Choose Eightcap if you want…
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Eightcap
⭐ 4.4 / 5
VS
HYCM
⭐ 4.3 / 5
Eightcap vs HYCM — which broker is better in 2026?
We compared Eightcap and HYCM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Eightcap wins on more criteria (2 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Eightcap | HYCM | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 4.3 / 5 | Eightcap |
| Regulators | ASIC, CySEC, FCA (in setup), SCB Bahamas | FCA, CySEC, DFSA, CIMA Cayman | Tie |
| Min. deposit | $100 | $100 | Tie |
| Spreads from | 0.0 pips (Raw) / 1.0 pip (Standard) | 0.2 pips (Raw) / 1.2 pips (Classic) | Eightcap |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5, TradingView | MT4, MT5, HYCM Trader | Tie |
| Founded | 2009 | 1977 | — |
| HQ | Melbourne, Australia | London, UK / Limassol, Cyprus | — |
Pros & cons compared
Eightcap pros
- ✓ ASIC + CySEC dual tier-1 regulation
- ✓ Raw account: 0.0 pips + $3.50/lot/side commission
- ✓ Native TradingView integration — trade directly from TradingView charts
- ✓ 1,000+ instruments including 250+ crypto CFDs (one of broadest crypto suites)
- ✓ Same-day withdrawals on most methods
Cons
- ✗ $100 minimum deposit higher than budget brokers
- ✗ Smaller brand recognition vs. Pepperstone / Pepperstone
- ✗ Limited proprietary platform — third-party only
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 — Eightcap or HYCM?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Eightcap wins 2 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is Eightcap more regulated than HYCM?
Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. HYCM holds licenses from: FCA, CySEC, DFSA, CIMA Cayman. Both brokers have the same number of regulatory licenses; the specific regulators differ.
What are the spreads at Eightcap vs HYCM?
Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). 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, Eightcap or HYCM?
Eightcap: $100. HYCM: $100. Both require the same minimum.
