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 comes out ahead of HYCM on commissions and fees, with a lower-cost setup that can suit both casual and active traders. CMC Markets earns a 5-star rating and ranks #4 out of 36 brokers for Commissions and Fees at ForexBrokers.com, while HYCM gets 4.5 stars and ranks #18 out of 36. CMC Markets is known for consistently low spreads across account types, with typical EUR/USD spreads around 0.61 pips, which is below the industry average.
CMC Markets also offers ways to cut trading costs further. Its Price Plus Scheme gives active traders discounts based on Trading Points earned from trading volume, and its FX Active pricing can bring the EUR/USD all-in cost down to about 0.5 pips, including commission. By comparison, HYCM’s Raw account is competitive at about 0.6 pips all-in on EUR/USD, but its Classic account starts from 1.2 pips and its fixed-spread account is 1.5 pips.
Overall, CMC Markets offers the better value for most traders looking for low trading costs, especially if they trade often or want tighter spreads. HYCM is still a solid choice, particularly if you prefer simpler account structures, but it generally does not match CMC Markets on pricing.
| 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 | N/A | 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 both give traders a strong set of platform choices, including a free demo account, an in-house platform, desktop software for Windows, and a web-based trading platform. Each broker also supports MetaTrader 4 and MetaTrader 5, and both let you place trades directly from a price chart. Neither broker offers copy trading, so traders looking for that feature will need to look elsewhere.
When it comes to trading tools, the two brokers are closely matched in the features listed here, though CMC Markets stands out overall. It earns 5 out of 5 stars for Trading Platforms and Tools and ranks #6 out of 36 brokers at ForexBrokers.com, while HYCM scores 4 out of 5 stars and ranks #33. For traders comparing platform quality, CMC Markets appears to have the edge, even though both brokers cover the key basics well.
| 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 make mobile trading easy for iPhone and Android users, and each app includes price alerts, 30 technical studies, trendline drawing, and auto-saving for chart drawings. That means traders on either platform can track the market, review charts, and manage trades while away from a desktop. Both apps also cover the basics well, so in everyday use they offer a similar starting point for mobile trading.
The main difference is that CMC Markets has watchlist symbol syncing, so changes made in the mobile app and online account stay matched, while HYCM does not offer that feature. CMC Markets also stands out more overall, with a 5-star rating for mobile trading apps and a #5 ranking out of 36 brokers, compared with HYCM’s 4-star rating and #31 ranking. If mobile app quality and syncing matter to you, CMC Markets has the edge.
| 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, CMC Markets has a clear edge over HYCM (Henyep Capital Markets). Both brokers provide daily market commentary, forex news from major sources like Bloomberg, Reuters, or Dow Jones, and an economic calendar to help traders follow key global events. However, CMC Markets goes further with extra research features such as Autochartist and a sentiment tool that shows the share of long and short positions, which can help traders spot possible market trends.
HYCM also offers useful research support, including Trading Central tools, but it does not match CMC Markets for depth or variety. Neither broker offers TipRanks or Acuity Trading tools, and while both cover the basics well, CMC Markets is rated 5 stars for Research and ranks #6 out of 36 brokers by ForexBrokers.com, compared with HYCM’s 3.5-star rating and #30 ranking. For traders who want stronger market research tools and broader insights, CMC Markets is the better choice.
| 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 trading education, CMC Markets has a clear edge over HYCM (Henyep Capital Markets). CMC Markets offers forex and CFDs learning material, runs online client webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. That mix makes it a stronger choice for new traders who want both starting lessons and room to keep learning as they improve. ForexBrokers.com rates CMC Markets 5 stars for Education and ranks it #10 out of 36 brokers in this category.
HYCM also offers beginner video content and forex or CFDs education, but it falls behind CMC Markets in a few key areas. It does not offer monthly educational webinars and does not have at least 10 advanced videos for more experienced traders. ForexBrokers.com gives HYCM 3.5 stars for Education and places it #27 out of 36 brokers, which suggests a smaller range of learning tools overall for beginners who may want more support and a broader set of 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 excellent pricing and selection of over 12,000 tradeable instruments.
| 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 | N/A | 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 Watchlist [DELETED] | |||
| 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) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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