Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs easyMarkets, 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.
When considering online broker platforms, HYCM (Henyep Capital Markets) and easyMarkets both stand out with their long-standing presence and regulatory credentials. HYCM, founded in 1977, is a privately-owned entity that operates without being a bank or a publicly traded company. easyMarkets, established in 2001, shares a similar ownership structure and is also neither a bank nor publicly listed. Both brokers hold two Tier-1 licenses, which signifies a high level of trust according to ForexBrokers.com, and one Tier-2 license, adding an additional layer of trustworthiness to their operations.
Although both brokers share similarities in regulatory standings, their Trust Scores from ForexBrokers.com show a slight difference. HYCM holds a Trust Score of 86, positioning it as a trusted entity, while easyMarkets is slightly lower but still within the trusted category, with a score of 84. Overall, both platforms demonstrate a reliable regulatory framework, making them solid options for traders prioritizing safety in their trading experiences.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Year Founded | 1977 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees of HYCM (Henyep Capital Markets) and easyMarkets, it's clear that HYCM offers competitive pricing structures. With a 4.5-star rating, HYCM stands out in the market. For those trading with the popular EUR/USD pair, HYCM's Raw account features an appealing all-in cost of around 0.6 pips after commission. If predictability is your preference, their fixed-spread account provides a spread of 1.5 pips, while the Classic account has a slightly higher variable spread beginning at 1.2 pips. Ranked #15 out of 63 brokers by ForexBrokers.com, HYCM is a solid choice for traders mindful of commissions and fees.
In comparison, easyMarkets offers fixed spreads that start at 0.8 pips for EUR/USD when trading on the easyMarkets platform or through TradingView. However, those opting for MT4 may experience higher costs, with spreads at 1.7 pips for the Standard account. The VIP account, though, reduces the spread to 0.7 pips, providing a more economical trading experience. MT5 users see variable spreads starting at 0.7 pips. Despite these options, easyMarkets garners a lower rating of 3.5 stars in commissions and fees. Ranked #52 by ForexBrokers.com, the broker offers a mix of fixed and variable pricing that may not be as cost-effective as HYCM's offerings.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $20 | $25 |
| Average Spread EUR/USD - Standard | 1.2 | 0.8 |
| All-in Cost EUR/USD - Active | 0.6 | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| 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.
Both HYCM and easyMarkets offer forex trading through CFDs or spot contracts, catering to investors interested in currency trades. HYCM stands out with a broader selection of 1,199 tradeable symbols compared to easyMarkets' 230. In terms of forex pairs, HYCM provides access to 70 pairs while easyMarkets offers 63, giving HYCM a slight edge in both quantity and variety. Additionally, HYCM allows clients to invest in exchange traded securities on both U.S. and international exchanges, offering opportunities to purchase stocks from companies like Apple and Vodafone, an option not available with easyMarkets.
In terms of special features, easyMarkets supports copy trading, enabling users to mimic the trades of experienced traders, a functionality absent in HYCM’s platform. Both brokers facilitate trading in cryptocurrency derivatives, though neither allows the purchase of actual cryptos. HYCM's comprehensive offering earns it a higher four-star rating in the Range of Investments category compared to easyMarkets' 3.5 stars. Consequently, HYCM is ranked at #33, outperforming easyMarkets' #54 ranking according to ForexBrokers.com, further highlighting its stronger position in offering varied investment opportunities.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 230 |
| Forex Pairs (Total) | 70 | 63 |
| 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.
Both HYCM and easyMarkets provide traders with the convenience of using a variety of trading platforms, including proprietary options and the popular MetaTrader 4 and 5. Each platform offers a seamless experience across different devices, with support for Windows desktop downloads as well as accessible web-based interfaces. Traders can start with free virtual demo accounts, allowing a risk-free exploration of the trading environment. However, while easyMarkets supports advanced features like copy trading, HYCM does not. This might be a consideration for those looking to leverage successful trading strategies from other experienced traders.
In terms of charting capabilities, both brokers enable trading directly from stock charts, allowing for timely market decisions. easyMarkets provides an edge with 30 drawing tools and 8 watchlist fields, in comparison to HYCM's 15 drawing tools and 7 watchlist fields. Despite these differences, both brokerages boast a four-star rating in trading platforms and tools. Nevertheless, easyMarkets stands slightly ahead in the industry rankings, placing 35th out of 63 brokers compared to HYCM's 40th, suggesting a marginal preference among traders for easyMarkets in this category.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both HYCM and easyMarkets provide options for iPhone and Android users, ensuring that traders can stay connected on the go. However, there are notable differences in their offerings. HYCM stands out by providing stock and forex price alerts, an essential feature for traders who wish to stay informed about market movements. easyMarkets, on the other hand, excels in syncing watchlists across devices, allowing traders to maintain a consistent trading experience. Even though both apps allow for technical analysis through drawing trendlines and viewing various time frames, easyMarkets takes a lead with 81 technical studies against HYCM's 30, giving it an edge for those who rely heavily on technical analysis.
Another distinction is HYCM's capability to auto-save drawings on charts, a convenience that easyMarkets lacks. Both apps permit the creation of watchlists with real-time quotes, a crucial tool for managing trading positions. With both apps rated 4 out of five stars for their mobile trading platforms, user satisfaction levels are similar. According to ForexBrokers.com, easyMarkets is ranked higher at #30 out of 63 brokers in the Mobile Trading Apps category, compared to HYCM's #37 ranking. Whether you prioritize price alerts or sophisticated charting tools, these apps offer unique features to cater to different trading needs.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, both HYCM (Henyep Capital Markets) and easyMarkets provide daily market commentary and forex news from leading sources such as Bloomberg and Reuters, ensuring traders have access to timely insights. Both brokers also feature technical analysis from Trading Central, which can help users make informed decisions. However, unlike HYCM, easyMarkets offers a sentiment tool that showcases the ratio of long or short positions across various instruments, a feature that may appeal to traders interested in crowd behavior.
While neither broker provides research tools from Autochartist, Company Acuity Trading, or market research from TipRanks, they both offer economic calendars to keep investors updated on global news events affecting various economies worldwide. Both HYCM and easyMarkets received 3.5-star ratings for their research capabilities, with HYCM ranked slightly higher at #35 compared to easyMarkets at #43 by ForexBrokers.com. This marginal difference suggests that while both brokers are quite similar, HYCM might have a slight edge in the research category.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| 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, both HYCM (Henyep Capital Markets) and easyMarkets are strong contenders, each offering over ten educational materials focused on forex or CFDs. Beginners will find plenty of content to kickstart their trading journey with both brokers offering a minimum of ten beginner-focused educational videos. These videos cover fundamental trading concepts that can help newcomers gain confidence in their skills. In addition, both platforms provide a searchable archive of previously recorded webinars, allowing traders to access past sessions on-demand. However, only easyMarkets offers live educational webinars every month, which offer a more interactive learning experience.
For more advanced traders, easyMarkets pulls ahead by providing an array of advanced educational videos, which HYCM lacks. Despite this, both brokers offer an extensive investor dictionary with over fifty investing terms, providing valuable support for users as they expand their market vocabulary. Although both brokers boast an equal rating of 3.5 stars for educational resources, determined by ForexBrokers.com, HYCM is slightly better ranked at #32 compared to easyMarkets at #39 out of 63 brokers. These factors make easyMarkets a slightly better choice for ongoing live education, while HYCM maintains a competitive edge in overall educational rankings.
| Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
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 easyMarkets. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while easyMarkets finished with an overall rank of #42.
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)
|
easyMarkets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 86 | 84 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both HYCM (Henyep Capital Markets) and easyMarkets offer the ability to trade cryptocurrency derivatives, but neither allows for the purchase of actual delivered cryptocurrency.
When comparing online brokers HYCM (Henyep Capital Markets) and easyMarkets, HYCM supports Skrill, Visa, Mastercard, and bank wires for deposits or withdrawals, but lacks ACH and SEPA transfer options and does not accept PayPal, whereas easyMarkets provides a wider range of deposit and withdrawal options by including ACH, SEPA transfers, Skrill, Visa, Mastercard, and bank wires, although it too does not support 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 84 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | easyMarkets Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Trust Score | 86 | 84 | |
| Year Founded | 1977 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 230 | |
| Forex Pairs (Total) | 70 | 63 | |
| 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) | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 0.8 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.8 | |
| 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) | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $20 | $25 | |
| 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 | Yes |
| Trading Platforms | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | No |
| Trading Tools | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets Review |
| Overall | HYCM (Henyep Capital Markets) | easyMarkets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 84 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | easyMarkets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill