Written by ForexBrokers.com
In this head to head comparison of Markets.com 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.
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.
Markets.com, founded in 1999, and HYCM (Henyep Capital Markets), established in 1977, are both well-regarded online brokers, though not publicly traded or classified as banks. A notable aspect of their credibility is their regulatory standings, where Markets.com holds three Tier-1 licenses, indicating a high level of faith. On the other hand, HYCM possesses two Tier-1 licenses, which assures clients but to a slightly lesser extent. Both platforms also maintain a single Tier-2 license, keeping their operations within trusted bounds for potential investors seeking reassurance.
In terms of trust scores evaluated by ForexBrokers.com, Markets.com comes out ahead with a robust 93 out of 99, signaling it as a highly trusted service. Compared to this, HYCM carries a trust score of 86, which classifies it as a trusted but slightly less secure option. These scores reflect their regulatory strength and offer investors a clear perspective on security when choosing between these financial services.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 1999 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers Markets.com and HYCM (Henyep Capital Markets), HYCM stands out as the more cost-effective option. While Markets.com does not have available average spread data, its overall ratings suggest higher costs for traders. Rated 3.5 out of 5 stars for commissions and fees, Markets.com is ranked #50 out of 63 brokers by ForexBrokers.com, reflecting a mid-range position in the market.
In contrast, HYCM offers competitive pricing options that cater to different trading needs. The Raw account provides an attractive all-in cost of approximately 0.6 pips for the EUR/USD after commissions. For traders looking for a different structure, the Classic account starts with a variable spread from 1.2 pips, while a fixed-spread account option offers a spread of 1.5 pips. HYCM receives a commendable 4.5-star rating from ForexBrokers.com, ranking as the 15th best option out of 63 brokers for commission and fees.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available at Markets.com and HYCM, both platforms offer forex trading as CFDs, but their overall offerings differ significantly. Markets.com provides access to 2,179 tradeable symbols and 57 forex pairs, while HYCM offers 1,199 tradeable symbols and 70 forex pairs. Moreover, HYCM stands out by giving clients the option to invest directly in exchange-traded securities on both U.S. and international exchanges, such as buying shares of Apple or Vodafone. On the other hand, Markets.com lacks this feature but supports copy trading, a unique option not available on HYCM. Both brokers offer cryptocurrency derivatives but do not provide the option to buy actual, delivered cryptocurrencies.
In terms of investment range ratings, both Markets.com and HYCM share a solid four-star rating. However, when ranked against other brokers by ForexBrokers.com, Markets.com holds the 29th position, slightly ahead of HYCM, which is ranked 33rd out of 63 brokers. Both platforms cater to different kinds of traders, with Markets.com being more suitable for those interested in copy trading and a broader range of symbols, while HYCM may appeal to those looking to invest in actual exchange-traded securities.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 1199 |
| Forex Pairs (Total) | 57 | 70 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When comparing the trading platforms and tools of Markets.com and HYCM (Henyep Capital Markets), both brokers offer a variety of options that cater to different types of traders. Both provide free demo accounts for users to practice trading, and have proprietary platforms developed in-house alongside the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. For desktop traders, each broker supports Windows-based downloads, and web-based platforms are also available for those who prefer browsing. While Markets.com offers copy trading capabilities, this feature is absent in HYCM's offerings. Both brokers lack support for social trading platforms like DupliTrade and ZuluTrade.
In terms of charting tools, Markets.com and HYCM provide a solid selection, though HYCM takes the lead with 15 drawing tools compared to Markets.com's 4. Additionally, HYCM allows trading directly from stock charts, which is not an option at Markets.com. For those focused on tracking multiple assets, Markets.com offers six columns for watch lists, slightly less than HYCM, which provides seven. Both brokers receive a respectable rating of four stars for their trading platforms and tools, yet ForexBrokers.com ranks Markets.com higher in this category, placing it at 27th out of 63 brokers, whereas HYCM ranks at 40th.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 30 |
| Charting - Drawing Tools (Total) | 4 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Markets.com and HYCM, both platforms provide user-friendly experiences for iPhone and Android users. They each offer the ability to receive stock or forex price alerts and create watchlists with live quotes, ensuring that traders can keep up with market movements on the go. However, Markets.com stands out with its seamless watchlist symbol syncing between the mobile app and online account, making it easier to manage changes across devices. In contrast, HYCM offers a stronger charting experience with 30 technical studies available and the ability to view multiple time frames such as daily, weekly, or intraday, which Markets.com does not offer.
Both apps allow users to draw trendlines on charts, but HYCM goes a step further by auto-saving these drawings, a feature not available with Markets.com's mobile app. In terms of ratings, both brokers are praised with 4-star ratings for their mobile trading apps. While Markets.com ranks slightly higher at #33 compared to HYCM's #37 in ForexBrokers.com's list of 63 brokers for mobile trading, both apps serve their purpose effectively, with distinct strengths catering to specific trader needs.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Markets.com and HYCM (Henyep Capital Markets) provide daily market commentary and deliver forex news from top-tier sources like Bloomberg and Reuters, ensuring traders have access to timely and reliable information. However, when it comes to specialized research tools, the two platforms diverge. Markets.com offers a sentiment-based trading tool that helps traders gauge market trends through the ratio of long or short positions across various instruments, a feature that is absent in HYCM's offerings. Conversely, HYCM includes technical analysis tools from Trading Central, which Markets.com does not provide. Neither broker offers research tools from Autochartist, Acuity Trading, or TipRanks, reflecting a gap in their market research toolkit.
Markets.com and HYCM both include economic calendars showcasing global news events, which can be crucial for making informed trading decisions. Despite these similarities, Markets.com slightly edges out with a higher research rating of 4 stars compared to HYCM’s 3.5 stars. According to ForexBrokers.com, Markets.com is ranked 17th out of 63 brokers in the research category, while HYCM is ranked 35th, which suggests that Markets.com may offer a broader range of insightful tools and analysis for traders looking to deepen their understanding of market movements.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings of Markets.com and HYCM (Henyep Capital Markets), beginners seeking to learn about forex or CFDs will find notable differences. Markets.com provides monthly online educational webinars, but doesn't have accompanying archives for future reference. On the other hand, HYCM supports beginners with a wide array of educational materials, including articles, videos, and archived webinars, facilitating access to content at their convenience. Both platforms supply ample beginner videos, but only Markets.com extends this to cover advanced trading topics, which can be beneficial for those looking to deepen their knowledge over time.
Markets.com, however, doesn't offer an investor dictionary, whereas HYCM includes this feature with definitions for over 50 investing terms, aiding newcomers in familiarizing themselves with trading jargon. Despite its limitations, Markets.com scores 4 out of 5 stars for education, slightly higher than HYCM's 3.5 stars. Additionally, HYCM is ranked higher by ForexBrokers.com for its educational resources, sitting at #32 out of 63 brokers, compared to Markets.com’s position at #34. Ultimately, both brokers provide valuable learning tools, with varying strengths based on what each platform deems as priorities for nurturing traders from novice to skilled levels.
| Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Markets.com is better than HYCM (Henyep Capital Markets). Markets.com finished with an overall rank of #23, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 86 |
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Both online brokers, Markets.com and HYCM (Henyep Capital Markets), do not provide the option to buy actual (delivered) cryptocurrency but do offer the ability to trade cryptocurrency derivatives.
Both Markets.com and HYCM (Henyep Capital Markets) do not support ACH, SEPA, or PayPal for deposits and withdrawals; however, they both offer Skrill, Visa, Mastercard, and bank wire options for these transactions.
Please 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.
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0 of 5| Overall Rating | Markets.com | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Markets.com | HYCM (Henyep Capital Markets) | |
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| Regulation | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 1999 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 1199 | |
| Forex Pairs (Total) | 57 | 70 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Drawing Tools (Total) | 4 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | HYCM (Henyep Capital Markets) Review |
| Overall | Markets.com | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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