HYCM Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Feb 4 2023 1
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.
HYCM has nice account conditions. I bet it can suit different types of traders.
When someone asks me which broker opened my trading account, I do not hesitate to name HYCM. Because despite the specifics of this broker, on the whole, it is a reliable company.
Dec 11 2022
the fact that minimum deposit on Raw account compiles only 200$ is delightful for me, as this is the sum I had when I started trading here. I boosted my deposit a bit but now I took a break, as I want to rework my trading strategy and get back to trading.it seems to me that it's the right solution when you stuck.
Oct 29 2022
if you are fond of scalping, then Raw account is your choice, otherwise the broker doesn't allow this type of activity. it's obvious, scalping with fixed spreads is the worst idea :D
Oct 16 2022
Comfortable trading platform and legal regulation. I guess that is the most important things.
A question that is going to be difficult to ask is if the broker is legit. When it comes to safety, longevity, and experience in the market, Hycm is almost unrivaled. While some find the trading conditions on the fixed account overpriced in pips, Hycm offers some of the best conditions available.