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HYCM (Henyep Capital Markets) vs IFC Markets 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of HYCM (Henyep Capital Markets) vs IFC Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 85
  • Tradeable Symbols (Total): 1199
IFC Markets
4/5 Stars Overall
  • Minimum Deposit: $1
  • Trust Score: 73
  • Tradeable Symbols (Total): 630

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

HYCM (Henyep Capital Markets), founded in 1977, and IFC Markets, founded in 2006, are both online brokers that are not publicly traded and are not banks. According to ForexBrokers.com, HYCM holds a Trust Score of 85, placing it in the “trusted” range (80–89), while IFC Markets scores 73, which falls into the “average risk” range (70–79).

In terms of regulation, HYCM holds 2 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). IFC Markets holds 1 Tier-1 license and no Tier-2 licenses. This stronger licensing profile helps explain HYCM’s higher Trust Score compared to IFC Markets.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Year Founded info 1977 2006
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 5

Fees

When comparing commissions and fees, HYCM (Henyep Capital Markets) comes out ahead of IFC Markets for most traders. HYCM’s Raw account is the most price-friendly option, with an all-in cost of about 0.6 pips on EUR/USD after commission. Its Classic account starts from 1.2 pips, while the fixed-spread account is set at 1.5 pips. HYCM is rated 4.5 out of 5 stars for commissions and fees and ranks #18 out of 36 brokers by ForexBrokers.com.

IFC Markets is a bit less competitive on standard pricing, with an average EUR/USD spread of 1.44, which is above the industry average of 1.08. That said, active traders may find better value with its ECN account, where the effective spread is about 1.1 pips after the 0.005% commission on both sides of the trade. IFC Markets also does not charge inactivity fees and offers active trader discounts, which can help lower overall costs. It is rated 4 out of 5 stars and ranks #32 out of 36 brokers for commissions and fees.

Overall, HYCM appears to offer better value for traders focused on lower trading costs, especially on its Raw account. IFC Markets can still be appealing for active traders who want ECN pricing and no inactivity fee, but its typical spread pricing is less attractive than HYCM’s best rates.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Minimum Deposit info $20 $1
Average spread (EUR/USD) - Standard account info 1.3 info 1.44 info
All-in Cost EUR/USD - Active info 0.6 info 1.1 info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When it comes to range of investments, HYCM (Henyep Capital Markets) has the broader offering. Both brokers let clients trade forex as CFDs or spot contracts, and both offer cryptocurrency CFDs rather than actual crypto. HYCM stands out with 1,199 tradeable symbols and 70 forex pairs, compared with IFC Markets’ 630 symbols and 49 forex pairs. HYCM also gives access to exchange traded securities on both U.S. and international exchanges, while IFC Markets does not offer U.S.-listed shares but does provide international exchange traded securities.

IFC Markets does have one clear advantage: copy trading is available, while HYCM does not support it. Still, HYCM scores higher overall for range of investments, earning 4 out of 5 stars and ranking #27 out of 36 brokers on ForexBrokers.com. IFC Markets is rated 3.5 stars and ranks #31, reflecting a smaller selection overall despite its copy trading feature.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1199 630
Forex Pairs (Total) info 70 49
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

HYCM (Henyep Capital Markets) and IFC Markets both give traders plenty of platform choices, including free demo accounts for practice, their own in-house platforms, Windows desktop downloads, browser-based trading, MetaTrader 4, and MetaTrader 5. Both also let users trade directly from charts, which can make order placement faster and easier. On ForexBrokers.com, each broker earns 4 out of 5 stars for Trading Platforms and Tools, showing a similar level of strength in this area.

The main difference is that IFC Markets offers copy trading, while HYCM does not. That extra feature may appeal to traders who want to follow other investors’ trades. In ForexBrokers.com’s ranking out of 36 brokers, IFC Markets places slightly higher at #29 compared with HYCM at #32, so IFC Markets has a small edge overall in this category.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC 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 No Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

HYCM (Henyep Capital Markets) and IFC Markets both give mobile traders the basics they need, with iPhone and Android apps available on both platforms. Each app also includes stock or forex price alerts, 30 technical studies for charting, trendline drawing, and auto-saving for chart drawings. In short, both brokers make it easy to follow the market and manage trades from a phone or tablet.

The key difference is watchlist syncing. IFC Markets lets your mobile watchlists sync with your online account, so updates carry over between devices, while HYCM does not offer this feature. Both brokers are rated 4 out of 5 stars for mobile trading apps, but ForexBrokers.com ranks HYCM higher at #30 out of 36 brokers, compared with IFC Markets at #34. For traders who want watchlist sync, IFC Markets has the edge; for overall mobile app quality, both are fairly close.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

HYCM (Henyep Capital Markets) and IFC Markets are closely matched for market research, and both provide daily market commentary plus an economic calendar with upcoming global events. They also share the same Research rating of 3.5 out of 5 stars, with HYCM ranked #29 out of 36 brokers and IFC Markets close behind at #30.

Where HYCM stands out is in its access to forex news from major sources like Bloomberg, Reuters, or Dow Jones, as well as Trading Central tools for added technical insight. IFC Markets, on the other hand, does not offer those news or Trading Central features, but it does include a sentiment tool that shows the balance of long and short positions, which HYCM does not. Neither broker offers Autochartist, TipRanks, or Acuity Trading research tools.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
Client sentiment data info No Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to beginner-friendly learning tools, both HYCM (Henyep Capital Markets) and IFC Markets give new traders a decent place to start. Each broker offers at least 10 beginner education videos that cover trading basics, which can help first-time users learn how forex and CFD trading works. Neither broker offers monthly live educational webinars, so beginners looking for regular classroom-style sessions will need to look elsewhere.

For more advanced learning, IFC Markets has the edge because it offers at least 10 advanced educational videos, while HYCM does not. That said, both brokers are rated 3.5 out of 5 stars for Education, with IFC Markets ranked slightly higher by ForexBrokers.com at #25 compared with HYCM’s #27 out of 36 brokers. Overall, IFC Markets has a small advantage for traders who want to keep learning beyond the basics, but both brokers provide a similar starting point for beginners.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than IFC Markets. HYCM (Henyep Capital Markets) finished with an overall rank of #26, while IFC Markets finished with an overall rank of #33.

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).

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 85 73
Range of Investments 4/5 Stars 3.5/5 Stars
Trading Fees 4.5/5 Stars 4/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with HYCM (Henyep Capital Markets) or IFC Markets?

In a HYCM (Henyep Capital Markets) vs IFC Markets comparison for crypto trading, neither broker lets you buy actual (delivered) cryptocurrencies, but both offer cryptocurrency CFDs for speculative trading.

What funding options does each broker offer?

Comparing online brokers HYCM (Henyep Capital Markets) and IFC Markets for deposit and withdrawal methods: both do not offer ACH/SEPA or PayPal, both support bank wire transfers, HYCM additionally supports Skrill (IFC Markets does not), and Visa/Mastercard availability for both is not specified.

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Overall Rating HYCM (Henyep Capital Markets) IFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 85 73
Winner check_circle
Review HYCM (Henyep Capital Markets) Review
Broker Screenshots HYCM (Henyep Capital Markets) IFC Markets
Broker Gallery (click to expand) info
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation HYCM (Henyep Capital Markets) IFC Markets
Trust Score info 85 73
Year Founded info 1977 2006
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 5
Tier-1 Licenses (Highly Trusted) HYCM (Henyep Capital Markets) IFC Markets
Australia (ASIC Authorised) info No
Canada (CIRO Authorised) info No
Hong Kong (SFC Authorised) info Yes
Japan (FSA Authorised) info No
Singapore (MAS Authorised) info No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes
USA (CFTC Authorized) info No
New Zealand (FMA Authorised) info No
Regulated in one or more EU or EEA countries (MiFID). info No info
Tier-2 Licenses (Trusted) HYCM (Henyep Capital Markets) IFC Markets
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or CMA Authorised) info Yes
India (SEBI Authorised) info No
Jordan (JSC Authorised) info
Investments HYCM (Henyep Capital Markets) IFC Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1199 630
Forex Pairs (Total) info 70 49
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No Yes
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).
Cost HYCM (Henyep Capital Markets) IFC Markets
Average spread (EUR/USD) - Standard account info 1.3 info 1.44 info
All-in Cost EUR/USD - Active info 0.6 info 1.1 info
Inactivity Fee info No No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding HYCM (Henyep Capital Markets) IFC Markets
Minimum Deposit info $20 $1
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms HYCM (Henyep Capital Markets) IFC Markets
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools HYCM (Henyep Capital Markets) IFC Markets
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading HYCM (Henyep Capital Markets) IFC 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 No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research HYCM (Henyep Capital Markets) IFC Markets
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
TipRanks info No No
Client sentiment data info No Yes
Economic Calendar info Yes Yes
Education HYCM (Henyep Capital Markets) IFC Markets
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes
Major Forex Pairs HYCM (Henyep Capital Markets) IFC 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 HYCM (Henyep Capital Markets) Review
Overall HYCM (Henyep Capital Markets) IFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 85 73
Winner check_circle
Review HYCM (Henyep Capital Markets) Review
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