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.
When comparing CMC Markets and HYCM (Henyep Capital Markets), understanding their regulatory backgrounds and trustworthiness is essential for investors. CMC Markets, established in 1989, stands out with a remarkable Trust Score of 99 from ForexBrokers.com, indicating an exceedingly high level of trust. With five Tier-1 licenses and one Tier-2 license, CMC Markets is well-anchored in compliance and reliability. Moreover, it is publicly traded, providing an additional layer of transparency and accountability to its clients. In contrast, HYCM, founded in 1977, is not listed on a stock exchange but still maintains credibility with a Trust Score of 86. HYCM is supported by two Tier-1 licenses and one Tier-2 license, signifying a reputable level of trust and governance in the trading industry.
Both brokers are non-banking financial entities and offer services in the online trading space with a commitment to regulatory standards. CMC Markets takes the lead with its strong regulatory stance and higher trust score, which may appeal to traders seeking the utmost assurance in their trading platform. Meanwhile, HYCM balances its lengthy history with adequate licensing, presenting a trusted option for those who prioritize experience and legality in their trading partner. Each broker comes with its unique strengths, making them favorable options for different investor needs while reflecting strong regulatory credibility in the financial markets.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 1989 | 1977 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
CMC Markets stands out in the world of online trading, especially when it comes to commissions and fees. In 2025, it was awarded the top spot in the Commissions and Fees category thanks to its consistently low spread offerings, which cater to all customer segments and account types. With average spreads of 0.61 pips for EUR/USD as of August 2023, CMC Markets provides pricing that surpasses the industry average. Their Price Plus Scheme offers great discounts for active traders, allowing investors to earn rewards based on trading volume. Additionally, the introduction of FX Active in 2022 brought a commission-based model that charges $2.50 per side, resulting in an enticing 0.5 pip all-in cost for several major currencies.
When considering HYCM (Henyep Capital Markets), traders will find competitive rates, though generally not as favorable as those offered by CMC Markets. HYCM's Raw account presents an all-in cost around 0.6 pips for EUR/USD (after commission), while their Classic account begins with a variable spread starting at 1.2 pips. Additionally, HYCM provides a fixed-spread account with a spread of 1.5 pips. Although HYCM offers fairly balanced pricing, it achieves a slightly lower rating and ranking compared to CMC Markets, with a 4.5-star rating and a ranking of 15th place in the Commissions and Fees category out of 63 brokers.
Overall, CMC Markets proves to be a leader in terms of pricing, earning a full 5-star rating and securing the first place rank in the Commissions and Fees category. Its combination of low spreads, innovative pricing schemes, and active trader rewards make it a top choice among traders looking for cost-effective trading solutions. On the other hand, HYCM remains a strong contender, but does not quite match the low-cost trading environment provided by CMC Markets.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | 0.61 | 1.2 |
| All-in Cost EUR/USD - Active | 0.51 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing CMC Markets and HYCM (Henyep Capital Markets) for their range of investments, CMC Markets stands out with a much broader selection. With 11,925 tradeable symbols and 156 forex pairs, CMC Markets offers a significantly wider array of choices to suit diverse trading strategies and preferences. In contrast, HYCM provides 1,199 tradeable symbols and 70 forex pairs. Both brokers facilitate forex trading as CFDs or spot contracts, and allow customers to purchase exchange-traded securities on both U.S. and international exchanges. However, only CMC Markets provides copy trading, offering an added layer of strategy for investors. Neither broker, however, offers the capability to purchase actual cryptocurrencies, focusing instead on cryptocurrency derivatives.
CMC Markets earns a higher rating for its range of investments, securing 5 stars and a ranking of #9 out of 63 brokers in the ForexBrokers.com rankings. Meanwhile, HYCM garners 4 stars and is ranked #33. Both brokers support access to traditional assets and derivatives, but the larger variety available through CMC Markets makes it a more versatile option for traders seeking extensive market exposure and diverse investment opportunities.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 11925 | 1199 |
| Forex Pairs (Total) | 156 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 provide traders with versatile platforms that support simulated trading and proprietary platforms. Each broker caters to diverse trading preferences with downloadable desktop platforms for Windows and web-based browser options. Both brokers integrate widely-used platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), although CMC Markets sets itself apart by offering the added benefit of copy trading—a feature HYCM does not provide. Traders who value technical analysis may find CMC Markets more appealing, as it comes with 40 drawing tools, significantly more than the 15 offered by HYCM.
CMC Markets gets high marks in trading platforms and tools, receiving a five-star rating, compared to HYCM’s four stars. This quality difference is further highlighted in their rankings by ForexBrokers.com, where CMC Markets stands at the 4th position among 63 brokers, whereas HYCM is ranked 40th. While both brokers allow direct trading from stock charts and maintain watch lists, CMC Markets offers more customizable watch list columns, with 11 compared to HYCM's 7. These features collectively contribute to CMC Markets' prominence and stronger appeal for traders seeking comprehensive tools and flexibility.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 79 | 30 |
| Charting - Drawing Tools (Total) | 40 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both CMC Markets and HYCM provide strong app experiences for iPhone and Android users. They both offer apps that deliver price alerts, trendline drawing, and multiple time frame views on stock and forex charts. Additionally, both platforms support creating watchlists with real-time quotes and save chart drawings automatically. However, an important distinction is that CMC Markets enables watchlist symbol syncing with clients' online accounts, while HYCM does not.
In terms of charting features, HYCM edges out slightly with 30 technical studies compared to CMC Markets' 29. Despite this, in the eyes of users and evaluators, CMC Markets outshines HYCM in overall mobile trading experience. Rated five stars as opposed to HYCM's four, CMC Markets also holds a superior rank at #5 versus HYCM's #37 in the Mobile Trading Apps category according to ForexBrokers.com. Consequently, for those who value seamless syncing and a premium-rated trading app, CMC Markets might just hold the edge.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 29 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research capabilities of CMC Markets and HYCM, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. This ensures traders receive timely updates and insights into market trends. However, CMC Markets distinguishes itself by offering advanced research tools, such as technical analysis resources from Autochartist and a sentiment-based trading tool to help users understand the market position dynamics. These tools are not available with HYCM, which instead provides technical analysis solutions via Trading Central to support traders in their decision-making processes.
Both CMC Markets and HYCM present economic calendars that help traders stay informed about global news events affecting various economies. Yet, CMC Markets achieves a stronger rating with five out of five stars for its research offerings, outperforming HYCM's rating of 3.5 stars. This is further reflected in their rankings by ForexBrokers.com, where CMC Markets stands at an impressive 6th place out of 63 brokers, while HYCM is positioned at 35th. Overall, CMC Markets offers a more comprehensive suite of research tools, making it a preferred choice for traders seeking in-depth and diverse market insights.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For those new to trading, both CMC Markets and HYCM offer a decent range of educational resources aimed at helping beginners understand forex and CFDs. Each platform provides over ten educational pieces, including articles and videos, focusing on these areas. However, neither broker hosts live webinars regularly each month, though both maintain a searchable archive of past webinars for users seeking additional insights. CMC Markets stands out with advanced educational videos, catering to seasoned traders, whereas HYCM focuses primarily on resources for beginners. Both brokers offer dictionaries with definitions of over 50 investing terms, enhancing the learning experience for individuals trying to grasp trading terminology.
When comparing user ratings and rankings, CMC Markets takes the lead with a 5-star rating for education, ranked 10th out of 63 brokers by ForexBrokers.com. Meanwhile, HYCM holds a 3.5-star rating and is placed 32nd in the same list, which suggests that CMC Markets may be a more favorable choice for those who prioritize a comprehensive educational experience in their trading platform.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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 #4, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
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
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 86 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both CMC Markets and HYCM (Henyep Capital Markets) do not offer the ability to purchase actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
CMC Markets stands out from HYCM (Henyep Capital Markets) by offering more diverse payment options, including ACH, SEPA, and PayPal, while both brokers support Visa, Mastercard, and bank wire transactions; however, HYCM provides an additional option with Skrill.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| 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 | 5 | 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 (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 11925 | 1199 | |
| Forex Pairs (Total) | 156 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 - Standard | 0.61 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.51 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| 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 | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 79 | 30 | |
| Charting - Drawing Tools (Total) | 40 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 29 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
| Overall | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill