Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Moneta 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.
When comparing the regulatory credentials of HYCM (Henyep Capital Markets) and Moneta Markets, several key differences stand out. HYCM, established in 1977, boasts a Trust Score of 86 from ForexBrokers.com, placing it within the 'trusted' category. This broker holds two Tier-1 licenses, which are regarded as the gold standard for reliability, and one Tier-2 license, adding to its credibility. Despite not being publicly traded or a bank, HYCM's long history and dual Tier-1 licenses reinforce its authoritative presence in the online trading industry.
Founded in 2009, Moneta Markets is also a private entity but holds a single Tier-1 license alongside a Tier-2 license, marking its operational trust within the 'average risk' category with a ForexBrokers.com Trust Score of 79. While Moneta Markets commenced more recently than HYCM, it still maintains important regulatory licenses that signify a standard level of trustworthiness for traders. Both brokers provide secure trading environments, yet HYCM’s more extensive licensing suggests a higher degree of assurance for clients seeking regulated trading partners.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1977 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, HYCM (Henyep Capital Markets) and Moneta Markets are closely matched in ratings but differ in structure and typical costs. HYCM holds a 4.5-star rating and ranks #16 out of 63 for Commissions and Fees at ForexBrokers.com, while Moneta Markets also earns 4.5 stars and ranks #17 out of 63.
HYCM offers three pricing setups. Its Raw account is the sharpest for active traders, with an all-in cost around 0.6 pips on EUR/USD after commission. The Classic account uses variable spreads starting from 1.2 pips, and the fixed-spread account lists a steady 1.5 pips, giving cost certainty at the expense of flexibility.
Moneta Markets’ pricing depends on account type. The commission-free Direct STP account averaged 1.38 pips on EUR/USD in August 2023. The Prime ECN account averaged 0.194 pips plus a $6 round-trip commission per standard lot, for an all-in cost near 0.79 pips—slightly below the industry average. For larger deposits, the Ultra ECN account cuts commission to $2 round-trip ($1 per side) but requires $20,000. Overall, Moneta’s pricing is competitive, though it generally trails the very lowest-cost leaders.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $20 | $50 |
| Average Spread EUR/USD - Standard | 1.2 | 1.38 |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) and Moneta Markets both support forex trading via CFDs or spot contracts. HYCM offers a wider lineup with 1,199 tradeable symbols and 70 forex pairs, compared to Moneta Markets’ 1,016 symbols and 45 pairs. Both brokers provide access to cryptocurrency through derivatives, but neither allows buying the actual coins.
When it comes to stocks, HYCM lets clients buy exchange-traded securities on U.S. and international exchanges, while Moneta Markets does not offer exchange-traded shares. Moneta Markets supports copy trading; HYCM does not. For Range of Investments, both earn 4 out of 5 stars from ForexBrokers.com, with HYCM ranked 34th out of 63 brokers and Moneta Markets ranked 36th.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 1016 |
| Forex Pairs (Total) | 70 | 45 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
HYCM (Henyep Capital Markets) and Moneta Markets both provide free demo accounts, web platforms, and Windows desktop platforms, plus MetaTrader 4 and MetaTrader 5. The key difference: HYCM also offers its own proprietary platform, while Moneta Markets sticks to third-party options. For social and automated strategies, Moneta supports copy trading and DupliTrade, whereas HYCM does not. Both brokers let you place trades directly from charts.
For charting extras, Moneta Markets lists 78 drawing tools compared with HYCM’s 15, while HYCM offers more watchlist fields (7 vs 4). Both earn 4 out of 5 stars for Trading Platforms and Tools, though Moneta ranks higher overall in the category (#34 of 63) than HYCM (#41 of 63). Pick HYCM if you want an in-house platform and fuller watchlist fields; choose Moneta Markets if copy trading and a wider set of drawing tools matter more.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 105 |
| Charting - Drawing Tools (Total) | 15 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and Moneta Markets both offer full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, real-time quote watchlists, 30 technical studies for charting, drawing tools like trendlines, multiple time frames (daily, weekly, intraday), and auto-saving of chart drawings—making it easy to pick up where you left off.
The standout difference is watchlist syncing: Moneta Markets syncs your watchlists between the mobile app and your online account, while HYCM does not. Both apps earn 4 out of 5 stars for mobile trading, with ForexBrokers.com ranking Moneta Markets slightly higher at #36 versus HYCM at #38 out of 63 brokers.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
HYCM (Henyep Capital Markets) and Moneta Markets both cover the key essentials for market research. Each offers daily market commentary, top-tier forex news from sources like Bloomberg/Reuters/Dow Jones, and an economic calendar. Both brokers also provide Trading Central research tools. On the flip side, neither broker includes Autochartist, TipRanks, or Acuity Trading integrations.
The standout difference is sentiment: Moneta Markets offers a tool that shows the long/short positioning across instruments, while HYCM does not. In independent assessments, HYCM is rated 3.5 out of 5 stars for research and ranks #36 out of 63 brokers, whereas Moneta Markets earns 4 out of 5 stars and ranks #33 out of 63. If a built-in sentiment gauge matters to you, Moneta Markets has the edge; if not, both deliver similar research coverage.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners from HYCM (Henyep Capital Markets) and Moneta Markets, both online brokers offer at least ten educational materials, including articles, videos, and archived webinars, focusing on forex and CFDs. They both provide a searchable archive of past webinars even though they do not host monthly live educational webinars. Moreover, both brokers have extensive investor dictionaries that define over 50 investing terms, making it easier for novices to learn the trading lingo. For beginners, each platform provides at least ten educational videos to cover essential trading topics that are easy to grasp, helping new investors gain a basic understanding of trading concepts.
However, a notable difference is that while HYCM does not provide a suite of advanced educational videos, Moneta Markets excels by offering more than ten videos aimed at experienced traders. This broader range of educational content likely contributes to Moneta Markets receiving a higher education rating of four stars compared to HYCM’s 3.5 stars. Interestingly, despite Moneta Markets' edge in advanced resources, its ranking in the education category by ForexBrokers.com is one spot lower, at 33, compared to HYCM's rank of 32 out of 63 brokers, indicating that HYCM might have other educational strengths that bolster its overall standing.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than Moneta Markets. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Moneta Markets 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)
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Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 79 |
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Both HYCM (Henyep Capital Markets) and Moneta Markets do not provide the option to purchase actual delivered cryptocurrencies; however, they both offer the ability to trade cryptocurrency derivatives.
Both HYCM (Henyep Capital Markets) and Moneta Markets provide Visa/Mastercard and bank wire options for depositing and withdrawing funds, but only HYCM supports Skrill, while neither broker offers ACH, SEPA, or PayPal 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 | HYCM (Henyep Capital Markets) | Moneta Markets | |
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| Trust Score | 86 | 79 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Moneta Markets Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Moneta Markets | |
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| Regulation | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Trust Score | 86 | 79 | |
| Year Founded | 1977 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 1016 | |
| Forex Pairs (Total) | 70 | 45 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $20 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 4 | |
| Charting - Indicators / Studies (Total) | 30 | 105 | |
| Charting - Drawing Tools (Total) | 15 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | HYCM (Henyep Capital Markets) Review | Moneta Markets Review |
| Overall | HYCM (Henyep Capital Markets) | Moneta Markets | |
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| Trust Score | 86 | 79 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Moneta Markets Review |
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