Written by ForexBrokers.com
In this head to head comparison of CMC Markets 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.
This CMC Markets vs HYCM comparison looks at regulation and trust. CMC Markets (founded 1989) is publicly traded, while HYCM (founded 1977) is privately held; neither is a bank. According to ForexBrokers.com, CMC Markets holds a Trust Score of 99 (highly trusted), and HYCM scores 85 (trusted).
On licenses, CMC Markets has six Tier-1 licenses and one Tier-2 license, compared with HYCM’s two Tier-1 and one Tier-2. In ForexBrokers.com’s system, Tier-1 is highly trusted and Tier-2 is trusted, so CMC Markets has a broader set of top-tier approvals, which may matter if you value extensive regulatory oversight.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 1989 | 1977 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
CMC Markets has the edge over HYCM when it comes to commissions and fees, thanks to its lower-cost FX Active pricing and strong pricing consistency. On CMC’s standard account, the average EUR/USD spread came in at 1.3 pips, which is wider than the advertised minimum, but traders who opt into FX Active can lower all-in costs to about 1.15 pips on EUR/USD after commission. CMC also stands out for zero minimum deposit, free international wires, and only a limited inactivity fee after a year of no trading. CMC Markets is rated 5 stars and ranked #3 out of 36 for commissions and fees.
HYCM is also competitive, especially on its Raw account, where the all-in cost for EUR/USD is about 0.6 pips after commission. That is a low-cost option for active forex traders. However, its Classic account is pricier, with spreads starting from 1.2 pips, and its fixed-spread account sits at 1.5 pips. HYCM is rated 4.5 stars and ranked #18 out of 36 for commissions and fees.
In simple terms, both brokers offer traders more than one pricing model, but CMC Markets gets the better overall score and ranking for commissions and fees. HYCM can be the cheaper choice on its Raw account, while CMC’s pricing structure, rebates for active traders, and low non-trading costs help it come out ahead overall.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 1.3 |
| All-in Cost EUR/USD - Raw spread account | 1.15 | 0.6 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets and HYCM (Henyep Capital Markets) both give clients access to forex trading, and in both cases this can be done through CFDs or spot contracts. They also both offer exchange-traded securities on U.S. and international exchanges, plus cryptocurrency CFDs. Neither broker supports copy trading, and neither lets clients buy actual, delivered cryptocurrency.
Where CMC Markets stands out is the wider choice of markets. It offers 21,710 tradeable symbols and 303 forex pairs, compared with HYCM’s 1,199 symbols and 70 forex pairs. That bigger selection helps explain why CMC Markets earns 5 stars for range of investments and ranks #9 out of 36 brokers, while HYCM is rated 4 stars and ranks #28 out of 36.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 21710 | 1199 |
| Forex Pairs (Total) | 303 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
CMC Markets and HYCM (Henyep Capital Markets) both give traders a wide range of platform choices, including free demo accounts for practice, their own in-house platforms, desktop software for Windows, and web-based trading platforms. Each broker also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and both let users trade directly from charts. Neither broker offers copy trading, so investors looking for social or mirror trading features will not find them here.
For trading platforms and tools, CMC Markets has the edge overall. ForexBrokers.com rates CMC Markets 5 stars in this category and ranks it #6 out of 36 brokers, while HYCM earns 4 stars and ranks #35. Based on these scores, CMC Markets stands out as the stronger choice for traders who want a more highly rated platform experience, even though both brokers offer many of the same core trading tools.
| Feature |
CMC Markets
|
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) | 65 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and HYCM both give traders mobile access on iPhone and Android, along with price alerts, 30 technical studies, trendline drawing, and auto-saving chart drawings. In these core app features, the two brokers are evenly matched, so either one can cover basic mobile trading needs well.
The main difference is ease of use and overall app quality. CMC Markets stands out because its watchlists sync between the mobile app and online account, making it easier to keep track of markets across devices. It is also rated 5 out of 5 stars for mobile trading apps and ranks #5 out of 36 brokers by ForexBrokers.com, while HYCM is rated 4 out of 5 stars and ranks #33. That makes CMC Markets the stronger choice for traders who want a smoother mobile experience.
| Feature |
CMC Markets
|
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 | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both CMC Markets and HYCM (Henyep Capital Markets) give traders daily market commentary, forex news from top sources like Bloomberg and Reuters, and an economic calendar with upcoming global events. That means each broker offers the basics many traders look for when tracking news, planning trades, and staying on top of market moves.
CMC Markets stands out with extra research features such as Autochartist and a sentiment tool that shows whether traders are mostly buying or selling a pair, while HYCM instead offers Trading Central tools but does not include Autochartist or sentiment data. This wider set of research tools helps explain CMC Markets’ higher Research score of 5 stars and #6 ranking out of 36 brokers, compared with HYCM’s 3.5 stars and #32 ranking.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | 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.
For beginners looking for learning support, CMC Markets comes out ahead of HYCM (Henyep Capital Markets) in the education category. CMC Markets offers forex and CFDs education with plenty of material for new traders, including at least 10 beginner videos, at least 10 advanced videos, and regular online client webinars held at least once a month. This wider mix of lessons and live sessions helps make it easier for beginners to build confidence step by step. CMC Markets is also rated 5 out of 5 stars for Education and ranks #10 out of 36 brokers by ForexBrokers.com.
HYCM also gives beginners some useful learning tools, including at least 10 beginner trading videos and forex/CFDs education material. However, it does not offer monthly educational webinars, and it falls short on advanced video content for more experienced traders. As a result, HYCM is rated 3.5 out of 5 stars for Education and ranks #28 out of 36 brokers, which puts it behind CMC Markets for overall beginner-friendly learning resources.
| Feature |
CMC Markets
|
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 CMC Markets is better than HYCM (Henyep Capital Markets). CMC Markets finished with an overall rank of #5, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its 21,710 tradeable instruments and 303 forex pairs, the largest currency lineup in the industry.
| Feature |
CMC Markets
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HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 85 |
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Neither CMC Markets nor HYCM (Henyep Capital Markets) allows you to buy actual delivered cryptocurrency, but both brokers offer cryptocurrency CFD trading instead.
Both CMC Markets and HYCM (Henyep Capital Markets) support bank wire transfers for deposits and withdrawals; CMC Markets additionally offers ACH or SEPA transfers and PayPal, while HYCM offers Skrill but not ACH or SEPA transfers or PayPal.
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 | CMC Markets | HYCM (Henyep Capital Markets) | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | CMC Markets | HYCM (Henyep Capital Markets) | |
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| Regulation | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 99 | 85 | |
| Year Founded | 1989 | 1977 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 21710 | 1199 | |
| Forex Pairs (Total) | 303 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | 1.15 | 0.6 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | CMC Markets | 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 | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 65 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
| Overall | CMC Markets | HYCM (Henyep Capital Markets) | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
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