Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Axi, 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.
HYCM, established in 1977, and Axi, founded in 2007, are both well-regarded online brokers, although neither is publicly traded nor operates as a bank. Each broker holds two Tier-1 licenses, reflecting a high level of trust according to ForexBrokers.com. Additionally, they both maintain one Tier-2 license, indicating a strong compliance with regulatory standards.
When it comes to trust ratings, HYCM scores an impressive 86 out of 99, earning a "trusted" status. Axi follows closely with a score of 82, which also places it in the "trusted" category according to ForexBrokers.com. Both brokers provide dependable service with substantial regulatory oversight, offering traders a measure of confidence in their operations.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Year Founded | 1977 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, HYCM (Henyep Capital Markets) earns 4.5/5 stars and ranks #16 out of 63 brokers for this category on ForexBrokers.com, while Axi holds 4/5 stars and ranks #44 out of 63. Based on available data, HYCM’s pricing looks more competitive and easier to evaluate, whereas Axi’s lack of published average spread figures makes direct cost comparisons less straightforward.
HYCM offers clear choices: the Raw account delivers an all-in cost of about 0.6 pips on EUR/USD after commission; the Classic account uses variable spreads starting from 1.2 pips; and the fixed-spread account lists a steady 1.5 pips. In short, HYCM provides a low-cost option for active traders alongside simpler spread-only and fixed-spread setups.
For Axi, average spread data is not available from this source, so exact costs can vary and are harder to benchmark. Given the star ratings and rankings, HYCM may edge Axi on overall commissions and fees for many traders, but the best fit will depend on your trading style and the specific account you choose.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average spread (EUR/USD) - Standard account | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) and Axi both support forex trading as CFDs or spot, and each offers cryptocurrency CFDs (but not delivered crypto). HYCM provides a wider selection overall with 1,199 tradeable symbols and 70 forex pairs, compared with Axi’s 175 symbols and 65 pairs. HYCM also gives access to exchange-traded shares on both U.S. and international exchanges—so you can buy stocks like Apple or Vodafone directly—while Axi does not offer listed shares.
Axi includes copy trading, which HYCM does not. For Range of Investments, ForexBrokers.com rates HYCM at 4 stars (ranked 34 of 63) and Axi at 3.5 stars (ranked 57 of 63). If you want wider market access including real stocks, HYCM is the better fit; if you mainly trade forex and CFDs and want copy trading, Axi may suit you.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 175 |
| Forex Pairs (Total) | 70 | 65 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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.
HYCM (Henyep Capital Markets) and Axi both offer free demo accounts, web-based platforms, and Windows desktop downloads, plus the ability to place trades directly from charts. HYCM stands out with a proprietary in-house platform and support for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Axi does not have a proprietary platform and focuses on MT4 (no MT5), but it does offer copy trading, which HYCM does not. Charting tools and watchlists vary by platform on both brokers.
For Trading Platforms and Tools, ForexBrokers.com rates HYCM at 4 stars and Axi at 3.5 stars. In the same category rankings, HYCM places 41st, while Axi is 64th. If you want MT5 and an in-house platform, HYCM is the better fit; if you prioritize copy trading and an MT4-centric setup, Axi may suit you. Both make it easy to test strategies first with a free virtual demo account.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and Axi both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, includes 30 technical studies for charting, and lets you draw trendlines. One shared limitation is watchlist syncing: neither app syncs watchlists between the mobile app and your online account.
Key differences favor HYCM. HYCM’s app auto-saves your chart drawings, while Axi’s does not. HYCM also earns a higher Mobile Trading Apps rating (4 stars vs. Axi’s 3.5 stars) and places better in ForexBrokers.com’s rankings (#38 of 63 for HYCM versus #60 of 63 for Axi). If autosaving chart annotations and overall app ratings matter to you, HYCM may have the edge; otherwise, both apps cover the core features traders expect.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing HYCM (Henyep Capital Markets) vs Axi for market research, HYCM takes a slight lead with a 3.5/5 Research rating and a #36 ranking out of 63 brokers, while Axi scores 3/5 and ranks #56. HYCM provides daily market commentary, top-tier forex news (from sources like Bloomberg/Reuters/Dow Jones or similar), Trading Central tools, and an economic calendar. It does not include Autochartist, a sentiment tool, TipRanks, or Acuity Trading. Axi skips daily commentary but delivers top-tier forex news, Autochartist features, a sentiment tool that shows long/short positioning, and an economic calendar; it does not offer Trading Central. TipRanks and Acuity Trading for Axi are not listed in our data.
In simple terms, choose HYCM if you value frequent in-house commentary and Trading Central insights to guide your setup ideas. Pick Axi if you prefer Autochartist pattern/idea generation and a built-in sentiment view to gauge market positioning. Both brokers cover key economic events, but HYCM’s higher score and rank reflect a slightly stronger overall research lineup, while Axi focuses more on automated tools and sentiment for traders who like data-driven signals.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re a beginner exploring forex and CFD education, both HYCM (Henyep Capital Markets) and Axi offer starter-friendly learning. Each broker provides at least 10 beginner trading videos, making it easier to grasp core concepts and platform basics. A key difference is live learning: Axi hosts client webinars at least once a month so you can follow along and ask questions, while HYCM does not offer monthly webinars.
Advanced video content is limited at both brokers, with fewer than 10 videos tailored to experienced traders. In terms of ratings, HYCM scores 3.5 out of 5 for Education, while Axi scores 3 out of 5. That said, Axi ranks higher in the Education category (#27 of 63) compared to HYCM (#32 of 63). Choose Axi if live webinars matter to your learning style; pick HYCM if you want a slightly higher-rated education experience for beginners.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
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 Axi. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Axi finished with an overall rank of #49.
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)
|
Axi
|
|---|---|---|
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| Trust Score | 86 | 82 |
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HYCM (Henyep Capital Markets) and Axi both do not allow buying actual (delivered) cryptocurrency, but each supports trading cryptocurrency CFDs, letting traders speculate on crypto prices without owning the underlying asset.
Comparing online brokers HYCM (Henyep Capital Markets) vs Axi: neither supports ACH/SEPA or PayPal, both support Skrill and bank wire transfers for deposits and withdrawals, and Visa/Mastercard availability is not specified.
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) | Axi | |
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| Trust Score | 86 | 82 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Axi | |
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| Regulation | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Trust Score | 86 | 82 | |
| Year Founded | 1977 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 175 | |
| Forex Pairs (Total) | 70 | 65 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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 | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | HYCM (Henyep Capital Markets) Review |
| Overall | HYCM (Henyep Capital Markets) | Axi | |
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| Trust Score | 86 | 82 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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