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
HYCM (Henyep Capital Markets), established in 1977, and ACY Securities, founded in 2011, are both notable names in the world of online trading. Neither company is publicly traded or operates as a bank. When considering trust ratings based on ForexBrokers.com criteria, HYCM stands with a Trust Score of 86, aligning it with the "trusted" category, while ACY Securities holds a score of 75, placing it in the "average risk" range.
Regulatory licenses further distinguish these two brokers. HYCM holds an impressive two Tier-1 licenses, highly trusted according to ForexBrokers.com, along with one Tier-2 license. In contrast, ACY Securities possesses one Tier-1 license but lacks any Tier-2 licenses. This regulatory contrast highlights the stronger regulatory framework surrounding HYCM, offering insights for traders considering their options.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
Year Founded
info
|
1977
|
2011
|
Publicly Traded (Listed)
info
|
No
|
No
|
Bank
info
|
No
|
No
|
Tier-1 Licenses
info
|
2
|
1
|
Tier-2 Licenses
info
|
1
|
0
|
Tier-3 Licenses
info
|
0
|
0
|
Tier-4 Licenses
info
|
1
|
1
|
Fees
HYCM (Henyep Capital Markets) and ACY Securities both deliver competitive pricing for active forex traders, each earning 4.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s 2024 category rankings, HYCM places #16 out of 63 brokers, while ACY Securities ranks #22 out of 63.
HYCM’s Raw account is the standout for low costs, with an all-in price around 0.6 pips on EUR/USD after commission. Its Classic account is simpler but pricier, with variable spreads starting from 1.2 pips, and there’s also a fixed-spread option at 1.5 pips. Traders focused on minimizing spread costs will likely prefer the Raw account.
ACY Securities offers three account types to match different budgets and trading styles. The Standard account is commission-free with average EUR/USD spreads of 1.2 pips (September 2021) and just a $50 minimum deposit, though its pricing is slightly above the industry average. The ProZero and Bespoke accounts charge commissions but lower average spreads to about 0.25 pips (September 2021); minimum deposits start at $200 for ProZero and $10,000 for Bespoke, with commissions of $6 and $5 per round turn, respectively. In Australia, the ProZero commission drops to $3 per round turn, cutting effective spreads to about 0.55 pips (September 2021). High-volume traders can also use ACY’s 10-tier active trader program to reduce costs by 0.5 pips per lot after 50+ standard lots per month.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
Minimum Deposit
info
|
$20
|
$50
|
Average Spread EUR/USD - Standard
info
|
1.2
info |
1.2
info |
All-in Cost EUR/USD - Active
info
|
0.6
info |
0.85
info |
Active Trader or VIP Discounts
info
|
Yes
|
Yes
|
ACH or SEPA Transfers
info
|
No
|
Yes
|
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 ACY Securities both let you trade forex as CFDs or spot. ACY lists about 2,200 tradeable symbols, outpacing HYCM’s 1,199, while HYCM edges ahead on currency choice with 70 forex pairs versus ACY’s 66. Both brokers provide cryptocurrency exposure through derivatives, but neither lets you buy actual coins. In ForexBrokers.com’s Range of Investments category, each earns 4 stars, with ACY ranked #31 of 63 and HYCM at #34.
For exchange-traded stocks, HYCM stands out: you can buy U.S. shares and international shares (for example, Apple and Vodafone). ACY does not offer exchange-traded shares. If you want copy trading, ACY has it while HYCM does not. In short, choose HYCM for real share dealing alongside forex, or pick ACY for a larger overall instrument list and access to copy trading.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
Forex Trading (Spot or CFDs)
info
|
Yes
|
Yes
|
Tradeable Symbols (Total)
info
|
1199
|
2200
|
Forex Pairs (Total)
info
|
70
|
66
|
U.S. Stock Trading (Non CFD)
info
|
Yes
|
No
|
Int'l Stock Trading (Non CFD)
info
|
Yes
|
No
|
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 ACY Securities both cover the essentials for trading platforms and tools. Each offers a free demo account for simulated trading, an in-house proprietary platform, a Windows desktop download, and a web-based platform. Both also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade directly from charts, use 15 drawing tools, and manage markets with 7 watch-list columns; indicator counts were not specified. Neither broker integrates with DupliTrade or ZuluTrade.
The main difference is copy trading: ACY Securities offers it, while HYCM does not. For Trading Platforms and Tools, both are rated 4 stars by ForexBrokers.com, with HYCM ranked #41 out of 63 brokers and ACY close behind at #42. If copy trading is important to you, ACY has the edge; otherwise, their platform lineups are very similar.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
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) [DELETED]
info
|
15
|
15
|
Charting - Trade From Chart
info
|
Yes
|
Yes
|
Watchlists - Total Fields
info
|
7
|
7
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
HYCM (Henyep Capital Markets) and ACY Securities both offer iPhone and Android trading apps with similar tools. Each app supports price alerts, real-time quote watchlists, 30 technical studies for charting, trendline drawing, multiple time frames (like daily, weekly, and intraday), and auto-saving for chart drawings. For mobile charting and quick checks on forex or stock prices, both apps cover the essentials.
One shared drawback is the lack of watchlist syncing between the mobile app and the online account. In independent reviews, both apps earn 4 out of 5 stars. HYCM ranks slightly higher at #38 out of 63 in ForexBrokers.com’s Mobile Trading Apps category, while ACY Securities sits at #41. If you’re choosing between them, the decision may come down to interface preference and how the app feels in daily use.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
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
HYCM (Henyep Capital Markets) and ACY Securities both cover the basics of market research with daily market commentary and an economic calendar. HYCM goes further by providing forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and it includes Trading Central for added technical and fundamental analysis. Neither broker offers Autochartist, sentiment tools, TipRanks, or Acuity Trading features.
Both brokers hold a 3.5-star Research rating, yet HYCM ranks higher for research at 36th out of 63 brokers on ForexBrokers.com, compared with ACY Securities at 46th. If you want built-in third-party analysis and premium news, HYCM is the stronger pick. If you mainly need basic commentary and a calendar and plan to use your own external tools, ACY Securities can still do the job.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
Daily Market Commentary
info
|
Yes
|
Yes
|
Forex News (Top-Tier Sources)
info
|
Yes
|
No
|
Autochartist
info
|
No
|
No
|
Trading Central (Recognia)
info
|
Yes
|
No
|
Social Sentiment - Currency Pairs
info
|
No
|
No
|
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
For beginners looking to enhance their trading skills, both HYCM (Henyep Capital Markets) and ACY Securities deliver comprehensive educational resources. Each offers a variety of educational materials, including articles, videos, and archived webinars focused on forex and CFDs trading. These resources are designed to equip new traders with a solid understanding of the market. Both platforms provide access to a searchable archive of recorded webinars, ensuring that users can revisit past discussions and insights at their convenience. Additionally, each broker offers over ten beginner-friendly videos, making it easier for newcomers to gain foundational knowledge.
When it comes to advanced educational content, neither HYCM nor ACY Securities meets the mark of offering ten in-depth videos for experienced traders. However, HYCM stands out with an investor dictionary defining over 50 investing terms, which can be particularly useful for beginners to grasp essential terminology. While both brokers hold an equal rating of 3.5 stars for their educational offerings, HYCM ranks higher at number 32 compared to ACY Securities' position at 43 according to ForexBrokers.com. Notably, ACY Securities distinguishes itself by offering monthly webinars, providing ongoing educational engagement that HYCM does not.
Feature |
HYCM (Henyep Capital Markets)
|
ACY Securities
|
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
|
No
|
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 ACY Securities. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while ACY Securities finished with an overall rank of #41.
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 ACY Securities?
Neither HYCM (Henyep Capital Markets) nor ACY Securities offer the ability to buy actual cryptocurrency, but both provide options for purchasing cryptocurrency derivatives.
What funding options does each broker offer?
While both HYCM (Henyep Capital Markets) and ACY Securities provide options for depositing and withdrawing account funds using Skrill, Visa, Mastercard, and bank wires, only ACY Securities offers the additional convenience of ACH or SEPA transfers, making ACY a more versatile choice for individuals seeking diverse funding methods.
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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Broker Screenshots
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
Broker Gallery (click to expand) info
|
|
|
|
Regulation
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
Trust Score info
|
86
|
75
|
|
Year Founded info
|
1977
|
2011
|
|
Publicly Traded (Listed) info
|
No
|
No
|
|
Bank info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
No
info
|
No
info
|
|
Tier-1 Licenses info
|
2
|
1
|
|
Tier-2 Licenses info
|
1
|
0
|
|
Tier-3 Licenses info
|
0
|
0
|
|
Tier-4 Licenses info
|
1
|
1
|
|
Tier-1 Licenses (Highly Trusted)
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
Australia (ASIC Authorised) info
|
No
|
Yes
|
|
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
|
|
|
|
United Kingdom (U.K.) (FCA Authorised) info
|
Yes
|
No
|
|
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
info
|
|
Tier-2 Licenses (Trusted)
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
Kenya (CMA Authorised) info
|
|
|
|
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) |
ACY Securities |
|
Forex Trading (Spot or CFDs) info
|
Yes
|
Yes
|
|
Tradeable Symbols (Total) info
|
1199
|
2200
|
|
Forex Pairs (Total) info
|
70
|
66
|
|
U.S. Stock Trading (Non CFD) info
|
Yes
|
No
|
|
Int'l Stock Trading (Non CFD) info
|
Yes
|
No
|
|
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) |
ACY Securities |
|
Average Spread EUR/USD - Standard info
|
1.2
info
|
1.2
info
|
|
All-in Cost EUR/USD - Active info
|
0.6
info
|
0.85
info
|
|
Active Trader or VIP Discounts info
|
Yes
|
Yes
|
|
Inactivity Fee info
|
No
|
No
|
|
Execution: Agency Broker info
|
Yes
|
No
|
|
Execution: Market Maker info
|
Yes
|
No
|
|
Funding
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
Minimum Deposit info
|
$20
|
$50
|
|
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
|
Yes
|
|
Trading Platforms
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
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) |
ACY Securities |
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
Alerts - Basic Fields info
|
Yes
|
Yes
|
|
Watchlists - Total Fields info
|
7
|
7
|
|
Charting - Indicators / Studies (Total) info
|
30
|
30
|
|
Charting - Drawing Tools (Total) [DELETED] info
|
15
|
15
|
|
Charting - Trade From Chart info
|
Yes
|
Yes
|
|
Charts can be saved info
|
Yes
|
Yes
|
|
Mobile Trading
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
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
|
No
|
|
Research
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
Daily Market Commentary info
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources) info
|
Yes
|
No
|
|
Autochartist info
|
No
|
No
|
|
Trading Central (Recognia) info
|
Yes
|
No
|
|
TipRanks info
|
No
|
No
|
|
Social Sentiment - Currency Pairs info
|
No
|
No
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
Education
|
HYCM (Henyep Capital Markets) |
ACY Securities |
|
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
|
No
|
|
Investor Dictionary (Glossary) info
|
Yes
|
No
|
|
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