Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Exness, 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.
HYCM (Henyep Capital Markets), founded in 1977, and Exness, established in 2008, are two prominent online brokers that are privately held and non-bank entities. Both companies hold two Tier-1 licenses, reflecting their classification as highly trusted according to ForexBrokers.com standards. While HYCM has one Tier-2 license, Exness holds three, indicating a broader range of regulatory coverages in the trusted category. As of the latest evaluations, HYCM has earned a Trust Score of 86, placing it in the 'trusted' bracket, whereas Exness follows closely with a Trust Score of 81, also denoting its standing as a trusted broker in the financial trading space.
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| Year Founded | 1977 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
Looking at trading costs, HYCM (Henyep Capital Markets) earns 4.5/5 stars for commissions and fees and is ranked #16 out of 63 brokers by ForexBrokers.com, while Exness holds 4/5 stars and ranks #36. HYCM’s Raw account sets a clear reference point with an all-in cost around 0.6 pips on EUR/USD (including commission), whereas Exness offers multiple account types where pricing depends on whether you choose commission-free or commission-based plans.
HYCM keeps it straightforward: the Raw account targets low costs (about 0.6 pips all-in on EUR/USD). The Classic account is commission-free with variable spreads starting from 1.2 pips, and there’s also a fixed-spread option at 1.5 pips for traders who prefer predictable pricing.
Exness provides five main accounts. Standard Cent has the highest spreads, and Standard improves slightly—both are commission-free with market execution. The Pro account is also commission-free with lower spreads and offers both instant and market execution. For the tightest spreads, Exness’ commission accounts are key: Zero Spread charges a per-trade commission of $0.05 with market execution, while the Raw account charges up to $7 per round turn lot ($3.5 per side) and features low spreads; both have no leverage or stop-out restrictions and a 30% margin call trigger. In short, HYCM’s Raw account gives a clear, low all-in EUR/USD quote, while Exness can be highly competitive on its Raw or Zero Spread accounts, with the final cost depending on live spreads plus the stated commission.
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| Minimum Deposit | $20 | $10 |
| 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 | No |
| 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.
HYCM (Henyep Capital Markets) and Exness both support forex trading via CFDs or spot contracts, but their product lineups differ. HYCM lists 1,199 tradeable symbols, far more than Exness with 227. Exness counters with more currency choice, offering 96 forex pairs versus HYCM’s 70. For shares, HYCM lets clients buy exchange-traded U.S. and international stocks (not CFDs), while Exness does not offer real share dealing. Both brokers provide cryptocurrency derivatives but do not support buying actual crypto.
On features, Exness offers copy trading; HYCM does not. For Range of Investments, HYCM is rated 4 out of 5 stars and ranks 34th out of 63 brokers at ForexBrokers.com, while Exness earns 3.5 out of 5 stars and ranks 56th. In short, HYCM suits traders who want a wider set of instruments and access to real stocks, whereas Exness appeals to forex-focused traders who value copy trading and a larger list of currency pairs.
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 227 |
| Forex Pairs (Total) | 70 | 96 |
| 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.
HYCM (Henyep Capital Markets) and Exness both make it easy to get started with a free demo account for paper trading. Each broker offers a proprietary platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with access on Windows desktop and through a web browser. You can place trades directly from charts with either broker, and watchlists support up to 7 columns. Neither broker integrates DupliTrade or ZuluTrade, and the number of built-in technical indicators was not provided.
The biggest difference is copy trading: Exness offers it, while HYCM does not. For charting, Exness lists 87 drawing tools compared with 15 at HYCM, which could matter if you rely on detailed annotations. Both earn 4 out of 5 stars for Trading Platforms and Tools, but ForexBrokers.com ranks Exness higher (#26 of 63) than HYCM (#41 of 63).
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| 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 | 107 |
| Charting - Drawing Tools (Total) | 15 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and Exness both offer mobile trading apps for iPhone and Android. Each app supports stock or forex price alerts and lets you build watchlists with real-time quotes. Neither broker syncs watchlist symbols between the app and your online account. For charting, both apps let you draw trendlines and switch between multiple time frames, but Exness includes more built-in technical studies (35 vs. HYCM’s 30). HYCM, however, gains an edge by auto-saving your chart drawings, while Exness does not.
Both brokers earn 4 stars for Mobile Trading Apps, yet Exness holds a higher placement in ForexBrokers.com’s rankings (#26 of 63) compared with HYCM (#38 of 63). In short: choose Exness if you want more indicators, or pick HYCM if auto-saving your annotations matters more.
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
HYCM (Henyep Capital Markets) and Exness both deliver solid market research for forex traders: daily market commentary, real-time news from top-tier sources like Bloomberg/Reuters/Dow Jones, Trading Central tools, and an economic calendar. Neither broker offers Autochartist, TipRanks, or Acuity Trading/Signal Centre. One notable difference is sentiment data—Exness provides a tool that shows long/short positioning across instruments, while HYCM does not, which can help gauge crowd bias at a glance.
Both are rated 3.5 out of 5 stars for research. In rankings, HYCM places #36 out of 63 brokers on ForexBrokers.com, while Exness comes in at #42. If you value built-in sentiment analysis, Exness has the edge. If you mainly want daily commentary, trusted news, Trading Central insights, and a clear calendar, either broker should suit your needs.
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| 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 beginner traders, both HYCM and Exness provide a strong foundation, each offering a range of materials to help novices get started. Both brokers meet the minimum standard of providing at least 10 pieces of educational content focused on forex and CFDs, including articles, videos, and archived webinars. While neither HYCM nor Exness offers live educational webinars on a monthly basis, they do maintain a searchable archive of past recorded sessions. This can be beneficial for traders who prefer learning at their own pace. Each broker also provides over 10 instructional videos tailored to beginners, so whether you're with HYCM or Exness, you have access to a wealth of easy-to-digest information.
For those looking to build their investing vocabulary, both brokers offer an investor dictionary with definitions for over 50 terms. However, neither HYCM nor Exness provides more than 10 advanced videos for traders who are already past the beginner stage. Despite this, both brokers are rated 3.5 stars for their educational offerings. On the ForexBrokers.com ranking for education, HYCM is placed at 32 out of 63 brokers, while Exness is slightly further down the list at 47. This suggests that while their educational content is similar in many ways, HYCM might offer a slight edge for those prioritizing educational resources.
| Feature |
HYCM (Henyep Capital Markets)
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| 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 Exness. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Exness finished with an overall rank of #43.
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)
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 81 |
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Both HYCM (Henyep Capital Markets) and Exness do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to trade in cryptocurrency derivatives.
Both HYCM (Henyep Capital Markets) and Exness provide similar fund deposit and withdrawal options, allowing users to utilize Skrill, Visa or Mastercard, and bank wires, while neither offers ACH, SEPA, nor PayPal services.
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) | Exness | |
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| Trust Score | 86 | 81 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Exness Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Exness | |
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| Regulation | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| Trust Score | 86 | 81 | |
| Year Founded | 1977 | 2008 | |
| 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 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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) | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 227 | |
| Forex Pairs (Total) | 70 | 96 | |
| 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) | Exness | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| Minimum Deposit | $20 | $10 | |
| 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) | Exness | |
|---|---|---|---|
| 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) | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 107 | |
| Charting - Drawing Tools (Total) | 15 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| 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) | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | HYCM (Henyep Capital Markets) | Exness | |
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| Trust Score | 86 | 81 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Exness Review |
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