easyMarkets vs HYCM Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of easyMarkets and HYCM
| Broker | easyMarkets | HYCM |
|---|---|---|
| Rating | 4.5/5 | 4.2/5 |
| Foundation Year | 2001 | 1976 |
| Regulated in Countries | Seychelles, British Virgin Islands, Cyprus, Australia, South Africa | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0.7 points | from 0.1 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | easyMarkets Review | HYCM Review |
easyMarkets is suitable for beginners thanks to simple conditions and a low minimum deposit, as well as for experienced traders who value MT4/MT5, TradingView, and VIP service.
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
easyMarkets Review
easyMarkets is a reliable international broker with nearly 25 years of experience, licenses from leading regulators (CySEC, ASIC, FSCA, etc.), and a focus on simplicity and trading safety. It suits beginner traders thanks to a low minimum deposit from 25 USD, fixed spreads, and a convenient proprietary platform with unique risk management tools. At the same time, the broker will also appeal to more experienced users thanks to the availability of MT4, MT5, TradingView, Islamic accounts, and VIP service. Despite a relatively average selection of CFD instruments and the absence of passive trading services, easyMarkets delivers a good combination of reliability, technology, and customer support.
Pros and Cons of easyMarkets
Pros
- Regulated in many jurisdictions.
- Unique risk management tools (dealCancellation, Freeze Rate).
- Access to various trading platforms.
- Minimum deposit from 25 USD, convenient for beginners.
- A wide range of deposit and withdrawal methods, including cryptocurrencies.
- Strong analytics (Daily Pitch, AI reviews, trading signals).
- Competent support with many contact channels.
Cons
- High swaps compared to competitors.
- No cent accounts or passive trading services (PAMM, copy trading).
- Average number of CFD instruments, behind market leaders.
easyMarkets 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 | easyMarkets | HYCM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2001 | 1976 |
| Regulated in Countries | Seychelles, British Virgin Islands, Cyprus, Australia, South Africa | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Regulators | SFSA SFSA BVIFSC BVIFSC CySEC CySEC ASIC ASIC FSCA FSCA | FCA FCA CySEC CySEC CIMA CIMA SVGFSA SVGFSA DFSA DFSA |
easyMarkets
easyMarkets demonstrates a high level of reliability thanks to licenses from ASIC, CySEC, and FSCA, client protection, and extensive experience.
Pros
- Regulation by Tier-1/Tier-2 authorities
- Negative balance protection
- Long track record (since 2001)
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
Account Opening
| Broker | easyMarkets | HYCM |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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easyMarkets
Opening an account with easyMarkets is simple and fast, with a minimum deposit from 25 USD. The process is convenient even for beginners.
Pros
- Fast online registration
- Minimum deposit 25 USD
- Support at every step
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 | easyMarkets | HYCM |
|---|---|---|
| Account Types | 4.5/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.7 points | from 0.1 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
easyMarkets
easyMarkets offers a wide range of accounts for different categories of traders, including Islamic and VIP, but lacks cent and PAMM accounts.
Pros
- Demo account available
- Islamic account available
- VIP service for large clients
Cons
- No cent accounts
- No PAMM or copy trading
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
Commissions
| Broker | easyMarkets | HYCM |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 0.7 points | from 0.1 points |
| Average Spread (EURUSD) | 0.9 | 1.5 |
| Commission per Lot | $4 |
easyMarkets
easyMarkets offers low spreads and free deposits/withdrawals, but high swaps and the inactivity fee make the overall conditions average.
Pros
- Low spreads
- No deposit/withdrawal fees
- Transparent conditions
Cons
- High swaps
- $25 inactivity fee
HYCM
HYCM charges average trading fees and an account inactivity fee.
Deposit and Withdrawal
| Broker | easyMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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easyMarkets
easyMarkets offers a wide range of deposit and withdrawal methods, including cryptocurrencies, with no broker-side fees.
Pros
- Instant deposits
- Cryptocurrency support
- No deposit/withdrawal fees
Cons
- Possible bank fees
HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
Markets and Products
| Broker | easyMarkets | HYCM |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 62 | 72 |
| Precious Metals | 9 | 5 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 7 | 4 |
| Indices | 26 | 27 |
| Stocks | 63 | 1080 |
| Cryptocurrency | 19 | 28 |
easyMarkets
easyMarkets offers a wide range of markets, including Forex, stocks, commodities, and cryptocurrencies, but the overall number of CFD instruments remains average.
Pros
- Variety of asset classes
- Access to cryptocurrencies
- Ability to diversify
Cons
- An average number of CFDs compared to competitors
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
Trading Platforms
| Broker | easyMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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easyMarkets
easyMarkets offers a full suite of platforms—from its proprietary web platform to MT4, MT5, and TradingView. This is convenient for both beginners and experienced traders.
Pros
- Wide selection of platforms
- Unique dealCancellation and Freeze Rate features
- Mobile app support
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 | easyMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
easyMarkets
easyMarkets analytics is diverse and useful: from daily reviews and signals to AI tools and materials on trading psychology.
Pros
- Daily Pitch and trading signals
- Economic calendar
- AI reviews of stocks
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
Education
| Broker | easyMarkets | HYCM |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
easyMarkets
easyMarkets education is useful for beginners: there are courses, books, and a knowledge base, but it lacks interactive formats.
Pros
- Online courses and books
- Convenient knowledge base
- Glossary of terms
Cons
- No regular webinars
- No podcasts or live video lessons
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 | easyMarkets | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Instagram
Facebook
Twitter
Weibo
LinkedIn
YouTubeeasyMarkets
easyMarkets technical support is fast and professional, available via chat, email, phone, and messengers.
Pros
- Many communication channels
- Fast responses
- Knowledgeable staff
Cons
- No local numbers in all countries
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.
