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AvaTrade vs HYCM (Henyep Capital Markets) 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

AvaTrade
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 94
  • Tradeable Symbols (Total): 1260
HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 86
  • Tradeable Symbols (Total): 1199

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.

Regulation

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 logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2006 1977
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 3 1
Tier-3 Licenses info 1 0
Tier-4 Licenses info 1 1

Fees

AvaTrade and HYCM (Henyep Capital Markets) both earn 4.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s 2024 rankings, AvaTrade places #14 out of 63 brokers, while HYCM ranks #18. If you’re comparing AvaTrade vs HYCM on pricing alone, both deliver strong value, but the best choice depends on the account type you plan to use.

AvaTrade’s typical spread is about 0.9 pips on major pairs as of June 2024, which is close to the industry average and a touch higher than some low-cost entry-level rivals like CMC Markets and Tickmill. Traders who qualify for AvaTrade’s Professional account see tighter pricing around 0.6 pips, which is competitive and in line with brokers such as FP Markets.

HYCM offers tiered pricing: its Raw account is the cheapest option, with an all-in cost near 0.6 pips on EUR/USD after commission. The Classic account is more expensive with variable spreads from 1.2 pips, and HYCM’s fixed-spread account posts a steady 1.5 pips. In practical terms, HYCM’s Raw account can match the low pricing of AvaTrade’s Professional tier, while HYCM’s Classic and fixed-spread options are generally costlier than AvaTrade’s typical 0.9-pip spread.

Feature AvaTrade logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $100 $20
Average spread (EUR/USD) - Standard account info 0.93 info 1.3 info
All-in Cost EUR/USD - Active info 0.61 info 0.6 info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

AvaTrade and HYCM both support forex trading, available as CFDs or spot. AvaTrade lists about 1,260 tradeable symbols and 53 forex pairs, while HYCM has around 1,199 symbols but a larger selection of 70 forex pairs. Both brokers offer cryptocurrency CFDs, but neither lets you buy actual crypto.

For exchange-traded shares, HYCM stands out by offering real stocks on both U.S. and international exchanges; AvaTrade does not. AvaTrade counters with copy trading, which HYCM doesn’t provide. Both earn 4 out of 5 stars for their range of investments, with ForexBrokers.com ranking AvaTrade #26 and HYCM #27 out of 63 brokers. Choose HYCM if you want to buy real shares and more forex pairs, or AvaTrade if you prefer copy trading and a slightly wider overall product list.

Feature AvaTrade logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1260 1199
Forex Pairs (Total) info 53 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Comparing AvaTrade and HYCM (Henyep Capital Markets) on trading platforms and tools, both brokers check key boxes for accessibility and ease of use. Each offers a free demo (paper) account, a proprietary platform, Windows-based desktop software, and a web-based platform. They also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and let you place trades directly from charts. A notable difference is copy trading: AvaTrade offers it, while HYCM does not.

In independent reviews, AvaTrade scores higher for platforms and tools with a 4.5-star rating and a #13 ranking out of 63 brokers at ForexBrokers.com. HYCM earns 4 stars and ranks #32. If copy trading matters or you want a slightly higher-rated platform lineup, AvaTrade has the edge; if you simply need MT4/MT5 and both desktop and web access with a demo account, either broker can fit the bill.

Feature AvaTrade logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 80 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

AvaTrade and HYCM both offer mobile trading apps for iPhone and Android, with price alerts and the ability to draw trendlines on charts. A key difference is watchlist sync: AvaTrade syncs watchlists between the app and your online account, while HYCM does not. For chart annotations, HYCM’s app auto-saves your drawings, whereas AvaTrade’s app does not.

For charting tools, AvaTrade provides 73 technical studies compared with HYCM’s 30, giving more options for analyzing forex or stocks. According to ForexBrokers.com, AvaTrade’s mobile app holds a 4.5-star rating and ranks #13 out of 63 brokers, while HYCM earns 4 stars and ranks #30. Choose AvaTrade if you want more indicators and seamless watchlist syncing; pick HYCM if auto-saving your chart drawings is more important to you.

Feature AvaTrade logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 73 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

AvaTrade and HYCM (Henyep Capital Markets) both deliver solid market research basics, including forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Trading Central tools, and an economic calendar. Where they differ: HYCM provides daily market commentary, while AvaTrade does not. On the flip side, AvaTrade offers a sentiment-based trading tool that shows long/short positioning across instruments, which HYCM lacks. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools.

In our ratings, AvaTrade scores 4 stars for Research and ranks #28 out of 63 brokers, while HYCM earns 3.5 stars and ranks #29. If you value ongoing commentary, HYCM has the edge; if you want sentiment data to gauge crowd positioning, AvaTrade is the better fit.

Feature AvaTrade logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info No Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes No
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

AvaTrade and HYCM (Henyep Capital Markets) both provide forex and CFD education that meets the common benchmark of offering at least 10 learning pieces. For beginners comparing the two, AvaTrade stands out: it holds a 4-star Education rating and ranks #2 out of 63 brokers on ForexBrokers.com, while HYCM earns 3.5 stars and ranks #27.

In terms of content, both brokers offer at least 10 beginner-focused videos. AvaTrade also delivers regular client webinars (at least one per month) and has 10+ advanced videos for traders who want to level up, whereas HYCM does not host monthly educational webinars and does not meet the 10+ advanced video mark. If you want live sessions and more depth as you progress, AvaTrade is the stronger choice; if you only need a library of beginner videos, HYCM can still do the job.

Feature AvaTrade logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 #15, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

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 logoAvaTrade
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 94 86
Range of Investments 4/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with AvaTrade or HYCM (Henyep Capital Markets)?

AvaTrade vs HYCM (Henyep Capital Markets): neither broker supports purchasing actual delivered cryptocurrencies, but both offer cryptocurrency CFD trading.

What funding options does each broker offer?

AvaTrade vs HYCM: both brokers do not support ACH or SEPA transfers, both allow Skrill and bank wire deposits/withdrawals, AvaTrade additionally supports PayPal while HYCM does not, and Visa/Mastercard availability was not specified for either.




announcementPlease 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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Compare

0 of 5
Overall Rating AvaTrade HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 94 86
Winner check_circle
Review AvaTrade Review HYCM (Henyep Capital Markets) Review
Broker Screenshots AvaTrade HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
Regulation AvaTrade HYCM (Henyep Capital Markets)
Trust Score info 94 86
Year Founded info 2006 1977
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 3 1
Tier-3 Licenses info 1 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) AvaTrade HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No Yes
Japan (FSA Authorised) info Yes No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) AvaTrade HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments AvaTrade HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1260 1199
Forex Pairs (Total) info 53 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 account info 0.93 info 1.3 info
All-in Cost EUR/USD - Active info 0.61 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding AvaTrade HYCM (Henyep Capital Markets)
Minimum Deposit info $100 $20
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms AvaTrade HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools AvaTrade HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 80 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading AvaTrade HYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 73 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info Yes Yes
Research AvaTrade HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info No Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education AvaTrade HYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs AvaTrade HYCM (Henyep Capital Markets)
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review AvaTrade Review HYCM (Henyep Capital Markets) Review
Overall AvaTrade HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 94 86
Winner check_circle
Review AvaTrade Review HYCM (Henyep Capital Markets) Review
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