Higher Rated
HYCM
Capital at risk · T&Cs apply
Choosing between HYCM and Chipper Cash depends on your trading style, preferred markets, and budget. HYCM is headquartered in London, UK, while Chipper Cash operates from San Francisco, USA. HYCM has the longer track record, established in 1977, compared to Chipper Cash which was founded in 2018. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
HYCM
Chipper Cash
HYCM is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Chipper Cash offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
HYCM
3.4 vs 3.2
Lowest Fees
Chipper Cash
0.2 vs 0 pips
Regulation
HYCM
3 vs 2 licences
Min. Deposit
Chipper Cash
$100 vs $1
HYCM
Chipper Cash
HYCM
Chipper Cash
Lower feesHYCM holds licences from FCA, CySEC, DFSA. Chipper Cash is regulated by FCA, BoG.
Both brokers offer access to Stocks markets. HYCM additionally covers Forex, Cfd, Indices, Commodities. Chipper Cash adds Etf, Crypto.
On spreads, Chipper Cash is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
HYCM supports MT4, MT5. Chipper Cash offers Proprietary Mobile.
HYCM requires a minimum deposit of $100, while Chipper Cash sets a minimum deposit of $1. Both are suitable for traders with moderate starting capital.
BrokerRank scores HYCM at 3.43/5 and Chipper Cash at 3.19/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. HYCM leads overall with a clear advantage.
HYCM scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs Chipper Cash's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
HYCM offers spreads from 0.2 pips, while Chipper Cash starts at 0 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. Chipper Cash requires $1.
HYCM is regulated by FCA, CySEC, DFSA, while Chipper Cash holds licences from FCA, BoG.
HYCM supports MT4, MT5. Chipper Cash supports Proprietary Mobile.
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.