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
Capital.com and HYCM (Henyep Capital Markets) are both non-bank, privately held brokers, and neither is listed on a stock exchange. Capital.com was founded in 2016, while HYCM has been around since 1977, giving HYCM a longer track record in the industry.
From a regulatory point of view, Capital.com comes out ahead with 4 Tier-1 licenses and 3 Tier-2 licenses, earning a ForexBrokers.com Trust Score of 90 out of 99, which places it in the highly trusted range. HYCM holds 2 Tier-1 licenses and 1 Tier-2 license, with a Trust Score of 85, which still falls in the trusted category but is lower than Capital.com.
Fees
Capital.com comes out ahead of HYCM when it comes to commissions and fees. Capital.com’s pricing is slightly better than the industry average, and its universal retail account makes it easy for most traders to get started. For EUR/USD, Capital.com lists a dynamic spread of 0.67 pips, which matched its April 2024 average of 0.6712 pips. That low spread helps make it a strong pick for lower-cost forex trading. Capital.com is rated 5 stars and is ranked #2 out of 36 brokers for commissions and fees by ForexBrokers.com.
HYCM (Henyep Capital Markets) also offers competitive pricing, but it is not quite as low as Capital.com overall. Its Raw account has an all-in cost of about 0.6 pips on EUR/USD after commission, which is good for active traders. However, its Classic account starts from a wider variable spread of 1.2 pips, and its fixed-spread account is set at 1.5 pips, which can be more expensive depending on trading style and market conditions. HYCM is rated 4.5 stars and is ranked #18 out of 36 brokers in the same category.
In simple terms, both brokers offer fair pricing, but Capital.com is the better choice overall for commissions and fees. HYCM still has a solid low-cost option with its Raw account, yet Capital.com’s pricing is more consistently competitive across its offering.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Minimum Deposit
|
$20
|
$20
|
|
Average spread (EUR/USD) - Spread-only account
|
0.7
|
1.3
|
|
All-in Cost EUR/USD - Raw spread account
|
N/A
|
0.6
|
|
Non-wire bank transfer (Deposit/Withdraw)
|
Yes
|
No
|
|
PayPal (Deposit/Withdraw)
|
Yes
|
No
|
|
Skrill (Deposit/Withdraw)
|
Yes
|
Yes
|
|
Bank Wire (Deposit/Withdraw)
|
Yes
|
Yes
|
Dive deeper: Best Low Spread Forex Brokers.
Range of investments
Capital.com offers a wider range of investments than HYCM (Henyep Capital Markets), with 5,585 tradeable symbols compared with HYCM’s 1,199. It also provides 125 tradeable forex pairs, while HYCM lists 70. Both brokers offer forex trading as CFDs or spot contracts, and both support cryptocurrency CFDs rather than actual crypto purchases. However, neither platform offers copy trading, and neither lets clients buy actual delivered cryptocurrency.
Where HYCM stands out is in exchange-traded securities: it offers access to real U.S. shares and international stocks, while Capital.com does not. Even so, Capital.com holds the edge overall for range of investments, with a 4.5-star rating and a #18 ranking out of 36 brokers from ForexBrokers.com, compared with HYCM’s 4-star rating and #28 ranking.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Forex Trading (Spot or CFDs)
|
Yes
|
Yes
|
|
Tradeable Symbols (Total)
|
5585
|
1199
|
|
Forex Pairs (Total)
|
125
|
70
|
|
U.S. Stocks (Shares)
|
No
|
Yes
|
|
Global Stocks (Non-U.S. Shares)
|
No
|
Yes
|
|
Copy Trading
|
No
|
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.
Trading platforms and tools
Capital.com and HYCM both give traders a strong range of platform choices, including a free demo account for practice, their own in-house platform, a Windows desktop app, and a web-based trading platform. Each broker also supports MetaTrader 4 and MetaTrader 5, and both let users place trades directly from a chart. Neither broker offers copy trading, so if that feature matters to you, you may want to look elsewhere.
In terms of trading platforms and tools, Capital.com has the edge overall. It earns 4.5 out of 5 stars in this category and ranks #10 out of 36 brokers on ForexBrokers.com, while HYCM scores 4 out of 5 stars and ranks #35. That makes Capital.com the better choice for traders who want a slightly more polished platform experience, although both brokers cover the key tools most beginner and intermediate traders need.
|
Feature |
Capital.com
|
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
|
No
|
No
|
|
MetaTrader 4 (MT4)
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5)
|
Yes
|
Yes
|
|
Charting - Indicators / Studies (Total)
|
97
|
30
|
|
Charting - Trade From Chart
|
Yes
|
Yes
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
When comparing Capital.com and HYCM (Henyep Capital Markets) for mobile trading, both brokers cover the basics well. Each offers an iPhone app and an Android app, along with stock and forex price alerts. Their charting tools are also closely matched, with 30 technical studies available in each app, plus the ability to draw trendlines and have those drawings saved automatically. One area where neither broker stands out is watchlist syncing, since changes made in the mobile app do not sync with the online account for either platform.
Where Capital.com pulls ahead is in user feedback and industry ranking. Capital.com is rated 4.5 out of 5 stars for mobile trading apps, while HYCM is rated 4 stars. ForexBrokers.com also places Capital.com much higher in this category, ranking it #11 out of 36 brokers compared with HYCM at #33. For traders looking for a slightly better-rated mobile trading experience, Capital.com has the edge, even though both apps offer many of the same features.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
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.
Market research
When it comes to market research, both Capital.com and HYCM (Henyep Capital Markets) give traders useful day-to-day information, including daily market commentary, forex news from major sources like Bloomberg and Reuters, and an economic calendar for tracking key global events. Neither broker offers Autochartist, TipRanks, or Acuity Trading tools, so traders looking for those services will need to look elsewhere.
Capital.com has the edge in research features thanks to its sentiment tool, which shows the share of long and short positions across instruments, while HYCM does not offer this feature. HYCM does, however, provide Trading Central research tools such as Technical Analytics, which Capital.com does not. Overall, Capital.com is rated higher for research at 4.5 out of 5 stars and ranks #14 out of 36 brokers at ForexBrokers.com, compared with HYCM’s 3.5 stars and #32 ranking.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Daily Market Commentary (Articles)
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources)
|
Yes
|
Yes
|
|
Autochartist
|
No
|
No
|
|
Trading Central
|
No
|
Yes
|
|
Client sentiment data
|
Yes
|
No
|
|
TipRanks
|
No
|
No
|
|
Acuity Trading
|
No
|
No
|
|
Economic Calendar
|
Yes
|
Yes
|
Dive deeper: Best Brokers for Forex Research.
Beginners and education
When it comes to beginner-friendly learning materials, both Capital.com and HYCM (Henyep Capital Markets) give new traders a solid starting point. Each broker offers at least 10 beginner educational videos on trading topics, but neither provides online educational client webinars on a monthly basis. They also do not appear to meet the standard for forex or CFD education based on having at least 10 dedicated pieces such as articles, videos, or archived webinars focused mainly on those topics.
Capital.com has the edge for education overall. It offers at least 10 advanced videos for more experienced traders, while HYCM does not meet that mark. That wider range likely helps explain why Capital.com is rated 4.5 out of 5 stars for Education and ranked #8 out of 36 brokers by ForexBrokers.com, compared with HYCM’s 3.5-star Education rating and #28 ranking. For beginners who want more room to grow, Capital.com looks like the stronger choice.
Dive deeper: Best Forex Brokers for Beginners.
Winner
After testing 63 of the best forex brokers, our research and account testing finds that Capital.com is better than HYCM (Henyep Capital Markets). Capital.com finished with an overall rank of #13, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
Capital.com stands out for its quality research, strong educational content, and innovative web platform. Capital.com holds fewer regulatory licenses and offers a narrower range of markets than some of the best brokers, but still significantly outperforms the industry average.
FAQs
Can you trade cryptocurrency with Capital.com or HYCM (Henyep Capital Markets)?
In a Capital.com vs HYCM (Henyep Capital Markets) comparison, neither broker lets you buy actual delivered cryptocurrencies, but both provide cryptocurrency CFD trading.
What funding options does each broker offer?
Capital.com offers a wider range of funding and withdrawal options than HYCM (Henyep Capital Markets), including ACH/SEPA transfers and PayPal, while both brokers support Skrill and bank wire transfers.
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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Broker Screenshots
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Broker Gallery (click to expand)
|
|
|
|
|
Regulation
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Trust Score
|
90
|
85
|
|
|
Year Founded
|
2016
|
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
|
0
|
0
|
|
|
Tier-4 Licenses
|
2
|
1
|
|
|
Tier-1 Licenses (Highly Trusted)
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Australia (ASIC Authorised)
|
Yes
|
No
|
|
|
Canada (CIRO Authorised)
|
No
|
No
|
|
|
Hong Kong (SFC Authorised)
|
No
|
Yes
|
|
|
Japan (FSA Authorised)
|
No
|
No
|
|
|
Singapore (MAS Authorised)
|
Yes
|
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).
|
Yes
|
No
|
|
|
Tier-2 Licenses (Trusted)
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Kenya (CMA Authorised)
|
Yes
|
|
|
|
Israel (ISA Authorised)
|
No
|
No
|
|
|
South Africa (FSCA Authorised)
|
Yes
|
No
|
|
|
UAE (DFSA, FSRA, or CMA Authorised)
|
Yes
|
Yes
|
|
|
India (SEBI Authorised)
|
No
|
No
|
|
|
Jordan (JSC Authorised)
|
|
|
|
|
Investments
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Forex Trading (Spot or CFDs)
|
Yes
|
Yes
|
|
|
Tradeable Symbols (Total)
|
5585
|
1199
|
|
|
Forex Pairs (Total)
|
125
|
70
|
|
|
U.S. Stocks (Shares)
|
No
|
Yes
|
|
|
Global Stocks (Non-U.S. Shares)
|
No
|
Yes
|
|
|
Copy Trading
|
No
|
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
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Average spread (EUR/USD) - Spread-only account
|
0.7
|
1.3
|
|
|
All-in Cost EUR/USD - Raw spread account
|
N/A
|
0.6
|
|
|
Inactivity Fee
|
No
|
No
|
|
|
Order execution: Agency
|
No
|
Yes
|
|
|
Order execution: Market Maker
|
Yes
|
Yes
|
|
|
Funding
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Minimum Deposit
|
$20
|
$20
|
|
|
PayPal (Deposit/Withdraw)
|
Yes
|
No
|
|
|
Skrill (Deposit/Withdraw)
|
Yes
|
Yes
|
|
|
Bank Wire (Deposit/Withdraw)
|
Yes
|
Yes
|
|
|
Non-wire bank transfer (Deposit/Withdraw)
|
Yes
|
No
|
|
|
Trading Platforms
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Proprietary Desktop Trading Platform
|
Yes
|
Yes
|
|
|
Desktop Platform (Windows)
|
Yes
|
Yes
|
|
|
Web Platform
|
Yes
|
Yes
|
|
|
Copy Trading
|
No
|
No
|
|
|
MetaTrader 4 (MT4)
|
Yes
|
Yes
|
|
|
MetaTrader 5 (MT5)
|
Yes
|
Yes
|
|
|
cTrader
|
No
|
No
|
|
|
Trading Tools
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Virtual Trading (Demo)
|
Yes
|
Yes
|
|
|
Price Alerts
|
Yes
|
Yes
|
|
|
Charting - Indicators / Studies (Total)
|
97
|
30
|
|
|
Charting - Trade From Chart
|
Yes
|
Yes
|
|
|
Charts can be saved
|
Yes
|
Yes
|
|
|
Mobile Trading
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
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
|
|
|
Mobile Research - Economic Calendar
|
Yes
|
Yes
|
|
|
Research
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Daily Market Commentary (Articles)
|
Yes
|
Yes
|
|
|
Forex News (Top-Tier Sources)
|
Yes
|
Yes
|
|
|
Autochartist
|
No
|
No
|
|
|
Trading Central
|
No
|
Yes
|
|
|
TipRanks
|
No
|
No
|
|
|
Client sentiment data
|
Yes
|
No
|
|
|
Economic Calendar
|
Yes
|
Yes
|
|
|
Education
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Webinars
|
No
|
No
|
|
|
Videos - Beginner Trading Videos
|
Yes
|
Yes
|
|
|
Videos - Advanced Trading Videos
|
Yes
|
No
|
|
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