HYCM customer reviews

Updated: November 12, 2025
HYCM
220
Summary
Reviews about HYCM are strongly divided. Many traders praise the broker for its long-standing reputation, regulatory background, and advanced technology. Positive feedback highlights fast execution, tight spreads, multiple account types, and diverse trading options across markets. Users also appreciate HYCM’s professional support team, educational resources, and constant platform improvements. Some emphasize the broker’s reliability and adaptability over the years, calling it a trusted and innovative partner. However, several users report severe issues, claiming the company blocks accounts, cancels profitable trades, and refuses withdrawals without clear reasons. These accusations describe HYCM as a scam, alleging unethical practices and lack of transparency. Overall, HYCM receives both strong endorsement from loyal traders and serious criticism from those alleging fraud and withdrawal problems.
Darryl Einspahr
28.07.2025 | 05:36

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

Omid
28.03.2025 | 12:32

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

Frank Williamson
21.02.2025 | 16:08

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

Manoj Maru
19.02.2025 | 12:51

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.

Jel Villa
17.06.2024 | 15:37

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.

Abubaker Sabri
12.06.2024 | 22:00

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,

reza hrh
12.04.2024 | 15:51

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

Sisilia Yuliana
22.03.2024 | 08:56

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!

Muhammad ayub Hassan
19.01.2024 | 14:47

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

MD KHAN SAMSUR RAHMAN
30.09.2023 | 10:08

big scammer mt4 220008818 hycm closed my all trade position blocked my account . after full verified my account they are full scam company.

L. kasun
18.08.2023 | 23:11

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.

lucas
17.08.2023 | 09:26

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!]

Damocles
31.07.2023 | 14:14

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.

Sabri Imran
30.06.2023 | 13:10

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!

albert kelemen
27.06.2023 | 23:00

If you are not using Hycm, you either don’t know what it is or you are losing a lot!!! Everything is excellent about them:They have no commissions, super low spread, big experience!!!🤯🤯🤯

Em. Su Ho
05.06.2023 | 16:29

They have a team of dedicated support professionals who are always available. Additionally, the expert insights into the market provided by HYCM's team of analysts helped me put together the pieces of the market puzzle to make profitable trades. I can tell you that their webinars are invaluable in terms of providing valuable information to facilitate success. In short, if you're looking for something that is more than just a tool, then HYCM is the one for you. With HYCM by your side, you can be sure that you have a reliable partner. I guess that is what is important to me in this industry.

Elian Dobrev
30.05.2023 | 08:24

Looking back at my early trading days, I recall exploring various brokerage firms to enroll in. One of the choices that caught my attention was HYCM. This happened around two decades ago, and opening an account was more complex compared to these times. It is impressive to see HYCM's ability to meet the constantly changing demands of traders by offering an advanced platform. This achievement is rare among brokers and worth applauding.

Brian
26.05.2023 | 11:31

After all those years in the industry, and I am still seeing they are coming up nicely with the upgrades, improvements and new features. Thanks to them, I also improve as a trader.

Ram subramanian
20.05.2023 | 19:49

I think this broker should have created its own trading platform. But MT is fine

paul nistor
19.05.2023 | 10:58

HYCM is a cool borker that's been around for a while. They're legit and offer great trading conditions like quick execution and tight spreads, puls they've got different account types depending on how yuo trade. HYCM always stays ahead of the game with dope tech, so you can use the best tools out there. Whether you're new or experienced, HYCM is reliable and awesome.

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