AvaTrade vs. HYCM

AvaTrade

$100 min. deposit

1:400 leverage

76% of retail CFD accounts lose money

Updated Apr 2025

HYCM

$100 min. deposit

1:500 leverage

85% of retail CFD accounts lose money

Updated Sep 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
  • CFDs on 845 instruments, as well as futures and options.
  • Wide selection of trading platforms, including copy trading.
  • One-on-one assistance when you deposit US$1,000 or more.
  • Daily trading signals from Trading Central.
  • No fees on deposits or withdrawals.
  • Dislikes
  • Quarterly and annual inactivity fees are $50 and $100 respectively.
  • Its 'one size fits all' trading account may not appeal to professional traders.
  • 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)5367
Cryptos (CFD)*2628
Stocks (CFD)643151
Stocks1080
Indices (CFD)3527
ETFs (CFD)67
Metals (CFD)713
Energy (CFD)53
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
Credit card
Debit 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)
Ireland
Israel
Japan
South Africa
St. Vincent & the Grenadines
UAE
UK
AvaTrade

Visit AvaTrade ▷

76% of retail CFD accounts lose money
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money