ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Advertiser Disclosure

HYCM (Henyep Markets) vs Darwinex 2019

Is Darwinex better than HYCM (Henyep Markets)? After assessing the best forex brokers on nearly 100 different variables, Darwinex is better than HYCM (Henyep Markets). While not known for its self-directed forex offering, Darwinex, through its Darwin Exchange, provides forex traders a unique social copy trading community that enables investors to buy and sell trader-developed strategies.
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 HYCM (Henyep Markets) Darwinex
Overall 3 3.5
HYCM (Henyep Markets) Review Darwinex Review
80% of retail CFD accounts lose money 66% of retail CFD accounts lose money

Regulation

Feature HYCM (Henyep Markets) Darwinex
Trust Score 84 79
Year Founded
1977 2012
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 1
Tier-2 Licenses
2 0
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature HYCM (Henyep Markets) Darwinex
ASIC Authorised (Australia)
No No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
Yes No
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 HYCM (Henyep Markets) Darwinex
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
69 41
CFDs - Total Offered
225 265
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 2.5 3
Winner check_circle

Cost

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

Funding

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

Trading Platforms

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

Trading Tools

Feature HYCM (Henyep Markets) Darwinex
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 7
Charting - Indicators / Studies (Total)
51 51
Charting - Drawing Tools (Total)
31 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 1.5 3.5
Winner check_circle

Mobile Trading

Feature HYCM (Henyep Markets) Darwinex
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
30 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No
Mobile Trading 2.5 3
Winner check_circle

Research

Feature HYCM (Henyep Markets) Darwinex
Daily Market Commentary
No No
Forex News (Top-Tier Sources)
No No
Weekly Webinars
No Yes
AutoChartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
No No
Economic Calendar
Yes Yes
Research 3 3
Winner check_circle

Education

Feature HYCM (Henyep Markets) Darwinex
Has Education - Forex
No Yes
Has Education - CFDs
No Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
Yes No
Education 3 3
Winner check_circle

Major Forex Pairs

Feature HYCM (Henyep Markets) Darwinex
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 HYCM (Henyep Markets) Darwinex
HYCM (Henyep Markets) Review Darwinex Review
Overall 3 3.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare Darwinex vs HYCM (Henyep Markets).

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. Darwinex received a rating of 4.00 stars over HYCM (Henyep Markets)'s 3.50 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Darwinex and HYCM (Henyep Markets) both are regulated in a major hub. Darwinex nor HYCM (Henyep Markets) are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. Darwinex trails HYCM (Henyep Markets) by 28 total currency pairs (for example, EUR/USD), with HYCM (Henyep Markets) offering 69 and Darwinex offering 41.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Both Darwinex and HYCM (Henyep Markets) offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. Darwinex and HYCM (Henyep Markets) offer the same number of charting tools, 31. Darwinex and HYCM (Henyep Markets) offer the same number of indicators (eg, volume), 51.

Darwinex Review
HYCM (Henyep Markets) Review


Trading CFDs, FX, and cryptocurrencies involves 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 02/18/2019 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.

The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website (www.forexbrokers.com) are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with ForexBrokers.com and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses ForexBrokers.com or any of its reviews, products, or services. ForexBrokers.com declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.

arrow_drop_upBack to top