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HYCM , GMO CLICK Broker Comparison

Do you want to know which is the better broker between HYCM and GMO CLICK ?

In the table below, you can compare the features of HYCM , GMO CLICK side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
HYCM
7.2
Regulated
Under guarantee
20+ years
FCA
Bank transfer,VISA,MASTER,crypto
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
RAW,CLASSIC,FIXED
--
$20
1:500
From 0.1
0.00
Variable
0.01
--
GMO CLICK
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
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HYCM BrokerRelated News

HYCM BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do hycm and gmo-click have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

hycm
HYCMReview Summary
Founded2006-11-20
Registered Country/RegionUnited Kingdom
RegulationRegulated
Market InstrumentsCDFs(on Forex/Commodities/Stocks/Cryptos/Indices)
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.1 pips
Trading PlatformHYCM Trader/MT4/MT5(Web/Windows/Mobile(Android/iOS))
Min Deposit$20
Customer SupportPhone: +442088167812
Email: support@hycm.com
Email: accounts@hycm.com
Email: info@hycm.com
Email: complaints@hycm.com
Facebook/Twitter/LinkedIn/Instagram/YouTube/Crunchbase/Discord
Live chat

HYCM Information

HYCM is a broker. The tradable instruments include CDFs on forex, commodities, stocks, cryptos, and indices. The broker also provides three accounts with a maximum leverage of 1:1000. The minimum spread is from 0.1 pips and the minimum deposit is $20.

HYCM Information

Pros and Cons

Pros Cons
MT4/MT5 availableHigh max leverage
24/5 customer supportNegative comments about difficulty in withdrawal
Regulated
Spread from 0.1 pips
Demo account available
Various tradable instruments

Is HYCM Legit?

HYCM is regulated by FCA with license number 186171, which is much safer than unregulated brokers. The license type is Market Making(MM).

Is HYCM Legit?
Is HYCM Legit?

What Can I Trade on HYCM?

HYCM offers a wide range of market instruments, including CDFs on forex, commodities, stocks, cryptos, and indices.

Tradable Instruments Supported
Forex CDFs
Commodities CDFs
Stocks CDFs
Cryptos CDFs
Indices CDFs
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on HYCM?

Account Type

HYCM has three account types: fixed, classic, and raw. Traders who want low spreads can choose a raw account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Islamic users are allowed to open Islamic accounts with no swap fees.

Account Type FixedClassicRaw
Spreads from1.5 pips1.2 pips0.1 pips
Min. deposit20 USD20 USD20 USD
Min. Volume per trade0.010.010.01
Swap free (Islamic)YesYesYes
CommissionFreeFreeS0 to $5 per round

HYCM Fees

The spread starts at 0.1 pips, the swap is free, and the commission starts at 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

HYCM cooperates with the authoritative MT4 and MT5 trading platform and a propriety trading platform available on the Web, Windows, and Mobile(Android/iOS) to trade. Junior traders prefer MT4 over MT5. Traders with rich experience are more suitable for using MT5. MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
HYCM TraderAndroid/iOS-
MT4Web/Windows/Mobile(Android/iOS)Junior traders
MT5Web/Windows/Mobile(Android/iOS)Experienced traders
Trading Platform
Trading Platform
Trading Platform
Trading Platform

Deposit and Withdrawal

The minimum deposit is $20. HYCM accepts Shutterstock, Visa, Mastercard, Neteller, Skrill, Crypto, AstroPay, WebMoney, PayTrust, Fasapay, Zotapay, and Lipi for deposit and withdrawal. The deposit processing times are up to 1 hour and 1 to 7 working days and associated fees are $0. The withdrawal processing times are up to 24 hours and 1 to 7 working days and associated fees are $0.

Method (Deposits)Minimum ProcessingFees
ShutterstockUS $201 to 7 working days$0
Visa/MastercardUS $20Up to 1 hour$0
NetellerUS $20Up to 1 hour$0
SkrillUS $20Up to 1 hour$0
CryptoUS $20Up to 1 hour$0
AstroPayUS $20Up to 1 hour$0
WebMoneyUS $20Up to 1 hour$0
PayTrustUS $20Up to 1 hour$0
FasapayUS $20Up to 1 hour$0
ZotapayUS $20Up to 1 hour$0
LipiUS $20Up to 1 hour$0
Method (Withdrawals)Minimum ProcessingFees
ShutterstockUS $3001 to 4 working days$0
Visa/MastercardUS $201 to 7 working days$0
NetellerUS $20Up to 24 hours$0
SkrillUS $20Up to 24 hours$0
CryptoUS $20Up to 24 hours$0
AstroPayUS $20Up to 24 hours$0
WebMoneyUS $20Up to 24 hours$0
PayTrustUS $20Up to 24 hours$0
FasapayUS $20Up to 24 hours$0
ZotapayUS $20Up to 24 hours$0
LipiUS $20Up to 24 hours$0

gmo-click
GMO CLICK Review Summary
Founded2005
Registered CountryJapan
RegulationFSA
Trading ProductsStocks, investment trusts, forex, CFDs, stock indexes, bonds
Demo Account/
Leverage/
Spread/
Trading Platform13 platforms (GMO Click FX, Hatchu-kun FX Plus, PLATINUM CHART, etc.)
Minimum Deposit/
Customer SupportLandline: 0120-727-930
Mobile: 03-6221-0190

GMO CLICK Information

Founded in 2005, GMO Click Securities is a licensed and controlled financial services firm under Japan's FSA. Among its many investing options are FX, equities, CFDs, and tax-advantaged NISA accounts. The firm runs several trading systems designed for anyone from novices to experienced traders.

GMO CLICK Information

Pros and Cons

ProsCons
Regulated by Japan FSASome platform details scattered
Very low trading fees, especially for FX and CFDsForeign currency withdrawal fee applies
Free account management & no inactivity fee
Long operation time
Various trading platforms

Is GMO CLICK Legit?

Yes, GMO CLICK is a legal, regulated financial institution. It is authorized by the Financial Services Agency (FSA) of Japan with a Retail Forex License, under license number 関東財務局長(金商)第77号, effective since September 30, 2007.

license

What Can I Trade on GMO CLICK?

Among its many investment and trading tools, GMO Click Securities provides stocks, FX, options, CFDs, bonds, and others. Its products are suited for ordinary investors as well as those looking for modest accounts with tax benefits.

Trading InstrumentsSupported
Stocks
Investment Trusts
Forex
CFDs
Stock Indexes
Bonds
Options
ETFs

Products and Services

GMO CLICK Fees

GMO Click is known for offering some of the lowest fees in the industry, especially for FX, CFD, and stock trading, with zero commissions on many products and tight spreads.

Trading ProductFees
Spot StockDaily Flat Plan: ¥0 (up to ¥1M/day), then scaled
Per Trade Plan: From ¥50
Margin StockFlat Plan: ¥0 (up to ¥1M), then scaled
Per Trade Plan: From ¥97
FX Neo0, spreads apply
Forex Options0
Click3650 for standard contracts; ¥770–990/ticket for Click365 Large
CFD0
Stock Index Binary Options0
Bonds0
GMO CLICK Fees

Swap Rates

TypeAnnual Rate
Buyer's Interest (General)2.00%
Seller's Interest0.00%
Stock Lending Fee (General Credit - Short Term)3.85%
VIP Plan (Institutional Buyer)1.80%

Non-Trading Fees

Fee TypeAmount
Deposit Fee0 (Instant deposits); ATM/bank fees apply
Withdrawal Fee0 (JPY) ¥1,500 for FX foreign currency withdrawals
Inactivity Fee0
Call Center Order Fee0.11% of trade amount (min ¥3,520, max ¥220,000)
Fractional Share Sales2.2% of contract price
Odd Lot Purchase Fee¥1,100/brand
Account Management Fees0
Document Issuance Fee¥1,100 (reports, personal data, etc.)

Trading Platform

Platform/AppSupportedAvailable DevicesSuitable for
GMO Click FXiPhone / Android / Apple WatchFX traders (all levels)
Hatchu-kun FX PlusWindowsFX traders needing advanced functions
PLATINUM CHARTWindows / MacFX & CFD technical chart users
FX Watch!Wear OSFX alerts on smartwatches
GMO Click CFDiPhone / Android / Apple WatchCFD traders
Hatchu-kun CFDWindows / MacCFD traders needing PC-based tools
GMO Click StockiPhone / AndroidStock traders (mobile access)
GMO Click Stocks for iPadiPad / MacStock traders preferring tablets
Super Hatchu-kunWindowsStock traders requiring desktop trading
iClick ForexiPhone / AndroidFX beginners or on-the-go traders
GMO Click Stock BOiPhone / AndroidStock Binary Options traders
iClickFX365iPhoneFX365 traders (mobile)
FXroid365AndroidFX365 traders (mobile)
Trading Platform

Do hycm and gmo-click have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive hycm and gmo-click are, we first considered common fees for standard accounts. On hycm, the average spread for the EUR/USD currency pair is From 0.1 pips, while on gmo-click the spread is --.

Which broker between hycm, gmo-click is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

hycm is regulated by FCA. gmo-click is regulated by FSA.

Which broker between hycm, gmo-click provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

hycm provides the RAW,CLASSIC,FIXED platform with products like --; gmo-click offers the -- platform featuring assets including --.

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