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HYCM vs CMC Markets

HYCM or CMC Markets – which is better for UK traders 2025? Compare HYCM and CMC Markets in this detailed breakdown of their platforms, features and fees.

HYCM vs CMC Markets Comparison Table 2025
HYCM	CMC Markets

3.8	4.7
HYCM is ranked #62 among CFD brokers.	CMC Markets is ranked #3 among CFD brokers.
Review	Review
HYCM is an online broker regulated by four international authorities, including the FCA and CySEC. It provides short-term CFD opportunities in forex, shares, commodities, indices, ETFs, and Bitcoin. Traders can utilise the MT4 and MT5 platforms, alongside Trading Central analysis.	Founded in 1989, CMC Markets is a reputable broker publicly listed on the London Stock Exchange. It holds authorisation from top-tier regulators such as the FCA, ASIC, and CIRO. The brokerage, which has received multiple awards, boasts a global membership exceeding one million traders.
	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Pros
The modest $20 minimum deposit appeals to beginners. Similarly, the Fixed spread account, which incurs no commissions, is attractive. The trusted regulators, such as the FCA, oversee the broker. MT4 and MT5 connectivity guarantees traders a wide array of technical charting tools. A wide array of free analytical tools is available, with Seasonax notably aiding in pattern analysis. The Raw account offers competitive spreads, beginning at 0.1 pips for EUR/USD. Traders can benefit from fast, fee-free transactions.	The CMC web platform offers an exceptional user experience with sophisticated charting tools for trading and customisable options, suitable for both novice and seasoned traders. It supports MT4 but not MT5, and TradingView will be available from 2025. We've upgraded the 'Assets & Markets' rating due to frequent product enhancements in early 2025. These include extended trading hours for US stocks and the introduction of new share CFDs. CMC provides competitive pricing with narrow spreads and low trading fees, except for stock CFDs. The Alpha and Price+ programmes offer additional benefits for active traders, including discounts on spreads of up to 40%. CMC Markets is well-regulated by respected financial authorities, ensuring a secure and reliable trading environment. It upholds a strong reputation, providing traders with confidence. The brokerage excels with an extensive array of valuable resources, such as pattern recognition scanners, webinars, tutorials, news feeds, and research from reputable sources like Morningstar.
Cons
A limited asset selection, offering over 200 stocks. Market coverage varies considerably across different account types and platforms. The Raw account incurs a substantial $4 commission per transaction.	Although there have been improvements, the online platform still needs further refinement to match the user-friendly trading experience offered by competitors such as IG. CMC provides a robust range of assets; however, it does not support trading actual stocks, and UK clients are unable to trade cryptocurrencies. Trading stock CFDs comes with a relatively high commission, particularly when compared to low-cost brokers such as IC Markets. A monthly inactivity charge of $10 is imposed after a year's inactivity, potentially discouraging occasional traders. The CMC Markets app provides a comprehensive trading package; however, its design and user experience lag behind market leaders such as eToro.
Awards
Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany Best Trading Platform App 2021 - Forex Expo Best Mobile Trading App 2020 - World of Finance Forex Award	Best Trading App 2023 - DayTrading.com No.1 Platform Technology 2022 No.1 New Tool 2022 No.1 Most Currency Pairs 2022 Best Trade Execution 2021 Best Forex Broker For Beginners 2021 Most Transparent Forex Broker Europe 2020 Best Trading Platform 2020 Best Trading App 2019 Best Customer Service 2018
FCA Regulated
Yes	Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$20	$0
Payment Methods
Mastercard Neteller Skrill Visa Wire Transfer	Credit Cards Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, DFSA, CIMA, CySEC	FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
Mobile Apps
iOS & Android	iOS & Android
Trading App
	The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for traders.
iOS App Rating
3	4.1
Android App Rating
3.6	3.7
Margin Trading
Yes	Yes
Margin Rate
Variable upon regulation and jurisdiction	1%
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$10	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP RUB AED	USD EUR GBP CAD AUD NZD SEK NOK SGD PLN
Commodities
Gold Silver Coffee Oil Cotton Copper Palladium Platinum Sugar	Gold Oil Silver Copper Coffee Wheat Precious Metals Natural Gas Soybeans Orange Juice Nickel Palladium Steel Cannabis Platinum Livestock Sugar Gasoline
CFD
HYCM offers traders the opportunity to engage in trading CFDs across various stocks, indices, commodities, and ETFs, all featuring floating spreads. Leverage limits differ depending on the specific instrument. Clients can select from two top-tier trading platforms.	CMC enables trading of CFDs on over 12,000 assets, including currencies, indices, commodities, shares, ETFs, and treasuries. In 2025, new equities will feature sectors like quantum computing, AI learning, and digital car sales. Enjoy competitive spreads without hidden fees, and leverage the renowned MetaTrader 4 platform. Consistently, CMC stands out as a leading CFD broker.
Leverage
1:301:500	1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.5	1 pt
GBPUSD Spread<
0.1	0.9
Oil Spread
2.0	3.5
Stocks Spread
2.2%	0.02
Forex
HYCM provides over 40 forex pairs for trading on the MT4 or MT5 platforms. Leverage is capped at 1:30, compliant with regulatory standards. The Raw account features tight spreads starting at 0.2, while the commission-free Classic account offers spreads from 1.2.	CMC offers a broad selection of over 300 forex pairs, featuring tight spreads and quick execution. This exceeds many competitors in currency variety. Their forex indices provide a distinctive and comprehensive method to speculate on major currencies such as USD, EUR, and GBP.
Assets
40+	300+
GBPUSD Spread
0.4	0.9
EURUSD Spread
0.1	0.7
EURGBP Spread
0.4	1.1
Currency Indices
	USD EUR GBP JPY CAD AUD NZD CHF

HYCM	CMC Markets
Review	Review
	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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