FIBO Group vs HYCM: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 1998
  • Broker Type: STP, ECN
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
  • Spread: Low
  • Maximum Leverage: 1:3000
  • Minimum Deposit: $1
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  • Year Founded: 1977
  • Broker Type: STP
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
  • Spread: Average
  • Maximum Leverage: 1:500
  • Minimum Deposit: $100
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Our pick:

HYCM

Based on multiple factors—spreads and fees, available assets and instruments, platforms and execution speed, quality of support and educational resources. This is not financial advice.

Comparison of FIBO Group and HYCM

FeatureFIBO GroupHYCM
Broker
Year Founded19981977
Broker TypeSTP, ECNSTP
DealingA-bookA-book
ExecutionMarketMarket
RegulationBVIFSCFCA, CySEC, CIMA, SVGFSA, DFSA
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTraderMetaTrader 4 (MT4), MetaTrader 5 (MT5)
Spread Low Average
Maximum Leverage1:30001:500
Minimum Deposit$1$100
Base CurrenciesUSD, EUR, GLD, BTC, ETHUSD, EUR, GBP, AED
Funding MethodsBank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP)Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin)
Inactivity FeeMonthly charge of up to $5
Interest on Margin
Withdrawal FeeVariable by payment method
Investor Protection-UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Protection Size-£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)Forex, Commodities, Indices, Cryptocurrencies, CFDsCurrencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities
ReviewFIBO Group ReviewHYCM Review

About FIBO Group

FIBO Group is an international financial holding founded in 1998. It offers NDD and fixed-spread accounts on MetaTrader 4, MetaTrader 5, and cTrader, with a choice of cent, fixed, NDD (ECN-style) and crypto CFD accounts. Regulated by FSC BVI, it also supports PAMM and Islamic accounts.

Pros

  • Over 25 years of experience and global presence (since 1998)
  • Multiple NDD account types with spreads from 0 pips
  • Supports MetaTrader 4, MetaTrader 5, and cTrader
  • Offers PAMM & Islamic account options

Cons

  • Higher minimum deposits for non‑cent accounts
  • Limited direct access to stocks and ETFs
  • No negative‑balance protection

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

FIBO Group & HYCM Regulation

Companies
FIBO Group
FIBO Group, Ltd.
HYCM
HYCM Capital Markets (UK), HYCM (Europe) Ltd, HYCM Ltd, HYCM Capital Markets (DIFC) Limited
Countries
FIBO Group
British Virgin Islands
HYCM
United Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Regulators
FIBO Group
BVIFSC
HYCM
FCA, CySEC, CIMA, SVGFSA, DFSA
Investor Protection
FIBO Group
-
HYCM
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Investor Protection Size
FIBO Group
-
HYCM
£85 000 / €20 000
Publicly Traded
FIBO Group
HYCM
Segregated Accounts
FIBO Group
HYCM
Guaranteed Stop Loss
FIBO Group
HYCM
Negative Balance Protection
FIBO Group
HYCM

Account Types

STP Account
Account Name
FIBO Group
HYCM
Classic
Min Deposit
FIBO Group
HYCM
$100
Lot Size
FIBO Group
HYCM
0.01
Spread Type
FIBO Group
HYCM
Floating
Execution
FIBO Group
HYCM
Market
Min Spread
FIBO Group
HYCM
1.2
Fee
FIBO Group
HYCM
No
Max Leverage
FIBO Group
HYCM
1:500
Stop Out
FIBO Group
HYCM
50%
Margin Call
FIBO Group
HYCM
100%
ECN Account
Account Name
FIBO Group
MT4 NDD
HYCM
Min Deposit
FIBO Group
$50
HYCM
Lot Size
FIBO Group
0.01
HYCM
Spread Type
FIBO Group
Floating
HYCM
Execution
FIBO Group
Market
HYCM
Min Spread
FIBO Group
0
HYCM
Fee
FIBO Group
$6 per 1 lot
HYCM
Max Leverage
FIBO Group
1:400
HYCM
Stop Out
FIBO Group
50%
HYCM
Margin Call
FIBO Group
80%
HYCM
Zero Account
Account Name
FIBO Group
cTrader Zero Spread
HYCM
Raw
Min Deposit
FIBO Group
$50
HYCM
$200
Lot Size
FIBO Group
0.01
HYCM
0.01
Spread Type
FIBO Group
Floating
HYCM
Floating
Execution
FIBO Group
Market
HYCM
Market
Min Spread
FIBO Group
0
HYCM
0.1
Fee
FIBO Group
$12 per 1 lot
HYCM
$8 per 1 lot
Max Leverage
FIBO Group
1:1000
HYCM
1:500
Stop Out
FIBO Group
50%
HYCM
50%
Margin Call
FIBO Group
80%
HYCM
100%
Fix Spread Account
Account Name
FIBO Group
MT4 Fixed
HYCM
Fixed
Min Deposit
FIBO Group
$50
HYCM
$100
Lot Size
FIBO Group
0.01
HYCM
0.01
Spread Type
FIBO Group
Fixed
HYCM
Fixed
Execution
FIBO Group
Instant
HYCM
Market
Min Spread
FIBO Group
2
HYCM
1.5
Fee
FIBO Group
No
HYCM
No
Max Leverage
FIBO Group
1:200
HYCM
1:5000
Stop Out
FIBO Group
20%
HYCM
50%
Margin Call
FIBO Group
80%
HYCM
100%
Cent Account
Account Name
FIBO Group
MT4 Cent
HYCM
Min Deposit
FIBO Group
$1
HYCM
Lot Size
FIBO Group
0.01
HYCM
Spread Type
FIBO Group
Floating
HYCM
Execution
FIBO Group
Market
HYCM
Min Spread
FIBO Group
0.6
HYCM
Fee
FIBO Group
No
HYCM
Max Leverage
FIBO Group
1:3000
HYCM
Stop Out
FIBO Group
20%
HYCM
Margin Call
FIBO Group
80%
HYCM
Crypto Account
Account Name
FIBO Group
MT4 NDD No Commission
HYCM
Min Deposit
FIBO Group
$50
HYCM
Lot Size
FIBO Group
0.01
HYCM
Spread Type
FIBO Group
Floating
HYCM
Execution
FIBO Group
Market
HYCM
Min Spread
FIBO Group
0.8
HYCM
Fee
FIBO Group
No
HYCM
Max Leverage
FIBO Group
1:400
HYCM
Stop Out
FIBO Group
50%
HYCM
Margin Call
FIBO Group
80%
HYCM
Additional Features
Demo Account
FIBO Group
HYCM
VIP Account
FIBO Group
HYCM
Swap-Free Account
FIBO Group
HYCM
Copy Trading
FIBO Group
HYCM
VPS
FIBO Group
HYCM
PAMM/MAM Accounts
FIBO Group
HYCM

Funding and Fees

Base currencies
FIBO Group
USD, EUR, GLD, BTC, ETH
HYCM
USD, EUR, GBP, AED
Deposit and withdrawal methods
FIBO Group
Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP)
HYCM
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin)
Inactivity fee
FIBO Group
Monthly charge of up to $5
HYCM
Interest on margin
FIBO Group
HYCM
Withdrawal fee
FIBO Group
Variable by payment method
HYCM

Trading Platforms and Conditions

Trading Platforms
FIBO Group
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
HYCM
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
FIBO Group
10 ms
HYCM
12 ms
Scalping
FIBO Group
HYCM
Expert Advisors (EAs)
FIBO Group
HYCM
Depth of Market (DOM)
FIBO Group
HYCM
Spread
FIBO Group
low
HYCM
average

Trading Assets

Currencies
FIBO Group
48
HYCM
72
Indices
FIBO Group
8
HYCM
27
Stocks
FIBO Group
0
HYCM
1080
Cryptocurrencies
FIBO Group
13
HYCM
28
Bonds
FIBO Group
0
HYCM
0
Metals
FIBO Group
5
HYCM
5
Energies
FIBO Group
4
HYCM
3
Soft Commodities
FIBO Group
4
HYCM
4
ETFs
FIBO Group
0
HYCM
0

Education and Analytics

Economic Calendar
FIBO Group
HYCM
Indicators
FIBO Group
HYCM
Robots
FIBO Group
HYCM
Signals
FIBO Group
HYCM
Autochartist
FIBO Group
HYCM
Expert Analytics
FIBO Group
HYCM
News Feed
FIBO Group
HYCM
Education Articles
FIBO Group
HYCM
Webinars
FIBO Group
HYCM
Seminars
FIBO Group
HYCM

Customer Support

Phone
Telegram
FIBO Group
HYCM
Facebook
FIBO Group
LinkedIn
FIBO Group
YouTube
FIBO Group
Instagram
FIBO Group
Twitter
FIBO Group

Which Broker is Better?

After comparing FIBO Group 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.

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Andriy Bondarenko

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.