HYCM vs Swissquote 2026: which is better?
We compared HYCM and Swissquote 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 $1,000 at Swissquote.
- HYCM offers a swap-free Islamic account; Swissquote does not.
- HYCM offers Web Trader, which Swissquote does not.
- Swissquote holds 6 licences from strong regulators, against 2 for HYCM.
Comparison table
| Comparison table |
HYCM
Broker
|
Swissquote
Broker
|
|---|---|---|
| Licences | FCA, DFSA | FCA, DFSA, SFC, MAS, FINMA, CSSF, CySEC, FSCA, MFSA Best |
| Minimum deposit | $20 Best | $1,000 |
| Maximum leverage | 1:500 | 1:100 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, HYCM Trader | MetaTrader 4, MetaTrader 5, CFXD, Mobile App |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Founded | — | 1996 |
| Headquarters | — | Gland, Switzerland |
| 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
- need a swap-free Islamic account
- use Web Trader
Choose Swissquote if you
- want more licences from strong regulators
Frequently asked questions
Which is better, HYCM or Swissquote?
We compared HYCM and Swissquote 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 $1,000 at Swissquote. HYCM offers a swap-free Islamic account; Swissquote does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are HYCM and Swissquote regulated?
HYCM licences: FCA, DFSA. Swissquote licences: FCA, CySEC, DFSA, SFC, MAS, FSCA, FINMA, CSSF, MFSA.
What is the minimum deposit at HYCM and Swissquote?
HYCM: $20. Swissquote: $1,000.
Do HYCM and Swissquote offer an Islamic account?
HYCM: Yes. Swissquote: No.