Comparison HYCM vs Pepperstone
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares HYCM vs Pepperstone. Is HYCM or Pepperstone a better online broker?
First of all, we’ll compare the commission fees of the two brokers. HYCM has a commission fee of spreads vary, and Pepperstone has a commission fee of from 0.4 pips. For trading in Forex, the commission fee of HYCM is spreads from 0.2 pips, while the commission fee of Pepperstone is from 0.0 pips + $3.50 commission. When analyzing commission fees in CFD: HYCM provides spreads from 4 pips, and Pepperstone provides from 0.3 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 from 0.5 pips for HYCM and Pepperstone, respectively. 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 HYCM provides customers with Stocks Trading, Forex Trading, Crypto Trading, and Pepperstone provides customers with Stocks Trading, Forex Trading, Crypto Trading. Concerning the platforms, HYCM uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while Pepperstone uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, MT5, 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 Pepperstone was founded in 2010 in Australia, and it is regulated by ASIC, FCA. Withdrawal of funds from HYCM can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And Pepperstone provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of free. The time for withdrawal in HYCM is 1 - 7 business days, and that one in Pepperstone is 3 - 5 business days.
As a result, the rating of HYCM is 4.8 stars versus that of Pepperstone of 4.6 stars.