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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 info 0.9 info 1.2 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 FXCM vs. HYCM for range of investments: both let you trade forex, but HYCM lists far more instruments overall (1,199 tradable symbols vs. FXCM’s 440) and more currency pairs (70 vs. 46). HYCM also lets clients buy exchange‑traded stocks on both U.S. and international exchanges, while FXCM does not.

On features, FXCM offers copy trading, whereas HYCM does not. Neither broker supports buying actual cryptocurrency, but both offer crypto derivatives. For range of investments, ForexBrokers.com rates FXCM 3.5/5 (ranked 48 of 63) and HYCM 4/5 (ranked 34 of 63). HYCM is the better choice if you want a wider selection of markets, while FXCM suits traders who want copy trading within a smaller catalog.

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 and HYCM (Henyep Capital Markets) both check key boxes for traders: each offers a free demo account for paper trading, an in-house proprietary platform, a Windows desktop download, and a web-based platform. Both also let you place orders directly from charts. Platform support differs, though: FXCM offers MetaTrader 4 (MT4) but not MetaTrader 5 (MT5), while HYCM supports both MT4 and MT5. FXCM provides copy trading, whereas HYCM does not. Details for DupliTrade, ZuluTrade, the number of built-in technical indicators, drawing tools, and watch list columns were not specified.

For Trading Platforms and Tools, ForexBrokers.com rates FXCM 5 out of 5 stars and ranks it #6 out of 63 brokers. HYCM earns 4 out of 5 stars with a #41 ranking. In short, FXCM will appeal if you want higher-rated platform tools and copy trading, while HYCM may suit those who need MT5 alongside MT4.

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 (Henyep Capital Markets) both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, plus chart drawing with trendlines, and your chart annotations auto-save. One standout difference is watchlists: FXCM syncs watchlist symbols between the mobile app and your online account, while HYCM does not.

Charting tools tilt in FXCM’s favor, with 59 technical studies in its mobile app versus HYCM’s 30. That edge aligns with third-party reviews: FXCM is rated 4.5 out of 5 stars and ranks #16 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while HYCM holds 4 stars and ranks #38. If you want more indicators and synced watchlists, FXCM is the better fit; if you just need alerts and basic drawing tools on iPhone or Android, HYCM 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
Mobile Watchlist [DELETED] info

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

FXCM vs HYCM for beginner education: FXCM runs online client webinars at least once a month, but HYCM does not. Both brokers offer at least 10 beginner-friendly videos to help new traders learn the basics of forex and CFDs. FXCM also provides 10+ advanced videos for more experienced learners, while HYCM does not. It isn’t specified whether either broker has a searchable archive of past webinars, an investor dictionary with 50+ terms, or a confirmed library of 10+ total forex/CFD educational pieces across formats.

On overall education, FXCM earns 4.5/5 stars and ranks #14 out of 63 brokers at ForexBrokers.com, while HYCM scores 3.5/5 and ranks #32. In practice, beginners will likely find FXCM better for guided learning thanks to regular webinars and more advanced video content, whereas HYCM covers core topics with beginner videos but lacks ongoing live sessions and higher-level depth.

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)?

While both FXCM and HYCM do not provide the option to purchase actual (delivered) cryptocurrency, they each offer the ability to trade cryptocurrency derivatives, catering to traders interested in this financial product.

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 (SFC 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 info 0.9 info 1.2 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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