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Side-by-Side Comparison Independent Updated Oct 19, 2026

HYCM vs Freetrade 2026: Which Broker is Better?

Compare HYCM and Freetrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

HYCM

Freetrade

Higher ratedHYCM logo

HYCM

3.6/ 5
Visit HYCM →Full review
VS
HYCMFreetrade
BrokerRank Score3.6/5 ✓3.0/5
Min. Deposit$100$0 ✓
Spread from0.2 pips0 pips ✓
Max Leverage1:500 ✓1:1
RegulationFCA, CySEC, DFSA ✓FCA
PlatformsMT4, MT5Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
FreetradeHYCM
Best for Low Fees
FreetradeHYCM
Best for Regulation
HYCMFreetrade
Best Overall
HYCMFreetrade
Quick Answer

HYCM is the better choice overall, scoring 3.6/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).

See full side-by-side comparison below

HYCM vs Freetrade: Key Differences

Feature

HYCM

Freetrade

Our Rating
3.6 / 5
3.0 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0.2 pips
0 pips
Commission
None
None
Regulated By
Platforms
MT4, MT5
Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Etf
Founded
1977
2016
Headquarters
London, UK
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

HYCM

Freetrade

Lower fees
Spread From
0.2 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

HYCM scores 3.56/5 while Freetrade scores 3.01/5 in our independent rating.

HYCM edges ahead overall, but Freetrade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

HYCM

HYCM

3.6/5

Top pick

Choose HYCM if you want…

  • Higher overall rating (3.6/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
Freetrade

Freetrade

3.0/5

Choose Freetrade if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both HYCM & Freetrade are available in

Frequently Asked Questions

1

Is HYCM better than Freetrade?

HYCM scores higher overall on our independent rating system. HYCM holds a 3.6/5 rating vs Freetrade's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, HYCM or Freetrade?

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

3

What is the minimum deposit for HYCM vs Freetrade?

HYCM requires a minimum deposit of $100. Freetrade requires $0.

4

Which broker is safer, HYCM or Freetrade?

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

5

What trading platforms do HYCM and Freetrade support?

HYCM supports MT4, MT5. Freetrade supports Proprietary Mobile.

6

Can I use both HYCM and Freetrade?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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