with an unregulated broker. Its license is important for me.
The rest doesn't deserve much attention - I just trade minor pairs here with 1:20 leverage. I try to refrain from higher leverage cuz it's not for good. That's an optimal leverage size for me to earn what I expect to earn and survive pullbacks. I remember I lost several depos with other brokers due to leverage. For me everything higher than 1:20 is dangerous.

HYCM like many other brokers have different account types and more often thatn not it is hard to see which type will suit your personal trading the most. I liked that the broker helps the trader choose the most appropriate trading account in order to make your trading more efficient and avoid paying too much charges.

I always use exceptionally wire transfer. Everything because it seems to me that in this case my money are in safe. Of course, various payments platforms also protect money from being lost, nevertheless I tend to trust wire transfer only. This broker offers wire transfer from 250$ and it may take from one to seven days until my fund would be received. It's comparatively nice conditions. I like when the conditions suit my needs. In real life it never took over 3 days for money to reach me.

If you feel kinda frightened it could attack you as a hacker, you are too emotional bcz it's not what you might have thought. I say the broker's name seemed suspicious at first but I looked up info about it and found nothing scary. It's regulated and works very long time in the industry.
As for my interest in this company, I needed fixed spreads for certain assets to trade them at night and I got exactly what I expected.

I specially registered in HYCM to trade cryptocurrencies, initially, I worked only on Bitcoin, now I added Ethereum and Litecoin. Currencies are interesting, technical, that's why I trade here...
Maximum leverage when trading crypto is 1:20, bitcoin spreads are 135 pips. Sounds alarming for those who are used to EURUSD spreads but it really works different way with BTC ;)

I think that for me the main advantage of this broker is that there is an opportunity to trade on the MT5 trading platform + excellent attitude to its duties. Executions are A+ style.

Once I learned that it's one of the oldest brokers I made a decision to sign up even though I already had an account with the other one. I was looking for a bacup account. I'm prone to trusting such brokers and I know that they are all regulated.
I opened a Raw account here because this account comes with very tight spreads.
I have nothing to complain here. Execution is good as it should be with regulated brokers.

I got into forex trading a few years ago and I am very glad that I did not make a mistake in choosing a broker. The broker is old and cool, and even though losses seem to be inevitable I manage to earn smth here every month.

HYCM is one of the oldest brokers on the market and it is fully deserved. That is a healivly regulated broker and its activity is controlled by four organisations at a time. Personally, I like the fact that it supports mt4 and mt5 trading platforms. If the broker spends thousands of dollars on a platform, this is yet another sign of reliability.

I can say that now I am a professional trader.
I started trading with HYCM a year ago. During this time, I changed several strategies and started making money steadily.
This is my main and only source of income.
To be honest, when I dreamed about it.
It is hard work. You must understand that making good money in Forex from the first day will not work!
The good thing about HYCM is that it has all the necessary features for traders of any level.