Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Fusion Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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HYCM (Henyep Capital Markets), founded in 1977, and Fusion Markets, founded in 2019, are both private online brokers that are not publicly traded and are not banks. When it comes to regulation, HYCM has the stronger profile, with 2 Tier-1 licenses and 1 Tier-2 license, while Fusion Markets holds 1 Tier-1 license and no Tier-2 licenses. Based on ForexBrokers.com’s trust scale, HYCM’s Trust Score of 85 places it in the trusted range, while Fusion Markets’ score of 71 falls into the average risk range.
For traders comparing regulation and trust, HYCM stands out as the more established and closely regulated option. Fusion Markets is newer and still trusted by ForexBrokers.com, but its lower Trust Score and lighter regulatory coverage may matter for those who place extra weight on safety and oversight when choosing an online broker.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Year Founded | 1977 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, HYCM (Henyep Capital Markets) and Fusion Markets both offer low-cost trading options, but Fusion Markets has the edge for price. HYCM’s Raw account is its best-value choice, with an all-in cost of about 0.6 pips on EUR/USD after commission. Its Classic account is pricier, with spreads starting from 1.2 pips, while the fixed-spread account comes in at 1.5 pips. HYCM is rated 4.5 out of 5 stars for commissions and fees and ranks #18 out of 36 brokers.
Fusion Markets keeps pricing simple with two main account types: Zero and Classic. The Zero account uses raw spreads starting at 0.0 pips plus a separate commission, and Fusion estimates the total cost at around 0.5 pips overall. The Classic account has no separate commission, but spreads start at 0.9 pips, making it a better fit for traders who prefer easier-to-understand pricing even if it costs a little more.
Overall, Fusion Markets is the cheaper choice for most active traders, especially on its Zero account, while HYCM still offers competitive pricing through its Raw account. Fusion Markets earns 5.0 out of 5 stars for commissions and fees, though a ForexBrokers.com ranking for this category was not available. If low trading costs matter most, Fusion Markets is the stronger pick; if you want a broker with solid pricing and clear account choices, HYCM is still a good option.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Minimum Deposit | $20 | $0.00 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.91 |
| All-in Cost EUR/USD - Raw spread account | 0.6 | 0.54 |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) offers a wider range of investments than Fusion Markets, with 1,199 tradeable symbols compared with Fusion Markets’ 250. HYCM also lists 70 forex pairs, while Fusion Markets offers 81, so Fusion has a slightly larger forex lineup. Both brokers let you trade forex CFDs and cryptocurrency CFDs, but neither offers actual delivered crypto.
Where HYCM stands out is in share investing: it gives clients access to exchange-traded securities on both U.S. and international exchanges, such as Apple and Vodafone shares, while Fusion Markets does not offer these stocks. Fusion Markets does have copy trading, which HYCM does not. Overall, HYCM is rated 4 out of 5 for range of investments and ranks #28 out of 36 brokers at ForexBrokers.com, while Fusion Markets is rated 3.5 out of 5.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | |
| Tradeable Symbols (Total) | 1199 | 250 |
| Forex Pairs (Total) | 70 | 81 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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.
HYCM (Henyep Capital Markets) and Fusion Markets both give traders a solid set of platform choices, including free demo accounts, Windows desktop downloads, web-based trading, MetaTrader 4, and MetaTrader 5. Each broker also lets users trade directly from charts, which can be helpful for faster order entry. In ForexBrokers.com’s Trading Platforms and Tools category, HYCM is rated 4 out of 5 stars and ranks #33 out of 36 brokers, while Fusion Markets is also rated 4.0 out of 5 stars.
The biggest difference is that HYCM offers its own in-house trading platform, while Fusion Markets does not. On the other hand, Fusion Markets stands out for copy trading, which HYCM does not offer. For traders who want a broker with proprietary software, HYCM has the edge; for those who want copy trading features, Fusion Markets is the better fit. Overall, both brokers provide user-friendly platform access for beginners and active traders alike.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 31 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and Fusion Markets both make it easy to trade on the go, since each offers iPhone and Android apps. On the charting side, both mobile apps let users draw trendlines and automatically save those drawings, which is helpful for following price moves and planning trades. Neither broker offers watchlist symbol syncing, so changes made in the app do not carry over to the online account.
For mobile features, HYCM has an edge because it offers stock and forex price alerts, while Fusion Markets does not. Fusion Markets does offer slightly more technical studies in its app, with 32 compared with HYCM’s 30. Even so, HYCM holds the stronger overall mobile app score, rated 4 out of 5 stars and ranked #31 out of 36 by ForexBrokers.com, while Fusion Markets is rated 3.5 out of 5 stars and does not have a listed ranking in this category.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 32 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, HYCM (Henyep Capital Markets) gives traders a bit more to work with than Fusion Markets. HYCM offers daily market commentary and includes Trading Central tools, which can help with technical analysis and trade ideas. Both brokers provide forex news from well-known sources such as Bloomberg, Reuters, or Dow Jones, and both also offer an economic calendar for tracking key global events. Neither broker includes Autochartist, sentiment tools, TipRanks, or Acuity Trading research.
In terms of ratings, HYCM is scored 3.5 out of 5 stars for Research and is ranked #30 out of 36 brokers by ForexBrokers.com. Fusion Markets earns a slightly higher Research rating of 4.0 out of 5 stars, though a ForexBrokers.com rank was not listed. So while Fusion Markets is rated higher overall, HYCM stands out for offering daily commentary and Trading Central support.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | No | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to beginner education, both HYCM (Henyep Capital Markets) and Fusion Markets give new traders a helpful starting point. Each broker offers at least 10 beginner-focused videos on trading topics, which can make it easier for first-time users to learn the basics. Neither broker runs online educational client webinars on a monthly basis, so learners looking for regular live teaching sessions may need to look elsewhere. HYCM’s education score is 3.5 out of 5 and it is ranked #27 out of 36 brokers for education by ForexBrokers.com.
Fusion Markets has a slight edge for education overall, mainly because it also offers at least 10 advanced educational videos for more experienced traders, while HYCM does not. That gives Fusion Markets a wider range of learning material for users who want to move beyond the basics. Fusion Markets is rated 4.0 out of 5 for education, though a ForexBrokers.com ranking for the education category was not available. For beginners, both brokers are useful, but Fusion Markets appears to offer more learning depth as traders gain experience.
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than Fusion Markets. HYCM (Henyep Capital Markets) finished with an overall rank of #26, while Fusion Markets finished with an overall rank of #N/A.
HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform).
| Feature |
HYCM (Henyep Capital Markets)
|
Fusion Markets
|
|---|---|---|
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| Trust Score | 85 | 71 |
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HYCM (Henyep Capital Markets) and Fusion Markets both do not offer the ability to buy actual delivered cryptocurrency, but each does provide cryptocurrency CFDs for trading.
When comparing HYCM (Henyep Capital Markets) vs Fusion Markets for funding options, Fusion Markets has the edge with ACH/SEPA transfers and PayPal support, while both brokers offer Skrill and bank wire transfers as deposit and withdrawal methods.
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 | HYCM (Henyep Capital Markets) | Fusion Markets | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Fusion Markets Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Fusion Markets | |
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| Regulation | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Trust Score | 85 | 71 | |
| Year Founded | 1977 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | ||
| Tradeable Symbols (Total) | 1199 | 250 | |
| Forex Pairs (Total) | 70 | 81 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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 | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.3 | 0.91 | |
| All-in Cost EUR/USD - Raw spread account | 0.6 | 0.54 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | ||
| Order execution: Market Maker | Yes |
| Funding | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Minimum Deposit | $20 | $0.00 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | No | Yes |
| Trading Platforms | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 31 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 32 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Fusion Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | HYCM (Henyep Capital Markets) Review | Fusion Markets Review |
| Overall | HYCM (Henyep Capital Markets) | Fusion Markets | |
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| Trust Score | 85 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Fusion Markets Review |
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