Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs ATFX, 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.
Founded in 1977, HYCM (Henyep Capital Markets) has established itself over the decades in the online trading world. Although not publicly traded and not a bank, HYCM is regulated by several authorities. It holds two Tier-1 licenses, highlighting its commitment to safety and trustworthiness. With a ForexBrokers.com Trust Score of 86 out of 99, HYCM is considered trusted, making it a solid choice for those seeking a broker with a long-standing presence in the market.
Compared to HYCM, ATFX is relatively newer, having been founded in 2017. Despite its shorter history, ATFX is regulated by multiple authorities and boasts four Tier-1 licenses, reflecting a strong level of trust according to ForexBrokers.com. Like HYCM, ATFX is not publicly traded and is not a bank. It holds a Trust Score of 85 out of 99, positioning it as a reliable option in the eyes of many traders. Both platforms offer regulatory assurance, but ATFX edges slightly ahead with an additional Tier-1 license.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Year Founded | 1977 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 1 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers, HYCM (Henyep Capital Markets) and ATFX present distinct offerings. HYCM's Raw account provides competitive pricing with an all-in cost of around 0.6 pips for the EUR/USD pair, including commission. For those preferring a variable spread, HYCM's Classic account starts from 1.2 pips, while their fixed-spread account offers a spread of 1.5 pips. In contrast, ATFX does not provide detailed average spread data, making it challenging to compare directly in terms of cost-effectiveness.
Considering user ratings, HYCM outshines ATFX with a commendable rating of 4.5 stars for commissions and fees, reflecting its cost-competitive offerings. Conversely, ATFX has a more modest rating of 3 stars, indicating a less favorable pricing structure in comparison. These ratings significantly impact a trader's potential return on investment and may influence the choice of broker based on cost preferences.
In terms of ranking among 62 brokers as evaluated by ForexBrokers.com, HYCM stands strong at position #15 for the Commissions and Fees category. This impressive ranking highlights HYCM's effectiveness in balancing costs for traders. On the other hand, ATFX is positioned at #59, suggesting a less attractive option for those keen on minimizing fees. These rankings serve as a valuable point of reference for traders looking to weigh their options based on expenses associated with trading.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Minimum Deposit | $20 | $500 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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 the range of investments offered by HYCM (Henyep Capital Markets) and ATFX, it's clear that HYCM provides a broader selection of trading opportunities. HYCM stands out with 1,199 tradeable symbols, including 70 forex pairs, whereas ATFX offers 150 tradeable symbols and 44 forex pairs. A notable advantage is HYCM's availability of exchange-traded securities on both U.S. and international markets, enabling clients to invest directly in companies like Apple and Vodafone. In contrast, ATFX does not provide access to exchange-traded securities for these markets.
Both brokers allow trading of cryptocurrency derivatives but do not offer delivery of the actual cryptocurrency. While HYCM does not support copy trading, ATFX does, which may appeal to beginners or those interested in replicating the trades of experienced investors. HYCM receives a higher rating of 4 stars for its range of investments compared to ATFX's 3.5 stars, reflecting the greater variety and flexibility it offers to traders. Additionally, HYCM is ranked #33 among 62 brokers by ForexBrokers.com in the Range of Investments category, significantly higher than ATFX's ranking at #57.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 150 |
| Forex Pairs (Total) | 70 | 44 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
HYCM (Henyep Capital Markets) and ATFX both provide essential tools for traders, including the availability of free virtual demo accounts for practice trading. While both brokers feature Windows-based desktop platforms and web-based trading options, a significant difference is that HYCM offers a proprietary platform developed in-house, whereas ATFX does not. Both brokers support popular platforms MetaTrader 4 and MetaTrader 5, but only ATFX offers copy trading services. Both companies allow trading directly from stock charts and offer 15 drawing tools for charting purposes.
In terms of technical framework, HYCM and ATFX offer seven columns for watch lists. HYCM scores slightly higher in trading platform ratings with four stars compared to ATFX’s 3.5 stars, and is ranked 40th out of 62 brokers by ForexBrokers.com, while ATFX occupies the 61st position. Neither broker supports DupliTrade or ZuluTrade. When choosing between HYCM and ATFX, consider factors like proprietary platform availability and copy trading features as part of your decision-making process.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| 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) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of HYCM (Henyep Capital Markets) and ATFX, both brokers provide apps for iPhone and Android users. They also offer features such as stock and forex price alerts, trendline drawing capabilities, and the ability to view multiple time frames on a stock or forex chart. However, neither supports watchlist symbol syncing between the app and a user's online account. HYCM stands out with 30 technical studies available for its charting services, whereas ATFX offers only 7. Additionally, both brokers allow users to create watchlists with real-time quotes, and their apps automatically save chart drawings.
In terms of overall ratings and rankings, HYCM’s mobile app receives a solid 4-star rating, while ATFX’s app holds a 3.5-star rating. According to rankings by ForexBrokers.com, HYCM is placed at 37 out of 62 brokers, showcasing a stronger performance compared to ATFX, which is ranked at 62. Whether you are prioritizing technical analysis features or overall user satisfaction, HYCM seems to have an edge in the mobile trading app experience.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 7 |
| 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 the market research offerings of HYCM (Henyep Capital Markets) and ATFX, both brokers deliver daily market commentary and have economic calendars to help traders stay informed about global events. HYCM shines by providing forex news from high-profile sources like Bloomberg and Reuters, whereas ATFX does not include news from such top-tier providers. Analyzing their technical analysis tools, ATFX partners with Autochartist, giving traders access to a suite of research tools, while HYCM does not offer Autochartist tools. However, both brokers integrate Trading Central's technical analytics into their platforms for enhanced technical insights.
The overall research experience is where HYCM takes a slight edge, earning a higher research rating of 3.5 stars compared to ATFX's 3 stars. Based on the ForexBrokers.com ranking, HYCM is positioned at 35th place among 62 brokers in the research category, significantly ahead of ATFX, which is ranked 54th. While neither broker offers sentiment-based trading tools or resources from TipRanks and Acuity Trading, HYCM's better access to top-tier forex news and higher rankings may appeal more to those prioritizing comprehensive market insights.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners between HYCM (Henyep Capital Markets) and ATFX, both brokers provide a solid foundation for those new to forex and CFDs. Each offers a range of educational materials, including articles, videos, and archived webinars, ensuring beginners have access to crucial trading information. Both brokers also maintain a searchable archive of previously recorded webinars, allowing students to explore past lessons. Additionally, novice traders can benefit from over 10 beginner-specific educational videos available with each broker, making complex trading concepts easier to grasp.
Beyond the basics, HYCM and ATFX offer investor dictionaries with definitions of at least 50 key investing terms, aiding the learning process. While neither broker hosts monthly educational webinars or offers more advanced video content geared toward experienced traders, they both stand out with their comprehensive approach to beginner education. In terms of ratings, HYCM garners a slightly higher score of 3.5 stars for education compared to ATFX's 3 stars. Interestingly, ATFX is ranked 28th out of 62 brokers by ForexBrokers.com for the Education category, slightly higher than HYCM's 32nd place. This rating indicates a closely matched yet distinct proficiency in guiding new traders in the forex and CFD markets.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than ATFX. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while ATFX finished with an overall rank of #51.
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.
| Feature |
HYCM (Henyep Capital Markets)
|
ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 85 |
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Both HYCM (Henyep Capital Markets) and ATFX do not offer the option to buy actual delivered cryptocurrency, but they do provide the opportunity to trade cryptocurrency derivatives.
Both HYCM (Henyep Capital Markets) and ATFX provide multiple payment options for depositing or withdrawing funds, including Skrill, Visa or Mastercard, and bank wires, but neither supports ACH, SEPA transfers, or PayPal.
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 | HYCM (Henyep Capital Markets) | ATFX | |
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| Trust Score | 86 | 85 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | ATFX | |
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| Regulation | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Trust Score | 86 | 85 | |
| Year Founded | 1977 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 1 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | 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). | No | Yes |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 150 | |
| Forex Pairs (Total) | 70 | 44 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Minimum Deposit | $20 | $500 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| 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) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| 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 | 7 | |
| 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 | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | ATFX | |
|---|---|---|---|
| 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 | HYCM (Henyep Capital Markets) Review |
| Overall | HYCM (Henyep Capital Markets) | ATFX | |
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| Trust Score | 86 | 85 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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