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FXCM vs HYCM (Henyep Capital Markets) 2026

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: 85
  • 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 and HYCM (Henyep Capital Markets) are long-standing online brokers, founded in 1999 and 1977 respectively. FXCM is publicly traded, while HYCM is private; neither broker is a bank. Both aim to offer regulated trading access, but their corporate setups differ, which may matter if you value public-company reporting and transparency.

According to ForexBrokers.com, FXCM earns a Trust Score of 95/99 (highly trusted, 90–99), supported by 4 Tier-1 and 2 Tier-2 licenses. HYCM scores 85/99 (trusted, 80–89), with 2 Tier-1 and 1 Tier-2 licenses. In plain terms, FXCM holds more top-tier regulatory approvals and a higher trust rating, while HYCM still sits in the trusted category.

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 trading costs, both FXCM and HYCM earn 4.5 out of 5 stars for commissions and fees. In ForexBrokers.com’s rankings, FXCM is #17 of 63 brokers, while HYCM is #18 of 63. Based on EUR/USD, HYCM’s Raw account averages about 0.6 pips all-in after commission, which is generally cheaper than FXCM’s commission-based estimate of about 0.74 pips. FXCM’s standard pricing tends to be slightly higher than the industry average, while HYCM’s Classic and fixed-spread accounts are pricier than its Raw option.

FXCM’s standard account spreads on EUR/USD averaged 0.78 pips across its EU, U.K., and Australia entities in May 2024, and about 1.38 pips with its St. Vincent and the Grenadines entity. FXCM’s commission-based accounts averaged a 0.28-pip core spread in May 2024, with an estimated all-in cost around 0.74 pips after commission. Spreads can widen during rollover or in unusual market conditions. FXCM’s Active Trader Rebate Program has five tiers with rebates from $5 to $25 per million traded (not available in the U.K. or EU). For U.K. accounts, an active-trader pricing schedule can cut commissions to $2.50 per side ($5 round turn) with a $25,000 balance and $50M monthly volume, which translated to about 0.78 pips effective cost on EUR/USD using January 2024 data.

HYCM’s pricing is straightforward: the Raw account averages about 0.6 pips all-in on EUR/USD after commission, the Classic account has variable spreads starting from 1.2 pips, and the fixed-spread account is set at 1.5 pips. In practice, HYCM’s Raw account tends to edge FXCM’s commission-based costs on EUR/USD, while HYCM’s Classic and fixed options are costlier. As always, actual pricing can vary by region, account type, and market conditions.

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 at FXCM and HYCM (Henyep Capital Markets), both brokers support forex trading with CFD or spot contracts. HYCM offers a wider selection overall, with 1,199 tradeable symbols and 70 forex pairs, while FXCM lists 440 symbols and 46 pairs. For stocks, HYCM provides access to exchange-traded securities on both U.S. and international exchanges, whereas FXCM does not offer exchange-traded shares.

Feature-wise, FXCM includes copy trading, but HYCM does not. Both brokers offer cryptocurrency via CFDs, and neither supports purchasing delivered crypto. In ForexBrokers.com’s Range of Investments ratings, FXCM scores 4.5/5 stars (ranked 21 out of 63), while HYCM earns 4/5 stars (ranked 27 out of 63).

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 both provide free demo accounts for simulated trading. Each broker offers its own proprietary platform along with Windows desktop and web-based options, and both let you place trades directly from charts. MetaTrader 4 is available at both; HYCM also supports MetaTrader 5, while FXCM does not. FXCM includes copy trading, which HYCM does not offer.

For trading platforms and tools, FXCM earns 5 stars and ranks #4 out of 63 brokers with ForexBrokers.com, while HYCM holds 4 stars and ranks #32. Indicator and watchlist column details can vary by platform and were not specified, so your choice may come down to whether you want MT5 access (HYCM) or copy trading plus a higher platforms-and-tools rating (FXCM).

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 iPhone and Android trading apps with price alerts, trendline drawing, and auto-saved chart annotations. The biggest day-to-day difference is watchlists: FXCM syncs your watchlist between the mobile app and your online account so changes carry over automatically, while HYCM does not sync watchlists between devices.

For charting, FXCM provides 59 technical studies versus HYCM’s 30, giving active traders more tools to analyze price action on the go. That added depth shows in the ratings: FXCM earns 4.5 out of 5 stars and ranks 16th out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while HYCM scores 4 stars and ranks 30th. If watchlist syncing and a wider set of indicators matter to you, FXCM has the edge; if you only need core tools on iPhone or Android, HYCM still covers the basics.

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 check the key boxes for market research. Each provides daily market commentary, forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, Trading Central tools, and a global economic calendar. Neither broker currently offers Autochartist or Acuity Trading (Signal Centre) tools.

FXCM stands out by adding a sentiment-based positioning tool and TipRanks research, two extras HYCM does not include. That edge is reflected in third-party ratings: FXCM is rated 4.5 stars for Research and ranks 11th out of 63 brokers, while HYCM holds 3.5 stars and ranks 29th. If you want sentiment data and TipRanks insights alongside daily commentary and trusted news, FXCM is the stronger pick; if you mainly need news, commentary, and Trading Central analysis, both brokers deliver.

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 trading education aimed at beginners: both brokers provide at least 10 beginner-focused videos that explain core forex and CFD topics in plain language. FXCM goes further with at least 10 advanced videos for experienced traders, while HYCM does not meet that advanced video threshold. FXCM also hosts monthly online client webinars, giving learners a chance to ask questions live; HYCM does not offer monthly educational webinars.

These differences show up in third-party ratings. FXCM earns 4.5 out of 5 stars for Education and is ranked 13th out of 63 brokers by ForexBrokers.com. HYCM earns 3.5 out of 5 stars and ranks 27th out of 63. If you want a learning path that includes live webinars and room to progress into advanced topics, FXCM is the stronger fit. If you only need beginner videos to get started, HYCM can cover the basics.

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 #10, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

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 85
Range of Investments 4.5/5 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 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
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 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 85
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 85
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
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 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 85
Winner check_circle
Review FXCM Review HYCM (Henyep Capital Markets) Review
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