In fact, I think it's difficult to note any features or vivid characteristics in this company, because everything is within the standard. But if you look from the other side and evaluate them as a regular forex brokerage company, then in general you probably won't have any special claims, because they really tried to organize everything so that you wouldn't have any special questions and you could trade calmly. I think a lot more depends on your personal preferences. For some people it'll be okay, and for some people it's not enough.
Everyone says that if the broker has got all the regulations and has been on the market for so long - that must be an excellent choice. of the brokerage. I used the same logic choosing it to be my broker a few years ago. well, I can tell that I really don't fear to lose all my money because of some fraud on their side. Yet, there is the other side. A truly reliable brokerage like this one knows that people will register with it anyway, so they don't really care to have the lowest fees on the market. I guess this is a kind of a choice that you have to make here: either best trading fees or great reliability. Personally I tend to think the second one is more important, that's why so far I'm staying here.
The first time I heard about this company, when a friend told me the content of some hycm reviews, he was impressed by the conditions studied and was going to start working with this broker. I was also interested in it and in the evening I came to the website of this company to view all the details. I liked the conditions, and I immediately passed the registration to try the market live. Before that I already had experience, but a very long time ago, so I had to start anew in some way, but it turned out that I was very comfortable to trade here, because the terminal was understandable, and there are quite a lot of assets. I immediately started to use raw spreads, because it seemed more profitable to me, and I guess I was not wrong.
I've read quite a lot of hycm reviews in the last few weeks, and I wanted to write mine. Since I've been trading recently with this broker, things that I wrote here may not be perfectly objective, but I will try to do my best. As I have already written, I've started trading with this broker recently, maybe for a couple of months. The first thing I liked about hycm was the user-friendly website. It has everything - information about the types of accounts, tools that will be very useful in trading and so on. But what I liked the most is the test to determine what type of account will suit for different traders. This is very helpful, because the test takes into account the volumes of trades and other indicators, and on their basis you are selected the type of account. Trading conditions are ideal for those who trade more professionally. All beginners and amateurs will hardly like hycm. I also noticed that this broker has an excellent regulator and everything is okay with its registration. And since I still trade with this broker and it won't change soon, this is a positive hycm review.
I think that modern brokerage companies are trying somehow to take into account the wishes of their clients, and this is certainly good... However, if you look a little closer, you can understand that in fact, little has changed. For example, this company is one hundred percent of classic brokerage companies. And for some traders this will really be enough. But for progressive traders, who are interested in copying or passive trading formats - it will probably not be interesting...
Working with broker proved to be comfortable. I wouldn't say that the level of my trading somehow increased significantly during the year of working with this brokerage. But it seems to me that it isn't the broker itself, but my trading skills :p lol But all I expect from my brokerage and its work - I get, so I have no complaints to it at all. Of course, the broker has some small flaws in the technical part, but they don't really affect my work, so it doesn't bother me.
I have read a lot of hycm reviews before, but I have never written mine yet. So I decided to do it now. I opened a account with hycm about a year ago. Before that I worked with not the most pleasant and honest brokers, so I immediately liked this brokerage. I opened a Classic account, trading conditions at which: floating spreads from 1.2 pips, minimum deposit of $100, minimum trade of 0.01 lot, it is possible to trade through Expert Advisors. I was more than satisfied with such trading conditions and I was happy to start trading with a broker. I also liked the fact that a broker is very serious about withdrawals and stuff. My money always comes on time, their withdrawal is not delayed and the broker doesn't charge any additional commissions. So, in general, I'm glad that I opened an account with hycm, because it's a pleasure to work with it. In its work there is no scam, hidden intent to deceive you or anything else. This is the most common broker, which has a regulator and a desire to work with its clients for results.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.