Side-by-Side Comparison Independent Updated Apr 19, 2026
HYCM vs Upbit 2026: Which Broker is Better?
Choosing between HYCM and Upbit depends on your trading style, preferred markets, and budget. HYCM is headquartered in London, UK, while Upbit operates from Seoul, South Korea. HYCM has the longer track record, established in 1977, compared to Upbit which was founded in 2017. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
HYCM
Upbit
VS
| HYCM | Upbit | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.2/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | FCA, CySEC, DFSA ✓ | FSC, MAS |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
UpbitHYCM
Best for Low Fees
UpbitHYCM
Best for Regulation
HYCMUpbit
Best Overall
HYCMUpbit
Quick Answer
HYCM is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Upbit offers lower spreads (0 pips).
See full side-by-side comparison belowHYCM vs Upbit: Key Differences
Feature
HYCM
WinnerUpbit
Our Rating
3.4 / 5
3.2 / 5
Min. Deposit
$100
$0
Spread From
0.2 pips
0 pips
Commission
None
$0.05/lot
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
1977
2017
Headquarters
London, UK
Seoul, South Korea
Score
3 / 5
2 / 5
Fees Comparison
Fee
HYCM
Upbit
Spread From
0.2 pips
0 pips
Commission
None
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
Regulation & Trust
HYCM holds licences from FCA, CySEC, DFSA. Upbit is regulated by MAS, FSC.
Markets & Assets
HYCM additionally covers Forex, Cfd, Stocks, Indices, Commodities. Upbit adds Crypto.
Fees & Spreads
On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
Trading Platforms
HYCM supports MT4, MT5. Upbit offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
HYCM requires a minimum deposit of $100, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.
Overall Ratings
BrokerRank scores HYCM at 3.43/5 and Upbit at 3.18/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. HYCM leads overall with a clear advantage.
BrokerRank Verdict
HYCM is our recommended pick in this comparison, scoring 3.43/5 versus Upbit's 3.18/5. Both brokers carry equivalent tier-1 regulation. Upbit has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find Upbit's lower minimum deposit of $0 more accessible. Upbit is still a solid option for beginners starting with a smaller initial capital, but HYCM offers a stronger overall package for the majority of traders.
Who Should Choose Which?
HYCM
3.4/5
Choose HYCM if you want…
- Higher overall rating (3.4/5)
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (3)
Upbit
3.2/5
Choose Upbit if you want…
- 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 & Upbit are available in
Frequently Asked Questions
1Is HYCM better than Upbit?
HYCM scores higher overall on our independent rating system. HYCM holds a 3.4/5 rating vs Upbit's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, HYCM or Upbit?
HYCM offers spreads from 0.2 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for HYCM vs Upbit?
HYCM requires a minimum deposit of $100. Upbit requires $0.
4Which broker is safer, HYCM or Upbit?
HYCM is regulated by FCA, CySEC, DFSA, while Upbit holds licences from FSC, MAS.
5What trading platforms do HYCM and Upbit support?
HYCM supports MT4, MT5. Upbit supports Proprietary Web, Proprietary Mobile.
6Can I use both HYCM and Upbit?
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.
Higher Rated
HYCM
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