Comparison DEGIRO vs HYCM

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare DEGIRO vs HYCM. Which of them: DEGIRO or HYCM a better online broker?

First of all, we’ll compare the commission fees of the two brokers. DEGIRO has a commission fee of 4, and HYCM has a commission fee of spreads vary. For trading in Forex, the commission fee of DEGIRO is 5, while the commission fee of HYCM is spreads from 0.2 pips. We can also analyze commission fees for trading CFD: they are 4 in DEGIRO vs spreads from 4 pips in HYCM. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: - and spreads from 30 pips for DEGIRO and HYCM, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading are provided to customers by DEGIRO and Stocks Trading, Forex Trading, Crypto Trading are provided by HYCM. Concerning the platforms, DEGIRO uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App, while HYCM uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. DEGIRO was established in 2013 in Netherlands, and it is regulated by AFM, DNB. And HYCM was established in 1977 in United Kingdom, and it is regulated by FCA, CySEC, CIMA. We can withdraw funds from DEGIRO with the help of Bank Wire, and its withdrawal fee is 0. And HYCM provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. The withdrawal time for DEGIRO is 1-2 business days, and that one for HYCM is 1 - 7 business days.

Overall, DEGIRO boasts 4.1 stars versus HYCM 4.8 stars.