Updated September 29, 2026 · BrokerCue Editorial Team
growney vs HYCM
What sets them apart
| Compare |  growney |  HYCM |
|---|---|---|
| Markets | ETFs, Funds | Stocks, ETFs, Forex, CFDs, Crypto |
| Regulators | Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Deutsche Bundesbank | Financial Conduct Authority (FCA) |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Deposit and withdrawal fees | Tages- und Festgeld kostenlos | $0 card deposits |
| Minimum deposit | Not confirmed | $20 |
| Stock trade fee | Not confirmed | $0 |
| Platforms | Not confirmed | MT4, MT5, HYCM Trader |
| Account types | Joint, Corporate | Not confirmed |
| Interest on cash | 2.25% | Not confirmed |
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Key differences
- growney scores higher overall: 9.3 vs 8.9.
- Regulators: only growney offers Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Deutsche Bundesbank.
- Regulators: only HYCM offers Financial Conduct Authority (FCA).
- Markets: only growney offers Funds.
- Markets: only HYCM offers Stocks, Forex, CFDs.
- Support channels: only growney offers Phone, Chat, Email.
Our verdict on each
growney
growney suits beginners in Germany who want savings and a managed portfolio under one roof, with joint and corporate accounts offered alongside ETF, ESG and cash portfolios. Entry starts at €25, and cash is offered at 2.25%, so a saver can begin small.
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 | growney | HYCM |
|---|---|---|
| Cost | 8.9Management fee of 0.38% to 0.68% a year against a robo-advisor median of 0.35%, with deposits and withdrawals free. | 9.1HigherCost side is simple: a commission-free model and card deposits at $0 card deposits. |
| Offer | 9.6Higher | 9.0 |
| Trust | 9.4Higher | 8.6 |
How they place
| Ranking | growney | HYCM |
|---|---|---|
| Stock and ETF brokers | 70 of 471 | 162 of 471 |
Availability and regulation
| Country | growney | HYCM |
|---|---|---|
| Germany | Not confirmed | |
| United Kingdom | Not confirmed |
What each covers
| Markets | growney | HYCM |
|---|---|---|
| Stocks | No | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Crypto | No | Yes |
| Funds | Yes | No |
Where these facts come from
growney
- growney.de: 11 facts, checked September 26, 2026
HYCM
- hycm.com: 11 facts, checked September 26, 2026
Every fact side by side
| Fact | growney | HYCM |
|---|---|---|
| Features | Not confirmed | Mobile app, Crypto |
| Pricing model | Not confirmed | Commission free |
| Audience | Beginners | Not confirmed |
| Legal entity | growney GmbH | HYCM Capital Markets (UK) Limited |
| Headquarters | Germany | Not confirmed |
| Founded | 2014 | Not confirmed |
| Support channels | Phone, Chat, Email, Help centreCovers more | Help centre |
Where each stands against the rest
| Fact | growney | HYCM | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | $20below the median | $25 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Interest on cash | 2.25%below the median | Not confirmed | 3% |
Median across 134 listed brokers.
Pros and cons
growney
Pros
- Day and fixed-term deposits carry no deposit or withdrawal charge.
- German supervision through BaFin and the Deutsche Bundesbank, with protection at EU ICS up to EUR 20,000.
- Help runs on phone, chat and email, so a first-time investor has several routes to an answer.
Cons
- The management fee of 0.38% to 0.68% a year is the main ongoing cost, sitting above providers charging 0%.
- Instruments run to etfs and funds, so there is no direct share dealing here.
- Account types are limited to joint and corporate.
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
growney
Who it suits
- Beginners in Germany who want savings and a managed portfolio without choosing holdings themselves.
- Couples and companies, since joint and corporate accounts are supported.
- Anyone who wants day and fixed-term deposits alongside an invested plan.
Who should look elsewhere
- Not eToro, which charges 0% in management fees and suits people who place trades themselves.
- Not Axos Invest, whose minimum starts at $100 against €25 here.
- Not Vivid Standard, where plans run at 0.5% to 1.5% a year against 0.38% to 0.68% here.
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
Country by country
| Country | growney | HYCM |
|---|---|---|
| Germany | Yes | No |
Questions about each
growney
What does growney charge to manage my money?+
growney takes a management fee of 0.38% to 0.68% a year on the portfolio it runs. That is the main ongoing cost, and it sits in the middle of the robo-advisor range, where the upper quartile reaches 0.6%. Day and fixed-term deposits add no deposit or withdrawal charge.
How much do I need to start with growney?+
The minimum investment is €25, below the robo-advisor median of €60.06. A low entry suits a beginner trying a managed approach, and it makes it easy to hold a small portfolio while the rest of the money sits in savings.
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.