HYCM vs NinjaTrader
Side-by-side comparison of regulation, trading costs, platforms, and account types for HYCM and NinjaTrader.
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.
NinjaTraderTrust 8.3/10
CFTC-NFA
US-based futures and forex broker with the institutional-grade NinjaTrader 8 platform and NinjaScript algorithmic framework. Long the platform of choice for US futures day traders and now part of Kraken.
Quick verdict
- Trust: NinjaTrader has the higher trust score.
- EUR/USD spread: HYCM is tighter on EUR/USD.
Side-by-side comparison
| Feature | HYCM | NinjaTrader |
|---|---|---|
| Trust score | 7.8 | 8.3 |
| Regulators | FCA, DFSA, CIMA | CFTC-NFA |
| Headquarters | United Kingdom | United States |
| Founded | 1989 | 2003 |
| Min deposit | $100 | $0.00 |
| Max leverage | 1:500 | 1:50 |
| EUR/USD spread | 0.20 pips | 0.50 pips |
| Commission per lot | $8 | $5 |
| 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, Skrill, Neteller | Bank Wire, ACH, Credit/Debit Card |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, ACH |
| Withdrawal speed | 24h | 48h |
| Base currencies | USD, EUR, GBP | USD |
HYCM is best for
Swing traders
Day traders
Algo traders
NinjaTrader is best for
Algo traders
Day traders
Scalpers