Written by ForexBrokers.com
In this head to head comparison of Admirals vs HYCM (Henyep Capital Markets), 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.
Admirals, founded in 2001, and HYCM (Henyep Capital Markets), established in 1977, are both well-regarded online brokers offering various financial services. Neither Admirals nor HYCM is publicly traded or operates as a bank. Admirals boasts a high Trust Score of 93, signifying a highly trusted status according to ForexBrokers.com. It holds four Tier-1 licenses and three Tier-2 licenses, enhancing its credibility and trustworthiness.
In contrast, HYCM has a Trust Score of 86, denoting a trusted rating. HYCM holds two Tier-1 licenses and one Tier-2 license. Both brokers provide dependable services, with Admirals slightly leading in terms of licensing and trust, making it an appealing choice for cautious investors. Though both brokers have a trustworthy reputation, Admirals' additional licenses and higher Trust Score can offer more reassurance to potential clients focused on regulatory strength.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2001 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees, Admirals presents competitive pricing with typical spreads of 0.8 on their Trade account. Their Zero account type features similar pricing, making them an attractive choice for traders seeking cost-effective options. Admirals receives a commendable rating of 4.5 stars for its commissions and fees framework, and it ranks 17th out of 63 brokers according to ForexBrokers.com.
Alternatively, HYCM offers competitive pricing on its Raw account, with an all-in cost of approximately 0.6 pips for the EUR/USD currency pair once the commission is included. However, its Classic account is costlier, featuring a variable spread starting from 1.2 pips. For traders interested in fixed spreads, HYCM provides an account with a fixed spread of 1.5 pips. Like Admirals, HYCM also garners a 4.5-star rating for its commissions and fees, ranking slightly higher at 15th out of 63 brokers as listed by ForexBrokers.com.
Both Admirals and HYCM offer competitive commission and fee structures, each earning a stellar rating of 4.5 stars. Admirals captures attention with its consistent spreads, while HYCM provides flexibility with multiple account types, each designed to cater to different trading preferences. Although their pricing strategies differ, both brokers remain well-regarded options for traders prioritizing costs, with HYCM slightly edging out Admirals in the rankings.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 0.8 | 1.2 |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Admirals and HYCM (Henyep Capital Markets), both brokers provide opportunities to engage in forex trading as CFDs or spot contracts, however, Admirals boasts a wider selection with 8,702 tradable symbols compared to HYCM's 1,199. Admirals also leads in the number of tradable forex pairs, offering 82 pairs to HYCM’s 70. Both brokers offer clients the chance to invest in exchange-traded securities on U.S. and international exchanges, enabling the purchase of shares like Apple and Vodafone. However, Admirals has a distinct advantage by offering copy trading, a feature not available with HYCM. Neither platform allows the purchase of actual cryptocurrency, but both provide options for cryptocurrency derivatives.
In terms of overall investment range satisfaction, Admirals receives a rating of 4.5 stars for its diverse offerings, whereas HYCM scores 4 stars. This diversity is reflected in their rankings by ForexBrokers.com, where Admirals is placed 19th out of 63 brokers, surpassing HYCM, which holds the 33rd spot. For investors seeking a broad array of trading options and advanced features like copy trading, Admirals might be the more appealing choice. Nonetheless, both brokers present robust solutions suitable for a variety of trading strategies.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 1199 |
| Forex Pairs (Total) | 82 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Admirals and HYCM both offer a variety of tools and platforms to accommodate traders' needs. Each broker provides a proprietary platform tailored for their users alongside popular options like MetaTrader 4 and MetaTrader 5. Clients of both firms can also utilize Windows-based desktop downloads or web-based trading platforms for flexibility. Simulated trading is available through free virtual demo accounts provided by both brokers, ensuring clients can practice their strategies. While Admirals extends copy trading services, this feature isn't available at HYCM.
Admirals stands out with a significantly larger selection of 106 drawing tools for charting compared to HYCM's 15, which might appeal to traders who value extensive charting capabilities. However, both brokers support trading directly from stock charts and offer seven columns for watch lists. Admirals was rated 4 stars for its trading platforms and tools, ranking 19th among 63 brokers on ForexBrokers.com, while HYCM also received 4 stars but holds the 40th spot. This suggests a slightly more favorable user experience with Admirals in this category.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Admirals and HYCM offer fully functional mobile trading apps available on iPhone and Android devices, ensuring accessibility for traders on the go. Users can look forward to receiving stock or forex price alerts and creating watchlists with real-time quotes on both platforms. Admirals and HYCM also support drawing trendlines and viewing charts across multiple time frames, enhancing the trading experience. Although neither platform offers watchlist symbol syncing across devices, both brokers equip their mobile charting tools with 30 technical studies and auto-save features for drawings.
While both Admirals and HYCM mobile apps have been rated 4 out of 5 stars for their capabilities, ForexBrokers.com ranks Admirals higher at #23 compared to HYCM’s ranking of #37 out of 63 brokers for mobile trading apps. Regardless, each app provides the essentials for effective mobile trading, allowing users to track the markets and manage trades efficiently.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Admirals and HYCM (Henyep Capital Markets) for market research offerings, both platforms provide daily market commentary and access to top-tier forex news sources like Bloomberg, Reuters, and Dow Jones. Additionally, they both supply technical analysis tools through Trading Central. However, Admirals takes the lead with a comprehensive suite of tools that include a sentiment-based trading tool to gauge market positions, and exclusive research from TipRanks and Acuity Trading, such as Signal Centre. HYCM, on the other hand, lacks these extra resources but covers essential research bases, matching Admirals' delivery of an informative economic calendar.
Admirals' expansive approach to market research is reflected in its higher rating of 4 stars, compared to HYCM's 3.5-star rating. In the ForexBrokers.com research rankings out of 63 brokers, Admirals impressively ranks at #15, while HYCM holds a position at #35. For traders seeking a more varied and in-depth research experience, Admirals appears to offer a broader range of tools and insights, making it a more resource-rich choice for comprehensive market analysis.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Admirals stands out with an extensive range of offerings. They provide more than ten educational pieces focused on forex and CFDs, along with monthly online webinars, which are perfect for those starting their trading journey. Admirals also offers a searchable archive of recorded webinars, making it easy for users to access content conveniently. Furthermore, beginners can benefit from over ten introductory videos that break down trading topics into easy-to-understand concepts. Admirals also caters to more experienced traders by including advanced educational videos. Their comprehensive investor dictionary with over 50 investing terms further enriches the learning experience.
HYCM, on the other hand, also offers a solid variety of educational content, including ten or more pieces focused on forex and CFDs. While it doesn't provide monthly webinars, it compensates with a searchable archive of past webinars, offering flexibility for those who can't attend live sessions. Beginners can explore over ten educational videos tailored to foundational trading topics, although more advanced educational content is limited. Similar to Admirals, HYCM features a detailed investor dictionary. Rated at 3.5 stars for education and ranked 32nd by ForexBrokers.com out of 63 brokers, HYCM presents a slightly less comprehensive educational resource compared to Admirals, which has a 4-star rating and holds the 12th position on the same list.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than HYCM (Henyep Capital Markets). Admirals finished with an overall rank of #18, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 93 | 86 |
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Both Admirals and HYCM (Henyep Capital Markets) do not offer the option to buy actual (delivered) cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
Admirals provides a versatile range of deposit and withdrawal options including ACH, SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, giving it an edge over HYCM (Henyep Capital Markets), which supports Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.
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.
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0 of 5| Overall Rating | Admirals | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | Admirals Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Admirals | HYCM (Henyep Capital Markets) | |
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| Regulation | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 2001 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 1199 | |
| Forex Pairs (Total) | 82 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review | HYCM (Henyep Capital Markets) Review |
| Overall | Admirals | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | Admirals Review | HYCM (Henyep Capital Markets) Review |
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