Plus500 vs HYCM 2026: Which Broker is Better?
Choosing between Plus500 and HYCM depends on your trading style, preferred markets, and budget. Plus500 is headquartered in Haifa, Israel, while HYCM operates from London, UK. HYCM has the longer track record, established in 1977, compared to Plus500 which was founded in 2008. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Plus500
HYCM
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Plus500 | HYCM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $100 | $100 |
| Spread from | 0.6 pips | 0.2 pips ✓ |
| Max Leverage | 1:30 | 1:500 ✓ |
| Regulation | FCA, CySEC, ASIC ✓ | FCA, CySEC, DFSA |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, HYCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowPlus500 vs HYCM: Key Differences
Plus500
WinnerHYCM
Fees Comparison
Plus500
HYCM
Lower feesRegulation & Trust
Plus500 holds licences from FCA, ASIC, MAS. HYCM is regulated by FCA, CySEC, DFSA.
Markets & Assets
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, HYCM is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.6 pips at Plus500.
Trading Platforms
Plus500 supports Proprietary Web, Proprietary Mobile. HYCM offers MT4, MT5.
Minimum Deposit
Plus500 requires a minimum deposit of $100, while HYCM sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores Plus500 at 3.98/5 and HYCM at 3.43/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Plus500 leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Plus500
4.0/5
Choose Plus500 if you want…
- Higher overall rating (4.0/5)
- More regulatory licences (4)
HYCM
3.6/5
Choose HYCM if you want…
- Tighter spreads (from 0.2 pips)
- Higher leverage (up to 1:500)
- More established (est. 1977)
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 Plus500 & HYCM are available in
Frequently Asked Questions
1Is Plus500 better than HYCM?
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs HYCM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Plus500 or HYCM?
Plus500 offers spreads from 0.6 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs HYCM?
Plus500 requires a minimum deposit of $100. HYCM requires $100.
4Which broker is safer, Plus500 or HYCM?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while HYCM holds licences from FCA, CySEC, DFSA.
5What trading platforms do Plus500 and HYCM support?
Plus500 supports Proprietary Web, Proprietary Mobile. HYCM supports MT4, MT5.
6Can I use both Plus500 and HYCM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Plus500
80% of retail CFD accounts lose money.