Webull vs HYCM 2026: Which Broker is Better?
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 ✓ | 3.6/5 |
| 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 (3.6/5) and HYCM (3.6/5) are closely matched. Webull has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowWebull vs HYCM: Key Differences
Webull
WinnerHYCM
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Fees Comparison
Webull
Lower feesHYCM
Regulation & Trust
Webull holds licences from SEC, FCA. HYCM is regulated by FCA, CySEC, DFSA.
Markets & Assets
Both brokers offer access to Stocks, Forex, Indices markets. Webull additionally covers Crypto. HYCM adds Cfd, Commodities.
Fees & Spreads
On spreads, Webull is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at HYCM.
Trading Platforms
Webull supports Proprietary Web, Proprietary Mobile. HYCM offers MT4, MT5.
Minimum Deposit
Webull requires no minimum deposit, while HYCM sets a minimum deposit of $100. This makes Webull accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Webull
3.6/5
Choose Webull if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
HYCM
3.6/5
Choose HYCM if you want…
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
- 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 Webull & HYCM are available in
Frequently Asked Questions
1Is Webull better than HYCM?
Webull (3.6/5) and HYCM (3.6/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, Webull or HYCM?
Webull offers spreads from 0 pips, while HYCM starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Webull vs HYCM?
Webull requires a minimum deposit of $0. HYCM requires $100.
4Which broker is safer, Webull or HYCM?
Webull is regulated by SEC, FCA, while HYCM holds licences from FCA, CySEC, DFSA.
5What trading platforms do Webull and HYCM support?
Webull supports Proprietary Web, Proprietary Mobile. HYCM supports MT4, MT5.
6Can I use both Webull 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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