Side-by-Side Comparison Independent Updated Jul 23, 2026
HYCM vs MEXC 2026: Which Broker is Better?
Compare HYCM and MEXC side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
HYCM
MEXC
VS
| HYCM | MEXC | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.0/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | FCA, CySEC, DFSA ✓ | FSA |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
MEXCHYCM
Best for Low Fees
MEXCHYCM
Best for Regulation
HYCMMEXC
Best Overall
MEXCHYCM
Quick Answer
MEXC is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, MEXC offers lower spreads (0 pips).
See full side-by-side comparison belowHYCM vs MEXC: Key Differences
Feature
HYCM
MEXC
WinnerOur Rating
3.6 / 5
4.0 / 5
Min. Deposit
$100
$0
Spread From
0.2 pips
0 pips
Commission
None
None
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
1977
2018
Headquarters
London, UK
Seychelles
Score
1 / 4
3 / 4
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Find my matchFees Comparison
Fee
HYCM
MEXC
Lower feesSpread 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 MEXC scores 4.00/5 in our independent rating.
MEXC edges ahead overall, but HYCM 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
3.6/5
Choose HYCM if you want…
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
- More established (est. 1977)
MEXC
4.0/5
Choose MEXC if you want…
- Higher overall rating (4.0/5)
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
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.
Both HYCM & MEXC are available in
Frequently Asked Questions
1Is HYCM better than MEXC?
MEXC scores higher overall on our independent rating system. HYCM holds a 3.6/5 rating vs MEXC's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, HYCM or MEXC?
HYCM offers spreads from 0.2 pips, while MEXC starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for HYCM vs MEXC?
HYCM requires a minimum deposit of $100. MEXC requires $0.
4Which broker is safer, HYCM or MEXC?
HYCM is regulated by FCA, CySEC, DFSA, while MEXC holds licences from FSA.
5What trading platforms do HYCM and MEXC support?
HYCM supports MT4, MT5. MEXC supports Proprietary Web, Proprietary Mobile.
6Can I use both HYCM and MEXC?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
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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.
Higher Rated
MEXC
Capital at risk · T&Cs apply