Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs BDSwiss, 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 (Henyep Capital Markets) and BDSwiss are both respected online brokers, although they differ in their regulatory frameworks and trust ratings. Founded in 1977, HYCM has established itself as a trusted name in the industry with an 86 Trust Score from ForexBrokers.com. Despite not being publicly traded or functioning as a bank, HYCM offers security through their two Tier-1 licenses and one Tier-2 license. This regulatory structure adds confidence to traders who prioritize safety and reliability.
On the other hand, BDSwiss, founded in 2012, holds a Trust Score of 73, indicating an average level of risk according to ForexBrokers.com. Like HYCM, BDSwiss is neither publicly listed nor a banking institution. The company holds one Tier-1 license but lacks any Tier-2 licenses, reflecting a slightly different approach to regulation and risk management compared to HYCM. For traders, these distinctions might influence the choice between these brokers depending on their specific needs and risk tolerance.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| Year Founded | 1977 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, HYCM (Henyep Capital Markets) generally comes out cheaper than BDSwiss across similar account types. HYCM holds a 4.5 out of 5 star rating for commissions and fees and ranks #16 out of 63 brokers on ForexBrokers.com. BDSwiss is rated 4 out of 5 stars and ranks #31 out of 63 for the same category.
For HYCM, the Raw account delivers an all-in cost of about 0.6 pips on EUR/USD after commission, which is very competitive. The Classic account has a variable spread starting from 1.2 pips, while the fixed-spread account sits at 1.5 pips. These options make HYCM attractive for both cost-focused traders and those who prefer predictable pricing.
BDSwiss shows solid execution statistics, but its pricing is higher. The Classic account spread is 1.5 pips on EUR/USD, and the VIP account is 1.2 pips. The Raw account starts at 0.3 pips plus a $5 commission per side, producing a total effective spread of about 1.3 pips. In short, HYCM’s Raw and Classic accounts are typically cheaper than BDSwiss’s comparable offerings.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $20 | $10-$5000 |
| Average spread (EUR/USD) - Standard account | 1.2 | 1.6 |
| All-in Cost EUR/USD - Active | 0.6 | 1.3 |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) vs BDSwiss: both brokers support forex trading offered as CFDs or spot contracts. HYCM lists 1,199 tradeable symbols and 70 forex pairs, while BDSwiss offers 1,081 symbols and 53 pairs. Both provide cryptocurrency CFDs but do not support buying actual crypto. Each earns 4 out of 5 stars for Range of Investments from ForexBrokers.com, with HYCM ranked 34th out of 63 brokers and BDSwiss 35th.
HYCM stands out for access to exchange-traded stocks: clients can buy U.S. shares like Apple (NASDAQ: AAPL) and international shares such as Vodafone on the London Stock Exchange, not as CFDs. BDSwiss does not offer direct share dealing, but it does include copy trading, which HYCM lacks. In short, HYCM suits traders who want more symbols, more forex pairs, and the ability to buy real shares, while BDSwiss is a fit if copy trading within a CFD and forex setup is a priority.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 1081 |
| Forex Pairs (Total) | 70 | 53 |
| 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 BDSwiss both deliver flexible trading platforms and tools. Each broker offers a free demo account for paper trading, a proprietary platform, and full support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on a Windows desktop download or in a web-based platform, and both let you place orders directly from charts.
For extras, BDSwiss supports copy trading while HYCM does not. In testing by ForexBrokers.com, both earned 4 out of 5 stars for Trading Platforms and Tools, though BDSwiss ranked higher (#24 of 63) than HYCM (#41 of 63). If you want copy trading alongside MT4/MT5 and a browser or desktop option, BDSwiss has the edge; if copy trading is not essential, both brokers cover the core platform needs.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| 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 BDSwiss both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, 30 built-in technical indicators, and drawing tools like trendlines that auto-save on your charts—handy for tracking setups on the go. Whether you trade forex or CFDs, the charting experience is comparable across both apps.
One shared drawback is that watchlists don’t sync between the mobile app and your online account for either broker. In terms of recognition, both apps earn 4 out of 5 stars, but BDSwiss holds a higher category rank from ForexBrokers.com (#24) than HYCM (#38) out of 63 brokers. If mobile trading features are your focus, the choice may come down to that ranking and your personal preference for each app’s feel.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| 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 | Yes |
Dive deeper: Best Forex Trading Apps.
HYCM (Henyep Capital Markets) and BDSwiss both deliver daily market commentary and an easy-to-use economic calendar. HYCM stands out for premium forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, which BDSwiss does not offer. On the tools side, BDSwiss includes Autochartist for technical and fundamental insights, while HYCM does not. Both brokers provide Trading Central research, and neither offers a sentiment tool, TipRanks, or Acuity Trading integrations.
For research quality, BDSwiss earns 4 stars and is ranked #24 out of 63 brokers by ForexBrokers.com, while HYCM scores 3.5 stars and ranks #36. Choose BDSwiss if you want built-in pattern-recognition tools like Autochartist; pick HYCM if premium news coverage is more important to your trading routine.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both HYCM (Henyep Capital Markets) and BDSwiss deliver forex and CFD education that meets the basic benchmark of at least 10 learning pieces. Each broker offers 10-plus beginner video lessons, making them suitable starting points for new traders. The big difference is live learning: BDSwiss runs ongoing client webinars (at least once a month), while HYCM does not. For growing beyond the basics, BDSwiss also provides 10 or more advanced videos for experienced traders, whereas HYCM lacks that deeper catalog.
Independent scores reflect this gap. HYCM earns 3.5 out of 5 stars for Education and ranks #32 out of 63 brokers on ForexBrokers.com. BDSwiss holds 4 out of 5 stars and ranks #22 out of 63. In short, both brokers cover core forex and CFD education for beginners, but if you want regular live webinars and a clearer path into advanced topics, BDSwiss has the edge. If you mainly need a solid library of beginner videos and basic guidance, HYCM still checks the box.
| Feature |
HYCM (Henyep Capital Markets)
|
BDSwiss
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 BDSwiss. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while BDSwiss finished with an overall rank of #36.
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)
|
BDSwiss
|
|---|---|---|
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| Trust Score | 86 | 73 |
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HYCM (Henyep Capital Markets) vs BDSwiss: both online brokers do not allow buying actual delivered cryptocurrencies, but each supports trading cryptocurrency CFDs.
Comparing online brokers HYCM (Henyep Capital Markets) and BDSwiss for funding options: HYCM supports Skrill and bank wire transfers but not ACH/SEPA or PayPal, whereas BDSwiss supports ACH/SEPA and its availability of PayPal, Skrill, Visa/Mastercard, and bank wires was 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) | BDSwiss | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | BDSwiss Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | BDSwiss | |
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| Regulation | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| Trust Score | 86 | 73 | |
| Year Founded | 1977 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| 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 | Yes |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| 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) | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 1081 | |
| Forex Pairs (Total) | 70 | 53 | |
| 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) | BDSwiss | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.6 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | No |
| Funding | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $20 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| 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) | BDSwiss | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | BDSwiss | |
|---|---|---|---|
| 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 | BDSwiss Review |
| Overall | HYCM (Henyep Capital Markets) | BDSwiss | |
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| Trust Score | 86 | 73 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | BDSwiss Review |
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