Exness 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 Exness and HYCM
| Broker | Exness | HYCM |
|---|---|---|
| Rating | 4.3/5 | 4.2/5 |
| Foundation Year | 2008 | 1976 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Exness Review | HYCM Review |
Exness is suitable for traders looking for a reliable broker with a decent selection of trading accounts and platforms.
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
Exness Review
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
Exness 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 | Exness | HYCM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2008 | 1976 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Regulators | FCA FCA SFSA SFSA FSCA FSCA FSC FSC BVIFSC BVIFSC CySEC CySEC CBCS CBCS CMA CMA | FCA FCA CySEC CySEC CIMA CIMA SVGFSA SVGFSA DFSA DFSA |
Exness
The reliability of Exness broker is confirmed by multiple licenses.
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
Account Opening
| Broker | Exness | HYCM |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Exness
The account opening process at Exness is simple and accessible.
Pros
- Minimum deposit of just 10 USD.
- Simple and fast registration process.
- Verification within 24 hours.
Cons
- Lack of Russian language support.
- Restrictions for residents of certain countries.
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 | Exness | HYCM |
|---|---|---|
| Account Types | 4.5/5 | 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 | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Exness
Exness offers a variety of accounts that meet the needs of most traders.
Pros
- Wide selection of accounts for different types of traders.
- Options with low and zero spreads.
- Accounts for beginners and professionals.
Cons
- Absence of fixed spread accounts.
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
Commissions
| Broker | Exness | HYCM |
|---|---|---|
| Commissions | 3.5/5 | 3/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1 | 1.5 |
| Commission per Lot | $3.5 | $4 |
Exness
Exness offers average market commissions with some advantages in swaps and no inactivity fees.
HYCM
HYCM charges average trading fees and an account inactivity fee.
Deposit and Withdrawal
| Broker | Exness | HYCM |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Account Funding Methods |
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Exness
Exness offers fast and convenient methods for depositing and withdrawing funds with some limitations.
Pros
- Instant 24/7 fund withdrawal.
- Low or no commission fees.
- Funds credited within 30 minutes.
Cons
- No bank transfers.
- Absence of cryptocurrencies as a payment method.
HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
Markets and Products
| Broker | Exness | HYCM |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 95 | 72 |
| Precious Metals | 15 | 5 |
| Energy Carriers | 3 | 3 |
| Indices | 10 | 27 |
| Stocks | 98 | 1080 |
| Cryptocurrency | 11 | 28 |
| Soft Commodities | - | 4 |
Exness
Exness offers a variety of markets, but with a limited selection of products.
Pros
- 95 currency pairs.
- Variable leverage options.
- Access to CFDs on stocks and metals.
Cons
- No soft commodities.
- Average number of available CFDs.
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
Trading Platforms
| Broker | Exness | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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Exness
Exness offers a variety of platforms that meet the needs of different traders.
Pros
- Availability of a mobile application.
- Web platform without the need for installation.
- Support for popular MT4 and MT5.
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 | Exness | HYCM |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
Exness
Exness offers a variety of analytical tools suitable for different strategies.
Pros
- News from Dow Jones.
- Reviews from Trading Central.
- Personalized economic calendar.
Cons
- Lack of analytics from own experts.
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
Education
| Broker | Exness | HYCM |
|---|---|---|
| Rating | 2/5 | 4.5/5 |
Exness
Exness's educational materials are limited to the Help Center section, without additional resources.
Pros
- Answers to popular questions.
Cons
- Lack of webinars and video tutorials.
- Shortage of comprehensive materials.
- Not suitable for in-depth learning.
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 | Exness | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
LinkedIn
Twitter
YouTube
Facebook
InstagramExness
Exness technical support provides 24/7 service in 16 languages, making it accessible and convenient.
Pros
- 24/7 support in major languages.
- Multiple channels of communication (chat, email, phone).
- Global presence with offices in different 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.
