HYCM vs EasyMarkets: Which Broker Suits Taiwan Traders in 2026?
Which broker is better for Taiwan traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Taiwan Traders
When comparing HYCM vs EasyMarkets for Taiwan traders in 2025, experienced retail traders need a broker that balances low costs, reliable execution, and local payment options. HYCM scores 3.6/5, offering advanced platforms like MT4/MT5 and competitive spreads, while EasyMarkets scores 3.4/5, emphasizing fixed spreads and a user-friendly web trader. Both accept Bank Transfer and Credit Card deposits in TWD, aligning with Taiwan's banking preferences. The FSC Taiwan does not directly regulate forex brokers, so traders must rely on international licenses. This comparison explores which broker best suits Taiwan's active trading community, from spread costs to deposit ease.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $20 | $25 | HYCM |
For Taiwan traders, trading costs vary significantly between HYCM and EasyMarkets. HYCM offers variable spreads from 0.2 pips on EUR/USD, with a commission of $3 per lot on raw accounts, ideal for high-volume scalpers. EasyMarkets uses fixed spreads starting at 1.2 pips on major pairs, with no commissions. A Taiwan trader executing 10 standard lots monthly would pay around $30 in spreads with HYCM versus $120 with EasyMarkets. However, EasyMarkets' fixed spreads protect against volatility during Asian session news events, a key consideration for local traders.
Account Types Comparison
| Account Type | HYCM | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $20 | $25 |
Leverage Comparison - Taiwan Traders
| Entity / Asset | HYCM | EasyMarkets |
|---|---|---|
| Taiwan (offshore) | Up to 1:500 | Up to 1:2000 |
| Forex major pairs | 1:500 | 1:2000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | HYCM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | HYCM |
| Crypto CFDs | 30+ | 20+ | HYCM |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | HYCM | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
HYCM provides MetaTrader 4 and MetaTrader 5, widely preferred by experienced Taiwan traders for advanced charting, algorithmic trading, and custom indicators. EasyMarkets offers its proprietary web trader and mobile app, which features a simplified interface and risk management tools like dealCancellation. For Taiwan traders who use Expert Advisors or require complex analysis, HYCM's MT platforms are superior. EasyMarkets' platform is better for those new to forex or trading on the go, with a clean design that reduces learning curve.
Execution Quality - Speed & Slippage
| Factor | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | HYCM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
HYCM uses No Dealing Desk (NDD) execution with low latency, averaging 0.1 seconds for order fills, suitable for scalping in Taiwan's active Asian sessions. EasyMarkets uses market execution with fixed spreads, preventing slippage but leading to requotes during high volatility. For Taiwan traders who trade news events or use scalping strategies, HYCM's execution is superior. EasyMarkets is better for those who prioritize price certainty over speed.
Regulation & Safety for Taiwan Traders
| Safety Factor | HYCM | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
HYCM is regulated by the FCA (UK) and CySEC, while EasyMarkets is regulated by CySEC and ASIC. Neither broker is directly overseen by the FSC Taiwan, which does not regulate forex brokers. For Taiwan traders, this means they rely on these international regulators for fund security. HYCM offers negative balance protection and segregated accounts, similar to EasyMarkets. Both brokers provide compensation schemes (e.g., ICF up to €20,000 for CySEC clients), offering a safety net for Taiwan traders in case of insolvency.
Deposits & Withdrawals for Taiwan
| Payment Method | HYCM | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 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. | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) |
Taiwan traders can fund their accounts at HYCM and EasyMarkets using Bank Transfer and Credit Card, both in TWD. HYCM processes local bank transfers via Taiwan banks like Cathay United Bank, with no fees and a minimum of $100. Credit Card deposits are instant, with a 2.5% processing fee at EasyMarkets but none at HYCM. Withdrawals take 1-3 business days for bank transfers and are free at both brokers. EasyMarkets requires account verification before withdrawals, while HYCM allows faster processing for verified accounts. For Taiwan traders, HYCM's lower deposit minimums and free Credit Card deposits are more accessible.
Islamic Accounts - Swap-Free for Taiwan Muslims
| Islamic Account Feature | HYCM | EasyMarkets |
|---|---|---|
| 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 HYCM and EasyMarkets offer Islamic (swap-free) accounts for Taiwan Muslim traders. HYCM provides swap-free accounts upon request, but positions held for more than 7 days may incur a fee. EasyMarkets automatically offers Islamic accounts with no overnight interest and no holding period restrictions. For Taiwan traders adhering to Sharia law, EasyMarkets is more accommodating, but HYCM's account is suitable for short-term traders. Both brokers require standard documentation for account opening.
Customer Support Comparison
| Support Feature | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | HYCM |
HYCM offers 24/5 customer support via live chat, email, and phone, with English and Chinese language options for Taiwan traders. EasyMarkets provides 24/5 support via live chat and phone, with a dedicated Mandarin-speaking team. Response times are under 2 minutes for live chat at both brokers. For Taiwan traders, EasyMarkets' Mandarin support is slightly more accessible, but HYCM's multilingual team still covers their needs effectively.
Mobile App Comparison
| Mobile Feature | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | HYCM |
| Google Play rating | 4.3 stars | 4.2 stars | HYCM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | HYCM | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | HYCM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
HYCM
EasyMarkets
Who Should Use Which Broker? - Taiwan Guide
Choose HYCM if you...
- Are an experienced Taiwan trader needing advanced MetaTrader 4/5 platforms.
- Focus on low spreads and high-volume trading to minimize costs.
- Prefer Bank Transfer deposits with no fees and fast processing.
- Require NDD execution for scalping or algorithmic trading.
Choose EasyMarkets if you...
- Are new to forex and want a simple, fixed-spread trading environment.
- Value price certainty and risk management tools like dealCancellation.
- Need an Islamic account with no holding restrictions.
- Prefer Mandarin customer support for easy communication.
FAQ - HYCM vs EasyMarkets in Taiwan
Final Verdict - Taiwan 2026
For experienced Taiwan traders, HYCM (score 3.6) is the better choice due to its lower spreads, advanced platforms, and flexible local payment options like Bank Transfer and Credit Card without fees. It suits active traders who need cost efficiency and execution speed. EasyMarkets (score 3.4) appeals to beginners or those seeking fixed spreads and a straightforward experience. While neither broker is regulated by FSC Taiwan, both offer adequate international protections. For most Taiwan traders prioritizing trading costs and platform power, HYCM provides a stronger overall package in 2025.