FXCM
HYCM
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
In the comparison between FXCM and HYCM, traders will find distinct offerings catered to different preferences and needs. FXCM, with a rating of 3.66/5, appeals to those valuing low spreads, a proprietary trading platform, and a strong educational focus, although it lacks a wide product range and is not available in the US. On the other hand, HYCM, rated 3.43/5, is ideal for traders seeking a broker with a longstanding reputation, robust regulatory oversight, and a variety of account types, but it offers limited educational resources and relies solely on MT4 and MT5 platforms. Both brokers provide competitive spreads starting from 0.2 pips and do not charge commissions, yet they differ significantly in their leverage offerings and minimum deposit requirements.
FXCM
HYCM
| FXCM | HYCM | |
|---|---|---|
| BrokerRank Score | 3.7/5 ✓ | 3.4/5 |
| Min. Deposit | $50 | $100 ✓ |
| Spread from | 0.2 pips | 0.2 pips |
| Max Leverage | 1:400 | 1:500 ✓ |
| Regulation | FCA, ASIC | FCA, CySEC, DFSA ✓ |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | MT4, MT5 |
FXCM is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowFXCM
WinnerHYCM
FXCM
HYCM
FXCM
3.7/5
Choose FXCM if you want…
HYCM
3.4/5
Choose HYCM if you want…
FXCM scores higher overall on our independent rating system. FXCM holds a 3.7/5 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.
FXCM offers spreads from 0.2 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
FXCM requires a minimum deposit of $50. HYCM requires $100.
FXCM is regulated by FCA, ASIC, while HYCM holds licences from FCA, CySEC, DFSA.
FXCM supports MT4, 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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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.