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Data refreshed 24 Jul 2026 · Compiled by David Ispiryan
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 reviewTrust rank #22 · Editorial rating 9.1 / 10 · Founded 2017
tastytrade provides forex trading through its tastyfx platform, offering access to a wide range of currency pairs on an intuitive interface with built-in tools and education. It delivers a focused, platform-driven forex…
Read the tastytrade reviewHYCM (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. tastytrade (United States, founded 2017) holds 2 regulatory licences (CFTC, NFA), 2 of them tier-1, offers Proprietary and sits in our medium-fee bracket. The two overlap in 50 countries; HYCM is available in 155 countries where tastytrade is not, and tastytrade in 6 where HYCM is not.
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.
| Criteria | HYCM | tastytrade |
|---|---|---|
| Editorial rating | 8.7 / 10 | 9.1 / 10 |
| Trust rank | #30 | #22 |
| Founded | 1977 | 2017 |
| Headquarters | United Kingdom | United States |
| Regulators | CIMA, CySEC, DFSA, FCA | CFTC, NFA |
| Broker type | Market Maker, STP | Market Maker |
| Platforms | MT4, MT5 | Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Forex |
| Countries accepted | 205 countries | 56 countries |
| Fee level | Medium | Medium |
| Trading types | CFD Trading, Spot Trading | Spot Trading |
| Best-for use cases | Professional Trading, Retail Trading | Retail 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.
Available at both (50): Andorra, Argentina, Austria, Bahrain, Brazil, Chile, Colombia, Czechia, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, French Polynesia, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Liechtenstein, Lithuania, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Oman, Peru, Poland, Romania, San Marino, Saudi Arabia, Singapore and 10 more.
Only HYCM (155): Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bangladesh, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brunei, Bulgaria, Burundi, Cabo Verde, Cameroon, Central African Republic and 130 more.
Only tastytrade (6): Belgium, France, Philippines, Portugal, Spain, 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 holds more regulatory licences: HYCM (CIMA, CySEC, DFSA, FCA) versus tastytrade (CFTC, NFA). Tier-1 licences: HYCM 1, tastytrade 2.
HYCM offers MT4, MT5; tastytrade offers Proprietary.
Both sit in the same fee bracket (medium) in our catalogue; compare the spreads and commission rows above for detail.
HYCM is the older of the two, founded in 1977; tastytrade was founded in 2017.
They overlap in 50 countries. HYCM is additionally available in 155 countries (Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Armenia and 149 more) and tastytrade in 6 countries (Belgium, France, Philippines, Portugal, Spain, United States of America).
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.