20 reviews of HYCM are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I have 2 years experience in live account and half a year in demo. So what can i say is that i didnt face any problem that couldnt be solved with HYCM. I trade currency pairs like USD\EUR and sometimes i like to play with metals. well, spreads are stable, there are no slippages, withdrawals are rather fast (idk maybe im just lucky) - what do you need else. they have very fast help line and they always try to help - sometimes they achieve it. my experience is very positive and i checked everything by myself. i strongly recommend and cannot agree with last opinions for sure.
Good enough. Have both positive and negative moments. I use demo now and study their materials! Now i understand and know more!! Education is the best part!
Too many off quotes, they do not allow your EA. They do not allow Sell Stop / Buy Stop, server too busy during the data time. They also tend to change your Profit orders to loss, they edit the closed orders. Be careful!
Not good broker ... 2 weeks and nearly 10 tries to order completed with Off Quote. For those who no idea about the message, this error appear when broker doesn''t give you quotes (or have no liquidity) or just don't want you to trade in the given moment of the error.
In my case they denied me to compensate me (because servers works well) and they have no idea why their servers gives such error ... SCAM broker.
Also communication is extremely slow, non informative. Live chat doesn''t respond half of the day. When it works, the responds are too slow.
If you think they compensate you when there is a trouble? Forget this idea.
I'm on the way to ask FCA and Financial ombudsman what a hell is going on with this broker and why it is now properly regulated.
My trader expert opinion: DON"T USE HY MARKETS!
I stopped trading with HY last year. I opened an account, traded for some time and then withdrew the surplus. It took me a week to trade, then a week to withdraw my money.
Please somebody explain me what kind of broker does nopt allow to saet orders? That's the first time I actually faced such a problem, They just don't let me trade the way I want to. I have my own strategies, but I cant to use them - that's because they don't let one set BUY STOP and SELL STOP. HOWISIT?!!!
Well, and it takes much time to withdraw funds. Fortunately, I had no withdrawal problems.
So, what can I say - that's not the best choice as for newbies, actually for experienced traders either.
P.S. I don't remember my account number so dear administrators, I'm sorry.
i didnt ever have any problems with withdrawal either, think that guy is a troll or just making provocations, it happens on forums
withdrew money and get it after 7 working days .
Very good broker
your money can stole in hy markets;
look at my mail
have profit in my account.
ıf you dont gıve my profıt ı wıll complaınt you to FSA
also ı wıll wrıte all of thıngs forex factory, fxstreet and the others forex forums..
you cant stole my money!!!!
Have an account with HY Markets over a year now: don't have any problems fast execution, tight spreads, withdrawal takes 5-6 days which is fair enough for me. From all the brokers i tried to work with HY Markets is the best one.
I've got use to the platform now. It does lag a little more than forex.com (the only other platform i've ued). I also opened up a easy-forex.com account. I'm not that experienced but the HY MARKETS platform is the best. forex.com was sometimes time consuming when doing relatively simple things(setting stops and takes), and getting from graph to graph. I like the simplicity of the platform and i'm sure the lagg issues will get resolved over time... I should mention that in New Zealand we are only just getting optical fibres so the lagging problem is probably nothing to do with the HY servers. So overall, HY MARKETS works for me!
GO THE ALL BLACKS!!
I am trading with hymarkets since a long time, and I really satisfy with this company, I started with web trader when I had no experience with trade, and then I upgraded to meta trader 4 and it is really a good platform that they have.
the deposit takes only seconds, and the withdraw takes maximum 5 to 6 days, which is acceptable, I am not in rush for withdraw, and I can wait to collect my profits.
actually I checked almost all the forex companies, and I didn't find full collection of facilities as hymarkets do.
they provide bonus for each $1000 deposit, they have good platform, they have really good expert accounts managers as well, and they provided me access for trading central strategies which is very useful in direct advice.
when I deal with a company, the first thing that I want to know, is it a regulated company? is this company has a good profile?
actually hy markets run since 30 years, and belongs to very big and famouse group called Henyep Capital Markets. and it is regulated with FSA.
I really like the company services, and I trust it very much.
HY MARKETS is an excellent broker, their customer service is great. They provide all type of trading tools which are important to trade. Trading with them is a pleasure.
Great service and platform . Extremely helpful. Its a pleasure to be associated and trading with this broker.
An Amazing trading platform and website, the service is very good and professional account managers,
they have a VIP customer service department which provides a very good aid in trading and news reports..
Deposit and withdraw are very easy and simple, and it's regulated from FSA in LONDON which is very much important.
I advice everyone interested to register and trade with them as they are the BEST in my openion.
I've been using HY Markets for over a year now. Customer service is fair to middling. Much depends on getting into contact with a native English speaker. I had a few hundred bucks deducted from my account after placing an order that didn't go through. Customer service guy, probably a Chinese speaker, kept on asking for the order numbers, even though I repeatedly told him that the orders did not go through. Finally was given an e-mail address for a native speaker who apparently refunded my money, although I never got an e-mail or anything, just found the money in the account again.
The website often hangs and so forth, which I can handle, but about a week ago, the website was down for a day or two, and today it has happened again.
If none of that bothers you, I encourage you to give your money to HYMarkets.com. What's the worst that could happen?
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