Comparison HYCM vs TD Ameritrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares HYCM vs TD Ameritrade. Is HYCM or TD Ameritrade 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 TD Ameritrade has a commission fee of $6.95. For trading in Forex, the commission fee of HYCM is spreads from 0.2 pips, while the commission fee of TD Ameritrade is $0.10 per 1,000 units. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. As for platforms, HYCM offers Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while TD Ameritrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 TD Ameritrade was founded in 1975 in USA, and it is regulated by SEC, FINRA. Withdrawal of funds from HYCM can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of free. And TD Ameritrade provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The withdrawal time for HYCM is 1 - 7 business days, and that one for TD Ameritrade is one Business Day.
Overall, HYCM boasts 4.8 stars versus TD Ameritrade 4.5 stars.