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HYCM (Henyep) vs Vantage 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is HYCM (Henyep) better than Vantage? In our analysis of 23 international regulators across 62 of the best forex brokers, HYCM is considered average-risk, with an overall Trust Score of 86 out of 99. Vantage is considered average-risk, with an overall Trust Score of 83 out of 99. Learn more about Trust Score.

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Overall RatingHYCM (Henyep)Vantage
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score 86 83
Winner check_circle
Review HYCM (Henyep) Review Vantage Review
RegulationHYCM (Henyep)Vantage
Trust Score 86 83
Year Founded 1977 2009
Publicly Traded (Listed) No No
Bank No No
Authorised in European Union Yes info Yes info
Tier-1 Licenses 2 2
Tier-2 Licenses 2 0
Tier-3 Licenses 1 2
Tier-1 Licenses (High Trust)HYCM (Henyep)Vantage
ASIC Authorised (Australia) No Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) Yes No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) Yes Yes
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No No
Tier-2 Licenses (Average Trust)HYCM (Henyep)Vantage
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes No
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) No No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) Yes No
Tier-3 Licenses (Low Trust)HYCM (Henyep)Vantage
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) Yes Yes
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) No No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No Yes
InvestmentsHYCM (Henyep)Vantage
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 362 1000
Forex Pairs (Total) 70 44
U.S. Stock Trading (Non CFD) No No
Int'l Stock Trading (Non CFD) Yes No
Social Trading / Copy Trading No Yes
Cryptocurrency (Physical) No No
Cryptocurrency (CFD) 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).
CostHYCM (Henyep)Vantage
Average Spread EUR/USD - Standard 0.6 info 1.22 info
All-in Cost EUR/USD - Active 0.6 info 0.75 info
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker Yes Yes
Execution: Market Maker Yes Yes
FundingHYCM (Henyep)Vantage
Minimum Deposit $100 $50
PayPal (Deposit/Withdraw) No No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsHYCM (Henyep)Vantage
Proprietary Platform Yes Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy Trading No Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
cTrader No No
DupliTrade No Yes
ZuluTrade No Yes
Trading ToolsHYCM (Henyep)Vantage
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 7 7
Charting - Indicators / Studies (Total) 30 30
Charting - Drawing Tools (Total) 15 15
Charting - Trade From Chart Yes Yes
Charts can be saved Yes Yes
Mobile TradingHYCM (Henyep)Vantage
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing No No
Mobile Charting - Indicators / Studies 30 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave Yes Yes
Forex Calendar Yes Yes
ResearchHYCM (Henyep)Vantage
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Autochartist No No
Trading Central (Recognia) Yes Yes
Social Sentiment - Currency Pairs No Yes
Economic Calendar Yes Yes
EducationHYCM (Henyep)Vantage
Has Education - Forex or CFDs No Yes
Client Webinars Yes Yes
Client Webinars (Archived) Yes No
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos No No
Investor Dictionary (Glossary) Yes Yes
Major Forex PairsHYCM (Henyep)Vantage
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Review HYCM (Henyep) Review Vantage Review
OverallHYCM (Henyep)Vantage
Overall Rating 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4.5/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score 86 83
Winner check_circle
Review HYCM (Henyep) Review Vantage Review
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HYCM (Henyep) vs Vantage Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare HYCM (Henyep) vs Vantage.

Does HYCM (Henyep) or Vantage 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, Vantage offers better pricing overall for traders.

Is HYCM (Henyep) or Vantage safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both HYCM (Henyep) and Vantage hold 2 global Tier-1 licenses. HYCM (Henyep) holds 2 global Tier-2 licenses, while Vantage holds 0. In our analysis of 23 international regulators across 50 brokers, HYCM (Henyep) earned a higher Trust Score than Vantage.

Which trading platform is better: HYCM (Henyep) or Vantage?

To compare the trading platforms of both HYCM (Henyep) and Vantage, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Vantage offers a better experience. With research, Vantage offers superior market research. Finally, we found Vantage 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. Both HYCM (Henyep) and Vantage offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

HYCM (Henyep) provides traders 70 currency pairs (e.g., EUR/USD) compared to Vantage's 44 available pairs. Forex pairs aside, Vantage offers traders access to 1000 CFDs while HYCM (Henyep) has 362 available CFDs, a difference of 638.

Can I trust HYCM (Henyep)?

HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).

Can I trust Vantage?

Vantage is not publicly traded and does not operate a bank. Vantage is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and two tier-3 regulator (low trust). Vantage is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Is HYCM (Henyep) good?

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.

Is Vantage good?

Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.

Overall winner: HYCM (Henyep)

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