Choose FxPro if you want…
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
FxPro
⭐ 4.5 / 5
VS
HYCM
⭐ 4.3 / 5
FxPro vs HYCM — which broker is better in 2026?
We compared FxPro and HYCM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. FxPro wins on more criteria (2 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| FxPro | HYCM | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.3 / 5 | FxPro |
| Regulators | CySEC, FCA, FSCA, SCB | FCA, CySEC, DFSA, CIMA Cayman | Tie |
| Min. deposit | $100 | $100 | Tie |
| Spreads from | 0.3 pips (cTrader Raw) | 0.2 pips (Raw) / 1.2 pips (Classic) | HYCM |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5, cTrader, FxPro Edge | MT4, MT5, HYCM Trader | FxPro |
| Founded | 2006 | 1977 | — |
| HQ | Limassol, Cyprus | London, UK / Limassol, Cyprus | — |
Pros & cons compared
FxPro pros
- ✓ Multi-platform: MT4, MT5, cTrader and proprietary FxPro Edge
- ✓ Tier-1 regulation under CySEC and FCA
- ✓ No-Dealing-Desk execution model — no requotes
- ✓ Cyprus-headquartered with strong EU + MENA presence
- ✓ Negative balance protection across all entities
Cons
- ✗ Higher minimum deposit ($100) than budget brokers
- ✗ EU leverage capped at 1:30 for retail clients (ESMA rules)
- ✗ Inactivity fee after 6 months of dormancy
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 — FxPro or HYCM?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), FxPro wins 2 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is FxPro more regulated than HYCM?
FxPro holds licenses from: CySEC, FCA, FSCA, SCB. 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 FxPro vs HYCM?
FxPro spreads start from 0.3 pips (cTrader Raw). 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, FxPro or HYCM?
FxPro: $100. HYCM: $100. Both require the same minimum.
