Evans and Partners
HYCM
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Overview
Evans and Partners was founded in 2012 and is headquartered in USA, while HYCM was established in 1977 and is based in UK. Evans and Partners holds licences including Unregulated, while HYCM is regulated by Financial Conduct Authority (FCA) among others. Evans and Partners serves 10,000+ clients worldwide; HYCM has 10,000+. The minimum deposit is $500 at Evans and Partners and $100 at HYCM.
| Feature | Evans and Partners | HYCM |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 |
| Founded | 2012 | 1977 |
| Country | USA | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Evans and Partners and HYCM, directly affecting your bottom line as a trader. HYCM has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Evans and Partners). HYCM charges withdrawal fees while Evans and Partners does not, giving Evans and Partners an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, HYCM scores higher on fees in our assessment.
| Feature | Evans and Partners | HYCM |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Evans and Partners offers MT4, MT5, cTrader, while HYCM supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. HYCM supports social and copy trading features, which Evans and Partners does not offer. The two brokers are closely matched on platform offering.
| Feature | Evans and Partners | HYCM |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4,MetaTrader 5 | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Evans and Partners and HYCM compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Evans and Partners | HYCM |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Evans and Partners accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while HYCM supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). HYCM uniquely supports PayPal and Skrill and Neteller among the two brokers. HYCM scores higher on deposit and withdrawal flexibility.
| Feature | Evans and Partners | HYCM |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Evans and Partners and HYCM offer live chat support. Both provide phone support. Email support is available at both brokers. Evans and Partners supports 2 languages and HYCM supports 5, giving HYCM broader global reach. Both brokers are comparable on support quality.
| Feature | Evans and Partners | HYCM |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Chinese (Traditional), Arabic, and Russian |