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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
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 info 1.4 info 1.2 info
All-in Cost EUR/USD - Active info 0.9 info 0.6 info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the range of investments, FOREX.com offers a wider selection of markets than HYCM (Henyep Capital Markets). FOREX.com lists about 5,500 tradeable symbols and 80 forex pairs, while HYCM provides roughly 1,199 symbols and 70 currency pairs. Both brokers support forex trading as CFDs or spot contracts and both offer cryptocurrency derivatives but not actual, delivered crypto. Copy trading is not available at either firm. Reflecting its broader market coverage, FOREX.com holds a 5-star rating and ranks #7 out of 63 brokers for Range of Investments, whereas HYCM is rated 4 stars and ranks #34.

A key difference is access to real shares: HYCM lets clients buy exchange-traded securities on both U.S. and international exchanges, while FOREX.com does not offer real stock trading (its shares are via CFDs only). Choose FOREX.com if you want a larger menu of CFD markets and more forex pairs; choose HYCM if owning actual stocks on U.S. and global exchanges matters to you while still having access to CFDs and crypto derivatives.

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 1199
Forex Pairs (Total) info 80 70
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info No No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 both check the essentials for platform access and practice trading: each offers a free demo account, a proprietary platform, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade from a Windows desktop download or a web-based platform with either broker. Copy trading isn’t available at either, and neither integrates DupliTrade or ZuluTrade. Both also let you place trades directly from charts.

Where they differ is in platform depth and customization. FOREX.com offers far more charting flexibility, with 239 drawing tools versus HYCM’s 15, and more detailed watchlists (20 fields versus 7). These strengths are reflected in industry reviews: FOREX.com is rated 5 stars for Trading Platforms and Tools and ranks #7 out of 63 brokers at ForexBrokers.com, while HYCM holds 4 stars and ranks #41. If specific indicator sets are important to you, try each broker’s free demo to see which platform’s tools fit your trading style.

Feature FOREX.com logoFOREX.com
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 88 30
Charting - Drawing Tools (Total) info 239 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 20 7

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

Forex trading apps

Both FOREX.com and HYCM offer full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, trendline drawing, multiple time frames (daily, weekly, intraday), auto-saving of chart drawings, and watchlists with real-time quotes—so you can track markets and act quickly from your phone.

The key differences show up in charting depth and syncing. FOREX.com provides 88 technical studies and syncs watchlists with your online account, while HYCM includes 30 technical studies and does not sync watchlists. Reflecting this gap, ForexBrokers.com rates FOREX.com’s mobile app 5 stars and ranks it #3 out of 63 brokers, versus HYCM’s 4-star rating and #38 ranking. If you want more indicators and seamless watchlist syncing, FOREX.com stands out; if you only need the essentials, HYCM gets the job done.

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 Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 88 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist 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 info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, FOREX.com and HYCM both offer a range of materials to support new traders, but they differ in a few key areas. Both brokers provide over 10 educational pieces on forex or CFDs, including articles and videos. While FOREX.com hosts monthly online educational webinars, HYCM does not, which might make a difference for those who benefit from interactive learning sessions. However, both platforms maintain a searchable archive of past webinars, allowing users to access recorded content at their convenience.

Both FOREX.com and HYCM cater to beginners with more than 10 educational videos specifically for new traders, and they provide an investor dictionary with over 50 terms to help users familiarize themselves with trading language. For those seeking more advanced learning, FOREX.com takes the lead by offering at least 10 advanced video lessons—a resource HYCM does not match. This broader range of educational content helps FOREX.com secure a higher education rating of 4.5 stars and a competitive rank of #4 among 63 brokers on ForexBrokers.com, compared to HYCM’s 3.5 stars and #32 rank.

Feature FOREX.com logoFOREX.com
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

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)?

Both FOREX.com and HYCM (Henyep Capital Markets) do not offer the ability to buy actual delivered cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.

What funding options does each broker offer?

When comparing the funding and withdrawal options of online brokers FOREX.com and HYCM (Henyep Capital Markets), FOREX.com stands out by offering ACH, SEPA transfers, and PayPal, with the addition of Visa or Mastercard and bank wires, while HYCM provides Visa or Mastercard, bank wires, and supports Skrill, showcasing distinct differences in their payment options.




announcementPlease 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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Compare

0 of 5
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
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/Central Bank 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 1199
Forex Pairs (Total) info 80 70
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info No No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 info 1.4 info 1.2 info
All-in Cost EUR/USD - Active info 0.9 info 0.6 info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info No Yes
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 No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms FOREX.com HYCM (Henyep Capital Markets)
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools FOREX.com HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 20 7
Charting - Indicators / Studies (Total) info 88 30
Charting - Drawing Tools (Total) info 239 15
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 Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 88 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research FOREX.com HYCM (Henyep Capital Markets)
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education FOREX.com HYCM (Henyep Capital Markets)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs FOREX.com HYCM (Henyep Capital Markets)
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
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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