HYCM vs NPBFX 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 NPBFX?
Our pick: NPBFX
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - NPBFX looks preferable to HYCM.
NPBFX scored 4.2/5 and ranks 32 in our all Forex brokers list, whereas HYCM has 4.2/5 and ranks 33.
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 NPBFX suitable for?
NPBFX is ideal for traders who value STP accounts, education, MetaTrader 4, participation in contests, and a decent selection of markets and products
Comparison Table of HYCM and NPBFX
| Broker | HYCM | NPBFX |
|---|---|---|
| Rating | 4.2/5 | 4.2/5 |
| Foundation Year | 1976 | 2016 |
| Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | Comoros |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.4 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HYCM Review | NPBFX 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:
NPBFX Review
NPBFX is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.
Despite certain drawbacks, NPBFX provides quality service and can be used by most traders.
Pros and Cons of NPBFX
Pros
- A rich selection of analytical tools and resources.
- Extensive education section.
- A variety of trading account types.
- Numerous available methods for depositing and withdrawing funds.
Cons
- Lack of alternatives to the MetaTrader 4 platform.
- Regulation in an offshore jurisdiction.
NPBFX is in the top 10 of the following ratings:
Reliability
| Broker | HYCM | NPBFX |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 1976 | 2016 |
| Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | Comoros |
| Regulators |
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
NPBFX
The broker has certain protective measures but is registered in offshore jurisdictions.
Pros
- Membership in The Financial Commission.
- Existence of a Compensation Fund.
- Regulation by multiple bodies.
Cons
- Registration in offshore jurisdictions.
- Lack of information on deposit insurance.
Account Opening
| Broker | HYCM | NPBFX |
|---|---|---|
| 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.
NPBFX
Registration on the website is simple and quick, as it requires minimal information.
Account Types
| Broker | HYCM | NPBFX |
|---|---|---|
| Account Types | 3.5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.4 points |
| Max Leverage | 1:500 | 1:1000 |
| 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.
NPBFX
The broker offers a wide range of accounts, meeting the needs of different traders.
Pros
- STP accounts
- Opportunity to copy trades of successful traders.
- Availability of cent accounts for beginners.
Cons
- No accounts with fixed spreads.
Commissions
| Broker | HYCM | NPBFX |
|---|---|---|
| Commissions | 3/5 | 4/5 |
| Spread | from 0.1 points | from 0.4 points |
| Average Spread (EURUSD) | 1.5 | 1.2 |
| Commission per Lot | $4 |
HYCM
HYCM charges average trading fees and an account inactivity fee.
NPBFX
NPBFX offers average market spreads and swaps.
Pros
- No inactivity fee.
- No withdrawal fee.
- Cashback with up to 60% spread return
Cons
- Average spreads and swaps.
Deposit and Withdrawal
| Broker | HYCM | NPBFX |
|---|---|---|
| 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.
NPBFX
The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.
Pros
- Multiple deposit/withdrawal methods.
- No deposit fee.
- Commission compensation on the first withdrawal.
Cons
- Withdrawal processing time can be long.
- High commission of payment systems on withdrawal
Markets and Products
| Broker | HYCM | NPBFX |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 72 | 38 |
| Precious Metals | 5 | 2 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 4 | - |
| Indices | 27 | 11 |
| Stocks | 1080 | 62 |
| Cryptocurrency | 28 | 5 |
| ETF | - | 2 |
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
NPBFX
NPBFX offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer an even greater number of instruments and markets.
Trading Platforms
| Broker | HYCM | NPBFX |
|---|---|---|
| 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.
NPBFX
NPBFX platforms provide functionality and convenience for different categories of traders.
Pros
- Use of the popular MetaTrader 4 platform.
- NPB Invest trade copying service.
Cons
- Lack of alternatives to MT4
Analytics
| Broker | HYCM | NPBFX |
|---|---|---|
| Rating | 4/5 | 5/5 |
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
NPBFX
NPBFX offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
Education
| Broker | HYCM | NPBFX |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
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.
NPBFX
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
Customer Support
| Broker | HYCM | NPBFX |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media | — |
Facebook
Twitter
LinkedIn
Instagram
YouTubeHYCM
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.
NPBFX
Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.
Comparisons of HYCM and NPBFX with other brokers
Conclusion
NPBFX stands out as the better overall pick, while HYCM trails on aggregate criteria.
NPBFX scored 4.2/5 and ranks 32 in our rating; HYCM has 4.2/5 and ranks 33.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: HYCM or NPBFX?
NPBFX comes out ahead by overall rank (score 4.2/5, position 32) versus HYCM (score 4.2/5, position 33).
Which broker is better for beginners: HYCM or NPBFX?
NPBFX 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 NPBFX?
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 NPBFX?
HYCM: MetaTrader 4, MetaTrader 5. NPBFX: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with HYCM and NPBFX?
HYCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. NPBFX: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by HYCM and NPBFX?
HYCM: Classic, Fixed, Raw. NPBFX: Master, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by HYCM and NPBFX?
HYCM: Neteller, Skrill, Perfect Money, Swift, Visa, Mastercard. NPBFX: WebMoney, Qiwi, YooMoney, Moneta.ru, FasaPay, Skrill, Neteller, Volet, Perfect Money, Payoma, Swift, SEPA, Visa, Mastercard, Maestro, Альфа Банк, Промсвязьбанк, Русский Стандарт, Faktura.ru, Почта Банк. Check method-specific fees/settlement times.
Which broker is safer — HYCM or NPBFX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
