HYCM vs Nabtrade, 2024 Update
HYCM Rating
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Nabtrade Rating
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Losses can exceed deposits |
Your capital is at risk |
HYCM vs Nabtrade Guide |
Read our In-Depth HYCM vs Nabtrade Review - Updated for 2024
Our comprehensive analysis of HYCM and Nabtrade has been revised for 2024 from seasoned professionals boasting years of financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of HYCM vs Nabtrade does not apply to all countries as follows:
HYCM Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Nabtrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare HYCM vs Nabtrade
Every online trading platforms feature some pros and cons, so a complete review of HYCM and Nabtrade cannnot be complete without embracing a fair assessment.
Compare HYCM and Nabtrade to understand just how they compare against one another prior to you make an account. Performing a comparative analysis helps to bring aspects in perspective in order that you remain informed about what to expect.
So you are looking for a reputable broker and are choosing between HYCM or Nabtrade. Which one is best in 2024?
This HYCM vs Nabtrade comparison contains the latest information so you can easily compare Nabtrade against HYCM.
If you're a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will get proficient at all the concepts of broker since you continue trading. For starters, you need to choose the right broker who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to create hefty returns. HYCM and Nabtrade are two such trading platforms that will take you along with your investment into great heights. It is important that you compare HYCM vs Nabtrade until you trust them with your money.
Our HYCM vs Nabtrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust HYCM and Nabtrade side by side.
Our entire HYCM vs Nabtrade Review covers all you will need to learn about trading using either HYCM or Nabtrade. A fantastic broker can multiply your initial investments and give you positive profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It's a frequent misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, initially, can set your investments at risk.
HYCM and Nabtrade are both brokers which have paved their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the vital aspects of both HYCM and Nabtrade. This review can help you to understand whether either Nabtrade or HYCM is a fantastic match for your investments or not. We have tried to breakdown all the qualities and fees for your convenience.
Benefits of HYCM and Nabtrade Compared
HYCM has a minimum deposit of $100 while Nabtrade has a $100 minimum deposit.
Why smaller minimum deposits are good and how HYCM and Nabtrade 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.
HYCM allows you to trade around 100 financial instruments whilst Nabtrade allows you to trade around 100 available.
The more instruments you can trade on the HYCM and Nabtrade trading 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 never want to miss out on a trading opportunity due to the limitations of HYCM or Nabtrade.
HYCM and Nabtrade Contact Details
Being able to contact a broker easily is a sign of a professional broker. HYCM and Nabtrade have the following contact details and social medias that you can use.
Broker | HYCM | Nabtrade |
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Telephone Number | +44 20 8816 7812 | |
support@hycm.com | ||
Address | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN | |
HYCM Twitter Account | Nabtrade Twitter Account | |
HYCM Facebook Page | Nabtrade Facebook Page | |
HYCM Instagram Account | Nabtrade Instagram Account | |
HYCM LinkedIn Page | Nabtrade LinkedIn Page | |
YouTube | HYCM YouTube Channel | Nabtrade YouTube Channel |
Find Out More |
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Nabtrade and HYCM Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing HYCM and Nabtrade will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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?
HYCM vs Nabtrade - Awards
HYCM vs Nabtrade - Frequently Asked Questions
HYCM vs Nabtrade - Headquarters And Year Of Founding
HYCM was founded in 1977 and has its head office in UK.
Nabtrade was founded in 2008 and has its head office in USA.
What is the minimum deposit for Nabtrade or HYCM
The minimum deposit for HYCM is $100.
The minimum deposit for Nabtrade 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 HYCM and Nabtrade are a good choice.
HYCM vs Nabtrade - Regulation And Licencing In More Detail
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.
Nabtrade is regulated by Unregulated.
Nabtrade is unregulated but HYCM has a strong collection of rules for ensuring fair trading on its individual platforms. For information encryption functions, they provide industry-standard secure socket layer (SSL).
As per their own privacy policy, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare HYCM vs Nabtrade Commission And Fees
HYCM and Nabtrade are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly 3 different types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you're spending a spread, funding rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither HYCM or Nabtrade charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by HYCM and Nabtrade are relatively competitive. Consequently, you're billed more for non-trading activities in your trading accounts, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This HYCM vs Nabtrade review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For HYCM And Nabtrade
Broker | HYCM | Nabtrade |
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Minimum Deposit | $100 | $100 |
Withdrawal Fees | Yes | No |
Inactivity Fees | Yes | No |
Deposit Fees | No | No |
CFD Fees | No | No |
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What Languages Do HYCM And Nabtrade Support?
Being able to chat completely with your trading platform is a key way of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find all the languages that both HYCM and Nabtrade offer communication in.
Broker | HYCM | Nabtrade |
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Languages Supported | English, Chinese, Chinese (Traditional), Arabic, and Russian | English, and Chinese |
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How Many Clients Do HYCM and Nabtrade Have?
Both HYCM and Nabtrade are well established with their customer base. It is important to work with an online broker that is reputable and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients HYCM and Nabtrade have
Broker | HYCM | Nabtrade |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do HYCM and Nabtrade Accept?
HYCM and Nabtrade 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 HYCM and Nabtrade
Broker | HYCM | Nabtrade |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | Yes | Yes |
Neteller | Yes | No |
Find Out More |
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What Can You Trade With HYCM and Nabtrade?
HYCM offers 100 trading instruments and Nabtrade offers 253.
Below you will find a full breakdown of what both HYCM and Nabtrade offer.
HYCM Review
HYCM vs Nabtrade:
Table Of Contents
- Compare HYCM vs Nabtrade
- Benefits of HYCM and Nabtrade Compared
- Nabtrade and HYCM Mobile App Comparison
- HYCM vs Nabtrade - Awards
- HYCM vs Nabtrade - Frequently Asked Questions
- What is the minimum deposit for Nabtrade or HYCM
- HYCM vs Nabtrade - Regulation And Licencing In More Detail
- Compare Broker Fees For HYCM And Nabtrade
- What Languages Do HYCM And Nabtrade Support?
- How Many Clients Do HYCM and Nabtrade Have?
- What Payment Methods Do HYCM and Nabtrade Accept?
- What Can You Trade With HYCM and Nabtrade?