InstaForex
HYCM
VS
Higher Rated
InstaForex
Capital at risk · T&Cs apply
Choosing between InstaForex and HYCM depends on your trading style, preferred markets, and budget. InstaForex is headquartered in Kaliningrad, Russia, while HYCM operates from London, UK. HYCM has the longer track record, established in 1977, compared to InstaForex which was founded in 2007. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
InstaForex
HYCM
| InstaForex | HYCM | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $1 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | CySEC, FSA | FCA, CySEC, DFSA ✓ |
| Platforms | MT4, MT5, Proprietary Mobile | MT4, MT5 |
InstaForex is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, InstaForex offers lower spreads (0 pips).
See full side-by-side comparison belowInstaForex
WinnerHYCM
InstaForex
Lower feesHYCM
InstaForex holds licences from CySEC, FSA. HYCM is regulated by FCA, CySEC, DFSA.
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
On spreads, InstaForex is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
InstaForex supports MT4, MT5, Proprietary Mobile. HYCM offers MT4, MT5. Both brokers are available on MT4, MT5.
InstaForex requires a minimum deposit of $1, while HYCM sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
BrokerRank scores InstaForex at 3.59/5 and HYCM at 3.43/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. InstaForex leads overall with a clear advantage.
InstaForex
3.6/5
Choose InstaForex if you want…
HYCM
3.4/5
Choose HYCM if you want…
InstaForex scores higher overall on our independent rating system. InstaForex holds a 3.6/5 rating vs HYCM's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
InstaForex offers spreads from 0 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
InstaForex requires a minimum deposit of $1. HYCM requires $100.
InstaForex is regulated by CySEC, FSA, while HYCM holds licences from FCA, CySEC, DFSA.
InstaForex supports MT4, MT5, Proprietary Mobile. HYCM 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.