Grand Capital 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 Grand Capital and HYCM
| Broker | Grand Capital | HYCM |
|---|---|---|
| Rating | 4/5 | 4.2/5 |
| Foundation Year | 2006 | 1976 |
| Regulated in Countries | Saint Vincent and the Grenadines | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Grand Capital Review | HYCM Review |
Grand Capital is suitable for both beginners and experienced traders. A wide selection of instruments, bonuses, and education make it attractive for different levels of traders
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
Grand Capital Review
Grand Capital is a broker that offers a wide range of trading instruments and account types, making it an attractive choice for traders with different strategies and experience. Narrow spreads, especially on major currency pairs, ensure competitive trading conditions and the availability of educational materials that support novice and experienced traders in their development. The 24/7 multi-lingual support ensures that assistance is promptly provided.
Grand Capital will suit traders who appreciate a variety of trading tools and account types, as well as those who actively utilize educational resources to enhance their skills. The broker will be especially attractive for those who prefer to use MetaTrader platforms and are not concerned about the potential risks of the lack of strict regulation.
Pros and Cons of Grand Capital
Pros
- Diversity of trading account types.
- Tight spreads.
- A wide range of trading assets.
- Multilingual support 7 days a week, 24 hours a day.
Cons
- It is not regulated by leading financial regulators.
- High swaps.
- Lack of MetaTrader alternatives.
Grand Capital 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 | Grand Capital | HYCM |
|---|---|---|
| Reliability | 3.2/5 | 5/5 |
| Foundation Year | 2006 | 1976 |
| Regulated in Countries | Saint Vincent and the Grenadines | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Regulators | SVGFSA SVGFSA - | FCA FCA CySEC CySEC CIMA CIMA SVGFSA SVGFSA DFSA DFSA |
Grand Capital
Grand Capital demonstrates openness and transparency, but offshore registration may raise concerns among clients.
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
Account Opening
| Broker | Grand Capital | HYCM |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Grand Capital
Opening an account with Grand Capital is simple and convenient, with clear instructions for verification and flexible deposit options.
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 | Grand Capital | HYCM |
|---|---|---|
| Account Types | 5/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Grand Capital
Broker Grand Capital offers a wide range of accounts, satisfying the needs of different categories of traders and investors.
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
Commissions
| Broker | Grand Capital | HYCM |
|---|---|---|
| Commissions | 3.2/5 | 3/5 |
| Spread | from 0.4 points | from 0.1 points |
| Average Spread (EURUSD) | 0.9 | 1.5 |
| Commission per Lot | $2.5 | $4 |
Grand Capital
Grand Capital's commissions are at an average level, offering a reasonable balance between costs and services.
Pros
- Spreads and commission per lot are below market average.
- Cashback is available.
Cons
- High inactivity fee.
- High swaps
HYCM
HYCM charges average trading fees and an account inactivity fee.
Deposit and Withdrawal
| Broker | Grand Capital | HYCM |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Account Funding Methods |
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Grand Capital
Grand Capital offers a variety of deposit and withdrawal methods with competitive fees, although the withdrawal request processing time could be improved.
Pros
- Wide selection of methods for account deposits and withdrawals.
- Broker compensates for account deposit fees.
- Generous bonus program is offered.
Cons
- Withdrawal fee can reach up to 6%.
- Withdrawals take up to three business days.
- No bank transfer available.
HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
Markets and Products
| Broker | Grand Capital | HYCM |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 72 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 14 | 4 |
| Indices | 14 | 27 |
| Stocks | 149 | 1080 |
| ETF | 7 | - |
| Bonds | 3 | - |
| Cryptocurrency | 61 | 28 |
Grand Capital
Broker Grand Capital offers a wide range of trading instruments, enabling trading across different markets.
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
Trading Platforms
| Broker | Grand Capital | HYCM |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Trading Platforms |
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Grand Capital
Grand Capital provides reliable and functional trading platforms, including MetaTrader 4/5 and WebTrader.
Pros
- Availability of time-tested MetaTrader 4 and 5.
- Ability to trade through the browser with WebTrader.
Cons
- No unique or innovative trading platforms provided.
- No mobile application.
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 | Grand Capital | HYCM |
|---|---|---|
| Rating | 4/5 | 4/5 |
Grand Capital
Grand Capital broker analytics offers useful tools and expert reviews, but may not fully meet the requirements of some traders.
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
Education
| Broker | Grand Capital | HYCM |
|---|---|---|
| Rating | 3/5 | 4.5/5 |
Grand Capital
The broker's training materials are useful but limited to one main resource.
Pros
- Detailed trading book.
Cons
- No webinars or videos.
- Lack of 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 | Grand Capital | HYCM |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
YouTube
Telegram
Facebook
LinkedIn
InstagramGrand Capital
Grand Capital technical support offers prompt assistance with an extensive working schedule and departmental division.
Pros
- Multilingual support 24/7.
- Separate communication channels for different issues.
- Prompt resolution of issues.
Cons
- Not all departments operate around the clock.
- No direct phone contact for communication.
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.
