| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| HYCM | $20 Minimum Deposit | MT4, MT5 Trading Platforms | 300+ Markets To Trade | HYCM offers MT4 and MT5 and allows automated trading with Expert Advisors (EA) robots About |
| Trading 212 | $1 Minimum Deposit | Web Trader & Apps Trading Platforms | 10,000+ Markets To Trade | Trading 212 offers a user friendly platform with 10,000+ real Stocks and ETFs to trade and has a low minimum deposit About |
HYCM vs Trading 212 Comparison
HYCM offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), supporting both automated and non-automated trading. Trading 212 provides a user friendly trading platform designed for the trader who executes their own trades.
Both brokers offer CFD trading. When trading a CFD, the trader does not own the market. Trading 212 offers an Invest account in addition to its CFD account. Trading 212's Invest account lets the trader buy real Stocks and ETFs to own.
HYCM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus, the DFSA in Dubai and the CIMA in the Cayman Islands.
Trading 212 is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Bulgaria.
Quick comparison
HYCM offers MT4 and MT5. Trading 212 provides a web trader and apps. Both brokers offer CFD trading. Trading 212 additionally provides Stocks and ETFs to own.
Minimum deposit and key account features
The minimum deposit for HYCM is $20. The minimum deposit for Trading 212 to trade CFDs is $/€/£10 (the minimum deposit for the Invest account is $/€/£1).
- HYCM offers a Trading Central plug in and has an Economic Calendar, Forex Calculators, News, Market Outlook, Forex Education, Webinars and Seminars on its website. HYCM says that latency is as low at 12ms. The minimum trade size is 0.01 lots.
- HYCM offers Fixed, Classic and Raw account and Islamic accounts for each. The Raw account charges commissions, the others do not. The Classic and Raw accounts allow Expert Advisors. The minimum deposit for the Raw, Fixed and Classic accounts is $20.
- Trading 212 has a CFD and an Invest account. Trading 212 provides Videos, News, Analysis and an Economic Calendar on its trading platform and its website.
Markets
- HYCM offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 80+ available on MT4 and 300+ on MT5. On the MT4 Classic and Raw accounts, HYCM offers Forex and Precious Metals, with 45+ available.
- Trading 212 offers CFD trading in Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities and ETFs, with 10,000+ available. Trading 212 on the Invest account offers real Stocks and ETFs, with 10,000+ available.
HYCM has 60+ Forex Pairs. Trading 212 has 150+ Forex Pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| Trading 212 Broker | Web Trader & Apps Trading Platforms | Trading 212 provides trading on a user friendly platform with 10,000+ real Stocks and ETFs and CFDs, with a low minimum deposit What It Does |
| HYCM Broker | MT4, MT5 Trading Platforms | HYCM offers MT4 and MT5, allowing automated trading with EA robots What It Does |
Commissions
- HYCM does not charge commissions.
- Trading 212 does not charge commissions.
Leverage
Maximum leverage for HYCM (FCA or CySEC regulated) is . Maximum leverage for Trading 212 (FCA, CySEC or FSC regulated) is .
Platforms
HYCM offers MT4 and MT5 and apps. Trading 212 offers a web trader and apps.
Why HYCM or Trading 212 ?
Traders who want to trade using MT4 and its successor MT5 can do so at HYCM. Traders who wish to trade with CFDs can do so at either broker. Traders who want to buy Stocks and ETFs to own can do so at Trading 212 on its Invest account.
Comparison summary
- Both provide CFD trading
- Trading 212 additionally offers real Stocks to own on its Invest account
- Both brokers provide Stocks CFDs
- Trading 212 has more Stocks overall (10,000+)
- Trading 212 has a $1 minimum deposit
