titan fx vs HYCM, Updated for 2024
titan fx Rating
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HYCM Rating
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Your capital is at risk |
Losses can exceed deposits |
titan fx vs HYCM Guide |
Read our In-Depth titan fx vs HYCM Review - 2024 Update
Our review comparing titan fx and HYCM has been revised to reflect any changes for 2024 by knowledgeable insiders with considerable expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of titan fx vs HYCM does not apply to all countries as follows:
titan fx 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 titan fx vs HYCM
Each trading platforms will have a few pros and cons, and a complete analysis of titan fx vs HYCM would not be regarded as thorough without adopting a balanced approach.
Compare HYCM and titan fx to understand how these platforms line up to each before you choose to make an account. Performing a side-by-side comparison will place factors in perspective to ensure that you remain informed about what to expect.
So you are looking for an online trading platform and are choosing between titan fx or HYCM. Who should you choose?
Our titan fx vs HYCM comparison contains the most recent information so you can easily compare HYCM against titan fx.
If you're a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll get adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal broker who will be clear with you constantly.
Within this fast-paced universe 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. titan fx and HYCM are two such stages which will take you along with your investment into great heights. It is important that you compare titan fx vs HYCM until you trust them with your cash.
Our titan fx vs HYCM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust titan fx and HYCM side by side.
Our entire titan fx vs HYCM Review covers all you need to know about trading using either titan fx or HYCM. A good broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you choose them. It is a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
titan fx and HYCM are both brokers which have paved their way successfully into the brokerage world. Within this review, we've tried to collate some of the vital aspects of both titan fx and HYCM. This review can help you to understand whether either HYCM or titan fx is a good match for your investments or not. We have attempted to breakdown all the qualities and charges for your convenience.
Benefits of titan fx and HYCM Compared
titan fx offers a minimum deposit of $250 while HYCM has a $100 minimum deposit.
Why smaller minimum deposits are good and how titan fx 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.
titan fx has around 208 financial instruments whilst HYCM has around 208 financial instruments on their platform.
The more instruments you can trade on the titan fx 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 titan fx or HYCM.
titan fx and HYCM Contact Details
Being able to contact an online trading platform through many ways is important. titan fx and HYCM have the following contact details and social medias that you can use.
Broker | titan fx | HYCM |
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Telephone Number | +44 20 8816 7812 | |
support@hycm.com | ||
Address | 3rd Floor, 28 Throgmorton St, London, Greater London EC2N 2AN | |
titan fx Twitter Account | HYCM Twitter Account | |
titan fx Facebook Page | HYCM Facebook Page | |
titan fx Instagram Account | HYCM Instagram Account | |
titan fx LinkedIn Page | HYCM LinkedIn Page | |
YouTube | titan fx YouTube Channel | HYCM YouTube Channel |
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HYCM and titan fx 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 titan fx and HYCM 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?
titan fx vs HYCM - Awards
titan fx vs HYCM - Frequently Asked Questions
titan fx vs HYCM - Headquarters And Year Of Founding
titan fx was founded in 2010 and has its head office in United Kingdom.
HYCM was founded in 1977 and has its head office in UK.
What is the minimum deposit for HYCM or titan fx
The minimum deposit for titan fx is $250.
The minimum deposit for HYCM is $100.
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 titan fx and HYCM are a good option.
titan fx vs HYCM - Regulation And Licencing In More Detail
titan fx 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-F325.
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 titan fx and HYCM have a strong set of rules for ensuring honest trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare titan fx vs HYCM Commission And Fees
titan fx 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 brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
But this does not necessarily 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 types of fees for this objective.
The first kind of fees to look out for are trading fees. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're spending a spread, funding rate, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither titan fx or HYCM charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often trade, such as daily or weekly trading.
But, non-trading fees charged by titan fx and HYCM are comparatively lower. Consequently, you are charged more for non-trading activities in your trading account, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This titan fx vs HYCM review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For titan fx And HYCM
Broker | titan fx | HYCM |
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Minimum Deposit | $250 | $100 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
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What Languages Do titan fx And HYCM Support?
Being able to chat easily with your online broker is a key part of comparing brokers to find the best 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 part of success when trading forex.
Below you can find the languages that both titan fx and HYCM support.
How Many Clients Do titan fx and HYCM Have?
Both titan fx 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 they already work with.
Below you will find details of how many users titan fx and HYCM have
Broker | titan fx | HYCM |
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Clients / Users | 14,000,000+ | 10,000+ |
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What Payment Methods Do titan fx and HYCM Accept?
titan fx 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 titan fx and HYCM
Broker | titan fx | HYCM |
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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 titan fx and HYCM?
titan fx offers 208 trading instruments whilst HYCM offers 100.
Below you will find a full breakdown of what both titan fx and HYCM offer.
titan fx Review
titan fx vs HYCM:
Table Of Contents
- Compare titan fx vs HYCM
- Benefits of titan fx and HYCM Compared
- HYCM and titan fx Mobile App Comparison
- titan fx vs HYCM - Awards
- titan fx vs HYCM - Frequently Asked Questions
- What is the minimum deposit for HYCM or titan fx
- titan fx vs HYCM - Regulation And Licencing In More Detail
- Compare Broker Fees For titan fx And HYCM
- What Languages Do titan fx And HYCM Support?
- How Many Clients Do titan fx and HYCM Have?
- What Payment Methods Do titan fx and HYCM Accept?
- What Can You Trade With titan fx and HYCM?