Compare Axiory Vs HYCM: Which is the Better Forex Broker in 2024?
Axiory Vs HYCM, 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 Axiory Vs HYCM, here is the direct comparison:
Compare | Axiory | HYCM |
General Rating |
1.00/5 |
2.06/5 |
Score | ||
Trustpilot |
3.4/5 62 users |
3.7/5 185 users |
πΌ Regulation | ||
β Info | ||
β Established | 2011 | 1977 |
π² Min Deposit | $10 | $100 |
β Max Leverage | 1:777 | 1:325 |
π’ Spread | Floating | Fixed |
πΈ Commissions | $6 | $4 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Credit/debit cards, Sticpay, VLoad, local wire transfer options, Ethereum, Neteller, Skrill, UnionPay and Wire transfer | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money and Crypto |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | English,Russian,Arabic,Spanish,Portugese,Thai,Vietnamese | Arabic, Russian, Chinese |
πͺ Trade Now | Open Axiory | Open HYCM |
Compare Again
Testimonials
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Axiory: Trading with axiory has been great so far
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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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See More Axiory Testimonials
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See More HYCM Testimonials
News
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HYCM Europe Stops Accepting EU Clients After Renouncing CIF License
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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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HYCM Launches Mobile App with Enhanced Functionality
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See More Related HYCM News
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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, Axiory provides their pricing with Floating spread while HYCM offers Fixed spread.
Axiory vs HYCM: 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, Axiory enables trading with Hereby, Axiory offers you MetaTrader 4, MetaTrader 5, and cTrader. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, HYCM provides trading with MetaTrader 4, MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is Axiory or HYCM 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, Axiory supports trading with Forex, Gold & silver, CFD, Stocks, ETF, while HYCM presents the ability of trading with Forex, Crypto, Stocks, Indexes, Soft commodities, Metals, Energies.
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.
Looking for more references? Here are other comparisons related to Axiory and HYCM:
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- Compare Axiory vs FxPro
- Compare HYCM vs eToro
- Compare HYCM vs IC Markets
- Compare HYCM vs InstaForex
For more comparisons, visit this page.