menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

OANDA vs HYCM (Henyep Capital Markets) 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of OANDA 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.

OANDA
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 92
  • Tradeable Symbols (Total): 4172 info
HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 85
  • Tradeable Symbols (Total): 1199

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

OANDA vs HYCM: ForexBrokers.com’s Trust Score scale rates 90–99 as highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. OANDA scores 92 (highly trusted), while HYCM scores 85 (trusted).

OANDA was founded in 1996 and HYCM in 1977. Neither broker is publicly traded or a bank. For regulation, OANDA holds seven Tier-1 (highly trusted) licenses and zero Tier-2 (trusted) licenses; HYCM holds two Tier-1 licenses and one Tier-2 license. Both are well regulated, with OANDA carrying more top-tier coverage.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 1996 1977
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 7 2
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When comparing OANDA vs HYCM (Henyep Capital Markets) on commissions and fees, HYCM comes out ahead overall. OANDA’s trading costs are generally on the high side, with average spreads that can be more expensive than many top brokers. Its core pricing can lower spreads, but it adds commission, and the lower-cost option requires a $10,000 minimum deposit. OANDA does offer very small trade sizes and rebate perks for active traders, but its pricing is not the cheapest choice for most forex traders. OANDA’s commissions and fees rating is 4 stars, and it ranks #30 out of 36 brokers.

HYCM offers a more budget-friendly setup for many traders. Its Raw account has an all-in EUR/USD cost of about 0.6 pips after commission, which is far lower than OANDA’s typical pricing. HYCM’s Classic account starts from 1.2 pips, while its fixed-spread account is 1.5 pips, giving traders a few clear pricing options depending on their style. HYCM earns a stronger 4.5-star rating for commissions and fees and is ranked #18 out of 36 brokers.

In short, if keeping trading costs low is your main goal, HYCM is the better pick for commissions and fees. OANDA may still appeal to traders who value its execution and very small minimum trade size, but HYCM’s lower all-in costs and higher category ranking make it the more competitive choice on price.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $0 $20
Average spread (EUR/USD) - Standard account info 1.68 info 1.3 info
All-in Cost EUR/USD - Active info 1.69 info 0.6 info
Non-wire bank transfer info Yes info No
PayPal (Deposit/Withdraw) info Yes 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

OANDA offers a wider range of investments than HYCM (Henyep Capital Markets) overall, with 4,172 tradeable symbols compared with 1,199. Both brokers support forex trading as CFDs or spot contracts, and each provides access to U.S. and international exchange-traded securities, so clients can buy real shares such as Apple or Vodafone. That said, OANDA lists 69 forex pairs, while HYCM offers slightly more at 70, making their forex selection very similar.

Where OANDA stands out is in extra product choice: it supports copy trading and lets clients buy actual cryptocurrency as well as crypto CFDs, while HYCM offers crypto CFDs only and does not support copy trading. Reflecting this broader selection, OANDA is rated 4.5 out of 5 for Range of Investments and ranks #20 out of 36 brokers, while HYCM is rated 4 out of 5 and ranks #27.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 4172 info 1199
Forex Pairs (Total) info 69 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes info No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info Yes info 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

OANDA and HYCM (Henyep Capital Markets) both give traders a solid range of platform choices, including a free demo account for practice, a proprietary in-house platform, Windows desktop software, a web-based trading platform, and support for both MetaTrader 4 and MetaTrader 5. Each broker also lets users trade directly from charts, which can make placing orders quicker and easier for active traders. For trading platforms and tools, both are rated 4 out of 5 stars by ForexBrokers.com.

Where OANDA stands out is copy trading, which HYCM does not offer. That extra feature may appeal to beginners or anyone who wants to follow other traders’ strategies. In ForexBrokers.com’s platform and tools ranking, OANDA places higher at #16 out of 36 brokers, while HYCM comes in at #32, giving OANDA the edge overall in this category.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (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 info No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info Yes
Charting - Indicators / Studies (Total) info 89 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

OANDA and HYCM (Henyep Capital Markets) both make it easy to trade on the go, since each broker offers iPhone and Android apps. In both mobile apps, traders can set stock or forex price alerts, use 30 technical studies for charting, draw trendlines, and have those drawings auto-saved. One drawback for both is that watchlists do not sync between the mobile app and the online account, so updates made in one place will not carry over to the other.

Where the two brokers differ most is in overall mobile app quality and industry ranking. OANDA is rated 5 stars for Mobile Trading Apps and ranks #7 out of 36 brokers at ForexBrokers.com, while HYCM is rated 4 stars and ranks #30. For traders who want a stronger-rated mobile trading experience, OANDA has the edge, even though both apps offer a similar core set of features.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing OANDA and HYCM (Henyep Capital Markets) for market research, both brokers provide useful everyday tools such as daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking global events. Where OANDA stands out is in its wider research mix: it includes Autochartist tools and a sentiment gauge that shows long-versus-short positioning across markets. HYCM, on the other hand, offers Trading Central research tools, which OANDA does not.

Overall, OANDA has the edge for research, earning 5 stars and ranking #4 out of 36 brokers in ForexBrokers.com’s research category, while HYCM is rated 3.5 stars and ranks #29. For traders who want a broader set of market research features, OANDA may be the stronger choice, while HYCM still covers the basics well and adds Trading Central for chart and trade ideas.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes 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 for trading education, OANDA comes out ahead of HYCM (Henyep Capital Markets). OANDA offers forex and CFDs education with at least 10 learning pieces, monthly online client webinars, and more than 10 beginner videos plus more than 10 advanced videos for traders who want to keep learning. This wider mix of forex education, CFDs education, and live webinars makes OANDA a stronger pick for newcomers who want ongoing support and easy-to-follow learning content.

HYCM also provides beginner trading videos and does offer forex or CFDs education, but it falls behind OANDA in a few key areas that matter to new traders. HYCM does not offer monthly educational webinars and does not have at least 10 advanced educational videos, which limits its learning options compared with OANDA. That difference is reflected in their Education scores too: OANDA is rated 5 stars and ranks #18 out of 36 brokers, while HYCM is rated 3.5 stars and ranks #27 out of 36 brokers for education.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than HYCM (Henyep Capital Markets). OANDA finished with an overall rank of #13, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.

Feature OANDA logoOANDA
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 92 85
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Fees 4/5 Stars 4.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with OANDA or HYCM (Henyep Capital Markets)?

In a head-to-head comparison, OANDA offers both actual (delivered) cryptocurrency purchases and cryptocurrency CFDs, while HYCM (Henyep Capital Markets) provides cryptocurrency trading only via CFDs and not as delivered assets.

What funding options does each broker offer?

In the OANDA vs HYCM (Henyep Capital Markets) comparison of deposit and withdrawal methods, OANDA supports ACH/SEPA transfers, PayPal, Skrill, and bank wires, while HYCM supports Skrill and bank wires but not ACH/SEPA or PayPal; card options are not specified for either broker.

More Comparisons

OANDA vs Questrade OANDA vs FP Markets OANDA vs Pepperstone OANDA vs Vantage OANDA vs FOREX.com OANDA vs HFM HYCM (Henyep Capital Markets) vs Vantage HYCM (Henyep Capital Markets) vs BlackBull Markets HYCM (Henyep Capital Markets) vs FXCM HYCM (Henyep Capital Markets) vs Capital.com HYCM (Henyep Capital Markets) vs ActivTrades HYCM (Henyep Capital Markets) vs CMC Markets

Show all



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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB

Compare

0 of 5
× OANDA
× HYCM (Henyep Capital Markets)
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating OANDA HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 92 85
Winner check_circle
Review OANDA Review HYCM (Henyep Capital Markets) Review
Broker Screenshots OANDA HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
OANDA fxTrade mobile trading app charting OANDA Trade web platform. OANDA's website features research in the form of its MarketPulse blog, which includes news, analysis, and articles. The OANDA website's educational hub features webinars and videos covering current events and financial analysis.
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation OANDA HYCM (Henyep Capital Markets)
Trust Score info 92 85
Year Founded info 1996 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 7 2
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) OANDA HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No Yes
Japan (FSA Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info Yes 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) OANDA HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or CMA Authorised) info No Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments OANDA HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 4172 info 1199
Forex Pairs (Total) info 69 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes info No
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info Yes info 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 OANDA HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 1.68 info 1.3 info
All-in Cost EUR/USD - Active info 1.69 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding OANDA HYCM (Henyep Capital Markets)
Minimum Deposit info $0 $20
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes info No
Trading Platforms OANDA 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 info No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info Yes
cTrader info No No
Trading Tools OANDA HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 89 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading OANDA 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 No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research OANDA HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central info No Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education OANDA 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 OANDA 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 OANDA Review HYCM (Henyep Capital Markets) Review
Overall OANDA HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 92 85
Winner check_circle
Review OANDA Review HYCM (Henyep Capital Markets) Review
arrow_upward

close
navigate_before navigate_next