Choose CentFX if you want…
Beginners wanting to trade tiny live positions via cent accounts.
CentFX
⭐ 3.1 / 5
VS
HYCM
⭐ 4.3 / 5
CentFX vs HYCM — which broker is better in 2026?
We compared CentFX and HYCM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. HYCM wins on more criteria (3 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| CentFX | HYCM | Winner | |
|---|---|---|---|
| Rating | ⭐ 3.1 / 5 | ⭐ 4.3 / 5 | HYCM |
| Regulators | FSC Mauritius | FCA, CySEC, DFSA, CIMA Cayman | HYCM |
| Min. deposit | $10 | $100 | CentFX |
| Spreads from | 0.2 pips | 0.2 pips (Raw) / 1.2 pips (Classic) | Tie |
| Max. leverage | 1:1000 | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5 | MT4, MT5, HYCM Trader | HYCM |
| Founded | 2021 | 1977 | — |
| HQ | Port Louis, Mauritius | London, UK / Limassol, Cyprus | — |
Pros & cons compared
CentFX pros
- ✓ Cent accounts ideal for micro-position testing
- ✓ Very low $10 minimum deposit
- ✓ High offshore leverage up to 1:1000
- ✓ Both MT4 and MT5 supported
Cons
- ✗ Offshore-only regulation (FSC Mauritius)
- ✗ New brand established in 2021
- ✗ Limited track record, education and research
HYCM pros
- ✓ Founded 1977 — among the oldest retail FX brokers globally
- ✓ FCA + CySEC + DFSA + CIMA tier-1 + tier-2 regulation
- ✓ Part of Henyep Group — diversified $1bn+ financial conglomerate
- ✓ Strong MENA + EU presence with Arabic support
- ✓ Raw account: 0.2 pips + $4/lot round-turn
Cons
- ✗ Smaller scale than Exness / XM / Pepperstone
- ✗ Classic account spreads (1.2+ pips) wider than ECN brokers
- ✗ Limited cTrader option — MT4/MT5 only
Which one should you choose?
Choose HYCM if you want…
MENA + EU traders wanting an established multi-jurisdictional broker with Henyep Group balance-sheet backing.
Frequently asked questions
Which is better — CentFX or HYCM?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), HYCM wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is CentFX more regulated than HYCM?
CentFX holds licenses from: FSC Mauritius. HYCM holds licenses from: FCA, CySEC, DFSA, CIMA Cayman. HYCM has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at CentFX vs HYCM?
CentFX spreads start from 0.2 pips. HYCM spreads start from 0.2 pips (Raw) / 1.2 pips (Classic). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, CentFX or HYCM?
CentFX: $10. HYCM: $100. CentFX has the lower entry barrier.
