Compare Barclays vs HYCM


Online brokers compared for fees, trading platforms, safety and more. See how Barclays stacks up against HYCM!

Barclays vs HYCM
overall rating
4.3
4.3
overall pros
  • Low fees
  • Solid company background
  • Great fundamental research
  • Low forex and CFD fees
  • Great educational content
  • User-friendly account opening
overall cons
  • Limited to UK products
  • Current bank account is needed for mobile platform
  • Slow customer support
  • Only forex and CFD products
  • Trading platforms have outdated design
  • Inactivity fee
fees
4.3
  • Low stock, ETF, fund, and bond fees
  • No withdrawal fee
  • No inactivity fee
  • Volume-based monthly customer fee
3.9
  • Low forex fees
  • Low CFD fees
  • Inactivity fee
account opening
3.8
  • Fully digital
  • No minimum deposit
  • Slow
  • Account opening only for UK residents
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Missing electronic wallets
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Average account currency selection
web trading platform
3.4
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Available in several languages
  • No two-step (safer) login
  • Poor design
markets and products
1.4
  • Stock
  • ETF
  • Fund
  • Bond
2.0
  • Forex
  • CFD
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
3.5
  • Trading ideas
  • User-friendly
  • Economic calendar
  • Limited interactive charting
  • Very low quality newsfeed
customer service
2.5
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • Slow support
3.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Mediocre email support
education
1.5
  • Educational videos
  • Quality educational articles
  • No demo account
  • No trading platform tutorial videos
  • No webinars
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos miss tags or categorization
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
  • No investor protection outside the EU&UK
recommended for Long-term investors looking for a broker with low fees and solid background Forex and CFD traders who prefer the MetaTrader platform
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