Compare forex brokers HYCM VS Fort Financial Services

If you're choosing between HYCM and Fort Financial Services forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is HYCM better than Fort Financial Services? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

HYCM VS FORT FINANCIAL SERVICES

Fort Financial Services
Fort Financial Services Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this Fort Financial Services broker review.

Fort Financial Services is a licensed international financial broker which operates under a license IFSC/60/256/TS/14 issued by International Financial Services Commission of Belize. The company is operating since 2010 and is trusted by clients from more than 30 countries worldwide.

The unique feature of Fort Financial Services is the widest range of tradable contracts available among top 50 brokers of the world. More than 500 contracts to choose from, including: more than 150 currency pairs to trade on FOREX, Binary Options, CFD contracts on oil, gas, commodities, precious metals including palladium, futures, indices of U.S, European and Asian stock exchanges, ETF contracts, currency futures and many more.

HYCM
HYCM Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this HYCM broker review.

HYCM is online trading division of Henyep Capital Markets, which is a major investment company established in 1977. The company’s headquarters are located in London, United Kingdom. The Henyep Capital Markets activities are regulated by such financial regulators as FCA, MiFID, DFSA and SFC. Besides Forex the company offers trading such financial instruments as energies (oil/gas), metals, commodities, stocks, equities, indices and many more, all the available trading tools can be used from the same trading account.

# Broker's Features HYCM Availability FORT FINANCIAL SERVICES Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare HYCM vs Fort Financial Services.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. HYCM offers Online Financial Trading and Investment Services Such as Oil/Gas, Commodities, Stocks, Indexes, Bitcoin, Et, while Fort Financial Services offers Forex, Forex without spread, Futures, Stock, ETF,.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. HYCM is Broker, while Fort Financial Services is Broker, ECN, STP.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. HYCM recommended minimum capital is 100, while Fort Financial Services has a Minimum Deposit Requirement of 5.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. HYCM is regulated by CySEC, FCA, MiFID, DFSA, SFC, while Fort Financial Services regulated by IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. HYCM offers EUR, USD, GBP, AED, RUB, KWD different account currencies for each account types, while Fort Financial Services offers USD, EUR account currencies.

Languages Available: Next lets have a look at each broker's different Language options. HYCM offers English, Chinese, Russian, Arabic, Indian, while Fort Financial Services offers English, Malaysian, Chinese, Portuguese, Indonesia Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. HYCM offers Credit Card, PayPal, Wire Transfer, WebMoney, Bitc different payment methods for each account types, while Fort Financial Services offers SorexPay, PayOnline, WebMoney, RBK Money, Skrill, payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, HYCM makes MetaTrader4/Mobile available to clients, while Fort Financial Services offers MetaTrader 4, CQG, NINJA, Binary Trading Platform.