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XM Group vs HYCM (Henyep Capital Markets) 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

XM Group
4.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 93
  • Tradeable Symbols (Total): 1394
HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 86
  • Tradeable Symbols (Total): 1199

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

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2009 1977
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $5 $20
Average Spread EUR/USD - Standard info 1.6 info 1.2 info
All-in Cost EUR/USD - Active info 0.8 info 0.6 info
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 1199
Forex Pairs (Total) info 55 70
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature XM Group logoXM Group
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 93 86
Range of Investments 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with XM Group or HYCM (Henyep Capital Markets)?

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.

What funding options does each broker offer?

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.




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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Compare

0 of 5
Overall Rating XM Group HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 93 86
Winner check_circle
Review XM Group Review HYCM (Henyep Capital Markets) Review
Broker Screenshots XM Group HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
Regulation XM Group HYCM (Henyep Capital Markets)
Trust Score info 93 86
Year Founded info 2009 1977
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) XM Group HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No 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 Yes No info
Tier-2 Licenses (Trusted) XM Group HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XM Group HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 1199
Forex Pairs (Total) info 55 70
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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 XM Group HYCM (Henyep Capital Markets)
Average Spread EUR/USD - Standard info 1.6 info 1.2 info
All-in Cost EUR/USD - Active info 0.8 info 0.6 info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info Yes No
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding XM Group HYCM (Henyep Capital Markets)
Minimum Deposit info $5 $20
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms XM Group HYCM (Henyep Capital Markets)
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools XM Group HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XM Group HYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes Yes
Research XM Group HYCM (Henyep Capital Markets)
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education XM Group HYCM (Henyep Capital Markets)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs XM Group HYCM (Henyep Capital Markets)
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review XM Group Review HYCM (Henyep Capital Markets) Review
Overall XM Group HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 93 86
Winner check_circle
Review XM Group Review HYCM (Henyep Capital Markets) Review
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