ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

BlackBull Markets vs HYCM (Henyep) 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is BlackBull Markets better than HYCM (Henyep)? In our analysis of 23 international regulators across 62 of the best forex brokers, BlackBull Markets is considered average-risk, with an overall Trust Score of 74 out of 99. HYCM is considered average-risk, with an overall Trust Score of 86 out of 99. Learn more about Trust Score.

Select Brokers

×
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxiTrader
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFlowBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOctaFX
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTradeo
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating BlackBull Markets HYCM (Henyep)
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 74 86
Winner check_circle
Review BlackBull Markets Review HYCM (Henyep) Review
Broker Screenshots BlackBull Markets HYCM (Henyep)
Trading Platforms Gallery (click to expand) info
Research Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation BlackBull Markets HYCM (Henyep)
Trust Score info 74 86
Year Founded info 2014 1977
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info No info Yes info
Tier-1 Licenses info 1 2
Tier-2 Licenses info 0 2
Tier-3 Licenses info 0 1
Tier-1 Licenses (High Trust) BlackBull Markets HYCM (Henyep)
Australia (ASIC Authorised) info No No
Canada (SRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
CBI Authorised (Ireland) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Tier-2 Licenses (Average Trust) BlackBull Markets HYCM (Henyep)
China (CBRC Authorised) info No No
Cyprus (CySEC Authorised) info No Yes
India (SEBI Authorised) info No No
Israel (ISA Authorised) info No No
Russia (CBR Authorised) info No No
South Africa (FSCA Authorised) info No No
Thailand (SEC Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No Yes
Tier-3 Licenses (Low Trust) BlackBull Markets HYCM (Henyep)
Bahamas (SCB Authorised) info No No
Belize (FSC Authorised) info No No
Cayman Islands (CIMA Authorised) info No Yes
Bermuda (BMA Authorised) info No No
British Virgin Islands (FSC Authorised) info No No
Mauritius (FSC Authorised) info No No
Vanuatu (VFSC Authorised) info No No
Investments BlackBull Markets HYCM (Henyep)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 26000 362
Forex Pairs (Total) info 72 70
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (CFD) 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 BlackBull Markets HYCM (Henyep)
Average Spread EUR/USD - Standard info 0.827 info 0.6 info
All-in Cost EUR/USD - Active info 0.827 info 0.6 info
Active Trader or VIP Discounts info Yes Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding BlackBull Markets HYCM (Henyep)
Minimum Deposit info $0 $100
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms BlackBull Markets HYCM (Henyep)
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools BlackBull Markets HYCM (Henyep)
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading BlackBull Markets HYCM (Henyep)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Forex Calendar info Yes Yes
Research BlackBull Markets HYCM (Henyep)
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education BlackBull Markets HYCM (Henyep)
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs BlackBull Markets HYCM (Henyep)
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review BlackBull Markets Review HYCM (Henyep) Review
Overall BlackBull Markets HYCM (Henyep)
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 74 86
Winner check_circle
Review BlackBull Markets Review HYCM (Henyep) Review
arrow_upward

BlackBull Markets vs HYCM (Henyep) Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare BlackBull Markets vs HYCM (Henyep).

Does BlackBull Markets or HYCM (Henyep) offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, HYCM (Henyep) offers better pricing overall for traders.

Is BlackBull Markets or HYCM (Henyep) safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. HYCM (Henyep) holds 2 global Tier-1 licenses, while BlackBull Markets holds 1. HYCM (Henyep) holds 2 global Tier-2 licenses, while BlackBull Markets holds 0. In our analysis of 23 international regulators across 50 brokers, HYCM (Henyep) earned a higher Trust Score than BlackBull Markets.

Which trading platform is better: BlackBull Markets or HYCM (Henyep)?

To compare the trading platforms of both BlackBull Markets and HYCM (Henyep), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, BlackBull Markets offers a better experience. With research, BlackBull Markets offers superior market research. Finally, we found BlackBull Markets to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both BlackBull Markets and HYCM (Henyep) offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

BlackBull Markets provides traders 72 currency pairs (e.g., EUR/USD) compared to HYCM (Henyep)'s 70 available pairs. Forex pairs aside, BlackBull Markets offers traders access to 26000 CFDs while HYCM (Henyep) has 362 available CFDs, a difference of 25638.

Can I trust BlackBull Markets?

BlackBull Markets is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulators (high trust), zero tier-2 regulator (average trust), and zero tier-3 regulators (low trust). BlackBull Markets is authorised by the following tier-1 regulators: Financial Markets Authority (FMA).

Can I trust HYCM (Henyep)?

HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).

Is BlackBull Markets good?

BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.

Is HYCM (Henyep) good?

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.

Overall winner: BlackBull Markets

Popular Forex Reviews

Popular Forex Guides


announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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.

close