DooPrime vs HYCM (Henyep) Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare DooPrime vs HYCM (Henyep).
Does DooPrime or HYCM (Henyep) 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, IG
offers better pricing overall for traders.
Is DooPrime or HYCM (Henyep) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both DooPrime and HYCM (Henyep) hold 2 global Tier-1 licenses. HYCM (Henyep) holds 2 global Tier-2 licenses, while DooPrime holds 0. In our analysis of 23 international regulators across 50 brokers, HYCM (Henyep) earned a higher Trust Score than DooPrime.
Which trading platform is better: DooPrime or HYCM (Henyep)?
To compare the trading platforms of both DooPrime and HYCM (Henyep), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG 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. Both DooPrime and HYCM (Henyep) offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
HYCM (Henyep) provides traders 71 currency pairs (e.g., EUR/USD) compared to DooPrime's 60 available pairs. Forex pairs aside, DooPrime offers traders access to 10000 CFDs while HYCM (Henyep) has 245 available CFDs, a difference of 9755.
Can I trust DooPrime?
DooPrime is not publicly traded and does not operate a bank. DooPrime is authorised by three tier-1 regulator (high trust), one tier-2 regulators (average trust), and two tier-3 regulators (low trust). DooPrime is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC)
Can I trust HYCM (Henyep)?
HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).
Is DooPrime good?
DooPrime is primarily a MetaTrader broker that offers both MT4 and MT5, along with several copy trading platforms and its own In Trade platform. DooPrime is regulated in the U.K., Vanuatu, and Mauritius, and provides nearly 10,000 trading symbols. It's worth noting that we could not obtain average spread data for DooPrime when evaluating trading costs.
Is HYCM (Henyep) good?
HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform). That said, HYCM offers a narrow range of symbols to forex and CFD traders.
Overall winner: IG
Popular Forex Reviews
Popular Forex Guides
Other related comparisons.
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.