Ayondo vs HYCM, 2024 Update
Ayondo Rating
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HYCM Rating
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77.2% of retail investor accounts lose money when trading CFDs with this provider. |
Losses can exceed deposits |
Ayondo vs HYCM Guide |
Read our In-Depth Ayondo vs HYCM Review - for 2024
This review comparing Ayondo and HYCM has been updated for 2024 from industry experts with extensive financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Ayondo vs HYCM does not apply to all countries as follows:
Ayondo Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
HYCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Ayondo vs HYCM
Every platforms for online trading will have a few advantages and disadvantages, and a complete analysis of Ayondo vs HYCM cannnot be complete without adopting an objective perspective.
Assess Ayondo and HYCM to understand the way they line up against each prior to you choose to open an account. Performing a comparative analysis can place factors into perspective so that you remain informed about what you should anticipate.
So you are looking for a broker and are choosing between Ayondo or HYCM. Who is better in 2024?
This Ayondo vs HYCM comparison contains the most recent information so you can easily compare HYCM against Ayondo.
If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all the concepts of brokerage as you keep trading. For starters, you need to choose the ideal broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Ayondo and HYCM are just two such trading platforms which will take you along with your investment into great heights. It's important to compare Ayondo vs HYCM before you trust them with your money.
Our Ayondo vs HYCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Ayondo and HYCM side by side.
Our full Ayondo vs HYCM Review covers everything you need to learn about trading with either Ayondo or HYCM. A fantastic broker can multiply your first investments and provide you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you select them. It is a common misconception that all agents will be the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
Ayondo and HYCM are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate a number of the vital facets of both Ayondo and HYCM. This review can help you to know whether either HYCM or Ayondo is a fantastic match for your investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of Ayondo and HYCM Compared
Ayondo offers a minimum deposit of $1 while HYCM has a $100 minimum deposit.
Why smaller minimum deposits are good and how Ayondo and HYCM compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Ayondo allows you to trade around 100 financial instruments while HYCM allows you to trade around 100 on their platform.
The more financial instruments you can trade on the Ayondo and HYCM platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of Ayondo or HYCM.
Ayondo and HYCM Contact Details
Being able to contact a broker easily is vital. Ayondo and HYCM have the following contact details and social medias that you can use.
Broker | Ayondo | HYCM |
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Telephone Number | +44 203 330 0865 | +44 20 8816 7812 |
support@ayondo.com | support@hycm.com | |
Address | 10 East Rd, London, Greater London N1 6AD, GB | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN |
Ayondo Twitter Account | HYCM Twitter Account | |
Ayondo Facebook Page | HYCM Facebook Page | |
Ayondo Instagram Account | HYCM Instagram Account | |
Ayondo LinkedIn Page | HYCM LinkedIn Page | |
YouTube | Ayondo YouTube Channel | HYCM YouTube Channel |
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HYCM and Ayondo Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Ayondo and HYCM we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Ayondo vs HYCM - Awards
Ayondo vs HYCM - Frequently Asked Questions
Ayondo vs HYCM - Headquarters And Year Of Founding
Ayondo was founded in 2008 and has its head office in London.
HYCM was founded in 1977 and has its head office in UK.
What is the minimum deposit for HYCM or Ayondo
The minimum deposit for Ayondo is $1.
The minimum deposit for HYCM is $100.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Ayondo and HYCM are a good option.
Ayondo vs HYCM - Regulation And Licencing In More Detail
Ayondo is regulated by Financial Conduct Authority (FCA).
HYCM is regulated by Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048.
Both Ayondo and HYCM have a powerful collection of rules for ensuring honest trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Ayondo vs HYCM Commission And Fees
Ayondo and HYCM are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of fees for this purpose.
The first sort of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you are paying a spread, funding speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are those that are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither Ayondo or HYCM charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who often trade, such as weekly or daily trading.
But, non-trading fees charged by Ayondo and HYCM are relatively lower. Consequently, you're charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. These aren't about the sale and purchase of resources.
This Ayondo vs HYCM review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For Ayondo And HYCM
What Languages Do Ayondo And HYCM Support?
Being able to communicate completely with your trading platform is a key element when comparing brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their website and inside their application as it is a key part of success when trading online.
Here you can find the languages that both Ayondo and HYCM support.
How Many Clients Do Ayondo and HYCM Have?
Both Ayondo and HYCM are well established with their client base. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many users Ayondo and HYCM have
Broker | Ayondo | HYCM |
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Clients / Users | 10,000+ | 10,000+ |
Find Out More |
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What Payment Methods Do Ayondo and HYCM Accept?
Ayondo and HYCM both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Ayondo and HYCM
What Can You Trade With Ayondo and HYCM?
Ayondo offers 100 trading instruments while HYCM offers 100.
Below you will find a full breakdown of what both Ayondo and HYCM offer.
Ayondo Review
Ayondo vs HYCM:
Table Of Contents
- Compare Ayondo vs HYCM
- Benefits of Ayondo and HYCM Compared
- HYCM and Ayondo Mobile App Comparison
- Ayondo vs HYCM - Awards
- Ayondo vs HYCM - Frequently Asked Questions
- What is the minimum deposit for HYCM or Ayondo
- Ayondo vs HYCM - Regulation And Licencing In More Detail
- Compare Broker Fees For Ayondo And HYCM
- What Languages Do Ayondo And HYCM Support?
- How Many Clients Do Ayondo and HYCM Have?
- What Payment Methods Do Ayondo and HYCM Accept?
- What Can You Trade With Ayondo and HYCM?