Written by ForexBrokers.com
In this head to head comparison of Admirals 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.
Admirals, founded in 2001, and HYCM (Henyep Capital Markets), established in 1977, are both well-regarded online brokers offering various financial services. Neither Admirals nor HYCM is publicly traded or operates as a bank. Admirals boasts a high Trust Score of 93, signifying a highly trusted status according to ForexBrokers.com. It holds four Tier-1 licenses and three Tier-2 licenses, enhancing its credibility and trustworthiness.
In contrast, HYCM has a Trust Score of 86, denoting a trusted rating. HYCM holds two Tier-1 licenses and one Tier-2 license. Both brokers provide dependable services, with Admirals slightly leading in terms of licensing and trust, making it an appealing choice for cautious investors. Though both brokers have a trustworthy reputation, Admirals' additional licenses and higher Trust Score can offer more reassurance to potential clients focused on regulatory strength.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2001 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to comparing the commissions and fees of online brokers Admirals and HYCM, both offer competitive pricing options that cater to different trading strategies. Admirals provides attractive pricing with its Trade account offering typical spreads of 0.8 pips. The Zero account follows a similar pricing scheme, making Admirals a cost-effective choice for traders considering both account types.
HYCM, on the other hand, delivers competitive all-in costs with its Raw account, which features an effective rate of around 0.6 pips for the EUR/USD currency pair, inclusive of commission. However, its Classic account comes at a higher cost, with variable spreads starting from 1.2 pips. Traders can also opt for HYCM's fixed-spread account at 1.5 pips for more predictable costs.
For commissions and fees, both Admirals and HYCM receive a star rating of 4.5 out of five. In terms of ranking among a comparison of 62 brokers by ForexBrokers.com, HYCM slightly edges out Admirals, holding the 15th position against Admirals' ranking of 17th. These ratings indicate that both brokers are highly regarded for their pricing structures, offering advantageous terms for various types of traders.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 0.8 | 1.2 |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | 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 Admirals and HYCM (Henyep Capital Markets) for their range of investment opportunities, both brokers allow trading in forex either as CFDs or spot contracts. Admirals stands out with a broad selection of 8702 tradeable symbols, significantly more than HYCM's 1199. In terms of forex pairs, Admirals offers 82 options, slightly more than HYCM's 70. Both brokers provide access to exchange-traded securities on U.S. and international exchanges, enabling clients to invest in popular stocks like Apple and Vodafone directly, not just through CFDs.
Admirals offers copy trading, adding a layer of flexibility that HYCM does not provide. However, neither broker supports the purchase of actual cryptocurrencies, though they both allow trading in cryptocurrency derivatives. Admirals is rated 4.5 out of 5 stars for its range of investments, placing it at number 19 in the category according to ForexBrokers.com, while HYCM holds a rating of 4 stars and ranks at number 33. This data suggests that Admirals might appeal more to those seeking a wider array of trading options, including the ability to engage in copy trading.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 1199 |
| Forex Pairs (Total) | 82 | 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 comparing Admirals and HYCM for their trading platforms and tools, both brokers stand out with unique offerings but also share several similarities. Admirals and HYCM provide traders the option to use a virtual demo account, which is perfect for those looking to hone their skills without financial risk. Both brokers also offer proprietary platforms, meaning they have developed their own software to cater to their clients. Traders who prefer the convenience of a browser or the power of a Windows-based desktop can take advantage of both options with either broker. Admirals and HYCM support MetaTrader 4 and MetaTrader 5, popular platforms known for their extensive features. However, a key difference is Admirals offers copy trading, an excellent feature for those wanting to emulate successful traders, whereas HYCM does not provide this option.
In terms of technical tools and charting capabilities, Admirals and HYCM again each offer their unique strengths. Admirals takes the lead in drawing tools, with 106 available, compared to HYCM's 15, providing comprehensive options for technical analysis. Both brokers allow trading directly from a stock chart, adding convenience for active traders. Admirals and HYCM offer equal functionality for watch lists, each with seven customizable columns. Despite both brokers receiving a four-star rating for trading platforms and tools, Admirals holds a higher ranking by ForexBrokers.com, placed at #20 out of 62 brokers, compared to HYCM's position at #40. This difference may reflect the more extensive analytical features and customization options provided by Admirals.
| Feature |
Admirals
|
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 | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 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 Admirals and HYCM (Henyep Capital Markets), it's clear that both brokers provide comprehensive platforms for both iPhone and Android users. Admirals and HYCM offer key features, including stock or forex price alerts, the ability to draw trendlines on charts, and the view of multiple time frames, catering well to traders on the go. However, neither broker supports watchlist symbol syncing, where changes in the mobile app sync with the client's online account. Both platforms offer 30 technical studies for charting and allow for real-time quotes within watchlists. Admirals and HYCM ensure charts are user-friendly with auto-saving features for any drawings made.
Despite the similarities, Admirals slightly edges out HYCM in rankings, coming in at #28 compared to HYCM's #37 among 62 brokers reviewed by ForexBrokers.com. However, in terms of user satisfaction, both apps receive a rating of 4 out of 5 stars for mobile trading. This reflects strong overall performance and solid trading functionalities that meet the needs of traders across various skill levels. For traders looking for reliable and efficient mobile trading experiences, both Admirals and HYCM offer compelling options with minimal drawbacks.
| Feature |
Admirals
|
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.
Admirals and HYCM are two prominent online brokers, both offering daily market commentary and access to forex news from top-tier sources such as Bloomberg and Reuters. Admirals stands out with its wider array of research tools, providing access to Trading Central's technical analytics, sentiment-based trading tools, TipRanks market research, and Acuity Trading's Signal Centre. In contrast, HYCM provides access to Trading Central tools but lacks some of the additional research features offered by Admirals. Both brokers include an economic calendar to keep traders informed of global news events.
When it comes to overall research ratings, Admirals earns a solid 4 out of 5 stars, ranking 15th out of 62 brokers according to ForexBrokers.com. Meanwhile, HYCM secures a rating of 3.5 stars and holds the 35th position in the same category. For traders seeking diverse market research tools and a higher-rated research offering, Admirals presents a more comprehensive option compared to HYCM.
| Feature |
Admirals
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| 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 | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Admirals and HYCM both provide educational resources for those new to forex and CFDs trading, ensuring that beginners have access to at least ten educational pieces like articles, videos, or webinars. Admirals, however, stands out by hosting monthly online webinars, whereas HYCM does not offer this feature. This additional support from Admirals can be particularly beneficial for those looking to engage in live learning sessions and stay updated with current trends and strategies.
In terms of video content, both brokers cater to beginners by providing educational videos tailored specifically for novice traders. Admirals also extends its reach by offering advanced educational videos for more experienced traders, a feature lacking in HYCM's offerings. Additionally, both brokers have a searchable archive of client webinars and an investor dictionary with over 50 investing terms. When evaluated for educational resources, Admirals earns a higher ranking and rating with 4 stars and a 12th place ranking out of 62 brokers, compared to HYCM’s 3.5 stars and 32nd position. This indicates a broader and potentially more immediate support system for those looking to deepen their understanding of trading concepts through Admirals.
| Feature |
Admirals
|
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 62 of the best forex brokers, our research and account testing finds that Admirals is better than HYCM (Henyep Capital Markets). Admirals finished with an overall rank of #18, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 93 | 86 |
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Both Admirals and HYCM (Henyep Capital Markets) do not offer the option to buy actual (delivered) cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
Admirals provides a versatile range of deposit and withdrawal options including ACH, SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, giving it an edge over HYCM (Henyep Capital Markets), which supports Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal options.
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 | Admirals | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | Admirals Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Admirals | HYCM (Henyep Capital Markets) | |
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| Regulation | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 2001 | 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 | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 1199 | |
| Forex Pairs (Total) | 82 | 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 | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | Yes | No |
| Trading Platforms | Admirals | 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 | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | 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) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | 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 | Admirals | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | 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 | Admirals | 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 | Admirals Review | HYCM (Henyep Capital Markets) Review |
| Overall | Admirals | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | Admirals Review | HYCM (Henyep Capital Markets) Review |
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