Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs GBE brokers, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
Founded in 1977, HYCM (Henyep Capital Markets) has established itself as a trusted online broker, boasting a Trust Score of 86 according to ForexBrokers.com. It holds two Tier-1 licenses, making it highly reliable, and one Tier-2 license, which further supports its credibility. HYCM is not publicly traded nor a bank, but its long-standing presence in the industry and robust regulatory backing offer traders a secure environment.
On the other hand, GBE brokers, founded in 2013, holds a Trust Score of 71, classified as average risk. It possesses one Tier-1 license but lacks Tier-2 licenses, which reflects its regulatory standing in comparison. Like HYCM, GBE brokers is neither publicly traded nor a bank. For traders prioritizing security and regulatory assurance, HYCM might be a preferable choice due to its higher trust rating and additional regulatory licenses.
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| Year Founded | 1977 | 2013 |
| 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 | 1 |
HYCM (Henyep Capital Markets) offers tiered pricing: its Raw account delivers about 0.6 pips all-in on EUR/USD (including commission), the Classic account uses variable spreads starting from 1.2 pips, and the fixed-spread account is set at 1.5 pips. For commissions and fees, HYCM is rated 4.5 out of 5 stars and ranks #16 out of 63 brokers at ForexBrokers.com.
GBE brokers does not publish average spread data, which makes direct price comparisons harder. Its commissions and fees rating is 4 out of 5 stars, with a #38 ranking out of 63 brokers at ForexBrokers.com.
In short, HYCM provides clearer pricing with multiple account types and notably low all-in costs on EUR/USD via its Raw account, while GBE brokers offers fewer details on typical spreads. Based on independent ratings and rankings: HYCM 4.5/5 (#16/63) vs. GBE brokers 4/5 (#38/63).
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $20 | $1000 |
| Average spread (EUR/USD) - Standard account | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) and GBE brokers both support forex trading as CFDs or spot contracts. HYCM lists 1,199 tradeable symbols and 70 forex pairs, while GBE brokers offers 500 symbols and 71 forex pairs. Only HYCM provides access to exchange-traded shares, letting clients buy U.S. stocks like Apple and international listings such as Vodafone; GBE brokers does not offer share dealing. Both brokers let you trade cryptocurrency via CFDs, but neither lets you buy actual crypto. HYCM lacks copy trading, whereas GBE brokers includes it. For Range of Investments, HYCM is rated 4 stars and ranked 34th out of 63 brokers at ForexBrokers.com; GBE brokers is rated 3.5 stars and ranked 45th.
Pick HYCM if you want a larger overall instrument list and the ability to buy real shares alongside CFDs. Choose GBE brokers if copy trading matters to you and you prefer a slightly higher count of forex pairs, and you don’t need share dealing. Both are suitable for forex traders and those seeking crypto exposure through CFDs.
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 500 |
| Forex Pairs (Total) | 70 | 71 |
| 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 GBE brokers both let you practice with a free demo (paper) account and offer Windows desktop and web-based trading platforms. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with the ability to place trades directly from charts. The key platform difference: HYCM also provides a proprietary, in-house platform, while GBE brokers does not. For social features, GBE brokers supports copy trading; HYCM does not.
For trading platforms and tools, both earn 4 out of 5 stars from ForexBrokers.com, yet HYCM is ranked higher (#41 of 63) than GBE brokers (#58 of 63). In short, choose HYCM if you want MT4/MT5 plus an additional proprietary platform option; pick GBE brokers if copy trading matters. Either way, you can start risk-free with a demo and trade on both desktop and your browser.
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| 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 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and GBE brokers both offer mobile trading on iPhone and Android. You can set price alerts for forex and stocks, use charts with 30 built-in technical indicators, draw trendlines, and have your drawings auto-saved. A key limitation for both is watchlists: symbols you add in the mobile app won’t sync with your online account. Each app holds a 4 out of 5 star rating for mobile trading.
Where they differ is in third-party rankings. ForexBrokers.com places HYCM at #38 out of 63 brokers for Mobile Trading Apps, while GBE brokers ranks #58. If you want similar features with a slightly stronger standing in outside reviews, HYCM may have the edge; otherwise, both apps cover the essentials for charting, alerts, and trading on the go.
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research, both HYCM (Henyep Capital Markets) and GBE brokers provide daily market commentary and an economic calendar. HYCM stands out by adding forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus Trading Central tools for technical and fundamental insights. Neither broker offers Autochartist. HYCM does not include TipRanks or Acuity Trading tools, and for GBE brokers these integrations are not specified. GBE brokers, however, does include a sentiment tool that shows the share of long vs. short positions—useful for gauging crowd behavior.
On performance, HYCM earns 3.5 out of 5 stars for Research and ranks #36 of 63 brokers on ForexBrokers.com, while GBE brokers scores 3 stars and ranks #63. In short, choose HYCM if you want premium news coverage and Trading Central analysis, or go with GBE brokers if a sentiment gauge plus basic commentary and calendar meet your needs.
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner education, HYCM (Henyep Capital Markets) pulls ahead by offering at least 10 beginner-focused trading videos that walk through forex and CFD basics in easy-to-follow steps. GBE Brokers does not meet that threshold for beginner videos. Both brokers lack monthly educational webinars, and neither provides 10 or more advanced videos. In independent reviews, HYCM earns 3.5 out of 5 stars for Education and ranks #32 with ForexBrokers.com, while GBE Brokers scores 3 out of 5 and ranks #64.
If you prefer a video-led start, HYCM is the more beginner-friendly choice. If you only need a smaller set of materials and don’t rely on webinars, GBE Brokers can still work, but its slimmer video lineup may slow early progress. Overall, HYCM’s higher rating and broader beginner video coverage make it a better fit for first-time forex and CFD learners.
| Feature |
HYCM (Henyep Capital Markets)
|
GBE brokers
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
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 GBE brokers. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while GBE brokers finished with an overall rank of #57.
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). That said, HYCM offers a narrow range of symbols to forex and CFD traders.
| Feature |
HYCM (Henyep Capital Markets)
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GBE brokers
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| Trust Score | 86 | 71 |
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Comparing online brokers, HYCM (Henyep Capital Markets) and GBE brokers do not support buying actual, delivered cryptocurrency, but both allow trading cryptocurrency via CFDs.
Comparing online brokers, HYCM (Henyep Capital Markets) supports deposits and withdrawals via Skrill and bank wire but not ACH/SEPA or PayPal, while GBE brokers offers ACH/SEPA transfers and its support for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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) | GBE brokers | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | GBE brokers | |
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| Regulation | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 1977 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| 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 | Yes |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 500 | |
| Forex Pairs (Total) | 70 | 71 | |
| 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) | GBE brokers | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $20 | $1000 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| 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 | No |
| Trading Tools | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | HYCM (Henyep Capital Markets) | GBE brokers | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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