Compare HYCM vs TD Ameritrade


Online brokers compared for fees, trading platforms, safety and more. See how HYCM stacks up against TD Ameritrade!

HYCM vs TD Ameritrade
overall rating
4.3
4.9
overall pros
  • Low forex and CFD fees
  • Great educational content
  • User-friendly account opening
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • Only forex and CFD products
  • Trading platforms have outdated design
  • Inactivity fee
  • You can trade only on US markets
  • Accounts mostly limited to US residents
  • No credit/debit cards and electronic wallets for money transfer
fees
4.2
  • Low forex fees
  • Low CFD fees
  • Inactivity fee
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
3.0
  • Fully digital
  • No minimum deposit
  • Many account types
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Average account currency selection
2.2
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
4.3
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited customizability (for charts, workspace)
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Available in several languages
  • No two-step (safer) login
  • Poor design
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
2.0
  • Forex
  • CFD
  • Crypto
3.9
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
research
3.5
  • Trading ideas
  • User-friendly
  • Economic calendar
  • Limited interactive charting
  • Very low quality newsfeed
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
3.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Mediocre email support
4.0
  • Phone support
  • Live chat
  • Fast response time
education
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Videos miss tags or categorization
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
  • No investor protection outside the EU&UK
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Forex and CFD traders who prefer the MetaTrader platform Investors and traders looking for solid research and a well-equipped desktop trading platform
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