Comparison HYCM vs IFC Markets

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares HYCM vs IFC Markets. Is HYCM or IFC Markets a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of HYCM on regular transactions of the stock exchange is spreads vary, and IFC Markets has a commission fee of from 0.1%. For trading in Forex, the commission fee of HYCM is spreads from 0.2 pips, while the commission fee of IFC Markets is spreads from 0.4 pips. When analyzing commission fees in CFD: HYCM provides spreads from 4 pips, and IFC Markets provides spreads from 34 pips. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: spreads from 30 pips and fixed spreads at 45 pips for HYCM and IFC Markets, 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, Forex Trading, Crypto Trading are provided to customers by HYCM and Stocks Trading, ETFs Trading, Forex Trading, Futures Trading, Crypto Trading are provided by IFC Markets. As for platforms, HYCM offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while IFC Markets offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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. HYCM was founded in 1977 in United Kingdom, and it is regulated by FCA, CySEC, CIMA. And IFC Markets was founded in 2006 in British Virgin Islands, and it is regulated by BVI FSC. We can withdraw funds from HYCM with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And IFC Markets provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is fees vary. The time for withdrawal in HYCM is 1 - 7 business days, and that one in IFC Markets is 1 - 5 business days.

Overall, HYCM boasts 4.8 stars versus IFC Markets 4.8 stars.