Compare HYCM Vs Exness: Which is the Better Forex Broker in 2024?
HYCM Vs Exness, 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 Exness, here is the direct comparison:
Compare | HYCM | Exness |
General Rating |
2.08/5 |
3.81/5 |
Score | ||
Trustpilot |
3.9/5 184 users |
4.5/5 5713 users |
πΌ Regulation | ||
β Info | ||
β Established | 1977 | 2008 |
π² Min Deposit | $100 | $10 |
β Max Leverage | 1:325 | 1:2000 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $4 | $3.50 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money and Crypto | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, Perfect Money, Crypto, Tether (USDT) and USD Coin (USDC) |
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 | ||
Silver | ||
Index | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Russian, Chinese | Arabic, Bengali/Bangla, German, English, Spanish, French, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Thai, Urdu, Vietnamese, Chinese |
πͺ Trade Now | Open HYCM | Open Exness |
Compare Again
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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Exness: need a little more improvement
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Exness: Recommended!
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Exness: Good but Customer Service is conserning
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Exness: Thrilled
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Exness: Dissapointing results
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See More HYCM Testimonials
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See More Exness Testimonials
News
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Exness Sees Trading Volumes Dip in February as Markets Remain Calm
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Exness Earns Accolades as a Top Workplace Worldwide in 2024
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HYCM Under New Management: Longtime Executives Lead Management Buyout
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Exness Achieves Record Monthly Volumes of $3.86 Trillion in January
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Damian Bunce Steps Down as Chief Customer Officer at Exness
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Exness Forex Broker Claims "Most Trusted" Title in MEA at iFX EXPO Dubai
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Exness Records $3.6 Trillion in December Trading Volume
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Exness Forex Broker Marks 15 Years with a Brand Revolution
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Exness Forex Broker Showcases B2B Expertise at iFX EXPO Dubai 2024
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See More Related HYCM News
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See More Related Exness News
Article
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How to Protect Your Exness Account from Frauds
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Exclusive Interview with Damian Bunce on the Success and Vision of Exness
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Exness Tick History Report: a Beginner's Guide
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Share and Make Money with Exness Social Trading
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Comparing Exness Vs XM Trading App
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Is Exness Standard Account Better than FP Markets?
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What is Exness Cost Saving Feature?
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Cut Your Trading Costs 50 Percent with Exness Dollar Rewards
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Achieve Elite Status through Exness Premier Level
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See More Related Exness Article
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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 Exness offers Variable spread.
HYCM vs Exness: 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, Exness provides trading with MetaTrader 4, MetaTrader 5, Social trading, Web with the support of One-click trading, Trailing stop, Pending orders.
Is HYCM or Exness 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 Exness presents the ability of trading with Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Metals, Energies, Crypto, Commodities.
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 Exness:
- Compare HYCM vs Axi
- Compare HYCM vs MTrading
- Compare HYCM vs ADSS
- Compare Exness vs FxPro
- Compare Exness vs Interactive Brokers
- Compare Exness vs FXTM
For more comparisons, visit this page.