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HYCM-BOT Review: Hycmbot.com Mendacious Broker

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HYCM-BOT Review: Hycmbot.com Mendacious Broker

HYCM-BOT is an online trade platform that brags of years of experience in the various financial markets. It claims to be trustworthy, featuring a wide range of products and services. Additionally, it promises a first-class trade experience and features allegations of regulations by several regulators. 

HYCM-BOT Review, HYCM-BOT Company

 

Moreover, before investing funds in any platform, several factors are to be considered by an intelligent trader. Therefore as you read our impartial review of HYCM-BOT, we highlight the ambiguity it exposes. Fraudsters often guarantee a too-good-to-be-true service and trade results. Teh broker exposes several red flags that lead to reconsidering further investing funds.

HYCM-BOT offers 0.2pips, 300+ trade instruments, and 40- years of experience. Additionally, you must sign up and start enjoying massive profits immediately. Even so, the trading world is not a walk in the park. The wrong investment approach attracts negative results. The investment firm puzzles how it manages to attract profits.

Meanwhile, these forex trading companies apply a tried-and-tested approach. A reliable trade approach attracts reasonable profits on your funds. HYCM-BOT web page has no approach to recommend investing your funds. Therefore, nothing makes sense in its promise to customers. The broker targets institutional and retail traders, and customers from across the globe can access its services. 

Hycmbot.com Review

Hycmbot.com trade execution time is under 12ms. Even so, the kind of algorithm it uses to attain massive profits is unknown. Fraudulent companies promise state-of-the-art technologies and the best services in the market. Yet the result is often shocking, and faulty tools attract adverse outcomes. Automated tools eliminate emotional interference with trade directions. Hence it is best to stay cautious and avoid shady tools from hoaxers. 

HYCM-BOT offers forex, stocks, indices, and crypto exchange services, among other services. Also, it aims to deliver sure investment returns. Even so, while investing in the financial markets, you also encounter losing returns. Therefore, there is no such thing as constant investment outcomes. Predicting precisely the volatile market conditions is an arduous task. Price actions, wars, and inflations are among the factors affecting changes in price patterns. 

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HYCM-BOT has no stop-loss or relevant risk measure to limit manageable losses. Also, it aims to avail trades to all traders. Experts in the trading world will hardly invest funds or time with the broker. On the other hand, it does not feature any academic tools to aid beginner investors. Scammers promise the best academic assistance. However, often you access basic data explaining trade terms. You can easily access similar information online for no extra costs.

HYCM-BOT Accounts and Trade Conditions

HYCM-BOT has no trade accounts to consider paying more for its service. Fraudulent companies have senseless investment plans targeting your funds. Accordingly, the trading conditions present are pathetic.

Hycmbot.com Review, Hycmbot.com Features

 

The investment firm needs tools compatible with a reliable trade platform. Relying on malicious trade tools will expose you to malicious third-party attacks. Meta trader is reliable for charting tools, automated trading, and access to trade apps. It promises the best news and market analysis data. Even so, the information is not up to date. Additionally, you may rely on irrelevant or expired information from an unreliable source.

HYCM-BOT brags of years of experience before the existence of the cryptocurrency market. However, there is no data to prove trade activities are taking place. Scam companies generate negative returns. Hence posting similar data lures traders from its operations. Additionally, trade history for three months or more assists in determining the expected outcomes. 

How hycmbot.com Operates

Hycmbot.com needs to include a suitable strategy for operational success to recommend its services. Accordingly, the broker exposes numerous scam traits raising more doubts about its promise to traders. Also, investing your money with fraud companies expecting preferential treatment to lose funds is absurd. 

The investment firm promises attractive profits in a short span. Yet the ROI estimates are improbable to reach even under a well-established company. Also, you may come across a bonus on the initial deposit to 100% or more similar offers. Moreover, you hardly access the reward money even after completing set tasks. Therefore it is best to consider business after falling for a scammer’s catch and investing your money. 

HYCM-BOT, like any other fraud company, will deny you access to its services or account after accessing funds or wallets. It brags about being in the market and providing financial services since 1977. However, there is no data to prove expertise in any market. The broker needs to show transparency in its operation. There is no data on its founders or team of employees. 

Fraudulent companies maintain anonymity. As a result, they create clone companies while attempting to defraud more funds from innocent traders. HYCM-BOT is running operations under professional scammers. 

Funds Safety

HYCM-BOT fails to provide enough data to guarantee funds are safe. Also, the numerous red flags you come across warn investing a single dime in is at your own risk. The safety of your cash is a top factor to consider in any platform. The investment firm has numerous negative reviews that you should not ignore.

It does not provide any data to show successful transactions by its traders. Scam-oriented entities profit the people behind their operations by keeping your money in private accounts. In contrast, it persuades you to await mysterious profits. The broker does not have any bank data to affirm your money is secure. HYCM-BOT has no trial account to test operations before investing your funds.

Deposit and Withdrawals

HYCM-BOT minimum investment amount is unknown. Accordingly, fraudsters encourage payments via non-refundable options. Wire transfers and cryptocurrency transactions are irreversible. Hence, it is best to consider the credit/debit option for a chargeback of up to 540 days. The investment firm does not have evidence of successful withdrawals made by its traders.

Additionally, you have difficulty accessing your money from fraud companies without a refund or withdrawal policy. HYCM-BOT, like every other hoax company, holds your funds long. Eventually, they create ways to disappear with your funds without a trace.

Customer Support

HYCM-BOT does ot have a relevant location address. Additionally, there is no certainty in the 24/5 customer support. Fraud companies often cut off communications after receiving your funds. The broker has a telephone contact. Even so, receiving a fast reply to your queries is best, if not instant. 

Additionally, active customer support boosts trust with investment firms. HYCM-BOT aims to avail a friendly interface without proper customer relations. 

Regulation status of HYCM-BOT

HYCM-BOT provides services across the globe. Additionally, it is illegal in most countries to access funds from the public without mandatorily adhering to regulations. Also, you should check with the responsible watchdogs within your region. The Financial Conduct Authority, for instance, authorizes and regulates UK companies. 

Moreover, scam companies cannot afford the regulation fees. As a result, they face bankruptcy. Unregulated entities easily break trade laws. Nonetheless, these regulated forex companies showcase commendable transparency. Also, you can easily find and verify the regulatory data with responsible watchdogs. HYCM-BOT people behind operations risk facing criminal charges for illegal operations. 

Final Verdict

HYCM-BOT is not reliable for investment. The broker is after your funds, and you hardly enjoy services worth your funds from scammers. It’s best to research investment firms and rely on reviews from reliable sources.

Accordingly, these reliable forex trading companies attract a pleasant trade experience. Also, it’s best to avoid Hycmbot.com until it makes updates on transparency.

 

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