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Adam Samuel R_ Carter#89
Are HYCM’s spreads and fees competitive compared to Tickmill or IC Markets?
HYCM offers multiple account types, each with different pricing. The Fixed Account features spreads from 1.8 pips without commission, making it easier for beginners but less competitive for scalpers. The Classic Account offers floating spreads from 1.2 pips, while the Raw Account provides spreads from 0.1 pips plus a $4 commission per lot per side. Compared with ultra-low-cost brokers like Tickmill or IC Markets, HYCM’s Fixed and Classic accounts are more expensive, but the Raw Account brings it closer in line with ECN pricing. Overall, HYCM’s fees are fair but not the absolute lowest, with its value lying in its strong regulation and reliability rather than being the cheapest.
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