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Head to head

Errante vs HYCM

Errante is licensed by CySEC in the European Union, and also has an offshore registration. 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 Errante and $20 at HYCM. Both offer negative balance protection and segregated client money.

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

Errante 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
ErranteStrictly regulatedRead the profile
HYCMStrictly regulatedRead the profile
Comparing
ErranteEuropean Union
HYCMUnited Kingdom

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Mahé, Seychelles (EU company in Cyprus)
London, United Kingdom
Official websites
  • errante.com
  • errante.eu
  • hycm.com
  • hycm.co.uk
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Notely Trading Ltd
HYCM Capital Markets (UK) Limited
Regulator
CySEC
European Union
FCA
United Kingdom
Regulation level
Strictly regulated
Strictly regulated
Licence number
383/20
Check the register
186171
Check the register
Clients this company serves
Residents of EU and EEA countries, through errante.eu
UK residents
All licences held
  • CySEC (European Union)
  • FSA Seychelles (International)
  • FCA (United Kingdom)
  • DFSA (United Arab Emirates (DIFC))
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
Investor Compensation Fund (Cyprus) for eligible clients of Notely Trading Ltd; none for clients of the Seychelles company
FSCS for eligible clients of HYCM Capital Markets (UK) Limited only

Costs

Your monthly cost
No accounts listed
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Cost per lot (EUR/USD)
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Spread from
No accounts listed
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Typical EUR/USD spread
No accounts listed
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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
Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients
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%
50% (HYCM may start closing positions from 55%)

Account

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

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • Errante client portal app
  • MetaTrader 4
  • MetaTrader 5
  • HYCM Trader app
  • Web Trader
Markets
50+ currency pairs, metals, energies and commodities, indices, shares and cryptocurrency 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
  • Bank wire (SWIFT and SEPA)
  • Debit and credit card
  • E-wallets
  • Cryptocurrency
  • Bank wire
  • Visa card
  • Cryptocurrency
Withdrawal fee
Depends on the method. The terms also allow a fee of up to 5% if you withdraw without significant trading or within three months of funding without trading
No HYCM fee; your bank may charge. Profits are withdrawn by wire transfer only
Inactivity fee
$15 one-off, then $5 a month, after 150 days with no activity (Seychelles terms)
Not yet checked

Support

Customer support
24/7 support by live chat and email (support@errante.com)
Live chat and online help centre

Our notes

Strengths
  • EU company Notely Trading Ltd is licensed by CySEC (licence 383/20, checked on the CySEC register)
  • Negative balance protection is written into the Seychelles terms, so losses are capped at your account balance
  • Client money held separately from company funds, plus a civil liability insurance policy of up to €1,000,000
  • Choice of MetaTrader 4, MetaTrader 5, cTrader and TradingView
  • 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
  • Clients outside the EU join the Seychelles company, which holds only an offshore licence and offers leverage up to 1:1000
  • Minimum deposits and spreads for the Premium, VIP and Tailor Made accounts are not shown on the public account page
  • Dormant accounts pay $15 and then $5 a month, and a fee of up to 5% can apply to withdrawals made without trading
  • 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:

  • Errante: Our products are traded on margin and carry a high level of risk and 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.
  • 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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