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FXCM vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FXCM 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.

FXCM
4.5/5 Stars Overall
  • Minimum Deposit: Starts from $50
  • Trust Score: 95
  • Tradeable Symbols (Total): 440
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

FXCM, established in 1999, and HYCM, founded in 1977, are both well-known online brokers. FXCM stands out with a Trust Score of 95 from ForexBrokers.com, placing it in the highly trusted category. It also has the advantage of being publicly traded, highlighting its transparency and commitment. In terms of regulatory oversight, FXCM boasts four Tier-1 licenses and two Tier-2 licenses, indicating a strong regulatory backing that underscores its reliability in the trading industry.

HYCM, while older with its founding year in 1977, holds a Trust Score of 86, categorizing it as trusted by ForexBrokers.com. Unlike FXCM, HYCM is not publicly traded, which may affect its perceived transparency to some investors. Regulatory-wise, HYCM is supported by two Tier-1 and one Tier-2 licenses, showcasing a firm yet slightly less comprehensive regulatory framework compared to FXCM. Both brokers are not banks, which aligns them as dedicated online trading platforms.

Feature FXCM logoFXCM
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 4 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1

Fees

Comparing commissions and fees, HYCM (Henyep Capital Markets) generally comes in cheaper for EUR/USD than FXCM. HYCM earns 4.5 stars and ranks #16 out of 63 brokers for Commissions and Fees at ForexBrokers.com, while FXCM earns 4 stars and ranks #25. Both offer multiple account types, but their “all-in” costs differ depending on spreads, commissions, and any available discounts.

FXCM’s forex pricing is slightly above the industry average. In May 2024, time-weighted average spreads on EUR/USD were 0.78 pips for its EU, U.K., and Australia entities, and 1.38 pips under its St. Vincent and the Grenadines entity. Its commission-based accounts averaged 0.28 pips before commissions; after adding the commission equivalent, the effective EUR/USD cost was about 0.74 pips. FXCM also runs an Active Trader Rebate Program (not available in the U.K. or EU) with five tiers that pay $5–$25 per million traded for clients doing at least $10 million in monthly volume. As a separate U.K. example, a $25,000 balance and $50 million in monthly volume can reduce commissions to $2.50 per side ($5 round-turn), for an effective EUR/USD cost around 0.78 pips based on a 0.28-pip core price. Note: spreads can widen during rollover and in volatile markets.

HYCM offers three clear choices: the Raw account with an all-in EUR/USD cost around 0.6 pips after commission, the Classic account with a variable spread from 1.2 pips, and a fixed-spread account at 1.5 pips. In practice, HYCM’s Raw account undercuts FXCM’s typical effective costs, while FXCM’s volume-based rebates can narrow the gap for high-frequency traders where available.

Feature FXCM logoFXCM
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info Starts from $50 $20
Average spread (EUR/USD) - Standard account info 0.9 info 1.3 info
All-in Cost EUR/USD - Active info 0.8 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

Comparing the range of investments, HYCM (Henyep Capital Markets) lists 1,199 tradeable symbols versus 440 at FXCM. HYCM also offers 70 forex pairs compared with 46 at FXCM. Both brokers support forex trading via CFDs and spot contracts, and both provide cryptocurrency trading through CFDs (neither offers direct, delivered crypto purchases).

For exchange-traded securities, HYCM allows clients to buy shares on both U.S. and international exchanges, while FXCM does not offer exchange-traded stocks. FXCM does include copy trading, whereas HYCM does not. Based on ForexBrokers.com’s Range of Investments ratings, HYCM scores 4 stars and ranks #34 of 63 brokers; FXCM scores 3.5 stars and ranks #48. If you want broader market access including actual shares, HYCM is the stronger pick; if copy trading matters more, FXCM may suit your needs.

Feature FXCM logoFXCM
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 1199
Forex Pairs (Total) info 46 info 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes 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

FXCM vs HYCM: both brokers offer free demo (paper) trading, their own proprietary platforms, and access via Windows desktop downloads and web-based platforms. Each supports MetaTrader 4 (MT4) and lets you place trades directly from charts. Key differences: FXCM includes copy trading while HYCM does not, and HYCM supports MetaTrader 5 (MT5) while FXCM does not. Specific counts for built-in technical indicators and watchlist columns were not provided.

For Trading Platforms and Tools, FXCM earns 5 out of 5 stars and ranks #6 out of 63 brokers on ForexBrokers.com, while HYCM scores 4 out of 5 stars and ranks #41. In short, choose FXCM if copy trading and a higher-rated toolkit matter most, and consider HYCM if MT5 access is a priority.

Feature FXCM logoFXCM
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 Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

FXCM and HYCM both offer mobile trading apps for iPhone and Android, with helpful features like price alerts, trendline drawing, and auto-saving chart annotations. A key difference is watchlist syncing: FXCM syncs your watchlists between the mobile app and your online account, while HYCM does not, which can matter if you switch devices or trade on desktop and phone.

For charting, FXCM includes 59 technical studies compared with HYCM’s 30, giving FXCM more depth for technical analysis on stock and forex charts. That advantage is reflected in independent ratings: FXCM earns 4.5 out of 5 stars and ranks 16th out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while HYCM holds 4 stars and ranks 38th. If you want richer mobile chart tools and synced watchlists, FXCM is the stronger pick; if you prefer a simpler setup, HYCM still covers the essentials.

Feature FXCM logoFXCM
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 59 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

FXCM and HYCM (Henyep Capital Markets) both cover the basics of market research well: each provides daily market commentary, an economic calendar, and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Both brokers also offer Trading Central tools for technical analysis. Neither broker uses Autochartist or Acuity Trading tools.

FXCM stands out with extras that HYCM lacks, including a sentiment tool showing long/short positioning and research from TipRanks. That edge is reflected in independent scores: FXCM earns 4.5 stars for research and ranks #11 out of 63 brokers, while HYCM holds 3.5 stars and ranks #36. If you want sentiment data and added third‑party insight, FXCM is the stronger choice; if you just need commentary, news, and an economic calendar, HYCM covers the essentials.

Feature FXCM logoFXCM
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 Yes No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing FXCM and HYCM (Henyep Capital Markets) for beginner forex and CFD education: both brokers offer at least 10 beginner-focused videos that explain core trading topics in plain language. FXCM goes further with live client webinars at least once a month and a library of 10+ advanced videos for when you’re ready to level up. HYCM does not run regular educational webinars and does not meet the 10-video mark for advanced topics, so its content leans more toward getting started rather than growing into advanced strategies.

Independent ratings reflect this gap. FXCM earns 4.5 out of 5 stars for Education and ranks #14 out of 63 brokers on ForexBrokers.com. HYCM scores 3.5 out of 5 stars and ranks #32 out of 63. If education is a key factor, FXCM is the stronger choice, while HYCM covers the essentials with beginner videos.

Feature FXCM logoFXCM
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 FXCM is better than HYCM (Henyep Capital Markets). FXCM finished with an overall rank of #15, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.

For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.

Feature FXCM logoFXCM
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 95 86
Range of Investments 3.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with FXCM or HYCM (Henyep Capital Markets)?

FXCM and HYCM (Henyep Capital Markets) do not allow buying actual delivered cryptocurrencies, but both brokers do offer cryptocurrency CFD trading.

What funding options does each broker offer?

FXCM vs HYCM: FXCM supports ACH/SEPA transfers, PayPal, Skrill, and bank wire deposits and withdrawals, whereas HYCM (Henyep Capital Markets) supports Skrill and bank wires but not ACH/SEPA or PayPal.

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Overall Rating FXCM HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Range of Investments 3.5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 95 86
Winner check_circle
Review FXCM Review HYCM (Henyep Capital Markets) Review
Broker Screenshots FXCM HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
FXCM mobile app watchlist. FXCM web platform. FXCM research web articles market analysis. FXCM education articles
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation FXCM HYCM (Henyep Capital Markets)
Trust Score info 95 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 4 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 1
Tier-1 Licenses (Highly Trusted) FXCM 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 No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No 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) FXCM HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments FXCM HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 440 1199
Forex Pairs (Total) info 46 info 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes 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 FXCM HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 0.9 info 1.3 info
All-in Cost EUR/USD - Active info 0.8 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding FXCM HYCM (Henyep Capital Markets)
Minimum Deposit info Starts from $50 $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 FXCM 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 Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools FXCM HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FXCM 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 59 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research FXCM 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 Yes No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education FXCM 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 FXCM 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 FXCM Review HYCM (Henyep Capital Markets) Review
Overall FXCM HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Range of Investments 3.5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 95 86
Winner check_circle
Review FXCM Review HYCM (Henyep Capital Markets) Review
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