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) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments, Trading 212 offers a wider selection than HYCM. Trading 212 lists 7,868 tradeable symbols and 146 forex pairs, while HYCM provides 1,199 symbols and 70 forex pairs. Both brokers let you trade forex as CFDs or spot contracts, and both provide access to real, exchange-traded securities on U.S. and international markets (think Apple in the U.S. and Vodafone in the U.K.). Each supports cryptocurrency trading via CFDs, but neither lets you buy actual crypto. Copy trading isn’t available at either broker.
For Range of Investments, ForexBrokers.com rates Trading 212 at 5 stars and ranks it #15 out of 63 brokers; HYCM earns 4 stars and ranks #27. If you want the broadest selection, Trading 212 has the edge, while HYCM still covers key markets for most everyday traders.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 1199 |
| Forex Pairs (Total) | 146 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | 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: both brokers offer free demo (paper) accounts, their own in-house platforms, and easy-to-use web-based trading with the ability to place trades directly from charts. Neither supports copy trading. Each earns 4 out of 5 stars for Trading Platforms and Tools, signaling strong all-around experiences for most traders.
The biggest differences come down to platform choice. HYCM provides a Windows desktop download and supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which is ideal if you rely on those popular third‑party platforms. Trading 212 does not offer a Windows desktop app and does not support MT4 or MT5, focusing instead on its web platform. In ForexBrokers.com’s rankings for Trading Platforms and Tools, Trading 212 places #19 out of 63 brokers, while HYCM ranks #32. Choose HYCM if you want MT4/MT5 or a Windows desktop platform; choose Trading 212 if you prefer a streamlined, proprietary web experience with chart-based trading and a free demo.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | 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) | 54 | 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 vs HYCM (Henyep Capital Markets): neither broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
Comparing deposit and withdrawal options, Trading 212 supports ACH/SEPA, PayPal, and bank wire transfers, while HYCM (Henyep Capital Markets) lacks ACH/SEPA and PayPal but offers Skrill and bank wires; Visa/Mastercard availability is unspecified for both.
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 SCA 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) | 7868 | 1199 | |
| Forex Pairs (Total) | 146 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | 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) | Yes | 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 | Yes | 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) | 54 | 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) | |
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| 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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