The bulk of brokerage companies have a solid regulation on paper, but in reality it does not. They find all sorts of loopholes in the contract or just foolishly fool customers. Really, honest brokerage companies can be counted on the fingers of one hand. These several brokers include HYCM, in which I hurried to open an account almost immediately I stuck on them. I deposited the account, then withdrew everything, then replenished again and withdrew again. I haven't traded really much yet, because I was more focused on reliability testing. But since last month I started enjoying the trading. I must say that the execution is just instant. I haven't seen anything like this for a long time and was impressed, so I decided to write about it.
I have long been trading with this broker, I am satisfied with everything and in principle I am not going to change HYCM for some another broker. They give access to Metatrader 5. The best though is probably the only platform for high-quality trading where everything necessary is there. It operates without failures, the speed of opening and closing orders is excellent, technically modern and at the same time the platforms remains understandable. Having a minimal experience of trading, you will quickly understand its options. In the extreme case, you can run a demo account and explore the functionality in practical conditions, but without risking money. In the rest, there is an opportunity to perform comprehensive analytics, a lot of technical analysis tools.
I want to learn how to trade, can someone help out?
Am struggling on downloading my MT4 demo account
They are bunch of crooks, 25 days waiting for the transfer which they claim they did. Thats just because i made money and want to withdraw all
I ve just received the 50 euros via neteller. Maybe they cannot proceed skrill withdrawal
they are not returning me via skrill (the deposit was sktill also) the almost 50 euro saying that they cannot proceed the withdrawal. i m waiting 15 days
I like the daily analysis news feed provided by the broker. Very helpful for trading on the news.
Good performance, a platform without lags, terms of trade are also quite acceptable. Pleases a large number of trading tools. I also like their analyst. A good channel with the most relevant news. There are many ways of replenishment and withdrawal. In general, I have not found any special problems yet.
good conditions, good work, fast execution but there are some disadvantages comparing with others, good and stable, well known also but not the best
Since I'm still new to the financial markets, I need more insights that can help me to make a decision whether to buy or to sell. In their website, they provide brief market review from their experts which is really helpful to help me making my own decision in several currency pairs.
Trading with HYCM is unexpectedly easy and stable. There are different plans with different trading conditions with various amounts to deposit and trading platforms to use. Here you can count on relatively low spreads.
i use hycm for 1.5 years, I saw the review on the smartlab, and began to read, eventually opened the account. my profit on average 30-40% per month with pairs and stocks
They work well so there is nothing to blame. Almost two years of trading here without problems on execution of orders and deduction of money from the account. I think quite a long time so that you can trust them. Here it is still worth considering that they have been more than two decades in the market. Worthy of respect!
great thanks HYCM for a wide diversity of different instruments. i've chosen metals and trading result is succesfull enough. i havent lost anything and even earned some money. i dont have much experience but the conditions are really good. they give bonuses - thats really nice of them. what else, very fast withdrawals, withing 48 hours - really. i adore this company and will try working with smth brand new for me, because they have a lot of studing. thanks again!
i really like HYCM! they are my first company and im just in love with them. it has very useful things like news and signals, wide range of instruments and lots of studing materials for those who dont know what to start with. like i used to be.. now i work with real account and the income is not so big that i expected but it is good for start. btw, it is better than to work on somebody.
I've improved my capital for about in 3 times in half a year. started with 250$. that makes me very satisfied. i've started working with them because they have a good brand name so it was a good decision. they have a check procedure when you send them a registration form, the support is good, the broker is stable and honest. i love it
XM is doing things that i dont agree with, i bring to them 567 clients in my IB account, but XM keep on blocking my commission, they remove the clients from my IB account. several times.it is proven - as i talk to these trader on facebook, they trade huge and i get nooo commission.
Hello, i have already tried this broker and my experience is rather good than bad. they have a lot financial instruments and work with cryptocurrency. now i withdrew 6k with their service. i think its a quite good result when we are talking about such risky things.
HYCM have amazing online help which is useful&helpful! The most important thing is with drawing my money is easy . Of course, the have minuses too, but the experience is more good than bad.
I have stunning and great experience with HYCM! Just over three years of trading currencies, my balance has grown by almost 340% in 2016. For year and a half, I trade only through hycm, six months of which I had traded on paper. Before I used to trade with FX houses like IB, FXCM and others but my scalping strategy has been working stable only on this broker's live account. Unfortunately, there is a profit on all demo accounts of all brokers, but only here on the real, there is a stable growth. I believe it's only due to low commissions and tight spreads, which do not eat up 2-3 pips of each take-profit. So let it be my compliment to the broker for a good job))
My review about hycm will be positive, after a registration procedure (that take a while with docs verification), trading went easy and fast. Customer support helped with mt settings and everything went fine.
Trading on live account for about 8 months so far, trading works great for me, making 220$ a week
Since HYCM is a huge financial group, i would still recommend newbie traders to open the first account here and not in the smaller brokerage companies. Trading with companies like HYCM you get confidence, that money are safe and conditions are transpart enough to trade safely.
Been waiting a few min for customer support manager to answer me, so its not that quick, my question was still solved, so I m quite pleased
Very pleased with Hy platform! Well designed, great variety of trading tools! Looks like ninja trader for Forex.
I like it for its wide choice of instruments! I am trading the stocks of Coca-Cola and IBM here. Just invested my money and watch the dynamics. Tried to trade with coffee as commodity. They allow taking both long and short positions on the prices of CFD contracts. Not bad and even with a profit not large but still without fail. Being rather an investor than a trader I’ve tried also natural gas as far as I’m sure it is a fast-growing asset that can provide profit in the future. I see here tradable prices and low spreads. They do not take commissions and offer really helpful customer support service. I’m here - it speaks for itslelf!
Didn't notice any delays or disconnections to the platform (working via MT4, EU server). Can't actually imagine, how can any1 have delays during market execution.
HY Markets is FCA regulated - I trust this British institution. I was amused to learn that HY Markets has been operating for almost 30 years. To start with the easy account open process should be mentioned. I had no problems with it. It took less than 10 minutes from the moment I entered the broker’s website to the moment when I started trading. Its banking infrastructure is well-advised that is why order execution is fast and simple. There are no commissions but there is free practice account rendering assistance in understanding the web-site and the features the broker offers.
This broker open the spread for roll over at in major pairs over 14 Pips and more for some minutes. so be very, very careful to trust this broker when you trade in this time
Comments and reviews about forex trading can be found on multiple web resources, and their diversity indicates that forex market is complicated and implies a lot of risk.
Some people believe that real traders' reviews can hardly be found online, as most of the published statements are either libeling the broker's competitors or aiming at raising popularity of certain companies. Sad but true - this really may happen, as some not too scrupulous companies do promote themselves this way.
This section is addressed to the traders who seek completely objective and truthful information about the forex market. Of course, no one can guarantee that each review is realistic and impartial, but we continuously monitor the published content and believe it is useful for both forex novices and professional traders.
Reviews about HY Markets that you will find here are of different kind - some of them are positive, some are emotional or even rampant: our site visitors are free in expressing themselves when discussing various issues related to HY Markets performance. You can disprove somebody else's viewpoint or support it: whether to trade with this company or not, this is what each trader decides for himself. It is impossible to guarantee that any company's operational work will be the same as was described in the clients' comments.
Does the broker really care for the clients' needs? Is their response to the clients' claims efficient? Are trading conditions profitable? Are there any covert issues that peep up only after the contract with the broker has been signed? Reviews about HY Markets help to get the general idea about the broker's performance.
HYCM is online trading division of Henyep Capital Markets, which is a major investment company established in 1977. The company’s headquarters are located in London, United Kingdom. The Henyep Capital Markets activities are regulated by such financial regulators as FCA, MiFID, DFSA and SFC....
Regulation: CySEC, FCA, MiFID, DFSA, SFCHYCM trading information