LiteFinance vs. HYCM

LiteFinance

$50 min. deposit

1:1000 leverage

83% of retail CFD accounts lose money

Updated Sep 2024

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Sep 2024

  • Overall
    3.9 / 5
  • Markets
    4.0 / 5
  • Trading environment
    4.4 / 5
  • Deposits and withdrawals
    4.2 / 5
  • Investor protection
    2.0 / 5
  • Customer service
    4.7 / 5
  • Likes
  • All trading strategies are allowed.
  • Get free daily technical and fundamental analysis.
  • Receive up to 2.5% interest on used funds.
  • Copy trading accounts are also available.
  • Dislikes
  • Withdrawals fees are somewhat high, especially card withdrawals.
  • 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.

Easily navigate this review:

Markets
Asset classes (#)Visit LiteFinance Visit HYCM
Forex (CFD)5767
Cryptos (CFD)*6328
Stocks (CFD)135151
Stocks1080
Indices (CFD)1527
Metals (CFD)513
Energy (CFD)33
Commodities (CFD)54

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit LiteFinance Visit HYCM
MT4
MT5
cTrader
Copy trading
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit LiteFinance Visit HYCM
Bank transfer
Credit card
Debit card
Alipay
bitwallet
CashU
MoneyGram
MTS.ru
Multibanko
NETELLER *
OKPAY
Payeer
Perfect Money
QIWI Wallet
Skrill *
WebMoney
Western Union
Yandex.Money
2c2p
Deposits and withdrawals (Crypto)Visit LiteFinance Visit HYCM
BTC (Bitcoin)
BCH (Bitcoin Cash)
BTG (Bitcoin Gold)
ETH (Ethereum)
LTC (Litecoin)
Account base currenciesVisit LiteFinance Visit HYCM
AED
EUR
GBP
USD
Investor protection
Regulated entitiesVisit LiteFinance Visit HYCM
Cayman Islands
Cyprus (EU)
St. Vincent & the Grenadines
UAE
UK
LiteFinance

Visit LiteFinance ▷

83% of retail CFD accounts lose money
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money