Fineco vs HYCM (2026): regulation, platforms and costs compared
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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
Fineco forex broker offers a multi-asset trading platform with broad currency pair access, built-in research, charting, and risk management tools. It delivers a streamlined web and mobile experience for order placement and…
HYCM is a well-regarded forex and CFD broker offering access to a broad range of currency pairs and other markets on MetaTrader platforms. It provides flexible account types, education and research resources,…
Fineco (Italy, founded 1999) holds 2 regulatory licences (CONSOB, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. HYCM (United Kingdom, founded 1977) holds 4 regulatory licences (CIMA, CySEC, DFSA, FCA), 1 of them tier-1, offers MT4, MT5 and sits in our medium-fee bracket. The two overlap in 2 countries; Fineco is available in 0 countries where HYCM is not, and HYCM in 203 where Fineco is not.
Verdict at a glance
Fineco leads on trust rank, fee level and tier-1 licences.
HYCM leads on track record, regulatory coverage, platform choice, instrument range and country coverage.
Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.
Pros
Fineco
EU-regulated bank broker; segregated client funds
Negative balance protection (ESMA)
Proprietary PowerDesk platform with advanced charting and order types
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
Fineco vs HYCM: common questions
Which broker is more regulated, Fineco or HYCM?
HYCM holds more regulatory licences: Fineco (CONSOB, FCA) versus HYCM (CIMA, CySEC, DFSA, FCA). Tier-1 licences: Fineco 2, HYCM 1.
Which trading platforms do Fineco and HYCM offer?
Fineco offers Proprietary; HYCM offers MT4, MT5.
Which has lower fees, Fineco or HYCM?
Fineco is in the lower fee bracket (low vs medium) in our catalogue.
Which is older, Fineco or HYCM?
HYCM is the older of the two, founded in 1977; Fineco was founded in 1999.
Are Fineco and HYCM available in the same countries?
They overlap in 2 countries. Fineco is additionally available in 0 countries () and HYCM in 203 countries (Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda and 197 more).
Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.