HYCM vs Windsor Brokers

HYCM vs Windsor Brokers Comparison Table 2024
HYCM	Windsor Brokers
Review 3.8	Review 3.5

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.	Windsor Brokers is a multi-regulated broker offering CFD trading on diverse instruments via the MetaTrader 4 platform. This CySEC-regulated firm offers tight spreads from 0.2 and $8 round-turn commissions on its Zero account as well as a commission-free account with spreads from 1 pip. The broker provides very high leverage up to 1:1000 while also providing a reliable service with client funds insured up to 5 million euros.
Bonus Offer
10% deposit bonus up to $5,000	$30 no deposit bonus
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."	"Both beginners and experienced forex traders will find good value in Windsor Brokers' flexible account options, which give the opportunity for highly leveraged trading with safeguards like negative balance protection."
Pros
The low $20 minimum deposit is suitable for beginners, as well as the Fixed spread account with no commissions The broker is overseen by trusted regulators, including the FCA MT4 and MT5 integration ensures that active day traders can access a vast selection of technical charting tools There's a good range of free analytical tools, particularly Seasonax for pattern analysis Spreads are competitive in the Raw account, starting from 0.1 pips for EUR/USD Traders can access fee-free payments with rapid processing	Tight spreads and competitive commissions on Zero account MT4 platform support plus copy trading functions Overseen by reputable regulators including CySEC Excellent range of educational materials High leverage up to 1:1000
Cons
Not the best overall range of assets, with just 200+ stocks Market coverage varies quite significantly between account types and platforms There's a high commission of $4 each way on the Raw account	No additional trading platform support Regulatory oversight varies between entities Weak customer support and live chat function
Awards
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	Best Multi-Trading Platform 2018 - Global Brands Magazine Best CSR Company 2018 – International Finance Magazine Most Transparent Forex Brokers 2018 - Jordan Forex Expo Most Trusted Forex Broker 2017 - UK Forex Awards Best Forex Provider 2014 - China International Expo Best Forex Broker 2011 - Middle East Forex Expo
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs	Forex, CFDs, indices, shares, commodities, treasuries
Demo Account
Yes	Yes
Minimum Deposit
$20	$100
Trading Platforms
HYCM Trader MT4 MT5 TradingCentral	MT4
Payment Methods
Bitcoin Payments Ethereum Payments Mastercard Neteller Skrill Visa Wire Transfer	Neteller Skrill Visa WebMoney
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, DFSA, CIMA, CySEC	CySEC (Cyprus), IFSC (Belize), JSC (Jordan)
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	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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	Yes
Android App Rating
3.6
iOS App Rating
3
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
USD EUR GBP RUB AED
Stock Exchanges
Australian Securities Exchange (ASX) Hang Seng
Commodities
Coffee Copper Cotton Gold Oil Palladium Platinum Silver Sugar	Gold Silver
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.	Trade CFDs on forex, stocks, indices, commodities, bonds and cryptos with a maximum 1:1000 leverage available from the offshore branches and 1:30 from the CySEC-regulated entity. The broker's dealing desk assures fast execution, but traders should note the broker does not offer any ECN or STP trading.
Leverage
1:301:500	1:30 (EU), 1:500 (Global)
FTSE Spread
1.5	N/A
GBPUSD Spread
0.1	0.5
Oil Spread
2.0	0.03
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 45+ forex pairs with lightning-fast execution and spreads from zero on majors. We were offered a tighter-than-average 0.5 spread on the GBP/USD pair and rated the powerful MetaTrader 4 platform.
GBPUSD Spread
0.4	0.5
EURUSD Spread
0.1	0.2
EURGBP Spread
0.4	0.5
Assets
40+	44
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	Floating
Coins
BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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