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Comparison HighLow vs HYCM
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare HighLow vs HYCM. Which of them: HighLow or HYCM a better online broker?
First of all, we’ll compare the commission fees of the two brokers. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are HighLow provides customers with Options Trading, and HYCM provides customers with Stocks Trading, Forex Trading, Crypto Trading. Concerning the platforms, HighLow uses 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. HighLow was established in 2014 in Australia, and it is regulated by ASIC. And HYCM was established in 1977 in United Kingdom, and it is regulated by FCA, CySEC, CIMA. Withdrawal of funds from HighLow can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of 2% fee on all withdrawals. And HYCM provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in HighLow is 1 - 3 business days, and that one in HYCM is 1 - 7 business days.
As a result, the rating of HighLow is 4.6 stars versus that of HYCM of 4.8 stars.