Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212 (founded 2004) and HYCM (Henyep Capital Markets, founded 1977) are both online brokers that are privately held and not banks. Neither is publicly traded on a stock exchange.
Regulation and trust: Trading 212 holds three Tier-1 licenses, while HYCM holds two Tier-1 licenses plus one Tier-2 license. According to ForexBrokers.com, Trading 212 has a Trust Score of 82 and HYCM scores 85; both fall in the “trusted” 80–89 range (90–99 is highly trusted). In short, HYCM edges ahead on Trust Score, while Trading 212 lists more top-tier licenses.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2004 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to commissions and fees, HYCM is generally cheaper than Trading 212 for forex and CFD trading. HYCM is rated 4.5 out of 5 stars and ranks #18 out of 63 brokers for Commissions and Fees at ForexBrokers.com. Trading 212 is rated 4 out of 5 stars and ranks #27 out of 63.
Trading 212 has two accounts: Invest for shares and CFD for trading CFDs (the CFD account has a €10 minimum deposit). While Trading 212 advertises zero-commission trading, you still pay through the spread. In April 2025, Trading 212’s published average spread on EUR/USD was 2.7 pips—higher than the industry average—which can make frequent trading more expensive.
HYCM offers three pricing options. The Raw account has an all-in cost of about 0.6 pips on EUR/USD after commission, the Classic account has variable spreads starting from 1.2 pips, and the Fixed account posts a 1.5-pip spread. For traders seeking lower trading costs, HYCM’s Raw account undercuts Trading 212’s 2.7-pip average by a wide margin.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | €1 | $20 |
| Average spread (EUR/USD) - Standard account | 2.7 | 1.3 |
| All-in Cost EUR/USD - Active | 2.7 | 0.6 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 vs HYCM: for sheer variety, Trading 212 offers far more to pick from, with about 13,000 tradeable symbols compared to HYCM’s 1,199. Forex traders also get a wider menu at Trading 212 (around 180 currency pairs) than at HYCM (about 70). Both brokers provide forex trading via CFDs or spot, and both let you buy exchange-traded securities on U.S. markets (like Apple) as well as international exchanges (such as Vodafone), not just CFDs.
When it comes to crypto, Trading 212 supports both actual (delivered) cryptocurrencies and crypto CFDs, while HYCM limits crypto to CFDs only. Neither broker offers copy trading. Reflecting these differences, Trading 212 earns 5 stars for Range of Investments and ranks #15 out of 63 brokers at ForexBrokers.com, whereas HYCM holds 4 stars and ranks #27. If you want the broadest selection plus access to real crypto, Trading 212 stands out; if you mainly need core markets with forex and popular shares, HYCM covers the basics.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13000 | 1199 |
| Forex Pairs (Total) | 180 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | 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.
Trading 212 vs HYCM (Henyep Capital Markets): both brokers offer free demo accounts for paper trading and let you place orders directly from charts. Each has a web-based platform, but their desktop and third-party options differ. HYCM provides a proprietary platform and a Windows desktop download, plus full MetaTrader support (MT4 and MT5). Trading 212, on the other hand, does not offer a proprietary platform, a Windows desktop platform, or MT4/MT5. Neither broker supports copy trading.
Tool details such as the number of built-in technical indicators and watch list columns were not specified. For overall quality of platforms and tools, both earn 4 out of 5 stars from ForexBrokers.com. In the same category, Trading 212 ranks #19 out of 63 brokers, while HYCM ranks #32. If you want MetaTrader and a downloadable desktop experience, HYCM is the better fit. If you prefer straightforward web trading with chart-based order entry, Trading 212 is a solid pick.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 102 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trading 212 and HYCM (Henyep Capital Markets) offer mobile trading apps for iPhone and Android. Each app supports price alerts, trendline drawing on charts, and auto-saving of chart annotations. The key day-to-day difference is watchlists: Trading 212 syncs watchlists between the mobile app and your online account, while HYCM does not. If you switch devices or trade on desktop and phone, that syncing can be a time saver.
For charting depth, Trading 212 offers 104 technical studies compared with HYCM’s 30, which may matter if you lean on indicators for stock or forex analysis. Both apps earn 4 out of 5 stars for Mobile Trading Apps, but ForexBrokers.com ranks Trading 212 higher (#17 of 63) than HYCM (#30 of 63). In short, choose Trading 212 if you want more indicators and synced watchlists; HYCM works if you mainly need alerts and essential charting on the go.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Trading 212 and HYCM (Henyep Capital Markets) for market research, HYCM stands out for offering daily market commentary and access to Trading Central for technical and fundamental insights. Trading 212 counters with a handy sentiment tool that shows long/short positioning across instruments. Both brokers provide an economic calendar and stream forex news from top-tier outlets like Bloomberg, Reuters, or Dow Jones. Neither broker offers Autochartist, TipRanks, or tools from Acuity Trading.
Both Trading 212 and HYCM earn 3.5 stars for research. In ForexBrokers.com’s 2024 rankings, HYCM places #29 out of 63 brokers for research, while Trading 212 ranks #32. Choose HYCM if you want daily commentary and Trading Central analysis; pick Trading 212 if a sentiment gauge alongside quality news is your priority.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | No | 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 | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Trading 212 and HYCM (Henyep Capital Markets) both offer beginner-friendly trading education you can watch on demand. Each provides at least 10 beginner videos covering core topics for new traders, though neither runs monthly educational webinars. In ForexBrokers.com’s Education category, both are rated 3.5 out of 5 stars; Trading 212 is ranked #20 out of 63 brokers, while HYCM sits at #27.
If you want education that can carry you beyond the basics, Trading 212 has the edge with at least 10 advanced videos for more experienced traders, while HYCM does not meet that advanced-video threshold. In short: choose Trading 212 if you want beginner material plus room to grow, and choose HYCM if you mainly want a library of beginner videos and are fine learning without live webinars.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | No | 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 Trading 212 is better than HYCM (Henyep Capital Markets). Trading 212 finished with an overall rank of #25, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
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| Trust Score | 82 | 85 |
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Trading 212 allows you to buy actual (delivered) cryptocurrencies and trade crypto CFDs, whereas HYCM (Henyep Capital Markets) supports only cryptocurrency CFDs and does not offer buying real coins.
Trading 212 vs. HYCM (Henyep Capital Markets): Trading 212 supports ACH/SEPA and bank wire deposits/withdrawals but not PayPal or Skrill, while HYCM supports bank wires and Skrill but not ACH/SEPA or PayPal; Visa/Mastercard availability is not specified for either broker.
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 | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Regulation | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 82 | 85 | |
| Year Founded | 2004 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13000 | 1199 | |
| Forex Pairs (Total) | 180 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | 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 | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | 1.3 | |
| All-in Cost EUR/USD - Active | 2.7 | 0.6 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | €1 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 102 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | 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 | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | 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 | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
| Overall | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
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