Higher Rated
MultiBank Group
Capital at risk · T&Cs apply
In this comparison of HYCM and MultiBank Group, both brokers offer a wide range of financial instruments including forex, CFDs, stocks, indices, commodities, and cryptocurrencies. The key difference lies in their regulatory breadth and trading costs: HYCM, with its long-standing history since 1977 and regulation by the FCA, CySEC, and DFSA, appeals to traders seeking a broker with a traditional approach and no commissions, albeit with a slightly higher minimum deposit requirement. Conversely, MultiBank Group, founded in 2005 and regulated by over 14 authorities including ASIC, is ideal for cost-conscious traders attracted by spreads from 0 pips and a lower minimum deposit, despite its complex fee structure.
HYCM
MultiBank Group
| HYCM | MultiBank Group | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.6/5 ✓ |
| Min. Deposit | $100 ✓ | $50 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, CySEC, DFSA | ASIC, FCA, CySEC |
| Platforms | MT4, MT5 | MT4, MT5 |
MultiBank Group is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, MultiBank Group offers lower spreads (0 pips).
See full side-by-side comparison belowHYCM
MultiBank Group
WinnerHYCM
MultiBank Group
HYCM
3.4/5
Choose HYCM if you want…
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
MultiBank Group scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs MultiBank Group's 3.6/5. 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 MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. MultiBank Group requires $50.
HYCM is regulated by FCA, CySEC, DFSA, while MultiBank Group holds licences from ASIC, FCA, CySEC.
HYCM supports MT4, MT5. MultiBank Group 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.