Scope Markets vs HYCM

Scope Markets vs HYCM Comparison Table 2022
Scope Markets HYCM
WINNER
Scope Markets is the better broker
Not Yet Rated
United States Flag Traders from US accepted
3.8
United States Flag Traders from US not accepted
Scope Markets offers day trading and investing in over 250 spot & CFD instruments. The firm is regulated and boasts competitive trading conditions, several account types and a range of payment methods. Trade on the financial markets with low cost, leveraged products at HYCM.
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
Promotions

HYCM Offers A 10% Deposit Bonus For New Traders

Bonus
10% deposit bonus up to $5,000
Instruments
Stocks, Futures, CFD, Forex, ETFs Forex, CFDs, Commodities, Shares, Indices, ETFs
Demo Account
No Yes
Minimum Deposit
$500 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
CMA, CySEC, FSCA FCA, DFSA, CIMA, CySEC
Margin Trading
Yes Yes
Margin Rate
Variable upon regulation and jurisdiction
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No
eSignal
No
Trading Central
Yes
STP Account
No No
ECN Account
No 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 Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes 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
No No
Demo Competitions
No No
Ethical Investing
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • RUB
  • AED
Stock Exchanges
Commodities
CFD Trading
Scope Markets clients can trade up to 63 CFD instruments, covering forex, precious metals, energies, indices and global shares. Trade on a range of leveraged CFD products at HYCM.
Leverage
1:30 Retail, 1:100 Professional 1:30 EU, 1:500 Global
FTSE Spread
0.4 Not offered
GBPUSD Spread<
1.0 From 0.1 + $4 per round
Oil Spread
0.2 From 2 pips
Stocks Spread
Variable Variable
Forex Trading
Scope Markets offers MT5 trading for a range of major, minor and exotic currency pairs with leverage rates as high as 1:30 for retail clients and 1:100 for professional traders. Trade on the FX market with flexible leverage and dynamic market spreads.
GBPUSD Spread
1.0 From 0.4 + $4 per round
EURUSD Spread
1.0 From 0.1 + $4 per round
EURGBP Spread
1.0 From 0.4 + $4 per round
Assets
44 40+
Cryptocurrency
Crypto trading not offered Trade the BTC/USD with 1:5 leverage
Spread
Variable
Coins
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
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