HYCM vs ScoreCM 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 ScoreCM?
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 ScoreCM.
HYCM scored 4.2/5 and ranks 33 in our all Forex brokers list, whereas ScoreCM has 3.4/5 and ranks 60.
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 ScoreCM suitable for?
ScoreCM is suitable for beginners and active scalpers with a modest deposit looking to trade on MT5 with high leverage, but not seeking a wide range of markets.
Comparison Table of HYCM and ScoreCM
| Broker | HYCM | ScoreCM |
|---|---|---|
| Rating | 4.2/5 | 3.4/5 |
| Foundation Year | 1976 | 2024 |
| Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | Dominica, Comoros |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | HYCM Review | ScoreCM 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:
ScoreCM Review
ScoreCM is ideal for those looking to quickly start on MT5 with a small deposit and high leverage — suitable for beginners testing strategies and active scalpers. However, its offshore regulation and limited range of instruments make the platform less attractive for investors with substantial capital and those seeking broad diversification. Overall, the broker presents itself as a reliable entry-level 'workhorse' that requires cautious risk management.
Pros and Cons of ScoreCM
Pros
- Low entry threshold — Standard account opens with $10.
- High leverage up to 1:1000 (Forex) on the basic plan.
- Multiple commission-free deposit/withdrawal methods.
- Fast account opening: short form, auto-generated password, same-day verification.
- 24/5 multi-channel support.
Cons
- Offshore regulation and no compensation scheme.
- Short operating history (since 2024) and limited public reputation.
- Limited market offering — approximately 60 CFDs; no CFDs on stocks and soft commodities.
- High spreads/swaps on the Standard account and an annual $25 inactivity fee.
- Only one platform available (MT5).
Reliability
| Broker | HYCM | ScoreCM |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 1976 | 2024 |
| Regulated in Countries | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates | Dominica, Comoros |
| Regulators |
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HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
ScoreCM
ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.
Pros
- Two active licenses
- Segregation of client funds
Cons
- Low-tier offshore regulators
- No compensation fund
- Short operating history
Account Opening
| Broker | HYCM | ScoreCM |
|---|---|---|
| Account Opening | 4.5/5 | 4.5/5 |
| 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.
ScoreCM
The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.
Pros
- 2–3 minutes to complete the form
- Intuitive KYC wizard
- Quick document approval
Cons
- Mandatory submission of 4 documents for KYC
- No social media registration
Account Types
| Broker | HYCM | ScoreCM |
|---|---|---|
| Account Types | 3.5/5 | 3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 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.
ScoreCM
Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.
Pros
- Deposit starting at $10
- Raw spreads on Pro/Elite accounts
Cons
- No cent or fixed-spread account
- No Islamic (swap-free) plan
- No copy trading/PAMM
Commissions
| Broker | HYCM | ScoreCM |
|---|---|---|
| Commissions | 3/5 | 2.5/5 |
| Spread | from 0.1 points | from 0.1 points |
| Average Spread (EURUSD) | 1.5 | 1.8 |
| Commission per Lot | $4 | $3.5 |
HYCM
HYCM charges average trading fees and an account inactivity fee.
ScoreCM
ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.
Pros
- No deposit/withdrawal fees
Cons
- High spreads and swaps on the Standard account
- $25/year account inactivity fee
- No discounts for high volume trading
Deposit and Withdrawal
| Broker | HYCM | ScoreCM |
|---|---|---|
| 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.
ScoreCM
The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.
Pros
- No broker fees
- Minimum deposit of $10
- Instant deposit via e-wallet or cryptocurrency
Cons
- No option to deposit or withdraw via card
Markets and Products
| Broker | HYCM | ScoreCM |
|---|---|---|
| Markets and Products | 5/5 | 3/5 |
| Forex | 72 | 42 |
| Precious Metals | 5 | 10 |
| Energy Carriers | 3 | 4 |
| Soft Commodities | 4 | - |
| Indices | 27 | 6 |
| Stocks | 1080 | - |
| Cryptocurrency | 28 | 5 |
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
ScoreCM
ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.
Pros
- High leverage up to 1:1000
- CFDs available on cryptocurrencies
Cons
- Only about 60 instruments available
- No CFDs on stocks
- No soft commodities
Trading Platforms
| Broker | HYCM | ScoreCM |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| 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.
ScoreCM
The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.
Pros
- Comprehensive MT5 offering: desktop, web, and mobile applications
- Support for algo trading and the MQL5 marketplace
Cons
- No MT4, cTrader, or TradingView
- No copy trading or social signals
Analytics
| Broker | HYCM | ScoreCM |
|---|---|---|
| Rating | 4/5 | 3/5 |
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
ScoreCM
ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.
Pros
- Economic calendar
- Trading calculators
- Autochartist plugin
Cons
- Lacks daily market reviews and trade ideas
- No webinars/video analytics
Education
| Broker | HYCM | ScoreCM |
|---|---|---|
| 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.
ScoreCM
The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.
Pros
- Approximately 90 lessons across all levels
- Clear structure
- Extensive industry glossary
Cons
- No video lessons or webinars
- No interactive quizzes
- No live expert support
Customer Support
| Broker | HYCM | ScoreCM |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
LinkedIn
Instagram
YouTube
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.
ScoreCM
Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.
Pros
- Live chat, email, phone, WhatsApp, Telegram
- Average response time ≤ 30 minutes
- Quick issue resolution
Cons
- Peak times may see delays in chat responses
Comparisons of HYCM and ScoreCM with other brokers
Conclusion
HYCM stands out as the better overall pick, while ScoreCM trails on aggregate criteria.
HYCM scored 4.2/5 and ranks 33 in our rating; ScoreCM has 3.4/5 and ranks 60.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: HYCM or ScoreCM?
HYCM comes out ahead by overall rank (score 4.2/5, position 33) versus ScoreCM (score 3.4/5, position 60).
Which broker is better for beginners: HYCM or ScoreCM?
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 ScoreCM?
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 ScoreCM?
HYCM: MetaTrader 4, MetaTrader 5. ScoreCM: MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with HYCM and ScoreCM?
HYCM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. ScoreCM: Forex, Precious Metals, Energy Carriers, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by HYCM and ScoreCM?
HYCM: Classic, Fixed, Raw. ScoreCM: Standard, Pro, Elite. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by HYCM and ScoreCM?
HYCM: Neteller, Skrill, Perfect Money, Swift, Visa, Mastercard. ScoreCM: SticPay, Payment Asia, Swift, SEPA. Check method-specific fees/settlement times.
Which broker is safer — HYCM or ScoreCM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
