Compare HYCM Vs ActivTrades: Which is the Better Forex Broker in 2023?
HYCM Vs ActivTrades, 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 ActivTrades, here is the direct comparison:
|❗Information||Testimonials (58), News (1)||Testimonials (66), News (5), Promotions (1)|
|💲 Min Deposit||$100||$10|
|⚖ Max Leverage||1:325||1:400|
|💡 Min Position||0.01 lot||0.01 lot|
|💳 Payment||WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money and Crypto||Credit/debit cards, Neteller, PayPal, Skrill, SOFORT and Wire transfer|
|🧩 Demo Account|
|📁 Segregated Account|
|🕋 Islamic Account|
|👨💻 PAMM Account|
|📈 Managed Account|
|🇺🇸 US traders|
|🏆 Trading contests|
|⚡ Automated trading|
|💰 Bonus offers|
|📖 Free education|
|1️⃣ One-click trading|
|⏱ Trailing stop|
|⏳ Pending orders|
|Gold & Silver|
|🗣 Website Languages||Arabic, Russian, Chinese||Arabic, Bulgarian, Chinese, Dutch, English, French, German, Hungarian, Italian, Portuguese, Russian, Spanish|
|🚪 Trade Now||Open HYCM||Open ActivTrades|
TradingView Integrates with UK Broker ActivTrades
ActivTrades Appoints Vikeshkumar Purohit to Lead UK and DACH Markets
ActivTrades Announces 2021 Revenue Results
ActivTrades Chairman John Reed Resigns after 6 Years
ActivTrades Partners with Convrs
HYCM Launches Mobile App with Enhanced Functionality
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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, HYCM provides their pricing with Fixed spread while ActivTrades offers Variable spread.
HYCM vs ActivTrades: 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, ActivTrades provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days), ActivTrader with the support of One-click trading, Trailing stop, Pending orders.
Is HYCM or ActivTrades 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 ActivTrades presents the ability of trading with Forex, CFD, Spread betting, Crypto, Gold & silver, Oil, Stocks, Soft commodities, Metals, ETF.
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 HYCM and ActivTrades:
- Compare HYCM vs IG
- Compare HYCM vs Vantage
- Compare HYCM vs Xtrade
- Compare ActivTrades vs IronFX
- Compare ActivTrades vs FP Markets
- Compare ActivTrades vs Hantec Markets
For more comparisons, visit this page.