HYCM vs. 4XC

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

HYCM

85% of retail CFD accounts lose money

  • Pros
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Account base currencies: USD, EUR, GBP, AUD, RUB.
  • Negative balance protection for all customers.
  • Regulated by FCA, CySEC, DFSA and CIMA.
  • Cons
  • You cannot buy shares or cryptocurrency (only CFDs).
  • Scalping is not allowed.
  • No copy trading platform.
  • Monthly inactivity fee after 90 days.
  • Awards
  • Best Forex Trading Platform Middle East, 2019
  • Best Forex Broker Middle East, 2018
  • Best Forex Broker Europe, 2018
4XC

  • Pros
  • True STP trading, with no re-quotes.
  • All trading styles and Expert Advisors are allowed.
  • Free VPS server, with support for MT4 and MT5.
  • Client funds are held in segregated accounts.
  • Leverage up to 1:400.
  • Cons
  • You cannot buy shares or crypto-currency directly (only CFDs).
  • 4XC is incorporated and regulated in the Cook Islands.
  • Awards
  • #1 European Forex Newcomer of the Year, 2020
  • #1 Global Forex Newcomer of the Year, 2020
  • #1 Best Value Broker Africa, 2020

Trading platforms

Trading platformsHYCM ▷4XC ▷
MetaTrader 4
MetaTrader 5
cTraderNA
CurrenexNA
Copy tradingNA
Mirror tradingNA
Other platformsHYCM WebTraderNA
Operating systemsHYCM ▷4XC ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsHYCM ▷4XC ▷
Bank transfer
Credit card
Debit card
AstroPayNA
Banco PluralNA
BitcoinNA
Bitcoin CashNA
China UnionPay
EthereumNA
FasaPayNA
GlobepayNA
Help2PayNA
M-PESANA
NETELLER
PayRetailersNA
Perfect MoneyNA
QQNA
Skrill
STICPAYNA
WebMoneyNA
WeChatNA
Western UnionNA
Account base currenciesHYCM ▷4XC ▷
AED - UAE DirhamNA
AUD - Australian DollarNA
CNY - Chinese YuanNA
EUR - Euro
GBP - British Pound
NGN - Nigerian NairaNA
NZD - New Zealand DollarNA
RUB - Russian RoubleNA
USD - U.S. Dollar

Regulators

Company informationHYCM ▷4XC ▷
Company nameHenyep Capital Markets (UK) LimitedGeomatrix Ltd
Head officeLondon, UKCook Islands
Incorporation date19772018
RegulatorsHYCM ▷4XC ▷
Cook IslandsNANo. MC03/2018
CySECCySEC No. 259/14NA
UKFCA No. 186171NA

HYCM

85% of retail CFD accounts lose money