Comparison EasyMarkets vs HYCM
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares EasyMarkets vs HYCM. Is EasyMarkets or HYCM a better online broker?
First of all, we’ll compare the commission fees of the two brokers. Now, let’s compare commission fees in Forex, the commission fee of EasyMarkets is from 1.8 pips, and the commission fee of HYCM is spreads from 0.2 pips. When analyzing commission fees in CFD: EasyMarkets provides from 5 pips, and HYCM provides spreads from 4 pips. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 45 pips and spreads from 30 pips for EasyMarkets and HYCM, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are EasyMarkets provides customers with Stocks Trading, Options Trading, Forex Trading, Crypto Trading, and HYCM provides customers with Stocks Trading, Forex Trading, Crypto Trading. As for platforms, EasyMarkets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App, while HYCM offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App.
Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. EasyMarkets was founded in 2001 in Cyprus, and it is regulated by CySEC, ASIC. And HYCM was founded in 1977 in United Kingdom, and it is regulated by FCA, CySEC, CIMA. We can withdraw funds from EasyMarkets with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And HYCM provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The time for withdrawal in EasyMarkets is 3 - 10 business days, and that one in HYCM is 1 - 7 business days.
As a result, the rating of EasyMarkets is 4.5 stars versus that of HYCM of 4.8 stars.