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HYCM vs CMC Markets

HYCM or CMC Markets – which is better for UK traders 2025? Compare HYCM and CMC Markets in this detailed breakdown of their platforms, features and fees.

HYCM vs CMC Markets Comparison Table 2025
HYCM	CMC Markets

3.8	4.7
HYCM is ranked #62 among CFD brokers.	CMC Markets is ranked #3 among CFD brokers.
Review	Review
HYCM is an online broker with authorization from four international bodies including the FCA and CySEC. The broker offers short-term CFD trading on forex, shares, commodities, indices, ETFs and Bitcoin, and supports the MT4 and MT5 platforms, as well as Trading Central analysis.	Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.
	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Pros
The low $20 minimum deposit is suitable for beginners, as well as the Fixed spread account with no commissions The broker is overseen by trusted regulators, including the FCA MT4 and MT5 integration ensures that active traders can access a vast selection of technical charting tools There's a good range of free analytical tools, particularly Seasonax for pattern analysis Spreads are competitive in the Raw account, starting from 0.1 pips for EUR/USD Traders can access fee-free payments with rapid processing	The CMC web platform delivers a fantastic user experience with advanced charting tools for trading and customizable features, catering to both beginners and experienced traders. MT4 (but not MT5) and TradingView (added in 2025) are also supported. We've bumped up its 'Assets & Markets' rating after almost monthly product additions in early 2025, from extended hours trading on US stocks to new share CFDs. CMC offers excellent pricing, including tight spreads and low trading fees for all but stock CFDs. The Alpha and Price+ schemes also offer perks for active traders with up to 40% discounts on spreads. CMC Markets is heavily regulated by reputable financial authorities and maintains its stellar reputation, helping to ensure a secure and trustworthy trading environment. The brokerage continues to stand out with its wide range of value-add resources, including pattern recognition scanners, webinars, tutorials, news feeds, and research from respected sources like Morningstar.
Cons
Not the best overall range of assets, with just 200+ stocks Market coverage varies quite significantly between account types and platforms There's a high commission of $4 each way on the Raw account	Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG. While CMC offers an above-average suite of assets, there is no support for trading real stocks and UK clients can’t trade cryptocurrencies. Trading stock CFDs incurs a relatively high commission, especially compared to the cheapest brokers like IC Markets. An inactivity fee of $10 per month is applied after 12 months of inactivity, which may deter casual investors. The CMC Markets app offers the complete trading package but the design and user experience trails category leaders like eToro.
Awards
Best Forex Broker 2021-2022 - Spain, Middle East, Asia, Germany Best Trading Platform App 2021 - Forex Expo Best Mobile Trading App 2020 - World of Finance Forex Award	Best Trading App 2023 - DayTrading.com No.1 Platform Technology 2022 No.1 New Tool 2022 No.1 Most Currency Pairs 2022 Best Trade Execution 2021 Best Forex Broker For Beginners 2021 Most Transparent Forex Broker Europe 2020 Best Trading Platform 2020 Best Trading App 2019 Best Customer Service 2018
FCA Regulated
Yes	Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$20	$0
Payment Methods
Mastercard Neteller Skrill Visa Wire Transfer	Credit Cards Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, DFSA, CIMA, CySEC	FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
Mobile Apps
iOS & Android	iOS & Android
Trading App
	The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for traders.
iOS App Rating
3	4.1
Android App Rating
3.6	3.7
Margin Trading
Yes	Yes
Margin Rate
Variable upon regulation and jurisdiction	1%
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$10	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP RUB AED	USD EUR GBP CAD AUD NZD SEK NOK SGD PLN
Commodities
Gold Silver Coffee Oil Cotton Copper Palladium Platinum Sugar	Gold Oil Silver Copper Coffee Wheat Precious Metals Natural Gas Soybeans Orange Juice Nickel Palladium Steel Cannabis Platinum Livestock Sugar Gasoline
CFD
HYCM traders can access CFDs on a range of stocks, indices, commodities and ETFs with floating spreads and maximum leverage varying by instrument. Clients also have a choice between two industry-leading platforms.	CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries with new equities spanning quantum computing, AI learning, and digital car sales in 2025. Spreads are tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market.
Leverage
1:301:500	1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.5	1 pt
GBPUSD Spread<
0.1	0.9
Oil Spread
2.0	3.5
Stocks Spread
2.2%	0.02
Forex
HYCM offers 40+ forex pairs, with most available to trade on either the MT4 or MT5 platform. The maximum leverage on offer is 1:30 in accordance with regulations, and tight spreads start from 0.2 on the Raw account and from 1.2 on the commission-free Classic account.	CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP.
Assets
40+	300+
GBPUSD Spread
0.4	0.9
EURUSD Spread
0.1	0.7
EURGBP Spread
0.4	1.1
Currency Indices
	USD EUR GBP JPY CAD AUD NZD CHF

HYCM	CMC Markets
Review	Review
	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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