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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, HYCM generally comes out cheaper on the EUR/USD if you use its Raw account, which carries an all-in cost of about 0.6 pips after commission. HYCM’s Classic account is pricier with variable spreads starting from 1.2 pips, while its fixed account posts a steady 1.5-pip spread. eToro, a market-maker broker, lists a typical variable spread of 1 pip on the EUR/USD, which is slightly above the industry average. Many retail traders choose eToro not for the tightest spreads, but for its social copy trading features.

Account options also differ. eToro offers a VIP program (eToro Club) with five tiers from Silver to Diamond for balances of $5,000 to $250,000, unlocking benefits such as Trading Central access, discounted deposit and withdrawal fees, and a dedicated account manager. HYCM lets you pick among Raw (commission + tight spreads), Classic (spread-only), or fixed-spread pricing, depending on whether you prefer a commission model or predictable spreads.

Ratings and rankings for commissions and fees: eToro earns 4.5 out of 5 stars and ranks #23 out of 63 brokers at ForexBrokers.com. HYCM also earns 4.5 out of 5 stars and ranks higher at #16 out of 63.

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 1 info 1.2 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

Comparing eToro vs HYCM (Henyep Capital Markets) on range of investments: eToro lists 7,441 tradeable symbols, while HYCM offers 1,199. Both support forex trading (CFD or spot), with HYCM featuring more currency pairs (70 vs 55). Each broker also lets clients buy exchange-traded securities on U.S. and international exchanges (not CFDs), so you can purchase shares like Apple or Vodafone directly.

Key differences: eToro includes copy trading and gives access to both real cryptocurrencies and crypto CFDs; HYCM supports crypto CFDs only and does not offer copy trading. For Range of Investments, eToro is rated 5 stars and ranks #11 out of 63 at ForexBrokers.com, while HYCM earns 4 stars and ranks #34. Choose eToro if you want a larger product lineup and social trading; pick HYCM if you prioritize a solid set of markets with a strong selection 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

eToro and HYCM (Henyep Capital Markets) both offer free demo accounts, proprietary platforms built in-house, and web-based trading with the ability to place trades directly from charts. The big differences come down to platform choice: eToro does not provide a Windows desktop download and does not support MetaTrader, while HYCM offers a Windows desktop platform and supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). eToro also includes copy trading, which HYCM does not.

For Trading Platforms and Tools, eToro is rated 4.5/5 stars and ranks #8 out of 63 brokers at ForexBrokers.com, while HYCM holds 4/5 stars and ranks #41. If you want social copy trading and a simple web platform, eToro is a strong pick; if you prefer a downloadable Windows setup and the MetaTrader suite, HYCM is the better fit.

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

For mobile trading, both eToro and HYCM offer iPhone and Android apps with price alerts built in. A key difference is watchlists: eToro syncs your watchlist between the mobile app and the web platform, so changes update everywhere, while HYCM does not sync watchlists across devices.

Charting tools vary as well. eToro includes 104 technical studies, giving you far more indicators than HYCM’s 30. However, HYCM lets you draw trendlines and automatically saves those drawings, while eToro does not support trendline drawing or autosave. In third-party evaluations, eToro’s mobile app holds a 4.5-star rating and ranks #10 out of 63 brokers at ForexBrokers.com, compared with HYCM’s 4 stars and a #38 ranking. If you want a wide range of indicators and synced watchlists, eToro stands out; if saved drawing tools matter more, HYCM may suit you.

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

eToro and HYCM both cover the basics of market research well: you get daily market commentary, an economic calendar, and forex news from top-tier sources like Bloomberg or Reuters. Each broker also offers Trading Central tools for technical analysis. Where they differ is in extras. eToro includes a sentiment tool that shows the ratio of long and short positions and gives access to TipRanks research. HYCM does not offer these two features. Neither broker includes Autochartist or tools from Acuity Trading.

These differences are reflected in independent ratings. eToro scores 4.5 out of 5 stars for Research and ranks #13 out of 63 brokers at ForexBrokers.com, while HYCM scores 3.5 stars and ranks #36. If you want sentiment insights and TipRanks on top of standard news and calendars, eToro has the edge. If you only need Trading Central, daily updates, and an economic calendar, both brokers will meet that need.

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

eToro vs HYCM for beginner education: eToro stands out with ongoing monthly webinars, at least 10 beginner-friendly videos, and a full set of 10+ advanced videos so you can keep learning as your skills grow. HYCM also offers 10+ beginner videos, but it does not host monthly webinars and has fewer than 10 advanced videos, which may limit next-step learning.

Independent ratings back this up: eToro scores 4.5/5 stars and ranks #5 out of 63 brokers for Education at ForexBrokers.com, while HYCM scores 3.5/5 stars and ranks #32. If you want live teaching plus a deeper video library that can carry you from beginner to more advanced topics, eToro is the stronger pick. If you just need basic, on-demand videos and don’t mind the lack of webinars, HYCM can cover the essentials.

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 #29.

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
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 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
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 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 (SFC 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 1 info 1.2 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
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 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
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Review eToro Review HYCM (Henyep Capital Markets) Review
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