HYCM Reviews Read Customer Service Reviews of hycm com

Let’s take a look at a few of our favorite easy-to-use features available for a forex trader like yourself. HYCM’s primary trading products are forex currencies, gold and oil, which means that commission works a bit differently than most brokers that trade primarily in stocks. Instead of charging a flat-rate fee, forex brokers typically charge a spread between the bid price and the ask price of a currency. Variable spreads start as low as 1.2 pips, while raw spreads begin at 0.1 pips, providing tighter pricing for professional and high-frequency traders.

HYCM research tools

A big miss here from the broker is the fact that scalping is not permitted. This includes hedging and the use of EAs as a kind of auto trading feature. This is how much you need to purchase to open any kind of trade. CFD trading in crypto is available from HYCM but only to HYCM Limited clients only, and not for EU clients. There is a 1% processing fee for Skrill and Neteller withdrawals of over $5000.

What are the pros and cons of HYCM Markets?

The company is managed by a team of experienced professionals who oversee operations, ensuring regulatory compliance and delivering a top-quality trading experience to clients. It is important to note that the broker is currently working to improve the functionality of its trading platforms, and soon these features will be updated across platforms. Reliable customer service in case you experience any problems is absolutely crucial. From our experience, the company’s customer support is very fast, reliable, and always on top of their game.

Pros will prefer a VIP account, which requires an initial deposit of $ 10,000.
You should consider whether you can afford to take the high risk of losing your money.
But I understood that only in practice will I be able to understand what suits me and what is not.
With a minimum deposit requirement of just $20, the Raw Account is accessible to traders aiming to minimize trading costs while benefiting from precise pricing.
If you miss a live webinar, you can view past webinars right on the HYCM website.
I’m really pleased to trade with this broker mostly because it suits me.

HYCM Capital Markets Ratings at a Glance

But more than 40 years of experience in the forex trading industry distinguished HYCM from its competitors. The market forecast contains the most recent news, opinion, fundamental and technical analysis. It is constantly updated and goes into hycm review considerable depth, including graphic charts. This can help to generate prospective trading signals while also being valuable if you have an open position that you are monitoring. Education is a strong tool for traders, which is why they value it at HYCM. HYCM’s educational seminars and workshops are designed to provide you with practical information and put you on the fast road to achieving your financial objectives.

If you want to make crypto deposits and withdrawals, you could try KOT4X.
Any time that a fee will apply to an action, HYCM will list it clearly on the relevant part of the website, something that this review appreciates as it means there are no hidden fees.
We are dedicated to maintaining high editorial integrity and transparency during reviews or other posts.
However, potential clients should do thorough research first.
So I decided to stay here to trade.Also I got good financial instruments, 100$ minimum deposit, signals and cfd, good leverage, everything suits me fine.This is a reliable partner.

HYCM Capital Markets Trading Platforms

In fact, I analyzed and tried all the services that are presented here. Yes, it costs me some time and even a small financial loss. But I understood that only in practice will I be able to understand what suits me and what is not. So, I didn’t get upset about it and by choosing the right format of work I recovered everything I had spent quickly enough.

Fixed Account

HYCM has a TrustPilot Score of 4.1 out of 5.0 from 183 reviews. Headquartered in Hong Kong, the Henyep Group operates a diversified portfolio of businesses across Asia, Europe and the Middle East. As a regulated entity in these jurisdictions, HYCM is authorised to deal in CFDs, Rights to Interests in Investments, Rolling Spot Forex and Contracts for professional and retail customers. HYCM is a heavily regulated broker and has a long history of operations.

Money Protection

All of the most important information is viewable from smartphones or tablets, but you will miss some details, such as specific features available on the trading platforms. As such, we suggest that if you cannot find the information that you want on the website via your mobile device, open it on a computer and you may find the answer. HYCM is a market maker, and the broker has a clear execution policy outlined in its documentation. With these EAs in place, you can trade 24/5 and automate your trading strategy.HYCM’s MetaTrader 4 platform incorporates Trading Central. This mobile version of MT4 is fully featured, although it does require working on a smaller screen.