menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

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 1 0
Tier-4 Licenses info 1 1

Fees

FOREX.com and HYCM both earn 4.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s rankings, FOREX.com places #15 of 63, while HYCM ranks #18 of 63. Both offer multiple account types, but their pricing structures differ in ways that can matter depending on where you trade and how much volume you do.

FOREX.com’s Standard account (the only option for MetaTrader users) posted typical EUR/USD spreads of about 1.4 pips in the U.S. in July 2023, while outside the U.S. the EUR/USD averaged about 0.74 pips that same month. The DMA account has been retired and replaced by the RAW account, which showed typical EUR/USD spreads of 0.13 pips (February 2024). The RAW account charges a $7 commission per standard lot ($3.50 per side), adding roughly 0.7 pips to the quoted spread, and includes six volume tiers with rebates of $2–$9 per million. Available in the U.S., EU, and Canada (including MT5), the RAW account can be cost-effective for very active traders; however, in the U.S., unless you trade more than $50 million per month, total costs often end up close to the Standard account.

HYCM’s pricing is straightforward: the Raw account delivers an all-in cost around 0.6 pips on EUR/USD after commission, while the Classic account starts from 1.2 pips and the Fixed account is 1.5 pips. In practice, HYCM’s Raw account can undercut FOREX.com’s Standard pricing and may also beat FOREX.com’s RAW setup for many U.S.-based, lower-volume traders who don’t qualify for larger rebates, while very high-volume traders may find FOREX.com’s tiers increasingly competitive.

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 1.00 info 1.3 info
All-in Cost EUR/USD - Active info 1.13 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 offers a wider selection of investments, with 5,500 tradeable symbols and 80 forex pairs, compared with HYCM’s 1,199 symbols and 70 forex pairs. Both brokers support forex trading via CFDs/spot and both let you buy exchange‑traded stocks on U.S. and international exchanges (for example, Apple on NASDAQ and Vodafone in London).

Neither broker offers copy trading or the ability to buy actual cryptocurrency, but both provide crypto via CFDs. For range of investments, ForexBrokers.com rates FOREX.com at 5 stars and ranks it 6th out of 63 brokers, while HYCM holds 4 stars and ranks 27th. If having more markets to choose from is your priority, FOREX.com has the edge; HYCM still covers key markets with crypto CFDs and access to global shares.

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 Yes Yes
Global Stocks (Non-U.S. Shares) info Yes 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 both cover the key platform needs for forex traders: free demo accounts for paper trading; their own proprietary platforms alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5); Windows desktop downloads and browser-based web platforms. You can place trades directly from charts at either broker, and both include watchlists and charting tools. Neither broker offers copy trading.

For trading platforms and tools, independent ratings give FOREX.com the edge: 5 stars and ranked #5 out of 63 brokers by ForexBrokers.com, versus HYCM’s 4 stars and #32 ranking. If a higher-rated platform experience is important, FOREX.com stands out, while HYCM still delivers the essentials with MT4/MT5 plus its own platform. Try each broker’s free demo to see which interface fits your workflow.

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 90 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 full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, drawing trendlines on charts, and auto-saving your chart annotations—handy for tracking forex moves on the go.

FOREX.com pulls ahead on depth and convenience. Its app includes 90 technical studies compared with HYCM’s 30, and it syncs watchlists with your online account (HYCM does not). According to ForexBrokers.com, FOREX.com earns 5 stars and ranks #2 out of 63 brokers for Mobile Trading Apps, while HYCM scores 4 stars and ranks #30. If you want stronger charting tools and seamless watchlist syncing, FOREX.com is the better pick; HYCM still covers the basics for mobile trading.

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 90 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Both FOREX.com and HYCM deliver daily market commentary and stream forex headlines from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker includes Trading Central research and an economic calendar, covering key events traders watch. Neither platform offers Autochartist, TipRanks, or Acuity Trading tools. A key difference: FOREX.com provides a sentiment tool that shows the long/short positioning across markets, while HYCM does not.

For research quality, FOREX.com earns 4.5 out of 5 stars and ranks #7 out of 63 brokers at ForexBrokers.com. HYCM scores 3.5 out of 5 stars and ranks #29. If you want stronger research depth and access to sentiment data, FOREX.com is the better fit; HYCM remains a solid pick for everyday news, commentary, and Trading Central insights.

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 offer forex and CFD education with at least 10 pieces of learning content, making them suitable starting points for beginners. However, FOREX.com stands out for its ongoing support: it hosts client webinars at least once a month, offers 10+ beginner videos, and provides 10+ advanced videos for when traders are ready to level up. This depth of learning is reflected in its 4.5-star Education rating and #4 ranking out of 63 brokers by ForexBrokers.com.

HYCM also supplies a solid library for newcomers, including 10+ beginner videos, but it does not run monthly client webinars and lacks a comparable set of advanced videos. As a result, it carries a 3.5-star Education rating and ranks #27 out of 63. If you want live classes and a clear path from basics to advanced topics, FOREX.com is the more complete choice, while HYCM covers core beginner needs without as much ongoing or higher-level content.

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 #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 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
Trading Fees 4.5/5 Stars 4.5/5 Stars
Trading Platforms 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.

More Comparisons

FOREX.com vs Saxo FOREX.com vs Interactive Brokers FOREX.com vs City Index FOREX.com vs Tickmill FOREX.com vs Swissquote FOREX.com vs Pepperstone HYCM (Henyep Capital Markets) vs Exness HYCM (Henyep Capital Markets) vs FP Markets HYCM (Henyep Capital Markets) vs Capital.com HYCM (Henyep Capital Markets) vs Questrade HYCM (Henyep Capital Markets) vs AvaTrade HYCM (Henyep Capital Markets) vs ActivTrades

Show all



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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB

Compare

0 of 5
× FOREX.com
× HYCM (Henyep Capital Markets)
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating FOREX.com HYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Trading Platforms 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 1 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 (FSA 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 Yes Yes
Global Stocks (Non-U.S. Shares) info Yes 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 1.00 info 1.3 info
All-in Cost EUR/USD - Active info 1.13 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 90 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 90 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
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Trading Platforms 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
arrow_upward

close
navigate_before navigate_next