FreshForex vs HYCM, Who's Better?
Read our In-Depth FreshForex vs HYCM Review - Updated for 2025
This review comparing FreshForex and HYCM has been revised to reflect any changes for 2025 from seasoned professionals with significant expertise across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FreshForex vs HYCM does not apply to all countries as follows:
FreshForex Excluded Countries
United States of America, United Kingdom, Russian Federation, and France.
HYCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FreshForex vs HYCM
All trading platforms will have certain pros and cons, so a complete analysis of FreshForex vs HYCM should not be regarded as thorough without embracing a balanced approach.
Assess HYCM and FreshForex in order to understand just how these platforms stack up to each before you choose to make an account. Conducting a side-by-side comparison can place factors in perspective so that you're aware of what to expect.
So you are looking for a broker and are choosing between FreshForex or HYCM. Who should you choose?
This FreshForex vs HYCM comparison contains the latest information so you can easily compare HYCM against FreshForex.
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 assessing skills and thorough knowledge. You'll acquire adept at all the concepts of broker as you keep trading. For starters, you have to choose the ideal agent who will be clear with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. FreshForex and HYCM are two such platforms that will take you and your investment into great heights. It is crucial to compare FreshForex vs HYCM until you trust them with your cash.
Our FreshForex vs HYCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FreshForex and HYCM side by side.
Our entire FreshForex vs HYCM Review covers everything you need to learn about trading with either FreshForex or HYCM. A fantastic agent can multiply your initial investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you select them. It's a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can set your investments in danger.
FreshForex and HYCM are both brokers which have paved their way successfully to the broker world. In this review, we've attempted to collate some of the important facets of both FreshForex and HYCM. This review will help you to understand whether either HYCM or FreshForex is a fantastic fit for your own investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of FreshForex and HYCM Compared
FreshForex has a minimum deposit of $1 while HYCM has a $100 minimum deposit.
Why smaller minimum deposits are good and how FreshForex 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.
FreshForex allows you to trade around 144 financial instruments while HYCM allows you to trade around 144 on their platform.
The more instruments you can trade on the FreshForex 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 FreshForex or HYCM.
FreshForex and HYCM Contact Details
Being able to contact an online trading platform simply is important. FreshForex and HYCM have the following contact details and social medias that you can use.
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Broker | FreshForex | HYCM |
Telephone Number | +44 207 099 2124 | +44 20 8816 7812 |
info@freshforex.com | support@hycm.com | |
Address | Suite 305 Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingstown, St. Vincent and the Grenadines | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN |
FreshForex Twitter Account | HYCM Twitter Account | |
FreshForex Facebook Page | HYCM Facebook Page | |
FreshForex Instagram Account | HYCM Instagram Account | |
FreshForex LinkedIn Page | HYCM LinkedIn Page | |
YouTube | FreshForex YouTube Channel | HYCM YouTube Channel |
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HYCM and FreshForex 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 FreshForex and HYCM will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the 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. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FreshForex vs HYCM - Awards
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Broker | FreshForex | HYCM |
Awards |
FreshForex have won numerous industry awards over the time they have been running as a financial broker. We detail the most notable awards for FreshForex 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. |
Find Out More |
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FreshForex vs HYCM - Frequently Asked Questions
FreshForex vs HYCM - Headquarters And Year Of Founding
FreshForex was founded in 2004 and has its head office in Russia.
HYCM was founded in 1977 and has its headquaters in UK.
What is the minimum deposit for HYCM or FreshForex
The minimum deposit for FreshForex is $1.
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 FreshForex and HYCM are a good choice.
FreshForex vs HYCM - Regulation And Licencing In More Detail
FreshForex is regulated by SVGFSA 20623 IBC 2012.
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 FreshForex and HYCM have a strong collection of rules for ensuring honest trading on their own platforms. For information encryption purposes, they provide 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 details.
Compare FreshForex vs HYCM Commission And Fees
FreshForex and HYCM are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an internet broker is not necessarily affected by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three different types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you're paying a spread, financing rate, or even a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are those who are billed when you maintain a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither FreshForex or HYCM charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for people who regularly exchange, such as daily or weekly trading.
But, non-trading fees charged by FreshForex and HYCM are comparatively greater. As a result, you are billed more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not related to the purchase and sale of resources.
This FreshForex vs HYCM review for 2025 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For FreshForex And HYCM
What Languages Do FreshForex And HYCM Support?
Being able to chat completely with your trading platform is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Here you will find the languages that both FreshForex and HYCM support.
How Many Clients Do FreshForex and HYCM Have?
Both FreshForex 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 easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers FreshForex and HYCM are working with
What Payment Methods Do FreshForex and HYCM Accept?
FreshForex 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 FreshForex and HYCM
What Can You Trade With FreshForex and HYCM?
FreshForex offers 144 trading instruments and HYCM offers 100.
Below you will find a full breakdown of what both FreshForex and HYCM offer.
FreshForex Review
FreshForex vs HYCM:
Table Of Contents
- Compare FreshForex vs HYCM
- Benefits of FreshForex and HYCM Compared
- HYCM and FreshForex Mobile App Comparison
- FreshForex vs HYCM - Awards
- FreshForex vs HYCM - Frequently Asked Questions
- What is the minimum deposit for HYCM or FreshForex
- FreshForex vs HYCM - Regulation And Licencing In More Detail
- Compare Broker Fees For FreshForex And HYCM
- What Languages Do FreshForex And HYCM Support?
- How Many Clients Do FreshForex and HYCM Have?
- What Payment Methods Do FreshForex and HYCM Accept?
- What Can You Trade With FreshForex and HYCM?