AvaTrade vs HYCM 2026: which is better?
We compared AvaTrade and HYCM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- AvaTrade holds 4 licences from strong regulators, against 2 for HYCM.
- AvaTrade offers copy trading; HYCM does not.
- The minimum deposit at HYCM is $20, against $100 at AvaTrade.
Comparison table
| Comparison table |
AvaTrade
Broker
|
HYCM
Broker
|
|---|---|---|
| Licences | ASIC, CBI, JFSA, FSRA, CySEC, FSCA, CMA (KE), ISA, SFC (CO), FSC (VG) Best | FCA, DFSA |
| Minimum deposit | $100 | $20 Best |
| Maximum leverage | 1:400 | 1:500 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, AvaTrade App, AvaOptions, AvaSocial, DupliTrade | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, HYCM Trader |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | — |
| Founded | 2006 | — |
| Headquarters | Dublin, Ireland | — |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose AvaTrade if you
- want more licences from strong regulators
- want to copy other traders
Choose HYCM if you
- want to start with less money
Frequently asked questions
Which is better, AvaTrade or HYCM?
We compared AvaTrade and HYCM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. AvaTrade holds 4 licences from strong regulators, against 2 for HYCM. AvaTrade offers copy trading; HYCM does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are AvaTrade and HYCM regulated?
AvaTrade licences: CySEC, ASIC, CBI, FSCA, CMA (KE), FSC (VG), JFSA, FSRA, ISA, SFC (CO). HYCM licences: FCA, DFSA.
What is the minimum deposit at AvaTrade and HYCM?
AvaTrade: $100. HYCM: $20.
Do AvaTrade and HYCM offer an Islamic account?
AvaTrade: Yes. HYCM: Yes.