AMarkets vs HYCM Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - AMarkets or HYCM?
Our pick: AMarkets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - AMarkets looks preferable to HYCM.
AMarkets scored 4.4/5 and ranks 13 in our all Forex brokers list, whereas HYCM has 4.2/5 and ranks 33.
This is not financial advice. See the full comparison below.
Who is AMarkets suitable for?
AMarkets is suitable for independent traders and investors due to various accounts, narrow spreads, and the possibility of engaging in copy trading.
Who is HYCM suitable for?
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
Comparison Table of AMarkets and HYCM
| Broker | AMarkets | HYCM |
|---|---|---|
| Rating | 4.4/5 | 4.2/5 |
| Foundation Year | 2007 | 1976 |
| Regulated in Countries | Cook Islands, Comoros | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AMarkets Review | HYCM Review |
AMarkets Review
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
AMarkets is in the top 10 of the following ratings:
HYCM Review
HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.
HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.
Pros and Cons of HYCM
Pros
- Well-regulated broker.
- An extensive set of educational materials.
- Diversity of trading assets.
Cons
- Absence of proprietary trading platform.
- No social trading.
HYCM is in the top 10 of the following ratings:
Reliability
| Broker | AMarkets | HYCM |
|---|---|---|
| Reliability | 3.6/5 | 5/5 |
| Foundation Year | 2007 | 1976 |
| Regulated in Countries | Cook Islands, Comoros | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Regulators |
AMarkets
The broker ensures stable and reliable operational activities, albeit with offshore regulation.
Pros
- Client fund segregation.
- Protection by The Financial Commission's compensation fund.
- Quality of execution verified by Verify My Trade.
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
Account Opening
| Broker | AMarkets | HYCM |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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AMarkets
Opening an account at AMarkets is quite simple and convenient, involving direct registration, identity verification, and selecting the appropriate type of account.
HYCM
The account opening process at HYCM is simple and convenient, ensuring a smooth start for traders. However, verification and financial profile completion may take time.
Pros
- Quick registration, taking less than 5 minutes.
- Straightforward and understandable registration process.
Cons
- Necessity to fill out a detailed financial profile.
- Minimum deposit of $100 may be high for beginners.
Account Types
| Broker | AMarkets | HYCM |
|---|---|---|
| Account Types | 4.8/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AMarkets
The broker offers various accounts to meet different traders’ needs.
Pros
- A large selection of account types (Standard, ECN, Zero).
- The possibility of obtaining VIP status for improved trading conditions.
- The unique opportunity to transfer profits from a demo account to a real one.
Cons
- No cent accounts.
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
Commissions
| Broker | AMarkets | HYCM |
|---|---|---|
| Commissions | 4/5 | 3/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.6 | 1.5 |
| Commission per Lot | $2.5 | $4 |
AMarkets
AMarkets is a broker that provides low commissions, which makes it more appealing to traders.
Pros
- Low transaction commission.
- No inactivity fee.
- The broker covers the payment system commissions for account funding.
Cons
- Spreads on some instruments are higher than competitors.
HYCM
HYCM charges average trading fees and an account inactivity fee.
Deposit and Withdrawal
| Broker | AMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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AMarkets
The account funding and withdrawal conditions at AMarkets are convenient for clients, with a wide range of payment systems available.
Pros
- No broker commissions for deposits and withdrawals.
- Fast fund crediting and processing of withdrawal requests.
- A large selection of payment systems, including cryptocurrencies.
Cons
- Payment system commission on withdrawals.
HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
Markets and Products
| Broker | AMarkets | HYCM |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 42 | 72 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 4 | 3 |
| Soft Commodities | 7 | 4 |
| Indices | 16 | 27 |
| Stocks | 437 | 1080 |
| Bonds | 2 | - |
| Cryptocurrency | 27 | 28 |
AMarkets
The broker provides a vast array of trading assets, such as currency pairs, metals, cryptocurrencies, bonds, commodities, and indices. The broker offers high leverage and the option of scalping, making it particularly attractive.
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
Trading Platforms
| Broker | AMarkets | HYCM |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
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AMarkets
AMarkets provides time-tested MetaTrader 4 and 5 platforms and a convenient mobile app.
Pros
- Reliable and popular MT4 and MT5 platforms.
- Mobile app with high user ratings.
Cons
- No alternative to MetaTrader.
HYCM
HYCM offers reliable and functional trading platforms MT4 and MT5, available on various devices and supporting automated trading.
Pros
- Availability of popular and functional platforms MT4 and MT5.
- Extensive capabilities for technical analysis and automated trading.
- Support for many devices, including desktop computers and mobile devices.
Cons
- Lack of a proprietary unique platform.
Analytics
| Broker | AMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
AMarkets
AMarkets offers excellent analytical tools and services.
Pros
- An extensive set of analytical tools.
- Proprietary trading robots and advisors.
- A thoughtful and professional analytical department.
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
Education
| Broker | AMarkets | HYCM |
|---|---|---|
| Rating | 2.5/5 | 4.5/5 |
AMarkets
Educational materials at AMarkets are limited and may not meet the needs of beginner traders.
Pros
- There is a blog with useful articles.
Cons
- Lack of comprehensive educational programs.
- No webinars, video tutorials, courses.
HYCM
HYCM's educational materials cover a wide range of topics and are available in various formats, making them useful for traders of different levels.
Customer Support
| Broker | AMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
VK
Telegram
YouTube
LinkedIn
Facebook
Twitter
InstagramAMarkets
Technical support at AMarkets is efficient and available 24/7, providing various communication channels for customer convenience.
HYCM
HYCM provides efficient and professional technical support, with some nuances.
Pros
- A sufficiently broad range of communication channels.
- Quick and professional response.
- Positive client reviews.
Cons
- Lack of 24/7 support.
- Can only call an international phone number.
- Absence of messenger services among communication channels.
Comparisons of AMarkets and HYCM with other brokers
Conclusion
AMarkets stands out as the better overall pick, while HYCM trails on aggregate criteria.
AMarkets scored 4.4/5 and ranks 13 in our rating; HYCM has 4.2/5 and ranks 33.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: AMarkets or HYCM?
AMarkets comes out ahead by overall rank (score 4.4/5, position 13) versus HYCM (score 4.2/5, position 33).
Which broker is better for beginners: AMarkets or HYCM?
AMarkets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — AMarkets or HYCM?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with AMarkets and HYCM?
AMarkets: MetaTrader 5, MetaTrader 4. HYCM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with AMarkets and HYCM?
AMarkets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Bonds, Cryptocurrency. HYCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by AMarkets and HYCM?
AMarkets: Standard, ECN, Zero. HYCM: Classic, Fixed, Raw. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by AMarkets and HYCM?
AMarkets: Perfect Money, Neteller, FasaPay, Bank Transfer, Система быстрых платежей (СБП), Visa, Mastercard, Мир, HUMO. HYCM: Neteller, Skrill, Perfect Money, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — AMarkets or HYCM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
