HYCM (Henyep Markets) — an overview of the trading platform

Min. deposit
100$
Min. trade price
5$
Website address
hycm.com
Profitability
82%*
Demo account
No
Currency
AUD EUR GBP USD
Supported languages
Eng Rus
Active
Yes
* The amount that will be credited to the account in the case of a successful deal

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 4.4,
according to 231 reviews

4.5 Stars
Vedran Corluka
Vedran Corluka
stars
hr
Let me add some math to trading! This comment is for math and statistics lovers like me. Broker HYCM provides its clients with many services. For me, the most interesting is section on broker's website devoted to calculators. Here you can calculate the most important indicators. For this purpose, broker has 3 calculators: Pip Calculator, Currency Converter and Margin Calculator. Thanks to these calculators, I can check all costs even before opening deal.

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Ranger
Ranger
stars
de
we got the power to make our future by our own. this is cool that hy affiliates programm allows making money and changing the way we live

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Grongru
Grongru
stars
fr
I have trading at HYCM long time. Made a lot of 💵 on crypto🪙 last months. Broker with best condition!❤️

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Biton Alanis
Biton Alanis
stars
gr
As i remember, these guys have been operating since the 20th century. unfortunately, there are not many useful hycm reviews. so i wanna show my experience and give so advice to the young generation. The broker stays with the classic metatrader trading platform and range of different markets: -forex -stocks -indices -commodities All markets fits with relevant leverages. use multiplier with mind. fortunately it is not as big so make sure it fits with your risk and money management. For those who dont know how to deal with it and trade safely, please check broker's education materials, webinars, seminars and workshops. Company has different account types accorfing to your trading scenarious, so it would be easy to start. Do not forget that it is just a tools and you need to trade by yourself. After all, this broker is well regulated and has clear regsitration so there is no worry for earnings and funds to be in danger. So far so good I like this broker and recomend it to my trading collegues.

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Rahmat Tamba
Rahmat Tamba
stars
id
In addition, I can leave my review. In the beginning, I lost two deposits in a row. Not immediately of course. I just came without preparation and made boreder according to the news and my own thoughts. The moment when I lost the money I thought everything was a scam and that it was impossible to earn here. Then I read a lot of books and decided to try again with hycm. First of all, because I liked hycm reviews. And the fact that the broker has been in the market for decades... I use RSI, CCI and MACD and stochastic indicators. I use at least two indicators at the same time. I follow the economic calendar and do not trade during news. I have losses, but now they are smaller and I am coming out in profit. To everyone who lost a deposit, I want to say - learn and do not give up, especially if you like it. I also tried to work with shares using the same strategies and I fixed my profits there as well.

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Valters Balodis
Valters Balodis
stars
lv
It's one of those companies I trust. 1+ year of trading with hycm has passed and I made my conclusions. Top broker, no doubt

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Storm
Storm
stars
fi
a well-regulated company with plenty of conditions which woudl certainly amuse traders :D at least i have no complaints after trading here, the only thing is that 1:20 leverage for ETFs is too smal for me.

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Big Guntan
Big Guntan
stars
gr
Quoting the website "The HYCM Group is a global corporation with a diversified portfolio of businesses spanning Asia, Europe and the Middle East.". You can definately rely on HYCM. Trustworthy broker!

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Gatas
Gatas
stars
ie
HYCM provideas crypto trading with low leverage. I lost plenty of money because of high leverages on cryptocurrencies. I control myseft now :D I would note broker is trustworthy

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Aivar Ilves
Aivar Ilves
stars
ee
I've been dreaming of a vacation for the last two years... My job didn't allow me to rest the way I want, and one day I realized that I'm not that smart I'm a fool because I don't take advantage of the internet and marketing opportunities nowadays. So I decided to be an affiliate. I made decent profit with hy affiliates and withdraw it. Still, affiliate marketing quite a hard job to do. You need to do it full-time, while I can't or don't want... You vbetter try it to make your own desidion.

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Sid Mathai
Sid Mathai
stars
in
Well,in my opinion, all the brokers have to comply simple rules: be responsive and responsible, be reliable and always develop the service in a better way. However, not all the brokers comply with these rules. I have plenty of experience in trading and faceed such brokers who aren't reliable at all. Nevertheless, HYCM is different. Fortunately, everythinjg was as I expected. Can be reccomened!

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Hatice caku
Hatice caku
stars
tr
I want to thank to HYCM team and especially to Mrs Ilona who is my account manager.

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Brandon Anderson
Brandon Anderson
stars
gb
I started to work with hy affiliates several months ago and I alredy got some results. I feel that it is mostly because of the analytical tools which they provided me with and youtube videos on how to analyze certain indicators in order to take the most effective decisions. Surely, it needs time to grasp everything correctly as it is a brand new subject for you. However, with the passage of time, I got some idea of this business and I think that I started to understand it. So, I could pick the payment metrics which suit me best and started making some profits out of it.

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Emil Lewandowski
Emil Lewandowski
stars
pl
As for me, I like the fact that hycm has different account types which are suitable for some certain style of trading. It is a common knowledge that people trade differently and they definetely need different trading conditions. Hycm has a quiz which helped me understand which account type to choose.

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Twan
Twan
stars
nl
This broker seems to me the best alternative to other ones. I have tried so many brokers, because I have a solid experience in trading but this one made remaining with it til the end of my career I believe. There are fascinating conditiosn concerning forex trading, spreads from 0.2 pips and the maximum leverage is 1:200. That's a heaven.

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Haramain
Haramain
stars
th
I just want to make it clear: affiliate marketing is not just a piece of cake, it is neither a passive income nor the source of easy money. In order to be a success you need to work really hard and keep your motivation because the results will come only after some period of time. My idea is that HY affiliates provide an outstanding service for the partners of the program. Actually, this very fact is mentioned in the vast majority of hy affiliate reviews. Many partners agree on the importance of support both technical and mental. I mean that hy gives me lots of tools for analyzing the traffic and tracking down the results. Apart from that, there is also a manager who I can turn to any moment I need and he will provide with all the necessary information promptly.

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Matěj Berky
Matěj Berky
stars
cz
The decision to earn passively with the broker was quite spontaneous for me. Before that I was used to trading manually and it suited me. I never cared about other ways to earn with the broker. Of course, I heard about affiliate programs before but I never took them seriously. I thought that a trader should be able to trade manually and the rest doesn’t matter. Nevertheless, someday I stumbled on hy affiliates reviews and decided to try this stuff. Perhaps, I was lucky to be in high spirits once these reviews came to my sight. Maybe I would neglect it being in low spirits. So, I’m already earning with this program for two months. At first I wanted to stick with the CPA scheme but then changed my mind mind and decided to earn from each lot traded by the attracted persons. Luckily I knew in person several experienced traders and brought them here. Just two guys, but as of now it’s enough for me.

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Moti Shah
Moti Shah
stars
in
Love HYCM and the spreads offer. Thanks!

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Ignazio Piccio
Ignazio Piccio
stars
it
I was pretty surprised by the fact of existence of special form which consists of five questions, which help you to determine which type of account is the most preferable for you. Sometimes, traders overestimate their skills and knowledge and choose the wrong type of account and they complain about it and regret about it.

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Imrich Bajnok
Imrich Bajnok
stars
sk
I really feel that HY affiliates is a nice place for the beginners in affiliate marketing because they provided me with all the tools necessary for the analysis of the traffic and everything which could help me become better in it. Apart from that, I also received a professional support by the manager who guided me.

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Review of well-known and promising brokers: HYCM (Henyep Markets)

Choosing a promising financial broker, many traders faced such an outstanding company as HYCM (Henyep Markets). More precisely, with its successor – HYCM (after 2016). Why a broker with 40 years of experience in the global financial market had to close his trading platform and transfer his clients to a new web resource, the world wide web (as well as the owners of the company), is silent.

 

HYCM review

 

This incomprehensible commercial move dealt a serious blow to the broker’s reputation. Many specialized resources added it to the “black lists”, emotional comments appeared on the forums that this company is a group of fraudsters, about the huge amounts that the organization allegedly stole, etc. But even after a cursory study of the activities of HYCM (Henyep Markets ) there are serious doubts about the veracity of such statements. Yes, the broker site stopped its work, but the resource owners continued to fulfill all their obligations, the assets of the broker’s clients did not suffer, they were given the opportunity to continue working on the new website using old accounts. It turns out that there were no fraudulent schemes, and negative reviews – these were completed orders of competitors who were afraid of such a strong opponent. In order to be convinced of this or disprove this statement, it is necessary to study in detail the activity of the broker, focusing on objective facts and independent observations.

Why traders register accounts on HYCM (Henyep Markets)

Despite the solid “track record” of the broker HYCM (Henyep Markets), its trading platform existed for less than a year and in 2016 the administration of the web resource announced the closure of the official platform. Of course, this does not look quite logical, but most likely, the project organizers had their own reasons for making such a decision.

Customer safety

The fact that the money and information of traders who have decided to cooperate with HYCM (Henyep Markets) are in safe hands is evidenced by the immaculate “moving” of accounts to the new trading platform in 2016. Today, a well-known SpotOption platform and an application developed for HYCM (Henyep Markets) are used to operate the web resource, which allows you to carry out affordable financial transactions using mobile devices.

Users’ money is kept on separate accounts in large European banks, which guarantees the safety of deposits, regardless of the financial condition of the broker. In the case of almost any problems, traders can contact the support service (working around the clock, seven days a week). For communication with qualified specialists are used: telephone, e-mail and online chat on the company’s website.

Who controls the broker’s activity

Many traders claim that they would not hesitate to re-register their login with HYCM (Henyep Markets), since the broker’s activities are regulated by serious institutions. That is, users do not need other guarantees, except for the licenses of these organizations.

In this case, the broker’s activities are monitored:

● UK Financial Services Authority (FCA).

● Cyprus Securities and Exchange Commission (CySEC).

The latter institution enjoys prestige in almost any European country. This is due to the rather high reporting requirements of brokers, as well as decent fines and the cost of licenses that CySEC management has established.

Training

Even a novice with a zero level of training, after studying the training materials posted on the broker’s website, will be able to earn money by entering into transactions with financial assets. The course includes: a brief glossary of terms, an introduction to the basics of online trading, as well as interactive e-books with graphs, tables and illustrations.

Also, the administration of the web resource offers its users to consolidate their knowledge in special webinars or take an additional course in online classes. Unfortunately, at the moment HYCM (Henyep Markets) does not provide a demo account that allows you to enter real transactions using virtual money.

General Information about HYCM (Henyep Markets)

Analyzing the reviews compiled about HYCM (Henyep Markets), one can see that most experts insist on the following classification of broker trading accounts: silver (deposit from $ 100), gold (deposit from $ 2500) and VIP (from $ 10,000). But on the official website there are the following types of accounts:

● fixed (with a deposit of $ 100);

● classic (from $ 100);

● RAW (with a deposit of $ 200).

In order to avoid misunderstandings during registration, if you have any questions about the choice of a trading account, please contact support (how to contact, as indicated above).

Trading Terms

● The minimum deposit is $ 100.

● The amount of the bet – from $ 5.

● Potential profit of contracts – up to 82%.

● Types of contracts – pairs, ladder, one touch, 60 seconds, daily and long-term options.

● Demo account – no.

● Currency accounts – British pound, euro, Australian and American dollars.

Methods of depositing / withdrawing funds

If you look at the specialized resources left by users about HYCM (Henyep Markets), you can conclude that for our compatriots the minimum deposit of $ 100 and the set amount for withdrawal – $ 50, are quite large. Not every trader will risk such money, especially when it comes to the first rate.

To deposit / withdraw funds, you can use:

● Transfer through a banking institution.

● Webnoney.

● Debit and credit cards (Visa, MasterCard).

● Moneta.ru.

● Skrill.

● Neteller.

Assets

In addition to the binary options on the submitted trading platform, CFD contracts are available, as well as the following assets:

● Currency pairs.

● Indices.

● Cryptocurrencies.

● Promotions.

● Precious metals.

● Raw materials.

Analyzing the above information, we can conclude that the presented company does not fall into the category of scammers (otherwise, it would have disappeared in 2016, with customers’ money), the broker offers a large selection of ways to make money, and its main advantage is the availability of licenses from reputable organizations. But the company needs to solve something with a demo account, install a more modern platform and be sure to eliminate such negative indicators as withdrawing money for a period of three weeks.

General Risk Warning: Your capital might be at risk