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HYCM (Henyep) vs Tradeo 2023

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Written by ForexBrokers.com

December 27, 2022

Is HYCM (Henyep) better than Tradeo? In our analysis of 23 international regulators across 62 of the best forex brokers, HYCM is considered average-risk, with an overall Trust Score of 86 out of 99. Tradeo is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating HYCM (Henyep) Tradeo
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 86 67
Winner check_circle
Review HYCM (Henyep) Review
Broker Screenshots HYCM (Henyep) Tradeo
Trading Platforms Gallery (click to expand) info
Research Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation HYCM (Henyep) Tradeo
Trust Score info 86 67
Year Founded info 1977 2012
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info Yes info
Tier-1 Licenses info 2 0
Tier-2 Licenses info 2 1
Tier-3 Licenses info 1 0
Tier-1 Licenses (High Trust) HYCM (Henyep) Tradeo
Australia (ASIC Authorised) info No No
Canada (SRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
CBI Authorised (Ireland) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Tier-2 Licenses (Average Trust) HYCM (Henyep) Tradeo
China (CBRC Authorised) info No No
Cyprus (CySEC Authorised) info Yes Yes
India (SEBI Authorised) info No No
Israel (ISA Authorised) info No No
Russia (CBR Authorised) info No No
South Africa (FSCA Authorised) info No No
Thailand (SEC Authorised) info No No
UAE (DFSA/Central Bank Authorised) info Yes No
Tier-3 Licenses (Low Trust) HYCM (Henyep) Tradeo
Bahamas (SCB Authorised) info No No
Belize (FSC Authorised) info No No
Cayman Islands (CIMA Authorised) info Yes No
Bermuda (BMA Authorised) info No No
British Virgin Islands (FSC Authorised) info No No
Mauritius (FSC Authorised) info No No
Vanuatu (VFSC Authorised) info No No
Investments HYCM (Henyep) Tradeo
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 362 256
Forex Pairs (Total) info 70 50
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (CFD) 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 HYCM (Henyep) Tradeo
Average Spread EUR/USD - Standard info 0.6 info N/A info
All-in Cost EUR/USD - Active info 0.6 info N/A info
Active Trader or VIP Discounts info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes No
Funding HYCM (Henyep) Tradeo
Minimum Deposit info $100 $200
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms HYCM (Henyep) Tradeo
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools HYCM (Henyep) Tradeo
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading HYCM (Henyep) Tradeo
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Forex Calendar info Yes Yes
Research HYCM (Henyep) Tradeo
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info No Yes
Economic Calendar info Yes Yes
Education HYCM (Henyep) Tradeo
Education (Forex or CFDs) info No No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs HYCM (Henyep) Tradeo
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review HYCM (Henyep) Review
Overall HYCM (Henyep) Tradeo
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 3.5/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 86 67
Winner check_circle
Review HYCM (Henyep) Review
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HYCM (Henyep) vs Tradeo Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare HYCM (Henyep) vs Tradeo.

Does HYCM (Henyep) or Tradeo offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, HYCM (Henyep) offers better pricing overall for traders.

Is HYCM (Henyep) or Tradeo safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. HYCM (Henyep) holds 2 global Tier-1 licenses, while Tradeo holds 0. HYCM (Henyep) holds 2 global Tier-2 licenses, while Tradeo holds 1. In our analysis of 23 international regulators across 50 brokers, HYCM (Henyep) earned a higher Trust Score than Tradeo.

Which trading platform is better: HYCM (Henyep) or Tradeo?

To compare the trading platforms of both HYCM (Henyep) and Tradeo, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, HYCM (Henyep) offers a better experience. With research, HYCM (Henyep) offers superior market research. Finally, we found HYCM (Henyep) to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both HYCM (Henyep) and Tradeo offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

HYCM (Henyep) provides traders 70 currency pairs (e.g., EUR/USD) compared to Tradeo's 50 available pairs. Forex pairs aside, HYCM (Henyep) offers traders access to 362 CFDs while Tradeo has 256 available CFDs, a difference of 106.

Can I trust HYCM (Henyep)?

HYCM is not publicly traded and does operate a bank. HYCM is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). HYCM is authorised by the following tier-1 regulators: Securities Futures Commission (SFC) and Financial Conduct Authority (FCA).

Can I trust Tradeo?

Tradeo is not publicly traded and does not operate a bank. Tradeo is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Is HYCM (Henyep) good?

HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform). That said, HYCM offers a narrow range of symbols to forex and CFD traders.

Is Tradeo good?

Tradeo offers its own trading platform and app but its research, educational materials, and range of markets are limited. Also, Tradeo recently stopped accepting new clients and with just one regulatory license, Tradeo has a lower Trust Score than brokers that hold multiple licenses.

Overall winner: HYCM (Henyep)

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