IQ Option vs HYCM

IQ Option vs HYCM Comparison Table 2023
IQ Option HYCM
WINNER
IQ Option is the better broker
4
3.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Open an account with just $10. Trade over 14 Cryptocurrencies directly, traditional forex with low spreadsor trade digital options with payouts up to 900% (successful trades only).

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

Risk Warning: Your Capital Might Be At Risk
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
  • 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
Bonus
10% deposit bonus up to $5,000
Instruments
CFD, Forex, Crypto, Stocks, Digital Options Forex, CFDs, Commodities, Shares, Indices, ETFs
Demo Account
Yes Yes
Minimum Deposit
$10 $100
Payment Methods
Minimum Trade
0.001 lots 0.01 lots
Regulator
FCA, DFSA, CIMA, CySEC
Margin Trading
Yes Yes
Margin Rate
0.2% Variable upon regulation and jurisdiction
MetaTrader 4
No Yes
MetaTrader 5
No 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
No No
ECN Account
No Yes
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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows Yes
Auto Trading
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
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • USD
  • EUR
  • GBP
  • RUB
  • AED
Stock Exchanges
Commodities
CFD Trading
Trade on a range of leveraged CFD products at HYCM.
Leverage
1:500 1:30 EU, 1:500 Global
FTSE Spread
From 1.5 + $4 per round
GBPUSD Spread<
1 From 0.1 + $4 per round
Oil Spread
2.3 From 2 pips
Stocks Spread
2 Variable
Forex Trading
IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area Trade on the FX market with flexible leverage and dynamic market spreads.
Forex App

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

GBPUSD Spread
5 pips From 0.4 + $4 per round
EURUSD Spread
14 pips From 0.1 + $4 per round
EURGBP Spread
15 pips From 0.4 + $4 per round
Assets
250+ 40+
Cryptocurrency
IQ Option are a leading Crypto broker. They offer multipliers, and a huge range of crypto markets. Trade the BTC/USD with 1:5 leverage
Spread
BTC 7%, ETH 12% (Var) Variable
Coins
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit. Binary options trading not offered
Payout
91%
Ladder Options
Yes No
Boundary Options
Yes No
Risk Warning: Your Capital Might Be At Risk
More Comparisons
IQ Option
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HYCM
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