eToro vs HYCM, for 2025
Read our In-Depth eToro vs HYCM Review - for 2025
Our eToro vs HYCM review has been revised for 2025 by seasoned professionals with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs HYCM does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
HYCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs HYCM
Every online trading platforms has some pros and cons, so any comprehensive eToro and HYCM review cannnot be regarded as thorough without having a balanced approach.
Assess HYCM and eToro to understand how they compare to one another before you choose to create an account. Performing a comparative analysis will bring aspects into perspective so that you remain aware of the expectations.
So you are looking for a broker and are choosing between eToro or HYCM. Who should you choose?
This eToro vs HYCM comparison contains the latest information so you can easily compare HYCM against eToro.
If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will get adept at all of the concepts of brokerage as you keep trading. For starters, you need to select the ideal broker who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. eToro and HYCM are just two such trading platforms that will take you along with your investment to great heights. It is important that you compare eToro vs HYCM before you trust them with your money.
Our eToro vs HYCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and HYCM side by side.
Our full eToro vs HYCM Review covers everything you will need to learn about trading using either eToro or HYCM. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
eToro and HYCM are both brokers that have paved their way successfully to the broker world. In this review, we've attempted to collate some of the vital aspects of both eToro and HYCM. This review can help you to know whether either HYCM or eToro is a good match for your own investments or not. We've tried to breakdown all of the features and charges for your advantage.
Benefits of eToro and HYCM Compared
eToro has a minimum deposit of $50 while HYCM has a $100 minimum deposit.
Why smaller minimum deposits are good and how eToro 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.
eToro has around 100 financial instruments while HYCM has around 100 financial instruments on their platform.
The more financial instruments you can trade on the eToro and HYCM 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 eToro or HYCM.
eToro and HYCM Contact Details
Being able to contact an online trading platform through many ways is a sign of a professional broker. eToro and HYCM have the following contact details and social medias that you can use.
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Broker | eToro | HYCM |
Telephone Number | +44 20 8816 7812 | |
support@etoro.com | support@hycm.com | |
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN |
eToro Twitter Account | HYCM Twitter Account | |
eToro Facebook Page | HYCM Facebook Page | |
eToro Instagram Account | HYCM Instagram Account | |
eToro LinkedIn Page | HYCM LinkedIn Page | |
YouTube | eToro YouTube Channel | HYCM YouTube Channel |
Find Out More |
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HYCM and eToro Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of eToro and HYCM we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both 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. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
eToro vs HYCM - Awards
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Broker | eToro | HYCM |
Awards |
eToro have won numerous industry awards over the years they have been running as an online trading platform. We detail the most notable awards for eToro 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. |
Find Out More |
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eToro vs HYCM - Frequently Asked Questions
eToro vs HYCM - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
HYCM was founded in 1977 and has its head office in UK.
What is the minimum deposit for HYCM or eToro
The minimum deposit for eToro is $50.
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 eToro and HYCM are a good choice.
eToro vs HYCM - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), 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 eToro and HYCM have a powerful set of rules for ensuring fair trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare eToro vs HYCM Commission And Fees
eToro 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 companies of online brokerages are scaled better. In other words, an online broker isn't 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 prices of varying rates for various services to earn money. There are mainly 3 types of fees for this purpose.
The first kind of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such cases, you are spending a spread, funding speed, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither eToro or HYCM charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who often trade, such as weekly or daily trading.
However, non-trading fees charged by eToro and HYCM are comparatively higher. Consequently, you're billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not related to the purchase and sale of resources.
This eToro vs HYCM review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And HYCM
What Languages Do eToro And HYCM Support?
Being able to talk easily with your trading broker is a key element when comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both eToro and HYCM support.
How Many Clients Do eToro and HYCM Have?
Both eToro and HYCM are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many customers eToro and HYCM have
What Payment Methods Do eToro and HYCM Accept?
eToro 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 eToro and HYCM
What Can You Trade With eToro and HYCM?
eToro offers 100 trading instruments whilst HYCM offers 100.
Below you will find a full breakdown of what both eToro and HYCM offer.
eToro Review
eToro vs HYCM:
Table Of Contents
- Compare eToro vs HYCM
- Benefits of eToro and HYCM Compared
- HYCM and eToro Mobile App Comparison
- eToro vs HYCM - Awards
- eToro vs HYCM - Frequently Asked Questions
- What is the minimum deposit for HYCM or eToro
- eToro vs HYCM - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And HYCM
- What Languages Do eToro And HYCM Support?
- How Many Clients Do eToro and HYCM Have?
- What Payment Methods Do eToro and HYCM Accept?
- What Can You Trade With eToro and HYCM?