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Plus500 vs HYCM (Henyep Capital Markets) 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of Plus500 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.

Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €50 info
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 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

Plus500 and HYCM (Henyep Capital Markets) are online brokers with different trust and regulatory profiles. Plus500, founded in 2008, is publicly traded; HYCM, founded in 1977, is privately held. Neither is a bank. ForexBrokers.com rates trust on a 0–99 scale: 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. Plus500 scores 99 (highly trusted), while HYCM scores 85 (trusted).

In terms of oversight, Plus500 holds 7 Tier-1 licenses (highly trusted regulators) and 4 Tier-2 licenses (trusted regulators). HYCM holds 2 Tier-1 and 1 Tier-2 license. This means Plus500 has broader top-tier regulatory coverage and the highest possible Trust Score, while HYCM remains a trusted option with fewer licenses.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2008 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 7 2
Tier-2 Licenses info 4 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

When it comes to commissions and fees, HYCM (Henyep Capital Markets) generally offers better value than Plus500. HYCM’s Raw account has a competitive all-in EUR/USD cost of about 0.6 pips after commission, while its Classic account starts from 1.2 pips and its fixed-spread account is listed at 1.5 pips. Plus500’s pricing is a bit above the industry average, with EUR/USD spreads averaging 1.5 pips in April 2024, and it does not offer discounts for retail traders. It may, however, provide cash rebates for clients who qualify as Professional customers.

Based on ForexBrokers.com ratings, Plus500 earns 4.0 out of 5 stars for commissions and fees and ranks #24 out of 36 brokers. HYCM scores higher with 4.5 out of 5 stars and ranks #18 out of 36. In simple terms, HYCM is the stronger choice for lower-cost trading, while Plus500 is still a solid option but tends to be pricier for active forex traders.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info €50 info $20
Average spread (EUR/USD) - Standard account info 1.3 info 1.3 info
All-in Cost EUR/USD - Active info 1.3 info 0.6 info
Non-wire bank transfer info No 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

When it comes to investment choice, Plus500 offers a wider menu than HYCM (Henyep Capital Markets). Plus500 lists 5,500 tradeable symbols, compared with HYCM’s 1,199, and it also provides access to 65 forex pairs versus HYCM’s 70. Both brokers let clients trade forex as CFDs or spot contracts, and both offer exchange-traded securities on U.S. and international exchanges, so investors can buy real shares such as Apple or Vodafone.

For crypto and other extra features, the two brokers are very similar. Neither offers copy trading or the ability to buy actual cryptocurrency, but both do offer cryptocurrency CFDs. Based on range of investments, Plus500 is rated 4.5 out of 5 stars and ranks #16 out of 36 brokers at ForexBrokers.com, while HYCM is rated 4 out of 5 stars and ranks #27, making Plus500 the stronger pick for traders who want more choice overall.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1199
Forex Pairs (Total) info 65 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info No 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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

Plus500 and HYCM both give traders a free demo account, a web-based platform, and their own proprietary trading platform. Neither broker offers copy trading, but HYCM has a wider range of platform choices overall because it also supports both MetaTrader 4 and MetaTrader 5, plus a Windows desktop download platform. HYCM also lets users trade directly from charts, which can be helpful for active traders. Plus500, by comparison, keeps things simpler and focuses more on its browser-based setup.

In terms of trading platforms and tools, Plus500 is rated 4.5 out of 5 stars and ranks #14 out of 36 brokers, while HYCM is rated 4 out of 5 stars and ranks #32. For traders who want more platform options and advanced features, HYCM may have the edge. For those who prefer a straightforward platform experience with a strong overall rating, Plus500 is also a solid choice.

Feature Plus500 logoPlus500
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 No Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes

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

Forex trading apps

Both Plus500 and HYCM (Henyep Capital Markets) offer mobile trading apps for iPhone and Android, and both include stock or forex price alerts plus the ability to draw trendlines on charts. That means either broker gives traders the basic tools they need to follow the market and manage trades on the go. Still, Plus500 stands out in a few key areas, especially for users who want more charting options and better mobile features overall.

Plus500 offers watchlist syncing between its mobile app and online account, so changes stay up to date across devices, while HYCM does not. Plus500 also provides 115 technical studies in its mobile charting tools, compared with 30 at HYCM. HYCM does have one advantage here because its app can auto-save chart drawings, but Plus500 earns a higher mobile trading app rating at 4.5 stars versus HYCM’s 4 stars, and it also ranks higher with ForexBrokers.com, placing 14th out of 36 brokers compared with HYCM’s 30th place.

Feature Plus500 logoPlus500
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 Yes No
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

Plus500 and HYCM both give traders useful market research basics, including daily market commentary, Trading Central tools, and an economic calendar that tracks major global events. Both also come up short in a few areas, as neither offers Autochartist, TipRanks, or Acuity Trading tools.

The main difference is that HYCM adds forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, while Plus500 does not. Plus500 also stands out with a sentiment tool that shows long and short positioning across markets. Overall, Plus500 scores higher for research at 4.5 out of 5 and ranks #16 out of 36 brokers, compared with HYCM’s 3.5 out of 5 and #29 ranking.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central info Yes 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

When it comes to beginner education, Plus500 has the edge over HYCM (Henyep Capital Markets). Plus500 offers forex and CFD learning materials, runs online educational webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. HYCM also offers at least 10 beginner trading videos and forex or CFD education, but it does not hold monthly webinars and does not appear to offer 10 or more advanced videos for experienced traders.

Overall, Plus500 is the stronger pick for new traders who want more ways to learn, especially through regular webinars and a wider video library. That difference shows up in ratings too: Plus500 scores 4.5 out of 5 for Education and ranks #26 out of 36 brokers on ForexBrokers.com, while HYCM scores 3.5 out of 5 and ranks #27. For beginners comparing online broker education, Plus500 offers the more complete learning setup.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Webinars info Yes info 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 Plus500 is better than HYCM (Henyep Capital Markets). Plus500 finished with an overall rank of #14, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 99 85
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Fees 4.0/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.0/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Plus500 or HYCM (Henyep Capital Markets)?

Both online brokers Plus500 and HYCM (Henyep Capital Markets) do not allow buying actual (delivered) cryptocurrencies, but they both offer cryptocurrency CFDs for trading.

What funding options does each broker offer?

Comparing payment methods for deposits and withdrawals, Plus500 and HYCM (Henyep Capital Markets) both do not support ACH/SEPA and both support Skrill and bank wire transfers, but only Plus500 supports PayPal, while Visa/Mastercard availability is not specified for either broker.

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Overall Rating Plus500 HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.0/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 4/5 Stars
Trust Score info 99 85
Winner check_circle
Review Plus500 Review HYCM (Henyep Capital Markets) Review
Broker Screenshots Plus500 HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
Plus500 mobile app charts. Plus500 trading platform EURUSD Plus500 web platform market news analysis articles. Plus500 webinars with Corellian Academy YouTube video playlist
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation Plus500 HYCM (Henyep Capital Markets)
Trust Score info 99 85
Year Founded info 2008 1977
Publicly Traded (Listed) info Yes 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 4 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) Plus500 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 No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Plus500 HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or CMA Authorised) info Yes info Yes
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info
Investments Plus500 HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1199
Forex Pairs (Total) info 65 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info No 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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 Plus500 HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 1.3 info 1.3 info
All-in Cost EUR/USD - Active info 1.3 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding Plus500 HYCM (Henyep Capital Markets)
Minimum Deposit info €50 info $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 No No
Trading Platforms Plus500 HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools Plus500 HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading Plus500 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 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info Yes Yes
Research Plus500 HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education Plus500 HYCM (Henyep Capital Markets)
Webinars info Yes info No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Plus500 HYCM (Henyep Capital Markets)
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes info Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Plus500 Review HYCM (Henyep Capital Markets) Review
Overall Plus500 HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.0/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 4/5 Stars
Trust Score info 99 85
Winner check_circle
Review Plus500 Review HYCM (Henyep Capital Markets) Review
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