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Rated 1 out of 5 stars

After 20 years of trading with various FX brokers, I can confidently say this has been my worst experience. ***Their withdrawal practices are unacceptable and raise serious concerns !! Still I hav... See more

Rated 3 out of 5 stars

There is no doubt HYCM is a very safe broker to work with. The regulatory commissions have top tier reputation among the trading community. Trading conditions are not ideal though. Fixed spreads could... See more

Rated 1 out of 5 stars

Real Scam Broker i open account and just singel tarde after 5 min i receive your Account is close and they did not send my payment i don,t know what is the resson even i send them email i did not... See more

Rated 1 out of 5 stars

THEY WILL BLOCK YOUR ACCOUNT AND NEVER PAY YUOR PROFIT.100% SCAMMERS.ALSO THEY NO MORE ACCEPT CLIENTS FROM EUROPE BEACAUSE THEY DONOT HAVE A LICENSE . NEVER OPEN AN ACCOUNT NEVERRRRRRRR

Company replied

Company details

  1. Finance broker
  2. Investment company
  3. Investment service

Written by the company

HYCM is a leading online FX and CFD trading service provider to retail and institutional investors. With a 20+ year operational history and a strong focus on client satisfaction and technological advancement, HYCM has become the online broker of choice for investors across the globe, providing access to a range of asset classes, including currencies, commodities, metals, shares and indices. HYCM offers clients a complete trading solution together with all the trading tools and analysis needed to make informed trading decisions. Backed by state-of-the-art trading platforms, including its flagship multi-asset platform, the industry-leading MetaTrader 4 and MetaTrader 5, and mobile app, enabling clients to trade while on the go, HYCM has secured a strong industry reputation for delivering a trading experience that is second to none. HYCM is multi-regulated and part of the HYCM Group, an international conglomerate with years of expertise in providing financial services. The Group is represented globally with offices in the United Kingdom, Hong Kong, Cyprus and Dubai. * Your Capital is At Risk


Contact info

1.5

Bad

TrustScore 1.5 out of 5

135 reviews

5-star
4-star
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1-star

Replied to 22% of negative reviews

Typically replies within 1 month

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Rated 5 out of 5 stars

Standing on the Shoulders of Giants

Looking back at my early trading days, I recall exploring various brokerage firms to enroll in. One of the choices that caught my attention was HYCM. This happened around two decades ago, and opening an account was more complex compared to these times.

It is impressive to see HYCM's ability to meet the constantly changing demands of traders by offering an advanced platform. This achievement is rare among brokers and worth applauding.

23 March 2023
Unprompted review
Rated 5 out of 5 stars

A broker you can trust

HYCM is a cool borker that's been around for a while. They're legit and offer great trading conditions like quick execution and tight spreads, puls they've got different account types depending on how yuo trade. HYCM always stays ahead of the game with dope tech, so you can use the best tools out there. Whether you're new or experienced, HYCM is reliable and awesome.

17 February 2023
Unprompted review
Rated 3 out of 5 stars

Not enough assets

I admit that the broker’s credibility and reliability is on the highest level. It’s hard to argue with that.But frankly speaking, the amount of instruments does not align with its name.There should be more stocks and more markets available so that the broker would live up to its reputation.

15 January 2023
Unprompted review
Rated 5 out of 5 stars

trustworthy company

Around a month ago I ran across this company, I can’t even name it a forex broker, because it has all the characteristics of a reliable brokerage company.

It is well-regulated by the number of regulatory bodies in various jurisdictions. It’s the main thing for a company like that. Ultimately the forex market participants usually pay attention to this thing first and then look if the trading conditions are suitable. That’s what my experience tells me.
In this regard Hycm is at the top of the list of credible brokers out there. At least it is in my top-5 list of all-time favorites.

10 September 2022
Unprompted review
Rated 5 out of 5 stars

I chose a veteran broker

I try to stay away from young brokers because I’m very conservative. When I know that a broker works in the industry for more than a decade, I trust it. This broker is an example of it. I trade in the long term only. Therefore for me the broker’s reliability is important for me.

23 May 2022
Unprompted review
Rated 4 out of 5 stars

My review

I would like to write a positive review about HYCM because, despite some conditions, this broker is stable in its functions.

11 June 2022
Unprompted review
Rated 1 out of 5 stars

Fraud Broker Stole my Money

Suddenly deleted my trading account without any warning or freezing the account and when I reach Account Manager he said now it is closed we cannot do anything.
My account was fully verified, one day HYCM contact me to provide the new documents in order to reverify the account which get delay by a month and they closed my account without any trade freeze/suspection or final warning.
AM never call or email me about the issue that we will close the account if you do not provide the documents by XXX date/time, suddenly close my account and take out all the money from my trading account.
AM attitude is totally not unprofessional and accepting their mistake, On the other side saying we are the company and can do anything we can close anyone account go complain to anyone you like this is company policy.
Fraud Broker activity they did that they didn't return my profit amount 219 AED which I generate by trading and is my assets which HYCM stole. when I contacted them they keep saying we will return only your deposit amount not the profit and when I ask them what if I did the lose then also you will return me my full deposit amount they answered No then we will deduct lose amount and return you remaining only.

4 August 2022
Unprompted review
Rated 5 out of 5 stars

It is important to me that broker has…

It is important to me that broker has licenses from international financial institutions. This shows that company acts honestly and openly. HYCM is just such broker which has confirmations about its honesty on international level. I trust it one hundred percent!

1 August 2022
Unprompted review
Rated 4 out of 5 stars

Pro broker

HYCM offers trading conditions that suit pro traders. Maybe broker is also suitable for beginners, but it is hard for me to say.

12 July 2022
Unprompted review
Rated 4 out of 5 stars

easy to navigate website

I was amazed by this broker as its website is awesome. I sorted out its website within several minutes because everything is pretty clear. Gotta put a 4 mark, strong broker, but not an ideal one.

3 July 2022
Unprompted review

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