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Tickmill vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

Tickmill
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 86
  • Tradeable Symbols (Total): 637
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

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 logoTickmill
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2014 1977
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Tickmill and HYCM both offer spread-only “Classic” accounts and lower-spread “Raw” accounts that add a small commission. For commissions and fees, Tickmill is rated 5 out of 5 stars and ranks #4 of 63, while HYCM earns 4.5 out of 5 stars and ranks #16 of 63.

Tickmill’s Classic account is commission-free but carries wider pricing, averaging about 1.76 pips (August 2023). Its Raw account charges $3 per side per 100,000 units and keeps the entry bar low with a $100 minimum. On EUR/USD, Tickmill lists a typical Raw spread of 0.11 pips (October 2023); after the updated commission, the estimated all-in cost comes to about 0.71 pips. Even with the recent commission increase, Tickmill remains a strong value for active traders thanks to consistently low all-in costs.

HYCM’s Raw account delivers an estimated 0.6-pip all-in cost on EUR/USD, which can edge out Tickmill’s updated Raw pricing on that pair. HYCM’s Classic account starts from 1.2 pips, and it also offers a fixed-spread option at 1.5 pips. In short: HYCM’s Raw pricing can be slightly cheaper on EUR/USD, while Tickmill’s overall fee rating and higher category ranking may appeal to high-volume traders seeking consistently competitive costs.

Feature Tickmill logoTickmill
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $100 $20
Average spread (EUR/USD) - Standard account info 1.70 info 1.2 info
All-in Cost EUR/USD - Active info 0.70 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, both Tickmill and HYCM let you trade forex as CFDs or spot contracts and both offer cryptocurrency CFDs (neither supports buying actual crypto). HYCM features a larger catalog overall with 1,199 tradeable symbols and 70 forex pairs, while Tickmill lists 637 symbols and 63 pairs. A key difference is share dealing: HYCM offers exchange-traded shares on both U.S. and international exchanges, whereas Tickmill does not offer exchange-traded securities.

Tickmill supports copy trading, which HYCM does not. For Range of Investments, ForexBrokers.com rates Tickmill 3.5 out of 5 stars (ranked 43rd of 63 brokers) and HYCM 4 out of 5 stars (ranked 34th of 63). In short, HYCM suits traders seeking more markets and access to listed shares, while Tickmill appeals if copy trading is a priority.

Feature Tickmill logoTickmill
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 637 1199
Forex Pairs (Total) info 63 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Comparing Tickmill vs HYCM (Henyep Capital Markets) for trading platforms and tools, both brokers support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with access via Windows desktop downloads and web-based platforms. Each lets you trade directly from charts and provides a free demo account for paper trading. A key difference is that HYCM also offers its own proprietary platform, while Tickmill focuses on third-party platforms.

Tickmill includes copy trading, whereas HYCM does not. Indicator counts and watchlist fields depend on the platform you choose (MT4/MT5). In ForexBrokers.com’s Trading Platforms & Tools category, both earned 4 stars; Tickmill ranks #30 of 63 brokers and HYCM ranks #41. Choose Tickmill if copy trading and a slightly higher category ranking matter most, or pick HYCM if you want a broker-built platform alongside MetaTrader.

Feature Tickmill logoTickmill
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 91 30
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

Tickmill and HYCM both offer mobile trading apps for iPhone and Android, making it easy to manage trades on the go. Each app supports price alerts and delivers strong charting with 30 technical studies, plus the ability to draw trendlines. Your chart drawings auto-save in both apps, so you won’t lose your work. One notable gap for both brokers is watchlist syncing—changes made on mobile don’t carry over to your online account.

In terms of quality scores, both Tickmill and HYCM earn 4 out of 5 stars for their mobile trading apps. However, Tickmill holds a higher position in ForexBrokers.com’s rankings, coming in at #30 out of 63 brokers, while HYCM is #38. If rankings matter to you, Tickmill has a slight edge, but feature-wise these mobile apps are very similar and well-suited to everyday trading needs.

Feature Tickmill logoTickmill
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

Tickmill and HYCM (Henyep Capital Markets) both provide daily market commentary, top-tier forex news (from sources like Bloomberg/Reuters/Dow Jones), and an economic calendar. The key differences: HYCM includes Trading Central analysis, while Tickmill does not. Tickmill offers a sentiment tool that shows long/short positioning across instruments, which HYCM lacks. Tickmill also integrates Acuity Trading tools (such as Signal Centre), whereas HYCM does not. Neither broker offers Autochartist or TipRanks.

In independent ratings, Tickmill scores 4 stars and ranks #21 out of 63 brokers for research, while HYCM scores 3.5 stars and ranks #36. Pick Tickmill if you want sentiment data and Acuity Trading insights alongside daily commentary and premium news. Choose HYCM if Trading Central’s analysis is a priority, together with daily commentary, quality news, and an easy-to-read calendar.

Feature Tickmill logoTickmill
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 No No
Trading Central info No Yes
Client sentiment data info Yes No
TipRanks info No No
Acuity Trading info Yes No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners comparing forex and CFD education, both Tickmill and HYCM provide a solid starting point with 10+ beginner-focused video lessons. Tickmill goes further for new traders by hosting monthly educational webinars and offering 10+ advanced videos that help you progress beyond the basics. HYCM also has plenty of beginner videos but does not run monthly webinars and falls short on advanced video depth, making it better suited to those who want a straightforward video library without live classes.

Independent ratings reflect this gap: Tickmill scores 4 out of 5 stars for Education and ranks 15th out of 63 brokers on ForexBrokers.com, while HYCM earns 3.5 stars and ranks 32nd. If you value ongoing webinars and a path into advanced topics, Tickmill is the stronger choice; if you only need beginner videos to get started, HYCM will cover the essentials.

Feature Tickmill logoTickmill
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 Tickmill is better than HYCM (Henyep Capital Markets). Tickmill finished with an overall rank of #22, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.

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 logoTickmill
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 86 86
Range of Investments 3.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 4/5 Stars

FAQs

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

Tickmill and HYCM (Henyep Capital Markets) are online brokers that do not support buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.

What funding options does each broker offer?

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.

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Overall Rating Tickmill HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 3.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 86 86
Winner check_circle
Review Tickmill Review HYCM (Henyep Capital Markets) Review
Broker Screenshots Tickmill HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
Tickmill MT5 mobile trading app charts Proprietary trading platform, Tickmill Trader Tickmill EU market sentiment data. Tickmill education videos YouTube The T Show playlist.
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation Tickmill HYCM (Henyep Capital Markets)
Trust Score info 86 86
Year Founded info 2014 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 2 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Tickmill HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No 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 No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Tickmill HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Tickmill HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 637 1199
Forex Pairs (Total) info 63 70
U.S. Stocks (Shares) info No Yes
Global Stocks (Non-U.S. Shares) info No Yes
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 info 1.70 info 1.2 info
All-in Cost EUR/USD - Active info 0.70 info 0.6 info
Inactivity Fee info No No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding Tickmill HYCM (Henyep Capital Markets)
Minimum Deposit info $100 $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 Tickmill HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools Tickmill HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 91 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Tickmill 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 Tickmill HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education Tickmill 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 Tickmill 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 Tickmill Review HYCM (Henyep Capital Markets) Review
Overall Tickmill HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 5/5 Stars 4.5/5 Stars
Range of Investments 3.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 4/5 Stars
Trust Score info 86 86
Winner check_circle
Review Tickmill Review HYCM (Henyep Capital Markets) Review
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