HYCM Testimonials

HYCM is an awesome broker with a bangin' rep. They got all the legit stuff like trust, regulation, tons of tradable things, unbeatable conditions to trade in, top tech and even resources to educate yourself.

I have been trading with HYCM for over two years now and I can confidently say that it has been one of the best decisions I have made in my trading journey.

Firstly, I was impressed by the user-friendly trading platforms, the MT4 and MT5.

The support team is always available to assist with any query I have, and their responses are prompt and helpful.

HYCM is a reliable broker with solid regulations and competitive trading conditions. Still, limited cryptocurrency options may be seen as limiting for some traders. Expanding its crypto offerings and reviewing the depo requirement could further benefit HYCM's reputation.

I am a client of Hycm for quite a while now. First thing that everyone should know is that it's a very reliable broker. Almost as reliable as the Swiss watch. If not more.
It's actually part of the comfortable trading experience with the broker.
But nowadays I want to go a little bit further and try algo trading. I already found the trading bot I'd like to use.
Nevertheless I have a question for those who are more sophisticated in this. What account should I utilize for this, Fixed or Raw?

The educational ground proposed by this broker seems to be pretty appealing. I found much new information about different peculiarities connecting to day trading. The knowledge is power.

Comapny has a solid history and that attracts me. Only thing I would add is another trading platform, because Metatrader platform looks complicated for me. Anyway, that is just my point of view, so I guess I have to master it.

I feel confident trading on the broker's platform. This is not only because the broker provides the most reliable platforms:
1) MetaTrader 4
2) MetaTrader 5
But also because HYCM has a license, which confirms its reliability.
In some HYCM reviews, broker's clients describe the organizations which issue such licenses, but I don't understand what this is about. I don't know the peculiarity of financial organizations that issue licenses and monitor brokers. For me it is enough to know that my broker has a license, which means he is honest with its customers.

Somebody can state that absence of alternative trading platforms is bad. But I think Metatrader is the best option and the most powerful trading platform that perfectly fits in the HYCM canvas.

It's amazing that this broker provides MetaTrader as the main trading platform. It is so important for me because I have a few indicators I would like to use on this platform. By the way, is trading EAs allowed here?

Good article about one of the major brokers of the forex industry for sure. But there are some inaccuracies. For example, the article says that max leverage is 1:325 for currency pairs, yet in reality, it's 1:500. Which is a massive difference for those who are heavy leverage users in their trading.