menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

IG vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

IG
5/5 Stars Overall
  • Minimum Deposit: £250.00
  • Trust Score: 99
  • Tradeable Symbols (Total): 19537
HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 86
  • Tradeable Symbols (Total): 1199

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

IG and HYCM (Henyep Capital Markets) are both established online brokers, with IG founded in 1974 and HYCM in 1977. A key difference lies in their exchange status: IG is publicly traded, enhancing its transparency, while HYCM remains privately held. Moreover, IG operates as a bank, offering an additional layer of security for investors, a feature that HYCM does not share. These differences are crucial for traders seeking stability and public accountability in their chosen broker.

Regulatory strength is another area where IG and HYCM differ significantly. IG boasts an impressive 99 Trust Score from ForexBrokers.com, owing to its possession of 8 Tier-1 licenses and 2 Tier-2 licenses, making it highly trusted. In contrast, HYCM holds 2 Tier-1 licenses and 1 Tier-2 license, earning it a Trust Score of 86, indicating it is trusted but less so than IG. These scores reflect the perceived risk and reliability of each broker, with IG demonstrating superior regulatory oversight and client protection.

Feature IG logoIG
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 1974 1977
Publicly Traded (Listed) info Yes No
Bank info Yes No
Tier-1 Licenses info 8 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

IG earns 5/5 stars for commissions and fees and ranks #8 out of 63 brokers. Its Forex Direct (DMA) account targets active traders with average EUR/USD spreads of 0.62 pips in July 2023; after commissions, the all‑in cost can be about 0.82 pips for high‑volume tiers. The base tier is $60 per million traded, while the lowest tier drops to $10 per million per side ($20 round‑turn). On IG’s CFD account, typical EUR/USD spreads averaged 0.69 pips during main trading hours and 0.98 pips across all sessions in July 2023 (IG US averaged 1.18 pips). IG also offers volume-based rebates for eligible professionals: 10% off spreads above £50 million per month and up to 20% above £300 million, which can bring effective costs toward roughly 0.60 pips in the example provided. Minimum deposit for the DMA account is £1,000.

HYCM (Henyep Capital Markets) earns 4.5/5 stars and ranks #16 out of 63 brokers for commissions and fees. Its Raw account is the standout, offering an all‑in cost around 0.6 pips on EUR/USD after commission. The Classic account has variable spreads starting from 1.2 pips, and the fixed‑spread account lists 1.5 pips, giving traders straightforward choices depending on their preference for spread-only pricing vs. commission pricing.

If you trade large sizes or very frequently, IG’s DMA pricing, tiered commissions, and potential spread rebates can be compelling. If you want simple, low all‑in pricing without high volume, HYCM’s Raw account is very competitive. Both brokers are cost‑conscious, but IG tilts toward high‑volume efficiency and multiple pricing paths, while HYCM makes it easy to access tight pricing through its Raw account.

Feature IG logoIG
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info £250.00 $20
Average spread (EUR/USD) - Standard account info 0.98 info 1.2 info
All-in Cost EUR/USD - Active info 0.82 info 0.6 info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

IG vs HYCM (Henyep Capital Markets): For range of investments, IG offers far more choice with 19,537 tradeable symbols compared to HYCM’s 1,199. IG also lists 97 forex pairs versus HYCM’s 70. Both brokers support forex trading via CFDs or spot, and both let you buy exchange-traded stocks on U.S. and international exchanges (think Apple on NASDAQ and Vodafone in London).

When it comes to crypto, IG lets you buy actual coins as well as cryptocurrency CFDs, while HYCM offers crypto CFDs only. Neither broker supports copy trading. For Range of Investments, IG earns 5 stars and ranks #4 out of 63 brokers, while HYCM scores 4 stars and ranks #34. In short, IG suits traders who want the widest selection, and HYCM covers the essentials with a smaller lineup.

Feature IG logoIG
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 19537 1199
Forex Pairs (Total) info 97 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info Yes info 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). 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

IG and HYCM both check key boxes for platform access and ease of use. Each broker offers a free demo account, an in-house platform, a Windows desktop download, and a web-based platform. Trading from charts is available with both. For third-party tools, IG and HYCM support MetaTrader 4 (MT4), while only HYCM adds MetaTrader 5 (MT5). Neither broker provides copy trading.

In independent testing by ForexBrokers.com for Trading Platforms and Tools, IG earns 5 stars and ranks #2 out of 63 brokers, while HYCM earns 4 stars and ranks #41. If MT5 is a must-have, HYCM has you covered; if overall platform quality and tools are your priority, IG takes the lead.

Feature IG logoIG
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital 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 No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 33 30
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

IG and HYCM (Henyep Capital Markets) both deliver full-featured mobile trading apps for iPhone and Android, with price alerts, trendline drawing, and auto‑saved chart annotations. IG takes the lead for power users with 33 technical studies versus HYCM’s 30, and it adds watchlist syncing so symbols you track on mobile match your web platform automatically—HYCM does not sync watchlists. These details make IG’s app feel more seamless day to day.

Independent ratings reflect the gap: IG earns 5 stars and ranks #1 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while HYCM is rated 4 stars and ranks #38. If you want the top-rated experience with deeper chart tools and synced watchlists, IG stands out. If you only need the essentials—iPhone/Android access, alerts, drawing tools, and auto-save—HYCM still covers the basics.

Feature IG logoIG
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Android App info Yes info Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 33 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

IG vs HYCM (Henyep Capital Markets): Both brokers publish daily market commentary, stream forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, and provide an economic calendar. The key differences are in research add-ons. IG includes Autochartist scanning tools, a sentiment indicator that shows long/short positioning, TipRanks market insights, and Acuity Trading tools (including Signal Centre). HYCM offers Trading Central analytics, but does not include Autochartist, a sentiment tool, TipRanks, or Acuity Trading features.

On independent ratings, IG earns 5/5 stars for Research and ranks #2 out of 63 brokers at ForexBrokers.com, while HYCM holds 3.5/5 stars and ranks #36. Traders seeking the widest mix of research tools may prefer IG, whereas those focused on Trading Central can consider HYCM.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

IG vs HYCM for beginner education: IG offers a fuller learning experience for new forex and CFD traders. IG runs online educational webinars at least once a month, provides 10+ beginner-focused videos, and also includes advanced video lessons when you’re ready to level up. IG’s education is rated 5 stars and ranks #1 out of 63 brokers on ForexBrokers.com. By comparison, HYCM supplies at least 10 beginner videos but does not host monthly educational webinars and lacks 10+ advanced videos. HYCM’s education earns 3.5 stars and ranks #32 out of 63.

If you want structured learning with live sessions and a clear path from beginner to advanced topics, IG is the stronger pick. HYCM can help you learn the basics through its beginner videos, but traders seeking frequent webinars and deeper material will likely find IG better for growing their skills.

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

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that IG is better than HYCM (Henyep Capital Markets). IG finished with an overall rank of #1, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.

Feature IG logoIG
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 86
Range of Investments 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 5/5 Stars 4/5 Stars

FAQs

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

In an IG vs HYCM (Henyep Capital Markets) comparison, IG lets you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, while HYCM offers cryptocurrency CFDs only and does not support buying actual delivered crypto.

What funding options does each broker offer?

Comparing funding options, IG enables ACH/SEPA transfers, PayPal, and bank wire deposits and withdrawals (but not Skrill), whereas HYCM (Henyep Capital Markets) supports Skrill and bank wires (but not ACH/SEPA or PayPal); Visa/Mastercard availability is not specified for either broker.

More Comparisons

IG vs FXCM IG vs FXOpen IG vs Markets4you IG vs IFC Markets IG vs FXPrimus IG vs Octa HYCM (Henyep Capital Markets) vs IG HYCM (Henyep Capital Markets) vs FXGT.com HYCM (Henyep Capital Markets) vs DooPrime HYCM (Henyep Capital Markets) vs IUX HYCM (Henyep Capital Markets) vs Octa HYCM (Henyep Capital Markets) vs Trading 212

Show all



announcementPlease 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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× IG
× HYCM (Henyep Capital Markets)
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating IG HYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 86
Winner check_circle
Review IG Review HYCM (Henyep Capital Markets) Review
Broker Screenshots IG HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
IG trading mobile app charting IG web platform dark mode IG research special research reports IG educational academy course detail
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation IG HYCM (Henyep Capital Markets)
Trust Score info 99 86
Year Founded info 1974 1977
Publicly Traded (Listed) info Yes No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 8 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) IG HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) IG HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments IG HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 19537 1199
Forex Pairs (Total) info 97 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info Yes info 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). 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 IG HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 0.98 info 1.2 info
All-in Cost EUR/USD - Active info 0.82 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding IG HYCM (Henyep Capital Markets)
Minimum Deposit info £250.00 $20
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms IG HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools IG HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 33 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading IG HYCM (Henyep Capital Markets)
Android App info Yes info Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 33 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research IG HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central info No Yes
TipRanks info Yes No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education IG HYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs IG HYCM (Henyep Capital 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 IG Review HYCM (Henyep Capital Markets) Review
Overall IG HYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 4/5 Stars
Trust Score info 99 86
Winner check_circle
Review IG Review HYCM (Henyep Capital Markets) Review
arrow_upward

close
navigate_before navigate_next