FP Markets vs HYCM, Updated for 2025
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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 |
Read our In-Depth FP Markets vs HYCM Review - 2025 Update
Our comprehensive analysis of FP Markets and HYCM has been updated to reflect any changes for 2025 by industry experts boasting years of financial experience across CFDs, Social Trading, & Forex.
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 has certain ups and downs, and any comprehensive analysis of FP Markets vs HYCM would not be regarded as thorough without embracing a balanced approach.
Examine HYCM and FP Markets in order to understand just how these platforms line up against each other prior to you open an account. Conducting a side-by-side comparison can place factors in perspective to ensure that you are informed about what to expect.
So you are looking for a broker and are choosing between FP Markets or HYCM. Who should you choose?
This FP Markets vs HYCM comparison contains the most recent information so you can easily compare HYCM against FP Markets.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will get proficient at all the concepts of broker as you continue trading. For starters, you need to choose the right broker who will be transparent with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. FP Markets and HYCM are two such stages that will take you along with your investment into great heights. It is important that you compare FP Markets vs HYCM before you trust them with your cash.
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 entire FP Markets vs HYCM Review covers all you need to know about trading with either FP Markets or HYCM. A fantastic broker can multiply your first investments and give you positive profits. If you want to earn profits, you should trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a frequent misconception that all agents are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
FP Markets and HYCM are both brokers that have forged their way successfully into the brokerage world. In this review, we've tried to collate a number of the vital facets of both FP Markets and HYCM. This review can allow you to know whether either HYCM or FP Markets is a fantastic match for your investments or not. We've tried to breakdown all of the features and charges for your advantage.
Benefits of FP Markets and HYCM Compared
FP Markets has 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 has around 100 financial instruments available.
The more financial 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 seriously do not 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 an online trading platform easily is vital. 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 |
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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.
This part of comparing FP Markets and HYCM will examine whether their mobile app meets all our requirements.
Overall, we rate 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
While most brokers are good at this, there are some poor ones. 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 years they have been operating as an online broker. We list the most recognised awards for FP Markets below.
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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 head office 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 needs, 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 option.
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 strong set of rules for ensuring fair trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer 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 brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this objective.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In such instances, you're spending a spread, financing speed, or even a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight prices are those that are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They're billed for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither FP Markets or HYCM charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by FP Markets and HYCM are comparatively lower. As a result, you are billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not related to the purchase and sale of resources.
This FP Markets vs HYCM review for 2025 breaks down every one of the relevant non-trading fees 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 |
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What Languages Do FP Markets And HYCM Support?
Being able to chat completely with your online broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to 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 | |
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How Many Clients Do FP Markets and HYCM Have?
Both FP Markets and HYCM are well established with their customer base. It is really important to work with a broker that is reputable and one of the most simple 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 |
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What Can You Trade With FP Markets and HYCM?
FP Markets offers 100 trading instruments and 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?