HYCM vs FIBO Group
HYCM | FIBO Group |
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3.8
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Not Yet Rated
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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. |
FIBO Group is a dual-licensed forex broker offering multiple trading platforms. |
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." | |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs | Forex, CFDs, cryptos, spot metals |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$20 | $50 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, DFSA, CIMA, CySEC | CySEC, FSC BVI |
Margin Trading | |
Yes | No |
Margin Rate | |
Variable upon regulation and jurisdiction | |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
No | Yes |
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 | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | Yes |
Android App Rating | |
3.6 |
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iOS App Rating | |
3 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
No | No |
Social Trading | |
No | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
Yes | Yes |
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. | Speculate on the financial markets with a range of CFDs. |
Leverage | |
1:301:500 | 1:1000 |
FTSE Spread | |
1.5 | 3.5 |
GBPUSD Spread | |
0.1 | 0.5 |
Oil Spread | |
2.0 | $0.08 |
Stocks Spread | |
2.2% | Variable |
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. | Trade dozens of online currencies with competitive leverage rates. |
GBPUSD Spread | |
0.4 | 0.5 |
EURUSD Spread | |
0.1 | 0.3 |
EURGBP Spread | |
0.4 | 0.5 |
Assets | |
40+ | 60+ |
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. | Trade crypto and USD cross pairs. |
Spread | |
Variable | Floating |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
More Comparisons | |
HYCM vs |
FIBO Group vs |