XM Group vs HYCM (Henyep Capital Markets) 2025
In this head to head comparison of XM Group 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.
In this head to head comparison of XM Group 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.
Founded in 2009, XM Group is a trusted online broker, boasting a high Trust Score of 93 out of 99 according to ForexBrokers.com. Though not listed on a stock exchange or operating as a bank, XM Group impresses with its regulatory credentials, holding 4 Tier-1 licenses, the highest classification of trust, along with 1 Tier-2 license. These factors collectively indicate its strong compliance and reliability in the industry.
On the other hand, HYCM (Henyep Capital Markets), established in 1977, carries a commendable Trust Score of 86, placing it in the trusted category. Similar to XM Group, HYCM is privately held and not a bank. With 2 Tier-1 and 1 Tier-2 licenses, HYCM also demonstrates a commitment to trustworthy operations, albeit with fewer top-tier regulatory endorsements than XM Group. Both brokers stand as solid choices, but XM Group edges ahead in regulatory strength and trustworthiness.
Feature |
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Year Founded | 2009 | 1977 |
Publicly Traded (Listed) | No | No |
Bank | No | No |
Tier-1 Licenses | 4 | 2 |
Tier-2 Licenses | 1 | 1 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 1 | 1 |
When comparing XM Group and HYCM (Henyep Capital Markets) in terms of commissions and fees, both brokers have distinct offerings that cater to various trading preferences. XM Group is rated 4 out of 5 stars, but its standard account spreads are considered expensive, and the specific average spreads for its commission-based XM Zero account are not published. Despite these drawbacks, XM Group maintains a mid-tier ranking as number 33 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
In contrast, HYCM has a slightly higher rating of 4.5 stars for commissions and fees, with more competitive pricing options. Their Raw account offers an all-in cost of about 0.6 pips for the EUR/USD pair, making it an attractive choice for cost-conscious traders. The Classic account, on the other hand, has a variable spread starting from 1.2 pips, while the fixed-spread account offers a consistent spread of 1.5 pips. Thanks to these flexible pricing structures, HYCM is ranked noticeably higher at number 15 out of 63 brokers in the same category by ForexBrokers.com.
Ultimately, your choice between XM Group and HYCM will depend on your specific trading needs, such as whether you prioritize lower spreads or transparency in pricing. While XM Group provides reliable services, HYCM's more competitive options and superior ranking can offer better value for traders seeking efficient cost management.
Feature |
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Minimum Deposit | $5 | $20 |
Average Spread EUR/USD - Standard | 1.6 | 1.2 |
All-in Cost EUR/USD - Active | 0.8 | 0.6 |
Active Trader or VIP Discounts | No | Yes |
ACH or SEPA Transfers | No | No |
PayPal (Deposit/Withdraw) | No | 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 XM Group and HYCM (Henyep Capital Markets), both brokers provide forex trading as CFDs or spot contracts. XM Group offers a wider total number of tradeable symbols with 1,394, compared to HYCM's offering of 1,199. However, when it comes to forex pairs specifically, HYCM takes the edge with 70 available pairs, while XM Group has 55. Both brokers give traders access to exchange-traded securities on U.S. and international exchanges, allowing for investments in major companies such as Apple and Vodafone. Additionally, both offer cryptocurrency derivatives, though neither provides options for actual cryptocurrency purchases. A notable advantage for XM Group is the inclusion of copy trading, a feature that is not available with HYCM.
In terms of quality ratings and industry standing, XM Group achieves a 4.5-star rating for its range of investments, marginally surpassing HYCM, which holds a 4-star rating. Furthermore, according to ForexBrokers.com, XM Group is ranked 24th out of 63 brokers for the range of investments category, while HYCM is placed at 33rd. This reflects a slightly more comprehensive offering by XM Group in terms of investment opportunities. These differences can be crucial for traders who prioritize the breadth and depth of investment options when selecting an online broker.
Feature |
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 1394 | 1199 |
Forex Pairs (Total) | 55 | 70 |
U.S. Stock Trading (Non CFD) | Yes | Yes |
Int'l Stock Trading (Non CFD) | Yes | 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 choosing an online broker, XM Group and HYCM both offer competitive trading platforms and tools to suit varied needs. XM Group caters to both new and experienced traders with features like simulated trading through a free virtual demo account and renowned connectivity with the MetaTrader 4 and 5 platforms, available on both desktop and web browsers. While XM Group doesn't offer a proprietary platform, it ensures a broad market reach with services such as copy trading and trading directly from stock charts. Additionally, XM Group makes charting intuitive with 15 drawing tools and 7 columns for watch lists. Overall, its trading platform and tools are rated 4 stars, placing it at #32 out of 63 brokers by ForexBrokers.com.
HYCM also provides a full suite of trading platform options, including simulated paper trading and a proprietary platform developed in-house, in addition to supporting the widely popular MetaTrader 4 and 5 on Windows and web-based systems. However, unlike XM, HYCM does not offer copy trading. For technical charting needs, HYCM matches XM Group with 15 drawing tools and 7 columns for watch lists, along with trading directly from stock charts. With its offerings rated at 4 stars, HYCM is ranked #40 by ForexBrokers.com in the Trading Platforms and Tools category, ensuring its position as a reliable option for potential traders.
Feature |
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Virtual Trading (Demo) | Yes | Yes |
Proprietary Platform | No | 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 | No | 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 XM Group and HYCM, both brokers provide options for iPhone and Android users, making it easy to trade on the go. They also support stock and forex price alerts and enable users to draw trendlines and view charts across various time frames. The apps offer 30 technical studies for chart analysis, ensuring users have access to comprehensive data. Both platforms allow the creation of watchlists with real-time quotes, though XM Group takes it a step further by offering watchlist syncing between the mobile app and online account. This feature keeps watchlists up-to-date seamlessly wherever you are, an advantage over HYCM's offering.
However, when it comes to saving drawings on charts, HYCM's app holds an edge by automatically preserving them, a feature XM Group doesn't support. Despite these differences, both apps are rated four out of five stars for mobile trading. According to ForexBrokers.com, XM Group ranks slightly higher at 30th in the mobile trading apps category, compared to HYCM's 37th place among 63 brokers. Whether you prioritize seamless syncing with your online account or the ability to auto-save your technical chart drawings, both brokers offer commendable mobile solutions.
Feature |
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | Yes | No |
Mobile Charting - Indicators / Studies | 30 | 30 |
Mobile Charting - Draw Trendlines | Yes | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | No | Yes |
Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing XM Group and HYCM in terms of market research offerings, both brokers provide daily market commentary and source forex news from top-tier providers like Bloomberg and Reuters. They each offer tools from Trading Central, supporting traders with technical analysis resources. However, XM Group steps ahead by offering a sentiment-based trading tool that illustrates positioning across various currency pairs, which HYCM does not provide. Neither broker offers resources from Autochartist, TipRanks, or Acuity Trading, indicating a focus on different research tools.
Both XM Group and HYCM include economic calendars to keep traders informed of global economic events. Nonetheless, XM Group holds a clear advantage in research excellence, earning a 5-star research rating compared to HYCM's 3.5 stars. Furthermore, XM Group's commitment to comprehensive research is highlighted by its rank of #8 out of 63 brokers on ForexBrokers.com, whereas HYCM is positioned at #35. These distinctions make XM Group a compelling choice for traders prioritizing in-depth market research.
Feature |
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Daily Market Commentary | Yes | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | No | 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 it comes to educational resources for beginners, XM Group and HYCM (Henyep Capital Markets) both offer comprehensive learning materials, but XM stands out in several areas. Both brokers provide a minimum of 10 educational pieces focusing on forex or CFDs. XM Group goes a step further by hosting monthly educational webinars, which is an offering HYCM lacks. Both companies provide a searchable archive of recorded webinars for learners who may have missed live sessions.
XM Group also emphasizes beginner education through an extensive library of at least 10 videos specifically designed for newcomers. While both brokers provide this resource, XM Group additionally offers 10 advanced trading videos for experienced traders, a feature HYCM does not match. Furthermore, while HYCM boasts an investor dictionary with over 50 terms, this is not available at XM Group. However, XM Group is rated higher for its educational resources with five stars, compared to HYCM's rating of 3.5 stars. In terms of ranking among 63 brokers, XM Group impressively holds the 7th position, while HYCM trails at 32nd place. This makes XM Group a more appealing choice for beginners seeking structured educational support.
Feature |
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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) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than HYCM (Henyep Capital Markets). XM Group finished with an overall rank of #17, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
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Overall Rating |
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Trust Score | 93 | 86 |
Range of Investments |
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Platforms & Tools |
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Research |
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Both XM Group and HYCM (Henyep Capital Markets) do not provide options for purchasing actual (delivered) cryptocurrency, but they do offer cryptocurrency derivatives, allowing traders to speculate on the price movements without owning the actual digital asset.
Both XM Group and HYCM (Henyep Capital Markets) do not support ACH or SEPA transfers or PayPal for deposits or withdrawals, but they do offer Skrill, Visa, Mastercard, and bank wire transfers as transaction options for account funding.
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 5Overall Rating | XM Group | HYCM (Henyep Capital Markets) | |
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Trust Score | 93 | 86 | |
Winner | check_circle | ||
Review | XM Group Review | HYCM (Henyep Capital Markets) Review |
Broker Screenshots | XM Group | HYCM (Henyep Capital Markets) | |
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Broker Gallery (click to expand) |
Regulation | XM Group | HYCM (Henyep Capital Markets) | |
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Trust Score | 93 | 86 | |
Year Founded | 2009 | 1977 | |
Publicly Traded (Listed) | No | No | |
Bank | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
Tier-1 Licenses | 4 | 2 | |
Tier-2 Licenses | 1 | 1 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 1 | 1 |
Tier-1 Licenses (Highly Trusted) | XM Group | HYCM (Henyep Capital Markets) | |
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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) | |||
United Kingdom (U.K.) (FCA Authorised) | No | 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) | XM Group | HYCM (Henyep Capital Markets) | |
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Kenya (CMA Authorised) | |||
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | Yes | No | |
UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) |
Investments | XM Group | HYCM (Henyep Capital Markets) | |
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Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 1394 | 1199 | |
Forex Pairs (Total) | 55 | 70 | |
U.S. Stock Trading (Non CFD) | Yes | Yes | |
Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | HYCM (Henyep Capital Markets) | |
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Average Spread EUR/USD - Standard | 1.6 | 1.2 | |
All-in Cost EUR/USD - Active | 0.8 | 0.6 | |
Active Trader or VIP Discounts | No | Yes | |
Inactivity Fee | Yes | No | |
Execution: Agency Broker | No | Yes | |
Execution: Market Maker | Yes | Yes |
Funding | XM Group | HYCM (Henyep Capital Markets) | |
---|---|---|---|
Minimum Deposit | $5 | $20 | |
PayPal (Deposit/Withdraw) | No | 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 | XM Group | HYCM (Henyep Capital Markets) | |
---|---|---|---|
Proprietary Platform | No | 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 | No | No | |
ZuluTrade | No | No |
Trading Tools | XM Group | 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 | XM Group | HYCM (Henyep Capital Markets) | |
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Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | Yes | Yes | |
Watchlist Syncing | Yes | No | |
Mobile Charting - Indicators / Studies | 30 | 30 | |
Mobile Charting - Draw Trendlines | Yes | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | No | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | XM Group | HYCM (Henyep Capital Markets) | |
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Daily Market Commentary | Yes | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | No | No | |
Trading Central (Recognia) | Yes | Yes | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | Yes | No | |
Economic Calendar | Yes | Yes |
Education | XM Group | 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) | No | Yes |
Major Forex Pairs | XM Group | HYCM (Henyep Capital Markets) | |
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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 | XM Group Review | HYCM (Henyep Capital Markets) Review |
Overall | XM Group | HYCM (Henyep Capital Markets) | |
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Trust Score | 93 | 86 | |
Winner | check_circle | ||
Review | XM Group Review | HYCM (Henyep Capital Markets) Review |