Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Trading 212, 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.
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 | 1977 | 2004 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing HYCM (Henyep Capital Markets) and Trading 212, each online broker offers distinct structures for commissions and fees that cater to different types of traders. HYCM's Raw account stands out with a competitive all-in cost of approximately 0.6 pips for the EUR/USD pair, making it an attractive choice for forex traders. Their Classic account, however, starts with a higher variable spread from 1.2 pips, while their fixed-spread account charges 1.5 pips. In ratings, HYCM scores a solid 4.5 stars out of 5 for commissions and fees and holds the 15th spot out of 63 brokers ranked by ForexBrokers.com.
In contrast, Trading 212 presents zero-commission trading, primarily for their Invest accounts but not without a cost. Traders participating in CFDs and forex must contend with spread fees. The CFD account, which requires a 10 euro minimum deposit, displays an average spread data of 2.7 pips for the EUR/USD pair as of April 2025 - a figure notably higher than the industry average. This spread places Trading 212 at a competitive disadvantage in its category, resulting in a rating of 4 stars out of 5 for commissions and fees and a ranking of #49 by ForexBrokers.com out of 63 brokers.
Choosing between HYCM and Trading 212 will largely depend on individual trading needs. HYCM offers more competitive pricing for EUR/USD trading with its Raw account, earning higher rankings for cost efficiency. Conversely, while Trading 212 promotes zero-commission offerings, traders may incur higher costs due to their spread rates, particularly for CFDs and forex trading. Each broker provides unique benefits, requiring thoughtful consideration to align with your trading strategy and financial goals.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Minimum Deposit | $20 | €1 |
| Average Spread EUR/USD - Standard | 1.2 | 2.7 |
| All-in Cost EUR/USD - Active | 0.6 | 2.7 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When considering the range of investments, HYCM (Henyep Capital Markets) and Trading 212 each offer unique strengths that cater to different trading needs. HYCM provides a focused selection with 1,199 tradeable symbols, including 70 forex pairs, allowing traders to deal in forex through CFDs or spot contracts. Furthermore, HYCM enables trading of exchange-traded securities on both U.S. and international exchanges, providing opportunities to invest in companies like Apple and Vodafone. However, HYCM does not support copy trading or the direct purchase of cryptocurrencies, though it does offer cryptocurrency derivatives for those interested in crypto-based investments. Overall, HYCM garners a 4-star rating for its range of investments according to ForexBrokers.com, landing it in the 33rd spot out of 63 brokers.
On the other hand, Trading 212 boasts an extensive offering with 7,868 tradeable symbols, including a more diverse array of 146 forex pairs. Like HYCM, Trading 212 provides access to exchange-traded securities on both U.S. and international markets, permitting investments in major stocks such as Apple and Vodafone. While it shares HYCM's limitations in terms of not offering copy trading or direct cryptocurrency purchases, Trading 212 does provide options for trading cryptocurrency derivatives. These extensive offerings earn Trading 212 a stronger 5-star rating for its investment range, securing the 15th spot among 63 brokers evaluated by ForexBrokers.com.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 7868 |
| Forex Pairs (Total) | 70 | 146 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Both HYCM (Henyep Capital Markets) and Trading 212 provide robust choices for their trading platforms with each offering a proprietary platform developed in-house. For those seeking Windows-based desktop solutions, HYCM is the go-to option, while Trading 212 does not offer this feature. Both platforms provide easy access through web-based trading, and each broker offers free virtual demo accounts, allowing users to engage in simulated trading. When it comes to advanced trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), HYCM brings both options to the table, setting it apart from Trading 212, which does not support these platforms.
In terms of charting tools, both brokers enable trading directly from stock charts, although Trading 212 takes the lead with 20 drawing tools compared to HYCM’s 15. Watch list customization also differs, offering seven columns of fields at HYCM compared to five at Trading 212. Both brokers do not support copy trading, DupliTrade, or ZuluTrade, yet they maintain a four-star rating for their trading platforms and tools. Despite being closely matched in overall ratings, Trading 212 ranks higher within the category at #20 compared to HYCM's #40 out of 63 brokers, suggesting a slight edge in user preference for Trading 212's offerings.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 54 |
| Charting - Drawing Tools (Total) | 15 | 20 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When considering mobile trading apps, both HYCM and Trading 212 provide comprehensive platforms for iPhone and Android users, with features like stock and forex price alerts, the ability to draw trendlines, and real-time watchlists. However, Trading 212 stands out with its watchlist symbol syncing, which ensures your watchlist is up-to-date whether you're using the app or your online account. While both apps allow users to view multiple time frames and auto-save chart drawings, Trading 212 offers a wider range of technical studies with 104 options compared to HYCM's 30.
Both brokers perform well in user ratings, achieving a 4-star rating for their mobile trading apps. Yet, Trading 212 ranks higher at #17 out of 63 brokers according to ForexBrokers.com, compared to HYCM's ranking at #37. This reflects Trading 212's enhanced functionality and user experience, giving it a competitive edge for traders who prioritize seamless app integration and extensive charting tools. Whether you're new to trading or a seasoned investor, both apps meet essential trading needs, with Trading 212 offering a bit more in terms of feature set.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 104 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing HYCM (Henyep Capital Markets) and Trading 212, both platforms bring distinct strengths to the table regarding market research. HYCM provides daily market commentary, offering timely insights to its users, while Trading 212 does not offer this feature. Both brokers supply forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed with reliable information. Furthermore, HYCM enhances research capabilities by providing tools from Trading Central, which is absent in Trading 212’s offering. Trading 212, however, caters to sentiment-focused traders with its sentiment-based trading tool—a feature not present on HYCM.
Both HYCM and Trading 212 integrate economic calendars to keep users updated on global news events, a valuable asset for any trader. However, neither platform offers market research from TipRanks or tools from Acuity Trading. Despite these comprehensive features and some variances in offerings, both HYCM and Trading 212 are similarly rated with 3.5 stars for research. However, HYCM edges Trading 212 by a few places, ranking 35th compared to Trading 212’s 44th position among 63 brokers on ForexBrokers.com.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners offered by HYCM (Henyep Capital Markets) and Trading 212, both platforms provide foundational tools like a comprehensive collection of over ten educational pieces, including articles, videos, and archived webinars focused on forex and CFDs. They also each feature a searchable archive of previously recorded webinars and supply beginner-friendly videos that cover trading basics extensively. Additionally, both HYCM and Trading 212 offer an investor dictionary with definitions for at least 50 investing terms, which is particularly useful for beginners catching up on industry terminology.
Despite these similarities, there are notable differences. Trading 212 stands out by offering more advanced educational videos tailored to experienced traders, surpassing ten in number, which HYCM does not offer. While Trading 212 and HYCM both lack monthly online webinars, Trading 212's richer content for seasoned traders contributes to its higher educational ranking of #20 out of 63 brokers by ForexBrokers.com, compared to HYCM's ranking of #32. Both platforms are rated equally with 3.5 stars for education, yet Trading 212 holds a slight edge for those seeking advanced trading insights.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
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.
| Feature |
HYCM (Henyep Capital Markets)
|
Trading 212
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 86 | 80 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both HYCM (Henyep Capital Markets) and Trading 212 do not provide the option to buy actual cryptocurrencies but do allow trading in cryptocurrency derivatives.
While HYCM (Henyep Capital Markets) and Trading 212 both support Visa, Mastercard, and bank wire transfers for depositing and withdrawing funds, Trading 212 additionally offers ACH, SEPA, and PayPal options, whereas HYCM provides Skrill instead.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Trading 212 Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Trust Score | 86 | 80 | |
| Year Founded | 1977 | 2004 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 7868 | |
| Forex Pairs (Total) | 70 | 146 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 1.2 | 2.7 | |
| All-in Cost EUR/USD - Active | 0.6 | 2.7 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Minimum Deposit | $20 | €1 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 54 | |
| Charting - Drawing Tools (Total) | 15 | 20 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 104 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | HYCM (Henyep Capital Markets) Review | Trading 212 Review |
| Overall | HYCM (Henyep Capital Markets) | Trading 212 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 86 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | Trading 212 Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill