Deriv
HYCM
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
In this comprehensive broker comparison, we examine Deriv and HYCM, two established names in the trading industry with distinct offerings. Deriv, with a rating of 3.77/5, is ideal for traders seeking low entry barriers and innovative products like multipliers and accumulators, offering a minimum deposit of just $5 and maximum leverage of 1:1000. In contrast, HYCM, rated 3.43/5, appeals to more traditional traders looking for a well-regulated broker with a long-standing history, providing a robust trading environment with fixed, classic, and raw spread accounts. While Deriv's proprietary platforms cater to those interested in synthetic indices and unique trading products, HYCM's use of the popular MT4 and MT5 platforms may be more suitable for traders prioritising a conventional trading experience.
Deriv
HYCM
| Deriv | HYCM | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $5 | $100 ✓ |
| Spread from | 0.5 pips | 0.2 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | FCA, MAS | FCA, CySEC, DFSA ✓ |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | MT4, MT5 |
Deriv is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, HYCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowDeriv
WinnerHYCM
Deriv
HYCM
Lower fees
Deriv
3.8/5
Choose Deriv if you want…
HYCM
3.4/5
Choose HYCM if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 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.
Deriv offers spreads from 0.5 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. HYCM requires $100.
Deriv is regulated by FCA, MAS, while HYCM holds licences from FCA, CySEC, DFSA.
Deriv supports MT5, Proprietary Web, 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.