Online brokers compared for fees, trading platforms, safety and more. See how HYCM stacks up against XM!
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.
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders who prefer the MetaTrader platform.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
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.
XM
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
HYCM's service is on par with XM's and a comparison of their fees shows that HYCM's fees are similar to XM's.
Account opening takes about the same effort at HYCM compared to XM, deposit and withdrawal processes are somewhat more complicated at HYCM, while customer service quality is somewhat lower than XM's.
Our experts rated the trading platform of HYCM as being of the same quality as the platform of XM, found that clients have access to about the same number of markets and products with HYCM, while XM provides somewhat better 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.