HYCM vs Trading 212 - BrokerCue
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Broker Comparison

HYCM vs Trading 212

Compare HYCM and Trading 212 side by side: fees, regulation, platforms.

HYCM

HYCM

Experienced forex and CFD traders

HYCM is a multi-regulated forex and CFD broker backed by Henyep Group, offering MetaTrader 4 and MetaTrader 5…

VS
Trading 212

Trading 212

Cost-conscious stock and ETF investors

Trading 212 offers commission-free investing in stocks and ETFs, fractional shares from £1, multi-currency ac…

Head-to-head comparison

HYCM vs Trading 212
Feature HYCM Trading 212
Minimum deposit - £1, €1, $1
Stock trading fee Available as CFDs; pricing via spread -
Regulators FCA, DFSA, CIMA FCA, BaFin, CySEC, ASIC
Best for Experienced forex and CFD traders Cost-conscious stock and ETF investors
Markets & account
Stocks
ETFs
-
Forex
-
CFDs
Margin
-
Multi Currency
Demo Account
-
Fractional Shares
-
Investment Plans
-
Ready Made Portfolios
-
Money Market Funds
-
Isa
-
Sipp
-

Pros & cons

HYCM

HYCM

Pros

  • FCA-regulated with FSCS protection up to £85,000
  • Raw account spreads from 0.1 pips on forex
  • Low swap rates suit swing and position traders
  • Low minimum deposit of $20
  • Free demo account available
  • Multiple account types including Fixed, Classic and Raw
  • Backed by Henyep Group, a financial conglomerate established in 1977

Cons

  • Fixed and Classic account spreads above industry average
  • CySEC license voluntarily renounced in June 2024 - no EU regulated entity
  • Crypto CFDs unavailable to UK FCA-regulated clients
  • $10 monthly inactivity fee after 90 days
  • $30 fee on bank wire withdrawals under $300
  • No copy trading or social trading features
  • No TradingView or cTrader integration
  • Demo accounts expire after 90 days
Trading 212

Trading 212

Pros

  • Free trading commission reduces dealing costs
  • Free custody keeps ongoing account costs low
  • Fractional shares start from £1
  • 0.15% FX fee on currency conversions
  • Free bank transfer deposits
  • Trading 212 does not charge withdrawal fees
  • Portfolio transfers are automatic, paperless and free
  • ATM withdrawals are free up to £400 per month

Cons

  • Card and wallet deposits cost 0.7% after £2,000 cumulative
  • Physical card costs £4.95
  • ATM withdrawals above £400 per month cost 1%
  • UK stamp duty is 0.5% on UK share purchases
  • PTM levy is £1.5 on UK share trades over £10,000
  • ADR fees may be $0.01-$0.05 per share each year
  • FINRA fee is $0.000195 per share on US share sales
HYCM

HYCM

HYCM is a multi-regulated forex and CFD broker backed by Henyep Group, offering MetaTrader 4 and MetaTrader 5 across forex, indices, commodities, stocks and crypto.

Visit HYCM Read review

Your capital is at risk. Other fees apply.

Trading 212

Trading 212

Trading 212 offers commission-free investing in stocks and ETFs, fractional shares from £1, multi-currency accounts, cash interest, ISA, SIPP and CFD access.

Visit Trading 212 Read review

Your capital is at risk. Other fees apply.

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