HYCM
Weltrade
VS
Higher Rated
HYCM
Capital at risk · T&Cs apply
Choosing between HYCM and Weltrade depends on your trading style, preferred markets, and budget. HYCM is headquartered in London, UK, while Weltrade operates from Limassol, Cyprus. HYCM has the longer track record, established in 1977, compared to Weltrade which was founded in 2006. 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
Weltrade
HYCM is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Weltrade offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
HYCM
3.4 vs 3.2
Lowest Fees
Weltrade
0.2 vs 0 pips
Regulation
HYCM
3 vs 1 licences
Min. Deposit
HYCM
$100 vs $25
HYCM
Weltrade
HYCM
Weltrade
Lower feesHYCM holds licences from FCA, CySEC, DFSA. Weltrade is regulated by FSA.
Both brokers offer access to Forex, Cfd, Indices, Commodities markets. HYCM additionally covers Stocks. Weltrade adds Crypto.
On spreads, Weltrade is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
HYCM supports MT4, MT5. Weltrade offers MT4, MT5. Both brokers are available on MT4, MT5.
HYCM requires a minimum deposit of $100, while Weltrade sets a minimum deposit of $25. Both are suitable for traders with moderate starting capital.
BrokerRank scores HYCM at 3.43/5 and Weltrade 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 Weltrade'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 Weltrade starts at 0 pips. Check the fees section above for a full breakdown.
HYCM requires a minimum deposit of $100. Weltrade requires $25.
HYCM is regulated by FCA, CySEC, DFSA, while Weltrade holds licences from FSA.
HYCM supports MT4, MT5. Weltrade supports 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.