HYCM vs Trading 212 - Compare Trading Brokers

HYCM vs Trading 212 | Trading Brokers Comparison

HYCM vs Trading 212 Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$100MT4, MT5, Apps300+FCA, CySEC, DFSA, CIMA
$100Web Trader & Apps1800+FCA, FSC

HYCM vs Trading 212 Comparison

HYCM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), supporting both automated and non-automated trading. Trading 212 provides a user friendly trading platform designed for the trader who executes their own trades.

Both brokers offer CFD trading. When trading a CFD, the trader does not own the market. Trading 212 offers an Invest account in addition to its CFD account. Trading 212's Invest account lets the trader buy real Stocks and ETFs to own.

HYCM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus, the DFSA in Dubai and the CIMA in the Cayman Islands.

Trading 212 is regulated by the FCA in the United Kingdom and the FSC in Bulgaria.

Quick comparison

HYCM offers MT4 and MT5. Trading 212 provides a web trader and apps. Both brokers offer CFD trading. Trading 212 additionally provides Stocks and ETFs to own.

Minimum deposit and key account features

The minimum deposit for HYCM is $100. The minimum deposit for Trading 212 to trade CFDs is $/€/£100 (the minimum deposit for the Invest account is $/€/£29).

  • 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.
  • Trading 212 has a CFD and an Invest account. Trading 212 provides Videos, News, Analysis and an Economic Calendar on its trading platform and its website.

Markets

  • HYCM offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 80+ available on MT4 and 300+ on MT5. On the MT4 Classic and Raw accounts, HYCM offers Forex and Precious Metals, with 45+ available.
  • Trading 212 offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities and ETFs, with 1800+ available. Trading 212 on the Invest account offers real Stocks and ETFs, with 1800+ available.

HYCM has 60+ Forex Pairs. Trading 212 has 150+ Forex Pairs.

Cryptocurrency CFDs

  • HYCM offers Bitcoin, Ethereum, Litecoin, Ripple, EOS, NEO, Monero, Bitcoin Cash, Bitcoin Gold, QTUM, IOTA, Ethereum Classic and Zcash.
  • Trading 212 offers Bitcoin, Ethereum, Litecoin, Ripple, EOS, NEO, Monero and DASH.

Commissions

  • HYCM does not charge commissions.
  • Trading 212 does not charge commissions.

Leverage

Maximum leverage for HYCM (FCA or CySEC regulated) is . Maximum leverage for Trading 212 (FCA or FSC regulated) is .

Platforms

HYCM offers MT4 and MT5 and apps. Trading 212 offers a web trader and apps.

Why HYCM or Trading 212 ?

Traders who want to trade using MT4 and its successor MT5 can do so at HYCM. Traders who wish to trade with CFDs can do so at either broker. Traders who want to buy Stocks and ETFs to own can do so at Trading 212 on its Invest account.

Comparison summary

  • Both provide CFD trading
  • Trading 212 additionally offers Stocks to own on its Invest account
  • Both brokers provide Stocks CFDs
  • HYCM offers more Stocks CFDs on MT5 than MT4
  • Trading 212 has more Stocks overall

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