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 |
When comparing the commissions and fees of HYCM (Henyep Capital Markets) and Exness, both brokers come with distinct offerings ideal for varying trader needs. HYCM's Raw account provides competitive pricing, with costs around 0.6 pips for trading EUR/USD, after accounting for commission. Alternatively, the Classic account is slightly pricier, featuring a variable spread starting from 1.2 pips. Additionally, HYCM offers a fixed-spread account set at 1.5 pips, catering to traders preferring stable trading costs. Overall, HYCM receives a commendable rating of 4.5 stars for its commissions and fees, positioning it at #15 among 63 brokers listed by ForexBrokers.com.
Exness, on the other hand, offers a diverse range of account types, including two standard and three professional options, as well as specialized accounts for social copy trading. The cost structures are notably determined by the account chosen. While commission-based accounts feature lower spreads, the commission-free options inherently carry higher spreads. For example, their Zero Spread account imposes a per-trade commission of $0.05, while their Raw account demands up to $7 per round-turn lot commission. Despite a slightly lower rating of 4 stars in the commissions and fees category, Exness ranks #35 out of 63 brokers, according to ForexBrokers.com, indicating a solid reputation among traders, but slightly behind HYCM in terms of pricing appeal.
| 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.
When exploring HYCM (Henyep Capital Markets) and Exness, traders will find both offer forex trading through CFDs or spot contracts. However, when it comes to the range of tradeable symbols, HYCM stands out with an impressive 1,199 options compared to Exness's more limited 227. On the forex front, Exness leads slightly with 96 pairs while HYCM offers 70. An attractive feature of HYCM is its provision of exchange-traded securities on both U.S. and international markets, allowing investors to buy shares like Apple and Vodafone, a service not available at Exness.
For those interested in copy trading, Exness provides this functionality, whereas HYCM does not. In the realm of cryptocurrency, both brokers offer the option to trade crypto derivatives but not the actual cryptocurrencies. According to ForexBrokers.com, HYCM garners a higher rating for its range of investments with 4 stars and ranks 33rd out of 63 brokers, aiming to attract a diverse array of investors. Meanwhile, Exness earns 3.5 stars and holds the 55th spot in the rankings, reflecting a more modest selection of investment opportunities.
| 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 and Exness are both competitive in the world of online trading, offering a range of platforms and tools. Each provides simulated or paper trading through free demo accounts, enabling users to practice without financial risk. Both brokers have developed proprietary platforms and support Windows-based desktop downloads as well as web-based trading. In addition, popular third-party platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available with both HYCM and Exness, offering traders familiar and comprehensive solutions.
When it comes to advanced features, Exness has an edge with its copy trading capabilities, whereas HYCM does not support this function. Exness also stands out with a larger selection of drawing tools for charting, boasting 87 compared to HYCM's 15. Both brokers enable direct trading from stock charts and provide seven columns for watch lists. While both have earned four stars for their trading platforms and tools, Exness ranks higher at #26 compared to HYCM's #40 out of 63 brokers, reflecting a slightly more favorable evaluation for its offerings.
| 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 provide mobile trading apps compatible with iPhone and Android devices, allowing traders to track their stock and forex investments conveniently. Both apps offer valuable features such as price alerts, trendline drawing on charts, and the ability to view multiple time frames, ensuring that users have access to essential trading tools irrespective of their location. While both brokers allow the creation of watchlists with real-time quotes, they lack the ability to sync watchlists with online accounts, which may be a consideration for traders who frequently switch between devices.
In terms of technical studies for charting, Exness offers a slightly higher number of options with 35 versus the 30 provided by HYCM. Moreover, HYCM's app stands out by auto-saving drawings on charts, a feature not present in the Exness app. Each app holds a four-star rating for mobile trading, though Exness secures a higher ranking by ForexBrokers.com, positioned at #26, compared to HYCM at #37 out of 63 brokers. Therefore, while both apps are competent, traders might favor certain features depending on their specific trading needs and preferences.
| 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.
Both HYCM (Henyep Capital Markets) and Exness deliver daily market commentary and supply forex news from top-tier sources like Bloomberg and Reuters. They offer technical analysis tools from Trading Central, enabling traders to make informed decisions. However, Exness stands out with its sentiment-based trading tool that shows the ratio of long or short positions among currency pairs. On the other hand, neither broker provides research tools from Autochartist or Acuity Trading, and both lack market research from TipRanks.
For those prioritizing economic insights, both HYCM and Exness offer economic calendars to track global market events. In terms of ratings, each broker scores 3.5 out of 5 for research quality. While HYCM is ranked #35 by ForexBrokers.com among 63 brokers for research, Exness is ranked slightly lower at #41, indicating a competitive but slightly differentiated standing in the realm of market research offerings.
| 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) | No | No | |
| 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) | No | Yes | |
| 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 | 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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