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Score
United Kingdom
Regulated in United Kingdom
Market Making(MM)
MT4/5 full license
Suspicious Overrun
Medium potential risk
Offshore Regulatory
Influence
Add brokers
Comparison
Quantity 6
Exposure
Score
License Index | 8.36 |
Business Index | 9.21 |
Risk Management Index | 7.63 |
Software Index | 8.08 |
Regulatory Index | 8.33 |
Single Core
1G
40G
English
+44 2088167812
Chinese (Simplified)
+44 2071933827
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Company Name
HYCM Limited
Company Abbreviation
HYCM
Platform registered country and region
United Kingdom
Company website
YouTube
Company summary
Pyramid scheme complaint
Expose
HYCMhas locked my account without deducting all my money. don't pay me. broker is scam
Never ever join Say got strong signal group End up all stop lost signal Maybe is their way to cheat investor money Join a month lose till 260 usd still got 30 usd charge for withdraw
The withdrawal has been delayed for 3 weeks. The customer service treated mt in a frivolous way, keeping holding off.
this is very bad brokar plz don't us this app my accounts is full verifyd butt not received withdraw bad scame brokar
unable to withdraw my money from last year up until now they say I must pay another money before I can get my profit
On the morning of 12.8, 2020, I suddenly discovered that I can only close the position, cannot deposit money, withdraw money, or buy. I didn't know that the account was restricted at first, and settled a little bit. Later, I saw that margin was a bit dangerous and planned to balance it. But I found that I couldn't deposit or buy. Then the position was liquidated. I have discussed with HYCM before 12.22. Hycm said on the 22nd that I would close my account. Now the account cannot be logged in. Don't trust any so-called formal licensed platform companies, they have countless tricks to make you lose money!
Stop Out
1.14%
Stop Out Symbol Distribution
6 months
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User comment
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CommentsWrite a review
This week sees the US retail sales release which is likely to cause some volatility on an out-of-consensus print. The miss in US inflation data last week resulted in immediate re-pricing of the Federal Reserve’s interest rate decision for December. After the decision short-term interest rate markets now price in over 70% chance of a 50bps rate hike. Prior to the decision, the market was expecting a 75 bps rate hike in December.
Going into the US midterm elections analysts were mostly split between three different positions:
The main events for this week were the US midterm elections and the US Inflation print. Speculation to start the week that the Republicans could win both houses kept stocks supported. However, on Wednesday uncertainty crept in as to whether or not the Democrats could take the Senate. This, alongside some big news for Bitcoin that Sam Bankman-Fried was trying to sell the crypt behemoth FTX to Binance, pressured stocks lower. This all put the main focus on the US Inflation print to try and gauge how aggressive the Fed will need to be in terms of rate hikes. The US Inflation print missed and stocks rallied on lower Fed rate hiking expectations.
Mobile trading has been a buzzword in the online retail trading industry for a long time but has really come into its own over the past 2 to 3 years. A number of factors are responsible for this transition away from desktop to mobile.
The RBA hiked by 50 bps as expected on Tuesday this week to 2.35 but stated that it is not on a pre-set path. The RBA is trying to balance the timing of an economy that it sees slowing at some point in the future. The key focus remains for the RBA on household spending and it is uncertain about how that will react to the combination of higher interest rates and the highest inflation Australia has seen since the 1990s.
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap widens between Japan’s ultraloose monetary policy and Fed tightening in the United States.
CAD is the ISO 4217 currency code for the Canadian dollar - the official currency of the country of Canada. Currency Name:Canadian dollar. The Bank of Canada hiked by 75 bps to 3.25% as expected on Wednesday this week and is still assessing how much further rates will need to go in order to return inflation to target.
As the year draws to a close, there might be a slew of tasks on your to-do list. Following the success of previous events, multi-regulated FX brokerage firm HYCM is hosting an intensive trading seminar titled ‘Trading into Year-End: All You Need to Know.’