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Side-by-Side Comparison Independent Updated Oct 2, 2026

CMC Markets vs HYCM 2026: Which Broker is Better?

In the "CMC Markets vs HYCM" broker comparison, both established brokers offer comprehensive trading opportunities but cater to different trader needs. CMC Markets appeals to traders seeking a robust proprietary platform and a wide range of instruments, with no minimum deposit requirement and over 10,000 assets. In contrast, HYCM attracts traders prioritising traditional platforms like MT4 and MT5, offering lower spreads starting at 0.2 pips and a long-standing presence in the market. While CMC Markets boasts a strong regulatory profile and an award-winning platform, HYCM provides flexibility in account types and a solid foothold in the Middle East and Asia.

CMC Markets

HYCM

Higher ratedCMC Markets logo

CMC Markets

4.0/ 5
Visit CMC Markets →Full review
VS
CMC MarketsHYCM
BrokerRank Score4.0/5 ✓3.6/5
Min. Deposit$0 ✓$100
Spread from0.7 pips0.2 pips ✓
Max Leverage1:5001:500
RegulationFCA, ASIC, MASFCA, CySEC, DFSA
PlatformsProprietary Web, Proprietary Mobile, MT4MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
CMC MarketsHYCM
Best for Low Fees
HYCMCMC Markets
Best for Regulation
CMC MarketsHYCM
Best Overall
CMC MarketsHYCM
Quick Answer

CMC Markets is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, HYCM offers lower spreads (0.2 pips).

See full side-by-side comparison below

CMC Markets vs HYCM: Key Differences

Feature

CMC Markets

Winner

HYCM

Our Rating
4.0 / 5
3.6 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0.7 pips
0.2 pips
Commission
None
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, MT4
MT4, MT5
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1989
1977
Headquarters
London, UK
London, UK
Score
3 / 4
1 / 4

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Fees Comparison

Fee

CMC Markets

HYCM

Lower fees
Spread From
0.7 pips
0.2 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the "CMC Markets vs HYCM" comparison, CMC Markets emerges as the better choice for beginners due to its intuitive proprietary Next Generation platform and the absence of a minimum deposit requirement. Professional traders might prefer HYCM for its lower spreads starting from 0.2 pips and the availability of both MT4 and MT5 platforms. When it comes to fees, HYCM has the edge with its generally lower spreads, despite both brokers offering zero commission trading.

Who Should Choose Which?

CMC Markets

CMC Markets

4.0/5

Top pick

Choose CMC Markets if you want…

  • Higher overall rating (4.0/5)
  • No minimum deposit
  • More platforms (3 supported)
HYCM

HYCM

3.6/5

Choose HYCM if you want…

  • Tighter spreads (from 0.2 pips)
  • More established (est. 1977)

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80% of retail CFD accounts lose money.

Both CMC Markets & HYCM are available in

Frequently Asked Questions

1

Is CMC Markets better than HYCM?

CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs HYCM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, CMC Markets or HYCM?

CMC Markets offers spreads from 0.7 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for CMC Markets vs HYCM?

CMC Markets requires a minimum deposit of $0. HYCM requires $100.

4

Which broker is safer, CMC Markets or HYCM?

CMC Markets is regulated by FCA, ASIC, MAS, while HYCM holds licences from FCA, CySEC, DFSA.

5

What trading platforms do CMC Markets and HYCM support?

CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. HYCM supports MT4, MT5.

6

Can I use both CMC Markets and HYCM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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