HYCM vs Trade Nation
Side-by-side comparison of regulation, trading costs, platforms, and account types for HYCM and Trade Nation.
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.
Trade NationTrust 8.4/10
FCA
ASIC
FSCA
SCB
UK FCA broker (formerly Core Spreads) offering fixed 0.6 pip spreads on EUR/USD across both retail and pro accounts. Zero minimum deposit and TN Trader plus TradingView support make it a clean low-friction pick for transparent-cost trading.
Quick verdict
- Trust: Trade Nation has the higher trust score.
- EUR/USD spread: HYCM is tighter on EUR/USD.
Side-by-side comparison
| Feature | HYCM | Trade Nation |
|---|---|---|
| Trust score | 7.8 | 8.4 |
| Regulators | FCA, DFSA, CIMA | FCA, ASIC, FSCA, SCB |
| Headquarters | United Kingdom | London, United Kingdom |
| Founded | 1989 | 2014 |
| Min deposit | $100 | $0.00 |
| Max leverage | 1:500 | 1:200 |
| EUR/USD spread | 0.20 pips | 0.60 pips |
| Commission per lot | $8 | $0.00 |
| 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, PayPal, Skrill |
| Withdrawal methods | Bank Wire, Credit/Debit Card, Skrill, Neteller | Bank Wire, Credit/Debit Card, PayPal, Skrill |
| Withdrawal speed | 24h | 24h |
| Base currencies | USD, EUR, GBP | USD, EUR, GBP, AUD |
HYCM is best for
Swing traders
Day traders
Algo traders
Trade Nation is best for
Beginners
Day traders