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
Comparing commissions and fees, HYCM (Henyep Capital Markets) tends to come out cheaper on EUR/USD if you choose its Raw account. HYCM is rated 4.5 out of 5 stars for commissions and fees and ranks #16 out of 63 brokers (ForexBrokers.com), while ActivTrades is rated 4 out of 5 stars and ranks #29 out of 63.
HYCM’s pricing depends on the account you choose: the Raw account delivers an all-in cost around 0.6 pips on EUR/USD after commission, which is the most cost-effective option. The Classic account uses variable spreads starting from 1.2 pips, and the fixed-spread account lists a 1.5-pip spread.
ActivTrades offers one main “Individual” account, plus Professional and Islamic options, but spreads are the same across these account types and there’s no active-trader pricing. Costs vary by asset and platform, and spreads can change during the day (they may widen around rollover). For May 2024, ActivTrades reported an average EUR/USD spread of 0.98 pips—slightly better than the industry average, though not the very lowest.
|
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|
Minimum Deposit
info
|
$20
|
$0
|
|
Average spread (EUR/USD) - Standard account
info
|
1.2
info |
0.98
info |
|
All-in Cost EUR/USD - Active
info
|
0.6
info |
N/A
|
|
Non-wire bank transfer
info
|
No
|
No
|
|
PayPal (Deposit/Withdraw)
info
|
No
|
No
|
|
Skrill (Deposit/Withdraw)
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 support forex trading as CFDs or spot. ActivTrades lists slightly more total tradeable symbols (1,267) than HYCM (1,199), while HYCM leads in currency choice with 70 forex pairs versus ActivTrades’ 49. Both brokers offer cryptocurrency via CFDs, but neither supports buying actual crypto. For share dealing, HYCM provides direct access to exchange-traded securities on both U.S. and international exchanges, whereas ActivTrades offers direct international shares but not U.S.-listed shares. ActivTrades also includes copy trading; HYCM does not.
According to ForexBrokers.com’s Range of Investments ratings, both HYCM and ActivTrades score 4 out of 5 stars, with ActivTrades ranked 32nd out of 63 brokers and HYCM ranked 34th. In short, choose HYCM if you want more forex pairs and access to U.S. shares, or pick ActivTrades if you prefer a slightly larger overall lineup and built-in copy trading.
|
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. Stocks (Shares)
info
|
Yes
|
No
|
|
Global Stocks (Non-U.S. Shares)
info
|
Yes
|
Yes
|
|
Copy Trading
info
|
No
|
Yes
|
|
Cryptocurrency (Underlying)
info
|
No
|
No
|
|
Cryptocurrency (CFDs)
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 check key boxes for platform access and ease of use. Each broker offers a free demo account, a proprietary platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus Windows desktop and web-based trading. You can place orders directly from charts with either broker. The main difference is copy trading: ActivTrades supports it, while HYCM does not.
For trading platforms and tools, both brokers earn 4 out of 5 stars from ForexBrokers.com. However, ActivTrades ranks higher in this category (#32 of 63) than HYCM (#41 of 63). If copy trading matters to you, ActivTrades has the edge; if you simply want MT4/MT5 with a choice of proprietary and browser-based platforms, both are suitable options.
|
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|
Virtual Trading (Demo)
info
|
Yes
|
Yes
|
|
Proprietary Desktop Trading Platform
info
|
Yes
|
Yes
|
|
Desktop Platform (Windows)
info
|
Yes
|
Yes
|
|
Web Platform
info
|
Yes
|
Yes
|
|
Copy Trading
info
|
No
|
Yes
|
|
MetaTrader 4 (MT4)
info
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5)
info
|
Yes
|
Yes
|
|
Charting - Indicators / Studies (Total)
info
|
30
|
30
|
|
Charting - Trade From Chart
info
|
Yes
|
Yes
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
HYCM (Henyep Capital Markets) and ActivTrades both check the key boxes for mobile traders: each has an iPhone and Android app, delivers price alerts, and includes 30 technical studies for charting. You can draw trendlines on charts in both apps, and your drawings auto save so you won’t lose your work. One limitation to know up front: neither broker offers watchlist syncing between the mobile app and the web platform, so you’ll need to maintain lists separately.
In terms of quality signals, both brokers earn 4 out of 5 stars for their mobile trading apps. However, ForexBrokers.com ranks ActivTrades higher in the Mobile Trading Apps category (#19 out of 63) compared with HYCM (#38 out of 63). If iPhone/Android access, price alerts, and solid charting tools are your priorities, either app will fit the bill; if you lean on third-party rankings to guide your choice, ActivTrades has the edge.
|
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|
Android App
info
|
Yes
|
Yes
|
|
Apple iOS App
info
|
Yes
|
Yes
|
|
Mobile Price Alerts
info
|
Yes
|
Yes
|
|
Mobile Watchlists - Syncing
info
|
No
|
No
|
|
Mobile Charting - Indicators / Studies
info
|
30
|
30
|
|
Mobile Charting - Draw Trendlines
info
|
Yes
|
Yes
|
|
Mobile Charting - Trendlines Autosave
info
|
Yes
|
Yes
|
Dive deeper: Best Forex Trading Apps.
Market research
HYCM (Henyep Capital Markets) and ActivTrades both cover the essentials for market research: each offers daily market commentary, an economic calendar, and forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Neither broker includes Autochartist, TipRanks, or Acuity/Signal Centre. Key differences: HYCM adds Trading Central tools for technical and fundamental insights, while ActivTrades does not. ActivTrades, however, provides a sentiment tool that shows long/short positioning across instruments, which HYCM lacks.
For research quality, ActivTrades is rated 4 stars and ranks #31 out of 63 brokers by ForexBrokers.com, while HYCM is rated 3.5 stars and ranks #36. Choose HYCM if you value Trading Central analysis inside your workflow; pick ActivTrades if a built-in sentiment gauge and slightly higher overall research score matter more to you.
|
Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|
Daily Market Commentary (Articles)
info
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources)
info
|
Yes
|
Yes
|
|
Autochartist
info
|
No
|
No
|
|
Trading Central
info
|
Yes
|
No
|
|
Client sentiment data
info
|
No
|
Yes
|
|
TipRanks
info
|
No
|
No
|
|
Acuity Trading
info
|
No
|
No
|
|
Economic Calendar
info
|
Yes
|
Yes
|
Dive deeper: Best Brokers for Forex Research.
Beginners and education
For beginner traders comparing HYCM (Henyep Capital Markets) and ActivTrades, both brokers provide a clear starting point with at least 10 beginner-friendly trading videos. The key differences show up as you look for extras: ActivTrades hosts online educational webinars at least once a month, while HYCM does not. ActivTrades also offers 10+ advanced videos tailored to experienced traders, whereas HYCM falls short in that area. If you want live lessons and a deeper path as your skills grow, ActivTrades has the edge.
When it comes to third-party evaluations, HYCM holds a 3.5 out of 5 star education rating and ranks #32 out of 63 brokers for Education at ForexBrokers.com. ActivTrades earns a higher 4 out of 5 stars for Education, yet ranks slightly lower at #38 out of 63. In short: choose ActivTrades if ongoing webinars and advanced content matter most; pick HYCM if you’re focused on beginner videos and prefer a broker that sits a bit higher in the education category ranking.
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?
In the HYCM (Henyep Capital Markets) vs ActivTrades cryptocurrency comparison, neither broker supports buying actual (delivered) crypto, but both offer cryptocurrency CFDs.
What funding options does each broker offer?
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.
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.
navigate_before
navigate_next
|
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 |
|
|
Broker 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
|
|
|
|
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
|
|
|
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
|
|
|
|
Tier-2 Licenses (Trusted)
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
|
Kenya (CMA Authorised) info
|
|
No
|
|
|
Israel (ISA Authorised) info
|
No
|
No
|
|
|
South Africa (FSCA Authorised) info
|
No
|
No
|
|
|
UAE (DFSA, FSRA, or SCA Authorised) info
|
Yes
|
No
|
|
|
India (SEBI Authorised) info
|
No
|
No
|
|
|
Jordan (JSC Authorised) info
|
|
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. Stocks (Shares) info
|
Yes
|
No
|
|
|
Global Stocks (Non-U.S. Shares) info
|
Yes
|
Yes
|
|
|
Copy Trading info
|
No
|
Yes
|
|
|
Cryptocurrency (Underlying) info
|
No
|
No
|
|
|
Cryptocurrency (CFDs) 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 account info
|
1.2
info
|
0.98
info
|
|
|
All-in Cost EUR/USD - Active info
|
0.6
info
|
N/A
|
|
|
Inactivity Fee info
|
No
|
Yes
|
|
|
Order execution: Agency info
|
Yes
|
No
|
|
|
Order 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
|
|
|
Bank Wire (Deposit/Withdraw) info
|
Yes
|
Yes
|
|
|
Non-wire bank transfer info
|
No
|
No
|
|
|
Trading Platforms
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
|
Proprietary Desktop Trading Platform info
|
Yes
|
Yes
|
|
|
Desktop Platform (Windows) info
|
Yes
|
Yes
|
|
|
Web Platform info
|
Yes
|
Yes
|
|
|
Copy Trading info
|
No
|
Yes
|
|
|
MetaTrader 4 (MT4) info
|
Yes
|
Yes
|
|
|
MetaTrader 5 (MT5) info
|
Yes
|
Yes
|
|
|
cTrader info
|
No
|
No
|
|
|
Trading Tools
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
|
Price Alerts info
|
Yes
|
Yes
|
|
|
Charting - Indicators / Studies (Total) info
|
30
|
30
|
|
|
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 Price Alerts info
|
Yes
|
Yes
|
|
|
Mobile Watchlist [DELETED] info
|
|
|
|
|
Mobile Watchlists - Syncing info
|
No
|
No
|
|
|
Mobile Charting - Indicators / Studies info
|
30
|
30
|
|
|
Mobile Charting - Draw Trendlines info
|
Yes
|
Yes
|
|
|
Mobile Charting - Trendlines Autosave info
|
Yes
|
Yes
|
|
|
Mobile Research - Economic Calendar info
|
Yes
|
Yes
|
|
|
Research
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
|
Daily Market Commentary (Articles) info
|
Yes
|
Yes
|
|
|
Forex News (Top-Tier Sources) info
|
Yes
|
Yes
|
|
|
Autochartist info
|
No
|
No
|
|
|
Trading Central info
|
Yes
|
No
|
|
|
TipRanks info
|
No
|
No
|
|
|
Client sentiment data info
|
No
|
Yes
|
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
|
Education
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
|
Webinars info
|
No
|
Yes
|
|
|
Videos - Beginner Trading Videos info
|
Yes
|
Yes
|
|
|
Videos - Advanced Trading Videos info
|
No
|
Yes
|
|
|
Major Forex Pairs
|
HYCM (Henyep Capital Markets) |
ActivTrades |
|
|
GBP/USD [DELETED] info
|
|
|
|
|
USD/JPY [DELETED] info
|
|
|
|
|
EUR/USD info
|
Yes
|
Yes
|
|
|
USD/CHF [DELETED] info
|
|
|
|
|
USD/CAD [DELETED] info
|
|
|
|
|
NZD/USD [DELETED] info
|
|
|
|
|
AUD/USD [DELETED] info
|
|
|
|
|
Review |
HYCM (Henyep Capital Markets) Review
|
ActivTrades Review
|
|
arrow_upward