HYCM (Henyep Capital Markets) vs easyMarkets Comparison
We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare HYCM (Henyep Capital Markets) vs easyMarkets.
Can I trust HYCM (Henyep Capital Markets)?
HYCM is not publicly traded and does operate a bank. HYCM is authorised by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one tier-4 regulator (High Risk). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Financial Conduct Authority (FCA), and the European Union via MiFID.
Can I trust easyMarkets?
easyMarkets is not publicly traded and does not operate a bank. easyMarkets is authorised by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). easyMarkets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the European Union via MiFID.
Is HYCM (Henyep Capital Markets) 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.
Is easyMarkets good?
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, easyMarkets is pricey, offers only a small selection of tradeable products, and lacks market research.
What is the minimum deposit requirement for opening an account with HYCM (Henyep Capital Markets)?
To open a forex trading account with HYCM (Henyep Capital Markets), you'll need to make an initial minimum deposit of $20.
What is the minimum deposit requirement for opening an account with easyMarkets?
HYCM (Henyep Capital Markets) requires a minimum deposit of $50 before you can open an account and start trading forex.
What funding options does each broker offer?
It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. HYCM (Henyep Capital Markets) offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas easyMarkets provides Visa/Mastercard (Credit/Debit), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw)
Does HYCM (Henyep Capital Markets) or easyMarkets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that HYCM (Henyep Capital Markets) offers better pricing overall for traders.
Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.
Is HYCM (Henyep Capital Markets) or easyMarkets safer for forex and CFDs trading?
At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that HYCM (Henyep Capital Markets) holds 3 global Tier-1 licenses, while easyMarkets holds 2. HYCM (Henyep Capital Markets) holds 1 global Tier-2 licenses, while easyMarkets holds 0.
After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that HYCM (Henyep Capital Markets) (88) earned a higher Trust Score than easyMarkets (80).
Which trading platform is better: HYCM (Henyep Capital Markets) or easyMarkets?
To compare the trading platforms of both HYCM (Henyep Capital Markets) and easyMarkets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, easyMarkets offers a better experience. With research, HYCM (Henyep Capital Markets) offers superior market research. Finally, we found easyMarkets to provide better mobile trading apps.
Here’s what trading platforms are available at HYCM (Henyep Capital Markets):
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - Yes
- MT5 - Yes
- ZuluTrade - No
- TradingView - No
Here’s what trading platforms are available at easyMarkets:
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - Yes
- MT5 - No
- ZuluTrade - No
- TradingView - Yes
What about MetaTrader? How about copy trading?
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both HYCM (Henyep Capital Markets) and easyMarkets offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Copy trading is not offered by either broker.
What can I trade with each broker?
HYCM (Henyep Capital Markets) provides traders 70 currency pairs (e.g., EUR/USD) compared to easyMarkets's 62 available pairs. If you are interested in trading CFDs, HYCM (Henyep Capital Markets) offers traders access to 1199 CFDs, while easyMarkets offers access to 199 CFDs; so HYCM (Henyep Capital Markets) offers 1000 more CFDs than easyMarkets.
We found in our testing that HYCM (Henyep Capital Markets) offers a more diverse selection of investment options than easyMarkets, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD) and Cryptocurrency (Derivative). Neither have Cryptocurrency (Physical) and Spread Betting.
Overall winner: HYCM (Henyep Capital Markets)
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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.