Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors.
HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.
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Interactive Brokers
Score 10.0 out of 10
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Interactive Brokers helps Investors globally in stocks, options, futures, currencies, bonds and funds from a single integrated account . Accounts can be funded in multiple currencies and trade assets denominated in multiple currencies. with access market data 24 hours a day and six days a week.
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Pricing
MetaTrader 5
Interactive Brokers
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
MetaTrader 5
Interactive Brokers
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Fixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/
Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/
Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/
Interactive Brokers offers different pricing structures for Commissions, Margin and Interest Rates accounts, Market Data and Broker Fees.
Reliable connection, fast interface, rapid data updates, lower comission costs that is all features coinsided at one place for Interactive Brokers trader workstation. Even account types offering is wider to include also trading group accounts not only retail, IRA 401. …
1. it is best suited in terms of algorithmic trading, where it helps in better understanding with time intervals and easy-to-use UI . Best for forex trading. 2. Security feature is not well trusted. anyone can join, anyone can fake with screenshots and pics and can show the fake profits which are breaking the trust. There must be a system to not support these activities.
Interactive Brokers is appropriate for retail equity investing and pension accounts holding - totally appropriate. Institutional accounts and proprietary trading group accounts - appropriate for those managing risks themselves because there is no automatic or supervised control and you trade at your own discretion. Not appropriate - is you look for crypto trading with instruments not accepted by regulator authorities as featured instruments with acceptable risk, to make sustainable and regulated investments with the main aim to preserve capital. All not regulated instruments are not appropriate and it is good and professional.
1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc.
Reliable connection, fast interface, rapid data updates, lower comission costs that is all features coinsided at one place for Interactive Brokers trader workstation. Even account types offering is wider to include also trading group accounts not only retail, IRA 401. Interactive Brokers makes easy to enter the prop business or serve large family office needs as an adviser or discretionary mandate trader (EU)