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eToro vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of eToro vs HYCM (Henyep Capital Markets), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50-$10,000
  • Trust Score: 96
  • Tradeable Symbols (Total): 7441
HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 86
  • Tradeable Symbols (Total): 1199

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.

Regulation

eToro is an online broker founded in 2007 and is publicly traded, while HYCM (Henyep Capital Markets) dates back to 1977 and is privately held. Neither eToro nor HYCM operates as a bank.

When it comes to regulation, eToro holds 4 Tier-1 licenses and 1 Tier-2 license, earning a ForexBrokers.com Trust Score of 96 (90–99 = highly trusted). HYCM holds 2 Tier-1 licenses and 1 Tier-2 license with a Trust Score of 86 (80–89 = trusted). These ratings help indicate safety: higher Tier-1 counts and scores signal stronger oversight and a higher level of trust.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2007 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, eToro lists a typical variable spread of 1 pip on EUR/USD. That’s a bit higher than the industry average and reflects its market-maker model. Traders often choose eToro less for its spreads and more for its easy-to-use social copy trading features.

HYCM (Henyep Capital Markets) can be cheaper on EUR/USD, especially with its Raw account, which targets an all-in cost of about 0.6 pips after commission. Its Classic account starts from 1.2 pips (variable), while the fixed-spread account posts a 1.5-pip spread. If you’re fee-focused and comfortable with a commission model, HYCM’s Raw account can offer better pricing than eToro’s typical spread.

Ratings and rankings for this category: eToro is rated 4.5 out of 5 stars and is ranked #22 out of 63 brokers by ForexBrokers.com; HYCM is also rated 4.5 out of 5 stars and ranks #18 out of 63. For high-balance clients, eToro’s VIP Club (Silver to Diamond for $5,000–$250,000 balances) adds perks like access to Trading Central, discounted deposits/withdrawals, and a dedicated account manager.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $50-$10,000 $20
Average spread (EUR/USD) - Standard account info N/A 1.3 info
All-in Cost EUR/USD - Active info N/A 0.6 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

eToro and HYCM (Henyep Capital Markets) both support forex trading (CFD/spot) and provide access to exchange-traded securities on U.S. and international exchanges. eToro lists 7,441 tradeable symbols, while HYCM offers 1,199. In forex, HYCM edges ahead with 70 tradeable pairs versus eToro’s 55. If you want to buy shares directly (not CFDs) like Apple on NASDAQ or Vodafone on the London Stock Exchange, both brokers allow it.

Crypto and social features set them apart: eToro lets you buy actual cryptocurrencies alongside crypto CFDs and includes copy trading; HYCM offers crypto CFDs but not delivered crypto or copy trading. Reflecting this breadth, eToro earns 5 stars for Range of Investments and ranks 11th out of 63 brokers, whereas HYCM scores 4 stars and ranks 27th. Choose eToro for wider overall selection and crypto ownership, or HYCM if you mainly want a strong lineup of forex pairs.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 1199
Forex Pairs (Total) info 55 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Comparing eToro vs HYCM for trading platforms and tools: both brokers provide free demo (paper) accounts, proprietary platforms, web-based trading, and the ability to place trades directly from charts. Key differences stand out. eToro does not offer a Windows desktop platform and does not support MetaTrader 4 or MetaTrader 5, but it does include copy trading. HYCM, on the other hand, offers a Windows desktop platform plus MetaTrader 4 and MetaTrader 5, but does not offer copy trading.

For quality ratings, eToro scores 4.5 stars and ranks #8 out of 63 brokers for Trading Platforms and Tools on ForexBrokers.com, while HYCM earns 4 stars and ranks #32. Choose eToro if copy trading and a simple browser-based experience are priorities; choose HYCM if you need a downloadable Windows platform and the MetaTrader suite.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 106 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Comparing eToro and HYCM (Henyep Capital Markets) for mobile trading, both brokers offer iPhone and Android apps with price alerts. eToro has an edge with watchlist syncing between the app and web platform, which HYCM lacks. In ratings from ForexBrokers.com, eToro’s app scored 4.5/5 stars and ranked #10 out of 63 brokers, while HYCM earned 4/5 stars and ranked #30—suggesting eToro provides a smoother overall mobile experience.

Charting tools show a different trade-off. eToro includes 104 technical studies, great for traders who lean on a wide range of indicators, but it doesn’t allow trendline drawing and won’t auto-save drawings. HYCM offers 30 technical studies, yet it lets you draw trendlines and automatically saves your chart notes. Pick eToro for a larger indicator library and synced watchlists, or HYCM if you prefer hands-on chart annotations that stick.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing eToro and HYCM for market research, both brokers deliver daily market commentary and forex news from top-tier outlets like Bloomberg, Reuters, or Dow Jones. Each also provides Trading Central tools and an economic calendar to track global events. However, neither platform includes Autochartist or Acuity Trading tools.

eToro pulls ahead with extras: it offers a sentiment tool that shows the ratio of long vs. short positions and adds research from TipRanks—features HYCM doesn’t provide. That advantage helps eToro earn a higher research rating (4.5/5, ranked #13 of 63), while HYCM scores 3.5/5 (ranked #29 of 63). If you want sentiment insights and TipRanks data, eToro is the stronger choice; if you mainly need daily commentary, quality news, and Trading Central, both platforms fit the bill.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes No
TipRanks info Yes No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing eToro vs HYCM for beginner education, eToro comes out ahead for variety and live learning. eToro hosts client webinars at least once a month and offers 10+ beginner videos plus 10+ advanced videos, giving newcomers a clear path from basics to more complex strategies. HYCM also provides at least 10 beginner-friendly videos, but it does not run monthly webinars and falls short on advanced video depth, making it better for getting started than for leveling up.

Ratings and rankings back this up: eToro earns 4.5/5 stars and ranks #3 out of 63 brokers for Education on ForexBrokers.com, while HYCM scores 3.5/5 stars and ranks #27. If you want frequent live sessions and a deeper library for advanced learning, choose eToro; if you just need foundational videos, HYCM can work.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than HYCM (Henyep Capital Markets). eToro finished with an overall rank of #9, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

Feature eToro logoeToro
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 96 86
Range of Investments 5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with eToro or HYCM (Henyep Capital Markets)?

In the eToro vs HYCM (Henyep Capital Markets) comparison, online broker eToro lets you buy real (delivered) cryptocurrencies and trade crypto CFDs, while HYCM offers cryptocurrency CFDs only and does not support purchasing actual coins.

What funding options does each broker offer?

eToro offers broader deposit and withdrawal options—ACH/SEPA transfers, PayPal, Skrill, and bank wires—while HYCM (Henyep Capital Markets) supports Skrill and bank wire transfers but not ACH/SEPA or PayPal.

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Overall Rating eToro HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 86
Winner check_circle
Review eToro Review HYCM (Henyep Capital Markets) Review
Broker Screenshots eToro HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
eToro mobile watchlist eToro web trading platform cryptocurrency watchlist eToro Digest & Invest podcast. eToro academy courses beginners.
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation eToro HYCM (Henyep Capital Markets)
Trust Score info 96 86
Year Founded info 2007 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) eToro HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) eToro HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes info Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments eToro HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 1199
Forex Pairs (Total) info 55 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info 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 eToro HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info N/A 1.3 info
All-in Cost EUR/USD - Active info N/A 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding eToro HYCM (Henyep Capital Markets)
Minimum Deposit info $50-$10,000 $20
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms eToro HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools eToro HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 106 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading eToro HYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info No Yes
Research eToro HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes Yes
TipRanks info Yes No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education eToro HYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs eToro HYCM (Henyep Capital Markets)
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review eToro Review HYCM (Henyep Capital Markets) Review
Overall eToro HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 86
Winner check_circle
Review eToro Review HYCM (Henyep Capital Markets) Review
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