Head to head
Exness vs HYCM
Exness is licensed by FSCA in South Africa, CMA (Kenya) in Kenya, CMA (UAE) in the United Arab Emirates, FCA in the United Kingdom and 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 $10 at Exness and $20 at HYCM. Both offer negative balance protection and segregated client money.
Facts last checked: Exness on 20 October 2026, HYCM on 20 October 2026.
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
Comparing
ExnessSeychelles
HYCMUnited Kingdom
Overview
Founded
Not yet checked
Not yet checked
Headquarters
Not yet checked
London, United Kingdom
Official websites
- exness.com
- exness.eu
- exness.uk
- exness.ke
- hycm.com
- hycm.co.uk
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
Exness (SC) Ltd
HYCM Capital Markets (UK) Limited
Regulation level
Offshore registration only
Strictly regulated
Clients this company serves
Clients who sign up through exness.com (Exness assigns the company by country; it names it in the client agreement)
UK residents
All licences held
- FSA Seychelles (Seychelles)
- FSC (BVI) (British Virgin Islands)
- FSCA (South Africa)
- CMA (Kenya) (Kenya)
- CMA (UAE) (United Arab Emirates)
- FCA (United Kingdom)
- CySEC (European Union)
- FCA (United Kingdom)
- DFSA (United Arab Emirates (DIFC))
Costs
Your monthly cost
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
Leverage and margin
Up to 1:Unlimited on some accounts (offshore companies)
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)
Stop-out level
0% (stocks differ)
50% (HYCM may start closing positions from 55%)
Account
Minimum deposit (this account)
No accounts listed
No accounts listed
Platforms and features
Platforms
- MetaTrader 4
- MetaTrader 5
- Exness Terminal
- Exness Trade app
- MetaTrader 4
- MetaTrader 5
- HYCM Trader app
- Web Trader
Markets
Currency pairs, metals, cryptocurrencies, energies, stocks and indices as CFDs
300+ CFDs on forex, metals, indices, commodities, shares and cryptocurrencies, plus US stocks
Copy trading
Not yet checked
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
Not yet checked
- Bank wire
- Visa card
- Cryptocurrency
Withdrawal fee
No withdrawal fees from Exness; third-party fees may apply depending on the payment method
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
Not yet checked
Live chat and online help centre
Our notes
Strengths
- Licences confirmed with the FSCA in South Africa, the CMA in Kenya and the UAE's Capital Market Authority
- Low $10 minimum deposit on the Standard account and no withdrawal fees from Exness
- Exness says client money is held in segregated accounts and retail accounts have negative balance protection
- 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
- Most retail clients join offshore companies (FSA Seychelles or BVI FSC), and the strictly regulated UK and Cyprus companies do not accept retail clients
- Exness also says it holds licences from the Central Bank of Curaçao and Sint Maarten (Exness B.V., 0003LSI), the FSC of Belize (Forexite Ltd., 9110312), the FSC of Mauritius (Exness (MU) Ltd, GB20025294), the Jordan Securities Commission (Exness Limited Jordan) and an FSCA ODP authorisation for Exness (SC) Ltd. We could not confirm these on the regulators' registers on 2026-10-20.
- Leverage up to 1:Unlimited and a 0% stop-out mean a position can be closed only when your margin is gone
- 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
Choose at least one broker above to start comparing.
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:
- Exness: Risk Warning: Our services relate to complex derivative instruments requiring appropriate knowledge and understanding. Their prices may fluctuate rapidly and may become valueless. Trading involves a high risk of loss, with traders likely to incur losses exceeding the potential for profits. Losses may extend up to the full amount of funds in the trading account. Under no circumstances shall Exness have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any investing activity.
- 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.
Open this comparison in the full tool to share a link with your own accounts and companies chosen.
Other head-to-head pages
- Admirals (Admiral Markets) vs Exness
- Admirals (Admiral Markets) vs HYCM
- Alpari vs Exness
- Alpari vs HYCM
- AMarkets vs Exness
- AMarkets vs HYCM
- AvaTrade vs Exness
- AvaTrade vs HYCM
- Axi vs Exness
- Axi vs HYCM
- AYA Markets vs Exness
- AYA Markets vs HYCM
- CapitalXtend vs Exness
- CapitalXtend vs HYCM
- CG FinTech vs Exness
- CG FinTech vs HYCM
- CMC Markets vs Exness
- CMC Markets vs HYCM
- CPT Markets vs Exness
- CPT Markets vs HYCM
- DeltaFX vs Exness
- DeltaFX vs HYCM
- ePlanet Brokers vs Exness
- ePlanet Brokers vs HYCM
- Errante vs Exness
- Errante vs HYCM
- eToro vs Exness
- eToro vs HYCM
- Exness vs FIBO Group
- Exness vs FP Markets
- Exness vs FXCM
- Exness vs FxPro
- Exness vs IC Markets
- Exness vs IFC Markets
- Exness vs IG
- Exness vs Interactive Brokers
- Exness vs Inveslo
- Exness vs Investizo
- Exness vs ITBFX
- Exness vs LiteFinance (LiteForex)
- Exness vs Markets4you
- Exness vs OANDA
- Exness vs OneRoyal
- Exness vs Opofinance
- Exness vs Orbex
- Exness vs Pepperstone
- Exness vs Plus500
- Exness vs Saxo
- Exness vs STB Provider
- Exness vs Swissquote
- Exness vs ThinkMarkets
- Exness vs Tickmill
- Exness vs Trendo
- Exness vs Vittaverse
- Exness vs Wingo Markets
- Exness vs WM Markets
- Exness vs XChief
- Exness vs XM
- Exness vs XS.com
- FIBO Group vs HYCM
- FP Markets vs HYCM
- FXCM vs HYCM
- FxPro vs HYCM
- HYCM vs IC Markets
- HYCM vs IFC Markets
- HYCM vs IG
- HYCM vs Interactive Brokers
- HYCM vs Inveslo
- HYCM vs Investizo
- HYCM vs ITBFX
- HYCM vs LiteFinance (LiteForex)
- HYCM vs Markets4you
- HYCM vs OANDA
- HYCM vs OneRoyal
- HYCM vs Opofinance
- HYCM vs Orbex
- HYCM vs Pepperstone
- HYCM vs Plus500
- HYCM vs Saxo
- HYCM vs STB Provider
- HYCM vs Swissquote
- HYCM vs ThinkMarkets
- HYCM vs Tickmill
- HYCM vs Trendo
- HYCM vs Vittaverse
- HYCM vs Wingo Markets
- HYCM vs WM Markets
- HYCM vs XChief
- HYCM vs XM
- HYCM vs XS.com
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.