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FBS vs HYCM

FBS vs HYCM Comparison Table 2023
FBS HYCM
Review
4.3
Review
3.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FBS is a top online broker offering MT4 & MT5 trading across a range of popular markets. Multiple account tiers and loyalty bonuses are available.

Trade on the financial markets with low cost, leveraged products at HYCM.

Awards
  • Best Customer Service Broker WBO 2022
  • Most Reliable Forex Broker MENA 2020
  • Best Social Trading Application MENA 2020
  • Best Mobile Trading Platform Asia 2020
  • Best FX Broker Europe 2019
  • Most Transparent Forex Broker 2018
  • Best Forex Broker Asia 2018
  • Best Safety of Client Funds Asia 2015
  • Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany
  • Best Trading Platform App 2021 - Forex Expo
  • Best Mobile Trading App 2020 - World of Finance Forex Award
Promotions

FBS: $140 Level Up Bonus

FBS Makes Copytrading Risk-Free On Your First Three Trades
Bonus
$100 welcome bonus (only available in certain regions) 10% deposit bonus up to $5,000
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies Forex, CFDs, Commodities, Shares, Indices, ETFs
Demo Account
Yes Yes
Minimum Deposit
$1 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, CySEC, IFSC, FSCA FCA, DFSA, CIMA, CySEC
Margin Trading
Yes Yes
Margin Rate
Variable upon regulation and jurisdiction
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes (EAs) Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
Copy the positions of experienced and profitable traders at HYCM with straightforward risk management tools.
Social Trading
No No
Trade Signals
MT4 & MT5
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • RUB
  • AED
Stock Exchanges
Commodities
CFD Trading
Go long or short on popular financial markets with leveraged CFDs Trade on a range of leveraged CFD products at HYCM.
Leverage
1:30 EU and restricted countries, 1:3000 rest of the world 1:30 EU, 1:500 Global
FTSE Spread
From 0.0 From 1.5 + $4 per round
GBPUSD Spread<
From 0.6 From 0.1 + $4 per round
Oil Spread
From 0.0 From 2 pips
Stocks Spread
Variable Variable
Forex Trading
Trade a long list of currencies, including exotics, with competitive spreads Trade on the FX market with flexible leverage and dynamic market spreads.
Forex App

The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
From 0.6 From 0.4 + $4 per round
EURUSD Spread
From 0.5 From 0.1 + $4 per round
EURGBP Spread
From 2.1 From 0.4 + $4 per round
Assets
44 40+
Cryptocurrency
FBS offer trading on crypto/metal, crypto/crypto or crypto/fiat pairs. Trade the BTC/USD with 1:5 leverage
Spread
Floating Variable
Coins
  • ADA
  • ALG
  • AVA
  • BAT
  • BCH
  • BNB
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • FIL
  • IOT
  • LNK
  • LTC
  • MKR
  • MTC
  • NEO
  • OMG
  • SHB
  • SOL
  • TRX
  • UNI
  • VEC
  • XLM
  • XMR
  • XRPZEC
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
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