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

Broker Name

HYCM

HYCM

VS
Global Prime

Global Prime

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Broker Overview

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

Market maker

Market maker broker

Years of Existence / Established Year

1977

2010

Customer Base / Number of Accounts

No information

No information


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Regulation & Security

Regulations (governing bodies)

FCA, DFSA, CySEC,CIMA

ASIC and VFSC

Awards Won (count for the last 2 years)

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

No major awards listed

Security Measures

Tier-1 Client Fund Security

No compensation scheme

SSL Encryption / 2FA

Yes

No

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

150+ Financial assets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

No

Stocks

Yes

No

Options

No

No

Futures

No

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

No

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

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

HYCM Trader, Web trader

No

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

Standard and Raw account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$20

$0

Leverage Available

1:20- 1:500

1:5 to 1:500

Trade Limit (maximum per trade)

250 for MT4 Unlimited for HYCM trader and MT5

1000 lots

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: $0, Raw account: $3.5 per lot

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

Beginners traders

Beginner traders


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Deposit & Withdrawal Options

Deposit Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Withdrawal Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Other E-Wallets Supported

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

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money


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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

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis


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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

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread (typical, fixed, variable)

Variable /Fixed

Variable

Per Lot Fees

$4 per round

$3.50

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

$0

Guaranteed Stop Loss Fees

NA

NA

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

$0

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

$50

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$10

$20-$30

Withdrawal Fee

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

International bank transfer: $20-$30


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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

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday


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Customer Support

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

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

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

Support Languages

15+

14+


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Additional Information

Headquarters Location

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

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia

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.
Both HYCM and Global Prime offer affordable fee structures, but HYCM generally edges out with no inactivity fees and lower commissions on standard trades, whereas Global Prime shines with bundled research and platform access.
HYCM makes starting out easy with a simple application, especially for retail clients. Global Prime platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
New traders may find HYCM interface more welcoming, while Global Prime appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
Advanced users will enjoy HYCM capabilities, but Global Prime remains a favorite for its streamlined and beginner-centric approach.