Ayrex vs HYCM, Who's The Best?
Ayrex Rating
|
HYCM Rating
|
Your capital is at risk |
Losses can exceed deposits |
Ayrex vs HYCM Guide |
Read our In-Depth Ayrex vs HYCM Review - for 2024
Our Ayrex vs HYCM review has been revised to reflect any changes for 2024 by industry experts boasting significant financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Ayrex vs HYCM does not apply to all countries as follows:
Ayrex 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 Ayrex vs HYCM
All trading platforms feature some pros and cons, and a complete analysis of Ayrex vs HYCM cannnot be complete without having a fair assessment.
Assess HYCM and Ayrex to understand the way these platforms stack up with one another before you choose to open an account. Performing a side-by-side comparison will place factors into perspective in order that you remain aware of the expectations.
So you are looking for an online trading platform and are choosing between Ayrex or HYCM. Who should you choose?
Our Ayrex vs HYCM comparison contains the latest information so you can easily compare HYCM against Ayrex.
If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all the concepts of broker since you continue trading. For starters, you need to select the ideal agent who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. Ayrex and HYCM are just two such companies that will take you along with your investment to great heights. It's crucial to compare Ayrex vs HYCM before you trust them with your cash.
Our Ayrex vs HYCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Ayrex and HYCM side by side.
Our full Ayrex vs HYCM Review covers all you will need to learn about trading with either Ayrex or HYCM. A fantastic broker can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
Ayrex and HYCM are both brokers that have paved their way successfully into the broker world. In this review, we've tried to collate a number of the vital aspects of both Ayrex and HYCM. This review will help you to understand whether either HYCM or Ayrex is a good match for your investments or not. We've tried to breakdown all the features and fees for your advantage.
Benefits of Ayrex and HYCM Compared
Ayrex offers a minimum deposit of $250 while HYCM has a $100 minimum deposit.
Why smaller minimum deposits are good and how Ayrex 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.
Ayrex allows you to trade around 40 financial instruments whilst HYCM allows you to trade around 40 financial instruments on their platform.
The more financial instruments you can trade on the Ayrex 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 should never want to miss out on a trading opportunity due to the limitations of Ayrex or HYCM.
Ayrex and HYCM Contact Details
Being able to contact a broker simply is vital. Ayrex and HYCM have the following contact details and social medias that you can use.
Broker | Ayrex | HYCM |
---|---|---|
Telephone Number | +44 20 8816 7812 | |
support@hycm.com | ||
Address | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN | |
Ayrex Twitter Account | HYCM Twitter Account | |
Ayrex Facebook Page | HYCM Facebook Page | |
Ayrex Instagram Account | HYCM Instagram Account | |
Ayrex LinkedIn Page | HYCM LinkedIn Page | |
YouTube | Ayrex YouTube Channel | HYCM YouTube Channel |
Find Out More |
|
|
HYCM and Ayrex 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 Ayrex 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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?
Ayrex vs HYCM - Awards
Ayrex vs HYCM - Frequently Asked Questions
Ayrex vs HYCM - Headquarters And Year Of Founding
Ayrex was founded in 2016 and has its head office in Cyprus.
HYCM was founded in 1977 and has its headquaters in UK.
What is the minimum deposit for HYCM or Ayrex
The minimum deposit for Ayrex is $250.
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 Ayrex and HYCM are a good choice.
Ayrex vs HYCM - Regulation And Licencing In More Detail
Ayrex is regulated by Cyprus Securities and Exchange Commission (CySEC).
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 Ayrex and HYCM have a strong set of rules for ensuring fair trading on their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare Ayrex vs HYCM Commission And Fees
Ayrex and HYCM are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly 3 different types of penalties for this objective.
The first kind of charges to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such cases, you're paying a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling price. Funding or overnight prices are people who are charged when you hold a leveraged position for more than a day.
Apart from trading charges, online brokers also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither Ayrex or HYCM charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by Ayrex and HYCM are comparatively higher. Consequently, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Ayrex vs HYCM review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Ayrex And HYCM
Broker | Ayrex | HYCM |
---|---|---|
Minimum Deposit | $250 | $100 |
Withdrawal Fees | Yes | Yes |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | No | No |
Find Out More |
|
|
What Languages Do Ayrex And HYCM Support?
Being able to talk completely with your trading broker is a key part of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you can find all the languages that both Ayrex and HYCM support.
Broker | Ayrex | HYCM |
---|---|---|
Languages Supported | English, and Chinese | English, Chinese, Chinese (Traditional), Arabic, and Russian |
Find Out More |
|
|
How Many Clients Do Ayrex and HYCM Have?
Both Ayrex and HYCM are well established with their client base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many customers Ayrex and HYCM are active on their platform
Broker | Ayrex | HYCM |
---|---|---|
Clients / Users | 10,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do Ayrex and HYCM Accept?
Ayrex 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 Ayrex and HYCM
Broker | Ayrex | HYCM |
---|---|---|
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | No | Yes |
Skrill | No | Yes |
Payoneer | Yes | Yes |
Neteller | No | Yes |
Find Out More |
|
|
What Can You Trade With Ayrex and HYCM?
Ayrex offers 40 trading instruments whilst HYCM offers 100.
Below you will find a full breakdown of what both Ayrex and HYCM offer.
Ayrex Review
Ayrex vs HYCM:
Table Of Contents
- Compare Ayrex vs HYCM
- Benefits of Ayrex and HYCM Compared
- HYCM and Ayrex Mobile App Comparison
- Ayrex vs HYCM - Awards
- Ayrex vs HYCM - Frequently Asked Questions
- What is the minimum deposit for HYCM or Ayrex
- Ayrex vs HYCM - Regulation And Licencing In More Detail
- Compare Broker Fees For Ayrex And HYCM
- What Languages Do Ayrex And HYCM Support?
- How Many Clients Do Ayrex and HYCM Have?
- What Payment Methods Do Ayrex and HYCM Accept?
- What Can You Trade With Ayrex and HYCM?