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 trading platforms and tools, both Admirals and HYCM provide a comprehensive range of options to cater to different trading needs. Admirals offers a proprietary platform developed in-house, along with the popular MetaTrader 4 and MetaTrader 5 platforms, which are also available at HYCM. Both brokers support trading through Windows-based desktop downloads and convenient web-based browser platforms, ensuring flexibility for traders. Furthermore, Admirals and HYCM offer free virtual demo accounts to help traders practice their strategies without financial risk. However, Admirals stands out by offering copy trading, a feature not available with HYCM, adding an extra layer of functionality for traders interested in mirroring the trades of experienced investors.
In terms of charting, Admirals excels with 106 drawing tools, far surpassing the 15 tools offered by HYCM, providing richer options for traders who rely on technical analysis. Both brokers allow traders to execute orders directly from stock charts, enhancing the trading experience. Admirals and HYCM provide a similar breadth of features for watch lists, each offering seven columns for detailed monitoring of investments. Despite both receiving four-star ratings for their trading platforms and tools, Admirals ranks higher at #19 compared to HYCM's #40 in ForexBrokers.com's evaluation of 62 brokers. This distinction is particularly compelling for those prioritizing a more extensive selection of trading tools.
| 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 offered by Admirals and HYCM, both platforms provide comprehensive features that cater to traders on the go. Admirals and HYCM have developed apps compatible with both iPhone and Android devices, ensuring ease of access across different platforms. Both offer vital features such as stock and forex price alerts, and the ability to draw trendlines on charts. Admirals and HYCM each provide 30 technical studies for in-depth chart analysis, with multiple time frames viewable from daily to intraday options. Although neither app offers watchlist symbol syncing for seamless updates between mobile and online accounts, they allow users to create watchlists with real-time quotes. Importantly, saved chart drawings are preserved automatically on both platforms, providing further convenience to users.
While Admirals and HYCM mobile apps are similarly rated with four stars for their overall features, there is a distinction in their rankings. Admirals ranks higher at #23 among 62 brokers in the ForexBrokers.com mobile trading apps category, while HYCM is positioned at #37. This suggests that while both apps are well-crafted in terms of functionality and design, users might find Admirals slightly better regarded within the trading community. However, both platforms offer versatile and effective tools that equip traders with the necessary resources to make informed decisions while trading on the move.
| 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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|---|---|---|
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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) | Yes | 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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