Admiral Markets vs HYCM (Henyep) Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Admiral Markets vs HYCM (Henyep).
Does Admiral Markets or HYCM (Henyep) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, HYCM (Henyep)
offers better pricing overall for traders.
Is Admiral Markets or HYCM (Henyep) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Admiral Markets holds 3 global Tier-1 licenses, while HYCM (Henyep) holds 2. Both Admiral Markets and HYCM (Henyep) hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Admiral Markets earned a higher Trust Score than HYCM (Henyep).
Which trading platform is better: Admiral Markets or HYCM (Henyep)?
To compare the trading platforms of both Admiral Markets and HYCM (Henyep), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Admiral Markets offers a better experience. With research, Admiral Markets offers superior market research. Finally, we found Admiral Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Admiral Markets and HYCM (Henyep) offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Admiral Markets provides traders 80 currency pairs (e.g., EUR/USD) compared to HYCM (Henyep)'s 70 available pairs. Forex pairs aside, Admiral Markets offers traders access to 6942 CFDs while HYCM (Henyep) has 362 available CFDs, a difference of 6580.
Can I trust Admiral Markets?
Admiral Markets is not publicly traded and does not operate a bank. Admiral Markets is authorised by three tier-1 regulators (high trust), two tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Admiral Markets is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), and Australian Securities & Investment Commission (ASIC).
Can I trust HYCM (Henyep)?
HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).
Is Admiral Markets good?
Traders choose Admiral Markets (Admirals) for its excellent investor education and advanced MetaTrader features โ such as the Supreme add-ons โ alongside an extensive range of shares, forex and CFD markets, and premium research content.
Is HYCM (Henyep) good?
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.
Overall winner: Admiral Markets
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We review each brokerโs overall global offering โ a โYesโ 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.