Updated September 29, 2026 · BrokerCue Editorial Team
FXCC vs HYCM
FXCC vs HYCM: the differences
| Compare | FXCC ReviewSee alternativesSee alternatives |  HYCM |
|---|---|---|
| Minimum deposit | $0Lower | $20 |
| Markets | Stocks, Forex, Crypto, Metals | Stocks, ETFs, Forex, CFDs, Crypto |
| Regulators | Mwali International Services Authorities (MISA) | Financial Conduct Authority (FCA) |
| Deposit and withdrawal fees | No fees charged by broker | $0 card deposits |
| Platforms | MT4, MT5 | MT4, MT5, HYCM TraderCovers more |
| Investor protection | Not confirmed | FSCS up to GBP 85,000 |
Same on both: Stock trade fee ($0).
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Key differences
- FXCC scores higher overall: 9.1 vs 8.9.
- Regulators: only FXCC offers Mwali International Services Authorities (MISA).
- Regulators: only HYCM offers Financial Conduct Authority (FCA).
- Minimum deposit is lower at FXCC: $0 vs $20.
- Markets: only FXCC offers Metals.
- Markets: only HYCM offers ETFs, CFDs.
- Platforms: only HYCM offers HYCM Trader.
- Support channels: only FXCC offers Email, Chat, Phone.
- Support channels: only HYCM offers Help centre.
- Features: only FXCC offers Demo account.
Our verdict on each
FXCC
FXCC keeps entry cheap: the minimum deposit is $0, the stock trade fee is $0 and pricing is commission-free. It suits beginners and forex traders who want MT4 or MT5, a demo account and no broker charge on deposits, with a named regulator and licence behind the account.
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.
Score breakdown
| Area | FXCC | HYCM |
|---|---|---|
| Cost | 9.6HigherCommission-free pricing (commission free) with $0 to open, and the broker states No fees charged by broker. | 9.1Cost side is simple: a commission-free model and card deposits at $0 card deposits. |
| Offer | 9.1Higher | 9.0 |
| Trust | 8.8Higher | 8.6 |
Which one suits you
Pick FXCC if cost and minimum deposit matter most.
Pick HYCM if platforms matter most.
Availability and regulation
| Country | FXCC | HYCM |
|---|---|---|
| Comoros | Not confirmed | |
| United Kingdom | Not confirmed |
How they place
| Ranking | FXCC | HYCM |
|---|---|---|
| Stock and ETF brokers | 113 of 471 | 162 of 471 |
| Forex brokers | 49 of 147 | 70 of 147 |
| Low-spread forex brokers | 47 of 145 | 68 of 145 |
Every fact side by side
| Fact | FXCC | HYCM |
|---|---|---|
| Features | Mobile app, Demo account | Mobile app, Crypto |
| Pricing model | Commission free | Commission free |
| Legal entity | Central Clearing Ltd | HYCM Capital Markets (UK) Limited |
| Founded | 2010 | Not confirmed |
| Support channels | Email, Chat, Phone | Help centre |
Where each stands against the rest
| Fact | FXCC | HYCM | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $20below the median | $25 |
| Stock trade fee | $0at the median | $0at the median | $0 |
Median across 134 listed brokers.
Pros and cons
FXCC
Pros
- Ranks at the top of 213 brands on minimum deposit, at $0.
- A commission-free model and a stock trade fee of $0, at the top of 161 brands for that fee.
- Both a mobile app and a demo account are offered (mobile app and demo account), so you can practise before funding.
Cons
- The listed regulator is Mwali International Services Authorities (MISA), so there is no UK or EU protection scheme behind the account.
- The market list is short at stocks, forex and crypto, with no ETF, bond or fund line on it.
- Most retail accounts lose money: the share that do runs at 70.15% across the site and 72.13% in the forex list.
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
FXCC
Who it suits
- Beginners who want a demo account and $0 to start with.
- Traders already working in MT4 and MT5 who prefer commission-free pricing.
- Traders who hold metals or crypto alongside forex, since stocks, forex and crypto covers them.
Who should look elsewhere
- Anyone after the longest market list: CFI covers stocks, etfs and forex.
- Traders who want futures in the same account: eToro covers stocks, etfs and forex.
- Investors who prefer a stated entry level rather than $0: Vantage asks $5.
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
Questions about each
FXCC
What does it cost to trade with FXCC?+
The minimum deposit is $0 and the stock trade fee is $0. The pricing model is commission-free, so a trade does not carry a separate commission and the usual cost sits in the spread. Support runs on email, chat and phone.
Are there fees for depositing or withdrawing money?+
The broker states No fees charged by broker, so moving money in or out of the account does not add a cost. That matters for smaller accounts, where a fixed transfer charge would eat into a balance opened at $0.
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.