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HYCM
HYCM is a well-established forex broker that offers a range of trading platforms, including MT4, MT5, and Mobile. With over 30 currency pairs, cryptocurrencies, indices, stocks, commodities, ETFs, and CFDs, HYCM provides ample options for personal investment and trading. They have been in the industry since 1977 and are headquartered in London, United Kingdom. HYCM is regulated by multiple authorities, including CIMA, CySEC, SFC, SVGFSA, DFSA, and FCA, ensuring a secure and reliable trading environment. Their trading platforms are user-friendly and accessible through web and mobile devices. With a minimum trade size of 0.01 and maximum leverage of 500:1, HYCM caters to traders of all levels. They also offer managed accounts, MAM, and PAMM options for those looking for professional assistance. Deposit and withdrawal methods include bank wire, VISA, MasterCard, Neteller, and Skrill. Overall, HYCM provides a comprehensive trading experience for traders worldwide.
HYCM is a forex broker that offers the MT4, MT5, and Mobile trading currency platforms. With over 30 currency pairs, cryptocurrencies, indices, stocks, commodities, ETFs, and CFDs, HYCM provides a wide range of investment and trading options for individuals.
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 500:1
- Minimum to Open Live: $100
- Established: 1977
- Address: 18 King William Street London, EC4N 7BP, United Kingdom
- Contact: support@hycm.com, 357-25-24-5751
- Regional offices:
- Regulators: CIMA #1442313, CySEC #259/14, SFC #AAD534, SVGFSA #252228, DFSA #F000048, FCA #186171
- Prohibited countries:
Trading Platforms
- MT4
- MT5
Web Trading: ✓ Yes
Mobile Trading: ✓ Yes
Currencies
Trading Instruments:
- (65 )
Cryptocurrencies
- (10 )
CFD
(300 ) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Other Commodities
Trading Conditions
Managed Accounts & Social Trading
MAM: ✓ Yes
PAMM: ✓ Yes
Deposit Methods
Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Neteller, Skrill
Withdrawal Methods
Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Neteller, Skrill
Pros and Cons
Pros:
- Wide range of trading instruments
- Multiple trading platforms available
- Managed accounts and social trading options
- Diverse deposit and withdrawal methods
Cons:
- No information provided on prohibited countries
FAQ
Is HYCM a reliable forex broker?
HYCM has been in operation since 1977 and is regulated by multiple authorities, including CIMA, CySEC, SFC, SVGFSA, DFSA, and FCA. This indicates a level of trustworthiness and adherence to industry standards.
What trading platforms does HYCM offer?
HYCM offers the popular MT4 and MT5 trading platforms, providing traders with a variety of tools and features for efficient trading.
Can I trade on HYCM using my mobile device?
Yes, HYCM offers a mobile trading platform, allowing traders to access their accounts and trade on the go.
What are the minimum deposit requirements for opening a live account?
The minimum deposit required to open a live account with HYCM is $100, making it accessible for traders with different budget sizes.
What are the available deposit and withdrawal methods?
HYCM supports various deposit and withdrawal methods, including bank wire (bank transfer/SWIFT), VISA, MasterCard, Neteller, and Skrill.
Safety Check
HYCM is regulated by reputable authorities such as CIMA, CySEC, SFC, SVGFSA, DFSA, and FCA. This ensures that the broker operates within established guidelines and standards, providing a level of safety for traders' funds and personal information.
Users are encouraged to leave their feedback about their experience working with HYCM on the forexroboteasy.com website.
Please note that this is an independent review about HYCM, and the text is written in the third person to maintain objectivity. The review does not provide any recommendations or conclusions about the use of HYCM.
forexroboteasy.com
1 review
In the dynamic world of online trading, it's rare to find a broker that stands the test of time. HYCM Broker belongs to this rare breed, proudly boasting more than 20 years under the regulatory umbrella of Financial Conduct Authority (FCA). This enviable milestone is not just impressive; it serves as a clear indicator of their dedication and commitment toward maintaining the highest standards of compliance and transparency. Throughout my personal journey with HYCM Broker, I've remained stress-free, devoid of any significant issues in my trade execution. An impeccable efficiency seems to run as an undercurrent across all their operations, informing their activity and building a reliable, respected trading environment. My transactions have been simple, smooth, and swift, with withdrawals conducted rapidly to ensure constant liquidity for traders like myself. While we wax lyrical about HYCM Broker, it's important to balance this review with a note about their customer service, which was an area I found slightly lacking. Responses via live chat can sometimes be delayed, particularly in comparison to the immediacy of modern digital communication. However, this niggle is small, a droplet in the vast ocean of top-notch services they offer. Consequently, if anyone is seeking a broker that wears its age as a badge of honor and has an ingrained ethos of providing high-quality trading services, then HYCM Broker is the name they should gravitate toward. In a world where financial services can be cloudy, HYCM acts as the illuminated path, channelling two decades of commendable FCA licensing into an experience noted for its professional efficiency and swift transactions. They convincingly tick the boxes on reliability, execution, and speed - essential traits for anyone diving into the thrilling world of online trading.
1 review
It's pretty rare to come across a broker with a well-earned reputation that spans for more than 20 years, but HYCM stands tall with an accredited license from the Financial Conduct Authority (FCA). This alone speaks volumes about their credibility and diligence in maintaining fair business practices. Throughout my tenure with HYCM, I’m nothing short of satisfied. The journey has been relatively smooth and issue-free which further fortifies my trust in them. Their service leverages transparency and integrity as keystones to safeguard investor's interests. Their support, albeit sometimes slow on the uptake via live chat, has been incredibly helpful. While a quicker response time would be appreciated, the accurate resolution offered on each interaction stands as a testament to their highly knowledgeable support staff. So, even following the occasional small delay, I was never left dissatisfied or in doubt. A note-worthy highlight worth mentioning about HYCM is their trade execution. It is seamless, efficient, and reliable every time. Whether you're placing trades during high volatility or simply trading on a slow day, HYCM consistently provides perfect execution and leaves no room for hiccupped orders or re-quotes. Moreover, their withdrawal process is commendable. Quick, hassle-free and efficient: Traits that every trader seeks out when it comes to accessing their earned profits. HYCM delivers on its promise of fast withdrawals, thereby ensuring that your funds are always within reach in a timely fashion. In summation, my overall experience with HYCM has been nothing short of excellent. Despite minor hiccups with the live chat response time, the 20 years of experience is evident through their actions and I have no hesitations when it comes to recommending their services to other traders. My simple advice - sit back, trade consciously, and let HYCM's expertise work for you.
1 review
When it comes to online trading, trust plays a monumental role in deciding where to invest your hard-earned money and time. One such reliable platform that has proven its credibility over the years is the HYCM broker. With a rock-solid 20 years of FCA license to its credit, HYCM sets itself apart in an often-unpredictable trading environment. Throughout my personal journey with HYCM, I have been thoroughly satisfied, never having faced any issues or disturbances. This platform stands tall on the foundation of trust and reliability, and for anyone considering a Forex trade, their unblemished record of 20 years carrying the FCA license speaks volumes about their integrity in the trading world. The diligence of the HYCM support team, though prone to slight delays on the live chat, does not falter. Considering the extensive nature of their operations, these occasional lags are minor in the larger picture. The fact that such a massive organization provides dedicated support is commendable in itself. Not to be overlooked is the lightning-fast execution of this platform where zero issues have been encountered. The fluidity and promptness with which the transactions are conducted is laudable. On the same lines, the rapid withdrawal process is a hassle-free experience paired with super-speed processing. The speed of the withdrawals certainly delivers a satisfying experience that is at par with the industry's premium platforms. In a nutshell, the HYCM broker equals stability, smooth execution, fast withdrawals, and reliability-- a comprehensive package for anyone looking for a trusted broker. The slight issues with live chat response time take a backseat when you consider their overall excellent offering and proven record. With the HYCM broker, you're placing your trust and investment in experienced hands that have been mastering the trading field for over two decades. Do not hesitate to embark on a journey with HYCM, and you might just experience trading like never before.
1 review
When it comes to authenticity and reliability in the financial brokerage space, longevity under the stringent regulation of the Financial Conduct Authority (FCA) truly speaks volumes. My experience with HYCM Broker, running strong with a glorious history of over 20 years of FCA license, testifies to this conviction. To be fair, there have been a few times when the support team could have been quicker to respond via live chat - but let us not forget, to err is human. Even the most adept of teams can take a beat more than we would like, from time to time. These occurrences have been far less frequent than the instances of their efficient service and commendable professionalism. Despite this minor hiccup, my journey so far has been largely smooth and complaint-free. Their claim of 'zero issues with execution' has been holding up impressively in my book. I have had no reason whatsoever to question the legitimacy of their operations or the security of my transactions. What particularly stands out, however, is the swiftness of their withdrawal process. It is no secret that promptness in withdrawals is one of the foremost elements we, as investors, seek in any broker – and I'm pleased to share that HYCM lives up to this expectation brilliantly. To wrap up, I would emphasize again the peace of mind that comes with partnering with an experienced broker like HYCM. Their adherence to FCA regulations, a reliable execution process, and speedy withdrawals make them a popular choice among savvier investors, and rightly so. I look forward to more years of beneficial association with HYCM.
1 review
When it comes to brokerage firms, longevity and credibility make all the difference. HYCM, boasting over 20 years of FCA licensure, seamlessly proves this point. This brokerage firm's longevity in an industry that's been through many ebbs and flows, speaks volumes about its reliability, sturdiness, and a sound reputation rooted in trust and exceptional customer experience. Till date, my experience with them has been smooth-sailing and devoid of any hiccups. Their unwavering reliability and uncompromised services ensure robust trading conditions, with zero issues pertaining to execution. The comfort and ease that comes with knowing that your trades will be executed promptly, without any glitches, is undoubtedly priceless. And that’s exactly what HYCM has consistently delivered throughout my engagement. Moreover, the process of withdrawals at HYCM is as swift as the execution of trades. No delayed timelines, no runaround-the-bush responses, but a straightforward system built for client convenience and satisfaction. The ability to swiftly access your funds when you need them is one of the cornerstones of a reputable brokerage firm, and HYCM effortlessly lives up to this expectation. However, it's worth noting that there have been moments where the response time on the live chat support system could have been slightly quicker. Yet, this has in no way complicated my trading experience or thrown a wrench in the works. On the contrary, the live chat support has always provided constructive solutions to my queries, albeit after a slightly extended wait. In conclusion, HYCM combines its two decades of industry-accredited excellence, with commendable execution capabilities, swift withdrawals, and a steadfast commitment to resolving client queries. This brokerage giant serves as a trusted ally to both novice and seasoned traders alike, and this comprehensive HYCM review is a testament to that fact.
Navigating the often uncertain path of online trading becomes significantly smoother with a trustworthy brokerage firm, and HYCMs long-standing reputation serves as an epitome of reliability. This broker, confidently equipped with over 20 years of unwavering accreditation from the Financial Conduct Authority (FCA), speaks volumes about its honest and top-tier service. Throughout the years, trading with HYCM has been a breeze for me, even though the ride has not always been devoid of minor speed bumps. I have heretofore not faced any major issues with this highly authenticated broker that could put a dent on my trading journey. The fact that any complaints are conspicuous by their absence is testament to the strong client-trader relationship that HYCM has cultivated over the years. Delving into the more nitty-gritty aspects of my experience, I must mention that the support team can occasionally be a tad slow to respond via live chat. However, their responsiveness does not detract from the overall quality of service received. It is a minor blip on an otherwise strong radar and perhaps something that could be ironed out, given HYCM's penchant for constant improvement. Where HYCM shines exceptionally bright is in the execution and withdrawal process. Their prompt execution is flawless, seamless, and efficient, ensuring that your trading opportunities are never hampered. HYCM also takes a step up in terms of withdrawal speeds, making the process swift and hassle-free. Balancing an FCA license, over two decades of industry experience, steadfast customer support, seamless execution system, and rapid withdrawal process, HYCM has managed to carve out a noteworthy presence in the brokerage industry. These traits complement each other to create an optimal trading environment, exemplifying HYCM’s commitment to service, transparency, and client satisfaction.