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HYCM vs Swissquote : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
HYCM
Swissquote
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker
STP
Years of Existence / Established Year
1977
1996
Customer Base / Number of Accounts
No information
610,000 accounts
Regulation & Security
Regulations (governing bodies)
FCA, DFSA, CySEC,CIMA
FINMA CySEC FCA, DFSA
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
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
9000+ Markets including ETNs
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
No
Yes
Stocks
Yes
Yes
Options
No
Yes
Futures
No
Yes
Bonds
No
Yes
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
Yes
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
Yes
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
HYCM Trader, Web trader
CFXD Swissquote App
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 Premium Prime Professional
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$20
€0
Leverage Available
1:20- 1:500
1:100- 1 : 400
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
€0
Best Suited For (e.g., beginners, experienced traders)
Beginners traders
Beginners
Deposit & Withdrawal Options
Deposit Methods
Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets
Wire Transfer Credit/ Debit cards
Withdrawal Methods
Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets
Wire Transfer Credit/ Debit cards
Other E-Wallets Supported
Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI
No
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
AI generated sentiment analylsis Portfolio performance chart Recurring orders & Securities lending Stress test tool, ESG feature
Fees & Commissions
Trading-Related Fees
Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round
Stocks - 0.1%, ETFs - 0.1%, Options / Futures - 2 Euro per contract, OTC Orders/ Grey market / other markets: 0.50%, minimum 100 currencies, Cryptocurrencies- €25 - 10,000 - 1%, Mutual funds - €24.95 minimum commission
Spread (typical, fixed, variable)
Variable /Fixed
Variable
Per Lot Fees
$4 per round
0.00 pips
Options Contract Fees
NA
€0.85 per transaction
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
1:500
1:400
Non-Trading Fees
Dormant Fees
$10 inactive for 90 days
NA
Subscription Fees (for premium features, data feeds)
NA
Others- 0.25%Mutual funds - 0.5%
Advisory Fees
NA
€0
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
EUWAX Market - 0.1%
Account Opening Fee
NA
€0
Account Maintenance Fee
$50
Quarterly Custody Fees for Cash Asset 0 to 50,000 CHF - 20 CHFAccount fees for precious metal account balances - 0.25%
Deposit Fee
$0
Bank / Post wire transfer - Free Crediting of cheques - 30 CHF Card deposits - 1.9% (Switzerland & Europe)/0% rest
Currency Conversion Fee
$10
UK - 0.5%
Withdrawal Fee
e-wallets- 1%, Bank wires- $30, Others-$0
Wire transfer - Payment fees changes based on currency
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
Forex Opening Hours: 8:00 - 18:00 CET. Monday to FridayForex dealing desk Opening hours: From 23:00 Sunday to 23:00 Friday CET
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5 For complaints 9:00 - 18.00 (GMT +3)
8:00 - 22:00 CET Monday to Friday
Customer Support Methods (phone, email, live chat)
Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat
Phone: +41 44 825 88 88 Forex: +41 44 825 87 87 E-mail: [email protected] Forex dealing desk: +41 22 999 94 76
Support Languages
15+
9+
Additional Information
Headquarters Location
27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom
Chemin de la Cretaux 33 P.O. Box 1032 1196 Gland
Complaints (for crypto brokers)
No
No
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