AvaTrade vs. HYCM

AvaTrade

$100 min. deposit

1:400 leverage

77.82% of retail CFD accounts lose money

Updated Dec 2023

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Jan 2024

  • Overall
    4.7 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.2 / 5
  • Deposits and withdrawals
    4.7 / 5
  • Investor protection
    4.8 / 5
  • Customer service
    5.0 / 5
  • Likes
  • Over 750 financial instruments on MT4/5.
  • Get free daily trading signals.
  • Easily copy professional traders.
  • No fees on deposits or withdrawals.
  • Get one-on-one assistance when you deposit US$1,000.
  • Dislikes
  • You cannot trade on raw spreads.
  • Quarterly and annual inactivity fees.
  • Overall
    4.2 / 5
  • Markets
    5.0 / 5
  • Trading environment
    3.8 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.0 / 5
  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Open a trading account in USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fees apply after 90 days.
  • Copy trading isn't possible.

Easily navigate this review:

Markets
Asset classes (#)Visit AvaTrade Visit HYCM
Forex (CFD)5567
Cryptos (CFD)*1428
Stocks (CFD)612151
Stocks1080
Indices (CFD)2327
ETFs (CFD)31
Metals (CFD)913
Energy (CFD)103
Commodities (CFD)74
Bonds (CFD)2

* Availability is subject to local laws and regulations.

Trading environment
PlatformsVisit AvaTrade Visit HYCM
MT4
MT5
Copy trading
Deposits and withdrawals
Deposits and withdrawals (Fiat)Visit AvaTrade Visit HYCM
Bank transfer
Debit card
Credit card
NETELLER *
Perfect Money
POLi *
Skrill *
WebMoney
2c2p
Account base currenciesVisit AvaTrade Visit HYCM
AED
AUD
CHF
EUR
GBP
USD
Investor protection
Regulated entitiesVisit AvaTrade Visit HYCM
Australia
BVI
Cayman Islands
Cyprus (EU)
Gibraltar
Israel
Japan
South Africa
St. Vincent & the Grenadines
UAE
UK
AvaTrade

Visit AvaTrade ▷

77.82% of retail CFD accounts lose money
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money