Is HYCM better than Vantage? In our analysis of 23 international regulators across 50 brokers, HYCM is considered average-risk, with an overall Trust Score of 86 out of 99. Vantage is considered average-risk, with an overall Trust Score of 83 out of 99. Learn more about Trust Score.
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HYCM vs Vantage 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | HYCM | Vantage |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 86 | 83 |
| HYCM Review | Vantage Review | |
| 72% of retail CFD accounts lose money | 74-89% of retail CFD accounts lose money | |
| Winner | check_circle |
Regulation
| Feature | HYCM | Vantage |
| Trust Score | 86 | 83 |
|
Year Founded |
1977 | 2009 |
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Publicly Traded (Listed) |
No | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
2 | 2 |
|
Tier-2 Licenses |
2 | 0 |
|
Tier-3 Licenses |
1 | 2 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | HYCM | Vantage |
|
ASIC Authorised (Australia) |
No | Yes |
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IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
Yes | No |
|
CBI Authorised (Ireland) |
No | No |
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FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
No | No |
|
FINMA Authorised (Switzerland) |
No | No |
|
FCA Authorised (UK) |
Yes | Yes |
|
CFTC Registered (USA) |
No | No |
|
FMA Authorised (New Zealand) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | HYCM | Vantage |
|
CBRC Authorised (China) |
No | No |
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CySEC Authorised (Cyprus) |
Yes | No |
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SEBI Authorised (India) |
No | No |
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ISA Authorised (Israel) |
No | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | No |
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SEC Authorised (Thailand) |
No | No |
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DFSA / Central Bank Authorised (UAE) |
Yes | No |
Tier-3 Licenses (Low Trust)
| Feature | HYCM | Vantage |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
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Cayman Islands Monetary Authority (CIMA) |
Yes | Yes |
| BMA Authorised (Bermuda) | No | No |
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FSC Authorised (British Virgin Islands) |
No | No |
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FSC Authorised (Mauritius) |
No | No |
|
VFSC Authorised (Vanuatu) |
No | Yes |
Investments
| Feature | HYCM | Vantage |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
245 | 257 |
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Forex Pairs (Total) |
71 | 44 |
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US Stock Trading (Non CFD) |
No | No |
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Int'l Stock Trading (Non CFD) |
Yes | No |
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Social Trading / Copy-Trading |
No | Yes |
|
Cryptocurrency (Physical) |
No | No |
|
Cryptocurrency (CFD) |
Yes | Yes |
| Crypto Disclaimer (UK) | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Cost
| Feature | HYCM | Vantage |
|
Average Spread EUR/USD - Standard |
0.6 (Sept 2021) | 1.22 (August 2021) |
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All-in Cost EUR/USD - Active |
0.6 (Sept 2021) | 0.75 (August 2021) |
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Active Trader or VIP Discounts |
Yes | Yes |
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Execution: Agency Broker |
Yes | Yes |
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Execution: Market Maker |
Yes | Yes |
Funding
| Feature | HYCM | Vantage |
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Minimum Deposit |
$100 | $200 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
No | No |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | HYCM | Vantage |
|
Proprietary Platform |
No | Yes |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
No | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
Yes | Yes |
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cTrader |
No | No |
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DupliTrade |
No | Yes |
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ZuluTrade |
No | Yes |
Trading Tools
| Feature | HYCM | Vantage |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
7 | 7 |
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Charting - Indicators / Studies (Total) |
30 | 30 |
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Charting - Drawing Tools (Total) |
15 | 15 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
No | Yes |
Mobile Trading
| Feature | HYCM | Vantage |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
|
Watch List |
Yes | Yes |
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Watch List Syncing |
No | No |
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Charting - Indicators / Studies |
30 | 30 |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
No | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Forex Calendar |
Yes | Yes |
Research
| Feature | HYCM | Vantage |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Autochartist |
No | No |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
No | Yes |
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Economic Calendar |
Yes | Yes |
Education
| Feature | HYCM | Vantage |
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Has Education - Forex or CFDs |
No | Yes |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | No |
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Videos - Advanced Trading Videos |
No | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | HYCM | Vantage |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | HYCM | Vantage |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading Apps | ||
| Research | ||
| Education | ||
| Trust Score | 86 | 83 |
| HYCM Review | Vantage Review |
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare HYCM vs Vantage.
Does HYCM or Vantage offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, HYCM offers better pricing overall for traders.
Is HYCM or Vantage safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both HYCM and Vantage hold 2 global Tier-1 licenses. HYCM holds 2 global Tier-2 licenses, while Vantage holds 0. In our analysis of 23 international regulators across 50 brokers, HYCM earned a higher Trust Score than Vantage.
Which trading platform is better: HYCM or Vantage?
To compare the trading platforms of both HYCM and Vantage, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Vantage offers a better experience. With research, Vantage offers superior market research. Finally, we found Vantage to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While Vantage offers copy trading, HYCM does not. Both HYCM and Vantage offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
HYCM provides traders 71 currency pairs (e.g., EUR/USD) compared to Vantage's 44 available pairs. Forex pairs aside, Vantage offers traders access to 257 CFDs while HYCM has 245 available CFDs, a difference of 12.
Can I trust HYCM?
HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).
Can I trust Vantage?
Vantage is not publicly traded and does not operate a bank. Vantage is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and two tier-3 regulator (low trust). Vantage is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is HYCM good?
HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform). That said, HYCM offers a narrow range of symbols to forex and CFD traders.
Is Vantage good?
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
Overall winner: HYCM
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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 01/10/2022 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the "Contact" link at the bottom of this page.
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