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Plus500 vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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: 86
  • 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 are two well-established online brokers, catering to a wide range of trading needs. Plus500, founded in 2008, stands out with a remarkable Trust Score of 99 on ForexBrokers.com, indicating a high level of trust. The company is publicly traded, which further enhances its transparency and credibility. It holds 6 Tier-1 licenses, considered highly trusted, and 3 Tier-2 licenses, marking it as a secure choice for traders. While not a bank, Plus500’s solid regulatory framework reflects its commitment to providing a dependable trading environment.

HYCM (Henyep Capital Markets), established in 1977, boasts a long history in the financial markets. Its Trust Score of 86 suggests a trusted platform, although it does not match the higher trust level of Plus500. HYCM is not publicly traded, which may be a consideration for some traders. The broker holds 2 Tier-1 licenses and 1 Tier-2 license, showcasing a credible but more modest regulatory backing compared to Plus500. As with Plus500, HYCM is not a bank, but its decades-long presence underscores its position as a reliable broker.

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 6 2
Tier-2 Licenses info 3 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

Plus500’s commissions and fees are slightly above the industry average. For April 2024, the EUR/USD spread averaged 1.5 pips, which trails the most competitive active-trader pricing offered by brokers like IG or Saxo. Plus500 does not offer retail discounts, though Professional clients may qualify for cash rebates. Rating: 4.0/5 stars; ForexBrokers.com Commissions and Fees ranking: #24 of 63.

HYCM (Henyep Capital Markets) delivers more flexible pricing. Its Raw account posts an all-in cost of about 0.6 pips on EUR/USD after commission, while the Classic account has variable spreads starting from 1.2 pips. HYCM also provides a fixed-spread option at 1.5 pips. Rating: 4.5/5 stars; ForexBrokers.com Commissions and Fees ranking: #16 of 63.

Bottom line: If low spreads are the priority—especially for active trading—HYCM’s Raw account is cheaper than Plus500’s 1.5-pip average on EUR/USD. Traders who prefer simple, spread-only pricing may lean toward Plus500, keeping in mind costs are a bit above average and retail discounts aren’t available (rebates apply only to Professional clients).

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 1.2 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

Comparing the range of investments, Plus500 lists about 5,500 tradeable symbols, while HYCM (Henyep Capital Markets) offers around 1,199. Both brokers let you trade forex via CFDs or spot contracts; Plus500 has 65 currency pairs, and HYCM edges it with 70. Each broker supports cryptocurrency CFDs but does not support buying actual crypto. You can buy exchange-traded shares (not CFDs) on both U.S. and international exchanges with either broker, and neither offers copy trading.

For overall variety, Plus500 stands out and earns 4.5 out of 5 stars for Range of Investments, ranking 22nd out of 63 brokers. HYCM scores 4 out of 5 stars and ranks 34th, though it appeals to traders who prioritize a slightly wider list of forex pairs while still having access to U.S. and international stocks.

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 (Henyep Capital Markets) both offer free demo (paper) trading and in-house platforms you can use in a web browser. The key differences are in platform variety: HYCM provides a Windows desktop download and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Plus500 does not offer a desktop download and does not support MT4 or MT5. Neither broker offers copy trading.

For charting workflows, HYCM lets you place trades directly from a chart; Plus500 does not. If you want MT4/MT5 and a downloadable desktop option, HYCM may fit better. If you prefer a streamlined, browser-based experience with a highly rated proprietary platform, Plus500 stands out. According to ForexBrokers.com, Plus500 is rated 4.5/5 stars and ranks #14 of 63 for Trading Platforms and Tools, while HYCM is rated 4/5 stars and ranks #41.

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

Plus500 and HYCM (Henyep Capital Markets) both offer iPhone and Android trading apps with stock and forex price alerts and the ability to draw trendlines on charts. A key difference is watchlist syncing: Plus500 syncs your mobile watchlists with your online account, while HYCM does not. HYCM, however, auto-saves your chart drawings, which Plus500 does not—useful if you often mark up charts on your phone.

For charting depth, Plus500 provides 115 technical studies in its mobile app versus HYCM’s 30, giving you far more indicator options. Ratings and rankings also favor Plus500: it earns 4.5 stars and ranks #14 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while HYCM holds 4 stars and ranks #38. Choose Plus500 if you want more indicators and synced watchlists across devices; pick HYCM if automatic saving of chart drawings is your priority and you prefer a simpler setup.

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 vs HYCM (Henyep Capital Markets) for market research: both brokers provide daily market commentary, Trading Central tools, and an economic calendar. HYCM offers integrated forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, while Plus500 does not include a premium news feed. Neither broker features Autochartist, TipRanks, or Acuity Trading tools.

For added insight, Plus500 includes a sentiment tool showing the ratio of long and short positions across instruments; HYCM does not offer sentiment data. According to ForexBrokers.com, Plus500 is rated 4.0/5 for Research and ranks 19th out of 63 brokers, whereas HYCM is rated 3.5/5 and ranks 36th, giving Plus500 a slight overall edge in market research.

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

For beginners exploring forex and CFD education, Plus500 and HYCM (Henyep Capital Markets) both provide sizable beginner video libraries with at least 10 videos that explain core trading concepts in simple terms. Plus500 also runs monthly client webinars, giving newcomers a chance to learn live and ask questions, while HYCM does not currently host ongoing educational webinars.

As you move beyond the basics, Plus500 offers at least 10 advanced videos for experienced traders, whereas HYCM falls short on advanced coverage. That gap is reflected in independent reviews: Plus500 earns 4.0 stars for Education and ranks 31st out of 63 brokers at ForexBrokers.com, while HYCM scores 3.5 stars and ranks 32nd. If you want beginner content plus live sessions and a clearer path to more advanced topics, Plus500 edges ahead; if you mainly want beginner videos, HYCM can still get you started.

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 #29.

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 86
Range of Investments 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.0/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.0/5 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
Commissions & Fees 4.0/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 4/5 Stars
Trust Score info 99 86
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 86
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 6 2
Tier-2 Licenses info 3 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 No 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 SCA Authorised) info Yes info Yes
India (SEBI Authorised) info No 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 1.2 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
Commissions & Fees 4.0/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.0/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 4/5 Stars
Trust Score info 99 86
Winner check_circle
Review Plus500 Review HYCM (Henyep Capital Markets) Review
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