HYCM
Tiger Brokers
VS
Higher Rated
Tiger Brokers
Capital at risk · T&Cs apply
In the competitive landscape of online trading, HYCM and Tiger Brokers cater to distinct trader profiles with their unique offerings. HYCM, established in 1977 and regulated by the FCA, CYSEC, and DFSA, appeals to traders seeking a broad range of markets, including forex and cryptocurrencies, with robust regulatory oversight and the MT4/MT5 platforms. In contrast, Tiger Brokers, founded in 2014 and regulated by MAS and ASIC, attracts traders focused on stock markets across the Asia-Pacific region with its proprietary, app-centric platforms and access to fractional shares. While HYCM is ideal for those prioritising diverse asset classes and high leverage, Tiger Brokers is best suited for traders interested in low commissions and regional stock markets.
HYCM
Tiger Brokers
| HYCM | Tiger Brokers | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.6/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | FCA, CySEC, DFSA ✓ | MAS, ASIC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Tiger Brokers is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Tiger Brokers offers lower spreads (0 pips).
See full side-by-side comparison belowHYCM
Tiger Brokers
WinnerHYCM
Tiger Brokers
HYCM
3.4/5
Choose HYCM if you want…
Tiger Brokers
3.6/5
Choose Tiger Brokers if you want…
Tiger Brokers scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs Tiger Brokers'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 Tiger Brokers starts at 0 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. Tiger Brokers requires $0.
HYCM is regulated by FCA, CySEC, DFSA, while Tiger Brokers holds licences from MAS, ASIC.
HYCM supports MT4, MT5. Tiger Brokers 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.
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.