Comparison of Admirals and HYCM
| Feature | Admirals | HYCM |
|---|---|---|
| Broker | ||
| Year Founded | 2001 | 1977 |
| Broker Type | STP | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | FCA, CySEC, CIMA, SVGFSA, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:1000 | 1:500 |
| Minimum Deposit | $25 | $100 |
| Base Currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, AED |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin) |
| Inactivity Fee | $10 per month after 24 months | ✔ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
| Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✖ | ✖ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Admirals Review | HYCM Review |
About Admirals
Admirals is a reputable forex broker renowned for its robust trading platforms, competitive pricing, and comprehensive range of financial instruments. Catering to both beginner and experienced traders, Admirals offers access to a diverse selection of currency pairs, commodities, indices, cryptocurrencies, and more. The broker is regulated by several top-tier financial authorities, ensuring a high level of security and transparency for its clients. Admirals also provides extensive educational resources, including webinars, tutorials, and market analysis, which help traders enhance their skills and make informed decisions. Additionally, their customer support is highly responsive and available through multiple channels, making Admirals a reliable choice for traders seeking a balanced and user-friendly trading experience.
Pros
- Regulated by multiple reputable financial authorities
- Access to numerous currency pairs, commodities, indices, cryptocurrencies, and more
- Offers tight spreads and low trading fees
- Supports MetaTrader 4 and MetaTrader 5
- Comprehensive tutorials, webinars, and market analysis
- Responsive and available through various channels
Cons
- Services may not be available in all countries, limiting accessibility for some traders
- Certain regions may incur fees for withdrawals, which can affect overall profitability
About HYCM
HYCM (formerly Henyep Capital Markets) is a multi-asset forex and CFD broker with more than four decades in the industry and a trio of top-tier licences from the FCA (UK), CySEC (EU) and DFSA (UAE). Traders can choose between fixed- or variable-spread accounts on MetaTrader 4 and MetaTrader 5, accessing 1 ,300+ instruments that cover currencies, stocks, indices, commodities and cryptocurrencies. With minimum deposits from just 100 USD, leverage up to 1 : 500 (region-dependent) and a rich catalogue of webinars, e-books and market reports, HYCM appeals to both first-time traders and seasoned professionals looking for tight pricing under a strong regulatory umbrella.
Pros
- Strong regulation from FCA, CySEC and DFSA with segregated client funds
- Choice of Fixed, Classic or Raw accounts-spreads from 0.0 pips on Raw or zero-commission Fixed pricing
- Full support for MT4 and MT5 on desktop, web and mobile
- 1 ,300+ tradeable instruments spanning forex, stocks, indices, commodities and crypto
- Extensive educational suite: weekly webinars, video tutorials and downloadable e-books
- Fast funding and withdrawals via cards, e-wallets and local bank transfers
Cons
- No proprietary platform or integrated copy-trading/social-trading tools
- Raw account carries a commission of 4 USD per lot per side, which may deter micro-lot traders
- High-tier research tools (Trading Central, Autochartist) gated behind larger deposits or higher trading volume
- Cryptocurrency deposits not supported, limiting funding flexibility for some clients
Admirals & HYCM Regulation
| Feature | Admirals | HYCM |
|---|---|---|
Companies | Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd, Admiral Markets UK Ltd, Admiral Markets Group, Admirals AU Pty Ltd, Admirals SA (Pty) Ltd, Admirals KE Ltd, Admirals SC Ltd | HYCM Capital Markets (UK), HYCM (Europe) Ltd, HYCM Ltd, HYCM Capital Markets (DIFC) Limited |
Countries | Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
Regulators | CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA | FCA, CySEC, CIMA, SVGFSA, DFSA |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | £85 000 / €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Admirals
Admiral Markets Cyprus Ltd, Admiral Markets AS Jordan Ltd, Admiral Markets UK Ltd, Admiral Markets Group, Admirals AU Pty Ltd, Admirals SA (Pty) Ltd, Admirals KE Ltd, Admirals SC Ltd
HYCM
HYCM Capital Markets (UK), HYCM (Europe) Ltd, HYCM Ltd, HYCM Capital Markets (DIFC) Limited
Countries
Admirals
Cyprus, Jordan, United Kingdom, Estonia, Australia, South Africa, Kenya, Seychelles
HYCM
United Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Regulators
Admirals
CySEC, JSC, FCA, EFSA, ASIC, FSCA, CMA, SFSA
HYCM
FCA, CySEC, CIMA, SVGFSA, DFSA
Investor Protection
Admirals
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
HYCM
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Investor Protection Size
Admirals
£85 000 / €20 000
HYCM
£85 000 / €20 000
Publicly Traded
Admirals
HYCM
Segregated Accounts
Admirals
HYCM
Guaranteed Stop Loss
Admirals
HYCM
Negative Balance Protection
Admirals
HYCM
Account Types
| Account | Admirals | HYCM |
|---|---|---|
STP Account | ||
| Account Name | Trade | Classic |
| Min Deposit | $25 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.6 | 1.2 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 30% | 50% |
| Margin Call | 100% | 100% |
Zero Account | ||
| Account Name | Zero | Raw |
| Min Deposit | $25 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0.1 |
| Fee | $6 per 1 lot | $8 per 1 lot |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 30% | 50% |
| Margin Call | 100% | 100% |
Fix Spread Account | ||
| Account Name | — | Fixed |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Fixed |
| Execution | — | Market |
| Min Spread | — | 1.5 |
| Fee | — | No |
| Max Leverage | — | 1:5000 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
Admirals
Trade
HYCM
Classic
Min Deposit
Admirals
$25
HYCM
$100
Lot Size
Admirals
0.01
HYCM
0.01
Spread Type
Admirals
Floating
HYCM
Floating
Execution
Admirals
Market
HYCM
Market
Min Spread
Admirals
0.6
HYCM
1.2
Fee
Admirals
No
HYCM
No
Max Leverage
Admirals
1:1000
HYCM
1:500
Stop Out
Admirals
30%
HYCM
50%
Margin Call
Admirals
100%
HYCM
100%
Zero Account
Account Name
Admirals
Zero
HYCM
Raw
Min Deposit
Admirals
$25
HYCM
$200
Lot Size
Admirals
0.01
HYCM
0.01
Spread Type
Admirals
Floating
HYCM
Floating
Execution
Admirals
Market
HYCM
Market
Min Spread
Admirals
0
HYCM
0.1
Fee
Admirals
$6 per 1 lot
HYCM
$8 per 1 lot
Max Leverage
Admirals
1:1000
HYCM
1:500
Stop Out
Admirals
30%
HYCM
50%
Margin Call
Admirals
100%
HYCM
100%
Fix Spread Account
Account Name
Admirals
—
HYCM
Fixed
Min Deposit
Admirals
—
HYCM
$100
Lot Size
Admirals
—
HYCM
0.01
Spread Type
Admirals
—
HYCM
Fixed
Execution
Admirals
—
HYCM
Market
Min Spread
Admirals
—
HYCM
1.5
Fee
Admirals
—
HYCM
No
Max Leverage
Admirals
—
HYCM
1:5000
Stop Out
Admirals
—
HYCM
50%
Margin Call
Admirals
—
HYCM
100%
Additional Features
Demo Account
Admirals
HYCM
VIP Account
Admirals
HYCM
Swap-Free Account
Admirals
HYCM
Copy Trading
Admirals
HYCM
VPS
Admirals
HYCM
PAMM/MAM Accounts
Admirals
HYCM
Funding and Fees
| Feature | Admirals | HYCM |
|---|---|---|
Base currencies | USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND | USD, EUR, GBP, AED |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin) |
Inactivity fee | $10 per month after 24 months | |
Interest on margin | ||
Withdrawal fee |
Base currencies
Admirals
USD, EUR, GBP, AUD, BRL, MXN, CLP, SGD, THB, VND
HYCM
USD, EUR, GBP, AED
Deposit and withdrawal methods
Admirals
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Perfect Money, Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Ethereum (ETH)
HYCM
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin)
Inactivity fee
Admirals
$10 per month after 24 months
HYCM
Interest on margin
Admirals
HYCM
Withdrawal fee
Admirals
HYCM
Trading Platforms and Conditions
| Feature | Admirals | HYCM |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 150 ms | 12 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Platforms
Admirals
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
HYCM
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
Admirals
150 ms
HYCM
12 ms
Scalping
Admirals
HYCM
Expert Advisors (EAs)
Admirals
HYCM
Depth of Market (DOM)
Admirals
HYCM
Spread
Admirals
low
HYCM
average
Trading Assets
| Asset | Admirals | HYCM |
|---|---|---|
Currencies | 82 | 72 |
Indices | 43 | 27 |
Stocks | 3428 | 1080 |
Cryptocurrencies | 21 | 28 |
Bonds | 2 | 0 |
Metals | 7 | 5 |
Energies | 3 | 3 |
Soft Commodities | 7 | 4 |
ETFs | 362 | 0 |
Currencies
Admirals
82
HYCM
72
Indices
Admirals
43
HYCM
27
Stocks
Admirals
3428
HYCM
1080
Cryptocurrencies
Admirals
21
HYCM
28
Bonds
Admirals
2
HYCM
0
Metals
Admirals
7
HYCM
5
Energies
Admirals
3
HYCM
3
Soft Commodities
Admirals
7
HYCM
4
ETFs
Admirals
362
HYCM
0
Education and Analytics
| Feature | Admirals | HYCM |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Admirals
HYCM
Indicators
Admirals
HYCM
Robots
Admirals
HYCM
Signals
Admirals
HYCM
Autochartist
Admirals
HYCM
Expert Analytics
Admirals
HYCM
News Feed
Admirals
HYCM
Education Articles
Admirals
HYCM
Webinars
Admirals
HYCM
Seminars
Admirals
HYCM
Bonuses
| Bonus | Admirals | HYCM |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $5000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
Admirals
HYCM
Size
Admirals
100%, up to $5000
HYCM
—
Details
Admirals
HYCM
—
Customer Support
| Contact | Admirals | HYCM |
|---|---|---|
Email | global@admiralmarkets.com | support@hycm.com |
Phone | +442081577344 | +442088167812 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Email
Admirals
HYCM
Phone
Admirals
HYCM
Telegram
Admirals
HYCM
—
Facebook
Admirals
—
HYCM
Which Broker is Better?
After comparing Admirals and HYCM, HYCM comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.