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HYCM (Henyep Capital Markets) vs IUX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of HYCM (Henyep Capital Markets) vs IUX, 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
IUX
3.5/5 Stars Overall
  • Minimum Deposit: 10
  • Trust Score: 78
  • Tradeable Symbols (Total): 152

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

When comparing the online brokers HYCM (Henyep Capital Markets) and IUX, their regulatory credentials highlight significant differences in trust and experience. Established in 1977, HYCM has amassed a Trust Score of 86 out of 99 according to ForexBrokers.com, categorizing it as a trusted broker. It holds two highly trusted Tier-1 licenses and one trusted Tier-2 license. In contrast, IUX, founded in 2016, has a Trust Score of 78, placing it in the average risk category. IUX maintains one Tier-1 license, which is considered highly trusted, and one Tier-2 license, marked as trusted.

Neither HYCM nor IUX is publicly traded or operates as a bank, representing a similar positioning in terms of company structure. However, HYCM's longstanding presence in the market and higher attainment of Tier-1 licenses imply a stronger foundation in regulatory trust. For potential clients seeking a reliable trading partner, these factors make HYCM appear as a more established and trusted choice compared to the newer entrant, IUX.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
Year Founded info 1977 2016
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

HYCM (Henyep Capital Markets) earns 4.5/5 stars and ranks #16 of 63 for commissions and fees, while IUX scores 4/5 stars and ranks #49 of 63. On EUR/USD, both brokers can deliver near 0.6 pips all-in on their commission-based “Raw” style accounts. For spread-only pricing, IUX’s Pro account averages about 0.7 pips, which is leaner than HYCM’s Classic account (variable spreads from 1.2 pips) and HYCM’s fixed-spread option at 1.5 pips.

HYCM’s lineup is straightforward: the Raw account targets low all-in costs (about 0.6 pips on EUR/USD after commission), the Classic account trades off simplicity for wider variable spreads starting at 1.2 pips, and the fixed account offers a steady 1.5 pips. In short, cost-focused traders may prefer HYCM Raw, while those who want predictable pricing may look at the fixed spread.

IUX structures fees by account type and deposit level. Standard and Standard+ need just $10 to start; Standard typically has tighter spreads than Standard+, which allows deposit bonuses but widens spreads. Active traders can choose Pro (spread-only, around 0.7 pips on EUR/USD) or Raw (lowest spreads plus a $6 per-lot commission, working out to roughly 0.6 pips all-in). Overall pricing is competitive for a smaller brand, but HYCM’s higher rating and ranking suggest a stronger showing on costs, with IUX Pro being a close spread-only alternative.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
Minimum Deposit info $20 10
Average spread (EUR/USD) - Standard account info 1.2 info 0.9
All-in Cost EUR/USD - Active info 0.6 info 0.6
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

HYCM (Henyep Capital Markets) offers a wider selection than IUX, with 1,199 tradeable symbols versus IUX’s 152. For currency traders, HYCM lists 70 forex pairs compared with 34 at IUX. Both brokers support forex trading (CFD/spot). Neither platform provides copy trading.

HYCM lets clients buy exchange-traded U.S. shares, while IUX does not; both offer exchange-traded international shares. Neither broker sells actual cryptocurrency, but both provide crypto CFDs. For range of investments, HYCM is rated 4 stars and IUX 3.5 stars; ForexBrokers.com ranks HYCM #34 of 63 and IUX #61.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1199 152
Forex Pairs (Total) info 70 34
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
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 IUX both make it easy to get started with a free demo account for simulated trading. Each broker provides a proprietary platform, plus a web platform and a Windows desktop download, and both let you place trades directly from charts. Neither offers copy trading. Platform choice differs on MetaTrader: HYCM supports both MT4 and MT5, while IUX supports MT5 but not MT4—an important distinction if you rely on MT4 tools or EAs.

For trading platforms and tools, HYCM earns 4 out of 5 stars and ranks #41 of 63 brokers on ForexBrokers.com, while IUX earns 3.5 stars and ranks #60. Counts for technical indicators and watch list fields weren’t specified for either broker. If you want MT4, HYCM is the clearer pick; if MT5 is your focus, both are viable. In either case, you can practice first with their free demo accounts.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
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 No
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 106
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 IUX both offer mobile trading apps for iPhone and Android. HYCM earns 4 out of 5 stars and ranks #38 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while IUX scores 3.5 stars and ranks #61. Key differences: HYCM supports price alerts and lets you draw trendlines on charts, which can help with timing and analysis; IUX does not offer price alerts and lacks trendline drawing. However, IUX stands out with a larger library of technical indicators (106 vs. HYCM’s 30). Both apps auto-save chart drawings.

For day-to-day use, HYCM suits traders who want alerts on the go and simple drawing tools, while IUX may appeal to indicator-focused traders who want more technical studies. Note that neither broker syncs watchlists between the mobile app and the web platform. In short: choose HYCM for alerts and chart drawing, or pick IUX if you prioritize a wider set of indicators.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing market research, HYCM (Henyep Capital Markets) clearly offers more than IUX. HYCM provides daily market commentary and streams forex news from major outlets like Bloomberg, Reuters, or Dow Jones, plus access to Trading Central analysis tools. By contrast, IUX does not offer daily commentary, top-tier news feeds, or Trading Central. Both brokers include an economic calendar, but neither integrates Autochartist, sentiment tools, TipRanks, or Acuity Trading features.

These differences show up in the scores: HYCM earns 3.5 out of 5 stars for Research and ranks #36 out of 63 brokers on ForexBrokers.com, while IUX scores 3 out of 5 stars and ranks #60. If market news and built-in analysis tools matter to you, HYCM is the stronger choice; if you only need a basic calendar, IUX may be enough.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central info Yes No
Client sentiment data info No No
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 IUX both provide forex and CFD education that meets a basic threshold, offering at least 10 learning pieces. Each broker features 10+ beginner-focused videos that explain trading basics in plain language. However, neither broker hosts monthly educational webinars, and neither reaches 10+ advanced videos aimed at experienced traders, so the content skews toward newcomers.

For beginners comparing HYCM vs IUX education, HYCM holds the edge: it earns 3.5 out of 5 stars for Education and ranks #32 out of 63 brokers on ForexBrokers.com, while IUX scores 3 stars and ranks #60. If you want a stronger starter video lineup and a higher-rated learning experience, HYCM is the more appealing pick. If you only need core beginner videos and don’t require webinars or a deep advanced library, IUX can still cover the basics.

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

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 IUX. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while IUX finished with an overall rank of #55.

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)
IUX logoIUX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 86 78
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

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

In the HYCM (Henyep Capital Markets) vs IUX comparison, neither broker offers buying actual delivered cryptocurrency, but both provide cryptocurrency CFD trading.

What funding options does each broker offer?

HYCM (Henyep Capital Markets) vs IUX: both online brokers do not support ACH/SEPA or PayPal, both offer Skrill and bank wire deposits/withdrawals, and Visa/Mastercard availability is not specified.

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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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Overall Rating HYCM (Henyep Capital Markets) IUX
Overall Rating info 4/5 Stars 3.5/5 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 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 86 78
Winner check_circle
Review HYCM (Henyep Capital Markets) Review IUX Review
Broker Screenshots HYCM (Henyep Capital Markets) IUX
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) IUX
Trust Score info 86 78
Year Founded info 1977 2016
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info No
Tier-1 Licenses info 2 1
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) IUX
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info No
Tier-2 Licenses (Trusted) HYCM (Henyep Capital Markets) IUX
Kenya (CMA Authorised) info No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No
Investments HYCM (Henyep Capital Markets) IUX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1199 152
Forex Pairs (Total) info 70 34
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
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) IUX
Average spread (EUR/USD) - Standard account info 1.2 info 0.9
All-in Cost EUR/USD - Active info 0.6 info 0.6
Inactivity Fee info No Yes
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding HYCM (Henyep Capital Markets) IUX
Minimum Deposit info $20 10
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms HYCM (Henyep Capital Markets) IUX
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 No
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools HYCM (Henyep Capital Markets) IUX
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 106
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading HYCM (Henyep Capital Markets) IUX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes No
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 106
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes No
Research HYCM (Henyep Capital Markets) IUX
Daily Market Commentary (Articles) info Yes No
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 No
Economic Calendar info Yes Yes
Education HYCM (Henyep Capital Markets) IUX
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No No
Major Forex Pairs HYCM (Henyep Capital Markets) IUX
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 IUX Review
Overall HYCM (Henyep Capital Markets) IUX
Overall Rating info 4/5 Stars 3.5/5 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 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 3.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 86 78
Winner check_circle
Review HYCM (Henyep Capital Markets) Review IUX Review
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