Written by ForexBrokers.com
In this head to head comparison of Vantage 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.
Vantage and HYCM (Henyep Capital Markets) are online brokers with solid regulatory foundations, each holding two highly trusted Tier-1 licenses and one trusted Tier-2 license. Founded in 2009, Vantage has quickly established itself with a Trust Score of 90 out of 99, according to ForexBrokers.com, indicating a high level of trust. Although Vantage is not publicly traded or a bank, its regulatory credentials suggest a strong commitment to safety.
In comparison, HYCM, which has been in operation since 1977, holds a Trust Score of 86, reflecting a similarly dependable reputation. Like Vantage, HYCM is neither publicly traded nor a bank. Both brokers offer a comparable level of trustworthiness, making them reliable choices in the online trading landscape.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2009 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing Vantage and HYCM regarding commissions and fees, both brokers offer competitive options for different trading needs. Vantage provides three account types: the Standard STP account that operates on spreads, and the RAW ECN and PRO ECN accounts that are commission-based. The Standard account has typical spreads of 1.30 pips on the EUR/USD, while the RAW account features average spreads of 0.15 pips with a commission of $6 per round turn, bringing the total cost to 0.75 pips. The PRO account from Vantage offers a per-side commission of $2 ($4 per round turn), requiring various qualifications based on the regulatory entity. Additionally, Vantage offers an active trader program with rebates for high-volume traders in the Standard account.
HYCM provides several account options, starting with the Raw account, which has an all-in cost of around 0.6 pips for the EUR/USD. Their Classic account is more expensive, with spreads beginning at 1.2 pips, while their fixed-spread account maintains a spread of 1.5 pips. Whether choosing a variable or fixed spread, HYCM provides accounts that cater to different trader preferences and balances competitive pricing with flexibility similar to Vantage's offerings.
Both brokers share a 4.5-star rating for commissions and fees according to ForexBrokers.com. HYCM holds a higher rank at 15th out of 63 brokers, while Vantage ranks 19th. Despite the slight rank difference, both Vantage and HYCM deliver appealing choices for traders looking to balance cost and functionality.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $50 | $20 |
| Average Spread EUR/USD - Standard | 1.30 | 1.2 |
| All-in Cost EUR/USD - Active | 0.75 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Vantage and HYCM, both brokers provide access to forex trading as contracts for difference (CFDs) or spot contracts. However, HYCM stands out with a more extensive selection of tradeable symbols, boasting 1199 compared to Vantage's 1000. Likewise, HYCM gives traders access to 70 forex pairs, while Vantage offers 61. This broader selection contributes to HYCM achieving a higher rating of four stars in the range of investments category, compared to Vantage's 3.5 stars. According to ForexBrokers.com, HYCM ranks #33 in this category, outperforming Vantage's rank of #50 among 63 brokers.
Another noteworthy distinction is HYCM's availability of exchange-traded securities on both U.S. and international exchanges, allowing clients to invest in companies like Apple and Vodafone, which Vantage does not offer. Conversely, Vantage provides copy trading services, a feature not available with HYCM. Both brokers offer the ability to trade cryptocurrency derivatives rather than the actual digital currencies. Overall, while both platforms cater to diverse investment interests, HYCM presents a broader range of traditional investment opportunities, making it a compelling choice for international equity enthusiasts.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1199 |
| Forex Pairs (Total) | 61 | 70 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | 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.
When it comes to trading platforms and tools, both Vantage and HYCM (Henyep Capital Markets) offer a solid range of features. Traders with either broker have access to a free virtual demo account, allowing them to simulate trades risk-free. Each company provides its own proprietary platform in addition to supporting the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5). For those who prefer trading from their web browser or a desktop application on Windows, both brokers have options available. While Vantage includes unique offerings like copy trading and DupliTrade, HYCM does not, which may influence the decision for traders interested in these features.
In terms of charting capabilities, both brokers equip traders with 15 drawing tools, and they allow trading directly from the charts. Additionally, their watch lists offer seven customizable columns. Despite these similarities, Vantage holds a slightly higher standing in the industry rankings, sitting at the 21st position for trading platforms and tools as compared to HYCM's 40th place, according to ForexBrokers.com. Both brokers have earned a respectable 4 out of 5 stars for their platforms and tools, demonstrating a commitment to providing competitive trading environments.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Vantage and HYCM, both platforms offer similar features for iPhone and Android users, including the ability to set stock or forex price alerts. Users on both platforms can access a suite of 30 technical studies for charting and draw trendlines on stock or forex charts. Additionally, both Vantage and HYCM apps allow viewing across multiple time frames such as daily, weekly, or intraday, with the convenience of auto-saving chart drawings. Creating watchlists with real-time quotes is also a feature available on both apps, enhancing the overall trading experience.
Despite these similarities, Vantage edges out HYCM slightly in rankings, placing 28th compared to HYCM's 37th position among 63 brokers in the Mobile Trading Apps category according to ForexBrokers.com. Both apps receive a commendable rating of 4 out of 5 stars for mobile trading. However, neither platform offers watchlist symbol syncing between the mobile app and the client's online account. If seamless syncing isn't a top priority, both Vantage and HYCM provide reliable and feature-rich options for traders on the go.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| 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 market research offerings, both Vantage and HYCM deliver valuable insights with their daily market commentary and forex news sourced from top-tier platforms like Bloomberg and Reuters. Vantage distinguishes itself by providing tools from Autochartist and Trading Central, giving traders advanced technical analysis and research capabilities. In contrast, HYCM only offers tools from Trading Central but lacks support from Autochartist, which may impact the depth of their analytical offerings.
In addition to comprehensive market information, Vantage provides a sentiment-based trading tool, enabling traders to analyze market trends through long or short position ratios. Conversely, HYCM does not offer such sentiment-based tools, potentially limiting traders' perspectives on market movements. Both brokers equip users with an economic calendar to keep track of global news events. However, Vantage excels in market research with a higher rating of 4 stars compared to HYCM's 3.5 stars and holds a superior rank of 21st among 63 brokers, while HYCM is ranked 35th according to ForexBrokers.com.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners at Vantage and HYCM, both online brokers provide more than ten educational materials focused on forex and CFDs, like articles, videos, and webinars. However, Vantage takes a step further by hosting online webinars for clients each month to enhance learning experiences, a feature HYCM lacks. Both brokers maintain archives of past webinars, facilitating continuous learning for traders who prefer flexible study schedules.
For beginners, Vantage and HYCM each offer an impressive collection of more than ten educational videos tailored to novice traders. However, when it comes to more advanced trading topics, Vantage again sets itself apart by offering an extensive video library for seasoned traders, which HYCM does not match. Both brokers provide investor dictionaries with over 50 terms to help novices navigate the financial jargon. Vantage stands out with a higher education rating of four stars compared to HYCM’s 3.5 stars, and ranks slightly better in the educational category according to ForexBrokers.com, landing at #24 against HYCM's #32 out of 63 brokers. Overall, Vantage offers a slightly richer educational experience, making it a strong choice for beginners eager to dive deeper into the world of trading.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 Vantage is better than HYCM (Henyep Capital Markets). Vantage finished with an overall rank of #26, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 90 | 86 |
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Both Vantage and HYCM (Henyep Capital Markets) do not offer the ability to buy actual delivered cryptocurrency but do provide options for trading cryptocurrency derivatives.
When comparing online brokers Vantage and HYCM (Henyep Capital Markets) in terms of payment options, both do not support ACH or SEPA transfers but offer similar fund-transfer methods such as Skrill, Visa, Mastercard, and bank wires, with Vantage standing out by also accepting PayPal, which HYCM does not.
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 | Vantage | HYCM (Henyep Capital Markets) | |
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| Trust Score | 90 | 86 | |
| Winner | check_circle | ||
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Vantage | HYCM (Henyep Capital Markets) | |
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| Regulation | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 90 | 86 | |
| Year Founded | 2009 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| 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 | No |
| Tier-2 Licenses (Trusted) | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 1199 | |
| Forex Pairs (Total) | 61 | 70 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $50 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| 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 | Vantage Review | HYCM (Henyep Capital Markets) Review |
| Overall | Vantage | HYCM (Henyep Capital Markets) | |
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| Trust Score | 90 | 86 | |
| Winner | check_circle | ||
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
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