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
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
info
|
1999
|
1977
|
Publicly Traded (Listed)
info
|
No
|
No
|
Bank
info
|
No
|
No
|
Tier-1 Licenses
info
|
3
|
2
|
Tier-2 Licenses
info
|
1
|
1
|
Tier-3 Licenses
info
|
0
|
0
|
Tier-4 Licenses
info
|
1
|
1
|
Fees
Comparing commissions and fees, HYCM (Henyep Capital Markets) provides clear pricing across multiple account types. Its Raw account is the most competitive, with an all-in cost of about 0.6 pips on EUR/USD after commission. The Classic account has a variable spread starting from 1.2 pips, while the fixed-spread account holds a 1.5-pip spread. By contrast, Markets.com does not publish average spread data, making direct cost comparisons more difficult for traders evaluating day-to-day trading expenses.
On ratings, Markets.com earns 3.5 out of 5 stars for commissions and fees and is ranked #51 out of 63 brokers by ForexBrokers.com. HYCM scores higher with 4.5 out of 5 stars and ranks #16 out of 63 in the same category.
If low spreads and transparent pricing are priorities, HYCM’s Raw account stands out for its potential to keep trading costs down, while its Classic and fixed options offer alternatives depending on your preference. For Markets.com, consider checking live quotes or platform pricing since average spreads are not available, which can affect your ability to estimate total trading costs.
Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
Minimum Deposit
info
|
$100
|
$20
|
Average spread (EUR/USD) - Standard account
info
|
N/A
info |
1.2
info |
All-in Cost EUR/USD - Active
info
|
N/A
info |
0.6
info |
Non-wire bank transfer
info
|
No
|
No
|
PayPal (Deposit/Withdraw)
info
|
|
No
|
Skrill (Deposit/Withdraw)
info
|
|
Yes
|
Bank Wire (Deposit/Withdraw)
info
|
|
Yes
|
Dive deeper: Best Low Spread Forex Brokers.
Range of investments
Markets.com vs HYCM: Both brokers support forex trading as CFDs or spot contracts and both offer cryptocurrency trading via CFDs (neither lets you buy actual crypto). Markets.com lists 2,179 tradable symbols, while HYCM offers 1,199. HYCM has more forex pairs (70 vs 57). Markets.com also provides copy trading, whereas HYCM does not.
Only HYCM lets you buy real, exchange-traded shares on both U.S. and international markets; Markets.com does not support purchasing actual shares. For Range of Investments, each earns 4 out of 5 stars from ForexBrokers.com, with Markets.com ranked 30th out of 63 brokers and HYCM ranked 34th. Choose Markets.com if you want a larger overall selection and copy trading, or HYCM if you want more forex pairs and the option to own shares outright.
Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
Forex Trading (Spot or CFDs)
info
|
Yes
|
Yes
|
Tradeable Symbols (Total)
info
|
2179
|
1199
|
Forex Pairs (Total)
info
|
57
|
70
|
U.S. Stocks (Shares)
info
|
No
|
Yes
|
Global Stocks (Non-U.S. Shares)
info
|
No
|
Yes
|
Copy Trading
info
|
Yes
|
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).
|
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
Markets.com and HYCM (Henyep Capital Markets) both check the key boxes for trading platforms and tools: each offers a free demo account, a proprietary platform, a Windows desktop platform, and a web-based platform. They also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). In ForexBrokers.com’s Trading Platforms and Tools category, both brokers earn 4 stars, with Markets.com ranking higher at #27 out of 63 brokers compared with HYCM at #41.
The main differences come down to how you like to trade. Markets.com includes copy trading, which can appeal to those who want to follow other traders’ strategies, but it does not let you place orders directly from charts. HYCM is the opposite: it supports trading from charts, a plus for chart-focused traders, but it does not offer copy trading. If you want social-style features, Markets.com stands out; if you prefer chart-based execution, HYCM has the edge.
Feature |
Markets.com
|
HYCM (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
|
Yes
|
No
|
MetaTrader 4 (MT4)
info
|
Yes
|
Yes
|
MetaTrader 5 (MT5)
info
|
Yes
|
Yes
|
Charting - Indicators / Studies (Total)
info
|
89
|
30
|
Charting - Trade From Chart
info
|
No
|
Yes
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
Markets.com and HYCM (Henyep Capital Markets) both offer mobile trading apps for iPhone and Android, plus price alerts and the ability to draw trendlines. A key difference is watchlist syncing: Markets.com syncs symbols between the app and your web account, while HYCM does not, which can matter if you switch between phone and desktop.
For charting, HYCM includes 30 built-in technical studies and auto-save for drawings. Markets.com’s own app has no built-in indicators, though using the MT4 mobile app with a Markets.com account gives you MT4’s default studies; drawings do not auto-save. Both brokers earn 4 stars for Mobile Trading Apps; in ForexBrokers.com’s 63-broker lineup, Markets.com ranks #34 and HYCM ranks #38. Choose Markets.com if synced watchlists are vital; pick HYCM if you want more indicators and saved annotations on mobile.
Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
Android App
info
|
Yes
|
Yes
|
Apple iOS App
info
|
Yes
|
Yes
|
Mobile Price Alerts
info
|
Yes
|
Yes
|
Mobile Watchlists - Syncing
info
|
Yes
|
No
|
Mobile Charting - Indicators / Studies
info
|
(default on MT4, none on Markets app)
|
30
|
Mobile Charting - Draw Trendlines
info
|
Yes
|
Yes
|
Mobile Charting - Trendlines Autosave
info
|
No
|
Yes
|
Dive deeper: Best Forex Trading Apps.
Market research
Markets.com vs HYCM (Henyep Capital Markets): both brokers deliver daily market commentary, stream forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and include an economic calendar to track key events. For market research quality, Markets.com holds a 4-star rating and ranks #17 out of 63 brokers on ForexBrokers.com, while HYCM earns 3.5 stars and ranks #36.
The toolsets differ. Markets.com offers a sentiment-based trading tool that shows the ratio of long and short positions, but does not include research from Autochartist or Trading Central. HYCM provides Trading Central analysis, yet lacks a sentiment tool and does not offer Autochartist, TipRanks, or Acuity Trading tools. Choose Markets.com if sentiment data is important to you, or HYCM if you prefer Trading Central’s analytics.
Feature |
Markets.com
|
HYCM (Henyep Capital Markets)
|
Daily Market Commentary (Articles)
info
|
Yes
|
Yes
|
Forex News (Top-Tier Sources)
info
|
Yes
|
Yes
|
Autochartist
info
|
No
|
No
|
Trading Central
info
|
No
|
Yes
|
Client sentiment data
info
|
Yes
|
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
For beginners looking at forex and CFD education, both Markets.com and HYCM (Henyep Capital Markets) offer at least 10 beginner-friendly videos that explain trading basics in plain terms. Markets.com stands out by hosting ongoing client webinars (at least one per month), which can help new traders ask questions and learn in real time. It also provides at least 10 advanced videos, giving learners a clear path as they progress. HYCM does not run monthly educational webinars and does not meet the same volume of advanced video content, but it still covers the key beginner topics on demand.
In independent evaluations, Markets.com earns 4 stars for Education and is ranked #34 out of 63 brokers by ForexBrokers.com. HYCM receives 3.5 stars and ranks slightly higher at #32. If you value live webinars and a deeper library to grow from beginner to advanced, Markets.com has the edge. If you’re focused on on-demand beginner videos, both brokers deliver accessible starting points.
Dive deeper: Best Forex Brokers for Beginners.
Winner
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.
FAQs
Can you trade cryptocurrency with Markets.com or HYCM (Henyep Capital Markets)?
Markets.com vs HYCM (Henyep Capital Markets): neither online broker offers direct purchase of delivered cryptocurrencies, but both support cryptocurrency CFD trading.
What funding options does each broker offer?
Markets.com vs HYCM (Henyep Capital Markets): both online brokers do not support ACH or SEPA transfers; HYCM does not support PayPal but does support Skrill and bank wire deposits/withdrawals, while availability of PayPal, Skrill, Visa/Mastercard, and bank wires at Markets.com—and Visa/Mastercard at HYCM—was not specified.
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.
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Overall Rating
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Overall Rating info
|
|
|
|
Commissions & Fees |
|
|
|
Range of Investments |
|
|
|
Platforms & Tools |
|
|
|
Mobile Trading |
|
|
|
Research |
|
|
|
Education |
|
|
|
Trust Score info
|
93
|
86
|
|
Winner |
check_circle
|
|
|
Review |
|
HYCM (Henyep Capital Markets) Review
|
|
Broker Screenshots
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Broker Gallery (click to expand) info
|
|
|
|
Regulation
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Trust Score info
|
93
|
86
|
|
Year Founded info
|
1999
|
1977
|
|
Publicly Traded (Listed) info
|
No
|
No
|
|
Bank info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
Yes
info
|
No
info
|
|
Tier-1 Licenses info
|
3
|
2
|
|
Tier-2 Licenses info
|
1
|
1
|
|
Tier-3 Licenses info
|
0
|
0
|
|
Tier-4 Licenses info
|
1
|
1
|
|
Tier-1 Licenses (Highly Trusted)
|
Markets.com |
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
|
No
|
No
|
|
Singapore (MAS Authorised) info
|
No
|
No
|
|
Switzerland (FINMA Authorised) info
|
|
|
|
United Kingdom (U.K.) (FCA Authorised) info
|
No
|
Yes
|
|
USA (CFTC Authorized) info
|
No
|
No
|
|
New Zealand (FMA Authorised) info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
Yes
info
|
No
info
|
|
Tier-2 Licenses (Trusted)
|
Markets.com |
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
|
No
|
Yes
|
|
India (SEBI Authorised) info
|
No
|
No
|
|
Jordan (JSC Authorised) info
|
|
|
|
Investments
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Forex Trading (Spot or CFDs) info
|
Yes
|
Yes
|
|
Tradeable Symbols (Total) info
|
2179
|
1199
|
|
Forex Pairs (Total) info
|
57
|
70
|
|
U.S. Stocks (Shares) info
|
No
|
Yes
|
|
Global Stocks (Non-U.S. Shares) info
|
No
|
Yes
|
|
Copy Trading info
|
Yes
|
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).
|
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 account info
|
N/A
info
|
1.2
info
|
|
All-in Cost EUR/USD - Active info
|
N/A
info
|
0.6
info
|
|
Inactivity Fee info
|
No
|
No
|
|
Order execution: Agency info
|
No
|
Yes
|
|
Order execution: Market Maker info
|
Yes
|
Yes
|
|
Funding
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Minimum Deposit info
|
$100
|
$20
|
|
PayPal (Deposit/Withdraw) info
|
|
No
|
|
Skrill (Deposit/Withdraw) info
|
|
Yes
|
|
Bank Wire (Deposit/Withdraw) info
|
|
Yes
|
|
Non-wire bank transfer info
|
No
|
No
|
|
Trading Platforms
|
Markets.com |
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
|
Yes
|
No
|
|
MetaTrader 4 (MT4) info
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5) info
|
Yes
|
Yes
|
|
cTrader info
|
No
|
No
|
|
Trading Tools
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
Price Alerts info
|
No
|
Yes
|
|
Charting - Indicators / Studies (Total) info
|
89
|
30
|
|
Charting - Trade From Chart info
|
No
|
Yes
|
|
Charts can be saved info
|
Yes
|
Yes
|
|
Mobile Trading
|
Markets.com |
HYCM (Henyep Capital 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
|
Yes
|
No
|
|
Mobile Charting - Indicators / Studies info
|
(default on MT4, none on Markets app)
|
30
|
|
Mobile Charting - Draw Trendlines info
|
Yes
|
Yes
|
|
Mobile Charting - Trendlines Autosave info
|
No
|
Yes
|
|
Mobile Research - Economic Calendar info
|
No
|
Yes
|
|
Research
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Daily Market Commentary (Articles) info
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources) info
|
Yes
|
Yes
|
|
Autochartist info
|
No
|
No
|
|
Trading Central info
|
No
|
Yes
|
|
TipRanks info
|
No
|
No
|
|
Client sentiment data info
|
Yes
|
No
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
Education
|
Markets.com |
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
|
Markets.com |
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 |
|
HYCM (Henyep Capital Markets) Review
|
|
Overall
|
Markets.com |
HYCM (Henyep Capital Markets) |
|
Overall Rating info
|
|
|
|
Commissions & Fees |
|
|
|
Range of Investments |
|
|
|
Platforms & Tools |
|
|
|
Mobile Trading |
|
|
|
Research |
|
|
|
Education |
|
|
|
Trust Score info
|
93
|
86
|
|
Winner |
check_circle
|
|
|
Review |
|
HYCM (Henyep Capital Markets) Review
|
|
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