AvaTrade
HYCM
VS
Higher Rated
AvaTrade
Capital at risk · T&Cs apply
In this comprehensive comparison of AvaTrade and HYCM, we explore the key distinctions that set these two brokers apart. AvaTrade, with its headquarters in Dublin and regulation across six jurisdictions, appeals to traders seeking a commission-free trading experience and robust educational resources, though it offers wider spreads. Meanwhile, London-based HYCM, one of the oldest CFD brokers established in 1977, caters to experienced traders who value lower spreads and a strong presence in the MENA and Asian markets, despite its limited educational content. Both brokers offer competitive leverage and utilise the popular MT4 and MT5 platforms, but each caters to different trading preferences and experience levels.
AvaTrade
HYCM
| AvaTrade | HYCM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $100 |
| Spread from | 0.9 pips | 0.2 pips ✓ |
| Max Leverage | 1:400 | 1:500 ✓ |
| Regulation | FCA, ASIC, MAS | FCA, CySEC, DFSA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
AvaTrade is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, HYCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowAvaTrade
WinnerHYCM
AvaTrade
HYCM
Lower fees
AvaTrade
4.0/5
Choose AvaTrade if you want…
HYCM
3.4/5
Choose HYCM if you want…
AvaTrade scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 rating vs HYCM's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AvaTrade offers spreads from 0.9 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. HYCM requires $100.
AvaTrade is regulated by FCA, ASIC, MAS, while HYCM holds licences from FCA, CySEC, DFSA.
AvaTrade supports MT4, MT5, Proprietary Mobile. HYCM supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.