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, Trading 212 and HYCM (Henyep Capital Markets) both offer pricing that may appeal to cost-conscious traders, but HYCM comes out ahead. Trading 212 advertises zero-commission trading on its CFD account, yet traders still pay the spread, and its average EUR/USD spread was 2.7 pips in April 2025, which is relatively high. Trading 212 is rated 4 stars and ranks #28 out of 36 brokers for commissions and fees.
HYCM offers more varied pricing, with its Raw account delivering an estimated all-in EUR/USD cost of about 0.6 pips after commission, which is much lower than Trading 212’s typical CFD and forex pricing. Its Classic account starts from a 1.2 pip spread, while its fixed-spread account offers a 1.5 pip spread. HYCM is rated 4.5 stars and ranks #18 out of 36 in the commissions and fees category.
In simple terms, Trading 212 may look cheaper at first because of its zero-commission marketing, but HYCM generally offers better overall value for active forex and CFD traders thanks to tighter spreads and stronger pricing transparency. For traders focused mainly on trading costs, HYCM has the edge.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | €1 | $20 |
| Average spread (EUR/USD) - Spread-only account | 2.7 | 1.3 |
| All-in Cost EUR/USD - Raw spread account | 2.7 | 0.6 |
| Non-wire bank transfer (Deposit/Withdraw) | No | |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to available investments, Trading 212 offers a wider menu than HYCM (Henyep Capital Markets). Trading 212 lists about 13,000 tradeable symbols and 180 forex pairs, compared with HYCM’s 1,199 symbols and 70 forex pairs. Both brokers let clients trade forex as a CFD or spot contract, and both also give access to exchange traded securities on U.S. and international markets, such as Apple and Vodafone shares.
The main difference is in choice beyond standard trading. Trading 212 lets customers buy actual cryptocurrency as well as crypto CFDs, while HYCM only offers crypto CFDs. Neither broker offers copy trading. Overall, Trading 212 scores higher for range of investments, earning 5 stars and a #14 ranking out of 36 brokers, while HYCM receives 4 stars and ranks #28 in the same category.
| 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 and HYCM both give traders a web-based platform and a free demo account for practice, plus the ability to place trades directly from charts. Both are rated 4 out of 5 stars for trading platforms and tools, but there are some clear differences in what each broker offers. Trading 212 does not have a desktop download platform, its own in-house platform, MetaTrader 4, MetaTrader 5, or copy trading. HYCM, by contrast, offers a proprietary platform, a Windows desktop platform, and both MT4 and MT5, though it also does not support copy trading.
For traders who want a simple browser experience, Trading 212 may be enough. But for those who want more platform choice and access to popular third-party tools, HYCM has the edge. Even so, Trading 212 ranks higher overall in the Trading Platforms and Tools category at #19 out of 36 brokers, compared with HYCM at #34, suggesting Trading 212 is still seen as a stronger all-around option in this area despite offering fewer platform types.
| 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.
Trading 212 and HYCM (Henyep Capital Markets) both make it easy to trade from a phone, with iPhone and Android apps available for each. They also both offer price alerts, trendline drawing, and auto-saving for chart drawings, so you can follow the market and manage charts on the go. In ForexBrokers.com’s Mobile Trading Apps category, both brokers are rated 4 out of 5 stars.
The main differences show up in chart tools and app syncing. Trading 212 stands out with watchlist syncing between the mobile app and online account, plus 104 technical studies in its mobile charts, compared with 30 at HYCM. That extra depth helps Trading 212 rank higher overall for mobile trading apps, coming in at #17 out of 36 brokers, while HYCM ranks #32.
| 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.
Trading 212 and HYCM both offer a solid mix of market research tools, but each has its own strengths. Both brokers provide forex news from top sources like Bloomberg, Reuters, and Dow Jones, along with an economic calendar to track upcoming global events. They also share the same 3.5-star Research rating from ForexBrokers.com, showing that each gives traders a decent level of market insight overall.
Where they differ is in the type of research extras available. HYCM stands out for offering daily market commentary and Trading Central tools, which can help traders spot trends and trading ideas. Trading 212, on the other hand, includes a sentiment tool that shows the balance of long and short positions across markets. Neither broker offers Autochartist, TipRanks, or Acuity Trading tools, and in ForexBrokers.com’s Research ranking, Trading 212 placed slightly ahead at #31 out of 36 brokers, while HYCM came in at #32.
| 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.
When it comes to education for beginners, Trading 212 and HYCM (Henyep Capital Markets) are fairly close overall, with each earning 3.5 out of 5 stars for Education. Both brokers also offer at least 10 beginner-friendly trading videos, which gives new traders a solid starting point. Neither broker offers monthly live educational webinars, so beginners looking for regular online classes will need to look elsewhere for that format.
The bigger difference shows up in more advanced learning content. Trading 212 offers at least 10 advanced educational videos, while HYCM does not meet that mark, making Trading 212 the stronger choice for traders who want to keep learning after the basics. In ForexBrokers.com’s Education rankings, Trading 212 places higher at #23 out of 36 brokers, compared with HYCM at #28. If you want a broker with a slightly better education section and more material for later-stage learning, Trading 212 has the edge.
| 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)
|
|---|---|---|
| Overall Rating |
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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 and HYCM (Henyep Capital Markets) both support bank wire transfers, neither offers PayPal, and while HYCM supports Skrill and does not offer ACH or SEPA transfers, Trading 212’s ACH/SEPA and card funding options are not specified here.
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) - Spread-only account | 2.7 | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | 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 (Deposit/Withdraw) | 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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