Comparison of FIBO Group and HYCM
| Feature | FIBO Group | HYCM |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 1977 |
| Broker Type | STP, ECN | STP |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | BVIFSC | FCA, CySEC, CIMA, SVGFSA, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⮕ Average |
| Maximum Leverage | 1:3000 | 1:500 |
| Minimum Deposit | $1 | $100 |
| Base Currencies | USD, EUR, GLD, BTC, ETH | USD, EUR, GBP, AED |
| Funding Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin) |
| Inactivity Fee | Monthly charge of up to $5 | ✔ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | Variable by payment method | ✖ |
| Investor Protection | - | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
| Protection Size | - | £85 000 / €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Forex, Commodities, Indices, Cryptocurrencies, CFDs | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | FIBO Group Review | HYCM Review |
About FIBO Group
FIBO Group is an international financial holding founded in 1998. It offers NDD and fixed-spread accounts on MetaTrader 4, MetaTrader 5, and cTrader, with a choice of cent, fixed, NDD (ECN-style) and crypto CFD accounts. Regulated by FSC BVI, it also supports PAMM and Islamic accounts.
Pros
- Over 25 years of experience and global presence (since 1998)
- Multiple NDD account types with spreads from 0 pips
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Offers PAMM & Islamic account options
Cons
- Higher minimum deposits for non‑cent accounts
- Limited direct access to stocks and ETFs
- No negative‑balance protection
About HYCM
HYCM (formerly Henyep Capital Markets) is a multi-asset forex and CFD broker with more than four decades in the industry and a trio of top-tier licences from the FCA (UK), CySEC (EU) and DFSA (UAE). Traders can choose between fixed- or variable-spread accounts on MetaTrader 4 and MetaTrader 5, accessing 1 ,300+ instruments that cover currencies, stocks, indices, commodities and cryptocurrencies. With minimum deposits from just 100 USD, leverage up to 1 : 500 (region-dependent) and a rich catalogue of webinars, e-books and market reports, HYCM appeals to both first-time traders and seasoned professionals looking for tight pricing under a strong regulatory umbrella.
Pros
- Strong regulation from FCA, CySEC and DFSA with segregated client funds
- Choice of Fixed, Classic or Raw accounts-spreads from 0.0 pips on Raw or zero-commission Fixed pricing
- Full support for MT4 and MT5 on desktop, web and mobile
- 1 ,300+ tradeable instruments spanning forex, stocks, indices, commodities and crypto
- Extensive educational suite: weekly webinars, video tutorials and downloadable e-books
- Fast funding and withdrawals via cards, e-wallets and local bank transfers
Cons
- No proprietary platform or integrated copy-trading/social-trading tools
- Raw account carries a commission of 4 USD per lot per side, which may deter micro-lot traders
- High-tier research tools (Trading Central, Autochartist) gated behind larger deposits or higher trading volume
- Cryptocurrency deposits not supported, limiting funding flexibility for some clients
FIBO Group & HYCM Regulation
| Feature | FIBO Group | HYCM |
|---|---|---|
Companies | FIBO Group, Ltd. | HYCM Capital Markets (UK), HYCM (Europe) Ltd, HYCM Ltd, HYCM Capital Markets (DIFC) Limited |
Countries | British Virgin Islands | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
Regulators | BVIFSC | FCA, CySEC, CIMA, SVGFSA, DFSA |
Investor Protection | - | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | - | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
FIBO Group
FIBO Group, Ltd.
HYCM
HYCM Capital Markets (UK), HYCM (Europe) Ltd, HYCM Ltd, HYCM Capital Markets (DIFC) Limited
Countries
FIBO Group
British Virgin Islands
HYCM
United Kingdom, Cyprus, Cayman Islands, United Arab Emirates
Regulators
FIBO Group
BVIFSC
HYCM
FCA, CySEC, CIMA, SVGFSA, DFSA
Investor Protection
FIBO Group
-
HYCM
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
Investor Protection Size
FIBO Group
-
HYCM
£85 000 / €20 000
Publicly Traded
FIBO Group
HYCM
Segregated Accounts
FIBO Group
HYCM
Guaranteed Stop Loss
FIBO Group
HYCM
Negative Balance Protection
FIBO Group
HYCM
Account Types
| Account | FIBO Group | HYCM |
|---|---|---|
STP Account | ||
| Account Name | — | Classic |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.2 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
ECN Account | ||
| Account Name | MT4 NDD | — |
| Min Deposit | $50 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:400 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
Zero Account | ||
| Account Name | cTrader Zero Spread | Raw |
| Min Deposit | $50 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0.1 |
| Fee | $12 per 1 lot | $8 per 1 lot |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 100% |
Fix Spread Account | ||
| Account Name | MT4 Fixed | Fixed |
| Min Deposit | $50 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Fixed | Fixed |
| Execution | Instant | Market |
| Min Spread | 2 | 1.5 |
| Fee | No | No |
| Max Leverage | 1:200 | 1:5000 |
| Stop Out | 20% | 50% |
| Margin Call | 80% | 100% |
Cent Account | ||
| Account Name | MT4 Cent | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.6 | — |
| Fee | No | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 20% | — |
| Margin Call | 80% | — |
Crypto Account | ||
| Account Name | MT4 NDD No Commission | — |
| Min Deposit | $50 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.8 | — |
| Fee | No | — |
| Max Leverage | 1:400 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
FIBO Group
—
HYCM
Classic
Min Deposit
FIBO Group
—
HYCM
$100
Lot Size
FIBO Group
—
HYCM
0.01
Spread Type
FIBO Group
—
HYCM
Floating
Execution
FIBO Group
—
HYCM
Market
Min Spread
FIBO Group
—
HYCM
1.2
Fee
FIBO Group
—
HYCM
No
Max Leverage
FIBO Group
—
HYCM
1:500
Stop Out
FIBO Group
—
HYCM
50%
Margin Call
FIBO Group
—
HYCM
100%
ECN Account
Account Name
FIBO Group
MT4 NDD
HYCM
—
Min Deposit
FIBO Group
$50
HYCM
—
Lot Size
FIBO Group
0.01
HYCM
—
Spread Type
FIBO Group
Floating
HYCM
—
Execution
FIBO Group
Market
HYCM
—
Min Spread
FIBO Group
0
HYCM
—
Fee
FIBO Group
$6 per 1 lot
HYCM
—
Max Leverage
FIBO Group
1:400
HYCM
—
Stop Out
FIBO Group
50%
HYCM
—
Margin Call
FIBO Group
80%
HYCM
—
Zero Account
Account Name
FIBO Group
cTrader Zero Spread
HYCM
Raw
Min Deposit
FIBO Group
$50
HYCM
$200
Lot Size
FIBO Group
0.01
HYCM
0.01
Spread Type
FIBO Group
Floating
HYCM
Floating
Execution
FIBO Group
Market
HYCM
Market
Min Spread
FIBO Group
0
HYCM
0.1
Fee
FIBO Group
$12 per 1 lot
HYCM
$8 per 1 lot
Max Leverage
FIBO Group
1:1000
HYCM
1:500
Stop Out
FIBO Group
50%
HYCM
50%
Margin Call
FIBO Group
80%
HYCM
100%
Fix Spread Account
Account Name
FIBO Group
MT4 Fixed
HYCM
Fixed
Min Deposit
FIBO Group
$50
HYCM
$100
Lot Size
FIBO Group
0.01
HYCM
0.01
Spread Type
FIBO Group
Fixed
HYCM
Fixed
Execution
FIBO Group
Instant
HYCM
Market
Min Spread
FIBO Group
2
HYCM
1.5
Fee
FIBO Group
No
HYCM
No
Max Leverage
FIBO Group
1:200
HYCM
1:5000
Stop Out
FIBO Group
20%
HYCM
50%
Margin Call
FIBO Group
80%
HYCM
100%
Cent Account
Account Name
FIBO Group
MT4 Cent
HYCM
—
Min Deposit
FIBO Group
$1
HYCM
—
Lot Size
FIBO Group
0.01
HYCM
—
Spread Type
FIBO Group
Floating
HYCM
—
Execution
FIBO Group
Market
HYCM
—
Min Spread
FIBO Group
0.6
HYCM
—
Fee
FIBO Group
No
HYCM
—
Max Leverage
FIBO Group
1:3000
HYCM
—
Stop Out
FIBO Group
20%
HYCM
—
Margin Call
FIBO Group
80%
HYCM
—
Crypto Account
Account Name
FIBO Group
MT4 NDD No Commission
HYCM
—
Min Deposit
FIBO Group
$50
HYCM
—
Lot Size
FIBO Group
0.01
HYCM
—
Spread Type
FIBO Group
Floating
HYCM
—
Execution
FIBO Group
Market
HYCM
—
Min Spread
FIBO Group
0.8
HYCM
—
Fee
FIBO Group
No
HYCM
—
Max Leverage
FIBO Group
1:400
HYCM
—
Stop Out
FIBO Group
50%
HYCM
—
Margin Call
FIBO Group
80%
HYCM
—
Additional Features
Demo Account
FIBO Group
HYCM
VIP Account
FIBO Group
HYCM
Swap-Free Account
FIBO Group
HYCM
Copy Trading
FIBO Group
HYCM
VPS
FIBO Group
HYCM
PAMM/MAM Accounts
FIBO Group
HYCM
Funding and Fees
| Feature | FIBO Group | HYCM |
|---|---|---|
Base currencies | USD, EUR, GLD, BTC, ETH | USD, EUR, GBP, AED |
Deposit and withdrawal methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin) |
Inactivity fee | Monthly charge of up to $5 | |
Interest on margin | ||
Withdrawal fee | Variable by payment method |
Base currencies
FIBO Group
USD, EUR, GLD, BTC, ETH
HYCM
USD, EUR, GBP, AED
Deposit and withdrawal methods
FIBO Group
Bank Transfer, Credit/Debit Card, Skrill, Neteller, Webmoney, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP (XRP)
HYCM
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, Perfect Money, BTC (Bitcoin)
Inactivity fee
FIBO Group
Monthly charge of up to $5
HYCM
Interest on margin
FIBO Group
HYCM
Withdrawal fee
FIBO Group
Variable by payment method
HYCM
Trading Platforms and Conditions
| Feature | FIBO Group | HYCM |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 10 ms | 12 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | average |
Trading Platforms
FIBO Group
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
HYCM
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
FIBO Group
10 ms
HYCM
12 ms
Scalping
FIBO Group
HYCM
Expert Advisors (EAs)
FIBO Group
HYCM
Depth of Market (DOM)
FIBO Group
HYCM
Spread
FIBO Group
low
HYCM
average
Trading Assets
| Asset | FIBO Group | HYCM |
|---|---|---|
Currencies | 48 | 72 |
Indices | 8 | 27 |
Stocks | 0 | 1080 |
Cryptocurrencies | 13 | 28 |
Bonds | 0 | 0 |
Metals | 5 | 5 |
Energies | 4 | 3 |
Soft Commodities | 4 | 4 |
ETFs | 0 | 0 |
Currencies
FIBO Group
48
HYCM
72
Indices
FIBO Group
8
HYCM
27
Stocks
FIBO Group
0
HYCM
1080
Cryptocurrencies
FIBO Group
13
HYCM
28
Bonds
FIBO Group
0
HYCM
0
Metals
FIBO Group
5
HYCM
5
Energies
FIBO Group
4
HYCM
3
Soft Commodities
FIBO Group
4
HYCM
4
ETFs
FIBO Group
0
HYCM
0
Education and Analytics
| Feature | FIBO Group | HYCM |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
FIBO Group
HYCM
Indicators
FIBO Group
HYCM
Robots
FIBO Group
HYCM
Signals
FIBO Group
HYCM
Autochartist
FIBO Group
HYCM
Expert Analytics
FIBO Group
HYCM
News Feed
FIBO Group
HYCM
Education Articles
FIBO Group
HYCM
Webinars
FIBO Group
HYCM
Seminars
FIBO Group
HYCM
Customer Support
| Contact | FIBO Group | HYCM |
|---|---|---|
Email | service@fibogroup.com | support@hycm.com |
Phone | +77273272878 | +442088167812 |
Telegram | Telegram | — |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | — |
Email
FIBO Group
HYCM
Phone
FIBO Group
HYCM
Telegram
FIBO Group
HYCM
—
Twitter
FIBO Group
—
HYCM
Which Broker is Better?
After comparing FIBO Group and HYCM, HYCM comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.