HYCM
Plus500
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
In comparing HYCM and Plus500, each broker has distinct features catering to different trader profiles. HYCM, established in 1977 and regulated by FCA, CySEC, and DFSA, appeals to experienced traders seeking robust regulatory oversight and the flexibility of MT4/MT5 platforms with competitive spreads starting at 0.2 pips. In contrast, Plus500, with a higher rating of 3.98/5, is ideal for beginners due to its user-friendly proprietary platform and extensive range of over 2,800 instruments, despite offering only CFD trading. While both brokers require a minimum deposit of $100, HYCM offers higher leverage up to 1:500, whereas Plus500 provides maximum leverage of 1:300.
HYCM
Plus500
| HYCM | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $100 | $100 |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:300 |
| Regulation | FCA, CySEC, DFSA | FCA, CySEC, ASIC ✓ |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 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
Plus500
WinnerHYCM
Lower feesPlus500
HYCM
3.4/5
Choose HYCM if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs Plus500's 4.0/5. 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 Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. Plus500 requires $100.
HYCM is regulated by FCA, CySEC, DFSA, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
HYCM supports MT4, MT5. Plus500 supports Proprietary Web, Proprietary Mobile.
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.