HYCM RATING -OVERALL SCORE {72.1%} (?)

 

HYCM is an ECN/STP broker registered with the FCA (UK) and part of the vast Henyep Group with over 40 years of operation in the financial services industry.

Deposit Requirements: 100 USD

Funding: Cards | Bank Wire | WebMoney | Local Fund Methods

Platforms: PrimeTrader | MetaTrader-4 | Mobile Traders

Customer Support: English | Arabic | Russian | Chinese

» HYCM Website » HYMarkets Review

 

Chart: HYCM Basic Ratings (Based on ForexRating Formula 5.0)

The RatingFormula 5.0 gives an excellent rating score for HYMarkets as concerns the safety of money, but a low rating score as concerns competition (spreads, commissions, etc.).

Chart: HYCM Special Ratings

HYCM RATING SUMMARY

The following table contains HYCM's rating summary based on (i) three rating aspects, (i) three experience levels, and (iii) three trading styles.

FOREX BROKER RATING (MAX 100%)
  • HYCM FUNDS SAFETY
99.4%
  • HYCM TRANSACTION COST
42.9%
  • HYCM TRADING OPTIONS AVAILABLE
70.5%
  • HYCM TECHNOLOGY
78.1%
  • OVERALL RATING
72.1%
TRADING EXPERIENCE  
  • HYCM FOR FOREX BEGINNERS
72.0%
  • HYCM FOR ADVANCED FOREX TRADERS
62.6%
  • HYCM FOR PROFESSIONAL FOREX TRADERS
58.9%
TRADING STYLE  
  • HYCM FOR INTRADAY TRADERS
65.4%
  • HYCM FOR SWING TRADERS (MID-TERM)
73.5%
  • HYCM FOR CARRY TRADERS (LONG-TERM)
42.5%

The Rating Formula Series is a concept of George M. Protonotarios aiming to objectify online corporate ratings.The RatingFormula 5.0

The Rating Formula Series is a concept of George M. Protonotarios aiming to objectify online corporate ratings. In the near future, search engines will use similar rating algorithms to estimate the real value of online corporations for end users, and based on the results, to list them respectively in their search results.

 

How the Forex RatingFormula 5.0 Really Works

The Mission:

“Ensuring the safety of funds, paying low transaction cost, and receiving state-of-the-art technology”

The 4 rating factors included in the Rating Formula and their weight:

  1. Factor -(A) Safety of Funds (28.00%)
  2. Factor -(B) Transaction Cost (28.00%)
  3. Factor -(C) Variety of Trading Options (28.00%)
  4. Factor -(D) Technology (16.00%)

INSTAFOREX RATING -OVERALL {62.7%} (?)

InstaForex is a large ECN/DD broker based in Russia. According to the RatingFormula 5.0, InstaForex is a good choice only for swing and carry trading. The broker pays 5% interest on free Funds.

Deposit Requirements: 5 USD

Funding: Bitcoin | Cards | Bank Wire | Neteller | Skrill | Filspay | PayCo | Ukash | Paxum | B-Pay

Platforms: MetaTrader-4 | MetaTrader-5 | MT4 Multi-Terminal | Mobile Traders

Customer Support: English | Arabic | Russian | Malay | Indonesian

» InstaForex Website

Chart: InstaForex Basic Ratings (Based on ForexRating Formula 5.0)

The RatingFormula 5.0 gives a very good rating as concerns InstaForex technology and trading options, but a very low rating as concerns competition and safety of trader's money. This is because InstaForex is not a regulated Forex broker.

Chart: InstaForex Special Ratings

INSTAFOREX RATING SUMMARY

The following table contains InstaForex's rating summary based on (i) three rating aspects, (i) three experience levels, and (iii) three trading styles.

FOREX BROKER RATING (MAX 100%)
  • INSTAFOREX FUNDS SAFETY
28.3%
  • INSTAFOREX TRANSACTION COST
38.4%
  • INSTAFOREX TRADING OPTIONS AVAILABLE
100.0%
  • INSTAFOREX TECHNOLOGY
100.0%
  • OVERALL RATING
62.7%
TRADING EXPERIENCE  
  • INSTAFOREX FOR FOREX BEGINNERS
65.5%
  • INSTAFOREX FOR ADVANCED FOREX TRADERS
54.9%
  • INSTAFOREX FOR PROFESSIONAL FOREX TRADERS
52.5%
TRADING STYLE  
  • INSTAFOREX FOR INTRADAY TRADERS
51.4%
  • INSTAFOREX FOR SWING TRADERS (MID-TERM)
70.0%
  • INSTAFOREX FOR CARRY TRADERS (LONG-TERM)
78.4%

FBS RATING -OVERALL SCORE {65.8%} (?)

 

FBS is a popular Forex Broker for Asian Forex Traders. FBS is based in Russia and operating in the market since 2009.

Deposit Requirements: 5 USD

Funding: Cards | Bank Wire | Neteller | Skrill | WebMoney | OKPay | PerfectMoney | YuuPay

Platforms: MetaTrader-4 | MetaTrader-5 | MT4 Multi-Terminal | WebTrader | Mobile Traders

Customer Support: English | Arabic | Chinese | Russian | Indonesian | Malay | Thai | Vietnamese

» FBS Website

Chart: FBS Basic Ratings (Based on ForexRating Formula 5.0)

The RatingFormula 5.0 gives a very good rating as concerns trading options and trading technology but a very low rating as concerns the safety of funds.

Chart: FBS Special Ratings

FBS RATING SUMMARY

The following table contains FBS's rating summary based on (i) three rating aspects, (i) three experience levels, and (iii) three trading styles.

FOREX BROKER RATING (MAX 100%)
  • FBS FUNDS SAFETY
27.0%
  • FBS TRANSACTION COST
62.5%
  • FBS TRADING OPTIONS AVAILABLE
88.4%
  • FBS TECHNOLOGY
100.0%
  • OVERALL RATING
65.8%
TRADING EXPERIENCE  
  • FBS FOR FOREX BEGINNERS
68.0%
  • FBS FOR ADVANCED FOREX TRADERS
61.2%
  • FBS FOR PROFESSIONAL FOREX TRADERS
58.4%
TRADING STYLE  
  • FBS FOR INTRADAY TRADERS
64.1%
  • FBS FOR SWING TRADERS (MID-TERM)
58.4%
  • FBS FOR CARRY TRADERS (LONG-TERM)
34.1%

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