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Head to head

DeltaFX vs HYCM

DeltaFX has no licence we could confirm on a regulator's register. HYCM is licensed by FCA in the United Kingdom and DFSA in the United Arab Emirates (DIFC). The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $50 at DeltaFX and $20 at HYCM. Only HYCM offers negative balance protection and segregated client money.

Facts last checked: DeltaFX on 20 October 2026, HYCM on 20 October 2026.

DeltaFX profileHYCM profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
DeltaFXRead the profile
HYCMStrictly regulatedRead the profile
Comparing
DeltaFX
HYCMUnited Kingdom

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
London, United Kingdom
Official websites
  • deltafx.com
  • authserver.deltafx.com
  • hycm.com
  • hycm.co.uk
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
No licence listed
HYCM Capital Markets (UK) Limited
Regulator
No licence listed
FCA
United Kingdom
Regulation level
No licence listed
Strictly regulated
Licence number
No licence listed
186171
Check the register
Clients this company serves
No licence listed
UK residents
All licences held
None listed
  • FCA (United Kingdom)
  • DFSA (United Arab Emirates (DIFC))
Segregated client money
No
Yes
Negative balance protection
No
Yes
Compensation scheme
None
FSCS for eligible clients of HYCM Capital Markets (UK) Limited only

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Yes
Yes

Leverage and margin

Maximum retail leverage
1:1000
1:30 on major pairs for FCA retail clients; up to 1:500 at the Costa Rica company
Retail leverage by asset class
Not yet checked
  • Major currency pairs: 1:30 (FCA); up to 1:500 (Costa Rica)
  • Bitcoin CFDs: 1:5 (Costa Rica company only)
Margin call level
100%
Not yet checked
Stop-out level
20% or 40%, depending on the account
50% (HYCM may start closing positions from 55%)

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 4
  • MetaTrader 5
  • HYCM Trader app
  • Web Trader
Markets
Forex, spot metals, spot energies, spot indices and crypto CFDs
300+ CFDs on forex, metals, indices, commodities, shares and cryptocurrencies, plus US stocks
Demo account
Yes
Yes
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Local bank transfer (Iranian rial)
  • USDT (TRC20)
  • USDT (BEP20)
  • TopChange
  • ZPay
  • Bank wire
  • Visa card
  • Cryptocurrency
Withdrawal fee
$4 per USDT withdrawal on BEP20; other fees not published
No HYCM fee; your bank may charge. Profits are withdrawn by wire transfer only
Inactivity fee
Not yet checked
Not yet checked

Support

Customer support
24/7 live chat, ticket system, phone and email
Live chat and online help centre

Our notes

Strengths
  • Five account types with published margin call and stop-out levels
  • Swap-free versions of every account
  • Low minimum deposit ($50) on most accounts
  • UK company authorised by the FCA since 2001 and allowed to hold client money
  • Client money kept in segregated accounts, with negative balance protection
  • Low $20 minimum deposit on every account type
Watch out for
  • Not listed as regulated here: its Anjouan (AOFA) licence L16182/DFX shows as active on AOFA's own register, but the Central Bank of the Comoros has said AOFA is not recognised and cannot issue financial licences.
  • Its only licence is from the Anjouan Offshore Finance Authority (AOFA). On 8 December 2025 the Central Bank of the Comoros said AOFA is not recognised in the Union of the Comoros and has no legal power to issue financial licences.
  • AOFA's verification page lists company number 16183 (DeltaFX's site says 16182), incorporation on 20 October 2025 and a licence end date of 20 October 2026.
  • Commission rates on the commission-based accounts are not published on the account pages
  • Leverage up to 1:1000 and no published negative balance protection
  • The international website (hycm.com) signs clients up with HYCM Capital Markets S.R.L., a Costa Rica company with no financial licence
  • Leverage of up to 1:500 at the Costa Rica company, against 1:30 for FCA retail clients
  • The FCA has warned about many clone firms using HYCM's name, including hycmarkets.net and hycmarket.com
  • Spreads are published only as "from" figures, so typical costs are hard to compare

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • HYCM: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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