Updated September 29, 2026 · BrokerCue Editorial Team

flatex Online-Broker (DE) vs HYCM

flatex Online-Broker (DE) scores 8.8 and HYCM 8.9 out of 10. Compare their differences and shared features below.

flatex Online-Broker (DE)

8.8/10

Facts checked September 26, 2026.

HYCM

8.9/10

Facts checked September 26, 2026.

What sets them apart

flatex Online-Broker (DE) vs HYCM
Compare
flatex Online-Broker (DE)flatex Online-Broker (DE)
ReviewSee alternativesSee alternatives
HYCMHYCM
ReviewSee alternativesSee alternatives
Stock trade fee€5.90$0
MarketsStocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Funds, MetalsCovers moreStocks, ETFs, Forex, CFDs, Crypto
RegulatorsBaFinFinancial Conduct Authority (FCA)
Investor protectionEU ICS up to EUR 20,000FSCS up to GBP 85,000
Deposit and withdrawal feesFree$0 card deposits
PlatformsWeb, MobileMT4, MT5, HYCM Trader
Minimum depositNot confirmed$20
Account fee€0Not confirmed
Currency conversion fee0.4%Not confirmed
Account typesJointNot confirmed

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Key differences

  • HYCM scores higher overall: 8.9 vs 8.8.
  • Regulators: only flatex Online-Broker (DE) offers BaFin.
  • Regulators: only HYCM offers Financial Conduct Authority (FCA).
  • Markets: only flatex Online-Broker (DE) offers Options, Bonds, Funds.
  • Platforms: only flatex Online-Broker (DE) offers Web, Mobile.
  • Platforms: only HYCM offers MT4, MT5, HYCM Trader.
  • Support channels: only flatex Online-Broker (DE) offers Email, Phone.
  • Features: only flatex Online-Broker (DE) offers Demo account.
  • Pricing model: only flatex Online-Broker (DE) offers Low fees.
  • Pricing model: only HYCM offers Commission free.

Our verdict on each

flatex Online-Broker (DE)

flatex suits investors who prefer a flat fee per trade and no account charge. A stock trade costs €5.90, the account fee is €0 and deposits and withdrawals are free, so holding an account costs nothing beyond each order placed.

Read the full flatex Online-Broker (DE) review

HYCM

HYCM suits UK and European retail traders who want forex, CFDs, shares, ETFs and crypto on one account. Commission-free pricing with a stock trade fee of $0 and a minimum deposit of $20 keeps charges easy to read, though help runs thinner than at the alternatives.

Read the full HYCM review

Score breakdown

flatex Online-Broker (DE) vs HYCM
Areaflatex Online-Broker (DE)HYCM
Cost8.8Account fee of €0, a flat €5.90 per stock trade and free deposits.9.1HigherCost side is simple: a commission-free model and card deposits at $0 card deposits.
Offer9.2Higher9.0
Trust8.68.6

How they place

flatex Online-Broker (DE) vs HYCM
Rankingflatex Online-Broker (DE)HYCM
Stock and ETF brokers178 of 471162 of 471
Forex brokers75 of 14770 of 147
Low-spread forex brokers73 of 14568 of 145
CFD brokers63 of 12259 of 122

Where each is licensed and available

flatex Online-Broker (DE) vs HYCM
Countryflatex Online-Broker (DE)HYCM
GermanyNot confirmed
United KingdomNot confirmed

Which one suits you

Pick flatex Online-Broker (DE) if markets matter most.

Pick HYCM if cost matter most.

Every fact side by side

flatex Online-Broker (DE) vs HYCM
Factflatex Online-Broker (DE)HYCM
FeaturesCrypto, Demo account, Mobile appCovers moreMobile app, Crypto
Pricing modelLow feesCommission free
Legal entityflatexDEGIRO SEHYCM Capital Markets (UK) Limited
HeadquartersGermanyNot confirmed
Support channelsEmail, Phone, Help centreCovers moreHelp centre

Where each stands against the rest

flatex Online-Broker (DE) vs HYCM
Factflatex Online-Broker (DE)HYCMMedian
Minimum depositNot confirmed$20below the median$25
Account fee€0at the medianNot confirmed€0
Currency conversion fee0.4%below the medianNot confirmed0.45%

Median across 134 listed brokers.

Pros and cons

flatex Online-Broker (DE)

Pros

  • No account fee: €0 on the standard account.
  • Deposits and withdrawals are free: free.
  • A flat stock trade fee of €5.90 rather than a percentage, with currency exchange at 0.4%.

Cons

  • The stock trade fee of €5.90 is higher than most rivals, where the site median is €0.
  • Only a joint account type is listed in joint, so there is no ISA or SIPP wrapper for UK investors.
  • Support runs on email, phone and help centre only, with no live chat listed.

HYCM

Pros

  • Commission-free dealing with a stock trade fee of $0
  • Entry of $20, below the site median of €4.64
  • Card deposits at $0 card deposits

Cons

  • Support runs on help centre only
  • No bonds, funds or futures in the stocks, etfs and forex list
  • Entry of $20 sits above the $0 minimum at CFI

Who each suits

flatex Online-Broker (DE)

Who it suits

  • Investors in Germany who want a flat fee per trade and no account charge
  • Long-term stock, ETF, fund and bond holders rather than active traders
  • Anyone who needs crypto, forex, CFDs and options under the same account

Who should look elsewhere

  • Day traders, who pay €5.90 on every small order where eToro charges $0
  • UK investors after an ISA or SIPP wrapper, since joint lists a joint account only

HYCM

Who it suits

  • Retail traders in the UK and Europe who want forex and CFDs beside shares and crypto in one account
  • Beginners who prefer commission-free dealing to a tiered commission schedule
  • Anyone who values a low entry point of $20 and a mobile app

Who should look elsewhere

  • eToro, if you need futures as well as the stocks, etfs and forex it lists
  • CFI, if you would rather start at $0
  • Vantage, whose $5 entry sets a different bar

Current offers

flatex Online-Broker (DE)

Current offer

  • Bonus

    20 commission-free trades on account opening: 20 trades

    upon account opening

    Source, checked September 26, 2026

Country by country

flatex Online-Broker (DE) vs HYCM
Countryflatex Online-Broker (DE)HYCM
GermanyYesNo

Questions about each

flatex Online-Broker (DE)

What does it cost to trade a stock at flatex?+

A stock trade costs €5.90 per order, the same flat rate on every trade size. There is no account fee, at €0, so holding an account adds nothing to the bill. For comparison, the typical broker charges €0 per stock trade.

Is there any account or inactivity fee?+

The account fee is €0, so there is nothing to pay for holding the account open. No separate inactivity charge appears in the available details. Across the brokers listed, the highest account fee reaches €219.24.

HYCM

What does it cost to buy shares with HYCM?+

HYCM trades commission-free, and the stock trade fee on the account types is $0. Deals are not split into tiers, so the headline dealing charge is easy to read. Costs still show up in the spread and in overnight charges if you hold leveraged positions open.

How much do I need to deposit to open an account?+

The minimum deposit is $20, which sits below the site median of €4.64. On entry size HYCM ranks 118 of 213 brands, so the opening balance is modest. Stock dealing itself adds a stock trade fee of $0.

Other options to compare

Other matchups

HYCM

HYCM

Higher score in this comparison

8.9/10See alternatives

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