FP Markets vs HYCM, Who's The Best?
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FP Markets Rating
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HYCM Rating
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Losses can exceed deposits |
Losses can exceed deposits |
FP Markets vs HYCM Guide |
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Read our In-Depth FP Markets vs HYCM Review - for 2026
This FP Markets vs HYCM review has been revised for 2026 by knowledgeable insiders with considerable financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs HYCM does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
HYCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs HYCM
Every trading platforms will have some pros and cons, so a complete analysis of FP Markets vs HYCM would not be regarded as thorough without embracing a fair assessment.
Examine HYCM and FP Markets in order to understand how they compare with one another prior to you decide to create an account. A comprehensive comparison will put things in perspective to ensure that you remain aware of the expectations.
So you are looking for a professional broker and are choosing between FP Markets or HYCM. Which one is best in 2026?
This FP Markets vs HYCM comparison contains the most recent information so you can easily compare HYCM against FP Markets.
If you're a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get adept at all of the concepts of broker as you continue trading. For starters, you need to choose the right broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. FP Markets and HYCM are just two such stages which will take you and your investment to great heights. It is important that you compare FP Markets vs HYCM until you trust them with your money.
Our FP Markets vs HYCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and HYCM side by side.
Our full FP Markets vs HYCM Review covers all you will need to learn about trading with either FP Markets or HYCM. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to make profits, you should trade with a broker service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
FP Markets and HYCM are both brokers which have paved their way successfully into the brokerage world. Within this review, we have attempted to collate some of the vital aspects of both FP Markets and HYCM. This review can help you to understand whether either HYCM or FP Markets is a good match for your investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Benefits of FP Markets and HYCM Compared
FP Markets offers a minimum deposit of $100 while HYCM has a $100 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and HYCM compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FP Markets has around 100 financial instruments while HYCM allows you to trade around 100 financial instruments available.
The more instruments you can trade on the FP Markets and HYCM trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of FP Markets or HYCM.
FP Markets and HYCM Contact Details
Being able to contact a broker simply is a sign of a professional broker. FP Markets and HYCM have the following contact details and social medias that you can use.
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| Broker | FP Markets | HYCM |
| Telephone Number | +44 28 2544 7780 | +44 20 8816 7812 |
| supportteam@fpmarkets.com | support@hycm.com | |
| Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN |
| FP Markets Twitter Account | HYCM Twitter Account | |
| FP Markets Facebook Page | HYCM Facebook Page | |
| FP Markets Instagram Account | HYCM Instagram Account | |
| FP Markets LinkedIn Page | HYCM LinkedIn Page | |
| YouTube | FP Markets YouTube Channel | HYCM YouTube Channel |
| Find Out More |
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HYCM and FP Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of FP Markets and HYCM we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
FP Markets vs HYCM - Awards
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| Broker | FP Markets | HYCM |
| Awards |
FP Markets have won several industry awards over the time they have been running as an online broker. We list the most notable awards for FP Markets here.
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At the time of writing this HYCM review, and despite HYCM’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FP Markets vs HYCM - Frequently Asked Questions
FP Markets vs HYCM - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its headquaters in Australia.
HYCM was founded in 1977 and has its headquaters in UK.
What is the minimum deposit for HYCM or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for HYCM is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and HYCM are a good choice.
FP Markets vs HYCM - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
HYCM is regulated by Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048.
Both FP Markets and HYCM have a powerful collection of rules for ensuring fair trading on their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FP Markets vs HYCM Commission And Fees
FP Markets and HYCM are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker is not necessarily influenced by the number of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly three different types of fees for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you're paying a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those who are charged when you hold a leveraged position for longer than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither FP Markets or HYCM charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees charged by FP Markets and HYCM are comparatively greater. Consequently, you're billed more for non-trading activities in your trading account, such as withdrawal and deposits. These are not about the purchase and sale of assets.
This FP Markets vs HYCM review for 2026 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For FP Markets And HYCM
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| Broker | FP Markets | HYCM |
| Minimum Deposit | $100 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
| Find Out More |
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What Languages Do FP Markets And HYCM Support?
Being able to talk completely with your trading platform is a key element when comparing trading platforms to find the best trading partner. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Below you can find all the languages that both FP Markets and HYCM support.
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| Broker | FP Markets | HYCM |
| Languages Supported | English, Chinese, Chinese (Traditional), Arabic, and Russian | |
| Find Out More |
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How Many Clients Do FP Markets and HYCM Have?
Both FP Markets and HYCM are well established with their client base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers FP Markets and HYCM have
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| Broker | FP Markets | HYCM |
| Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FP Markets and HYCM Accept?
FP Markets and HYCM both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FP Markets and HYCM
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| Broker | FP Markets | HYCM |
| Bank Transfers | Yes | Yes |
| Credit Cards | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Payoneer | No | Yes |
| Neteller | Yes | Yes |
| Find Out More |
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What Can You Trade With FP Markets and HYCM?
FP Markets offers 100 trading instruments whilst HYCM offers 100.
Below you will find a full breakdown of what both FP Markets and HYCM offer.
FP Markets Review
FP Markets vs HYCM:
Table Of Contents
- Compare FP Markets vs HYCM
- Benefits of FP Markets and HYCM Compared
- HYCM and FP Markets Mobile App Comparison
- FP Markets vs HYCM - Awards
- FP Markets vs HYCM - Frequently Asked Questions
- What is the minimum deposit for HYCM or FP Markets
- FP Markets vs HYCM - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And HYCM
- What Languages Do FP Markets And HYCM Support?
- How Many Clients Do FP Markets and HYCM Have?
- What Payment Methods Do FP Markets and HYCM Accept?
- What Can You Trade With FP Markets and HYCM?

