HYCM vs. Plus500

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Jan 2024

Plus500

$100 min. deposit

1:30 (CySEC & ASIC), 1:300 (FSA) leverage

Your capital is at risk.

Updated Dec 2023

  • Overall
    4.2 / 5
  • Markets
    5.0 / 5
  • Trading environment
    3.8 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.0 / 5
  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Open a trading account in USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fees apply after 90 days.
  • Copy trading isn't possible.
  • Overall
    4.1 / 5
  • Markets
    4.8 / 5
  • Trading environment
    2.5 / 5
  • Deposits and withdrawals
    4.7 / 5
  • Investor protection
    4.8 / 5
  • Customer service
    3.7 / 5
  • Likes
  • CFDs on over 2,000 instruments including US and international stocks.
  • Advanced charting tools.
  • Market sentiment tools.
  • Dislikes
  • No support for MetaTrader 4, 5 or cTrader.
  • No support for automated trading.
  • No PAMM accounts.

Easily navigate this review:

Markets
Asset classes (#)Visit HYCM Visit Plus500
Forex (CFD)6771
Cryptos (CFD)*288
Stocks (CFD)1511,729
Stocks1080
Indices (CFD)2730
ETFs (CFD)95
Metals (CFD)136
Energy (CFD)35
Commodities (CFD)411

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit HYCM Visit Plus500
MT4
MT5
Other platformsPlus500
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit HYCM Visit Plus500
Bank transfer
Debit card
Credit card
NETELLER *
PayPal
Skrill *
WebMoney
2c2p
Account base currenciesVisit HYCM Visit Plus500
AED
EUR
GBP
USD
Investor protection
Regulated entitiesVisit HYCM Visit Plus500
Australia
Cayman Islands
Cyprus (EU)
Estonia
New Zealand
Seychelles
South Africa
St. Vincent & the Grenadines
Singapore
UAE
UK
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money
Plus500

Visit Plus500 ▷

Your capital is at risk.