Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs ActivTrades, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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HYCM (Henyep Capital Markets), founded in 1977, and ActivTrades, founded in 2001, are both online brokers that are not publicly traded and are not banks. On ForexBrokers.com’s 99-point Trust Score scale, HYCM scores 85 and ActivTrades scores 80; both fall in the 80–89 band labeled “trusted” (90–99 = highly trusted, 70–79 = average risk, 60–69 = high risk, under 59 = not trusted).
In terms of regulation, each broker holds two Tier-1 licenses (highly trusted by ForexBrokers.com) and one Tier-2 license (trusted). With identical license tiers but a slightly higher Trust Score, HYCM edges ActivTrades on paper, while ActivTrades remains in the same trust category. From there, your choice may come down to platform features, fees, and available markets.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Year Founded | 1977 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
HYCM (Henyep Capital Markets) has a slight edge over ActivTrades when it comes to commissions and fees. HYCM earns a 4.5-star rating and ranks #18 out of 36 brokers for the Commissions and Fees category. Its Raw account is the most price-friendly choice, with an estimated all-in cost of about 0.6 pips on EUR/USD after commission, while the Classic account starts from a wider 1.2 pips and the fixed-spread account is set at 1.5 pips.
ActivTrades is also fairly competitive, but its pricing is a bit less attractive overall. It holds a 4-star rating and ranks #21 out of 36 brokers for Commissions and Fees. The broker’s spreads are generally a little better than the industry average, and ActivTrades reported an average EUR/USD spread of 0.98 pips in May 2024. However, it does not offer a special low-cost account for active traders, and spreads are the same across its account types.
In simple terms, HYCM is the better pick if your main goal is lower trading costs, especially on its Raw account. ActivTrades still offers decent pricing and a straightforward account setup, but it tends to be a touch more expensive overall. Both brokers may charge differently depending on the assets traded, so the final cost can vary by market and platform.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.08 |
| All-in Cost EUR/USD - Active | 0.6 | 0.92 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM and ActivTrades both give traders access to forex as CFDs or spot contracts, plus cryptocurrency CFDs, and each earns 4 out of 5 stars for range of investments. ActivTrades lists a slightly larger total number of tradable symbols, with 1,267 compared with HYCM’s 1,199, while HYCM offers more forex pairs, with 70 versus 49 at ActivTrades. This means ActivTrades has the edge for overall product count, but HYCM may appeal more to traders who want a wider choice of currency pairs.
When it comes to shares and extra features, HYCM has the broader mix. It offers exchange-traded securities on both U.S. and international exchanges, while ActivTrades offers exchange-traded securities only on international exchanges. ActivTrades stands out for copy trading, which HYCM does not provide, while neither broker lets clients buy actual cryptocurrency. In ForexBrokers.com’s range of investments ranking, ActivTrades places slightly higher at #25 out of 36, ahead of HYCM at #27.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 1267 |
| Forex Pairs (Total) | 70 | 49 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
HYCM (Henyep Capital Markets) and ActivTrades both give traders a wide range of platform choices, including a free demo account, a proprietary platform, Windows desktop downloads, and web-based access. They also both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and each lets users trade directly from charts. In short, both brokers cover the main tools many traders look for when comparing online trading platforms.
The biggest difference is copy trading: ActivTrades offers it, while HYCM does not. That extra feature may appeal to traders who want to follow other strategies more easily. Still, both brokers earn 4 out of 5 stars for Trading Platforms and Tools, though ActivTrades places higher in ForexBrokers.com’s ranking for this category, coming in at #26 out of 36 brokers compared with HYCM at #32.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and ActivTrades are closely matched when it comes to mobile trading apps. Both brokers offer iPhone and Android apps, price alerts for stocks or forex, 30 technical studies for charting, trendline drawing, and auto-saving drawings on charts. Each broker also earns a 4-star rating for mobile trading apps. One key drawback for both is that watchlist symbols do not sync between the mobile app and the online account.
Where ActivTrades has the edge is in its ForexBrokers.com ranking for mobile trading apps, coming in at #21 out of 36 brokers, compared with HYCM at #30. For traders who want a similar set of mobile features from either broker, the choice may come down to overall app experience, while ActivTrades currently has the better category rank.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
HYCM (Henyep Capital Markets) and ActivTrades both give traders useful market research tools, including daily market commentary, news from top sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking upcoming events. Neither broker offers Autochartist, TipRanks, or Acuity Trading tools, so their research suites share a few gaps. Where HYCM stands out is Trading Central, which it includes for technical and fundamental insights, while ActivTrades does not offer that tool. On the other hand, ActivTrades includes a sentiment tool that shows how traders are positioned in a market, which HYCM does not provide.
In overall research quality, ActivTrades has the edge. It is rated 4 out of 5 stars for Research and ranks #26 out of 36 brokers at ForexBrokers.com, while HYCM is rated 3.5 stars and ranks #29. For traders who want a broker with more built-in market sentiment data, ActivTrades may be the better fit. For those who prefer Trading Central research, HYCM may be more appealing.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning tools, both HYCM (Henyep Capital Markets) and ActivTrades offer at least 10 beginner-focused trading videos, which can help new traders get started with the basics. HYCM does not provide monthly educational client webinars, while ActivTrades does, giving ActivTrades an extra live-learning option for those who want regular guidance. HYCM also does not meet the standard for forex or CFD education content with at least 10 subject-specific pieces, while ActivTrades does.
When it comes to more advanced learning, HYCM does not offer at least 10 advanced trading videos, but ActivTrades does, making it the stronger choice for traders who want to keep building their skills over time. That said, HYCM is still rated 3.5 out of 5 for Education and ranks #27 out of 36 brokers, while ActivTrades is rated slightly higher at 4 out of 5 but ranks #30 out of 36. Overall, ActivTrades offers more learning content for beginners and beyond, while HYCM provides a more limited set of educational resources.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than ActivTrades. HYCM (Henyep Capital Markets) finished with an overall rank of #26, while ActivTrades finished with an overall rank of #28.
HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform).
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
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| Trust Score | 85 | 80 |
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In the HYCM (Henyep Capital Markets) vs ActivTrades cryptocurrency comparison, neither broker supports buying actual (delivered) crypto, but both offer cryptocurrency CFDs.
Comparing deposit and withdrawal methods, HYCM (Henyep Capital Markets) and ActivTrades both do not support ACH or SEPA transfers or PayPal, both support Skrill and bank wire transfers, and Visa/Mastercard availability is not specified for either broker.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Regulation | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Trust Score | 85 | 80 | |
| Year Founded | 1977 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | ||
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 1267 | |
| Forex Pairs (Total) | 70 | 49 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.08 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.92 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Overall | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
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