Comparison of AMarkets and HYCM
| Feature | AMarkets | HYCM |
|---|---|---|
| Broker | ||
| Year Founded | 2007 | 1977 |
| Broker Type | ECN, STP | STP |
| Dealing | A-book, B-book | A-book |
| Execution | Instant, Market | Market |
| Regulation | FSC, MISA, SVGFSA | FCA, CySEC, CIMA, SVGFSA, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $100 | $100 |
| Base Currencies | USD, RUB | USD, EUR, GBP, AED |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, Tether (USDT), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin) |
| Inactivity Fee | ✖ | ✔ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | from 1.8% via credit card | ✖ |
| Investor Protection | Financialcommission.org | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
| Protection Size | €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, Cryptocurrencies, Bonds, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | AMarkets Review | HYCM Review |
About AMarkets
Established in 2007, AMarkets has built a solid reputation in the forex and CFD trading industry. Operating from the island of Mwali (Comoros), AMarkets offers traders access to a diverse range of trading instruments, including currency pairs, commodities, indices, shares, ETFs, bonds, futures, and cryptocurrencies. Catering to a global clientele across Latin America, Asia, and the Commonwealth of Independent States (CIS), AMarkets provides various account types tailored to different trading preferences. Notably, their ECN accounts feature competitive floating spreads starting as low as 0 pips. Traders can choose from three robust trading platforms: the widely acclaimed MetaTrader 4 and MetaTrader 5, as well as an intuitive web-based platform. Additionally, AMarkets supports copy trading through its proprietary platform and integrates third-party tools like AutoChartist to enhance trading strategies.
Pros
- Advanced trading platforms
- Wide range of trading instruments
- Multiple account types
- Comprehensive research and educational resources
- Copy trading
- Support for copy trading and third-party tools
- 24/7 customer support
- VPS hosting available for automated trading
Cons
- Limited regulatory oversight
- Withdrawal fees applicable
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
AMarkets & HYCM Regulation
| Feature | AMarkets | HYCM |
|---|---|---|
Companies | AMarkets LLC, AMarkets LTD | HYCM Capital Markets (UK), HYCM (Europe) Ltd, HYCM Ltd, HYCM Capital Markets (DIFC) Limited |
Countries | Cook Islands, Comoros, Saint Vincent and the Grenadines | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
Regulators | FSC, MISA, SVGFSA | FCA, CySEC, CIMA, SVGFSA, DFSA |
Investor Protection | Financialcommission.org | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | AMarkets | HYCM |
|---|---|---|
STP Account | ||
| Account Name | Standard | Classic |
| Min Deposit | $100 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1.3 | 1.2 |
| Fee | No | No |
| Max Leverage | 1:3000 | 1:500 |
| Stop Out | 20% | 50% |
| Margin Call | 50% | 100% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.2 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 40% | — |
| Margin Call | 50% | — |
Zero Account | ||
| Account Name | Zero | Raw |
| Min Deposit | $200 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0.1 |
| Fee | $5 per 1 lot | $8 per 1 lot |
| Max Leverage | 1:3000 | 1:500 |
| Stop Out | 40% | 50% |
| Margin Call | 50% | 100% |
Fix Spread Account | ||
| Account Name | Fixed | Fixed |
| Min Deposit | $100 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Fixed | Fixed |
| Execution | Market | Market |
| Min Spread | 3 | 1.5 |
| Fee | No | No |
| Max Leverage | 1:3000 | 1:5000 |
| Stop Out | 20% | 50% |
| Margin Call | 50% | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | AMarkets | HYCM |
|---|---|---|
Base currencies | USD, RUB | USD, EUR, GBP, AED |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, Perfect Money, Tether (USDT), Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee | from 1.8% via credit card |
Trading Platforms and Conditions
| Feature | AMarkets | HYCM |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 30 ms | 12 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Assets
| Asset | AMarkets | HYCM |
|---|---|---|
Currencies | 42 | 72 |
Indices | 16 | 27 |
Stocks | 437 | 1080 |
Cryptocurrencies | 27 | 28 |
Bonds | 2 | 0 |
Metals | 7 | 5 |
Energies | 4 | 3 |
Soft Commodities | 7 | 4 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | AMarkets | HYCM |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | AMarkets | HYCM |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 100%, up to $10000 | — |
| Details | Learn More | — |
Customer Support
| Contact | AMarkets | HYCM |
|---|---|---|
Email | support@amarkets.com | support@hycm.com |
Phone | +44 330 777 22 22 | +442088167812 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | — |
Which Broker is Better?
After comparing AMarkets and HYCM, AMarkets 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.