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HYCM vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
HYCM
Spreadex
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
STP
Years of Existence / Established Year
1977
1999
Customer Base / Number of Accounts
No information
60,000+ traders
Regulation & Security
Regulations (governing bodies)
FCA, DFSA, CySEC,CIMA
FCA
Awards Won (count for the last 2 years)
Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023
Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards
Security Measures
Tier-1 Client Fund Security
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
300+ instruments
10,000 trading assets
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
No
Yes
Stocks
Yes
Yes
Options
No
No
Futures
No
No
Bonds
No
Yes
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
No
Other Trading Platforms (proprietary, etc.)
HYCM Trader, Web trader
Spreadex TradingView
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
Spread betting Financial trading
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$20
€0
Leverage Available
1:20- 1:500
30:1
Trade Limit (maximum per trade)
250 for MT4 Unlimited for HYCM trader and MT5
Varies by instrument
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
€2.50 per lot
Best Suited For (e.g., beginners, experienced traders)
Beginners traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets
Easy Bank transfer UK Debit cards Credit card E-wallets
Withdrawal Methods
Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets
Bank Transfer Credit / Debit Cards
Other E-Wallets Supported
Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI
Apple Pay
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
Customisable platform 35+ technical indicators Price alerts
Fees & Commissions
Trading-Related Fees
Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round
Spread starts from 0.6 pips
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
30:1
Non-Trading Fees
Dormant Fees
$10 inactive for 90 days
1 per month
Subscription Fees (for premium features, data feeds)
NA
€0
Advisory Fees
NA
€0
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
€0
Account Opening Fee
NA
€0
Account Maintenance Fee
$50
€0
Deposit Fee
$0
€0
Currency Conversion Fee
$10
Info not available
Withdrawal Fee
e-wallets- 1%, Bank wires- $30, Others-$0
€0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
No
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
Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5 For complaints 9:00 - 18.00 (GMT +3)
7 days a week 8:00am to 5:30pm
Customer Support Methods (phone, email, live chat)
Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat
Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]
Support Languages
15+
1
Additional Information
Headquarters Location
27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom
Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU
Complaints (for crypto brokers)
No
No
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