Is FxPro better than HYCM (Henyep Markets)? After testing 30 of the best forex brokers over five months, FxPro is better than HYCM (Henyep Markets). FxPro competes among the top MetaTrader brokers, offering the full suite of MT4 and MT5 platforms with multiple accounts and execution methods. The primary drawback to an otherwise balanced offering is pricing that is higher than the industry average.
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FxPro vs HYCM (Henyep Markets) 2020
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | FxPro | HYCM (Henyep Markets) |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 89 | 84 |
| 80.59% of retail CFD accounts lose money | 71% of retail CFD accounts lose money | |
| FxPro Review | HYCM (Henyep Markets) Review | |
| Winner | check_circle |
Regulation
| Feature | FxPro | HYCM (Henyep Markets) |
| Trust Score | 89 | 84 |
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Year Founded |
2006 | 1977 |
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Publicly Traded (Listed) |
No | No |
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Bank |
No | No |
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Tier-1 Licenses |
1 | 2 |
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Tier-2 Licenses |
2 | 2 |
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Tier-3 Licenses |
1 | 1 |
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Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses
| Feature | FxPro | HYCM (Henyep Markets) |
|
ASIC Authorised (Australia) |
No | No |
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IIROC Authorised (Canada) |
No | No |
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SFC Authorised (Hong Kong) |
No | Yes |
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FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
No | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
Yes | Yes |
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CFTC Registered (USA) |
No | No |
Investments
| Feature | FxPro | HYCM (Henyep Markets) |
|
Forex: Spot Trading |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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Currency Pairs (Total Forex pairs) |
69 | 69 |
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CFDs - Total Offered |
187 | 278 |
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Cryptocurrency traded as actual |
No | No |
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Cryptocurrency traded as CFD |
Yes | Yes |
Cost
| Feature | FxPro | HYCM (Henyep Markets) |
|
Average Spread EUR/USD - Standard |
1.51 (August 2020) | 2 |
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All-in Cost EUR/USD - Active |
1.27 (August 2020) | 1.1 |
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Active Trader or VIP Discounts |
Yes | Yes |
Funding
| Feature | FxPro | HYCM (Henyep Markets) |
|
Minimum Initial Deposit |
$100.00 | $100 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | No |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | FxPro | HYCM (Henyep Markets) |
|
Proprietary Platform |
Yes | No |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
|
MetaTrader 5 (MT5) |
Yes | Yes |
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cTrader |
Yes | No |
Trading Tools
| Feature | FxPro | HYCM (Henyep Markets) |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | No |
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Watchlists - Total Fields |
19 | (default MT4) |
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Charting - Indicators / Studies (Total) |
64 | (default MT4) |
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Charting - Drawing Tools (Total) |
26 | (default MT4) |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Order Type - Trailing Stop |
Yes | Yes |
Mobile Trading
| Feature | FxPro | HYCM (Henyep Markets) |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Trading - Forex |
Yes | Yes |
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Trading - CFDs |
Yes | Yes |
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Alerts - Basic Fields |
Yes | No |
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Watch List |
Yes | No |
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Watch List Syncing |
Yes | No |
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Charting - Indicators / Studies |
62 | (default MT4) |
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Charting - Draw Trendlines |
Yes | No |
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Charting - Trendlines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
No | No |
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Forex Calendar |
Yes | No |
Research
| Feature | FxPro | HYCM (Henyep Markets) |
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Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
No | Yes |
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AutoChartist |
No | No |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | No |
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Economic Calendar |
Yes | Yes |
Education
| Feature | FxPro | HYCM (Henyep Markets) |
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Has Education - Forex |
Yes | No |
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Has Education - CFDs |
No | No |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | No |
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Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | FxPro | HYCM (Henyep Markets) |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | FxPro | HYCM (Henyep Markets) |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 89 | 84 |
| FxPro Review | HYCM (Henyep Markets) Review | |
| Winner | check_circle |
Comparing forex brokers side by side is no easy task. For our 2020 annual forex broker review, we spent hundreds of hours assessing 30 forex and CFD brokerages to find the best forex broker. Let's compare FxPro vs HYCM (Henyep Markets).
Does FxPro or HYCM (Henyep Markets) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FxPro offers better pricing overall for traders.
Is FxPro or HYCM (Henyep Markets) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. HYCM (Henyep Markets) holds 2 global Tier-1 licenses, while FxPro holds 1. Both FxPro and HYCM (Henyep Markets) hold 2 global Tier-2 licenses. All regulators considered, FxPro has a Trust Score of 89.00, while HYCM (Henyep Markets)'s Trust Score is 84.00.
Which trading platform is better: FxPro or HYCM (Henyep Markets)?
To compare the trading platforms of both FxPro and HYCM (Henyep Markets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, FxPro offers a better experience. With research, HYCM (Henyep Markets) offers superior market research. Finally, we found FxPro to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. FxPro and HYCM (Henyep Markets) both offer copy trading. Both FxPro and HYCM (Henyep Markets) offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
FxPro and HYCM (Henyep Markets) offer traders the same number of currency pairs, 69. Forex pairs aside, HYCM (Henyep Markets) offers traders access to 278 CFDs while FxPro has 187 available CFDs, a difference of 91.
Overall, between FxPro and HYCM (Henyep Markets), FxPro is the better forex broker.
FxPro ReviewHYCM (Henyep Markets) Review
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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
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