Online brokers compared for fees, trading platforms, safety and more. See how HYCM stacks up against Passfolio!
Last update of data—Dec 2022
HYCM is a global forex and CFD broker regulated by many financial authorities globally, including the top-tier FCA.
Passfolio is a US-based commission-free stockbroker focusing on Brazil. It is regulated by both FINRA and SEC, and is available globally for clients.
Recommended for forex and CFD traders who prefer the MetaTrader platform.
Recommended for beginners and long-term investors focusing on the US stock market.
HYCM
HYCM is a global forex and CFD broker regulated by many financial authorities globally, including the top-tier FCA.
Recommended for forex and CFD traders who prefer the MetaTrader platform.
Passfolio
Passfolio is a US-based commission-free stockbroker focusing on Brazil. It is regulated by both FINRA and SEC, and is available globally for clients.
Recommended for beginners and long-term investors focusing on the US stock market.
HYCM's service is on par with Passfolio's and a comparison of their fees shows that HYCM's fees are similar to Passfolio's.
Account opening takes about the same effort at HYCM compared to Passfolio, deposit and withdrawal processes are more seamless at HYCM, while customer service quality is somewhat lower than Passfolio's.
Our experts rated the trading platform of HYCM as somewhat worse than the platform of Passfolio, found that clients have access to about the same number of markets and products with HYCM, while Passfolio provides less useful research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokers displayed might not be available in United States.