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

Eightcap vs HYCM 2026: Which Broker is Better?

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

VS
EightcapHYCM
BrokerRank Score3.6/5 ✓3.6/5
Min. Deposit$100$100
Spread from0 pips ✓0.2 pips
Max Leverage1:5001:500
RegulationASIC, FCA, CySECFCA, CySEC, DFSA
PlatformsMT4, MT5MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
EightcapHYCM
Best for Low Fees
EightcapHYCM
Best for Regulation
EightcapHYCM
Best Overall
EightcapHYCM
Quick Answer

Eightcap is the better choice overall, scoring 3.6/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).

See full side-by-side comparison below

Eightcap vs HYCM: Key Differences

Feature

Eightcap

Winner

HYCM

Our Rating
3.6 / 5
3.6 / 5
Min. Deposit
$100
$100
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5
MT4, MT5
Markets
Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2009
1977
Headquarters
Melbourne, Australia
London, UK
Score
3 / 4
1 / 4

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Fees Comparison

Fee

Eightcap

HYCM

Spread From
0 pips
0.2 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the comparison between Eightcap and HYCM, Eightcap emerges as the better choice for professional traders due to its raw spread accounts starting from 0.0 pips and competitive commission structure, although it has limited educational resources for beginners. HYCM, with its long-standing reputation since 1977 and zero commission structure, is more appealing for beginners, thanks to its fixed and classic account offerings alongside negative balance protection. Eightcap wins on fees with its lower spreads and competitive commissions, making it a more cost-effective option for frequent traders.

Who Should Choose Which?

Eightcap

Eightcap

3.6/5

Top pick

Choose Eightcap if you want…

  • Higher overall rating (3.6/5)
  • Tighter spreads (from 0 pips)
HYCM

HYCM

3.6/5

Choose HYCM if you want…

  • No per-trade commission
  • More market types (6)
  • More established (est. 1977)

Also consider

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80% of retail CFD accounts lose money.

Both Eightcap & HYCM are available in

Frequently Asked Questions

1

Is Eightcap better than HYCM?

Eightcap scores higher overall on our independent rating system. Eightcap holds a 3.6/5 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, Eightcap or HYCM?

Eightcap offers spreads from 0 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Eightcap vs HYCM?

Eightcap requires a minimum deposit of $100. HYCM requires $100.

4

Which broker is safer, Eightcap or HYCM?

Eightcap is regulated by ASIC, FCA, CySEC, while HYCM holds licences from FCA, CySEC, DFSA.

5

What trading platforms do Eightcap and HYCM support?

Eightcap supports MT4, MT5. HYCM supports MT4, MT5.

6

Can I use both Eightcap 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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