HYCM vs highlow, for 2024
HYCM Rating
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highlow Rating
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Losses can exceed deposits |
Your capital is at risk |
HYCM vs highlow Guide |
Read our In-Depth HYCM vs highlow Review - 2024 Update
Our review comparing HYCM and highlow has been updated to reflect any changes for 2024 from seasoned professionals boasting considerable financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of HYCM vs highlow 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.
highlow Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare HYCM vs highlow
Every platforms for online trading has some pros and cons, so any comprehensive analysis of HYCM vs highlow should not be regarded as thorough without adopting a fair assessment.
Examine HYCM and highlow in order to understand just how they stack up with each before you decide to create an account. Performing a comparative analysis will place factors into perspective so that you are aware of what you should anticipate.
So you are looking for a professional broker and are choosing between HYCM or highlow. Who is better in 2024?
Our HYCM vs highlow comparison contains the most recent information so you can easily compare highlow against HYCM.
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 comprehensive knowledge. You will acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you need to choose the right agent who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. HYCM and highlow are two such trading platforms which will take you and your investment to great heights. It is crucial that you compare HYCM vs highlow before you trust them with your cash.
Our HYCM vs highlow comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust HYCM and highlow side by side.
Our full HYCM vs highlow Review covers all you need to know about trading using either HYCM or highlow. A good broker can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It is a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
HYCM and highlow are both brokers that have paved their way successfully to the broker world. In this review, we have tried to collate some of the vital aspects of both HYCM and highlow. This review can help you to know whether either highlow or HYCM is a fantastic match for your own investments or not. We have tried to breakdown all the qualities and charges for your convenience.
Benefits of HYCM and highlow Compared
HYCM has a minimum deposit of $100 while highlow has a $250 minimum deposit.
Why smaller minimum deposits are good and how HYCM and highlow 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 highlow has around 100 on their platform.
The more financial instruments you can trade on the HYCM and highlow 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 highlow.
HYCM and highlow Contact Details
Being able to contact a broker through many ways is important. HYCM and highlow have the following contact details and social medias that you can use.
Broker | HYCM | highlow |
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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 | highlow Twitter Account | |
HYCM Facebook Page | highlow Facebook Page | |
HYCM Instagram Account | highlow Instagram Account | |
HYCM LinkedIn Page | highlow LinkedIn Page | |
YouTube | HYCM YouTube Channel | highlow YouTube Channel |
Find Out More |
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highlow and HYCM Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing HYCM and highlow will examine whether their mobile app meets all our requirements.
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?
HYCM vs highlow - Awards
HYCM vs highlow - Frequently Asked Questions
HYCM vs highlow - Headquarters And Year Of Founding
HYCM was founded in 1977 and has its head office in UK.
highlow was founded in 2011 and has its head office in Australia.
What is the minimum deposit for highlow or HYCM
The minimum deposit for HYCM is $100.
The minimum deposit for highlow is $250.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both HYCM and highlow are a good option.
HYCM vs highlow - 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.
highlow is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F254.
Both HYCM and highlow have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare HYCM vs highlow Commission And Fees
HYCM and highlow are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of fees for this purpose.
The first kind of fees to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you are paying a spread, financing rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling price. Financing or overnight prices are people that are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither HYCM or highlow charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who often trade, for example weekly or daily trading.
However, non-trading fees charged by HYCM and highlow are relatively greater. As a result, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of assets.
This HYCM vs highlow review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For HYCM And highlow
Broker | HYCM | highlow |
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Minimum Deposit | $100 | $250 |
Withdrawal Fees | Yes | No |
Inactivity Fees | Yes | No |
Deposit Fees | No | Yes |
CFD Fees | No | Yes |
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What Languages Do HYCM And highlow Support?
Being able to talk easily with your trading platform is a key way of comparing trading platforms to find your perfect trading partner. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading online.
Below you will find the languages that both HYCM and highlow offer communication in.
How Many Clients Do HYCM and highlow Have?
Both HYCM and highlow are well established with their customer base. It is important to work with an online broker that is reputable and one of the most simple 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 highlow have
Broker | HYCM | highlow |
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Clients / Users | 10,000+ | 150,000+ |
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What Payment Methods Do HYCM and highlow Accept?
HYCM and highlow 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 highlow
Broker | HYCM | highlow |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | Yes |
Skrill | Yes | Yes |
Payoneer | Yes | Yes |
Neteller | Yes | Yes |
Find Out More |
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What Can You Trade With HYCM and highlow?
HYCM offers 100 trading instruments and highlow offers 137.
Below you will find a full breakdown of what both HYCM and highlow offer.
HYCM Review
HYCM vs highlow:
Table Of Contents
- Compare HYCM vs highlow
- Benefits of HYCM and highlow Compared
- highlow and HYCM Mobile App Comparison
- HYCM vs highlow - Awards
- HYCM vs highlow - Frequently Asked Questions
- What is the minimum deposit for highlow or HYCM
- HYCM vs highlow - Regulation And Licencing In More Detail
- Compare Broker Fees For HYCM And highlow
- What Languages Do HYCM And highlow Support?
- How Many Clients Do HYCM and highlow Have?
- What Payment Methods Do HYCM and highlow Accept?
- What Can You Trade With HYCM and highlow?