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HYCM vs CMC Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

HYCM

HYCM

VS
CMC Markets

CMC Markets

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

1977

1989

Customer Base / Number of Accounts

No information

265k+


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Regulation & Security

Regulations (governing bodies)

FCA, DFSA, CySEC,CIMA

FCA, ASIC, CIRO, MAS, FMA

Awards Won (count for the last 2 years)

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023

Security Measures

Tier-1 Client Fund Security

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

300+ instruments

12,000+ tradable instruments including shares, Treasuries

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

No

Options

No

No

Futures

No

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HYCM Trader, Web trader

CMC web platform, iOS and Android app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Fixed, Classic and Raw account, Special account for VIP and corpoarte clients

Spread betting, CFD account , FX active, Corporate account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$20

$0

Leverage Available

1:20- 1:500

30:1 to 1:500

Trade Limit (maximum per trade)

250 for MT4 Unlimited for HYCM trader and MT5

No information

Commission (per account type)

No commission for fixed and classic accounts, Commissions for raw account: FX $4 per round, Metals $5 per round, Others $0 per round

Standard - No commission, FX active account- $2.50

Best Suited For (e.g., beginners, experienced traders)

Beginners traders

Professional and retail traders


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Bank transfer, Debit/credit card, Online banking

Withdrawal Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Bank transfer, Debit/credit card, Online banking

Other E-Wallets Supported

Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Forex Fundamentals, Trading Tools and Resources, Advanced Trading Concepts, Ethics and Compliance, Technology In Trading, Forex Market History

Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides


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Fees & Commissions

Trading-Related Fees

Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round

CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%

Spread (typical, fixed, variable)

Variable /Fixed

Fixed/Variable

Per Lot Fees

$4 per round

$2.50

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

$5.00 per $100,000 in nominal value

Guaranteed Stop Loss Fees

NA

Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per

Maximum Leverage

1:500

1:500


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

$0

Subscription Fees (for premium features, data feeds)

NA

ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

$50

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$10

0.50%

Withdrawal Fee

e-wallets- 1%, Bank wires- $30, Others-$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

23: 01GMT on Sunday night and 21: 00 GMT on Friday night

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5 For complaints 9:00 - 18.00 (GMT +3)

Monday to Friday from 8am to 8pm

Customer Support Methods (phone, email, live chat)

Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat

Email: [email protected], Phone: +44 (0)20 7170 8200

Support Languages

15+

12+


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Additional Information

Headquarters Location

27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom

CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
HYCM is known for competitive pricing on basic trades, especially for beginners. However, CMC Markets fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
The account creation flow at HYCM is modern and app-driven, making it seamless for new users. CMC Markets, however, leans toward traditional processes with forms and verifications that take more time.
HYCM excels in real-time trade execution with minimal latency, whereas CMC Markets complements its execution with strong analytical modules and educational support within the platform.
Advanced users will enjoy HYCM capabilities, but CMC Markets remains a favorite for its streamlined and beginner-centric approach.