Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
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.
Comparing the regulation and safety of online brokers FOREX.com and HYCM (Henyep Capital Markets) is easier with ForexBrokers.com’s Trust Score. On this 0–99 scale: 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted. FOREX.com scores 99 (highly trusted), while HYCM scores 85 (trusted).
FOREX.com, founded in 1999, is publicly traded and not a bank. It holds seven Tier-1 licenses and two Tier-2 licenses. HYCM, founded in 1977, is not publicly traded and not a bank, with two Tier-1 licenses and one Tier-2 license. In general, more Tier-1 licenses mean broader oversight from top regulators, which helps explain FOREX.com’s higher rating.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 1999 | 1977 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
FOREX.com and HYCM (Henyep Capital Markets) both score highly for commissions and fees, each earning 4.5 out of 5 stars, but FOREX.com edges ahead in the ForexBrokers.com ranking at No. 15 out of 36 brokers, compared with HYCM at No. 18. In simple terms, both brokers can be good choices for cost-conscious traders, but the best option depends on the account type and how often you trade.
FOREX.com is a bit more expensive on its Standard account, especially for U.S. traders, where the EUR/USD spread has averaged around 1.4 pips. Its RAW account is cheaper, with typical EUR/USD spreads near 0.13 pips, but it comes with commission charges, and the all-in cost is often similar to the Standard account unless you trade in very high volumes. Outside the U.S., FOREX.com can be more competitive, with average EUR/USD spreads around 0.74 pips, and active traders may benefit from volume-based rebates.
HYCM’s pricing is straightforward and can be lower on its Raw account, where the all-in EUR/USD cost is about 0.6 pips after commission. Its Classic account is pricier, with variable spreads starting from 1.2 pips, while the fixed-spread account offers a 1.5-pip spread. Overall, HYCM may be the simpler low-cost choice for some traders, but FOREX.com offers more account options and can be attractive for active traders who want tighter spreads and rebate programs.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 |
| All-in Cost EUR/USD - Active | 1.13 | 0.6 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, FOREX.com offers a wider selection than HYCM (Henyep Capital Markets). Both brokers support forex trading as CFDs or spot contracts, and each gives access to exchange-traded securities on both U.S. and international exchanges. They also both offer cryptocurrency CFDs, but neither lets clients buy actual, delivered cryptocurrency, and neither offers copy trading.
FOREX.com stands out with 5,500 tradeable symbols and 80 forex pairs, compared with HYCM’s 1,199 symbols and 70 forex pairs. That bigger lineup helps give FOREX.com an edge for traders who want more market choice, which is reflected in its 5-star Range of Investments rating and #6 ranking out of 36 brokers, versus HYCM’s 4 stars and #28 ranking.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1199 |
| Forex Pairs (Total) | 80 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
FOREX.com and HYCM (Henyep Capital Markets) both give traders a wide choice of platform options, including free demo accounts for paper trading, a proprietary in-house platform, and desktop and web-based trading access. Each broker also supports MetaTrader 4 and MetaTrader 5, and both let users trade directly from charts. Neither broker offers copy trading, so traders who want to mirror other investors will need to look elsewhere. For charting tools and watch lists, both brokers provide trading tools built for active use, though the exact counts of indicators and watch list fields were not specified here.
When it comes to overall trading platforms and tools, FOREX.com has the edge. It is rated 5 out of 5 stars and ranks #5 out of 36 brokers at ForexBrokers.com, while HYCM is rated 4 out of 5 stars and ranks #33. In simple terms, both brokers offer many of the same platform features, but FOREX.com is generally viewed as the stronger choice for trading platforms and tools.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 90 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and HYCM (Henyep Capital Markets) both give traders the basics needed for mobile trading, including iPhone and Android apps, price alerts, trendline drawing, and auto-saving chart drawings. This means you can follow the markets and manage trades from either broker while on the go.
Where FOREX.com pulls ahead is in app quality and charting tools. Its mobile app includes 90 technical studies, compared with 30 at HYCM, and it also syncs watchlists between the mobile app and online account, which HYCM does not offer. That added convenience helps explain why FOREX.com earns a 5-star mobile trading app rating and ranks #2 out of 36 brokers, while HYCM holds a 4-star rating and ranks #31.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 90 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both FOREX.com and HYCM (Henyep Capital Markets) give traders useful everyday tools. Each broker offers daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, Trading Central research, and an economic calendar that tracks key global events. Neither broker includes Autochartist, TipRanks, or Acuity Trading research tools.
The main difference is that FOREX.com adds a sentiment tool that shows whether traders are mostly long or short on different currency pairs, while HYCM does not. That extra feature helps FOREX.com stand out, which is reflected in its 5-star research rating and #7 ranking out of 36 brokers. HYCM is still solid for research, but it trails behind with a 3.5-star rating and a #30 ranking.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner-friendly education, FOREX.com clearly gives new traders more to work with than HYCM (Henyep Capital Markets). FOREX.com offers forex and CFD learning content, at least one online educational webinar each month, and 10 or more beginner videos plus 10 or more advanced videos. That broader mix helps beginners start with the basics and keep learning as their skills grow. It also shows in its Education rating of 5 stars and its strong #4 ranking out of 36 brokers.
HYCM also offers forex and CFD education, and it provides at least 10 beginner videos, which is helpful for first-time traders. However, it does not offer monthly educational webinars and does not match FOREX.com on advanced video content. With a 3.5-star Education rating and a #27 ranking out of 36, HYCM gives beginners some useful material, but FOREX.com is the stronger choice overall for anyone who wants more learning support.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than HYCM (Henyep Capital Markets). FOREX.com finished with an overall rank of #4, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 85 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
FOREX.com and HYCM (Henyep Capital Markets) are online brokers that do not support buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
In this online broker comparison, FOREX.com supports ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals, while HYCM (Henyep Capital Markets) supports Skrill and bank wires but not ACH/SEPA or PayPal.
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 | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 99 | 85 | |
| Year Founded | 1999 | 1977 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1199 | |
| Forex Pairs (Total) | 80 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 | |
| All-in Cost EUR/USD - Active | 1.13 | 0.6 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 90 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | HYCM (Henyep Capital Markets) Review |
| Overall | FOREX.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | HYCM (Henyep Capital Markets) Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill