HYCM vs MultiBank Group 2026: which is better?
We compared HYCM and MultiBank Group on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- The minimum deposit at HYCM is $20, against $50 at MultiBank Group.
- MultiBank Group holds 3 licences from strong regulators, against 2 for HYCM.
- MultiBank Group offers copy trading; HYCM does not.
Comparison table
| Comparison table |
HYCM
Broker
|
MultiBank Group
Broker
|
|---|---|---|
| Licences | FCA, DFSA | ASIC, MAS, BaFin, CySEC, CMA, FMA (AT), FSA, FSC (VG), VFSC, CIMA, FSC (MU) Best |
| Minimum deposit | $20 Best | $50 |
| Maximum leverage | 1:500 | 1:1000 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, HYCM Trader | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, MB Trader |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices |
| Islamic account | ✓ Yes | ✓ Yes |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | — | ✓ Yes |
| Founded | — | 2005 |
| Headquarters | — | United Arab Emirates |
| 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 HYCM if you
- want to start with less money
Choose MultiBank Group if you
- want more licences from strong regulators
- want to copy other traders
Frequently asked questions
Which is better, HYCM or MultiBank Group?
We compared HYCM and MultiBank Group on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. The minimum deposit at HYCM is $20, against $50 at MultiBank Group. MultiBank Group holds 3 licences from strong regulators, against 2 for HYCM. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are HYCM and MultiBank Group regulated?
HYCM licences: FCA, DFSA. MultiBank Group licences: CySEC, ASIC, FSA, MAS, CMA, FSC (VG), VFSC, BaFin, CIMA, FSC (MU), FMA (AT).
What is the minimum deposit at HYCM and MultiBank Group?
HYCM: $20. MultiBank Group: $50.
Do HYCM and MultiBank Group offer an Islamic account?
HYCM: Yes. MultiBank Group: Yes.