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HYCM

How would you rate HYCM?
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Australia
1 review
0 helpful votes
Follow Joanne P.
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My experience with HYCM has been a costly one. After opening an account some months ago, I faced significant losses. When I recently tried to withdraw my remaining balance, I was shocked to receive an email stating that my account had been closed and my withdrawal request canceled. Suddenly, I lost access to my account, leaving me with no way to retrieve my funds.
HYCM is a total SCAM. They restrict withdrawals and terminate accounts without warning, which is unacceptable. It's a relief that I've been able to find a way out of this messy situation. By chance, I was able to get my money back from them thanks to a recovery agency who played a crucial role in helping me recover my funds. If you're a fellow victim, I'd like to offer support and share the recovery process that worked for me. My email address is available on my profile; feel free to get in touch.

Date of experience: April 15, 2025
Texas
1 review
0 helpful votes
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Withdrawal issues
January 22, 2025

I understand how stressful it can be to face financial loss due to scams or fraudulent activities. To help you in such situations, I'd like to introduce you to Supreme Assets Recovery, a professional team specializing in fund recovery.

They have a proven track record of helping individuals and businesses recover their lost funds by tracing transactions, negotiating with involved parties, and providing expert guidance throughout the recovery process.

Here's what one client shared about their experience:
"I was devastated after losing $15,million
to a fraudulent trading platform. Supreme Assets Recovery stepped in and provided incredible support, tracing the funds and negotiating with the scammers. Within weeks, I received the majority of my money back. Their professionalism was outstanding!"

- [] If you or someone you know needs assistance, you can reach their support team via email: officialsupreme**assets**recovery**@gmai.com

Date of experience: January 20, 2025
Germany
2 reviews
0 helpful votes
Follow Trev V.
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La frustración es insoportable. Me registré en esta plataforma esperando transparencia y equidad, pero todo lo que he encontrado es lo contrario. Los retornos iniciales fueron buenos y rápidos, alimentando la ilusión de que me iba muy bien. Mi asesor fue muy poco confiable y creó lagunas legales para robarme dinero. Desafortunadamente, invertí más dinero. Llegó el momento de retirar y comenzó el problema. Mis mensajes y correos electrónicos no responden, mis llamadas se bloquean. Es como gritar al vacío, esperando un eco que nunca llega. Tardé semanas en obtener el reembolso total de mi saldo en la plataforma. Por favor, no desistas en tu esfuerzo por recuperar tu dinero; es difícil, pero es 100% posible. Mi correo electrónico está en mi perfil; estoy dispuesto a compartir más información sobre mis procedimientos para ayudar a resolver casos de retiro pendientes. Contáctame.

Date of experience: May 2, 2025
Georgia
1 review
0 helpful votes
Follow Harry N.
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J'ai récemment vécu une terrible expérience avec ce courtier frauduleux. On m'avait promis des retours rapides et faciles sur mes investissements, mais j'ai perdu une somme considérable. Suite à cet incident, j'avais désespérément besoin d'aide et, heureusement, j'ai trouvé l'équipe de^^C^^O^^S^^T^^N^^E^^R^^^^R^^E^^C^^L^^A^^I^^M^^ Ils m'ont apporté le soutien nécessaire et m'ont aidé à récupérer mon argent. Ils ont travaillé sans relâche pour enquêter sur ce courtier frauduleux, rassembler des preuves et négocier avec eux pour récupérer mon argent. Je suis tellement reconnaissant qu'ils aient pu m'aider et me faire rembourser.

Date of experience: April 7, 2025
India
1 review
0 helpful votes
Follow Ajinkya N.
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HYCM is a forex broker that offers a variety of trading instruments to choose from. In addition to forex, clients can also trade real stocks on the HYCM trading platform and receive dividends as real investors in a company. They are fully regulated and licensed by regulatory bodies but they offer a customer service that does not reflect their class. Overall, I will settle that this broker is okay.

Date of experience: June 1, 2023
Malaysia
1 review
0 helpful votes
Follow Nguei T.
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My overview
May 10, 2023

I'mma provide you with a brief overview of the services this broker offers.
Basically, all the positive features include:
- several account types;
- opportunity to trade with advisors;
- well-developed and structured HYCM Lab section with bunch of useful information;
- quick trading platforms from renowned software developer;
As for flaws, then I personally can't state that there is something I don't like. I quickly adapted to conditions and now feel like a fish in the water.

Date of experience: May 10, 2023
India
1 review
0 helpful votes
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Big fan of raw account
February 9, 2023

I like all the account types, I think they all suit different trading styles and nominal values of your trades and how often you trade, but I found the Raw account is suitable for my needs the most. Enjoying the conditions.

Date of experience: February 7, 2023
Italy
1 review
1 helpful vote
Follow Carlo C.
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The main feature of Hycm is that it's a highly reliable forex broker which is valuable especially in the forex market.
However the trading conditions offered are average. There are multiple markets but the overall number of assets are not very big.
I would say that it's all nothing, except the commission on the Raw account. Hardly any scalper can appreciate such commission, even considered the spreads are great.

Date of experience: April 3, 2023
Portugal
1 review
0 helpful votes
Follow Claudio L.
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I rarely and uneagerly write reviews cuz I find it time-consuming. Nevertheless, at the same time, I understand that many traders who are still in search of their proper mediator on the market, are keen on reading broker's overviews. They are decisive for them at some point. HYCM is that type of a broker that may be considered as a primary one.
The company managed to implement many functions and pack'em up into one platform. There is an account selection, several trading platforms from renowned software distributor, recently the opportunity to become a real shareholder was added and so on. As for the latter feature, you can buy fractional equities just having $10 on hands. It's not the best option for pros, but they can also get involved into trading here.

Date of experience: June 6, 2023
Portugal
1 review
0 helpful votes
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No limits to this
June 20, 2023

There are certainly no limits to what can be achieved and what services can be offered in financial markets by brokers. But, as a trader, you actually don't need all the features if you're not going to use them. You only need the ones that can actually benefit you, and I think that is what HYCM is all about.
The quality of services they offer is immaculate, the feel of being valued you get when you are a client, and the superior access to all the markets they operate in is just what gives you power, it is their formula of doing business, and I like that really much. I feel the professionalism behind this business model, and it clearly works, otherwise they wouldn't be around for so long, would they?

Date of experience: June 19, 2023
Italy
1 review
0 helpful votes
Follow Gioacchino L.
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Solid foundation.
July 31, 2023

This broker has all the necessary services for traders. Nothing extra and nothing fancy. All the basic stuff but those basic features are honed to perfection through all those decades of brokerage experience.

There are three accounts. One fixed, one variable and one raw. What else do you need?
Trading platforms are from the world-renowned trading software developer - Metatrader.
These platforms have proved over the years that they are the most reliable terminals ever.
Plus they are suitable for different goals: manual, algo, management and so on and so forth.
All in all the broker is for trailers that know what they want from the forex market. And also for beginners. You need to get accustomed to the best right from the start.

Date of experience: July 31, 2023
Nigeria
5 reviews
1 helpful vote
Follow Liu B.
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Once their representative cons you into trusting him it's downhill from there. You'll lose everything. Lies, deception, mismanagement of accounts, irresponsible risk management strategies... all this and more await you here. Stay away from them, act now.

Date of experience: October 31, 2022
Singapore
9 reviews
7 helpful votes
Follow Guiseppe S.
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And it has certain problems and difficulties at first, and unfortunately not everyone can cope with it. And that's okay. But if you are still interested in making things work out well and you want to understand the mechanisms of the market, then I will definitely recommend this company to you.
1) Low spreads.
2) Small commissions.
3) Quality customer service.
4) Instant withdrawal.
5) A wide variety of tools for technical market analysis.

Date of experience: July 17, 2020
Israel
11 reviews
16 helpful votes
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It's regulated
January 17, 2021

I was looking for regulated brokerage so long to accept $100 min depo and I finally found it. Sad there's no copy-trading or other services to help beginners like me in the world of trading, but at least there's education and demo, so you can learn how to trade from scratch.

Date of experience: January 16, 2021
Hungary
1 review
0 helpful votes
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Support
July 27, 2021

On the good side, the team of this broker showed itself at the very beginning, as soon as it came to them. I had difficulty with replenishment. It was my mistake, but I myself could not figure it out. I knocked on support and received an answer surprisingly quickly. The chat manager got involved in my problem and quickly figured out what I needed. He gave a simple algorithm and the money was spent. Even then I started to like them) So far they have not disappointed, for which thanks. Professionals in their field.

Date of experience: July 26, 2021
Poland
1 review
1 helpful vote
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I paid attention to this broker because it seems to me that brokers are characterized by the attitude to traders. They express their attitude via various convenient tools and good customer support.
Customer support team was the very first thing which I noticed here because I asked them about deposit/withdrawal methods and they have explained me everything quite fast...
Nevertheless, I can; t understand why does this broker propose fixed account... there is a little amount of traders who prefer fixed spreads in my opinion... spreads are quite wide on this account.

Date of experience: June 22, 2022
California
1 review
1 helpful vote
Follow Nara M.
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At first I wouldn't believe that I was scammed by this platform, everything seems so real and true but unfortunately I found out that it was just a scam program, thanks to the company you can see in my profile/Headline for helping me recover everything they stole from me, including the return on investment mentioned above.

Date of experience: October 21, 2023
Spain
1 review
0 helpful votes
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Fast order execution
October 12, 2021

I was pretty amazed by the order execution here actually. Order execution takes up to 12 ms, which can't delight every trader who is fond fast and effective trading activity. Moreover, this one also provides you with broad variety of trading instruments and this fact also should b noticed by trading community.

Date of experience: October 11, 2021
Indonesia
1 review
3 helpful votes
Follow Akhil C.
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I always use exceptionally wire transfer. Everything because it seems to me that in this case my money are in safe. Of course, various payments platforms also protect money from being lost, nevertheless I tend to trust wire transfer only. This broker offers wire transfer from 250$ and it may take from one to seven days until my fund would be received. It's comparatively nice conditions. I like when the conditions suit my needs. In real life it never took over 3 days for money to reach me.

Date of experience: February 10, 2022
India
1 review
0 helpful votes
Follow Subal K.
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I can characterize myself as a very conservative broker. So, I stay away from young brokerage companies because I don't find them reliable enough. Moreover, I had several unpleasant experiences with young unregulated brokerage companies.
This broker is one of the oldest in the industry and it's well-regulated. It doesn't offer a lot of exclusive features but it's reliable and that's the most crucial thing for me.

Date of experience: June 1, 2021

Overview

HYCM has a rating of 2.8 stars from 193 reviews, indicating that most customers are generally dissatisfied with their purchases. HYCM ranks 4th among Brokerage sites.

service
80
value
35
shipping
2
returns
3
quality
84
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