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Comparison HYCM vs PaxForex

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares HYCM vs PaxForex. Is HYCM or PaxForex 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 PaxForex has a commission fee of spreads from 5 pips. For trading in Forex, the commission fee of HYCM is spreads from 0.2 pips, while the commission fee of PaxForex is spreads from 0.4 pips. We can also analyze commission fees for trading CFD: they are spreads from 4 pips in HYCM vs spreads from 5 pips in PaxForex. 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 spreads from 50 pips for HYCM and PaxForex, respectively. You can read more detailed information on commission fees in the online broker reviews.

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, Forex Trading, Crypto Trading are provided by PaxForex. As for platforms, HYCM offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while PaxForex offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. HYCM was founded in 1977 in United Kingdom, and it is regulated by FCA, CySEC, CIMA. And PaxForex was founded in 2014 in St. Vincent and Grenadines, and it is regulated by Not Regulated. We can withdraw funds from HYCM with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is free. And PaxForex provides the ability to withdraw funds with the help of Bank Wire, Visa/Mastercard, and its withdrawal fee is varies. The time for withdrawal in HYCM is 1 - 7 business days, and that one in PaxForex is within 1 business day.

As a result, the rating of HYCM is 4.8 stars versus that of PaxForex of 4 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
HYCM
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
PaxForex
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
Forex Spreads
CFDs
Metals
Cryptocurrency
HYCM
Stock
Spreads vary
Forex Spreads
Spreads from 0.2 pips
CFDs
Spreads from 4 pips
Metals
Spreads from 30 pips
Cryptocurrency
Spreads at 70 pips
PaxForex
Stock
Spreads from 5 pips
Forex Spreads
Spreads from 0.4 pips
CFDs
Spreads from 5 pips
Metals
Spreads from 50 pips
Cryptocurrency
Spreads from 95 pips

Types of trading

Types of trading
Stocks Trading
Forex Trading
Crypto Trading
HYCM
Stocks Trading
Forex Trading
Crypto Trading
PaxForex
Stocks Trading
Forex Trading
Crypto Trading

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
MT4
HYCM
Desktop Platform (Windows)
Desktop Platform (MacOS)
MT4
PaxForex
Desktop Platform (Windows)
Desktop Platform (MacOS)
MT4

Tools

Tools
Research & Analysis
Education
Demo account
HYCM
Research & Analysis
Education
Demo account
PaxForex
Research & Analysis
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
HYCM
Android App
iOS App
PaxForex
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
Cryptocurrency
HYCM
Minimum deposit
$100
Bank Wire
Visa/Mastercard
Cryptocurrency
PaxForex
Minimum deposit
$10
Bank Wire
Visa/Mastercard
Cryptocurrency

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
HYCM
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 7 business days
Withdrawal Fee
Free
PaxForex
Bank Wire
Visa/Mastercard
Withdrawal Time
Within 1 business day
Withdrawal Fee
Varies

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
HYCM
Сountry of Origin
United Kingdom
Year Founded
1977
Regulated By
FCA, CySEC, CIMA
PaxForex
Сountry of Origin
St. Vincent and Grenadines
Year Founded
2014
Regulated By
Not Regulated

Customer Service

Customer Service
Phone
Email
Live Chat
 
HYCM
Phone
+442088167812
Email
support@hycm.com
Live Chat
Yes
PaxForex
Phone
+44 1259207457
Email
info@paxforex.com
Live Chat
Yes

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