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 commission and fee structures of HYCM (Henyep Capital Markets) and ATFX, HYCM stands out with a competitive edge. HYCM's Raw account offers attractive pricing, with an all-inclusive cost of approximately 0.6 pips for the popular EUR/USD pair, considering the commission. Meanwhile, its Classic account has a starting spread of 1.2 pips, making it slightly more costly. For those interested in fixed pricing, HYCM provides a fixed-spread account at 1.5 pips.
On the other hand, ATFX does not disclose average spread data, which can make it challenging for potential users to compare costs directly. Despite this lack of transparency, it's worth noting that these brokers cater to different preferences and trading strategies, based on the flexibility and cost structures they offer.
In terms of ratings, HYCM earns a commendable 4.5 stars out of 5 for its commissions and fees, placing it at the 15th position out of 63 brokers according to ForexBrokers.com. In contrast, ATFX receives a 3-star rating and is ranked significantly lower at 60th place in the same category. This comparison highlights HYCM's more favorable fee structure in the industry.
| 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 at HYCM (Henyep Capital Markets) and ATFX, investors can see some distinct differences. HYCM offers forex trading primarily as CFDs or spot contracts, similar to ATFX. However, HYCM provides significantly more tradeable symbols, numbering 1,199, compared to ATFX's 150. Similarly, HYCM has a wider selection of forex pairs with 70 options, whereas ATFX offers 44. Moreover, HYCM allows its clients to purchase exchange-traded securities on both U.S. and international exchanges, including well-known shares like Apple and Vodafone. In contrast, ATFX does not offer this feature, which might limit opportunities for investors looking for direct equity purchases.
Both brokers offer cryptocurrency derivatives trading, but neither provides the ability to buy actual delivered cryptocurrencies. Those interested in copy trading might lean towards ATFX, as they do provide this feature while HYCM does not. In terms of ratings, HYCM scores higher in the range of investments with four stars and is ranked 33rd out of 63 brokers on ForexBrokers.com. ATFX trails slightly, with a 3.5-star rating and a 57th place ranking. This data suggests that HYCM might cater to those seeking a more extensive suite of investment opportunities.
| 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.
When comparing the trading platforms and tools offered by HYCM (Henyep Capital Markets) and ATFX, both brokers provide a range of features to suit traders' preferences. HYCM steps ahead with its proprietary platform, offering a unique trading experience tailored in-house, whereas ATFX does not have an in-house software. Both firms accommodate traders with various platforms, including Windows-based desktop versions and web-based platforms. They each support popular MetaTrader versions—MT4 and MT5, enabling access to a wide array of trading tools and features. However, ATFX offers copy trading, a feature not provided by HYCM, giving ATFX users the ability to follow and copy the trades of successful traders.
In terms of charting tools, both HYCM and ATFX deliver 15 drawing tools, and they enable direct trading from stock charts, adding convenience to trading activities. Traders monitoring the markets can utilize watch lists with seven columns, helping them keep an eye on multiple trading instruments effectively. Despite these similarities, HYCM is generally rated higher for its trading platforms and tools, receiving four stars compared to ATFX's 3.5 stars. According to ForexBrokers.com, HYCM ranks 40th out of 63 brokers in this category, notably surpassing ATFX, which holds the 62nd position.
| 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 it comes to mobile trading apps, both HYCM (Henyep Capital Markets) and ATFX provide apps for iPhone and Android devices, ensuring you can trade on the go. Both brokers include stock and forex price alerts, allowing traders to stay informed of market changes. However, neither broker offers watchlist symbol syncing between their mobile apps and online accounts, which could be a drawback for traders who rely on seamless syncing. Overall, HYCM seems to come out ahead with a higher star rating of 4 compared to ATFX's 3.5, indicating a more favorable user experience. Additionally, ForexBrokers.com ranks HYCM as #37 out of 63 brokers for mobile app trading while ATFX is ranked lower at #63, pointing to HYCM's stronger expertise in the mobile trading space.
Both HYCM and ATFX apps allow users to draw trendlines and view multiple time frames on charts, with both also supporting automatic saving of chart drawings. HYCM stands out with the offer of 30 technical studies for charting, significantly more than ATFX, which provides only 7. Both platforms allow for creating watchlists with real-time quotes, making monitoring your preferred stocks and forex straightforward. Although both offer solid mobile trading functionalities, HYCM's broader range of technical studies and superior ranking suggest it could be the more user-friendly choice for those who value comprehensive charting tools and a better-rated mobile 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 between HYCM and ATFX, both brokers provide daily market commentary, and they each include economic calendars to keep traders informed of global news events. However, HYCM has a slight advantage by offering forex news from top-tier sources like Bloomberg and Reuters, which ATFX does not provide. Both brokers offer tools from Trading Central, aiding in technical analysis, yet ATFX also supplies additional tools from Autochartist, which HYCM lacks. Neither broker provides sentiment-based trading tools or market research from TipRanks and Acuity Trading.
In terms of research ratings, HYCM holds a slightly higher position with 3.5 stars compared to ATFX's 3 stars. According to ForexBrokers.com, HYCM ranks at number 35 out of 63 brokers in the research category, while ATFX is positioned at number 54. This indicates that HYCM may offer a slightly more favorable research experience than ATFX, though both have their respective strengths in various research tools. Overall, HYCM appears to provide a broader range of insights and resources for traders seeking detailed market research.
| 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 educational resources for beginners offered by HYCM (Henyep Capital Markets) and ATFX, both online brokers provide more than ten educational materials, including articles, videos, and recorded webinars focusing on forex and CFDs. Both also maintain searchable archives of past webinars, making it easier for beginners to review content at their convenience. Additionally, each broker provides at least ten beginner-focused videos designed to help new traders get started on their trading journey. Both platforms lack monthly live webinars and do not provide a significant number of advanced educational videos for experienced traders.
HYCM and ATFX each supply an investor dictionary containing definitions of over 50 trading terms, which is beneficial for new traders looking to familiarize themselves with essential jargon. In terms of educational ratings, HYCM earns 3.5 stars while ATFX receives 3 stars. Interestingly, ATFX ranks higher at #28 compared to HYCM's #32 in the Education category according to ForexBrokers.com. While both brokers offer solid foundational resources for beginners, ATFX might slightly edge out HYCM in terms of overall educational offerings in this comparison.
| 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 63 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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