Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs ActivTrades, 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 1977, HYCM (Henyep Capital Markets) is a longstanding player in the financial market, while ActivTrades entered the scene in 2001. Both firms are not publicly traded and do not operate as banks, but they maintain a strong presence in the online brokerage industry. HYCM boasts a Trust Score of 86 out of 99, indicating it is a trusted entity. Similarly, ActivTrades holds a Trust Score of 81, placing it within the trusted category as well. Both companies hold two Tier-1 licenses, a mark of high trust from regulatory bodies, and one Tier-2 license, which further signifies their reliability.
The similarity in regulatory backing between HYCM and ActivTrades is clear, with each possessing the same number of Tier-1 and Tier-2 licenses. The comparison highlights their robust adherence to regulatory standards, ensuring a secure trading environment for investors. While their trust scores differ slightly, both brokers represent a stable option for those venturing into online trading.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Year Founded | 1977 | 2001 |
| 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 | 1 | 2 |
When comparing HYCM and ActivTrades in terms of commissions and fees, both brokers offer distinct advantages. HYCM provides competitive pricing through its Raw account, with an all-in cost of approximately 0.6 pips for the EUR/USD pair after factoring in the commission. This makes it an appealing choice for cost-conscious traders. However, its Classic account offers a more expensive variable spread starting from 1.2 pips, and a fixed-spread account with a spread of 1.5 pips. HYCM is highly rated in this area, earning a solid 4.5-star rating and ranks as the 15th best among 62 brokers according to ForexBrokers.com.
On the other hand, ActivTrades presents slightly better than average spreads but falls short of the leading low-cost forex brokers. It offers various account options including Individual, Professional, and Islamic accounts, but does not provide an account type specifically tailored for high-volume traders or active trader pricing. Traders will find the average spread for EUR/USD to be around 0.98 pips as of May 2024, while spreads may vary during different trading sessions, particularly around the rollover period. ActivTrades is rated at 4 stars for its commissions and fees, placing it at 27th out of 62 brokers according to ForexBrokers.com.
Overall, while both HYCM and ActivTrades have their own strengths in terms of commissions and fees, HYCM generally offers more competitive pricing for frequent traders, which is reflected in its higher ranking and rating. Traders looking for accounts with specific features and slightly better than average spreads might find ActivTrades more suitable depending on their trading needs.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Minimum Deposit | $20 | 0 |
| Average Spread EUR/USD - Standard | 1.2 | 0.98 |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| 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 between HYCM (Henyep Capital Markets) and ActivTrades, both brokers offer forex trading as either a CFD or spot contract. HYCM provides a wider selection of forex pairs, offering 70 compared to ActivTrades' 49. Overall, ActivTrades boasts a slightly larger universe of tradeable symbols with 1,267, whereas HYCM provides 1,199 options. A notable difference is in the access to exchange-traded securities on U.S. exchanges; HYCM offers this feature, allowing investors to purchase shares like Apple (NASDAQ: AAPL), while ActivTrades does not support direct purchase of U.S. exchange-traded stocks.
For international exchanges, both brokers allow clients to buy stocks such as Vodafone (VOD-GB: London Stock Exchange). In terms of diversification into cryptocurrency derivatives, both HYCM and ActivTrades provide the ability to invest in these financial products. However, ActivTrades offers the additional benefit of copy trading, which HYCM does not. Both brokers hold a similar rating of 4 stars for their range of investments, with ActivTrades ranking slightly higher at 31st compared to HYCM's 33rd among 62 brokers as evaluated by ForexBrokers.com.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 1267 |
| Forex Pairs (Total) | 70 | 49 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| 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 evaluating trading platforms and tools, both HYCM and ActivTrades provide a comprehensive suite for traders. Both brokerages offer demo accounts for simulated trading, allowing users to practice without financial risk. Each has its proprietary platform and supports MetaTrader 4 and 5, offering flexibility across Windows desktops and web-based browsers. However, ActivTrades sets itself apart by offering copy trading, a feature not available with HYCM. Both brokers enable direct trades from stock charts and provide 15 drawing tools for charting. Although HYCM offers 7 columns for watch lists, ActivTrades extends this with 11, providing more detailed monitoring of market trends.
In terms of ratings and rankings, both brokers receive 4 out of 5 stars for their trading platforms and tools. According to ForexBrokers.com, ActivTrades holds a higher position at #29 out of 62 brokers, while HYCM is ranked #40. Despite some differences in their offerings, both brokers cater to a variety of trading needs, making them strong candidates for traders seeking robust platforms with MetaTrader support and proprietary options.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| 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 | 11 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both HYCM (Henyep Capital Markets) and ActivTrades cater to users by offering apps compatible with both iPhone and Android devices. Traders can expect essential features from both platforms as they allow setting stock or forex price alerts, creating watchlists with real-time quotes, and drawing trendlines on charts. Each app supports diverse time frame views, like daily or weekly, and can auto-save chart drawings to enhance the user experience. Plus, for those keen on technical analysis, both HYCM and ActivTrades offer 30 technical studies within their mobile apps.
However, neither broker supports watchlist syncing between the mobile app and online account, which might be a consideration for some users. In terms of user ratings, both brokers score a solid four out of five stars for their mobile trading apps. Despite the similar features, ActivTrades is ranked higher by ForexBrokers.com, sitting at the 19th spot out of 62 brokers, while HYCM is ranked 37th. This higher ranking for ActivTrades might influence those looking for the finer distinctions in their mobile trading experience.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| 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 it comes to market research, both HYCM (Henyep Capital Markets) and ActivTrades provide dependable daily market commentary and forex news sourced from reputable platforms like Bloomberg and Reuters. While both brokers are competitive in these areas, they diverge in other aspects of their research offerings. HYCM features tools from Trading Central, which can assist traders with technical analytics; however, it does not offer a sentiment-based tool that shows the ratio of long or short positions, a feature available with ActivTrades. Neither broker provides tools from Autochartist or Acuity Trading.
Meanwhile, both platforms include an economic calendar for tracking global news events. In terms of ratings, ActivTrades secures a slight edge with a 4-star rating for research, ranking 30th among 62 brokers as per ForexBrokers.com. HYCM, with a 3.5-star rating, lands in the 35th position. This analysis suggests that while both companies offer reliable market research, ActivTrades slightly surpasses HYCM in certain aspects of their research service offerings.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| 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.
HYCM and ActivTrades both excel in providing educational resources for those interested in forex and CFD trading. Beginners will find a comprehensive library of more than ten educational materials, including articles, videos, and archived webinars, offered by both brokers. While both companies offer easy access to previously recorded webinars, ActivTrades goes a step further by hosting monthly educational webinars, a feature absent in HYCM’s offerings. This adds a layer of real-time learning and interaction that some beginners might find beneficial.
For those starting their trading journeys, both HYCM and ActivTrades offer at least ten beginner-focused educational videos. However, when it comes to more advanced topics, ActivTrades provides more than ten educational videos, offering deeper learning opportunities for experienced traders. On the other hand, HYCM makes up for this with a comprehensive investor dictionary, featuring over 50 trading terms, which ActivTrades does not. Based on various reviews, ActivTrades edges ahead with a 4-star rating for education, while HYCM holds a solid 3.5 stars. Interestingly, despite these ratings, HYCM is ranked higher in the education category at #32 compared to ActivTrades' ranking of #38, according to ForexBrokers.com.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than ActivTrades. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while ActivTrades finished with an overall rank of #33.
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)
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ActivTrades
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 81 |
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Neither HYCM (Henyep Capital Markets) nor ActivTrades offer the ability to buy actual (delivered) cryptocurrencies, but both provide options to trade cryptocurrency derivatives.
While both HYCM (Henyep Capital Markets) and ActivTrades do not support ACH or SEPA transfers or PayPal for transactions, they both offer Skrill, Visa, Mastercard, and bank wire options, providing reliable online broker services with versatile financial flexibility for users.
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 | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Trust Score | 86 | 81 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Regulation | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Trust Score | 86 | 81 | |
| Year Founded | 1977 | 2001 | |
| 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 | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| 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 | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| 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) | ActivTrades | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 1267 | |
| Forex Pairs (Total) | 70 | 49 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| 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) | ActivTrades | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 0.98 | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Minimum Deposit | $20 | 0 | |
| 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 | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 11 | |
| 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 | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| 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 | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| 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) | ActivTrades | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| 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 | ActivTrades Review |
| Overall | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Trust Score | 86 | 81 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
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