Compare HYCM Vs easyMarkets: Which is the Better Forex Broker in 2024?
HYCM Vs easyMarkets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between HYCM Vs easyMarkets, here is the direct comparison:
Feature | HYCM | easyMarkets |
General Rating |
2.06/5 |
2.56/5 |
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Score | 60 | 68 | |
Trustpilot |
3.7/5 185 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 1977 | 2001 | |
💲 Min Deposit | $100 | $25 | |
⚖ Max Leverage | 1:325 | 1:400 | |
🔢 Spread | Fixed | Fixed | |
💸 Commissions | $4 | ||
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money and Crypto | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, BPAY, iDEAL, SOFORT, FasaPay, Crypto, Litecoin, giropay, Ethereum, Crypto Cash, Tether (USDT) and AstroPay | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | Arabic, Russian, Chinese | Arabic, German, English, Spanish, French, Polish, Russian, Vietnamese, Chinese |
🚪 Trade Now | Open HYCM | Open easyMarkets |
Testimonials
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HYCM: HYCM has consistently demonstrated reliability and trustworthiness
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HYCM: HYCM is a trading broker that exceeded my expectations
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HYCM: Happy to find these incredible guys
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HYCM: Can't tell how pleased I am
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HYCM: Accounts
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HYCM: HYCM has consistently demonstrated reliability and trustworthiness
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HYCM: HYCM is a trading broker that exceeded my expectations
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HYCM: Happy to find these incredible guys
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HYCM: Can't tell how pleased I am
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HYCM: Accounts
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easyMarkets: In the beginning EasyMarkets was a good broker, I almost...
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easyMarkets: Freeze Rate in EasyMarkets seems like a promising tool, since...
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easyMarkets: I have known easyMarket for quite a while, and I...
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easyMarkets: I just want to say that I really like their...
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easyMarkets: This is actually a good broker, but sometimes they took...
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HYCM: HYCM has consistently demonstrated reliability and trustworthiness
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See More HYCM Testimonials
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See More easyMarkets Testimonials
News
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HYCM Europe Stops Accepting EU Clients After Renouncing CIF License
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easyMarkets Crowns Trading Champions: $1 Million Crossbar Challenge Awaits at Bernabéu
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easyMarkets Crowned Best Forex/CFD Broker at 2023 TradingView Awards
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HYCM Under New Management: Longtime Executives Lead Management Buyout
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HYCM Unveils Dominic Poynter as CMO to Drive Strategic Marketing Vision
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HYCM Adds Zero Commission in Stock Trading
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easyMarkets Introduces Cash Indices with Narrower Spreads
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Anthony Darvall is Leaving easyMarkets after 15 Years
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Ohad Golan Steps Down as easyMarkets CMO
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easyMarkets Launches MetaTrader 5
Articles
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How to Open Account in easyMarkets
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How to Deposit and Withdraw from easyMarkets
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Protect Your Trades with Guaranteed Stop Loss from easyMarkets
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6 Advantages of Bitcoin Base Currency in easyMarkets
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easyMarkets Bonus Programs: a New Way to Get Extra Money
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How to Cancel Losing Trades in easyMarkets
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Guide to Forward FX Deals in easyMarkets
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What is easyMarkets Freeze Rate?
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, HYCM provides their pricing with Fixed spread while easyMarkets offers Fixed spread.
HYCM vs easyMarkets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, HYCM enables trading with MetaTrader 4, MetaTrader 5. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, easyMarkets provides trading with MetaTrader 4, easyMarkets Web Platform, MetaTrader 5 with the support of One-click trading, Pending orders.
Is HYCM or easyMarkets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, HYCM supports trading with Forex, Crypto, Stocks, Indexes, Soft commodities, Metals, Energies, while easyMarkets presents the ability of trading with Forex, Gold & silver, CFD, Oil, Stocks, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
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