HYCM Alternatives: 2025 Update
This alternatives to HYCM guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to HYCM to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to HYCM like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that HYCM is not quite right for you then it would be worth getting a virtual account with a lot of the best HYCM alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth review of HYCM alternatives on the web
There are a lot of reasons HYCM may not be a good fit for your trading needs. For whatever reason you are looking for a new HYCM alternative or HYCM competitor with similar services, we will always try to give you as much helpful information so you can make an informed decision. Below you can find the most popular HYCM alternatives.
For each of the alternative to HYCM, we break down the key differences to HYCM and for each platform feature show you the best competitors. For every HYCM alternative trading platform listed we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with HYCM, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Having a professional and dependable online broker is crucial to your trading success. All of the HYCM alternative platforms shown in this HYCM alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
HYCM has a minimum desposit of $100, you can check how the minimum deposit requirements of HYCM compare with the minimum deposit requirements of HYCM competitors. Brokers offer lower minimum deposits to get users to join with them, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
HYCM |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Virtual Portfolio Accounts
HYCM offers demo accounts so you can learn their systems before risking any real money. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we list some of the best alternatives to HYCM that have virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
HYCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
HYCM doesn't provide negative balance protection. If your balance is unfavorable, HYCM suggests you contact client services. Then you are able to correct any imbalances within your own account.
Below we show some of the best alternatives to HYCM that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
HYCM |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
HYCM unfortunately, does not offer guaranteed stop loss. HYCM gives a chance for its dealers to close their trade in their given price. Aside from this, HYCM doesn't provide guaranteed stop loss.
Below we detail some of the best HYCM alternatives that has guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
HYCM |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the stipulations of HYCM don't condone scalping. It is a trading technique which isn't permitted on the agent's platform. You must refer to HYCM's provisions and conditions to read more about its policies.
Below we detail some of the best alternatives to HYCM that offer scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
HYCM |
||
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
The stipulations of HYCM don't allow hedging. It is a trading technique that isn't permitted on the broker's platform. You should consult with HYCM's terms and conditions to see more about its policies.
Below we detail some of the best alternatives to HYCM that offer hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
HYCM |
||
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, HYCM offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..
Below we show some of the best HYCM alternatives that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
HYCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, HYCM offers copy trading which gives access to leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we detail some of the top alternatives to HYCM that has copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
HYCM |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare HYCM To All Other Brokers