FBS
HYCM
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
In the competitive landscape of online brokerage, FBS and HYCM stand out with distinct offerings tailored to different trader profiles. FBS, with its high leverage of up to 1:3000 and minimal deposit requirement of just $1, appeals to traders seeking flexibility and affordability, particularly in Asia, Africa, and Latin America. Conversely, HYCM, established in 1977 and regulated by the FCA among others, caters to traders who prioritise a long-standing reputation and regulatory oversight, attracting those in the MENA and Asian regions. While FBS offers enticing bonuses and cent accounts, HYCM provides fixed, classic, and raw spread accounts, with a focus on security and negative balance protection.
FBS
HYCM
| FBS | HYCM | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $1 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:3000 ✓ | 1:500 |
| Regulation | CySEC, ASIC, FSCA | FCA, CySEC, DFSA |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
FBS is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowFBS
WinnerHYCM
FBS
Lower feesHYCM
FBS
3.9/5
Choose FBS if you want…
HYCM
3.4/5
Choose HYCM if you want…
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 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.
FBS offers spreads from 0 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
FBS requires a minimum deposit of $1. HYCM requires $100.
FBS is regulated by CySEC, ASIC, FSCA, while HYCM holds licences from FCA, CySEC, DFSA.
FBS 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
BrokerRank Research — Hidden costs across 345 brokers
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.