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Darwinex vs HYCM (Henyep Markets) 2020

Is Darwinex better than HYCM (Henyep Markets)? After testing 30 of the best forex brokers over five months, Darwinex is better than HYCM (Henyep Markets). Darwinex provides forex traders with a unique social copy trading community that enables investors to buy and sell trader-developed strategies. Copy trading aside, while Darwinex also offers the full MetaTrader suite, the offering left us unimpressed.



CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Darwinex HYCM (Henyep Markets)
Overall 4 3.5
Darwinex Review HYCM (Henyep Markets) Review
59% of retail CFD accounts lose money 71% of retail CFD accounts lose money

Regulation

Feature Darwinex HYCM (Henyep Markets)
Trust Score 82 84
Year Founded
2012 1977
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 2
Tier-2 Licenses
0 2
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Darwinex HYCM (Henyep Markets)
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No Yes
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Investments

Feature Darwinex HYCM (Henyep Markets)
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
41 69
CFDs - Total Offered
265 190
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 4 3
Winner check_circle

Cost

Feature Darwinex HYCM (Henyep Markets)
Average Spread EUR/USD - Standard
N/A 2
All-in Cost EUR/USD - Active
N/A 1.1
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 4 3.5
Winner check_circle

Funding

Feature Darwinex HYCM (Henyep Markets)
Minimum Initial Deposit
$500 $100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature Darwinex HYCM (Henyep Markets)
Proprietary Platform
Yes No
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
No No

Trading Tools

Feature Darwinex HYCM (Henyep Markets)
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
(Default MT4) (default MT4)
Charting - Indicators / Studies (Total)
(Default MT4) (default MT4)
Charting - Drawing Tools (Total)
(Default MT4) (default MT4)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4 3
Winner check_circle

Mobile Trading

Feature Darwinex HYCM (Henyep Markets)
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
No No
Watch List
Yes No
Watch List Syncing
No No
Charting - Indicators / Studies
(Default MT4) (default MT4)
Charting - Draw Trend Lines
Yes No
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 3.5 3.5
Winner check_circle

Research

Feature Darwinex HYCM (Henyep Markets)
Daily Market Commentary
No Yes
Forex News (Top-Tier Sources)
No Yes
Weekly Webinars
Yes Yes
AutoChartist
No No
Trading Central (Recognia)
No Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
No No
Economic Calendar
No Yes
Research 3.5 4
Winner check_circle

Education

Feature Darwinex HYCM (Henyep Markets)
Has Education - Forex
Yes No
Has Education - CFDs
Yes No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
No Yes
Education 3.5 3.5
Winner check_circle

Major Forex Pairs

Feature Darwinex HYCM (Henyep 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

Overall

Feature Darwinex HYCM (Henyep Markets)
Darwinex Review HYCM (Henyep Markets) Review
Overall 4 3.5
Winner check_circle

Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare Darwinex vs HYCM (Henyep Markets).

Does Darwinex or HYCM (Henyep Markets) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Darwinex offers better pricing overall for traders.

Is Darwinex or HYCM (Henyep Markets) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. HYCM (Henyep Markets) holds 2 global Tier-1 licenses, while Darwinex holds 1. HYCM (Henyep Markets) holds 2 global Tier-2 licenses, while Darwinex holds 0. All regulators considered, HYCM (Henyep Markets) has a Trust Score of 84.00, while Darwinex's Trust Score is 82.00.

Which trading platform is better: Darwinex or HYCM (Henyep Markets)?
To compare the trading platforms of both Darwinex and HYCM (Henyep Markets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Darwinex offers a better experience. With research, HYCM (Henyep Markets) offers superior market research. Finally, we found Darwinex to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Darwinex and HYCM (Henyep Markets) both offer copy trading. Both Darwinex and HYCM (Henyep Markets) offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
HYCM (Henyep Markets) provides traders 69 currency pairs (e.g., EUR/USD) compared to Darwinex's 41 available pairs. Forex pairs aside, Darwinex offers traders access to 265 CFDs while HYCM (Henyep Markets) has 190 available CFDs, a difference of 75.

Overall, between Darwinex and HYCM (Henyep Markets), Darwinex is the better forex broker.

Darwinex Review
HYCM (Henyep Markets) Review

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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