B

HYCM

8/10

kawase

8.4/10
9/10RegulationWinner10/10
4/10WinnerFees1/10
9/10PlatformsTied9/10
10/10Education & ResearchTied10/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

HYCM was founded in 1977 and is headquartered in UK, while kawase was established in 2011 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. HYCM serves 10,000+ clients worldwide; kawase has 3,500,000+. The minimum deposit is $100 at HYCM and $250 at kawase.

kawase wins this category
FeatureHYCMkawase
Min. Deposit$100$250
RegulationFinancial 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 000048Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F266
Founded19772011
CountryUKAustralia
Clients10,000+3,500,000+

Fees

Fees are a critical factor when choosing between HYCM and kawase, directly affecting your bottom line as a trader. HYCM has a lower barrier to entry with a minimum deposit of $100 (vs $250 at kawase). HYCM charges withdrawal fees while kawase does not, a notable advantage for frequent withdrawers. HYCM applies inactivity fees on dormant accounts; kawase does not. Overall, HYCM scores higher on fees in our assessment.

HYCM wins this category
FeatureHYCMkawase
Min. Deposit$100$250
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

HYCM offers MT4, MT5, cTrader, while kawase supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. HYCM supports social and copy trading features, which kawase does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureHYCMkawase
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Tablet & Mobile appsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how HYCM and kawase 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.

Tied
FeatureHYCMkawase
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. HYCM accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while kawase supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
FeatureHYCMkawase
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both HYCM and kawase offer live chat support. Both provide phone support. Email support is available at both brokers. HYCM supports 5 languages and kawase supports 8, giving kawase broader global reach. Both brokers are comparable on support quality.

Tied
FeatureHYCMkawase
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Chinese, Chinese (Traditional), Arabic, and RussianEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic