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

Broker Name

EToro

HYCM

Broker Overview

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

Market maker

Years of Existence / Established Year

2007

1977

Customer Base / Number of Accounts

20 Million

No information

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, MFSA, ADGM, ASIC, FSA, FINRA, SEC

FCA, DFSA, CySEC,CIMA

Awards Won (count for the last 2 years)

Best Cryptocurrency Platforms by Good Money guide awards

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

Security Measures

AML, ICF

Tier-1 Client Fund Security

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5545+ stocks

300+ instruments

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Web trading and Mobile trading apps

HYCM Trader, Web trader

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Professional, Retail or Personal account, Corporate account

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

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50.00

$20

Leverage Available

1:2 to 1:30

1:20- 1:500

Trade Limit (maximum per trade)

Depends on the assets class

250 for MT4 Unlimited for HYCM trader and MT5

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

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

Beginners

Beginners traders

Deposit & Withdrawal Options

Deposit Methods

Debit card, Online banking, Wire transfer, e-Wallets

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

Withdrawal Methods

Debit card, Online banking, Wire transfer, e-Wallets

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

Other E-Wallets Supported

PayPal

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

Tools & Educational Resources

Economic Calendar

Yes

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

eToro Guides and eBooks, Crypto and Trading Courses, Trading Academy, Market News and Analysis, Webinars

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

Fees & Commissions

Trading-Related Fees

Stocks- $1 or $2, Commission- $0, ETFs-$0, Spread-0, Crypto-2% of the transaction size; Minimum: $1 to Maximum: $100, CFD(Stocks and EFTs)- 0.15%, Crypto CFDs: 1%

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

Spread (typical, fixed, variable)

Fixed

Variable /Fixed

Per Lot Fees

$4 per round

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

1% for both opening and closing a position

Guaranteed Stop Loss Fees

Maximum Leverage

30:1

1:500

Non-Trading Fees

Dormant Fees

$10/month after 12 months of inactivity

$10 inactive for 90 days

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

$50

Deposit Fee

Currency Conversion Fee

0.75%

$10

Withdrawal Fee

$5 fee for withdrawals to external accounts

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

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

9:30am ET until 4pm during normal business days

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

Customer Support

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

24/7

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

Customer Support Methods (phone, email, live chat)

Chatbot, Live chat, Ticket

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

Support Languages

19+

15+

Additional Information

Headquarters Location

4th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom

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

Complaints (for crypto brokers)

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.

eToro stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, HYCM offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.

Creating an account with eToro is generally faster and more user-friendly, often taking just a few minutes, while HYCM requires more detailed steps and identity verification, which may suit more cautious investors.

If you're trading on-the-go, eToro mobile platform is fluid and intuitive. HYCM desktop and web apps are more robust, making them suitable for in-depth trading sessions.

eToro is geared toward frequent trading and analytics, while HYCM fits those who value simplicity and guided experiences.

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