Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Earn, 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.
Established in 1977, HYCM (Henyep Capital Markets) is a longstanding player in the online brokerage industry. They hold two Tier-1 licenses and one Tier-2 license, indicating a high level of trustworthiness according to ratings from ForexBrokers.com. This trust is further confirmed by their Trust Score of 86 out of 99, placing them in the "trusted" category. Although not listed on a stock exchange and not a bank, HYCM remains a reliable choice for investors seeking assurance in regulatory compliance and operational integrity.
Earn, founded in 1994, holds a single Tier-1 license, reflecting a commitment to maintaining essential regulatory standards. With a Trust Score of 71 out of 99 from ForexBrokers.com, Earn is categorized as "average risk" but shows potential stability through its longevity and licensing. Like HYCM, Earn is neither publicly traded nor a banking institution. Investors might consider Earn if looking for a brokerage with a reasonably sound regulatory framework and a moderate trust rating.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Year Founded | 1977 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to commissions and fees, HYCM (Henyep Capital Markets) offers a range of account options tailored to different trading needs. For traders focused on minimizing costs, HYCM's Raw account provides a competitive all-in fee of around 0.6 pips on the popular EUR/USD currency pair, after applying commissions. The Classic account, while slightly more expensive, features variable spreads starting from 1.2 pips. Additionally, HYCM caters to those preferring consistency with a fixed-spread account offering a spread of 1.5 pips. For these reasons, HYCM scores an impressive 4.5 out of 5 stars for fees and ranks 15th out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com.
On the other hand, Earn does not provide transparent average spread data, making it difficult to accurately compare its actual trading costs. Despite this lack of detailed information, Earn receives a solid 4 out of 5 stars for commissions and fees. According to ForexBrokers.com, Earn is ranked 45th out of 63 brokers in the same category. This indicates that while Earn maintains a decent rating, it may not be as competitive or clear-cut in its pricing structure compared to some other brokers.
In summary, for those particularly sensitive to trade-related costs, HYCM stands out due to its appealing spread options and strong star rating, which places it significantly higher in industry rankings compared to Earn. Traders should consider these aspects alongside transparency and personal trading strategies when choosing between these two brokers.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Minimum Deposit | $20 | $100 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by HYCM (Henyep Capital Markets) and Earn, there are noticeable differences catering to diverse investor needs. HYCM stands out with an extensive selection of 1,199 tradeable symbols, compared to Earn's 500. For forex enthusiasts, HYCM offers a slightly broader choice with 70 forex pairs, while Earn provides 61. Notably, HYCM allows clients to invest in exchange-traded securities on both U.S. and international exchanges, providing opportunities to buy shares such as Apple or Vodafone. In contrast, Earn does not offer investment in actual stocks on any exchanges.
Both brokers enable clients to trade forex as CFDs or spot contracts and offer derivatives for cryptocurrency trading, although neither provides options for buying actual cryptocurrencies. While HYCM doesn’t offer copy trading, Earn includes this feature, appealing to those interested in mirroring the trades of experienced investors. In terms of ratings, HYCM receives 4 stars for its range of investments, surpassing Earn's 3.5 stars. On ForexBrokers.com, HYCM ranks at #33 out of 63 brokers, while Earn is positioned at #45, reflecting HYCM's broader appeal in the market for those seeking a wider variety of investment options.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 500 |
| Forex Pairs (Total) | 70 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
When comparing the trading platforms and tools of HYCM (Henyep Capital Markets) to Earn, both brokers offer some solid features for traders. HYCM provides a proprietary trading platform developed in-house, adding a unique touch to its offerings, whereas Earn relies on third-party platforms. Both brokers offer MetaTrader 4 and MetaTrader 5, along with Windows-based desktop and web-based trading platforms. However, Earn holds the advantage in copy trading opportunities and ZuluTrade options, which are not available with HYCM.
Both brokers shine with a user-friendly experience, offering free virtual demo accounts and the ability to trade directly from stock charts. With identical offerings of 15 drawing tools and seven columns in their watch lists, there’s consistency in the charting experience. Despite these similarities, HYCM leads slightly in the rankings, coming in at #40, while Earn is placed at #51 out of 63 brokers according to ForexBrokers.com. Ultimately, both brokers score an evenly matched four stars for their trading platforms and tools.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both HYCM (Henyep Capital Markets) and Earn provide comprehensive mobile trading apps compatible with iPhone and Android devices. Each platform offers features such as stock and forex price alerts, multiple time frame views for charts, and the ability to draw trendlines. However, neither app syncs watchlist symbols between the mobile app and online account. HYCM provides 30 technical studies for charting, while Earn edges slightly ahead with 35. Both platforms allow users to create watchlists with real-time quotes and auto-save chart drawings, ensuring a seamless trading experience.
When it comes to user ratings, both HYCM and Earn score four out of five stars for their mobile trading apps. However, Earn is ranked a bit higher at #27 compared to HYCM's #37 among 63 brokers in the ForexBrokers.com listing for the Mobile Trading Apps category. Whether you prioritize technical studies or rankings, both brokers offer solid options for mobile trading.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| 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.
Both HYCM (Henyep Capital Markets) and Earn deliver daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters, offering valuable insights for traders. Neither platform, however, offers research tools from Autochartist, limiting some technical and fundamental analysis options. While HYCM provides trading tools from Trading Central, such as Technical Analytics, Earn does not extend similar support, making HYCM a more favorable choice for traders requiring in-depth technical analysis tools.
Both platforms include an economic calendar that keeps traders informed on global news and events, essential for making informed trading decisions. However, neither offers sentiment-based trading tools or research from companies like TipRanks or Acuity Trading. Despite these limitations, each platform is fairly rated at 3.5 stars for research offerings. In rankings by ForexBrokers.com, HYCM edges out Earn, securing the 35th spot out of 63 brokers, while Earn comes in at 38th, making them both competitive yet distinct options for online trading research needs.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in forex or CFD trading, HYCM (Henyep Capital Markets) offers a more comprehensive suite compared to Earn. HYCM provides a wealth of over 10 educational pieces, including articles and videos dedicated to helping newcomers understand the trading world. They also feature an extensive archive of recorded webinars that learners can search through. Additionally, HYCM includes a series of beginner-focused videos that help demystify trading topics and a detailed investor dictionary explaining over 50 key investing terms. Despite its lack of monthly webinars, HYCM still earns a respectable 3.5 stars for its educational offerings, largely due to its broad content library and assistance for beginners.
On the other hand, Earn falls short in several educational areas. The broker does not offer the essential variety of educational materials, webinars, or a sizable archive of recorded content that could accommodate newcomers' learning needs. They have neither beginner nor advanced video series in place, nor do they provide a substantial investor dictionary. As a result, Earn shares the same 3.5-star rating for education as HYCM, but it ranks significantly lower, coming in at #62 out of 63 brokers according to ForexBrokers.com, while HYCM ranks at #32. This puts HYCM ahead as a better option for those starting their trading journey.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than Earn. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Earn finished with an overall rank of #50.
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.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 71 |
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Both HYCM (Henyep Capital Markets) and Earn do not offer the ability to buy actual (delivered) cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.
Both HYCM (Henyep Capital Markets) and Earn offer Skrill, Visa, Mastercard, and bank wires for depositing and withdrawing funds, but neither supports ACH, SEPA, or PayPal transactions.
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 | HYCM (Henyep Capital Markets) | Earn | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Earn | |
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| Regulation | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 1977 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 500 | |
| Forex Pairs (Total) | 70 | 61 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Minimum Deposit | $20 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| 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 | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| 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 | HYCM (Henyep Capital Markets) Review |
| Overall | HYCM (Henyep Capital Markets) | Earn | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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