CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Regulation
Founded in 1977, HYCM (Henyep Capital Markets) is a longstanding player in the financial market, while ActivTrades entered the scene in 2001. Both firms are not publicly traded and do not operate as banks, but they maintain a strong presence in the online brokerage industry. HYCM boasts a Trust Score of 86 out of 99, indicating it is a trusted entity. Similarly, ActivTrades holds a Trust Score of 81, placing it within the trusted category as well. Both companies hold two Tier-1 licenses, a mark of high trust from regulatory bodies, and one Tier-2 license, which further signifies their reliability.
The similarity in regulatory backing between HYCM and ActivTrades is clear, with each possessing the same number of Tier-1 and Tier-2 licenses. The comparison highlights their robust adherence to regulatory standards, ensuring a secure trading environment for investors. While their trust scores differ slightly, both brokers represent a stable option for those venturing into online trading.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Year Founded
info
|
1977
|
2001
|
Publicly Traded (Listed)
info
|
No
|
No
|
Bank
info
|
No
|
No
|
Tier-1 Licenses
info
|
2
|
2
|
Tier-2 Licenses
info
|
1
|
1
|
Tier-3 Licenses
info
|
0
|
0
|
Tier-4 Licenses
info
|
1
|
2
|
Fees
When comparing the commissions and fees of HYCM (Henyep Capital Markets) and ActivTrades, there are notable differences. HYCM offers a Raw account with an all-in cost of approximately 0.6 pips for the EUR/USD, providing competitive pricing. However, their Classic account and fixed-spread account are pricier, with spreads starting from 1.2 pips and 1.5 pips, respectively. HYCM’s attractive pricing is reflected in its 4.5-star rating and a ranking of 15th out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
In contrast, ActivTrades has a slightly better-than-average spread offering but does not match the lowest-cost forex brokers. The broker provides an Individual Account, plus Professional and Islamic Accounts, but lacks a specific account for high-volume traders or active trader pricing. ActivTrades' spreads are variable, with the EUR/USD averaging around 0.98 pips. Depending on the asset and platform, commissions and fees may vary. ActivTrades is rated 4 stars for commissions and fees and holds the 28th position out of 63 brokers by ForexBrokers.com.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Minimum Deposit
info
|
$20
|
$0
|
Average Spread EUR/USD - Standard
info
|
1.2
info |
0.98
info |
All-in Cost EUR/USD - Active
info
|
0.6
info |
N/A
|
Active Trader or VIP Discounts
info
|
Yes
|
No
|
ACH or SEPA Transfers
info
|
No
|
No
|
PayPal (Deposit/Withdraw)
info
|
No
|
No
|
Skrill (Deposit/Withdraw)
info
|
Yes
|
Yes
|
Visa/Mastercard (Credit/Debit)
info
|
Yes
|
Yes
|
Bank Wire (Deposit/Withdraw)
info
|
Yes
|
Yes
|
Dive deeper: Best Low Spread Forex Brokers.
Range of investments
HYCM (Henyep Capital Markets) and ActivTrades both cater to traders seeking diverse investment options, offering forex trading as CFDs or spot contracts. HYCM provides access to a wide array of 1,199 tradeable symbols, which includes 70 forex pairs, alongside exchange-traded securities on U.S. exchanges such as Apple shares and international ones like Vodafone. In comparison, ActivTrades presents a slightly larger selection with 1,267 tradeable symbols, but offers fewer forex pairs at 49. However, ActivTrades does not support exchange-traded securities on U.S. exchanges, focusing instead on international offerings.
Both platforms enable trading in cryptocurrency derivatives but do not provide the option to purchase actual cryptocurrencies. Additionally, if you're interested in copy trading, ActivTrades supports this feature, while HYCM does not. Despite these differences, both brokers receive a 4-star rating for their range of investments, with ActivTrades narrowly leading in rankings at #31 against HYCM's #33 according to ForexBrokers.com. Each broker offers unique strengths, making them well-suited for different trading preferences and investment strategies.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Forex Trading (Spot or CFDs)
info
|
Yes
|
Yes
|
Tradeable Symbols (Total)
info
|
1199
|
1267
|
Forex Pairs (Total)
info
|
70
|
49
|
U.S. Stock Trading (Non CFD)
info
|
Yes
|
No
|
Int'l Stock Trading (Non CFD)
info
|
Yes
|
Yes
|
Social Trading / Copy Trading
info
|
No
|
Yes
|
Cryptocurrency (Physical)
info
|
No
|
No
|
Cryptocurrency (Derivative)
info
|
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.
Trading platforms and tools
HYCM (Henyep Capital Markets) and ActivTrades both offer comprehensive trading platforms with an emphasis on user experience, providing free virtual demo accounts and proprietary platforms. Traders using either broker will find Windows-based desktop and web-based platforms, allowing for convenient access no matter the device. Both brokers also support popular tools such as MetaTrader 4 and MetaTrader 5 for diverse trading needs. However, a key difference lies in copy trading capabilities: ActivTrades offers this popular feature, whereas HYCM does not.
For charting, both HYCM and ActivTrades offer 15 drawing tools, but there is a slight edge for ActivTrades with more watch list columns available—11 compared to HYCM's 7. This could be beneficial for traders looking for granular control over their watch lists. Both brokers allow trading directly from stock charts, providing a seamless trading experience. While both brokers are rated 4 out of 5 stars for their trading platforms and tools, ActivTrades secures a higher rank, standing at #30 compared to HYCM's #40, according to ForexBrokers.com.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Virtual Trading (Demo)
info
|
Yes
|
Yes
|
Proprietary Platform
info
|
Yes
|
Yes
|
Desktop Platform (Windows)
info
|
Yes
|
Yes
|
Web Platform
info
|
Yes
|
Yes
|
Social Trading / Copy Trading
info
|
No
|
Yes
|
MetaTrader 4 (MT4)
info
|
Yes
|
Yes
|
MetaTrader 5 (MT5)
info
|
Yes
|
Yes
|
DupliTrade
info
|
No
|
No
|
ZuluTrade
info
|
No
|
No
|
Charting - Indicators / Studies (Total)
info
|
30
|
30
|
Charting - Drawing Tools (Total)
info
|
15
|
15
|
Charting - Trade From Chart
info
|
Yes
|
Yes
|
Watchlists - Total Fields
info
|
7
|
11
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
HYCM (Henyep Capital Markets) and ActivTrades both offer mobile trading apps tailored for users of iPhone and Android devices, ensuring traders can access their services on the go. Both platforms provide users with stock and forex price alerts and the ability to draw trendlines directly on charts, which can be viewed in various time frames such as daily, weekly, or intraday. Charting is enhanced with 30 technical studies, auto-saving drawings, and allowing users to maintain a watchlist with real-time quotes. However, neither app currently supports watchlist symbol syncing, meaning users must manually update their watchlists separately on mobile and online accounts.
When it comes to user experience and satisfaction, both HYCM and ActivTrades receive a solid rating of four out of five stars for their mobile trading apps. Despite the similar ratings, ActivTrades ranks higher at #19 compared to HYCM's #37 in the mobile trading apps category according to ForexBrokers.com. While both brokers offer similar functionalities in their apps, those seeking a slightly higher-ranked mobile experience might lean towards ActivTrades, while others may find HYCM's offerings sufficiently meet their trading needs.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Android App
info
|
Yes
|
Yes
|
Apple iOS App
info
|
Yes
|
Yes
|
Mobile Alerts - Basic Fields
info
|
Yes
|
Yes
|
Watchlist Syncing
info
|
No
|
No
|
Mobile Charting - Indicators / Studies
info
|
30
|
30
|
Mobile Charting - Draw Trendlines
info
|
Yes
|
Yes
|
Mobile Charting - Multiple Time Frames
info
|
Yes
|
Yes
|
Mobile Charting - Drawings Autosave
info
|
Yes
|
Yes
|
Mobile Watchlist
info
|
Yes
|
Yes
|
Dive deeper: Best Forex Trading Apps.
Market research
When comparing the market research offerings of HYCM (Henyep Capital Markets) and ActivTrades, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters, helping traders stay informed about market movements. However, HYCM stands out by providing technical analysis tools from Trading Central, offering deeper insights into market trends, while ActivTrades does not offer this resource. In contrast, ActivTrades provides a sentiment-based trading tool, which HYCM lacks, allowing traders to gauge market sentiment by viewing the ratio of long and short positions across currency pairs and other instruments.
Both brokers offer an economic calendar to keep traders updated on global news events that might affect different economies around the world. Despite each having strengths, ActivTrades is rated slightly higher for research with 4 stars, compared to HYCM's 3.5 stars. This evaluation is reflected in their rankings among 63 brokers, with ActivTrades positioned at #30 and HYCM at #35 in the Research category according to ForexBrokers.com. While neither broker provides tools from Autochartist or Acuity Trading, these comparisons can help traders decide which platform better suits their research needs.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Daily Market Commentary
info
|
Yes
|
Yes
|
Forex News (Top-Tier Sources)
info
|
Yes
|
Yes
|
Autochartist
info
|
No
|
No
|
Trading Central (Recognia)
info
|
Yes
|
No
|
Social Sentiment - Currency Pairs
info
|
No
|
Yes
|
TipRanks
info
|
No
|
No
|
Signal Centre (Acuity Trading)
info
|
No
|
No
|
Economic Calendar
info
|
Yes
|
Yes
|
Dive deeper: Best Brokers for Forex Research.
Beginners and education
When comparing the educational resources for beginners offered by HYCM (Henyep Capital Markets) and ActivTrades, both brokers offer a variety of materials to help newcomers learn about forex and CFDs trading. Each provides over ten educational pieces, such as articles and videos, focused primarily on forex or CFDs. Both brokers also feature searchable archives of previously recorded webinars. They offer beginner trading videos, but ActivTrades stands out by also delivering advanced educational videos tailored for more experienced traders. While HYCM might not host online educational webinars monthly, ActivTrades ensures regular live sessions for its clients, providing a more dynamic learning environment.
In terms of additional resources, HYCM takes the lead with an investor dictionary featuring over 50 investment terms, offering a helpful tool for beginners to understand trading jargon. In terms of ratings and rankings, ActivTrades receives a slightly higher education rating of 4 stars compared to HYCM's 3.5 stars. Interestingly, HYCM is ranked higher at #32 compared to ActivTrades at #38 in the Education category by ForexBrokers.com. Overall, both brokers offer comprehensive educational support for beginners, but ActivTrades provides a more interactive learning experience with its monthly webinars and advanced video content.
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
Education (Forex or CFDs)
info
|
Yes
|
Yes
|
Client Webinars
info
|
No
|
Yes
|
Client Webinars (Archived)
info
|
Yes
|
Yes
|
Videos - Beginner Trading Videos
info
|
Yes
|
Yes
|
Videos - Advanced Trading Videos
info
|
No
|
Yes
|
Investor Dictionary (Glossary)
info
|
Yes
|
No
|
Dive deeper: Best Forex Brokers for Beginners.
Winner
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 #29, while ActivTrades finished with an overall rank of #33.
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). That said, HYCM offers a narrow range of symbols to forex and CFD traders.
FAQs
Can you trade cryptocurrency with HYCM (Henyep Capital Markets) or ActivTrades?
Neither HYCM (Henyep Capital Markets) nor ActivTrades offer the ability to buy actual (delivered) cryptocurrencies, but both provide options to trade cryptocurrency derivatives.
What funding options does each broker offer?
While both HYCM (Henyep Capital Markets) and ActivTrades do not support ACH or SEPA transfers or PayPal for transactions, they both offer Skrill, Visa, Mastercard, and bank wire options, providing reliable online broker services with versatile financial flexibility for users.
announcementPlease 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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Overall Rating
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Overall Rating info
|
|
|
|
Commissions & Fees |
|
|
|
Range of Investments |
|
|
|
Platforms & Tools |
|
|
|
Mobile Trading |
|
|
|
Research |
|
|
|
Education |
|
|
|
Trust Score info
|
86
|
81
|
|
Winner |
check_circle
|
|
|
Review |
HYCM (Henyep Capital Markets) Review
|
ActivTrades Review
|
|
Broker Screenshots
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Trading Platforms Gallery (click to expand) info
|
|
|
|
Mobile Trading Gallery (click to expand) info
|
|
|
|
Research Gallery (click to expand) info
|
|
|
|
Education Gallery (click to expand) info
|
|
|
|
Regulation
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Trust Score info
|
86
|
81
|
|
Year Founded info
|
1977
|
2001
|
|
Publicly Traded (Listed) info
|
No
|
No
|
|
Bank info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
No
info
|
No
|
|
Tier-1 Licenses info
|
2
|
2
|
|
Tier-2 Licenses info
|
1
|
1
|
|
Tier-3 Licenses info
|
0
|
0
|
|
Tier-4 Licenses info
|
1
|
2
|
|
Tier-1 Licenses (Highly Trusted)
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Australia (ASIC Authorised) info
|
No
|
No
|
|
Canada (CIRO Authorised) info
|
No
|
No
|
|
Hong Kong (SFC Authorised) info
|
Yes
|
No
|
|
Japan (SFC Authorised) info
|
No
|
No
|
|
Singapore (MAS Authorised) info
|
No
|
No
|
|
Switzerland (FINMA Authorised) info
|
No
|
No
|
|
United Kingdom (U.K.) (FCA Authorised) info
|
Yes
|
Yes
|
|
USA (CFTC Authorized) info
|
No
|
No
|
|
New Zealand (FMA Authorised) info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
No
info
|
No
|
|
Tier-2 Licenses (Trusted)
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Kenya (CMA Authorised) info
|
No
|
No
|
|
Israel (ISA Authorised) info
|
No
|
No
|
|
South Africa (FSCA Authorised) info
|
No
|
No
|
|
UAE (DFSA/Central Bank Authorised) info
|
Yes
|
No
|
|
India (SEBI Authorised) info
|
No
|
No
|
|
Jordan (JSC Authorised) info
|
No
|
No
|
|
Investments
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Forex Trading (Spot or CFDs) info
|
Yes
|
Yes
|
|
Tradeable Symbols (Total) info
|
1199
|
1267
|
|
Forex Pairs (Total) info
|
70
|
49
|
|
U.S. Stock Trading (Non CFD) info
|
Yes
|
No
|
|
Int'l Stock Trading (Non CFD) info
|
Yes
|
Yes
|
|
Social Trading / Copy Trading info
|
No
|
Yes
|
|
Cryptocurrency (Physical) info
|
No
|
No
|
|
Cryptocurrency (Derivative) info
|
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 info
|
1.2
info
|
0.98
info
|
|
All-in Cost EUR/USD - Active info
|
0.6
info
|
N/A
|
|
Active Trader or VIP Discounts info
|
Yes
|
No
|
|
Inactivity Fee info
|
No
|
Yes
|
|
Execution: Agency Broker info
|
Yes
|
No
|
|
Execution: Market Maker info
|
Yes
|
Yes
|
|
Funding
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Minimum Deposit info
|
$20
|
$0
|
|
PayPal (Deposit/Withdraw) info
|
No
|
No
|
|
Skrill (Deposit/Withdraw) info
|
Yes
|
Yes
|
|
Visa/Mastercard (Credit/Debit) info
|
Yes
|
Yes
|
|
Bank Wire (Deposit/Withdraw) info
|
Yes
|
Yes
|
|
ACH or SEPA Transfers info
|
No
|
No
|
|
Trading Platforms
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Proprietary Platform info
|
Yes
|
Yes
|
|
Desktop Platform (Windows) info
|
Yes
|
Yes
|
|
Web Platform info
|
Yes
|
Yes
|
|
Social Trading / Copy Trading info
|
No
|
Yes
|
|
MetaTrader 4 (MT4) info
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5) info
|
Yes
|
Yes
|
|
cTrader info
|
No
|
No
|
|
DupliTrade info
|
No
|
No
|
|
ZuluTrade info
|
No
|
No
|
|
Trading Tools
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
Alerts - Basic Fields info
|
Yes
|
Yes
|
|
Watchlists - Total Fields info
|
7
|
11
|
|
Charting - Indicators / Studies (Total) info
|
30
|
30
|
|
Charting - Drawing Tools (Total) info
|
15
|
15
|
|
Charting - Trade From Chart info
|
Yes
|
Yes
|
|
Charts can be saved info
|
Yes
|
Yes
|
|
Mobile Trading
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Android App info
|
Yes
|
Yes
|
|
Apple iOS App info
|
Yes
|
Yes
|
|
Mobile Alerts - Basic Fields info
|
Yes
|
Yes
|
|
Mobile Watchlist info
|
Yes
|
Yes
|
|
Watchlist Syncing info
|
No
|
No
|
|
Mobile Charting - Indicators / Studies info
|
30
|
30
|
|
Mobile Charting - Draw Trendlines info
|
Yes
|
Yes
|
|
Mobile Charting - Multiple Time Frames info
|
Yes
|
Yes
|
|
Mobile Charting - Drawings Autosave info
|
Yes
|
Yes
|
|
Mobile Economic Calendar info
|
Yes
|
Yes
|
|
Research
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Daily Market Commentary info
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources) info
|
Yes
|
Yes
|
|
Autochartist info
|
No
|
No
|
|
Trading Central (Recognia) info
|
Yes
|
No
|
|
TipRanks info
|
No
|
No
|
|
Social Sentiment - Currency Pairs info
|
No
|
Yes
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
Education
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
Education (Forex or CFDs) info
|
Yes
|
Yes
|
|
Client Webinars info
|
No
|
Yes
|
|
Client Webinars (Archived) info
|
Yes
|
Yes
|
|
Videos - Beginner Trading Videos info
|
Yes
|
Yes
|
|
Videos - Advanced Trading Videos info
|
No
|
Yes
|
|
Investor Dictionary (Glossary) info
|
Yes
|
No
|
|
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