Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
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.
Tickmill and HYCM (Henyep Capital Markets) are both reputable online brokers with a solid standing in the industry. Founded in 2014, Tickmill has quickly established itself as a credible player, while HYCM has been in business since 1977, showcasing decades of experience. Neither Tickmill nor HYCM are publicly traded companies, nor do they operate as banks, making them focused specifically on brokerage services. Their credibility is highlighted by the fact that each holds two Tier-1 licenses, which are highly trusted, and while Tickmill has two Tier-2 licenses, HYCM has one, both demonstrating their commitment to adhering to trusted regulatory standards.
When it comes to the Trust Score by ForexBrokers.com, both brokers share an impressive score of 86 out of 99, placing them in the 'trusted' category between the range of 80 to 89. This indicates a strong level of trust among their clients. For those looking to choose between these two, it's evident that both brokers offer a dependable platform backed by strong regulation, making either a valid choice for traders prioritizing security alongside their trading needs.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2014 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Comparing commissions and fees, Tickmill earns 5/5 stars and is ranked #10 out of 63 brokers by ForexBrokers.com for this category, while HYCM (Henyep Capital Markets) scores 4.5/5 stars and ranks #18/63. Both offer a choice of account types aimed at different trading styles, but their pricing differs once you factor in spreads and per-trade commissions.
For active traders, the Raw account is the key. Tickmill’s Raw account charges $3 per side per standard lot (100,000 units) and lists a typical EUR/USD spread of 0.11 pips. After adding the round-turn commission (equivalent to 0.6 pips), Tickmill’s all-in cost comes to about 0.71 pips; the minimum to open this account is $100. HYCM’s Raw account posts an all-in cost around 0.6 pips on EUR/USD after commission, which is slightly lower than Tickmill’s updated all-in figure.
If you prefer no commission, Tickmill’s Classic account is spread-only with an average of 1.76 pips (as of August 2023). HYCM’s Classic account has a variable spread starting from 1.2 pips, and it also offers a fixed-spread option at 1.5 pips. In short: HYCM edges Tickmill on Raw account all-in pricing for EUR/USD, while Tickmill’s overall fee reputation and 5-star rating still make it a strong pick for cost-conscious traders who value low typical spreads and clear commission terms.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average spread (EUR/USD) - Standard account | 1.70 | 1.3 |
| All-in Cost EUR/USD - Active | 0.70 | 0.6 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Tickmill to HYCM (Henyep Capital Markets) for range of investments, HYCM offers a wider lineup with 1,199 tradeable symbols and 70 forex pairs, while Tickmill lists 637 symbols and 63 forex pairs. Both brokers support forex trading as CFDs or spot. In ForexBrokers.com’s Range of Investments ratings, HYCM scores 4 stars and ranks #27 out of 63 brokers, whereas Tickmill earns 3.5 stars and ranks #30.
HYCM also stands out for offering exchange-traded securities, letting clients buy and sell actual U.S. and international shares (not CFDs). Tickmill does not provide exchange-traded stocks. Both brokers offer cryptocurrency CFDs but not delivered crypto. Another key difference: Tickmill supports copy trading, while HYCM does not. Choose HYCM if you want more symbols and access to exchange-traded shares; pick Tickmill if copy trading is a priority alongside a solid range of forex and CFD markets.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 1199 |
| Forex Pairs (Total) | 63 | 70 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | No |
| 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.
Tickmill and HYCM (Henyep Capital Markets) both make it easy to get started with a free demo (paper) account and offer Windows desktop and web-based trading. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and lets you place trades directly from charts. The key difference is that HYCM also provides a proprietary, in-house platform, while Tickmill relies on the MetaTrader platforms. For social features, Tickmill includes copy trading, whereas HYCM does not.
For trading platforms and tools, both brokers earn 4 out of 5 stars from ForexBrokers.com. In that category, Tickmill ranks #24 out of 63 brokers and HYCM ranks #32, giving Tickmill a slight edge overall. Choose Tickmill if copy trading within MT4/MT5 is a priority; choose HYCM if you want the option of a proprietary platform alongside MetaTrader, with both offering web and desktop access plus free demo accounts.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 91 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Tickmill and HYCM both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, 30 built-in technical indicators for charting, and the ability to draw trendlines. Your chart drawings auto-save on both platforms, making it easy to resume analysis across sessions.
Neither broker offers watchlist symbol syncing between the mobile app and the online account. In terms of recognition, both apps earn 4 out of 5 stars for mobile trading. However, Tickmill ranks higher in ForexBrokers.com’s Mobile Trading Apps category, placing 25th out of 63 brokers, while HYCM ranks 30th. If you’re choosing between the two, the feature sets are closely matched, with Tickmill holding a slight edge in category ranking.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Tickmill and HYCM both cover the basics for market research: each offers daily market commentary, forex news from top-tier sources (think Bloomberg, Reuters, or similar), and an economic calendar to track key events. These staples make it easier to follow trends and plan trades without leaving the platform.
The main differences come down to tools. HYCM adds Trading Central for extra technical analysis, while Tickmill answers with a sentiment tool that shows the long/short split across instruments and research from Acuity Trading (including Signal Centre). Neither broker uses Autochartist or TipRanks. In independent ratings, Tickmill scores 4 stars and ranks #19 out of 63 for Research, while HYCM earns 3.5 stars and ranks #29. If you want Trading Central, HYCM may suit you; if you prefer sentiment data and Acuity tools, Tickmill has the edge.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, both Tickmill and HYCM offer forex and CFD education that meets the baseline of at least 10 learning pieces, and each provides 10+ beginner videos. Tickmill goes further with live client webinars held at least once a month, which can help newcomers ask questions in real time. Tickmill also supplies 10+ advanced videos for traders ready to level up, while HYCM covers beginner topics well but doesn’t match that depth and doesn’t run monthly educational webinars.
Independent ratings back this up: Tickmill earns 4 stars for Education and ranks 14th out of 63 brokers at ForexBrokers.com, while HYCM holds 3.5 stars and ranks 27th. If you want ongoing webinars and a clear path from beginner to advanced lessons, Tickmill is the stronger fit. If you mainly want beginner-friendly videos and don’t need live classes or advanced modules, HYCM can still do the job.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than HYCM (Henyep Capital Markets). Tickmill finished with an overall rank of #23, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 86 | 86 |
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Tickmill and HYCM (Henyep Capital Markets) are online brokers that do not support buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
Tickmill vs HYCM: both lack ACH/SEPA but support Skrill and bank wires, Tickmill uniquely offers PayPal while HYCM does not, and Visa/Mastercard availability is not specified for either.
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 | Tickmill | HYCM (Henyep Capital Markets) | |
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| Trust Score | 86 | 86 | |
| Winner | check_circle | ||
| Review | Tickmill Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Tickmill | HYCM (Henyep Capital Markets) | |
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| Regulation | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 86 | 86 | |
| Year Founded | 2014 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 1199 | |
| Forex Pairs (Total) | 63 | 70 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | No | |
| 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 | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.70 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.70 | 0.6 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 91 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| 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 | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Tickmill | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Tickmill Review | HYCM (Henyep Capital Markets) Review |
| Overall | Tickmill | HYCM (Henyep Capital Markets) | |
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| Trust Score | 86 | 86 | |
| Winner | check_circle | ||
| Review | Tickmill Review | HYCM (Henyep Capital Markets) Review |
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