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Only the best customer support for HYCM traders
The guy doing these webinars is actually an interesting trader and can point attention to some fundamental changes in the markets as soon as they occur. I.e at coronavirus breakout he did an excellent webinar about how this might affect different assets like gold, SnP index, etc. I take trading and feedback very seriously, so I wouldn’t want to be very positive about HYCM. I can see that this broker does everything to outpace the competition for the hearts and purse of traders. And HYCM is so far successful in this competition.
The Raw account has low spreads, but there is a $4 per lot per trade commission. The Raw account is favorable if you trade a high volume. We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We Forex brokers compare brokers by calculating all the fees of a typical trade for selected products. Moreover, thanks to HYCM – I realized the necessity of having several types of account. The range of markets feature on hycm is a good addition, although it is a utility that can be skipped.
I trade instruments unavailable here with other brokers. That’s a very good broker in a sense of reliability, of course. 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.
About The Firm and Security of Funds
Actually, this details was the main for me, so I can claim that everything is okay with it. It’s a regulated broker that automatically excludes any fraud scenario. The platform works quickly, I did not notice https://forexreviewdaily.com/hycm/ any delays. Orders are closed on time, for which a million big thanks. Awesome Oscillator is the only indicator worth my attention. I especially benefit from its bearish or bullish divergence signals.
- From withdrawal procedure to the quality of the terminal.
- HYCM’s parent company, Henyep was established in 1977.
- Traders can access their open orders and a ticket window by right-clicking on a specific chart.
- It offers a wide selection of quality educational tools.
HYCM has a consumer rating of 4.59 stars from 159 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with HYCM most frequently mention trading conditions, long time and minimum deposit.HYCM ranks 2nd among Brokerage sites. As well as taking care of customer problems, HYCM also believe in educating their clients, and to this end there is a great variety of online videos and eBooks available. Subjects https://forexreviewdaily.com/ covered include the very basic as well as more complex topics such as capital management trading psychology, market analysis, and trading strategies. Also included is a helpful guide to the MetaTrader 4 trading platform. Wherever you might be located, and whatever time it is, HYCM has a trading platform to suit your needs. There is the usual MetaTrader 4 family of offerings, as well as a brand new proprietary platform called “Prime Trader”.
The choice of a broker is about choosing a reliable business partner. Basically, I’ve chosen the regulated brokerage that offers nice trading conditions. The good bonus about this partnership is that they provide small facilities hy markets com that actually are helpful on a daily basis. On the official website I can find all the fundamentals at one place and as well there is a weekly market outlook. I also try not to miss the special webinars for HYCM clients.
The only thing you need to choose is the conditions you need and then you can make a choice. I don’t care much about what were the names of the rewards, but what it really should be rewarded for is its reliability. The broker’s been in the game since the emergence of online trading and even prior to that. It may https://forexreviewdaily.com/ seem like something not very significant, but when you start working on the market, you understand that it is spreads that can affect your result in one way or another. Withdrawals of the broker is the first feature that I pay attention to. Hycm withdrawals are not only swift to execute, but also free of charge.
There are always new horizons and here you can always change your decision drastically and see the situation from a new side. And this is what allows me to remain interested in this business for so many years. … I found myself in this company not so long ago, about 7 months ago.
I’m confident with the broker
Started more than 40 years ago, it’s probably the oldest brokerage service in my life. This is a very good assortment of choices for a forex trading broker. Have you had any experience with unregulated brokers? I mean only honest brokers who have not yet become so popular. I like trading with HYCM, but I’m too noobie www.hycm.com to draw a real conclusions yet. In November I have made +15% to my deposit, but I’m investing in long term and I boomed on stocks, I think that’s more about luck, than about my skills. Vast educational opportunities, including both free and payed education, so each trader will find something to improve its trading.
Getting started with HYCM is quick and easy, and most investors can open an account in as little as 10 minutes. The Classic Account is also a commission-free account with variable spreads starting at 1.20 pips pips on the EUR/USD, which is still wider than other brokers. The minimum deposit on this account is 100 USD, and traders can make use of expert https://www.ig.com/en/forex advisors. Fixed spreads for EURUSD are 1.8 and I doubt the classic ones can compete with this number. For me it’s much easier to have fixed predefined spreads rather than think about trading costs each time I enter the market. The broker is reliable regarding the withdrawals as well, which is why I can recommend it with a clear conscience.
Henyep Capital Markets Limited is authorized and regulated by the Dubai Financial Services Authority with license number F000048. I have been an HYCM customer for several years, so I can give an overview of the main features of this broker, which I find most appealing. A very good broker with a client-centric and user-friendly approach indeed. I know it is not a crypto exchange, but I just wish they offered crypto futures and options. RoboForex was recognized by the most respected experts of the financial industry.