Broker comparison

Exness vs HYCM Comparison

Compare trading conditions, commissions and platforms of Forex brokers Exness and HYCM. Find out which broker is best for you.

VS summaryScores and ranking at a glance
ExnessHigher ranked
Rating
4.3/5
Rank
#4
Register

Trading CFDs carries high risks. You may lose all invested funds

HYCM
Rating
4.2/5
Rank
#33
Register

71-74% of retail investors lose money when trading CFDs with this broker

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 - Exness or HYCM?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Exness ranks higher in the editorial ranking.
Exness
Rating: 4.3/5Rank: #4
HYCM
Rating: 4.2/5Rank: #33

Exness

Minimum deposit · USD
10 USD
Different markets
None listed

HYCM

Minimum deposit · USD
100 USD
Different markets
  • Soft Commodities

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Exness and HYCM

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Overview: comparison of Exness, HYCM
BrokerExnessHYCM
Foundation Year20081977
Regulated in CountriesUnited Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, KenyaUnited Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Minimum Deposit
  • 10 AUD
  • 10 EUR
  • 10 GBP
  • 10 USD
  • 170 ZAR
  • 100 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
ReviewExness ReviewHYCM Review

Exness Review

Exness Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare Exness trading accounts

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

  1. Wide selection of trading accounts.
  2. Instant fund withdrawal.
  3. Variety of trading platforms.
  4. A variety of analytical tools.

Cons

  1. Limited selection of educational materials.
  2. Average selection of markets and products.
  3. Deposit fees.

Exness is in the top 10 of the following ratings:

HYCM Review

HYCM Logo
Register71-74% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare HYCM trading accounts

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

  1. Well-regulated broker.
  2. An extensive set of educational materials.
  3. Diversity of trading assets.

Cons

  1. Absence of proprietary trading platform.
  2. No social trading.

HYCM is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of Exness, HYCM
BrokerExnessHYCM
Reliability
5/5
5/5
Foundation Year20081977
Regulated in CountriesUnited Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, KenyaUnited Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Regulators

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

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Account Opening: comparison of Exness, HYCM
BrokerExnessHYCM
Account Opening
5/5
4.5/5
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10 AUD
  • 170 ZAR
  • 100 USD

Exness

The account opening process at Exness is simple and accessible.

Pros

  1. Minimum deposit of just 10 USD.
  2. Simple and fast registration process.
  3. Verification within 24 hours.

Cons

  1. Lack of Russian language support.
  2. 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

  1. Quick registration, taking less than 5 minutes.
  2. Straightforward and understandable registration process.

Cons

  1. Necessity to fill out a detailed financial profile.
  2. Minimum deposit of $100 may be high for beginners.

Account Types

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Account Types: comparison of Exness, HYCM
BrokerExnessHYCM
Account Types
4.5/5
3.5/5
Trading Accounts
  • Standard Cent
  • Pro
  • Zero
  • Raw Spread
  • Standard
  • Classic
  • Fixed
  • Raw
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10 AUD
  • 170 ZAR
  • 100 USD
Spreadfrom 0 pointsfrom 0.1 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

Exness

Exness offers a variety of accounts that meet the needs of most traders.

Pros

  1. Wide selection of accounts for different types of traders.
  2. Options with low and zero spreads.
  3. Accounts for beginners and professionals.

Cons

  1. 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

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Commissions: comparison of Exness, HYCM
BrokerExnessHYCM
Commissions
3.5/5
3/5
Spreadfrom 0 pointsfrom 0.1 points
Average Spread (EURUSD)11.5
Commissionper 1 lot$3.50per 1 lot$4.00

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

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Deposit and Withdrawal: comparison of Exness, HYCM
BrokerExnessHYCM
Rating
4/5
5/5
Account Funding Methods
  • Skrill
  • Neteller
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • Swift
  • Visa
  • Mastercard

Exness

Exness offers fast and convenient methods for depositing and withdrawing funds with some limitations.

Pros

  1. Instant 24/7 fund withdrawal.
  2. Low or no commission fees.
  3. Funds credited within 30 minutes.

Cons

  1. No bank transfers.
  2. 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

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Markets and Products: comparison of Exness, HYCM
BrokerExnessHYCM
Markets and Products
4/5
5/5
Forex9572
Precious Metals155
Energy Carriers33
Indices1027
Stocks981080
Cryptocurrency1128
Soft Commodities-4

Exness

Exness offers a variety of markets, but with a limited selection of products.

Pros

  1. 95 currency pairs.
  2. Variable leverage options.
  3. Access to CFDs on stocks and metals.

Cons

  1. No soft commodities.
  2. Average number of available CFDs.

HYCM

HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.

Trading Platforms

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Trading Platforms: comparison of Exness, HYCM
BrokerExnessHYCM
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5

Exness

Exness offers a variety of platforms that meet the needs of different traders.

Pros

  1. Availability of a mobile application.
  2. Web platform without the need for installation.
  3. 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

  1. Availability of popular and functional platforms MT4 and MT5.
  2. Extensive capabilities for technical analysis and automated trading.
  3. Support for many devices, including desktop computers and mobile devices.

Cons

  1. Lack of a proprietary unique platform.

Analytics

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Analytics: comparison of Exness, HYCM
BrokerExnessHYCM
Rating
4.5/5
4/5

Exness

Exness offers a variety of analytical tools suitable for different strategies.

Pros

  1. News from Dow Jones.
  2. Reviews from Trading Central.
  3. Personalized economic calendar.

Cons

  1. Lack of analytics from own experts.

HYCM

HYCM offers good analytical tools, but the regularity and variety of materials could be improved.

Education

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Education: comparison of Exness, HYCM
BrokerExnessHYCM
Rating
2/5
4.5/5

Exness

Exness's educational materials are limited to the Help Center section, without additional resources.

Pros

  1. Answers to popular questions.

Cons

  1. Lack of webinars and video tutorials.
  2. Shortage of comprehensive materials.
  3. 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

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Customer Support: comparison of Exness, HYCM
BrokerExnessHYCM
Rating
5/5
4/5
Email Support
Hotline Phones
Social Media

Exness

Exness technical support provides 24/7 service in 16 languages, making it accessible and convenient.

Pros

  1. 24/7 support in major languages.
  2. Multiple channels of communication (chat, email, phone).
  3. Global presence with offices in different countries.

HYCM

HYCM provides efficient and professional technical support, with some nuances.

Pros

  1. A sufficiently broad range of communication channels.
  2. Quick and professional response.
  3. Positive client reviews.

Cons

  1. Lack of 24/7 support.
  2. Can only call an international phone number.
  3. Absence of messenger services among communication channels.

Comparisons of Exness and HYCM with other brokers

Conclusion

When choosing between Exness and HYCM, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Exness or HYCM?

Exness ranks higher than HYCM in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Exness or HYCM?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Exness 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 Exness and HYCM?

Exness: MetaTrader 4, MetaTrader 5. HYCM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with Exness and HYCM?

Exness: Forex, Precious Metals, Energy Carriers, Indices, Stocks, 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 Exness and HYCM?

Exness: Standard Cent, Pro, Zero, Raw Spread, Standard. HYCM: Classic, Fixed, Raw. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Exness and HYCM?

Exness: Skrill, Neteller, Visa, Mastercard. HYCM: Neteller, Skrill, Swift, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Exness or HYCM — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.