Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
XM
$5.00Tightest Spreads
HYCM Capital Markets
From 0.1 pips (Raw account), ~1.2 pips (Classic), ~1.5 pips (Fixed) pipsHighest Leverage
HYCM Capital Markets
1:Up to 1:500Best Rated
XM
Mobile Trading
Both
✓✓General Information
HYCM Capital Markets
Regulation
FCA (UK), CySEC (Cyprus), DFSA (Dubai, UAE), CIMA (Cayman Islands)
Founded
N/A
Headquarters
United Kingdom
Overall Rating
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
Trading Conditions
| Feature | HYCM Capital Markets | XM |
|---|---|---|
| Minimum Deposit | $20.00 | $5.00 |
| Average Spreads | From 0.1 pips (Raw account), ~1.2 pips (Classic), ~1.5 pips (Fixed) | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard |
| Maximum Leverage | Up to 1:500 | Up to 1:1000 |
| Commission | None | None |
Account Types
HYCM Capital Markets
XM
Platforms & Tools
HYCM Capital Markets
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
HYCM Capital Markets
Deposit Methods
Bank transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller, others depending on region)
Withdrawal Methods
Bank transfer, credit/debit cards, e-wallets (same as deposit methods, subject to account verification)
Withdrawal Fee
None
XM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
Withdrawal Fee
None
Support
HYCM Capital Markets
Support Languages
English, Arabic, Chinese, Spanish, and other regional languages depending on support channel
Support Channels
24/5 support via live chat, email, and phone
Account Manager
Available
XM
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
Account Manager
Not Available
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