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.
CMC Markets, established in 1989, and HYCM (Henyep Capital Markets), founded in 1977, are two prominent online brokers in the finance industry. CMC Markets stands out with its publicly traded status on a stock exchange and boasts a perfect Trust Score of 99 out of 99 according to ForexBrokers.com, marking it as highly trusted. It holds six Tier-1 licenses, reflecting strong regulatory recognition. Despite not being a bank, CMC Markets remains a secure choice for traders looking for trust and transparency.
On the other hand, HYCM is a privately held firm that holds two Tier-1 licenses and one Tier-2 license, giving it a respectable Trust Score of 86. While not at the level of CMC Markets, it is still considered trusted. Both brokers are not banks but have built a long-standing reputation in the industry. Whether it's CMC Markets' higher regulatory credentials or HYCM's enduring market presence since 1977, both offer unique strengths to their clients.
| 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 |
When comparing commissions and fees, CMC Markets leads the pack with a 5-star rating and a #1 ranking out of 63 brokers in ForexBrokers.com’s 2025 Annual Awards. HYCM (Henyep Capital Markets) earns 4.5 stars and ranks #16. On headline EUR/USD pricing, CMC’s FX Active plan can deliver an all-in cost of about 0.5 pip, while HYCM’s Raw account is about 0.6 pip. Both brokers are competitive, but CMC Markets comes out cheaper on this key pair based on the data provided.
CMC Markets is known for consistently low spreads across accounts. Typical EUR/USD spreads were 0.61 pips in August 2023, and its FX Active commission model charges $2.50 per side with minimum spreads of 0.0—producing about a 0.5 pip all-in cost on EUR/USD (and five other pairs). CMC also offers the Price Plus Scheme for active traders, which can unlock spread discounts based on monthly trading volume, with higher tiers offering larger savings. Notably, CMC’s average spreads have tended to stay close to its advertised minimums, reinforcing its pricing edge.
HYCM provides a clear, tiered choice of accounts. The Raw account targets low-cost trading with an all-in EUR/USD cost of about 0.6 pip after commission. The Classic account uses variable spreads starting from 1.2 pips, while the fixed-spread account lists 1.5 pips. For traders prioritizing the lowest possible spread-plus-commission combo, HYCM’s Raw account is the best fit within its lineup, but CMC Markets generally undercuts it on EUR/USD based on the figures above.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.2 |
| All-in Cost EUR/USD - Active | 0.65 | 0.6 |
| Non-wire bank transfer | 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 delivers a wider range of investments than HYCM (Henyep Capital Markets). CMC Markets lists 12,029 tradeable symbols and 141 forex pairs, compared to HYCM’s 1,199 symbols and 70 forex pairs. Both brokers let you trade forex as CFDs or spot and offer real, exchange-traded stocks on U.S. and international exchanges (so you can buy shares like Apple or Vodafone, not just CFDs). A key difference: CMC Markets supports copy trading, while HYCM does not.
For digital assets, neither broker lets you buy actual cryptocurrency, but both provide cryptocurrency CFDs. Reflecting the breadth of products, CMC Markets earns 5 stars for Range of Investments and ranks #9 out of 63 brokers at ForexBrokers.com, while HYCM holds 4 stars and ranks #34. If you want the widest market choice and extras like copy trading, CMC Markets stands out; if you’re focused on core markets, HYCM covers the essentials.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 1199 |
| Forex Pairs (Total) | 141 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | Yes | 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.
Comparing CMC Markets vs HYCM on trading platforms and tools, both brokers check key boxes: free demo (paper) accounts, proprietary in-house platforms, Windows desktop downloads, and web-based platforms. Each also supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus the ability to place trades directly from charts. One notable difference is copy trading: CMC Markets offers it, while HYCM does not.
Independent ratings reflect a gap in platform strength. CMC Markets earns 5 stars and ranks #4 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, while HYCM holds 4 stars and ranks #41. If you want copy trading and a higher-rated toolset, CMC Markets is the safer pick. If you’re mainly after MT4/MT5 with a proprietary alternative and a demo account, HYCM still fits the bill.
| 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 | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 73 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and HYCM both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts. The key difference is watchlist syncing: CMC Markets syncs your watchlists between mobile and web, while HYCM does not. According to ForexBrokers.com, CMC Markets earns 5 stars and ranks #5 out of 63 brokers for Mobile Trading Apps; HYCM earns 4 stars and ranks #38, signaling a smoother overall mobile experience with CMC.
On charting, HYCM includes 30 technical studies compared to CMC Markets’ 29. Both apps let you draw trendlines and automatically save your drawings, so your notes stay put. If seamless watchlist management across devices matters to you, CMC Markets is the better fit. If having one extra built-in indicator is key, HYCM offers that, though the lack of syncing may be a tradeoff. Both cover the essentials, but CMC’s higher rating and rank help it stand out.
| 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 | 29 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both CMC Markets and HYCM publish daily market commentary and stream forex news from top-tier providers such as Bloomberg, Reuters, or Dow Jones. Each broker also includes an economic calendar to track upcoming events. In testing by ForexBrokers.com, CMC Markets earned 5 stars for Research and ranked #6 out of 63 brokers, while HYCM received 3.5 stars and ranked #36.
For tools, CMC Markets offers Autochartist for pattern recognition and trade ideas, plus a sentiment gauge showing the share of long vs. short positions across instruments. HYCM does not provide Autochartist or a sentiment tool, but it does include Trading Central research. Neither broker features TipRanks or Acuity Trading (Signal Centre). If you want a wider mix of tools and higher-rated research, CMC Markets has the edge; if you prefer Trading Central specifically, HYCM delivers that integration.
| 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.
Both CMC Markets and HYCM offer beginner-friendly forex and CFD education that clears the 10-piece threshold, giving new traders plenty of articles and videos to get started. Each broker also provides at least ten beginner-focused trading videos. However, neither runs monthly live educational webinars, so learning is mainly through on-demand content.
Where they differ is depth. CMC Markets adds a larger catalog for experienced traders, including at least ten advanced trading videos. That stronger pathway shows up in the scores: 5/5 stars for Education and a #10 of 63 ranking from ForexBrokers.com. HYCM focuses more on foundational lessons, lacks the same volume of advanced videos, and earns 3.5/5 stars with a #32 of 63 ranking. If you want room to grow from beginner to advanced, CMC Markets stands out; if you only need the basics, HYCM covers the essentials.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | No | 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 #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
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HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 86 |
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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 | 86 | |
| 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 | 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 | 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 (SFC 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 SCA 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) | 12029 | 1199 | |
| Forex Pairs (Total) | 141 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | Yes | 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) - Standard account | 1.3 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.65 | 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 | 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 | Yes | 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) | 73 | 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 | 29 | 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 | No | 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 | 86 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
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