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 account | 1.2 | 1.38 |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
HYCM (Henyep Capital Markets) and Moneta Markets both let you trade forex either as CFDs or as spot contracts. HYCM offers a wider selection overall, with 1,199 tradeable symbols and 70 forex pairs, compared to Moneta Markets’ 1,016 symbols and 45 forex pairs. Each broker also supports cryptocurrency trading via CFDs, but neither lets you buy actual crypto for delivery.
If you want access to real stocks, HYCM stands out: it offers exchange-traded shares on both U.S. and international exchanges, while Moneta Markets does not offer exchange-traded shares. On the flip side, Moneta Markets supports copy trading, whereas HYCM does not. For Range of Investments, both earn 4 out of 5 stars from ForexBrokers.com; in the category rankings, HYCM is placed 34th out of 63 brokers and Moneta Markets 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. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 deliver familiar choices like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus web and Windows desktop platforms, and each lets you place trades directly from charts. Both offer free demo (paper) accounts to practice. A key difference is platform variety: HYCM adds a proprietary, in-house platform, while Moneta Markets does not. On the other hand, Moneta Markets supports copy trading, which HYCM does not—useful if you want to mirror other traders’ strategies.
For trading platforms and tools, both brokers earn 4 out of 5 stars. In category rankings, Moneta Markets sits at #34 out of 63, while HYCM is #41 out of 63. If you value having a broker’s own platform alongside MT4/MT5, HYCM may appeal. If copy trading is a priority, Moneta Markets has the edge. With demo accounts available at both, it’s easy to try each platform before funding a live account.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 105 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing the mobile trading apps from HYCM (Henyep Capital Markets) and Moneta Markets, both brokers offer iPhone and Android apps with stock or forex price alerts, plus capable charting. Each app includes 30 technical studies, lets you draw trendlines, and auto-saves your chart drawings. The key difference is watchlist syncing: HYCM’s mobile watchlists don’t sync with the online platform, while Moneta Markets keeps your watchlists aligned across devices.
Both apps earn 4 stars for Mobile Trading Apps. In ForexBrokers.com’s rankings out of 63 brokers, Moneta Markets places #36 and HYCM ranks #38. If watchlist syncing matters to you, Moneta Markets has a slight edge; otherwise, both apps provide similar core tools for trading on the go.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both HYCM (Henyep Capital Markets) and Moneta Markets provide forex and CFD education with at least 10 pieces of content, and each offers 10+ beginner-friendly trading videos to help newcomers learn the basics. Neither broker runs monthly educational webinars. Where they differ is depth: HYCM’s library focuses more on beginner material and does not include 10+ advanced videos, while Moneta Markets adds a fuller set of advanced videos for traders who want to keep learning beyond the basics.
For quality scores, HYCM earns 3.5 out of 5 stars for Education and is ranked #32 out of 63 brokers by ForexBrokers.com. Moneta Markets earns 4 out of 5 stars and is ranked #33 out of 63. If you want a straightforward starting point, HYCM covers the essentials for beginners. If you expect to progress and want more advanced video lessons as you grow, Moneta Markets could be the better fit. Just note that neither broker offers monthly educational webinars.
| Feature |
HYCM (Henyep Capital Markets)
|
Moneta Markets
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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
|
|---|---|---|
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| Trust Score | 86 | 79 |
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In a HYCM (Henyep Capital Markets) vs Moneta Markets comparison for crypto trading, neither broker supports buying actual delivered cryptocurrency, while both offer cryptocurrency CFD trading.
Comparing HYCM (Henyep Capital Markets) vs Moneta Markets: both do not support ACH or SEPA transfers; HYCM supports Skrill and bank wire deposits/withdrawals but not PayPal, while Moneta Markets’ availability for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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, FSRA, or SCA 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 1.2 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $20 | $50 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 105 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Moneta Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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