Which broker is better for Uzbekistan traders in 2026? Expert analysis across 12 categories.
For Uzbekistan traders looking for a reliable forex broker in 2025, FxPro and HYCM are two well-established international options. Both accept clients from Uzbekistan and offer deposits via Bank Transfer, Skrill, Neteller, and USDT TRC20. FxPro scores 4.1/5 overall, praised for its tight spreads and fast execution, while HYCM scores 3.6/5 with a strong reputation for educational resources and a longer history. As a retail trader in Uzbekistan, you will want a broker that balances low costs, reliable withdrawals, and regulatory safety. This comparison will help you decide which broker fits your trading style, whether you trade major forex pairs, indices, or commodities. We will also cover Islamic account availability for Muslim traders and how each broker's regulation affects your funds' safety.
| Instrument | FxPro | HYCM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | HYCM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | HYCM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | HYCM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | HYCM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $20 | FxPro |
For Uzbekistan traders, trading costs are a key differentiator. FxPro offers RAW Spread accounts with spreads from 0.0 pips on EUR/USD plus a commission of $4.5 per lot. HYCM's fixed spread account starts at 1.2 pips on EUR/USD with no commission. On a standard lot (100,000 units) traded 10 times per month, FxPro's cost is approximately $45 in commission, while HYCM's cost is around $120 in spread. Over a year, that difference of $900 can be significant. However, HYCM's fixed spreads can be beneficial during volatile news events, while FxPro's variable spreads may widen. For high-volume traders in Uzbekistan, FxPro is generally more cost-effective.
| Account Type | FxPro | HYCM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $20 |
| Entity / Asset | FxPro | HYCM |
|---|---|---|
| Uzbekistan (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FxPro | HYCM | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | 20+ | FxPro |
| Stocks / Share CFDs | 1,000+ | ✗ | HYCM |
| ETFs | ✗ | ✗ | Tie |
| Platform | FxPro | HYCM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer the popular MetaTrader 4 and MetaTrader 5 platforms, which are widely used by Uzbekistan traders for their advanced charting and automated trading capabilities. FxPro also provides its proprietary cTrader platform, known for its intuitive interface and depth of market data. HYCM offers its own WebTrader for quick browser-based access. All platforms are available in multiple languages, including Russian, which is commonly spoken in Uzbekistan. Mobile trading apps are also available for both brokers, allowing you to manage your trades on the go. For traders who rely on Expert Advisors (EAs), both brokers support them on MT4/MT5.
| Factor | FxPro | HYCM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | HYCM |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro is known for its fast execution speeds, averaging under 12 milliseconds on its ECN accounts, which is beneficial for scalpers and high-frequency traders in Uzbekistan. HYCM offers execution speeds around 30-50 milliseconds, which is still competitive for most retail traders. Both brokers use No Dealing Desk (NDD) execution on their RAW/ECN accounts, meaning your orders are passed directly to liquidity providers without interference. FxPro has a slight edge in speed, but HYCM's execution is reliable and consistent.
| Safety Factor | FxPro | HYCM |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FxPro and HYCM are regulated by top-tier authorities: FxPro is regulated by the FCA (UK), CySEC (Cyprus), and SCB (Bahamas), while HYCM is regulated by the FCA, CySEC, and DFSA (Dubai). For Uzbekistan traders, this means your funds are held in segregated accounts and you have access to investor compensation schemes (up to £85,000 under FCA rules). The local financial regulator in Uzbekistan does not directly oversee these brokers, but international regulation provides a strong layer of protection. Always verify the regulatory status on the broker's website before depositing. Avoid unregulated clones by checking the official regulator registers.
| Payment Method | FxPro | HYCM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | E-Wallets (Skrill, Neteller, WebMoney): 1 hour to 1 business day.Credit/Debit Cards (Visa, Mastercard): 3 to 5 business days (after broker processing).Bank Wire Transfers: 3 to 7 business days depending on your bank and location. |
Uzbekistan traders can fund both FxPro and HYCM using Bank Transfer, Skrill, Neteller, and USDT TRC20. USDT TRC20 is particularly popular due to its speed (processed within minutes) and low fees (often $0-2). Skrill and Neteller deposits are usually instant and free, while bank transfers may take 1-3 business days. For withdrawals, both brokers aim to process requests within 24 hours for e-wallets and crypto. Bank withdrawals may take 2-5 business days. Minimum deposit amounts vary: FxPro requires $100 for most methods, while HYCM requires $50. Both brokers do not charge internal fees for deposits or withdrawals, but your bank or payment provider may apply their own charges. Always verify the latest payment methods on the broker's website.
| Islamic Account Feature | FxPro | HYCM |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FxPro and HYCM offer Islamic (swap-free) accounts for Muslim traders in Uzbekistan who wish to trade in accordance with Sharia law. These accounts do not charge or pay overnight swap fees on positions held beyond the daily rollover. FxPro provides Islamic accounts on all account types, while HYCM offers them on request. There are no additional fees for maintaining an Islamic account at either broker. However, some brokers may apply a small administrative fee after a certain holding period (e.g., 10 days). It is recommended to confirm the specific terms with customer support before opening an Islamic account. This ensures your trading remains compliant with your religious beliefs.
| Support Feature | FxPro | HYCM | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
Both brokers offer 24/5 customer support via live chat, email, and phone. FxPro provides support in multiple languages including Russian, which is widely spoken in Uzbekistan. HYCM also offers Russian-language support and has a dedicated team for Central Asian clients. Response times are generally fast, with live chat answering within 2-3 minutes. Email support may take up to 24 hours. For Uzbekistan traders, having support in Russian is a significant advantage for clear communication.
| Mobile Feature | FxPro | HYCM | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | HYCM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FxPro |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose HYCM if you...
For Uzbekistan traders in 2025, FxPro is the stronger choice overall, thanks to its lower trading costs, faster execution, and higher rating. It is especially suitable for active traders who trade frequently and want to minimize spreads. HYCM is a solid alternative if you prefer fixed spreads, a lower minimum deposit, or more educational content. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, and offer Islamic accounts for Muslim traders. Regulation by top-tier authorities (FCA, CySEC) ensures your funds are safe. Consider your trading style and volume before deciding. For most retail traders in Uzbekistan, FxPro offers better value.