ActivTrades vs HYCM Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of ActivTrades and HYCM
| Broker | ActivTrades | HYCM |
|---|---|---|
| Rating | 4.3/5 | 4.2/5 |
| Foundation Year | 2000 | 1976 |
| Regulated in Countries | Bahamas, United Kingdom, Portugal, Luxembourg, Brazil | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | ActivTrades Review | HYCM Review |
ActivTrades is suitable for beginners who value simplicity and educational materials and experienced traders who prefer MetaTrader and a wide range of instruments.
Broker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.
ActivTrades Review
ActivTrades is suitable for beginner traders who value simplicity and intuitive trading platforms, as well as a variety of educational materials to improve their skills. Moreover, this broker can be a suitable option for experienced traders who prefer to trade various instruments and use the powerful features of the MetaTrader 4, MetaTrader 5 and TradingView platforms.
However, for traders with more specific requirements, such as a variety of trading accounts or individual conditions for professional traders, ActivTrades may be less attractive.
Pros and Cons of ActivTrades
Pros
- Wide range of trading assets.
- A wide variety of trading platforms.
- Extensive training materials including webinars, videos, articles and guides.
- Professional Support Team.
Cons
- Lack of diversity in trading accounts.
ActivTrades is in the top 10 of the following ratings:
HYCM Review
HYCM is one of the Forex and CFD market leaders whose reputation is backed by strict regulation by major financial authorities such as the FCA, CySEC and DFSA. This ensures high protection of the client's funds and compliance with regulatory standards. The broker offers a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, recognized as some of the most reliable and functional in the industry. The variety of trading instruments available allows you to create a diverse investment portfolio, while a rich selection of educational resources supports traders at all stages of their professional development.
HYCM will be most suitable for traders looking for reliability and diversity in the toolkit without worrying about high commissions and a lack of innovative platforms. This broker is ideal for experienced traders who can use the analytical and educational resources provided to improve their trading strategies.
Pros and Cons of HYCM
Pros
- Well-regulated broker.
- An extensive set of educational materials.
- Diversity of trading assets.
Cons
- Absence of proprietary trading platform.
- No social trading.
HYCM is in the top 10 of the following ratings:
Reliability
| Broker | ActivTrades | HYCM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2000 | 1976 |
| Regulated in Countries | Bahamas, United Kingdom, Portugal, Luxembourg, Brazil | United Kingdom, Cyprus, Cayman Islands, United Arab Emirates |
| Regulators | SCB SCB FCA FCA CMVM CMVM CSSF CSSF CONSOB CONSOB CVM CVM | FCA FCA CySEC CySEC CIMA CIMA SVGFSA SVGFSA DFSA DFSA |
ActivTrades
ActivTrades - highly regulated, transparent broker with a good reputation. International regulation and client fund protection make it a reliable choice.
HYCM
Broker HYCM provides high reliability and security, being under the control of various strict regulators around the world.
Account Opening
| Broker | ActivTrades | HYCM |
|---|---|---|
| Account Opening | 4/5 | 4.5/5 |
| Minimum Deposit |
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ActivTrades
The account opening process at ActivTrades is quite accessible for most traders, but verification can take a significant amount of time.
HYCM
The account opening process at HYCM is simple and convenient, ensuring a smooth start for traders. However, verification and financial profile completion may take time.
Pros
- Quick registration, taking less than 5 minutes.
- Straightforward and understandable registration process.
Cons
- Necessity to fill out a detailed financial profile.
- Minimum deposit of $100 may be high for beginners.
Account Types
| Broker | ActivTrades | HYCM |
|---|---|---|
| Account Types | 2/5 | 3.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.5 points | from 0.1 points |
| Max Leverage | 1:400 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
ActivTrades
ActivTrades offers 2 trading accounts suitable for most traders, but some options are missing.
Pros
- Availability of an Islamic account.
Cons
- No STP/ECN accounts.
- Lack of fixed spread accounts.
- Investment accounts (PAMM, copy trading) are not offered.
HYCM
HYCM offers a variety of trading accounts suitable for different levels of experience, but some account types are missing.
Commissions
| Broker | ActivTrades | HYCM |
|---|---|---|
| Commissions | 3.7/5 | 3/5 |
| Spread | from 0.5 points | from 0.1 points |
| Average Spread (EURUSD) | 1 | 1.5 |
| Commission per Lot | $4 |
ActivTrades
ActivTrades offers average commissions with tight spreads, but high swap rates and inactivity fees.
HYCM
HYCM charges average trading fees and an account inactivity fee.
Deposit and Withdrawal
| Broker | ActivTrades | HYCM |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
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ActivTrades
ActivTrades offers a variety of convenient methods for depositing and withdrawing funds.
Pros
- Diversity of payment systems.
- Most transactions are commission-free.
- Fast processing of requests.
Cons
- No options for using cryptocurrencies.
HYCM
HYCM offers a flexible and cost-effective approach to account funding and withdrawal of funds.
Markets and Products
| Broker | ActivTrades | HYCM |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 49 | 72 |
| Precious Metals | 3 | 5 |
| Energy Carriers | 7 | 3 |
| Soft Commodities | 9 | 4 |
| Indices | 31 | 27 |
| Stocks | 1035 | 1080 |
| ETF | 75 | - |
| Bonds | 6 | - |
| Cryptocurrency | 12 | 28 |
ActivTrades
ActivTrades offers a wide range of trading instruments, providing access to all major markets, making it attractive to various traders.
HYCM
HYCM offers a wide range of trading instruments, satisfying the diverse needs of traders.
Trading Platforms
| Broker | ActivTrades | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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ActivTrades
ActivTrades offers diverse trading platforms, each catering to different trading needs, combining efficiency, advanced features, and user-friendly interfaces.
Pros
- Multiple platforms including MT4, MT5, ActivTrader, and TradingView integration.
- Advanced tools and features for comprehensive market analysis.
- Customization options and social trading aspects in TradingView.
HYCM
HYCM offers reliable and functional trading platforms MT4 and MT5, available on various devices and supporting automated trading.
Pros
- Availability of popular and functional platforms MT4 and MT5.
- Extensive capabilities for technical analysis and automated trading.
- Support for many devices, including desktop computers and mobile devices.
Cons
- Lack of a proprietary unique platform.
Analytics
| Broker | ActivTrades | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
ActivTrades
ActivTrades provides extensive analytical resources, including market analysis, economic calendar, technical analysis tools, trading signals, and ideas.
HYCM
HYCM offers good analytical tools, but the regularity and variety of materials could be improved.
Education
| Broker | ActivTrades | HYCM |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
ActivTrades
ActivTrades offers high-quality and diverse educational materials that will be useful for traders of any level.
HYCM
HYCM's educational materials cover a wide range of topics and are available in various formats, making them useful for traders of different levels.
Customer Support
| Broker | ActivTrades | HYCM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
YouTube
LinkedIn
InstagramActivTrades
ActivTrades' technical support is commendable for its professionalism, diverse communication channels, and 24/5 availability.
Pros
- Highly professional and knowledgeable staff.
- Multiple contact options including phone, chat, and email.
- 24/5 availability.
HYCM
HYCM provides efficient and professional technical support, with some nuances.
Pros
- A sufficiently broad range of communication channels.
- Quick and professional response.
- Positive client reviews.
Cons
- Lack of 24/7 support.
- Can only call an international phone number.
- Absence of messenger services among communication channels.
