Comparison HYCM vs Webull
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares HYCM vs Webull. Is HYCM or Webull 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 Webull has a commission fee of commission Free. Now, let’s compare commission fees in Forex, the commission fee of HYCM is spreads from 0.2 pips, and the commission fee of Webull is n/A. We can also analyze commission fees for trading CFD: they are spreads from 4 pips in HYCM vs n/A in Webull. For a more complete picture, let’s consider trading in the metal market, where HYCM and Webull have commission fees of spreads from 30 pips and n/A, 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 Webull provides customers with Stocks Trading, ETFs Trading. Concerning the platforms, HYCM uses Desktop Platform (Windows), Desktop Platform (MacOS), MT4, Android App, iOS App, while Webull uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 established in 1977 in United Kingdom, and it is regulated by FCA, CySEC, CIMA. And Webull was established in 2017 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 Webull provides the ability to withdraw funds using Bank Wire with a withdrawal fee of $45 (International Wire). The time for withdrawal in HYCM is 1 - 7 business days, and that one in Webull is 2 business days.
As a result, the rating of HYCM is 4.8 stars versus that of Webull of 4.1 stars.