Eightcap
HYCM
VS
Higher Rated
Eightcap
Capital at risk · T&Cs apply
In this broker comparison, we examine Eightcap and HYCM, each offering distinct advantages for different types of traders. Eightcap, with its strong regulatory framework from ASIC and FCA, appeals to traders seeking low-cost trading on forex and crypto CFDs with raw spread accounts from 0.0 pips. On the other hand, HYCM, a veteran in the industry since 1977, attracts those interested in a broad market range including stocks, with the added benefit of no commission on trades. While Eightcap is ideal for traders focused on execution speed and cost efficiency, HYCM’s long-standing reputation and extensive regulatory oversight make it a reliable choice for conservative traders prioritising stability and safety.
Eightcap
HYCM
| Eightcap | HYCM | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $100 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, FCA, CySEC | FCA, CySEC, DFSA |
| Platforms | MT4, MT5 | MT4, MT5 |
Eightcap is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).
See full side-by-side comparison belowEightcap
WinnerHYCM
Eightcap
HYCM
Eightcap
3.6/5
Choose Eightcap if you want…
HYCM
3.4/5
Choose HYCM if you want…
Eightcap scores higher overall on our independent rating system. Eightcap holds a 3.6/5 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.
Eightcap offers spreads from 0 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Eightcap requires a minimum deposit of $100. HYCM requires $100.
Eightcap is regulated by ASIC, FCA, CySEC, while HYCM holds licences from FCA, CySEC, DFSA.
Eightcap supports MT4, MT5. 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.