HYCM vs tastyfx (2026): regulation, platforms and costs compared

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

HYCM

Trust rank #30 · Editorial rating 8.7 / 10 · Founded 1977

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,…

Read the HYCM review

tastyfx

Trust rank #6 · Editorial rating 10 / 10 · Founded 2019

Tastyfx is a Commodity Futures Trading Commission ("CFTC") registered Retail Foreign Exchange Dealer (RFED) and Introducing Broker (IB) and Forex Dealer Member (FDM) of the National Futures Association ("NFA"). Review its fees,…

Read the tastyfx review

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. tastyfx (United States, founded 2019) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket.

Verdict at a glance

  • HYCM leads on track record, regulatory coverage, platform choice, instrument range and country coverage.
  • tastyfx leads on editorial rating, trust rank, fee level and tier-1 licences.

Scored on 9 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.

HYCM vs tastyfx: side-by-side data

CriteriaHYCMtastyfx
Editorial rating8.7 / 1010 / 10
Trust rank#30#6
Founded19772019
HeadquartersUnited KingdomUnited States
RegulatorsCIMA, CySEC, DFSA, FCACFTC, NFA
Broker typeMarket Maker, STPMarket Maker
PlatformsMT4, MT5Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsForex
Countries accepted205 countries1 countries
Fee levelMediumLow
Trading typesCFD Trading, Spot TradingSpot Trading
Best-for use casesProfessional Trading, Retail TradingRetail Trading

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

HYCM

  • Multi-jurisdiction regulation (FCA, CySEC, DFSA, CIMA)
  • MT4 and MT5 platforms with EA support
  • Multiple account types (Fixed, Classic, Raw) incl. Islamic accounts
  • Competitive pricing with tight raw spreads and low commissions
  • Negative balance protection and segregated client funds

tastyfx

  • Competitive spreads and commissions, advanced trading platforms, strong regulatory oversight, educational resources, responsive customer support.

Cons

HYCM

  • Offshore CIMA entity for most international clients
  • No guaranteed stop-loss orders
  • Inactivity fees on dormant accounts
  • Limited platforms (MT4/MT5 only; no cTrader)
  • Wider spreads on Standard/Fixed accounts

tastyfx

  • U.S.-only client eligibility
  • Forex-only product scope
  • No MT4/MT5 or cTrader support
  • Leverage capped at 50:1

Key features

HYCM

  • Regulated in the UK Cyprus UAE and Cayman Islands
  • MetaTrader 4 and MetaTrader 5 platforms
  • Account types Fixed Classic Raw
  • Forex and CFD trading on indices commodities and shares
  • Negative balance protection and segregated client funds
  • Support for algorithmic trading and expert advisors

tastyfx

  • CFTC and NFA regulated via IG US LLC
  • Spot forex trading across major minor and exotic pairs
  • Advanced web and mobile platforms with pro charting indicators and one click trading
  • Spread only pricing with competitive spreads and no commissions
  • Risk management tools including stop limit and trailing stop orders and price alerts
  • Integrated research economic calendar and tastylive education

Country availability: HYCM vs tastyfx

Only HYCM (205): Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei and 180 more.

Only tastyfx (1): United States of America.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

HYCM vs tastyfx: common questions

Which broker is more regulated, HYCM or tastyfx?

HYCM holds more regulatory licences: HYCM (CIMA, CySEC, DFSA, FCA) versus tastyfx (CFTC, NFA). Tier-1 licences: HYCM 1, tastyfx 2.

Which trading platforms do HYCM and tastyfx offer?

HYCM offers MT4, MT5; tastyfx offers Proprietary.

Which has lower fees, HYCM or tastyfx?

tastyfx is in the lower fee bracket (medium vs low) in our catalogue.

Which is older, HYCM or tastyfx?

HYCM is the older of the two, founded in 1977; tastyfx was founded in 2019.

Are HYCM and tastyfx available in the same countries?

They overlap in 0 countries. HYCM is additionally available in 205 countries (Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda and 199 more) and tastyfx in 1 countries (United States of America).

Keep comparing

HYCM

tastyfx

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.