Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs HFM, 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.
When comparing HYCM (Henyep Capital Markets) and HFM, both brokers offer solid trust credentials, each having been awarded a Trust Score of 86 by ForexBrokers.com, denoting a 'trusted' status. Established in 1977, HYCM brings a wealth of experience to the table, while HFM, founded in 2010, has rapidly gained a foothold in the online trading sector. Neither broker is publicly traded nor operates as a bank, which indicates their focus is solely on brokerage services rather than broader financial operations.
In terms of regulatory licenses, both HYCM and HFM hold two Tier-1 licenses, which are highly regarded in the industry for upholding stringent standards. However, HFM edges slightly ahead with three Tier-2 licenses compared to HYCM's one, suggesting a broader compliance approach. This gives potential clients confidence as they evaluate the safety and reliability of these platforms in the world of online trading.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| Year Founded | 1977 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, HYCM (Henyep Capital Markets) generally comes out cheaper for EUR/USD. Its Raw account has an all-in cost of about 0.6 pips after commission, edging HFM’s Zero account, which is about 0.7 pips after commission. For ratings, HYCM scores 4.5 out of 5 stars and ranks #16 out of 63 brokers for Commissions and Fees at ForexBrokers.com, while HFM earns 4 out of 5 stars and ranks #32 out of 63.
HYCM’s pricing options are straightforward: the Raw account targets about 0.6 pips all-in on EUR/USD after commission, the Classic account uses variable spreads starting from 1.2 pips, and the fixed-spread account lists a 1.5-pip spread. Traders who prioritize lower costs will likely find the Raw account the most appealing.
HFM’s trading costs are slightly above the industry average. The company cites a typical spread of 1.2 pips on its standard accounts, but without a date range, the true average could be higher. Its Zero account posts an effective spread of about 0.7 pips after commission, though this figure is also not an average.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average spread (EUR/USD) - Standard account | 1.2 | 1.2 |
| All-in Cost EUR/USD - Active | 0.6 | 0.7 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) and HFM both support forex trading as CFDs or spot contracts and offer cryptocurrency CFDs, though neither lets you buy actual crypto. HYCM lists 1,199 tradeable symbols compared with HFM’s 500. For forex pairs, HFM has the edge with 102 versus HYCM’s 70. A key difference is stock access: HYCM lets you buy exchange‑traded shares on U.S. and international exchanges (not CFDs), while HFM does not offer real share dealing.
HFM includes copy trading, whereas HYCM does not. If you want more total instruments and the ability to buy real stocks, HYCM could fit better; if your focus is a wider choice of forex pairs and copy trading, HFM may appeal. Both earn 4 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings out of 63 brokers, HYCM places #34 and HFM ranks #37.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 500 |
| Forex Pairs (Total) | 70 | 102 |
| 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 HFM both check the key boxes for trading platforms and tools. Each offers a free demo account for practice, a proprietary platform, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade from charts, and both provide a Windows desktop download as well as a web-based platform. With MT4/MT5 in the mix, you get familiar charting, technical indicators, custom watchlists, and one‑click order entry.
The main platform difference is copy trading: HFM supports it, while HYCM does not. In independent reviews of trading platforms and tools, both earn 4 out of 5 stars. HYCM ranks slightly higher at #41 out of 63 brokers, while HFM sits at #43. If copy trading matters to you, HFM has the edge; if not, both brokers deliver similar platform coverage for day‑to‑day trading.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| 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 | 15 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) vs HFM: for mobile trading apps, both brokers check the same boxes. You get iPhone and Android apps, price alerts, and 30 technical studies for charting. Each app lets you draw trendlines and automatically saves your drawings. The main limitation is the same for both: watchlists don’t sync between the mobile app and the web platform, so changes you make in one place won’t appear in the other.
In terms of ratings and industry placement, HYCM and HFM each earn 4 out of 5 stars for mobile. According to ForexBrokers.com’s Mobile Trading Apps category, HYCM ranks #38 out of 63 brokers, while HFM sits at #40. With features nearly identical, HYCM gets a slight edge in the rankings, but most traders will find the mobile experience comparable on both apps.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| 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.
HYCM (Henyep Capital Markets) and HFM both deliver daily market commentary, real-time forex news from top-tier sources like Bloomberg and Reuters, and an economic calendar to track key events. The biggest differences are in their research tools: HFM includes Autochartist and a sentiment tool that shows the ratio of long and short positions, which can help spot setups and gauge crowd behavior. HYCM counters with research from Trading Central, offering chart-based insights and trade ideas. Neither broker provides TipRanks or Acuity Trading tools.
For overall research, HFM earns 4 out of 5 stars and ranks #20 out of 63 brokers on ForexBrokers.com, while HYCM scores 3.5 out of 5 stars and ranks #36. Choose HFM if you want Autochartist and sentiment data alongside daily news and commentary. Pick HYCM if Trading Central’s analytics appeal to you, while still getting quality news coverage and a helpful economic calendar.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
HYCM (Henyep Capital Markets) and HFM both provide forex and CFD education for beginners, including at least 10 beginner-focused trading videos. HFM goes further for learners who want live teaching and a clear path to more advanced topics: it hosts monthly client webinars and offers 10+ advanced videos. HYCM does not run monthly webinars and lacks a large library of advanced videos, but its beginner videos cover the basics well for self-paced study.
In our education comparison, HFM earns a 4/5 education rating, while HYCM scores 3.5/5. That said, ForexBrokers.com ranks HYCM #32 out of 63 brokers for Education and HFM at #37. If you value live webinars and room to grow into advanced material, HFM is the better fit. If you mainly want straightforward beginner videos without live sessions, HYCM can also meet your needs.
| Feature |
HYCM (Henyep Capital Markets)
|
HFM
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
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 HFM. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while HFM finished with an overall rank of #30.
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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HFM
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 86 |
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HYCM (Henyep Capital Markets) vs HFM: neither broker allows purchasing actual delivered cryptocurrencies, but both provide cryptocurrency CFD trading.
HYCM (Henyep Capital Markets) vs HFM: for deposit and withdrawal methods, neither supports ACH/SEPA or PayPal, both support Skrill and bank wire transfers, and Visa/Mastercard availability 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) | HFM | |
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| Trust Score | 86 | 86 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | HFM Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | HFM | |
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| Regulation | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| Trust Score | 86 | 86 | |
| Year Founded | 1977 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| 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 | Yes | |
| 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) | HFM | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 500 | |
| Forex Pairs (Total) | 70 | 102 | |
| 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) | HFM | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.7 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| 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) | HFM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| 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) | HFM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | HFM | |
|---|---|---|---|
| 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 | HFM Review |
| Overall | HYCM (Henyep Capital Markets) | HFM | |
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| Trust Score | 86 | 86 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | HFM Review |
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