HYCM
NAGA
VS
Higher Rated
NAGA
Capital at risk · T&Cs apply
In the "HYCM vs NAGA" broker comparison, traders will discover two distinct offerings tailored to different trading preferences. HYCM, established in 1977 and headquartered in London, appeals to traditional traders seeking a well-regulated broker with a long-standing reputation, offering a wide range of markets including forex and CFDs with competitive spreads starting from 0.2 pips. In contrast, NAGA, founded in 2015 in Hamburg, caters to tech-savvy traders interested in social and copy trading, providing a proprietary platform alongside MT4 and MT5 with a focus on community-driven trading experiences. While HYCM benefits from its robust regulatory framework and extensive market presence, NAGA stands out with its innovative social trading features, making it ideal for those looking to engage with a connected trading community.
HYCM
NAGA
| HYCM | NAGA | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.5/5 ✓ |
| Min. Deposit | $100 ✓ | $250 |
| Spread from | 0.2 pips ✓ | 0.7 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, CySEC, DFSA ✓ | CySEC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, MT4 |
NAGA is the better choice overall, scoring 3.5/5 vs 3.4/5 on BrokerRank's independent rating. On fees, HYCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowHYCM
WinnerNAGA
HYCM
Lower feesNAGA
HYCM
3.4/5
Choose HYCM if you want…
NAGA
3.5/5
Choose NAGA if you want…
NAGA scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs NAGA's 3.5/5. 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 NAGA starts at 0.7 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. NAGA requires $250.
HYCM is regulated by FCA, CySEC, DFSA, while NAGA holds licences from CySEC.
HYCM supports MT4, MT5. NAGA supports Proprietary Web, Proprietary Mobile, 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.