HYCM vs Degiro
HYCM | DEGIRO |
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3.8
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2.8
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Traders from US not accepted
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Traders from US not accepted
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HYCM is an online broker with authorization from four international bodies including the FCA and CySEC. The broker offers short-term CFD trading on forex, shares, commodities, indices, ETFs and Bitcoin, and supports the MT4 and MT5 platforms, as well as Trading Central analysis. |
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs. |
Investing involves risk of loss | |
Bonus Offer | |
10% deposit bonus up to $5,000 | |
Comment by Reviewer | |
"Traders looking for a multi-asset broker with good platform support, extra analysis features and strong regulation should try HYCM. The competitive raw-spread accounts will also serve scalpers and high-volume traders." | "Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs | Stocks, ETFs, Bonds, Futures, Options, Warrants |
Demo Account | |
Yes | No |
Minimum Deposit | |
$20 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | Variable |
Regulator | |
FCA, DFSA, CIMA, CySEC | BaFin, FCA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
Variable upon regulation and jurisdiction | 4% |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | 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 | No |
Mobile Apps | |
iOS & Android | iOS, Android & Windows |
Android App Rating | |
3.6 |
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iOS App Rating | |
3 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | Yes |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$10 | $0 |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
HYCM traders can access CFDs on a range of stocks, indices, commodities and ETFs with floating spreads and maximum leverage varying by instrument. Clients also have a choice between two industry-leading platforms. | CFD trading not offered |
Leverage | |
1:301:500 | |
FTSE Spread | |
1.5 | N/A |
GBPUSD Spread | |
0.1 | N/A |
Oil Spread | |
2.0 | N/A |
Stocks Spread | |
2.2% | N/A (Flat fee applies) |
Forex Trading | |
HYCM offers 40+ forex pairs, with most available to trade on either the MT4 or MT5 platform. The maximum leverage on offer is 1:30 in accordance with regulations, and tight spreads start from 0.2 on the Raw account and from 1.2 on the commission-free Classic account. | Forex trading not offered |
GBPUSD Spread | |
0.4 | N/A |
EURUSD Spread | |
0.1 | N/A |
EURGBP Spread | |
0.4 | N/A |
Assets | |
40+ | |
Cryptocurrency | |
HYCM only offers trading opportunities on Bitcoin, which is traded via CFD in a pair with USD. Whilst exposure to the largest crypto by market cap is good, access to other digital currencies would bring the broker in line with competitors. | Crypto trading not offered |
Spread | |
Variable | |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Investing involves risk of loss | |
More Comparisons | |
HYCM vs |
DEGIRO vs |