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HYCM vs Global Prime : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
HYCM
Global Prime
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
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
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
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
No
Real Estate Investment Trusts (REITs)
No
No
Equities
No
No
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
HYCM Trader, Web trader
No
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
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
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
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
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
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
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
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
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+
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
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