TradingCritique

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HYCM vs AvaTrade : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

HYCM

HYCM

VS
AvaTrade

AvaTrade

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

Market maker

Years of Existence / Established Year

1977

2006

Customer Base / Number of Accounts

No information

4 Million


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Regulation & Security

Regulations (governing bodies)

FCA, DFSA, CySEC,CIMA

FFAJ, CySEC, ISA, IIROC, ADGM, FSRA, CBI,BVI FSC, FSCA, ASIC

Awards Won (count for the last 2 years)

Most Trusted Broker 2023 UAE, Most Transparent Forex Broker 2023

Best Forex Trading App in Europe- 2024, Best Affiliate program LATAM -2024, Most Trusted Trading Platform -2024, Most Trusted Broker -2024, Top 10 Hot Brand of the year -2024

Security Measures

Tier-1 Client Fund Security

Avaprotect

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

300+ instruments

1000+ trading instruments

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

HYCM Trader, Web trader

Ava trade app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Fixed, Classic and Raw account, Special account for VIP and corpoarte clients

Retail, standard, and professional

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$20

$100

Leverage Available

1:20- 1:500

1:10 to 1:400

Trade Limit (maximum per trade)

250 for MT4 Unlimited for HYCM trader and MT5

Depends on the asset type

Commission (per account type)

No commission for fixed and classic accounts, Commissions for raw account: FX $4 per round, Metals $5 per round, Others $0 per round

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners traders

Beginners to experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Credit card, debit card, wire transfer, and e-wallets

Withdrawal Methods

Bank Transfer, Visa (credit/debit card), and Crypto wallet (cryptocurrency payments), e-wallets

Credit card, debit card, wire transfer, and e-wallets

Other E-Wallets Supported

Neteller, Skrill, PayTrust, Fasapay, WebMoney, AstroPay, ZOTAPAY, and UPI

Skrill, Neteller, WebMoney,


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Forex Fundamentals, Trading Tools and Resources, Advanced Trading Concepts, Ethics and Compliance, Technology In Trading, Forex Market History

Trading platform tutorials, Trading rules, Webniars, Blogs, Trading online strategies


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Fees & Commissions

Trading-Related Fees

Spread- 0.1 to 1.5 pips, Raw account - FX- $4 per round, Metals - $5 per round

Spread: 0.9 pips

Spread (typical, fixed, variable)

Variable /Fixed

Typical

Per Lot Fees

$4 per round

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:500

1:400


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

$50 inactive for 3 month

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

$50

NA

Deposit Fee

$0

$0

Currency Conversion Fee

$10

NA

Withdrawal Fee

e-wallets- 1%, Bank wires- $30, Others-$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

23: 01GMT on Sunday night and 21: 00 GMT on Friday night

Sunday Night (GMT) until Friday night (GMT)


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5 For complaints 9:00 - 18.00 (GMT +3)

24/7

Customer Support Methods (phone, email, live chat)

Phone: +44 - 208 - 816 - 7812, E-mail:[email protected], Live chat

Phone: +1 212 9419609, E-mail upon request , Live chat

Support Languages

15+

14+


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Additional Information

Headquarters Location

27-28 Clement's Lane, St Clement's HouseLondon EC4N 7AEUnited Kingdom

Five Lamps Place Amien Street Dublin 1, IE

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
While HYCM maintains low trading fees with no minimum deposit, AvaTrade includes some charges for premium features and certain asset trades, making HYCM the better option for budget-focused traders.
The account creation flow at HYCM is modern and app-driven, making it seamless for new users. AvaTrade, however, leans toward traditional processes with forms and verifications that take more time.
HYCM integrates well with algorithmic trading tools and third-party plugins. In contrast, AvaTrade emphasizes educational content and built-in research features within its platform.
If you're after professional-grade platforms, HYCM may be ideal. For casual investors, AvaTrade offers a low-barrier entry.