After 20 years of trading with various FX brokers, I can confidently say this has been my worst experience. ***Their withdrawal practices are unacceptable and raise serious concerns !! Still I hav... See more
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There is no doubt HYCM is a very safe broker to work with. The regulatory commissions have top tier reputation among the trading community. Trading conditions are not ideal though. Fixed spreads could... See more
Real Scam Broker i open account and just singel tarde after 5 min i receive your Account is close and they did not send my payment i don,t know what is the resson even i send them email i did not... See more
THEY WILL BLOCK YOUR ACCOUNT AND NEVER PAY YUOR PROFIT.100% SCAMMERS.ALSO THEY NO MORE ACCEPT CLIENTS FROM EUROPE BEACAUSE THEY DONOT HAVE A LICENSE . NEVER OPEN AN ACCOUNT NEVERRRRRRRR
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Company details
Written by the company
HYCM is a leading online FX and CFD trading service provider to retail and institutional investors. With a 20+ year operational history and a strong focus on client satisfaction and technological advancement, HYCM has become the online broker of choice for investors across the globe, providing access to a range of asset classes, including currencies, commodities, metals, shares and indices. HYCM offers clients a complete trading solution together with all the trading tools and analysis needed to make informed trading decisions. Backed by state-of-the-art trading platforms, including its flagship multi-asset platform, the industry-leading MetaTrader 4 and MetaTrader 5, and mobile app, enabling clients to trade while on the go, HYCM has secured a strong industry reputation for delivering a trading experience that is second to none. HYCM is multi-regulated and part of the HYCM Group, an international conglomerate with years of expertise in providing financial services. The Group is represented globally with offices in the United Kingdom, Hong Kong, Cyprus and Dubai. * Your Capital is At Risk
Contact info
18 King William Street, EC4N 7BP, London, United Kingdom
- + 44 208 816 7812
- info@hycm.com
- hycm.com
Replied to 22% of negative reviews
Typically replies within 1 month
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𝖨 𝗋𝖾𝗀𝗋𝖾𝗍 𝗇𝗈𝗍 𝖽𝗈𝗂𝗇𝗀 𝗆𝗈𝗋𝖾 𝗁𝗈𝗆𝖾𝗐𝗈𝗋𝗄 𝗈𝗇…
𝖨 𝗋𝖾𝗀𝗋𝖾𝗍 𝗇𝗈𝗍 𝖽𝗈𝗂𝗇𝗀 𝗆𝗈𝗋𝖾 𝗁𝗈𝗆𝖾𝗐𝗈𝗋𝗄 𝗈𝗇 𝗍𝗁𝗂𝗌 𝗉𝗅𝖺𝗍𝖿𝗈𝗋𝗆. 𝖤𝗏𝖾𝗋𝗒𝗍𝗁𝗂𝗇𝗀 𝗌𝖾𝖾𝗆𝖾𝖽 𝗅𝖾𝗀𝗂𝗍𝗂𝗆𝖺𝗍𝖾 𝖺𝗍 𝗍𝗁𝖾 𝗌𝗍𝖺𝗋𝗍, 𝖺𝗇𝖽 𝗍𝗁𝖾 𝖾𝖺𝗋𝗇𝗂𝗇𝗀𝗌 𝗅𝗈𝗈𝗄𝖾𝖽 𝖺𝗍𝗍𝗋𝖺𝖼𝗍𝗂𝗏𝖾. 𝖶𝗂𝗍𝗁𝖽𝗋𝖺𝗐𝖺𝗅 𝖺𝗍𝗍𝖾𝗆𝗉𝗍𝗌 𝖿𝖺𝗂𝗅𝖾𝖽 𝖿𝗈𝗋 𝗐𝖾𝖾𝗄𝗌, 𝖻𝗎𝗍 𝖥𝗋𝖺𝗎𝖽𝖲𝗁𝗂𝖾𝗅𝖽𝖱𝖾𝖼𝗅𝖺𝗂𝗆 •Com 𝗁𝖾𝗅𝗉𝖾𝖽 𝗆𝖾 𝗋𝖾𝖼𝗈𝗏𝖾𝗋 𝗆𝗒 𝖿𝗎𝗇𝖽𝗌.
After 20 years of trading with various…
After 20 years of trading with various FX brokers, I can confidently say this has been my worst experience.
***Their withdrawal practices are unacceptable and raise serious concerns !!
Still I haven’t been funded, waiting for their awful whitdrawal process !!!
They charging me huge spread 70$/Lot Spread offered 10$/Lot
Before investing amount HYCM team offered many thinks, when deposit amount, nobody respond to solve problem,
They offered me 10$/Lot
When i started trading i got 25$/Lot Its more than double
I try to reach them to solve this, Nobody is care,
The problem is now facing huge spread from HYCM
70$/Lot
I will never recomend this broker,( Stay away )
Never to Trust them!!!
Never to Trust them!!!! *B𞥐ffe nPurlş* fought and my $156k came bvk making me smile it a relief.
This is the most substandard internet…
This is the most substandard internet platform. Deposits went through, but every cash-out was rejected. After three tries, support halted me. Luckily, a search pointed me tor̺͆e̺͆t̺͆r̺͆i̺͆e̺͆v̺͆i̺͆s̺͆t̺͆a̺͆, and they fixed it promptly.
Do not trust them
Do not trust them! I deposited with ease but couldn’t get my money until I had help from Ve_rtel_waves
HYCM are Thueves snd liars
I made $13,000 in profits on hycm and went to withdraw and they said I would have my funds in 30 minutes, which 24 hours later they changed to 90 days. Now they won’t respond and are stealing all my money. The are criminals do not deal with them if you want your profits

Reply from HYCM
Still works like a charm
Still works like a charm
However i didn't make that much of a profit in this past few months duo to rapid conditional changes in market behaviour
But other than that, everything works just like it used to, slippage may happen during market news and high volatile situations or geopolitical news so manage ur position size and risk accordingly during those times.
but other than that, u can still count on this broker
This company has scammed me out of more…
This company has scammed me out of more than $100k. They will charge you with things just to get you to pay more money and never allow you to have your money. This is a scam

Reply from HYCM
No processing withdrawal…
have an account with HYCM that I opened last year, and I have incurred losses of $9,000 so far.
I decided to withdraw my remaining funds of $3,900, but I received an email from HYCM on February 18, 2025, stating that my account has been closed and my withdrawal request has been canceled due to swap abuse. I was trading in gold, silver, and indices using take profit (TP) and stop loss (SL) orders. Many of my trades were closed based on these TP and SL levels. Initially, I held gold trades with the expectation that prices would rise due to geopolitical issues. However, when my relationship manager flagged this strategy two months ago and advised against holding these trades for too long, I decided to close all of them. I then began using my account for future contracts only, trading indices based on price action charts while continuing to implement SL and TP.
I have since lost access to my account, and the notice about not being able to withdraw my funds seems unjust and reflects unethical practices. Overall, I've lost $9,000 in this account, and I am requesting to withdraw the remaining funds of approx $3,900 back to my original source.
In summary, I find HYCM to be an unreliable broker. They can create withdrawal issues at any time and remove access to your MT4/MT5 account without warning. I advise others to stay away from HYCM.
This company never failed me since…
This company never failed me since 2017. They are a trusted broker. I stopped trading during the pandemic but came back again. Still a good broker to trade with. Special mention to my mentor Muzakir. A very good one from HYCM.

Reply from HYCM
This Company is Fraud!
I make a post yesterday that this company making scams with peoples,if we made loss then its ok, and if we make profit this company close our account and theft the profit, now they are saying that my Documents are fake and blah blah, like they are making excuses, First they chack my Documents and verified the account then i make the deposit,

Reply from HYCM
THEY WILL BLOCK YOUR ACCOUNT AND NEVER…
THEY WILL BLOCK YOUR ACCOUNT AND NEVER PAY YUOR PROFIT.100% SCAMMERS.ALSO THEY NO MORE ACCEPT CLIENTS FROM EUROPE BEACAUSE THEY DONOT HAVE A LICENSE . NEVER OPEN AN ACCOUNT NEVERRRRRRRR

Reply from HYCM
BIG SCAM BROKER
BIG SCAM BROKER!
When you make profit they cancel and close tour account without real reason.
This broker only want you lose money. STAY AWAY FROM THIS BROKER!

Reply from HYCM
Real Scam Broker i open account and…
Real Scam Broker i open account and just singel tarde after 5 min i receive your Account is close and they did not send my payment i don,t know what is the resson even i send them email i did not recive any replay my
Amit Singh
big scammer mt4 220008818
big scammer mt4 220008818
hycm closed my all trade position blocked my account . after full verified my account they are full scam company.

Reply from HYCM
Diversity.
There is a recurrent theme of this forex broker and it’s the admirable diversity in every aspect.
a) It provides the diversity in the trading instruments area. I can trade all sorts of assets here, across multiple financial markets.
It is even possible to perform a proper investment with HYCM. Real stocks are available up for grabs for everyone who is fond of fundamental analysis.
b) Diversity of accounts. Accounts with fixed or variable spreads, commission-based and so on.
c) Diversity of trading platforms. Actually in this aspect the two of the most renowned platforms are more than enough.
It’s not the complete list of diverse features of Hycm. There are a lot more than that.
They professionally made me fall in…
They professionally made me fall in love with them and I wasn't actually against it. Because everything there is made with taste. That is very important for me and I guess there are people that share my point of view.
Everything they do they think twice before doing! There is always very understandable reason for anything that you can find in HYCM!]
During my time trading with the HYCM
During my time trading with the HYCM, I have find them to be quite reliable. However, there have been some minor delays in execution that I have noticed during times of high market volatility. While these delays have been infrequent and minimal, I thinked it was important to mention them.
Nonetheless, I still have a lot of confidence in HYCM's reliability because to its extensive experience, regulatory compliance, and responsive support team. Without a doubt, HYCM remain a reliable partner in my trading ventures, and I am confident in their continued dependability.
I am so lucky I found this genius…
I am so lucky I found this genius company. That is just too good to be true, for real!!! Since I logged in for the first time, since that day, I have never, ever, ever complained about a single thing. I guess, their team is just all top level engineers. I am spreading my whole day on their web page. I am reading every blog post they did, trying every single new stuff they implement(thank God they do it constantly) and new features. In general they dont have weaknesses, very top top broker, why? Here are just a couple of reasons. Trade execution is my favorite but spreads are always unnoticeably small. Keep it going HYCM, All the best!
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