HYCM vs JustMarkets Comparison: Which Is Better for Traders?
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 JustMarkets?
Our pick: HYCM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - HYCM looks preferable to JustMarkets.
HYCM scored 4.2/5 and ranks 33 in our all Forex brokers list, whereas JustMarkets has 4.1/5 and ranks 46.
This is not financial advice. See the full comparison below.
Who is HYCM suitable for?
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
Who is JustMarkets suitable for?
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
Comparison Table of HYCM and JustMarkets
| Broker | HYCM | JustMarkets |
|---|---|---|
| Rating | 4.2/5 | 4.1/5 |
| Foundation Year | 1976 | 2012 |
| Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | Seychelles, Cyprus, Mauritius, South Africa |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:500 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HYCM Review | JustMarkets Review |
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:
JustMarkets Review
Thanks to a wide range of trading platforms and educational materials, JustMarkets is a worthy choice, especially for novice traders. Experienced traders will also find advantages such as various trading accounts and quality technical support. However, it should be noted that the choice of trading instruments here is less diverse than that of some competitors.
Pros and Cons of JustMarkets
Pros
- A variety of trading accounts and services.
- A wide range of methods for account funding and withdrawal.
- Quality technical support.
- Useful analytical materials.
Cons
- Limited selection of products.
- Educational materials only for beginners.
Reliability
| Broker | HYCM | JustMarkets |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 1976 | 2012 |
| Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | Seychelles, Cyprus, Mauritius, South Africa |
| Regulators |
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
JustMarkets
JustMarkets is regulated by various authorities, including CySEC and FSCA.
Pros
- Regulation in countries with relatively strict financial laws (Cyprus, South Africa).
- Presence of multiple regulators, indicating a commitment to diversification.
Cons
- Lack of strict regulators such as FCA and ASIC
Account Opening
| Broker | HYCM | JustMarkets |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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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.
JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
Account Types
| Broker | HYCM | JustMarkets |
|---|---|---|
| Account Types | 3.5/5 | 4.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:500 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
JustMarkets
JustMarkets offers a good selection of trading accounts, satisfying various traders' needs.
Pros
- Variety of account types.
- Additional services (copy trading, MAM accounts, contests)
- Suitable for various categories of traders
Cons
- Absence of fixed spread accounts
Commissions
| Broker | HYCM | JustMarkets |
|---|---|---|
| Commissions | 3/5 | 3/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | |
| Commission per Lot | $4 | $3 |
HYCM
HYCM charges average trading fees and an account inactivity fee.
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
Deposit and Withdrawal
| Broker | HYCM | JustMarkets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
JustMarkets
The broker offers a variety of methods with zero commission and fast processing of requests.
Pros
- Wide selection of payment systems.
- Zero commission for most operations.
- Fast processing of withdrawal requests.
Cons
- Absence of bank transfer.
Markets and Products
| Broker | HYCM | JustMarkets |
|---|---|---|
| Markets and Products | 5/5 | 4.4/5 |
| Forex | 72 | 61 |
| Precious Metals | 5 | 7 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 4 | - |
| Indices | 27 | 13 |
| Stocks | 1080 | 163 |
| Cryptocurrency | 28 | 9 |
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
JustMarkets
JustMarkets offers a variety of investment instruments, suitable for many traders.
Pros
- Availability of various asset classes.
- Flexible opportunities for trading strategies.
Cons
- The overall number of products is less than competitors.
Trading Platforms
| Broker | HYCM | JustMarkets |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Trading Platforms |
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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.
JustMarkets
Broker JustMarkets offers reliable MT4 and MT5 platforms with extensive functionality and support for various OS.
Pros
- Availability of two popular platforms (MT4 and MT5).
- Support for multiple operating systems.
Cons
- Lack of unique platforms with exclusive features.
Analytics
| Broker | HYCM | JustMarkets |
|---|---|---|
| Rating | 4/5 | 4/5 |
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
JustMarkets
Broker JustMarkets offers a useful analytical section with a variety of tools and expert opinions.
Pros
- Economic calendar for planning.
- Expert analysis of the stock market.
- Market reviews and news.
Cons
- Daily forecasts available only in English.
- Analytics may not be deep enough for advanced traders.
- Lack of trading signals.
Education
| Broker | HYCM | JustMarkets |
|---|---|---|
| Rating | 4.5/5 | 3/5 |
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.
JustMarkets
The broker takes good care of beginners by providing basic educational materials. However, there is little on offer for experienced traders.
Pros
- Structured materials for beginners.
- Availability of webinars on technical analysis.
Cons
- Lack of materials for experienced traders.
- Limited language range (mostly English).
- No advanced courses and seminars.
Customer Support
| Broker | HYCM | JustMarkets |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
Instagram
YouTube
Viber
Whatsapp
Messenger
Line
TelegramHYCM
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.
JustMarkets
The service stands out with 24/7 availability, multilingual support, and a variety of communication channels. The efficiency and professionalism of the staff are also at a high level.
Comparisons of HYCM and JustMarkets with other brokers
Conclusion
HYCM stands out as the better overall pick, while JustMarkets trails on aggregate criteria.
HYCM scored 4.2/5 and ranks 33 in our rating; JustMarkets has 4.1/5 and ranks 46.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: HYCM or JustMarkets?
HYCM comes out ahead by overall rank (score 4.2/5, position 33) versus JustMarkets (score 4.1/5, position 46).
Which broker is better for beginners: HYCM or JustMarkets?
HYCM is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — HYCM or JustMarkets?
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 JustMarkets?
HYCM: MetaTrader 4, MetaTrader 5. JustMarkets: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with HYCM and JustMarkets?
HYCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. JustMarkets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by HYCM and JustMarkets?
HYCM: Classic, Fixed, Raw. JustMarkets: MT4 Standard Cent, MT4 Pro, MT5 Pro, MT4 Raw Spread, MT5 Raw Spread, MT4 Standard, MT5 Standard. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by HYCM and JustMarkets?
HYCM: Neteller, Skrill, Perfect Money, Swift, Visa, Mastercard. JustMarkets: Skrill, Neteller, Perfect Money, SticPay, Airtm, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — HYCM or JustMarkets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
