Broker to Trading

If you take into account bonuses first when assessing brokers, then this broker is not for you. But if you put reliability first, you will not have any problems with this broker. I mean that you will not have withdrawal and execution issues here. It’s a regulated broker started as a financial company more than 40 years ago.

HYCM review

The broker does not yet have a proprietary platform, though it’s coming soon. Currently, it incorporates the renowned MetaTrader 5 and its predecessor MetaTrader 4 .

Fixed account

Belonging to a serious financial holding, which has traders around the world, proves it. www hycm com If you want to avoid problems with the broker, work with the personal manager properly.

HYCM review

My profit from time to time I withdraw to my card. I suppose it’s easy to make money with any broker, especially with this one. Everything is because this company for me is a top 3 brokers I have traded in my life with. The conditions here are universal and might be suitable for all types of traders. I don’t have a problem with the broker having the MetaTrader platforms as the only platforms available. The MT4 and 5 satisfy the needs of traders and I don’t see a reason not to like them.

List of HYCM website languages

I opened a Fixed account because I needed fixed spreads for night trading. As for my words that it’s “universal” I mean that it caters to both scalpers and long-term traders.

  • More or less standard broker, reliable, works well.
  • Nevertheless, HYCM is quick to respond to any customer issues and have them rectified in a professional manner.
  • My best friend couldn’t get a job for a long time and was very nervous about it.
  • Fixed spreads for EURUSD are 1.8 and I doubt the classic ones can compete with this number.

For opportunity to get vip stsuas of your account you need to execute special conditions in order to get it. I’ve been trading with HYCM for about 6 months and Forex brokers I cannot say anything bad about this broker. I believe that it is better to learn mt5 as it is more modern and updated, it can offer much wider functionality.

Customer Support

It is great that the broker cares about traders’ preferences. You should attentively choose a trading platform when registering a trading account with this broker. If you already have an MT4 trading account and want to shift to Metatrader 5, simply open a new account but choose MT5 this time. You can trade on both accounts or transfer funds from the MT4 one to the new account. HYCM is a reliable brokerage that I’ve been working with for half a year now. When I opened an account with it, I already had some experience in trading.

HYCM Review 2022

Finding a Forex broker with such an enviable pedigree is definitely going to be advantageous. If you want to know more about their service keep reading this www hy-markets. I am not going to bore you with the technical terms but this broker has low trading fees relative to other brokers. I pay less when trading with this broker than I do trading with the others. When your broker is licensed, its activity is supervised by a financial watchdog.

The apps can be downloaded from their respective stores. Swap-free Islamic accounts are available on all account types. The demo account is preloaded with $50,000 virtual money and it is available to all clients. As regards its non-trading costs, there is a maintenance fee charged on dormant accounts, which is normal for the industry. HYCM also has very good conditions in terms of deposits and withdrawals.

HYCM Key Takeaways for 2022

This can be important because theinvestor protection amount,the maximum leverage allowed and the regulator differ from entity to entity. Unfortunately, only the clients of HYCM’s EU and UK entities are covered by investor protection. For a more detailed guide on how to use technical analysis, we recommend you visit Trading Central (under the ‘Tools’ menu item in the Personal Area area) and consult the help section . Changing the leverage is a very useful feature when you want to lower the risk of your trade.

If you are looking to trade on the HYCM mobile app, the broker offers mobile support for both MT4 and the PrimeTrader, which are available for download on the Google Play and iTunes stores. The PrimeTrader might have a few teething issues, especially due to the individual nature of the platform, which may diminish your trading experience slightly. Nevertheless, HYCM is quick to respond to any customer issues and have them rectified in a professional manner.

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