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HYCM (Henyep Capital Markets) vs IUX 2026

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) and IUX both deliver competitive commissions and fees, but they take slightly different paths. HYCM earns 4.5 out of 5 stars and ranks #18 of 63 for Commissions and Fees, while IUX scores 4 out of 5 stars and ranks #19 of 63. If you trade major pairs like EUR/USD and care about total cost, both brokers can get close to the same ballpark—especially with their lower-cost account types.

HYCM’s Raw account targets an all-in cost of about 0.6 pips on EUR/USD after commission. If you prefer spread-only pricing, HYCM’s Classic account uses a variable spread starting from 1.2 pips, and there’s also a fixed-spread option at 1.5 pips for traders who value predictable costs.

IUX prices vary by account: Standard and Standard+ need only a $10 minimum deposit, with Standard averaging about 0.9 pips on EUR/USD and Standard+ offering promotions but wider spreads. For active traders, the Pro and Raw accounts require a $500 minimum. Pro is spread-only with an average around 0.7 pips, while Raw charges a $6 per-lot commission with very tight spreads—working out to roughly 0.6 pips all-in on EUR/USD. In short, HYCM’s Raw and IUX’s Raw accounts are similarly priced at the low end, while HYCM adds a fixed-spread choice and IUX offers very low minimums on its entry accounts.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
IUX logoIUX
Minimum Deposit info $20 10
Average spread (EUR/USD) - Standard account info 1.3 info 0.86 info
All-in Cost EUR/USD - Active info 0.6 info 0.6 info
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) delivers a wider range of investments than IUX, with 1,199 tradable symbols and 70 forex pairs versus IUX’s 152 symbols and 34 pairs. Both brokers support forex trading (CFD or spot), and both offer cryptocurrency via CFDs only—not actual coins. Copy trading isn’t available at either platform.

If you want real stocks, HYCM provides exchange-traded securities on both U.S. and international markets, while IUX offers exchange-traded securities only on international exchanges (no access to U.S.-listed shares). In ForexBrokers.com’s Range of Investments ratings, HYCM scores 4 stars and ranks 27th out of 63 brokers; IUX earns 3.5 stars and ranks 35th.

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 cover the basics for platform access. Each offers a free demo account for paper trading, a proprietary in-house platform, a Windows desktop download, and a web-based platform. Chart trading is supported on both, while copy trading is not offered. The main difference is MetaTrader access: HYCM provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), whereas IUX offers MT5 but not MT4.

For trading tools, details such as the number of built-in technical indicators and watchlist fields are not specified for either broker. Based on ForexBrokers.com, HYCM earns 4 stars for Trading Platforms and Tools and ranks #32 out of 63 brokers, while IUX scores 3.5 stars and ranks #35. Pick HYCM if you need MT4 alongside MT5; choose either if you want demo access, web and desktop platforms, and trading directly from charts.

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 stands out for traders who want price alerts on the go, while IUX does not support alerts. Neither app supports watchlist syncing between mobile and the web. In ForexBrokers.com’s Mobile Trading Apps category, HYCM is rated 4 stars and ranks #30 out of 63 brokers, compared with IUX at 3.5 stars and a #35 ranking.

For charting, IUX offers more technical studies (106 vs. HYCM’s 30), which may appeal to indicator-heavy traders. However, HYCM supports drawing trendlines on charts, while IUX does not. Both apps auto save chart drawings. In short, HYCM is the better fit if you want price alerts and the ability to draw trendlines, whereas IUX suits traders who value a larger library of indicators and can do without alerts or trendline tools.

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

In this HYCM (Henyep Capital Markets) vs IUX market research comparison, HYCM stands out by offering daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. HYCM also provides Trading Central research tools (e.g., Technical Analytics). IUX does not offer daily commentary, top-tier news feeds, or Trading Central. Neither broker includes Autochartist, sentiment tools showing long/short positioning, TipRanks, or Acuity Trading tools. Both brokers do provide an economic calendar with upcoming global events.

These differences show up in independent scores: HYCM earns 3.5 out of 5 stars for Research and ranks #29 out of 63 brokers at ForexBrokers.com, while IUX is rated 3 out of 5 stars and ranks #35. If you want frequent insights and news-driven context, HYCM is the stronger pick; if you only need an economic calendar without extra research features, IUX can cover the basics.

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 offer beginner-friendly learning, including at least 10 videos aimed at new traders. That makes it easy to get up to speed on core forex and CFD concepts through short, straightforward lessons. However, neither broker runs monthly educational webinars, and neither provides 10 or more advanced-level videos, so traders seeking live classes or deeper, expert content may find the selection limited.

For overall education quality, HYCM has a slight edge: ForexBrokers.com rates HYCM at 3.5 out of 5 stars and ranks it 27th out of 63 brokers for Education. IUX earns 3 out of 5 stars and ranks 35th. In short, beginners will find helpful video libraries at both brokers, but HYCM’s higher score and rank make it the stronger pick if education is a key factor.

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 #26, while IUX finished with an overall rank of #35.

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
Trading Fees 4.5/5 Stars 4/5 Stars
Trading Platforms 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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Overall Rating HYCM (Henyep Capital Markets) IUX
Overall Rating info 4/5 Stars 3.5/5 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 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 1.3 info 0.86 info
All-in Cost EUR/USD - Active info 0.6 info 0.6 info
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
Trading Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Trading Platforms 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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