101Investing vs HYCM Broker Comparison

Are you trying to figure out which is a better broker, 101Investing or HYCM? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that 101Investing is the better of the two. 101Investing offers 350+ instruments, licenses from CySec, and fair trading fees.

In the tables below, you can compare the features of 101Investing and HYCM side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked 101Investing higher than HYCM.

Rating
94/100
92.8/100
Min. Deposit
$250$
100$
Regulated By
CySecCySec
FCAFCA
CySecCySec
CIMACIMA
Bonus
No Information
up to 5,000
Min. Spread
0.7
1.8
Max. Leverage
1:500
1:200
Currency Pairs
50
69
Trading Instruments
350+
300+
Trading Platforms
MT4, mobile
MT4, MT5, mobile
Deposit Methods
Bank Transfer, Visa, Mastercard, Skrill, Worldpay and others
Bank transfer, Visa, MasterCard, Neteller, Skrill, WebMoney
Type of Brokers
STP
Market Maker
Customer Support
24/5
24/5
Language Support
11
12
Established
2016, Limassol, Cyprus
2010 1997, HQ in Cyprus
Used By
100,000+ Traders
1,000,000+ Traders

Does 101Investing or HYCM have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive 101Investing and HYCM are, we first considered the common fees on Standard Accounts. At 101Investing the average spread for the EUR/USD currency pair is 0.7 pips, whilst at HYCM the spread is 1.8.

This shows that 101Investing is the better option for low-cost forex trading.

When it comes to non-trading fees, 101Investing charges for inactivity, withdrawal. HYCM charges for inactivity. With this in mind, HYCM has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that 101Investing is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, 101Investing or HYCM?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

101Investing is regulated by CySec and offers client protection. HYCM is regulated by FCA, CySec, CIMA and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that HYCM is the safer broker.

Broker summary

How many trading instruments are available at 101Investing and HYCM?

101Investing provides traders with 350+ instruments. This includes 50 currency pairs, 30+ cryptocurrencies, and 100+ stocks and shares. With 101Investing, you can also trade CFDs.

In comparison, HYCM boasts 300+ tradable instruments. HYCM offers 69 currency pairs, 14 cryptocurrencies, and 70 stocks and shares. HYCM also allows CFD trading.

As HYCM has 300+ and 101Investing has 350+, a difference of 50, this shows that HYCM offers more opportunities to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, 101Investing or HYCM?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

101Investing provides you with the ability to trade via 2 trading platforms, and HYCM has 3 trading platforms. Both brokers also offer research and trading tools, however HYCM has more.

Overall, our experts agree that HYCM boasts the better trading platform offering.

Research Tools

Which is better for beginners, 101Investing or HYCM?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that 101Investing is the better broker for beginner traders as it offers a larger range of educational tools and materials. 101Investing also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that 101Investing is the better broker in a range of key areas. You can learn more by reading our 101Investing and HYCM reviews.

101Investing vs HYCM
101Investing
94
Points
HYCM
92.8
Points
Overall
2 points
101Investing
96
Points
HYCM
95
Points
Commissions & Fees
1 points
101Investing
97
Points
HYCM
99
Points
Licensing & Safety
2 points
101Investing
95
Points
HYCM
87
Points
Trading Platforms & Tools
8 points
101Investing
93
Points
HYCM
92
Points
Payments
1 points
101Investing
94
Points
HYCM
95
Points
Customer Service
1 points
101Investing
98
Points
HYCM
89
Points
Educational
9 points
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