HYCM
Upbit
VS
Higher Rated
HYCM
Capital at risk · T&Cs apply
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
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 belowOverall Rating
HYCM
3.4 vs 3.2
Lowest Fees
Upbit
0.2 vs 0 pips
Regulation
HYCM
3 vs 2 licences
Min. Deposit
Upbit
$100 vs $0
HYCM
WinnerUpbit
HYCM
Upbit
HYCM holds licences from FCA, CySEC, DFSA. Upbit is regulated by MAS, FSC.
HYCM additionally covers Forex, Cfd, Stocks, Indices, Commodities. Upbit adds Crypto.
On spreads, Upbit is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
HYCM supports MT4, MT5. Upbit offers Proprietary Web, Proprietary Mobile.
HYCM requires a minimum deposit of $100, while Upbit sets no minimum deposit. This makes Upbit accessible to traders with any budget.
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.
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.
HYCM offers spreads from 0.2 pips, while Upbit starts at 0 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. Upbit requires $0.
HYCM is regulated by FCA, CySEC, DFSA, while Upbit holds licences from FSC, MAS.
HYCM supports MT4, MT5. Upbit 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.