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.
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.
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 |
When comparing commissions and fees, HYCM (Henyep Capital Markets) comes out slightly ahead of ActivTrades. HYCM’s Raw account offers competitive pricing, with an estimated all-in cost of about 0.6 pips on EUR/USD after commission. Its Classic account is more expensive, with variable spreads starting from 1.2 pips, while the fixed-spread account has a spread of 1.5 pips. HYCM is rated 4.5 out of 5 stars for commissions and fees and ranks No. 18 out of 36 brokers.
ActivTrades also keeps pricing fairly close to the market average, with spreads that are a little better than average but not among the lowest-cost options available. The broker offers an Individual Account, plus Professional and Islamic Account choices, and spreads are generally the same across account types. For EUR/USD, ActivTrades reported an average spread of 0.98 pips in May 2024. It is rated 4 out of 5 stars for commissions and fees and ranks No. 23 out of 36 brokers.
In simple terms, HYCM may be the better pick if lower trading costs are your main goal, especially on its Raw account. ActivTrades can still be a solid choice for traders who want straightforward account options and pricing that is near the industry average, but it is a bit less competitive than HYCM on fees overall.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 1.08 |
| All-in Cost EUR/USD - Raw spread account | 0.6 | 0.92 |
| Non-wire bank transfer (Deposit/Withdraw) | 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, along with cryptocurrency CFDs, international exchange-traded securities, and a similar overall range of investment choices. HYCM lists 1,199 tradeable symbols and stands out for offering more forex pairs than ActivTrades, with 70 pairs compared with 49. It also lets clients buy actual shares on U.S. exchanges, such as Apple, which ActivTrades does not offer.
ActivTrades offers a slightly larger total list of tradeable symbols, with 1,267 compared with HYCM’s 1,199, and it also includes copy trading, which HYCM does not. Both brokers allow access to international shares and do not support buying real cryptocurrency directly. In ForexBrokers.com’s Range of Investments category, both are rated 4 out of 5 stars, with ActivTrades ranked #26 out of 36 brokers and HYCM ranked #28 out of 36.
| 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 Windows desktop app, a web-based platform, and support for both MetaTrader 4 and MetaTrader 5. Each broker also offers its own in-house platform, and both let users trade directly from charts. In other words, if you want flexible access across devices and familiar trading software, either broker can meet those basic needs.
The main difference is copy trading: ActivTrades offers it, while HYCM does not. For trading platforms and tools, both brokers earn 4 out of 5 stars, but ActivTrades is ranked higher by ForexBrokers.com, coming in at #28 out of 36 brokers compared with HYCM at #35. That gives ActivTrades a slight edge overall in this category, especially for traders who want copy trading as part of their setup.
| 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 both give mobile traders a similar set of tools. Each broker offers iPhone and Android apps, price alerts, 30 technical studies for charting, trendline drawing, and auto-saving for chart drawings. One key limit for both is that watchlists do not sync between the mobile app and the online account, so changes made in one place will not show up in the other.
When it comes to overall mobile app ratings, both brokers receive 4 out of 5 stars. The main difference is in their ranking by ForexBrokers.com: ActivTrades places higher at #21 out of 36 brokers, while HYCM ranks #33. For mobile trading, that suggests ActivTrades has a slight edge, even though the core app features are largely the same.
| 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.
When it comes to market research, HYCM (Henyep Capital Markets) and ActivTrades both give traders useful day-to-day information. Each broker offers daily market commentary, forex news from major sources like Bloomberg, Reuters, or Dow Jones, and an economic calendar to track upcoming global events. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools, so their research offerings are fairly similar in those areas.
The main difference is in their extra research tools. HYCM offers Trading Central, which can help traders spot technical setups, while ActivTrades does not. ActivTrades, however, provides a sentiment tool that shows how many traders are long or short on a market, and HYCM does not. Overall, ActivTrades has the edge for research, with a 4-star rating and a #28 rank out of 36 brokers, compared with HYCM’s 3.5-star rating and #32 ranking.
| 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 help learning to trade, both HYCM and ActivTrades provide a good amount of starter content. Each broker offers at least 10 beginner-focused educational videos, so new traders can find basic lessons on trading topics without much trouble. HYCM also offers forex or CFD education material, but it does not run monthly client webinars. ActivTrades also offers forex or CFD education material, and it goes further by hosting online educational webinars at least once a month, which may be useful for beginners who want live guidance and a chance to learn in real time.
When it comes to more advanced learning, ActivTrades has the edge because it offers at least 10 advanced educational videos, while HYCM does not meet that mark. That said, HYCM scores 3.5 out of 5 stars for Education and ranks #28 out of 36 brokers at ForexBrokers.com, compared with ActivTrades at 4 out of 5 stars and #32 out of 36. In simple terms, ActivTrades offers more learning formats and deeper content, while HYCM still provides solid beginner material and a slightly better ranking in this category.
| 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
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 85 | 80 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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) - Spread-only account | 1.3 | 1.08 | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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 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 | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Overall | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
XM
Pepperstone
FP Markets
Tickmill
HFM Markets