GO Markets vs HYCM
Side-by-side comparison of regulation, trading costs, platforms, and account types for GO Markets and HYCM.
GO MarketsTrust 8.2/10
ASIC
CySEC
FSA-Seychelles
FSC-Mauritius
ASIC-regulated Melbourne broker since 2006 with the full platform suite — MT4, MT5, cTrader, TradingView and proprietary GO TradeX. AUD and NZD base currencies and PayPal funding suit local retail traders.
HYCMTrust 7.8/10
FCA
DFSA
CIMA
Part of the Henyep Group operating since 1977 in financial services. FCA and DFSA-licensed with a Fixed account that suits volatile-period trading and a Raw account for tight ECN-style execution.
Quick verdict
- Trust: GO Markets has the higher trust score.
- EUR/USD spread: GO Markets is tighter on EUR/USD.
Side-by-side comparison
| Feature | GO Markets | HYCM |
|---|---|---|
| Trust score | 8.2 | 7.8 |
| Regulators | ASIC, CySEC, FSA-Seychelles, FSC-Mauritius | FCA, DFSA, CIMA |
| Headquarters | Australia | United Kingdom |
| Founded | 2006 | 1989 |
| Min deposit | $0.00 | $100 |
| Max leverage | 1:500 | 1:500 |
| EUR/USD spread | 0.00 pips | 0.20 pips |
| Commission per lot | $6 | $8 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | Bank Wire, Credit/Debit Card, PayPal, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal methods | Bank Wire, Credit/Debit Card, PayPal, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP, AUD, NZD, CAD, SGD | USD, EUR, GBP |
GO Markets is best for
Day traders
Scalpers
Algo traders
HYCM is best for
Swing traders
Day traders
Algo traders