Broker comparison

HYCM vs Just2Trade Comparison

Compare trading conditions, commissions and platforms of Forex brokers HYCM and Just2Trade. Find out which broker is best for you.

VS summaryScores and ranking at a glance
HYCMHigher ranked
Rating
4.2/5
Rank
#33
Register

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

Just2Trade
Rating
4/5
Rank
#73
Register

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

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

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 - HYCM or Just2Trade?

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

HYCM ranks higher in the editorial ranking.
HYCM
Rating: 4.2/5Rank: #33
Just2Trade
Rating: 4/5Rank: #73

HYCM

Different platforms
None listed
Different markets
  • Soft Commodities

Just2Trade

Different platforms
  • CQG
Different markets
  • Futures
  • Bonds

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

Full broker ranking

Comparison Table of HYCM and Just2Trade

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Overview: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Foundation Year
1977
2007
Regulated in Countries
United Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Cyprus
Minimum Deposit
  • 100 USD
  • 100 USD
Spread
from 0.1 points
from 0 points
Max Leverage
1:500
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Futures
  • Bonds
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • CQG
Review

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

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:

Just2Trade Review

Just2Trade 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 Futures Bonds
Trading Platforms
MetaTrader 4MetaTrader 5CQG

Just2Trade is a multi-asset broker that goes well beyond a traditional Forex broker. It focuses not only on currency trading but also on real stocks, bonds, futures, options, and other exchange-traded instruments. This makes it more like a broad investment and trading platform than a specialized Forex service.

Just2Trade is best suited to experienced traders and investors who need access to multiple asset classes, international exchanges, and professional trading platforms. The broker is also available to beginners, but the complex account-opening process and limited educational section may make getting started less comfortable.

Pros and Cons of Just2Trade

Pros

  1. Regulation by CySEC and participation in the Investor Compensation Fund.
  2. Wide range of markets: Forex, stocks, bonds, futures, options, CFDs, and IPOs.
  3. A wide range of accounts and platforms, including MT4, MT5 and CQG.
  4. Competitive spreads and attractive pricing for US stocks and futures.
  5. Strong research: Trading Central, market reviews, a calendar, and a blog.

Cons

  1. The account-opening process is quite complex and involves multiple stages.
  2. High fees for some withdrawal methods.
  3. Educational materials are limited.
  4. The quality of customer support can be inconsistent.

Reliability

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Reliability: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Reliability
5/5
4/5
Foundation Year
1977
2007
Regulated in Countries
United Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Cyprus
Regulators

HYCM

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

Just2Trade

Just2Trade has a solid regulatory framework thanks to a licence from CySEC, compliance with MiFID II requirements, and participation in the ICF.

Pros

  1. Licence from CySEC.
  2. Participation in the Investor Compensation Fund.
  3. Segregation of client funds.

Cons

  1. No licences from FCA or ASIC.
  2. The regulatory setup is concentrated primarily in a single jurisdiction.

Account Opening

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Account Opening: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Account Opening
4.5/5
3/5
Minimum Deposit
  • 100 USD
  • 100 USD

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.

Just2Trade

Opening an account with Just2Trade is fully online and well structured, but the detailed questionnaire, experience assessment, and mandatory verification mean that the process takes longer than with many competitors.

Pros

  1. Fully online.
  2. Clear step-by-step process.
  3. Verification through Sumsub.

Cons

  1. Multiple stages and questionnaires.
  2. Detailed financial information is required.
  3. The account-opening process is not quick.

Account Types

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Account Types: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Account Types
3.5/5
5/5
Trading Accounts
  • Classic
  • Fixed
  • Raw
  • Forex and CFD Standard
  • Forex ECN
  • MT5 Global
  • Global Futures
Minimum Deposit
  • 100 USD
  • 100 USD
Spread
from 0.1 points
from 0 points
Max Leverage
1:500
1:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Futures
  • Bonds
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • CQG
Demo Account
Yes
Yes
Swap-free Account
Yes
Yes

HYCM

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

Just2Trade

Just2Trade offers one of the most diverse selections of accounts, covering standard Forex solutions, ECN, futures, IPO, and investment strategies. The range is well suited to traders and investors with different goals.

Pros

  1. Wide range of accounts.
  2. Demo and Islamic accounts, IPO and J2T Copy are available.

Commissions

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Commissions: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Commissions
3/5
4/5
Spread
from 0.1 points
from 0 points
Average Spread (EURUSD)
1.5
—
Commission
per 1 lot$4.00
per 1 lot$3.00

HYCM

HYCM charges average trading fees and an account inactivity fee.

Just2Trade

Fees at Just2Trade are generally below average, with tight spreads, competitive rates on stocks and futures, and an average ECN commission.

Pros

  1. Spreads are below average.
  2. Competitive commissions on stocks and futures.
  3. No standard account inactivity fee.

Cons

  1. High withdrawal fees.
  2. ECN commission is only average.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Rating
5/5
3.5/5
Account Funding Methods
  • Neteller
  • Skrill
  • Swift
  • Visa
  • Mastercard
  • Skrill
  • Swift
  • SEPA
  • Credit and Debit Cards

HYCM

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

Just2Trade

Deposits with Just2Trade are convenient and free in some cases, but withdrawals are less cost-effective due to fees of up to 2–2.8% and costly USD bank transfers.

Pros

  1. Good selection of payment methods.
  2. Card and Skrill deposits are fee-free.
  3. Deposits made using electronic payment methods are credited quickly.

Cons

  1. High withdrawal fees.
  2. Some transfers take several days.

Markets and Products

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Markets and Products: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Markets and Products
5/5
5/5
Forex
72
76
Precious Metals
5
7
Energy Carriers
3
4
Soft Commodities
4
-
Indices
27
7
Stocks
1080
1802
Cryptocurrency
28
8
Futures
-
115
Bonds
-
42

HYCM

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

Just2Trade

Just2Trade offers a very wide selection of markets: Forex, real stocks, bonds, futures, options, CFDs, and IPOs. Access to international exchanges and the variety of exchange-traded instruments are particular strengths.

Pros

  1. Wide range of asset classes.
  2. Access to exchanges in the US, Europe, and Asia.
  3. Futures, options, and IPOs are available.

Trading Platforms

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Trading Platforms: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Rating
4/5
5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • CQG

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.

Just2Trade

Just2Trade offers a strong selection of platforms — MT4, MT5, and CQG. They are suitable for standard Forex/CFD trading as well as multi-asset and professional strategies.

Pros

  1. MT4 and MT5.
  2. Professional CQG platforms.
  3. Web and mobile versions are available.

Cons

  1. Advanced versions of CQG require a fee.

Analytics

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Analytics: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Rating
4/5
4.5/5

HYCM

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

Just2Trade

Research at Just2Trade is well developed, with an economic calendar, regular reviews, Trading Central, research newsletters, and a blog. The selection is useful, but there are few proprietary interactive tools.

Pros

  1. Regular market reviews.
  2. Trading Central research.
  3. Economic calendar and blog.

Cons

  1. Some materials are available only to clients.
  2. Few proprietary interactive tools.

Education

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Education: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Rating
4.5/5
2/5

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.

Just2Trade

Education at Just2Trade is limited: the financial glossary and individual articles are useful as reference materials, but the broker does not offer a comprehensive educational system for beginners.

Pros

  1. A glossary of financial terms is available.

Cons

  1. No comprehensive courses.
  2. No webinars or podcasts.
  3. Few videos and little structured education.

Customer Support

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Customer Support: comparison of HYCM, Just2Trade
BrokerHYCMJust2Trade
Rating
4/5
3.5/5
Email Support
Hotline Phones
Social Media

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.

Just2Trade

Just2Trade offers several convenient support channels and a dedicated Trading Desk, but service quality is not always consistent: responses to complex questions and resolution of such issues may be delayed.

Pros

  1. Multiple contact channels.
  2. A dedicated Trading Desk is available.
  3. Support is available throughout the trading week.

Cons

  1. Some complaints mention delays.
  2. Complex issues are not always resolved quickly.

Comparisons of HYCM and Just2Trade with other brokers

Conclusion

When choosing between HYCM and Just2Trade, 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: HYCM or Just2Trade?

HYCM ranks higher than Just2Trade 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: HYCM or Just2Trade?

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

Who has lower typical trading costs (spreads/commissions) — HYCM or Just2Trade?

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 HYCM and Just2Trade?

HYCM: MetaTrader 4, MetaTrader 5. Just2Trade: MetaTrader 4, MetaTrader 5, CQG. See the “Platforms” section for details and selection tips.

What markets can you trade with HYCM and Just2Trade?

HYCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Just2Trade: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency, Futures, Bonds. Full lists and differences are in the “Markets” section.

What account types are offered by HYCM and Just2Trade?

HYCM: Classic, Fixed, Raw. Just2Trade: Forex and CFD Standard, Forex ECN, MT5 Global, Global Futures. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by HYCM and Just2Trade?

HYCM: Neteller, Skrill, Swift, Visa, Mastercard. Just2Trade: Skrill, Swift, SEPA, Credit and Debit Cards. Check method-specific fees/settlement times.

Which broker is safer — HYCM or Just2Trade — 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.