HYCM Reviews & Ratings

License: FCA UK

USA Accepted: No

Trust Score: 74

User Rating: No Reviews


HYCM User Reviews

No user reviews submitted yet

What is Trust Score?

This is a rating out of 100 which we calculate for each broker based on a combination of factors, all of which you will find below on the scorecard.

Every broker starts with a base score of 100 and we subtract points according to what criteria they match in each category.

Whilst Trust Score provides a good insight into the broker's reputation, our overall rankings are based off our own thorough reviews plus the user reviews. Therefore, brokers with a high Trust Score aren't always guaranteed to be ranked at the top.

HYCM Scorecard - 74 / 100

Category & Criteria Point Deduction Score
Years in operation
Over 10 years 0 0
Between 5-10 years -1 0
Between 1-5 years -2 0
Less than a year -10 0
Contact methods
No phone number -10 0
No e-mail address -10 0
No live chat -2 0
Social media accounts
No Facebook page -5 0
No LinkedIn page -5 0
No Twitter account -3 0
No YouTube channel -1 0
No Google+ account -1 0
No Instagram account -1 -1
App acceptances
Not on Apple App Store -5 0
Not on Google Play -5 0
Major partnerships / Public Exposure
No major partnerships -5 -5
Client security
No negative balance protection -20 -20

 

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Top 5 Forex Brokers

Rank Broker Name Trust Score
1 XM 99 / 100
2 London Capital Group 99 / 100
3 Plus500 99 / 100
4 HotForex 94 / 100
5 Xtrade 94 / 100