vs HYCM - Trading Brokers Comparison vs HYCM | Online Brokerage Comparison

HYCM vs Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$50Web Trader, Advanced Trading Platform, MT4300+FCA, CIMA, ASIC, CFTC, IIROC, SFC, FSA
$100MT4, MT5300+FCA, CIMA, CySEC, DFSA vs HYCM Comparison

These are both market maker brokers, offering MT4 and supporting the use of Expert Advisors (MT4 automated trading strategies). HYCM additionally provides MT5. additionally has a downloaded Advanced Trading Platform and a Web Trader, for traders who make their own trading decisions.

Both have a similar range and number of markets overall (except for MT4 automated trading HYCM offers a reduced set of markets than Both brokers in effect aim to support the styles used by Forex traders, both automated and non-automated, as well as providing a range of other CFD markets, including Stocks CFDs.

Each is regulated by a range of bodies. Both are regulated by the FCA in the United Kingdom and the CIMA in the Cayman Islands. is additionally regulated by the ASIC in Australia, the CFTC in the USA, the IIROC in Canada and the SFC in Japan. HYCM is additionally regulated by the CySEC in Cyprus and the DFSA in Dubai.

Quick comparison

Both offer MT4 and support the use of robots. provides two platforms for traders who make their own trading decisions while HYCM has additional support for automated traders by offering MT5.

Minimum deposit and key account features

The minimum deposit for is $50. The minimum deposit for HYCM is $100.

  • has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website. The minimum trade size is 0.01 lots.
  • HYCM offers a Trading Central plug in and has an Economic Calendar, Forex Calculators, News, Market Outlook, Forex Education, Webinars and Seminars on its website. HYCM says that latency is as low at 12ms. The minimum trade size is 0.01 lots.
  • HYCM offers Fixed, Classic and Raw account and Islamic accounts for each. The Raw account charges commissions, the others do not. The Classic and Raw accounts allow Expert Advisors. The minimum deposit for the Fixed and Classic accounts is $100 and the minimum deposit for the Raw account is $200. There is also a VIP account which provides a dedicated account manager, comprehensive market analysis and lower spreads for the Fixed account, with a minimum deposit of $10,000.


  • offers Forex, Indices, Energy, Stocks, Cryptocurrencies, Metals and Soft Commodities, with 300+ available.
  • HYCM offers Forex, Indices, Energy, Stocks, Cryptocurrencies, Metals and Soft Commodities, with 80+ available on MT4 and 300+ on MT5. On the MT4 Classic and Raw accounts, HYCM offers Forex, Gold and Silver, with 45+ available. provides 60+ Forex pairs, HYCM provides 60+ Forex pairs.

Cryptocurrency CFDs

  • offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
  • HYCM offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, NEO, IOTA, Bitcoin Gold, Ethereum Classic, QTUM and Zcash


Maximum leverage for HYCM (CySEC or FCA regulated) is . Maximum leverage for (FCA regulated) is .

Commission charge

  • does not charge commissions, except for Shares CFDs.
  • HYCM charges a commission of $2 per lot per side on the Raw account.

Online trading platforms provides a downloaded Advanced Trading Platform, a Web Trader and MT4. HYCM provides MT4 and MT5.

Why or HYCM ?

Both brokers let the trader use Expert Advisors (EAs) on MT4. Traders who want to trade on MT5 (and use MT5 EAs) may do so at HYCM. has additional support for traders who make their own trading decisions, by providing two additional platforms.

Comparison summary

  • Each offers CFD trading
  • Both have a similar range of markets for non-automated trading
  • For automated MT4 trading, HYCM has less markets
  • Overall considering MT5, HYCM has more markets for automated trading
  • Both offer MT4
  • also has its Advanced Trading Platform and a Web Trader
  • HYCM also provides MT5

Search this site