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HYCM , ONE FINANCIAL MARKETS Broker Comparison

Do you want to know which is the better broker between HYCM and ONE FINANCIAL MARKETS ?

In the table below, you can compare the features of HYCM , ONE FINANCIAL MARKETS 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
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--
--
--
--
--
--
--
--
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RAW,CLASSIC,FIXED
--
$20
1:500
From 0.1
0.00
Variable
0.01
--
ONE FINANCIAL MARKETS
2.49
Not Regulated
Under guarantee
5-10 years
FSCA,FCA,SFC
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--
--
--
--
--
--
--
--
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HYCM 、 ONE FINANCIAL MARKETS BrokerRelated News

HYCM 、 ONE FINANCIAL MARKETS 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 one-financial-markets 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

one-financial-markets
One Financial MarketsReview Summary
Registered On2010-02-03
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone
Market InstrumentsForex, Commodities, Bullion, Cryptocurrencies, Indices, Shares, and Energy
Demo Account
LeverageUp to 1:400
SpreadFrom 1 pips (Typical, EUR/USD)
Trading PlatformMT4 (Web, Desktop, iPad, iPhone, and Android), MT5 (Desktop, Android, iPhone, and iPad)
Min Deposit$250 (Standard)
Customer SupportT: + 44 ( 0 ) 203 857 2000
E: info@ofmarkets.com
WhatsApp: +61448088246
Facebook, Twitter, YouTube
1 Finsbury Market, London EC2A 2BN, United Kingdom

One Financial Markets Information

One Financial Markets is an online broker that offers CFD (Contract for Difference) trading in forex, stocks, indices, commodities, and cryptocurrencies. The company provides Standard and Professional accounts with leverage up to 1:30 and 1:400, respectively. Trading is conducted via the MT4/MT5 platforms. Spreads are as low as 1 pip (for EUR/USD). The firm also offers demo accounts and 24/7 customer support.

One Financial Markets

Pros and Cons

Pros Cons
RegulatedSuspicious Clone
24/7 customer supportNot zero spread
MT4/MT5 available
Various payment methods
Demo account available

Is One Financial Markets Legit?

All regulations of One Financial Markets are in a cloned state, and the cloned regulatory licenses involve the FCA, SFC, DFSA, and FSCA.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
regulatory
FCAAxi Financial Services (UK) LimitedMarket Maker (MM)466201Suspicious Clone
regulatory
SFCOne Financial Markets Asia LimitedLeveraged foreign exchange tradingBFZ621Suspicious Clone
regulatory
DFSAOne Financial Markets (DIFC) LimitedRetail Forex LicenseF003943Suspicious Clone
regulatory
FSCAFinancial Service CorporateAXI FINANCIAL SERVICES (UK) LTD45784Suspicious Clone

What Can I Trade on One Financial Markets?

One Financial Markets offers various market instruments, including Forex, Bullion, Indices, Commodities, Energy, Cryptocurrencies, and Shares.

Tradable Instruments Supported
Forex
Commodities
Bullion
Cryptocurrencies
Indices
Shares
Energy
Bonds
Mutual Funds
instruments

Account Type

One Financial Markets offers standard and professional accounts with different account opening thresholds. Additionally, the broker claims that the Standard account provides negative balance protection.

Account Type StandardProfessional
Minimum opening balance$250$1000
Liquidation level50%20%
Leverageup to 1:30 (3%)up to 1:400 (0.25%)
E.g., Margin Requirement (based on 1 lot of EURUSD (100,000) @ 1.1600$3862.80$290
Negative balance protectionYesNo
Platform(s) availableMT4 / MT5MT4 / MT5

One Financial Markets Fees

One Financial Markets offers an average spread of 1.2 pips and a typical spread of 1 pip (EUR/USD).

Leverage

The Standard Account of One Financial Markets offers a maximum leverage of 1:30, while the Professional Account provides a leverage as high as 1:400.

Trading Platform

One Financial Markets provides online foreign exchange trading through the ONE | MT4 and ONE | MT5 platforms. Traders can trade all asset classes on a single platform, which can be downloaded to their desktops or accessed anytime, anywhere via applications compatible with iPhone, iPad, and Android. The ONE | MT4 platform also supports web-based operations.

Trading PlatformSupported Available Devices Suitable for
MT4Web, Desktop, iPad, iPhone, and AndroidBeginners
MT5Desktop, Android, iPhone, and iPadExperienced Traders
MT4
MT4

Deposit and Withdrawal

Currencies AcceptedMinimum Deposit AmountDeposit ChargesTransfer TimeMinimum Withdrawal AmountWithdrawal ChargesTransfer Time
UK Bank transfersGBPNo MinimumRemitting bank charges only1 to 3 working days£30£1 (next day payment)£20 (same day payment)Next daySame day
International SWIFT bank wire transferJODUSD/GBP/EUR/AED/HKD/JOD/KWD/SGD/ZARNo MinimumRemitting bank charges only2 to 5 working days$50 (or equivalent)$252 to 5 working days+
Credit/debit card(within portal)USD GBP EUR$50, €35 or £300%Immediately$50, €35 or £300%3 to 5 working days
Credit/debit card(outside portal)USD GBP EUR$50, €35 or £300%Within 15 minutes++$50, €35 or £300%Up to 10 days
NetellerOutside the UK and EEA onlyUSD$50No additional chargeImmediately$50No additional chargeSame day
SkrillOutside the UK and EEA onlyUSD$50No additional chargeImmediately$50No additional chargeSame day

Do hycm and one-financial-markets 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 one-financial-markets 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 one-financial-markets the spread is --.

Which broker between hycm, one-financial-markets 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. one-financial-markets is regulated by FSCA,FCA,SFC.

Which broker between hycm, one-financial-markets 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 --; one-financial-markets offers the -- platform featuring assets including --.

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