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
HYCM (Henyep Capital Markets), founded in 1977, is a veteran in the online brokerage industry, whereas Trading 212 entered the scene in 2004. Neither of these brokers is publicly traded or operates as a bank. In terms of regulatory standing, HYCM holds two Tier-1 licenses and one Tier-2 license, securing a high Trust Score rating of 86 from ForexBrokers.com, indicating a trusted status. On the other hand, Trading 212 boasts three Tier-1 licenses, although it has no Tier-2 licenses, giving it a solid Trust Score rating of 80.
While both brokers offer strong regulatory credentials, HYCM edges ahead with a slightly higher Trust Score and a mix of both Tier-1 and Tier-2 licenses. Trading 212, however, matches closely with its three Tier-1 licenses. Both brokers thus provide trustworthy options for investors, despite their differences in the specific licenses held and how long they have been in the market. This makes them viable choices for individuals seeking online trading platforms that prioritize safety and compliance.
|
Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|
Year Founded
info
|
1977
|
2004
|
|
Publicly Traded (Listed)
info
|
No
|
No
|
|
Bank
info
|
No
|
No
|
|
Tier-1 Licenses
info
|
2
|
3
|
|
Tier-2 Licenses
info
|
1
|
0
|
|
Tier-3 Licenses
info
|
0
|
0
|
|
Tier-4 Licenses
info
|
1
|
0
|
Fees
Comparing commissions and fees, HYCM (Henyep Capital Markets) comes out cheaper for common forex pairs. On EUR/USD, HYCM’s Raw account has an all-in cost around 0.6 pips (after commission), while Trading 212’s published average spread for April 2025 is 2.7 pips on its CFD account. HYCM’s Classic account uses a variable spread starting from 1.2 pips, and there’s also a fixed-spread option at 1.5 pips. By contrast, Trading 212 markets zero-commission trading, but you still pay the spread when trading CFDs and forex—making its pricing meaningfully higher than HYCM on this key pair.
HYCM’s pricing structure clearly favors active traders who want tighter spreads, especially on the Raw account. For commissions and fees, HYCM earns a 4.5 out of 5 stars and ranks #16 out of 63 brokers on ForexBrokers.com.
Trading 212 offers two accounts—Invest for shares (minimum deposit 1 euro) and CFD for derivatives (minimum deposit 10 euros)—but the fees that matter for CFD and forex trading primarily come via the spread. With a 2.7-pip average on EUR/USD for April 2025, Trading 212 trails leading brokers on pricing transparency and cost. For commissions and fees, Trading 212 is rated 4 out of 5 stars and ranks #50 out of 63 brokers on ForexBrokers.com.
|
Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|
Minimum Deposit
info
|
$20
|
€1
|
|
Average spread (EUR/USD) - Standard account
info
|
1.2
info |
2.7
info |
|
All-in Cost EUR/USD - Active
info
|
0.6
info |
2.7
info |
|
Non-wire bank transfer
info
|
No
|
Yes
|
|
PayPal (Deposit/Withdraw)
info
|
No
|
Yes
|
|
Skrill (Deposit/Withdraw)
info
|
Yes
|
No
|
|
Bank Wire (Deposit/Withdraw)
info
|
Yes
|
Yes
|
Dive deeper: Best Low Spread Forex Brokers.
Range of investments
Comparing HYCM (Henyep Capital Markets) vs Trading 212 for range of investments: Trading 212 offers a wider selection with 7,868 tradeable symbols and 146 forex pairs, while HYCM lists 1,199 symbols and 70 forex pairs. Both brokers support forex trading (available as CFDs or spot, depending on offering) and let you buy exchange-traded shares on U.S. and international exchanges, so you can access stocks like Apple on Nasdaq and Vodafone in London.
Neither broker provides copy trading or direct, delivered cryptocurrency, but both offer crypto CFDs. In independent assessments of investment range, HYCM earns 4 out of 5 stars and ranks 34th out of 63 brokers, while Trading 212 scores 5 out of 5 stars and ranks 16th out of 63—an edge that mirrors Trading 212’s larger catalog of markets.
|
Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|
Forex Trading (Spot or CFDs)
info
|
Yes
|
Yes
|
|
Tradeable Symbols (Total)
info
|
1199
|
7868
|
|
Forex Pairs (Total)
info
|
70
|
146
|
|
U.S. Stocks (Shares)
info
|
Yes
|
Yes
|
|
Global Stocks (Non-U.S. Shares)
info
|
Yes
|
Yes
|
|
Copy Trading
info
|
No
|
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
HYCM (Henyep Capital Markets) and Trading 212 both offer free demo (paper) accounts and proprietary trading platforms you can use in your browser. HYCM also provides a Windows desktop download and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Trading 212 does not offer a Windows app and does not support MT4 or MT5. Both brokers let you place orders straight from a chart and neither offers copy trading. The number of built-in technical indicators and watchlist columns is not specified for either platform.
For trading platforms and tools, both brokers earn 4 stars, but ForexBrokers.com ranks Trading 212 higher (#20 of 63) than HYCM (#41 of 63). If you want MT4/MT5 or a downloadable desktop platform, HYCM fits the bill; if a web-based proprietary platform is all you need, Trading 212 is a strong option.
|
Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|
Virtual Trading (Demo)
info
|
Yes
|
Yes
|
|
Proprietary Desktop Trading Platform
info
|
Yes
|
Yes
|
|
Desktop Platform (Windows)
info
|
Yes
|
No
|
|
Web Platform
info
|
Yes
|
Yes
|
|
Copy Trading
info
|
No
|
No
|
|
MetaTrader 4 (MT4)
info
|
Yes
|
No
|
|
MetaTrader 5 (MT5)
info
|
Yes
|
No
|
|
Charting - Indicators / Studies (Total)
info
|
30
|
54
|
|
Charting - Trade From Chart
info
|
Yes
|
Yes
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
HYCM (Henyep Capital Markets) and Trading 212 both offer iPhone and Android apps with price alerts, trendline drawing, and auto-saved chart annotations. Charting depth differs: HYCM includes 30 technical studies in its mobile app, while Trading 212 offers 104. Another key difference is watchlist syncing—Trading 212 syncs watchlists across mobile and web, whereas HYCM does not.
Both mobile trading apps earn 4 out of 5 stars, yet ForexBrokers.com ranks Trading 212 higher (#17 of 63) than HYCM (#38 of 63). If you want more indicators and seamless watchlists, Trading 212 is the stronger choice; if you just need an easy app with alerts and core charting on iPhone or Android, HYCM covers the essentials.
|
Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|
Android App
info
|
Yes
|
Yes
|
|
Apple iOS App
info
|
Yes
|
Yes
|
|
Mobile Price Alerts
info
|
Yes
|
Yes
|
|
Mobile Watchlists - Syncing
info
|
No
|
Yes
|
|
Mobile Charting - Indicators / Studies
info
|
30
|
104
|
|
Mobile Charting - Draw Trendlines
info
|
Yes
|
Yes
|
|
Mobile Charting - Trendlines Autosave
info
|
Yes
|
Yes
|
Dive deeper: Best Forex Trading Apps.
Market research
Comparing market research, HYCM (Henyep Capital Markets) delivers daily market commentary and access to Trading Central’s analysis tools, along with an economic calendar and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Trading 212 also provides premium news feeds and an economic calendar, and adds a sentiment tool that shows the ratio of long vs. short positions across instruments. Neither broker integrates Autochartist, TipRanks, or Acuity Trading tools.
Both HYCM and Trading 212 earn 3.5 out of 5 stars for research, though HYCM ranks higher overall (#36 of 63) than Trading 212 (#45 of 63) on ForexBrokers.com. Choose HYCM if you want daily commentary paired with Trading Central insights; pick Trading 212 if you value tracking crowd sentiment alongside headline news and calendar events.
|
Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|
Daily Market Commentary (Articles)
info
|
Yes
|
No
|
|
Forex News (Top-Tier Sources)
info
|
Yes
|
Yes
|
|
Autochartist
info
|
No
|
No
|
|
Trading Central
info
|
Yes
|
No
|
|
Client sentiment data
info
|
No
|
Yes
|
|
TipRanks
info
|
No
|
No
|
|
Acuity Trading
info
|
No
|
No
|
|
Economic Calendar
info
|
Yes
|
Yes
|
Dive deeper: Best Brokers for Forex Research.
Beginners and education
For beginner traders comparing HYCM (Henyep Capital Markets) and Trading 212, both brokers provide a clear entry point with at least 10 beginner-focused videos that explain trading basics. Neither broker currently runs monthly educational webinars. The information provided does not confirm whether either broker meets the “10 or more pieces” threshold for forex or CFD education (articles, videos, or archived webinars), so that point remains unclear.
Where the two differ is depth for experienced learners: HYCM does not offer 10+ advanced trading videos, while Trading 212 does, which may help you keep learning as your skills grow. Both earn 3.5 stars for Education, but Trading 212 ranks higher overall (#21 of 63) than HYCM (#32 of 63) in the ForexBrokers.com Education category. If you want beginner videos and straightforward guidance, both are comparable; if you expect to progress into more advanced topics, Trading 212 has the edge.
Dive deeper: Best Forex Brokers for Beginners.
Winner
After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than Trading 212. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Trading 212 finished with an overall rank of #31.
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.
FAQs
Can you trade cryptocurrency with HYCM (Henyep Capital Markets) or Trading 212?
Comparing HYCM (Henyep Capital Markets) vs Trading 212: neither broker supports buying actual delivered cryptocurrency, but both offer trading in cryptocurrency CFDs.
What funding options does each broker offer?
Compared to Trading 212, HYCM (Henyep Capital Markets) does not support ACH/SEPA or PayPal for deposits and withdrawals but does allow Skrill and bank wire transfers, while Trading 212 supports ACH/SEPA and PayPal and also accepts bank wires but not Skrill.
announcementPlease 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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|
Overall Rating
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Overall Rating info
|
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|
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Commissions & Fees |
|
|
|
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Range of Investments |
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|
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Platforms & Tools |
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Mobile Trading |
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Research |
|
|
|
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Education |
|
|
|
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Trust Score info
|
86
|
80
|
|
|
Winner |
check_circle
|
|
|
|
Review |
HYCM (Henyep Capital Markets) Review
|
Trading 212 Review
|
|
|
Broker Screenshots
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Broker Gallery (click to expand) info
|
|
|
|
|
Regulation
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Trust Score info
|
86
|
80
|
|
|
Year Founded info
|
1977
|
2004
|
|
|
Publicly Traded (Listed) info
|
No
|
No
|
|
|
Bank info
|
No
|
No
|
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
No
info
|
Yes
info
|
|
|
Tier-1 Licenses info
|
2
|
3
|
|
|
Tier-2 Licenses info
|
1
|
0
|
|
|
Tier-3 Licenses info
|
0
|
0
|
|
|
Tier-4 Licenses info
|
1
|
0
|
|
|
Tier-1 Licenses (Highly Trusted)
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Australia (ASIC Authorised) info
|
No
|
No
|
|
|
Canada (CIRO Authorised) info
|
No
|
No
|
|
|
Hong Kong (SFC Authorised) info
|
Yes
|
No
|
|
|
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
|
No
info
|
Yes
info
|
|
|
Tier-2 Licenses (Trusted)
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Kenya (CMA Authorised) info
|
|
|
|
|
Israel (ISA Authorised) info
|
No
|
No
|
|
|
South Africa (FSCA Authorised) info
|
No
|
No
|
|
|
UAE (DFSA, FSRA, or SCA Authorised) info
|
Yes
|
No
|
|
|
India (SEBI Authorised) info
|
No
|
No
|
|
|
Jordan (JSC Authorised) info
|
|
|
|
|
Investments
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Forex Trading (Spot or CFDs) info
|
Yes
|
Yes
|
|
|
Tradeable Symbols (Total) info
|
1199
|
7868
|
|
|
Forex Pairs (Total) info
|
70
|
146
|
|
|
U.S. Stocks (Shares) info
|
Yes
|
Yes
|
|
|
Global Stocks (Non-U.S. Shares) info
|
Yes
|
Yes
|
|
|
Copy Trading info
|
No
|
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
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Average spread (EUR/USD) - Standard account info
|
1.2
info
|
2.7
info
|
|
|
All-in Cost EUR/USD - Active info
|
0.6
info
|
2.7
info
|
|
|
Inactivity Fee info
|
No
|
No
|
|
|
Order execution: Agency info
|
Yes
|
Yes
|
|
|
Order execution: Market Maker info
|
Yes
|
Yes
|
|
|
Funding
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Minimum Deposit info
|
$20
|
€1
|
|
|
PayPal (Deposit/Withdraw) info
|
No
|
Yes
|
|
|
Skrill (Deposit/Withdraw) info
|
Yes
|
No
|
|
|
Bank Wire (Deposit/Withdraw) info
|
Yes
|
Yes
|
|
|
Non-wire bank transfer info
|
No
|
Yes
|
|
|
Trading Platforms
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Proprietary Desktop Trading Platform info
|
Yes
|
Yes
|
|
|
Desktop Platform (Windows) info
|
Yes
|
No
|
|
|
Web Platform info
|
Yes
|
Yes
|
|
|
Copy Trading info
|
No
|
No
|
|
|
MetaTrader 4 (MT4) info
|
Yes
|
No
|
|
|
MetaTrader 5 (MT5) info
|
Yes
|
No
|
|
|
cTrader info
|
No
|
No
|
|
|
Trading Tools
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
|
Price Alerts info
|
Yes
|
Yes
|
|
|
Charting - Indicators / Studies (Total) info
|
30
|
54
|
|
|
Charting - Trade From Chart info
|
Yes
|
Yes
|
|
|
Charts can be saved info
|
Yes
|
Yes
|
|
|
Mobile Trading
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
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
|
Yes
|
|
|
Mobile Charting - Indicators / Studies info
|
30
|
104
|
|
|
Mobile Charting - Draw Trendlines info
|
Yes
|
Yes
|
|
|
Mobile Charting - Trendlines Autosave info
|
Yes
|
Yes
|
|
|
Mobile Research - Economic Calendar info
|
Yes
|
Yes
|
|
|
Research
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Daily Market Commentary (Articles) info
|
Yes
|
No
|
|
|
Forex News (Top-Tier Sources) info
|
Yes
|
Yes
|
|
|
Autochartist info
|
No
|
No
|
|
|
Trading Central info
|
Yes
|
No
|
|
|
TipRanks info
|
No
|
No
|
|
|
Client sentiment data info
|
No
|
Yes
|
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
|
Education
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
Webinars info
|
No
|
No
|
|
|
Videos - Beginner Trading Videos info
|
Yes
|
Yes
|
|
|
Videos - Advanced Trading Videos info
|
No
|
Yes
|
|
|
Major Forex Pairs
|
HYCM (Henyep Capital Markets) |
Trading 212 |
|
|
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 |
HYCM (Henyep Capital Markets) Review
|
Trading 212 Review
|
|
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