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HYCM vs Forex.com : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

HYCM

HYCM

VS
Forex.com

Forex.com

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Broker Overview

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

Market maker

Market maker

Years of Existence / Established Year

1977

2001

Customer Base / Number of Accounts

No information

454k + Customers


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Regulation & Security

Regulations (governing bodies)

FCA, DFSA, CySEC,CIMA

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

Awards Won (count for the last 2 years)

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Security Measures

Tier-1 Client Fund Security

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

300+ instruments

5, 500+ Stocks

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

No

Stocks

Yes

Yes

Options

No

No

Futures

No

No

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

Yes

No

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

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HYCM Trader, Web trader

Forex.com Proprietary platform

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, Raw spread, MetaTrader account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$20

$100

Leverage Available

1:20- 1:500

50:1

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

Raw account - $7 per 100k USD traded

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

Beginners traders

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

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

Credit/ debit card, bank wire

Withdrawal Methods

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

Credit/ debit card, bank wire

Other E-Wallets Supported

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

Neteller, skrill


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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

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research


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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

Commission: Fixed $7 USD per $100k USD traded

Spread (typical, fixed, variable)

Variable /Fixed

Variable

Per Lot Fees

$4 per round

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:500

50:1


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

$15 inactive for 12 months

Subscription Fees (for premium features, data feeds)

NA

$5

Advisory Fees

NA

$30

Swap Fees (Overnight Financing)

Yes

Yes

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

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000


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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)

24/5

Customer Support Methods (phone, email, live chat)

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

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

Support Languages

15+

5


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Additional Information

Headquarters Location

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

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

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 Forex.com offer affordable fee structures, but HYCM generally edges out with no inactivity fees and lower commissions on standard trades, whereas Forex.com shines with bundled research and platform access.
Account approval at HYCM is usually completed within hours, often with automated ID checks. Forex.com might take longer due to manual reviews, but provides in-depth onboarding support along the way.
New traders may find HYCM interface more welcoming, while Forex.com appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
HYCM is geared toward frequent trading and analytics, while Forex.com fits those who value simplicity and guided experiences.