Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
AvaTrade and HYCM (Henyep Capital Markets) are both well-established online brokers offering various trading services. AvaTrade, founded in 2006, is considered highly trusted with a ForexBrokers.com Trust Score of 94 out of 99. It holds four Tier-1 licenses and three Tier-2 licenses, showcasing its strong regulatory compliance. On the other hand, HYCM, with a longer history dating back to 1977, achieves a Trust Score of 86, making it trusted by ForexBrokers.com standards. It operates under two Tier-1 licenses and one Tier-2 license, indicating it is well-regulated though slightly less so than AvaTrade.
Neither AvaTrade nor HYCM is publicly traded or operates as a bank. Their regulatory standings highlight their commitment to ensuring client security and operating within the financial industry's guidelines. AvaTrade's slightly higher Trust Score and broader regulatory licensing give it a competitive edge in terms of perceived trustworthiness. However, HYCM's long-standing industry presence and solid trust rating maintain its appeal for traders seeking reliable brokerage services.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2006 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
AvaTrade and HYCM (Henyep Capital Markets) both deliver strong value on trading costs, each earning 4.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s 2024 rankings, AvaTrade places #13 of 63 brokers, while HYCM is close behind at #16 of 63.
AvaTrade’s typical spread is just under one pip (about 0.9 pips as of June 2024), which is near the industry average but a touch higher than the entry-level pricing at CMC Markets and Tickmill. Traders who qualify for AvaTrade’s Professional account can access more competitive pricing around 0.6 pips, which is comparable to FP Markets.
HYCM offers multiple pricing paths. Its Raw account delivers an all-in cost near 0.6 pips on EUR/USD (after commission), while the Classic account starts from a variable 1.2 pips. There’s also a fixed-spread option at 1.5 pips. In short, HYCM’s Raw account can be sharper for cost-focused traders, whereas AvaTrade becomes equally competitive if you’re eligible for its Professional account.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 0.93 | 1.2 |
| All-in Cost EUR/USD - Active | 0.61 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | 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.
Comparing the range of investments at AvaTrade vs HYCM (Henyep Capital Markets): both brokers support forex trading as CFDs or spot contracts. AvaTrade lists 1,260 tradeable symbols with 53 forex pairs, while HYCM offers 1,199 symbols but a larger set of 70 forex pairs. If you want a wider overall symbol count, AvaTrade has the edge; if your focus is access to more currency pairs, HYCM comes out ahead.
HYCM provides exchange-traded securities on both U.S. and international exchanges, letting clients buy actual shares, whereas AvaTrade does not offer real stocks (only CFDs). AvaTrade supports copy trading, while HYCM does not. Both brokers offer cryptocurrency exposure via derivatives, not by purchasing actual coins. For Range of Investments, each earns 4 out of 5 stars; AvaTrade is ranked #33 and HYCM is ranked #34 out of 63 brokers by ForexBrokers.com.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 1199 |
| Forex Pairs (Total) | 53 | 70 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | 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.
AvaTrade and HYCM both let you practice with a free demo account and give you several ways to access the market. Each broker offers its own proprietary platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with both web-based and Windows desktop versions available. The big split is in social and copy trading: AvaTrade supports copy trading and connects to DupliTrade and ZuluTrade, while HYCM does not offer copy trading or those third-party networks.
For tools, both brokers let you place trades directly from charts and provide seven columns for watchlists. AvaTrade includes 13 drawing tools, while HYCM lists 15. For trading platforms and tools, ForexBrokers.com rates AvaTrade 4.5/5 and ranks it #13 out of 63 brokers, versus HYCM at 4/5 and #41. If you want copy trading and more integrations, AvaTrade stands out; if you prefer slightly more drawing tools with otherwise similar platform choices, HYCM may suit you.
| Feature |
AvaTrade
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | 13 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and HYCM both deliver mobile trading apps for iPhone and Android. Each supports price alerts and lets you build watchlists with real-time quotes. A key difference: the AvaTrade mobile app syncs watchlists with your online account so edits carry over across devices, while HYCM’s app does not. Review scores also differ: AvaTrade earns 4.5/5 stars and ranks #13 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com; HYCM scores 4/5 stars and ranks #38.
Charting is another separator. AvaTrade’s app includes 73 technical indicators (studies) versus 30 on HYCM. Both apps let you draw trendlines and switch among multiple time frames. If you rely on saved drawings, HYCM automatically saves them, while AvaTrade does not. In short, choose AvaTrade for deeper indicator coverage and synced watchlists; pick HYCM if auto-saving chart annotations is your priority.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
AvaTrade and HYCM both deliver solid market research basics, including forex news from top-tier sources like Bloomberg/Reuters, Trading Central tools, and an economic calendar. HYCM stands out with daily market commentary, while AvaTrade does not provide it. Neither broker includes Autochartist, TipRanks, or Acuity Trading integrations. In independent assessments, AvaTrade earns 4 stars and is ranked 35th out of 63 brokers for research, while HYCM scores 3.5 stars and ranks 36th.
Where they differ most is sentiment data: AvaTrade offers a position-sentiment tool that helps you see how other traders are positioned, which can inform timing and risk management; HYCM does not. If you value fresh daily commentary to make sense of market moves, HYCM has the edge. If you prefer tracking crowd sentiment alongside news and Trading Central analysis, AvaTrade may be the better fit.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing AvaTrade and HYCM for their educational resources aimed at beginners, both brokers offer a solid foundation with a variety of materials. AvaTrade and HYCM each provide more than 10 educational pieces focused on forex and CFDs, making them a good starting point for those new to trading. While both brokers maintain a searchable archive of recorded webinars, AvaTrade stands out with monthly live webinars, a feature HYCM doesn't match. For those who prefer visual learning, both platforms offer at least 10 educational videos tailored for beginners, though AvaTrade goes a step further with advanced videos for experienced traders.
An investor dictionary with over 50 trading terms is available from both AvaTrade and HYCM, aiding newcomers in building their trading vocabulary. In terms of education rating, AvaTrade is rated 4 stars, while HYCM holds a 3.5-star rating. This difference is mirrored in their rankings on ForexBrokers.com, with AvaTrade claiming the #2 spot out of 63 brokers in the education category, compared to HYCM, which stands at #32. Overall, AvaTrade emerges as a leader for those seeking comprehensive educational support.
| Feature |
AvaTrade
|
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 AvaTrade is better than HYCM (Henyep Capital Markets). AvaTrade finished with an overall rank of #13, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
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HYCM (Henyep Capital Markets)
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|---|---|---|
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| Trust Score | 94 | 86 |
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Both AvaTrade and HYCM (Henyep Capital Markets) do not offer the ability to buy actual delivered cryptocurrencies but do provide options for trading cryptocurrency derivatives.
Both AvaTrade and HYCM provide the option for clients to deposit or withdraw funds via Skrill, Visa, Mastercard, and bank wires; however, AvaTrade offers the additional convenience of PayPal, unlike HYCM, and neither of these brokers supports ACH or SEPA transfers.
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 | AvaTrade | HYCM (Henyep Capital Markets) | |
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| Trust Score | 94 | 86 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | AvaTrade | HYCM (Henyep Capital Markets) | |
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| Regulation | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 94 | 86 | |
| Year Founded | 2006 | 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 | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 1199 | |
| Forex Pairs (Total) | 53 | 70 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | 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 | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | 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 | No | No |
| Trading Platforms | AvaTrade | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) [DELETED] | 13 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | 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 | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | 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 | AvaTrade | 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 | AvaTrade Review | HYCM (Henyep Capital Markets) Review |
| Overall | AvaTrade | HYCM (Henyep Capital Markets) | |
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| Trust Score | 94 | 86 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | HYCM (Henyep Capital Markets) Review |
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