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.
FOREX.com offers a wider range of investments than HYCM (Henyep Capital Markets), making it the stronger choice for traders who want more market variety. Both brokers support forex trading as a CFD or spot contract, and both give access to exchange-traded securities on U.S. and international exchanges. They also each offer cryptocurrency CFDs, but neither lets clients buy actual cryptocurrency or use copy trading. Where FOREX.com pulls ahead is in overall selection, with 5,500 tradeable symbols and 80 forex pairs, compared with HYCM’s 1,199 symbols and 70 forex pairs.
For range of investments, the difference is clear in the ratings and rankings as well. FOREX.com earns 5 out of 5 stars and ranks #6 out of 36 brokers, while HYCM receives 4 out of 5 stars and ranks #27. If you want the broker with the broader product lineup and more trading choices, FOREX.com comes out ahead over HYCM in this category.
| 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 solid set of platform choices, including a free demo account for paper trading, an in-house platform, desktop software for Windows, a web-based platform, and support for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both brokers also let you place trades directly from a chart, which can make fast decisions easier. Neither broker offers copy trading, so traders looking for that feature will need to look elsewhere.
When it comes to trading platforms and tools, FOREX.com has the edge overall. It earns a 5-star rating from ForexBrokers.com and ranks #5 out of 36 brokers, while HYCM holds a 4-star rating and ranks #32. For traders comparing broker platforms, both are practical choices, but FOREX.com stands out as the stronger option for overall platform quality 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 make mobile trading easy for iPhone and Android users, and each app includes price alerts, trendline drawing, and auto-saving for chart drawings. That said, FOREX.com has the edge for everyday mobile use because its watchlists sync with the client’s online account, so changes carry over between devices. HYCM does not offer that sync feature, which may matter to traders who like to move back and forth between mobile and desktop.
FOREX.com also stands out for charting, offering 90 technical studies in its mobile app compared with HYCM’s 30. This wider set of tools helps traders do more analysis on the go. The market ratings also favor FOREX.com, which earns 5 stars for Mobile Trading Apps and ranks #2 out of 36 brokers, while HYCM holds a 4-star rating and ranks #30. For mobile trading overall, FOREX.com appears to offer the more polished app experience.
| 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.
FOREX.com and HYCM (Henyep Capital Markets) both give traders useful market research tools, including daily market commentary, forex news from top sources like Bloomberg, Reuters, and Dow Jones, Trading Central research, and an economic calendar for tracking global events. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools, so their research suites are similar in several key areas.
The main difference is that FOREX.com adds a sentiment tool that shows the split between long and short positions, which HYCM does not offer. This extra feature helps traders gauge market positioning at a glance and may give FOREX.com an edge for research. That advantage is reflected in ForexBrokers.com ratings, where FOREX.com earns 5 stars and ranks #7 out of 36 brokers for Research, while HYCM scores 3.5 stars and ranks #29.
| 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
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HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 99 | 85 |
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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.
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0 of 5| Overall Rating | FOREX.com | HYCM (Henyep Capital Markets) | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | FOREX.com | HYCM (Henyep Capital Markets) | |
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| 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) | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | HYCM (Henyep Capital Markets) Review |
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