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 account | 0.93 | 1.3 |
| All-in Cost EUR/USD - Active | 0.61 | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
AvaTrade and HYCM (Henyep Capital Markets) both let you trade forex via CFDs or spot, and each earns 4 out of 5 stars for range of investments on ForexBrokers.com. AvaTrade lists 1,260 tradeable symbols and 53 forex pairs, while HYCM offers 1,199 symbols but a larger lineup of 70 currency pairs. In the category ranking out of 63 brokers, AvaTrade sits at #33 and HYCM close behind at #34.
If you want access to exchange-traded shares, HYCM stands out: it supports direct buying of U.S. and international stocks, whereas AvaTrade does not. For copy trading, AvaTrade has you covered and HYCM does not. Both brokers offer cryptocurrency CFDs but do not provide access to actual delivered crypto. In short, pick HYCM if owning listed stocks is a priority, or choose AvaTrade for copy trading and a slightly broader overall selection of symbols.
| 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. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 (Henyep Capital Markets) both check the key boxes for platform access and usability. Each offers a free demo account for practice, a proprietary platform, and Windows desktop and web-based platforms. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available at both brokers, and each lets you place trades directly from charts—useful for quick entries and exits.
For tools, the standout difference is copy trading: AvaTrade supports it, while HYCM does not. In independent testing, AvaTrade scores higher for Trading Platforms and Tools with a 4.5-star rating and a #13 ranking out of 63 brokers on ForexBrokers.com. HYCM earns 4 stars and ranks #41. If copy trading and higher-rated platform tools matter to you, AvaTrade may have the edge; if you simply need MT4/MT5 with desktop and web access, both are solid picks.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and HYCM (Henyep Capital Markets) both deliver mobile trading apps for iPhone and Android, and each supports price alerts to keep you on top of market moves. A key difference is watchlist syncing: AvaTrade syncs symbols between the mobile app and your online account, while HYCM does not. This makes it easier with AvaTrade to maintain one unified watchlist across devices.
For charting, both apps let you draw trendlines, but AvaTrade offers a larger set of technical studies (73 vs 30 on HYCM). HYCM counters with auto-saving for chart drawings, which AvaTrade lacks. According to ForexBrokers.com, AvaTrade’s mobile app earns 4.5 stars and ranks #13 out of 63 brokers, while HYCM’s app scores 4 stars and ranks #38, reflecting AvaTrade’s broader toolset and stronger overall standing for mobile trading.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | 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 (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
AvaTrade and HYCM both deliver at least ten beginner-friendly videos that explain the basics of trading forex and CFDs. If you prefer learning live, AvaTrade stands out by running client webinars every month, while HYCM does not. As you advance, AvaTrade also offers 10+ videos for experienced traders, whereas HYCM doesn’t meet that advanced-video threshold.
Independent ratings back up the difference in depth: ForexBrokers.com gives AvaTrade 4 stars for Education and ranks it #2 out of 63 brokers, while HYCM earns 3.5 stars and ranks #32. In short, AvaTrade is likely the better fit if you want a fuller learning path with live sessions, while HYCM can suit beginners who mainly want straightforward video lessons.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 94 | 86 |
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AvaTrade vs HYCM (Henyep Capital Markets): neither broker supports purchasing actual delivered cryptocurrencies, but both offer cryptocurrency CFD trading.
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.
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) | |
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| 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 (FSA 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. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | 0.93 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.6 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order 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 | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | AvaTrade | HYCM (Henyep Capital Markets) | |
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| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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