HYCM vs. Fortrade

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Sep 2024

Fortrade

$100 min. deposit

1:30 leverage

Your capital is at risk.

Updated Apr 2025

  • Overall
    4.2 / 5
  • Markets
    5.0 / 5
  • Trading environment
    3.8 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.0 / 5
  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Open a trading account in USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fees apply after 90 days.
  • Copy trading isn't possible.
  • Overall
    3.7 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.0 / 5
  • Deposits and withdrawals
    3.6 / 5
  • Investor protection
    4.2 / 5
  • Customer service
    1.8 / 5
  • Likes
  • Trade CFDs on all assets classes.
  • Huge selection of CFDs on over 440 stocks.
  • You cannot lose more than you invest with negative balance protection.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Dislikes
  • Only supports MetaTrader 4 and its in-house platform.
  • USD 10 'dormancy fee' if your account is inactive for over 6 months.

Easily navigate this review:

Markets
Asset classes (#)Visit HYCM Visit Fortrade
Forex (CFD)6761
Cryptos (CFD)*283
Stocks (CFD)151445
Stocks1080
Indices (CFD)2718
ETFs (CFD)3
Metals (CFD)1312
Energy (CFD)35
Commodities (CFD)46
Bonds (CFD)3

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit HYCM Visit Fortrade
MT4
MT5
Other platformsFortrader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit HYCM Visit Fortrade
Bank transfer
Credit card
Debit card
NETELLER *
Skrill *
WebMoney
2c2p
Account base currenciesVisit HYCM Visit Fortrade
AED
EUR
GBP
USD
Investor protection
Regulated entitiesVisit HYCM Visit Fortrade
Australia
Canada
Cayman Islands
Cyprus (EU)
Mauritius
St. Vincent & the Grenadines
UAE
UK
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money
Fortrade

Visit Fortrade ▷

Your capital is at risk.