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

Broker Name

HFM

HYCM

Broker Overview

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

Market maker broker

Market maker

Years of Existence / Established Year

2010

1977

Customer Base / Number of Accounts

2500000 clients

No information

Regulation & Security

Regulations (governing bodies)

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

FCA, DFSA, CySEC,CIMA

Awards Won (count for the last 2 years)

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

Security Measures

Civil Liability insurance program with a limit of €5,000,000

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)

Over 500 markets including energies

300+ instruments

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Yes

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.)

HFM Platform, Web trading, Mobile trading

HYCM Trader, Web trader

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

Cent, Zero, Pro , Premium, Corporate, Joint 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

$20

Leverage Available

1:1000- 1:2000

1:20- 1:500

Trade Limit (maximum per trade)

60/ 200 Standard lots per position depends on account types

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 to experienced traders

Beginners traders

Deposit & Withdrawal Options

Deposit Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

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

Withdrawal Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

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

Other E-Wallets Supported

FasaPay, Neteller

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

Tools & Educational Resources

Economic Calendar

Yes

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

Webinars, eBooks and Guides, Video Tutorials

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

Fees & Commissions

Trading-Related Fees

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

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

Spread (typical, fixed, variable)

Variable

Variable /Fixed

Per Lot Fees

$4 per round

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

34:20:00

1:500

Non-Trading Fees

Dormant Fees

$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

$10

Withdrawal Fee

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)

Varies by instrument

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

Customer Support

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

24/5

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

Customer Support Methods (phone, email, live chat)

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

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

Support Languages

27+

15+

Additional Information

Headquarters Location

financial hub of Limassol, Cyprus

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.

While HFM maintains low trading fees with no minimum deposit, HYCM includes some charges for premium features and certain asset trades, making HFM the better option for budget-focused traders.

Creating an account with HFM 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.

Traders who value simplicity and execution speed may prefer HFM platform. Meanwhile, HYCM offers more flexibility through tools like advanced order types and multi-screen support.

HFM strength lies in high-performance trading, while HYCM provides a more accessible route for everyday investors.

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