HYCM vs Skilling
Side-by-side comparison of regulation, trading costs, platforms, and account types for HYCM and Skilling.
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.
SkillingTrust 8.2/10
CySEC
FSA-Seychelles
Scandinavian-built broker (CySEC and FSA-Seychelles regulated) with a clean modern platform and cTrader integration. Premium account spreads from 0.1 pips with $3.50 commission, and Nordic clients can verify with BankID for instant onboarding.
Quick verdict
- Trust: Skilling has the higher trust score.
- EUR/USD spread: HYCM is tighter on EUR/USD.
Side-by-side comparison
| Feature | HYCM | Skilling |
|---|---|---|
| Trust score | 7.8 | 8.2 |
| Regulators | FCA, DFSA, CIMA | CySEC, FSA-Seychelles |
| Headquarters | United Kingdom | Limassol, Cyprus |
| Founded | 1989 | 2016 |
| Min deposit | $100 | $100 |
| Max leverage | 1:500 | 1:500 |
| EUR/USD spread | 0.20 pips | 0.70 pips |
| Commission per lot | $8 | $4 |
| 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, Credit/Debit Card, Skrill, Neteller, Trustly |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP | USD, EUR, GBP |
HYCM is best for
Swing traders
Day traders
Algo traders
Skilling is best for
Beginners
Day traders
Scalpers