FBS vs HYCM Comparison

Last updated May 30, 2025
FBS LogoFBS
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
VS
HYCM LogoHYCM
4.2/5
Register71-74% of retail investors lose money when trading CFDs with this broker

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 FBS and HYCM

BrokerFBSHYCM
Rating
4.3/5
4.2/5
Foundation Year20071976
Regulated in CountriesBelize, Cyprus, Australia, South AfricaUnited Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 100 USD
Spreadfrom 0.7 pointsfrom 0.1 points
Max Leverage1:30001:500
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
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
ReviewFBS Review HYCM Review

FBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.

Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.

FBS Review

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

FBS is a reliable choice for traders who value a secure and regulated trading environment, complemented by a robust selection of educational resources and trading tools. It is particularly well-suited for those new to trading or looking to expand their knowledge and experienced traders focusing on a diverse range of assets. Despite its limitations in account types and currency options, FBS's strengths in providing competitive trading conditions and comprehensive support make it a commendable broker for a broad spectrum of traders.

Pros and Cons of FBS

Pros

  1. Regulated by major international organizations.
  2. Low spreads and commissions.
  3. Wide range of trading assets.
  4. Extensive database of educational materials and analytical tools.
  5. Support for various trading platforms.

Cons

  1. Limited choice of trading accounts.
  2. Limited choice of account currency.

HYCM Review

HYCM Logo
Register71-74% of retail investors lose money when trading CFDs with this broker
Countries of registration:
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

BrokerFBSHYCM
Reliability
5/5
5/5
Foundation Year20071976
Regulated in CountriesBelize, Cyprus, Australia, South AfricaUnited Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Regulators

FBS

FBS is a reliable and regulated broker, overseen by several international bodies, ensuring client security and transparency.

HYCM

Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.

Account Opening

BrokerFBSHYCM
Account Opening
4.5/5
4.5/5
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 100 USD

FBS

The account opening process at FBS is fast, clear, and relatively simple, although the verification procedure may take some time.

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

BrokerFBSHYCM
Account Types
3/5
3.5/5
Trading Accounts
  • Standard
  • Classic
  • Fixed
  • Raw
Minimum Deposit
  • 5 USD
  • 5 EUR
  • 100 USD
Spreadfrom 0.7 pointsfrom 0.1 points
Max Leverage1:30001:500
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
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5
Demo Account
Swap-free Account

FBS

FBS offers only one trading account but with additional services.

Pros

  1. Availability of demo accounts for practice.
  2. The possibility of automated trading.

Cons

  1. Lack of investment accounts (PAMM, copy trading).
  2. Insufficient variety of trading accounts.

HYCM

HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.

Commissions

BrokerFBSHYCM
Commissions
3.5/5
3/5
Spreadfrom 0.7 pointsfrom 0.1 points
Average Spread (EURUSD)0.91.5
Commission per Lot
$4

FBS

FBS's commissions are average for the market.

Pros

  1. Low spreads.

Cons

  1. Possible withdrawal fees in the absence of trading activity.

HYCM

HYCM charges average trading fees and an account inactivity fee.

Deposit and Withdrawal

BrokerFBSHYCM
Rating
5/5
5/5
Account Funding Methods
  • Neteller
  • Skrill
  • Perfect Money
  • SticPay
  • Visa
  • Mastercard
  • Maestro
  • Neteller
  • Skrill
  • Perfect Money
  • Swift
  • Visa
  • Mastercard

FBS

FBS offers many deposit and withdrawal methods with high flexibility and accessibility.

HYCM

HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.

Markets and Products

BrokerFBSHYCM
Markets and Products
4/5
5/5
Forex4372
Precious Metals85
Energy Carriers33
Indices1127
Stocks4801080
Cryptocurrency528
Soft Commodities-4

FBS

FBS provides a broad spectrum of trading assets, albeit with a limited selection of stocks and cryptocurrencies.

HYCM

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

Trading Platforms

BrokerFBSHYCM
Rating
4.5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • FBS Trader
  • MetaTrader 4
  • MetaTrader 5

FBS

FBS has a wide choice of trading platforms, meeting the needs of different traders.

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

BrokerFBSHYCM
Rating
5/5
4/5

FBS

FBS offers extensive and high-quality analytical tools that contribute to effective trading.

HYCM

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

Education

BrokerFBSHYCM
Rating
5/5
4.5/5

FBS

FBS provides comprehensive educational materials suitable for traders at all levels.

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

BrokerFBSHYCM
Rating
5/5
4/5
Email Support
  • support@fbs.com
  • support@hycm.com
  • accounts@hycm.com
  • info@hycm.com
Hotline Phones
  • +357 22 010970
  • +501 611 0594
  • +442088167812
  • +442039067347
Social Media

FBS

The technical support of FBS operates 24/7, is multilingual, and offers prompt problem resolution.

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 FBS and HYCM with other brokers

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.