HYCM vs. RoboForex

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Jan 2024

RoboForex

$10 min. deposit

1:500 leverage

58.42% of retail CFD accounts lose money

Updated Jan 2024

  • 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
    4.1 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    3.9 / 5
  • Investor protection
    3.2 / 5
  • Customer service
    3.8 / 5
  • Likes
  • Access 12,000 instruments, including real stocks.
  • Start trading in minutes without ID verification.
  • Enjoy negative balance protection.
  • Dislikes
  • RoboForex is only regulated in Belize.
  • Withdrawal fees across most funding methods.

Easily navigate this review:

Markets
Asset classes (#)Visit HYCM Visit RoboForex
Forex (CFD)6740
Cryptos (CFD)*2833
Stocks (CFD)1518400
Stocks10803000
Indices (CFD)2710
ETFs (CFD)1000
Metals (CFD)1320
Energy (CFD)34
Commodities (CFD)4100

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit HYCM Visit RoboForex
MT4
MT5
Copy trading
Other platformsR StocksTrader
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit HYCM Visit RoboForex
Bank transfer
Debit card
Credit card
AdvCash
ApplePay
AstroPay
China UnionPay
GooglePay
NETELLER *
Ngân Lượng
Perfect Money
Skrill *
WebMoney
Western Union
2c2p
Account base currenciesVisit HYCM Visit RoboForex
AED
BTC
CNY
ETH
EUR
GBP
USD
USDT
Gold
Investor protection
Regulated entitiesVisit HYCM Visit RoboForex
Belize
Cayman Islands
Cyprus (EU)
St. Vincent & the Grenadines
UAE
UK
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money
RoboForex

Visit RoboForex ▷

58.42% of retail CFD accounts lose money