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HYCM (Henyep Capital Markets) vs IFC Markets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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: 86
  • 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

Founded in 1977, HYCM (Henyep Capital Markets) offers a longer track record compared to IFC Markets, which started in 2006. Both brokers operate privately and are not listed on any stock exchange, nor are they banks. Despite these similarities, their regulatory standing differs significantly. HYCM holds two Tier-1 licenses, highly trusted by ForexBrokers.com, while IFC Markets lacks any Tier-1 licenses. Both have one Tier-2 license, which is considered trusted.

When it comes to trustworthiness based on ForexBrokers.com ratings, HYCM stands out with a Trust Score of 86, placing it in the 'trusted' category. In comparison, IFC Markets receives a score of 73, indicating an 'average risk' rating. These differences in regulation and trust scores are crucial factors for potential investors weighing their options between these two online brokers.

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 0
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

HYCM (Henyep Capital Markets) generally comes out cheaper on headline spreads. Its Raw account delivers about 0.6 pips all-in for EUR/USD after commission, while the Classic account starts from 1.2 pips and the fixed-spread option is 1.5 pips. IFC Markets’ average EUR/USD spread is 1.44 pips, which is higher than the industry average of 1.08 pips; however, its ECN account can bring the effective cost down to about 1.1 pips after a 0.005% commission is applied on both sides. For frequent traders, IFC’s ECN pricing narrows the gap, but for many users HYCM’s Raw account remains the more cost-effective choice on EUR/USD.

Beyond spreads, IFC Markets helps trim costs with no inactivity fees and active trader discounts. HYCM’s value is clearest on its Raw account, while IFC Markets becomes more appealing as trading volume rises. For commissions and fees, HYCM is rated 4.5 stars and ranked 16th out of 63 brokers by ForexBrokers.com; IFC Markets is rated 4 stars and ranked 40th out of 63.

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 1.2 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

HYCM (Henyep Capital Markets) vs IFC Markets: For range of investments, HYCM lists 1,199 tradable symbols and 70 forex pairs, while IFC Markets offers 630 symbols and 49 forex pairs. Both brokers support forex trading via CFDs and spot contracts, and both provide cryptocurrency exposure through CFDs (neither offers direct, delivered crypto). HYCM also lets clients buy exchange-traded stocks on U.S. markets like NASDAQ and NYSE, as well as international exchanges; IFC Markets offers direct stock trading on international exchanges but not on U.S. exchanges.

HYCM is rated 4.0/5 for Range of Investments and ranks 34th out of 63 brokers at ForexBrokers.com, compared with IFC Markets at 3.5/5 and 44th. Pick HYCM if you want more instruments and access to both U.S. and international stocks. Choose IFC Markets if copy trading is important, alongside CFDs, forex, and international shares.

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

Comparing trading platforms and tools, both HYCM (Henyep Capital Markets) and IFC Markets check the key boxes: each offers a free simulated demo account, a proprietary platform built in-house, Windows desktop software, and a web-based browser platform. They also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and let you place trades directly from charts. The main difference is copy trading: IFC Markets offers it, while HYCM does not. Specific counts for built-in technical indicators and watch list fields were not provided.

For overall platform and tools quality, both brokers earn 4 stars. In ForexBrokers.com’s rankings out of 63 brokers, HYCM comes in at #41 while IFC Markets places higher at #37. If copy trading matters to you, IFC Markets has the edge; if not, both brokers deliver similar platform coverage with MT4/MT5, web, desktop, and demo access.

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 offer mobile trading apps for iPhone and Android. Each app supports price alerts, 30 technical indicators for charting, the ability to draw trendlines, and auto-saving of your drawings. The key difference is watchlist syncing: IFC Markets lets your watchlists sync across devices and your online account, while HYCM does not.

Both apps earn 4 out of 5 stars for mobile trading. However, in ForexBrokers.com’s rankings out of 63 brokers, HYCM sits higher at #38 compared to IFC Markets at #53. If syncing your watchlists across platforms matters most, IFC Markets has the edge. If you value a stronger category placement, HYCM is the pick—otherwise their core mobile features are largely on par.

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

Comparing HYCM (Henyep Capital Markets) vs IFC Markets for market research: both brokers provide daily market commentary and an economic calendar. HYCM stands out with forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and it adds Trading Central research tools. IFC Markets does not offer those two features, but it does include a sentiment tool that shows the long/short positioning across instruments—something HYCM does not provide. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools.

For ratings, both HYCM and IFC Markets earn 3.5 stars for Research from ForexBrokers.com. In the Research category rankings out of 63 brokers, HYCM sits at #36 while IFC Markets is #41. In short: pick HYCM if you want premium news and Trading Central analytics; choose IFC Markets if a built-in sentiment gauge is more useful to your trading style.

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

HYCM (Henyep Capital Markets) and IFC Markets both provide beginner-friendly education. Each hosts at least 10 videos aimed at new traders, helping you learn key trading concepts, platform basics, and risk management at your own pace. However, neither broker runs monthly educational webinars, so live, instructor-led sessions are not part of the regular offering.

For depth, IFC Markets offers 10+ advanced videos for experienced traders, while HYCM does not—giving IFC Markets an edge if you plan to keep progressing beyond the basics. Both earn 3.5 out of 5 stars for Education from ForexBrokers.com, with IFC Markets ranked 30th out of 63 brokers and HYCM ranked 32nd. If you want a video-first path into forex and CFD trading, both are solid choices; if you prefer a larger advanced video library, IFC Markets is the better fit.

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 #29, while IFC Markets finished with an overall rank of #45.

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) logoHYCM (Henyep Capital Markets)
IFC Markets logoIFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 86 73
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 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
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 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 86 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 86 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 0
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
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 (SFC 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 SCA 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 1.2 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
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 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 86 73
Winner check_circle
Review HYCM (Henyep Capital Markets) Review
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