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HYCM , VPFX Broker Comparison

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

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

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

7.2

Regulated

Under guarantee

1 Satisfactory Surveys

2 Negative Surveys

2 risk warning

16 user-reported exposures

20+ years

FCA

Bank transfer,VISA,MASTER,crypto

RAW,CLASSIC,FIXED

$20

1:500

From 0.1

0.00

Variable

0.01

2.3

Not Regulated

Under guarantee

1 Negative Surveys

2 risk warning

5-10 years

fasapay,Skrill,Neteller,VISA,MASTER,Wire Transfer

ELITE,VIP,STANDARD

$25000/Equivalent

1:200

FROM 0.0

20.00

HYCM 、 VPFX 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 vpfx 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
Founded	2006-11-20
Registered Country/Region	United Kingdom
Regulation	Regulated
Market Instruments	CDFs(on Forex/Commodities/Stocks/Cryptos/Indices)
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.1 pips
Trading Platform	HYCM Trader/MT4/MT5(Web/Windows/Mobile(Android/iOS))
Min Deposit	$20
Customer Support	Phone: +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.

Pros and Cons

Pros	Cons
MT4/MT5 available	High max leverage
24/5 customer support	Negative 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).

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	❌

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	Fixed	Classic	Raw
Spreads from	1.5 pips	1.2 pips	0.1 pips
Min. deposit	20 USD	20 USD	20 USD
Min. Volume per trade	0.01	0.01	0.01
Swap free (Islamic)	Yes	Yes	Yes
Commission	Free	Free	S0 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 Platform	Supported	Available Devices	Suitable for
HYCM Trader	✔	Android/iOS	-
MT4	✔	Web/Windows/Mobile(Android/iOS)	Junior traders
MT5	✔	Web/Windows/Mobile(Android/iOS)	Experienced traders

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	Processing	Fees
Shutterstock	US $20	1 to 7 working days	$0
Visa/Mastercard	US $20	Up to 1 hour	$0
Neteller	US $20	Up to 1 hour	$0
Skrill	US $20	Up to 1 hour	$0
Crypto	US $20	Up to 1 hour	$0
AstroPay	US $20	Up to 1 hour	$0
WebMoney	US $20	Up to 1 hour	$0
PayTrust	US $20	Up to 1 hour	$0
Fasapay	US $20	Up to 1 hour	$0
Zotapay	US $20	Up to 1 hour	$0
Lipi	US $20	Up to 1 hour	$0

Method (Withdrawals)	Minimum	Processing	Fees
Shutterstock	US $300	1 to 4 working days	$0
Visa/Mastercard	US $20	1 to 7 working days	$0
Neteller	US $20	Up to 24 hours	$0
Skrill	US $20	Up to 24 hours	$0
Crypto	US $20	Up to 24 hours	$0
AstroPay	US $20	Up to 24 hours	$0
WebMoney	US $20	Up to 24 hours	$0
PayTrust	US $20	Up to 24 hours	$0
Fasapay	US $20	Up to 24 hours	$0
Zotapay	US $20	Up to 24 hours	$0
Lipi	US $20	Up to 24 hours	$0

vpfx

VPFX Review Summary
Founded	2020
Registered Country/Region	Malaysia
Regulation	LFSA
Market Instruments	Forex, precious metals, energies, indices, shares
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 1.2 pips (Standard account)
Trading Platform	MT5
Min Deposit	$100
Customer Support	24/5 live chat
LABUAN, MALAYSIA Customer Support	Tel: +60154 600 0110
	Email: customerservice@vpfx.net
	Company address: Kensington Gardens, No U1317, Lot 7616, Jalan Jumidar Buyong, 87000 Labuan F.T, Malaysia
DUBAI, U.A.ECustomer Support	Tel: +971 4325 1188
	Email: customerservice@vpfx.net
	Company address: 3101, Latifa Tower Trade Centre First, Dubai, United Arab Emirates
Regional Restrictions	Afghanistan, Cote dIvoire, Cuba, Iran, Libya, Myanmar, North Korea, Sudan, Puerto Rico, USA, Syria, and Yemen

Founded in 2020, VPFX is a Malaysian broker trading with forex, precious metals, energies, indices, and shares. The leverage is up to 1:1000, the minimum deposit is $100, and the spread is as low as 0.0 pips. Investors can trade on MT5 and register a demo account to practice. VPFX offers 24/5 live support.