Webull
HYCM
VS
Higher Rated
Webull
Capital at risk · T&Cs apply
Choosing between Webull and HYCM depends on your trading style, preferred markets, and budget. Webull is headquartered in New York, USA, while HYCM operates from London, UK. HYCM has the longer track record, established in 1977, compared to Webull 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.
Webull
HYCM
| Webull | HYCM | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:4 | 1:500 ✓ |
| Regulation | SEC, FCA | FCA, CySEC, DFSA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Webull is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Webull offers lower spreads (0 pips).
See full side-by-side comparison belowWebull
WinnerHYCM
Webull
Lower feesHYCM
Webull holds licences from SEC, FCA. HYCM is regulated by FCA, CySEC, DFSA.
Both brokers offer access to Stocks, Forex, Indices markets. Webull additionally covers Crypto. HYCM adds Cfd, Commodities.
On spreads, Webull is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
Webull supports Proprietary Web, Proprietary Mobile. HYCM offers MT4, MT5.
Webull requires no minimum deposit, while HYCM sets a minimum deposit of $100. This makes Webull accessible to traders with any budget.
BrokerRank scores Webull at 3.58/5 and HYCM at 3.43/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Webull leads overall with a clear advantage.
Webull
3.6/5
Choose Webull if you want…
HYCM
3.4/5
Choose HYCM if you want…
Webull scores higher overall on our independent rating system. Webull 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.
Webull offers spreads from 0 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Webull requires a minimum deposit of $0. HYCM requires $100.
Webull is regulated by SEC, FCA, while HYCM holds licences from FCA, CySEC, DFSA.
Webull supports Proprietary Web, 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.