HYCM
Windsor Brokers
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
HYCM was founded in 1977 and is headquartered in UK, while Windsor Brokers was established in 2005 and is based in Cyprus. HYCM holds licences including Financial Conduct Authority (FCA), while Windsor Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. HYCM serves 10,000+ clients worldwide; Windsor Brokers has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | HYCM | Windsor Brokers |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1977 | 2005 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between HYCM and Windsor Brokers, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. HYCM charges withdrawal fees while Windsor Brokers does not, a notable advantage for frequent withdrawers. HYCM applies inactivity fees on dormant accounts; Windsor Brokers does not. Overall, Windsor Brokers scores higher on fees in our assessment.
| Feature | HYCM | Windsor Brokers |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
HYCM offers MT4, MT5, cTrader, while Windsor Brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | HYCM | Windsor Brokers |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, Mirror Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how HYCM and Windsor Brokers compare. HYCM runs regular live webinars; Windsor Brokers does not. Both provide video tutorials. HYCM publishes daily market commentary; Windsor Brokers does not. Both integrate third-party research tools. HYCM maintains an archive of past webinars for on-demand viewing. HYCM scores higher overall in education and research.
| Feature | HYCM | Windsor Brokers |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
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 Windsor Brokers supports 2 (bank transfer, credit/debit card). HYCM uniquely supports PayPal and Skrill and Neteller among the two brokers. HYCM scores higher on deposit and withdrawal flexibility.
| Feature | HYCM | Windsor Brokers |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both HYCM and Windsor Brokers offer live chat support. Both provide phone support. Email support is available at both brokers. HYCM supports 5 languages and Windsor Brokers supports 2, giving HYCM broader global reach. Both brokers are comparable on support quality.
| Feature | HYCM | Windsor Brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Chinese (Traditional), Arabic, and Russian | English, and Chinese |