Compare HYCM vs Passfolio

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

HYCM vs Passfolio
open account	Open account 72% of retail CFD accounts lose money	Open account
overall rating	4.3	4.1
overall pros	Low forex and CFD fees Great educational content User-friendly account opening	Free US stock and ETF trading Great mobile platform Fast and fully digital account opening
overall cons	Only forex and CFD products Trading platforms have outdated design Inactivity fee	Limited product portfolio focusing on US markets Deposit is not user-friendly Missing web and desktop platforms
fees	3.9 Low forex fees Low CFD fees Inactivity fee	5.0 Free stock and ETF trading for products priced above $5 No account opening and maintenance fees
account opening	5.0 Fast Fully digital Low minimum deposit	5.0 Fully digital No minimum deposit Verification in 15 minutes Verification can be buggy on desktop
deposit and withdrawal	4.5 Credit/Debit card available Free withdrawal No deposit fee Average account currency selection	1.5 No deposit fee Credit/Debit card not available Only one account base currency Not user-friendly
web trading platform	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	4.2 User-friendly Two-step (safer) login Good search function Limited order types No price alerts
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	2.0 Forex CFD Crypto	2.0 Stock ETF Crypto
research	3.5 Trading ideas User-friendly Economic calendar Limited interactive charting Very low quality newsfeed	1.5 User-friendly Limited interactive charting No trading ideas No fundamental data available
customer service	3.4 Phone support Live chat Fast response time No 24/7 support Mediocre email support	3.5 Relevant answers Fast email support No 24/7 support Couldn't reach phone support on multiple occasions
education	4.5 Demo account Trading platform tutorial Educational videos Videos miss tags or categorization	2.5 Quality educational texts No demo account No trading platform tutorial videos
safety	Negative balance protection Not listed on stock exchange Financial information is not publicly available No investor protection outside the EU&UK	Majority of clients belong to a top-tier financial authority High level of investor protection Does not hold a banking license Not listed on stock exchange Financial information is not publicly available
recommended for	Forex and CFD traders who prefer the MetaTrader platform	Beginners and long-term investors focusing on the US stock market

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