Abstract:When choosing a forex and CFD broker, it's crucial to compare key aspects such as regulation, trading platforms, account types, fees, and customer support. Both ZFX and HYCM are reputable brokers with high scores on WikiFX, indicating their reliability. This article provides a side-by-side comparison to help you determine which broker aligns better with your trading needs.

When choosing a forex and CFD broker, it's crucial to compare key aspects such as regulation, trading platforms, account types, fees, and customer support. Both ZFX and HYCM are reputable brokers with high scores on WikiFX, indicating their reliability. This article provides a side-by-side comparison to help you determine which broker aligns better with your trading needs.
HYCM

ZFX
HYCM
ZFX
HYCM
ZFX
| Account Type | Min Deposit | Spreads (EUR/USD) | Commission | Leverage |
| Mini | $50 | from 1.5 pips | – | up to 1:2000 |
| Standard (STP) | $200 | from 1.3 pips | – | up to 1:500 |
| ECN | $1,000 | from 0.2 pips | Yes | up to 1:500 |
HYCM
| Account Type | Min Deposit | Spreads | Commission | Leverage |
| Fixed | $100 | ~1.8 pips | None | Up to 1:500 (offshore); lower in-regions |
| Classic | $100 | ~1.4 pips | None | Similar, capped in FCA/CySEC regions |
| Raw | $200 | from 0.2 pips | ~$4 per round turn | Same as above, depending on jurisdiction |

ZFX
HYCM
ZFX
HYCM
ZFX
HYCM
| Category | ZFX | HYCM |
| Leverage | Very high (up to 1:2000) for low equity accounts | High offshore, conservative caps in regulated regions |
| Spreads/Commissions | Transparent tiered spreads; ECN offers tight spreads | Competitive spreads; Raw account with commission |
| Regulation | Solid FCA oversight; offshore entity provides flexibility | Broad regulatory coverage (FCA, CySEC, DFSA, CIMA) |
| Platform | Standard MT4/5 suite | MT4/5 + Trading Central signals, commentary |
| Support & Fees | Limited public info on support | Good support; watch for inactivity/withdrawal fees |
| Tools & Education | Basic tools via MT platforms | In-house commentary & signals; educational gaps for novices |
Both ZFX and HYCM offer reliable, solid brokerage services with distinct strengths. ZFX excels in ultra-high leverage and simple account structure. HYCM stands out for its broad regulation, research offerings, and support ecosystem. We recommend visiting WikiFX and using their comparison tool to explore deeper. Since both rank highly on WikiFX, your final choice should align with your trading goals, leverage appetite, and preference for analytics vs. simplicity.


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