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FOREX.com vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

FOREX.com
5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
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

When comparing the online brokers FOREX.com and HYCM, it is essential to examine their regulatory details and trust ratings. FOREX.com, established in 1999, is a publicly traded company with a ForexBrokers.com Trust Score of 99 out of 99, indicating it is a highly trusted broker. It holds seven Tier-1 licenses, marking it as a reliable option for traders seeking a secure platform. Although not a bank, its presence on the stock exchange adds an extra layer of transparency, which can be attractive for investors and traders prioritizing credibility and accessibility.

On the other hand, HYCM, founded in 1977, is not publicly traded but has secured a trust score of 86, reflecting its status as a trusted broker, albeit slightly below FOREX.com. HYCM holds two Tier-1 licenses and one Tier-2 license, which confirms that it meets the standards for trust and safety expected by traders. Though both brokers are trustworthy, the additional Tier-1 licenses and the public trading status give FOREX.com an edge for those seeking higher reassurance in their trading partner.

Feature FOREX.com logoFOREX.com
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 1999 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 7 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, both FOREX.com and HYCM (Henyep Capital Markets) score 4.5 out of 5 stars. In ForexBrokers.com’s Commissions and Fees category, FOREX.com ranks #14 of 63, while HYCM ranks #16. Each broker offers multiple account types, and your total trading cost depends on the account you choose and, for FOREX.com, your region and monthly volume.

FOREX.com’s Standard account averages about 1.4 pips on EUR/USD in the U.S., while markets outside the U.S. averaged 0.74 pips in July 2023. Its RAW account posts typical EUR/USD spreads near 0.13 pips plus a $7 per standard lot commission ($3.50 per side), putting the all‑in cost around 0.83 pips at the base tier. Active‑trader rebates of $2–$9 per million can lower costs further, and very high‑volume traders (over $2 billion per month) can reach pricing comparable to leading low‑cost peers. For many U.S. traders under $50 million in monthly volume, the RAW account’s all‑in cost can end up close to the Standard account, with the main differences being execution and platform options.

HYCM’s Raw account is sharp on pricing with an all‑in cost around 0.6 pips for EUR/USD after commission. Its Classic account starts from 1.2 pips (variable), and the Fixed account is 1.5 pips. Bottom line: at typical volumes, HYCM’s Raw account is usually cheaper than FOREX.com’s base‑tier RAW pricing in the U.S., while HYCM’s Classic also undercuts FOREX.com’s U.S. Standard spread. Outside the U.S., FOREX.com’s averages can be more competitive, and high‑volume traders may find FOREX.com’s rebates narrow or erase the gap.

Feature FOREX.com logoFOREX.com
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $100 $20
Average spread (EUR/USD) - Standard account info 1.4 info 1.2 info
All-in Cost EUR/USD - Active info 0.9 info 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

FOREX.com and HYCM (Henyep Capital Markets) both let you trade forex either as CFDs or spot. For sheer variety, FOREX.com offers about 5,500 tradeable symbols, including 80 currency pairs, while HYCM provides around 1,199 symbols with 70 forex pairs.

If you want real shares (not CFDs), HYCM offers exchange-traded securities on both U.S. and international exchanges; FOREX.com does not. Both brokers offer crypto via CFDs but not actual cryptocurrencies, and neither supports copy trading. In ForexBrokers.com’s Range of Investments scores, FOREX.com earns 5 out of 5 stars and ranks 7th out of 63 brokers, while HYCM earns 4 out of 5 stars and ranks 34th.

Feature FOREX.com logoFOREX.com
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 5500 info 1199
Forex Pairs (Total) info 80 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info No No
Cryptocurrency (Underlying) info No 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

FOREX.com and HYCM (Henyep Capital Markets) both cover the essentials for traders who care about platforms and tools. Each broker offers a free demo account for paper trading, an in-house proprietary platform, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade on a Windows desktop download or in your web browser with either provider, and both let you place orders directly from charts. That gives new and experienced traders similar core workflows across desktop and web without sacrificing chart-driven execution.

Where they differ is recognition and ratings. For Trading Platforms and Tools, ForexBrokers.com rates FOREX.com at 5 stars and ranks it #7 out of 63 brokers, while HYCM earns 4 stars and ranks #41. Neither broker offers copy trading, so if social features matter you’ll need third-party solutions. If you want a higher-rated, feature-rich platform experience, FOREX.com has the edge; if you want MetaTrader access alongside a proprietary platform, HYCM remains a solid, familiar choice.

Feature FOREX.com logoFOREX.com
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 Yes Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 88 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both FOREX.com and HYCM (Henyep Capital Markets) offer iPhone and Android apps with price alerts, trendline drawing, and auto-saved chart annotations. The key differences show up in daily use: FOREX.com supports watchlist syncing between the mobile app and your online account, while HYCM does not. FOREX.com also packs 88 technical studies for charting, compared to 30 on HYCM, which can matter if you rely on multiple indicators for trade decisions.

In independent reviews, FOREX.com earns 5 stars and ranks #3 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, whereas HYCM holds 4 stars and ranks #38. If you want deeper charting and seamless watchlist syncing across devices, FOREX.com may be the better fit; HYCM remains a capable choice for traders who prefer a simpler mobile setup.

Feature FOREX.com logoFOREX.com
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 88 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

FOREX.com and HYCM (Henyep Capital Markets) both deliver daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Each broker includes Trading Central research for technical and fundamental insights and an economic calendar to track global events. Neither platform offers Autochartist, TipRanks, or tools from Acuity Trading.

FOREX.com stands out with a sentiment trading tool that shows long/short positioning across instruments, which HYCM does not provide. That edge aligns with independent scores: ForexBrokers.com rates FOREX.com 4.5/5 for Research and ranks it 9th out of 63 brokers, while HYCM earns 3.5/5 and ranks 36th. If sentiment data is important to your strategy, FOREX.com is the stronger pick; if you mainly want commentary, top-tier news, Trading Central, and an economic calendar, both brokers cover those needs.

Feature FOREX.com logoFOREX.com
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 No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Both FOREX.com and HYCM (Henyep Capital Markets) offer beginner-friendly forex and CFD education, meeting the basic benchmark of 10+ learning pieces through their video libraries. Each has at least 10 beginner videos. FOREX.com also runs online educational client webinars at least once per month, while HYCM does not. For traders who want to keep learning after the basics, FOREX.com provides 10+ advanced videos for experienced traders; HYCM’s advanced video selection is more limited.

Looking at independent ratings, FOREX.com earns 4.5 stars for Education and ranks #4 out of 63 brokers on ForexBrokers.com. HYCM holds 3.5 stars and ranks #32. In short, both can help you get started, but FOREX.com is the stronger pick if you value ongoing webinars and a deeper path of advanced lessons, whereas HYCM suits those who mainly want straightforward beginner videos.

Feature FOREX.com logoFOREX.com
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 FOREX.com is better than HYCM (Henyep Capital Markets). FOREX.com finished with an overall rank of #5, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.

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 logoFOREX.com
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 86
Range of Investments 5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with FOREX.com or HYCM (Henyep Capital Markets)?

FOREX.com and HYCM (Henyep Capital Markets) are online brokers that do not support buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.

What funding options does each broker offer?

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.

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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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Overall Rating FOREX.com HYCM (Henyep Capital Markets)
Overall Rating info 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 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 86
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) info
FOREX.com mobile app trading from charts. FOREX.com web platform charts. FOREX.com market news analysis. FOREX.com education beginner courses
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation FOREX.com HYCM (Henyep Capital Markets)
Trust Score info 99 86
Year Founded info 1999 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 7 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) FOREX.com HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes 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) FOREX.com HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments FOREX.com HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 5500 info 1199
Forex Pairs (Total) info 80 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info No No
Cryptocurrency (Underlying) info No 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 FOREX.com HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 1.4 info 1.2 info
All-in Cost EUR/USD - Active info 0.9 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding FOREX.com HYCM (Henyep Capital Markets)
Minimum Deposit info $100 $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 FOREX.com HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools FOREX.com HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 88 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FOREX.com 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 88 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research FOREX.com 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 No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education FOREX.com 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 FOREX.com 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 FOREX.com Review HYCM (Henyep Capital Markets) Review
Overall FOREX.com HYCM (Henyep Capital Markets)
Overall Rating info 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 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 86
Winner check_circle
Review FOREX.com Review HYCM (Henyep Capital Markets) Review
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