Written by ForexBrokers.com
In this head to head comparison of AvaTrade 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.
When comparing AvaTrade and HYCM in terms of regulatory trust and credibility, both companies show notable differences reflective of their operations and history. AvaTrade, established in 2006, holds four Tier-1 licenses and three Tier-2 licenses, contributing to its high ForexBrokers.com Trust Score of 94, placing it in the highly trusted category. It is not publicly traded nor a bank, yet its regulatory compliance across multiple jurisdictions underscores its commitment to security and trust for its clients.
HYCM, on the other hand, has been in operation since 1977, displaying longevity in the online trading sector. With two Tier-1 licenses and one Tier-2 license, HYCM has earned a ForexBrokers.com Trust Score of 86, categorizing it as trusted. Like AvaTrade, HYCM is not publicly listed and does not operate as a bank. Despite this, HYCM’s long-standing presence in the market and regulatory approvals ensure a dependable trading environment for its users.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2006 | 1977 |
| Publicly Traded (Listed) | ||
| Bank | ||
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing AvaTrade and HYCM in terms of commissions and fees, both brokers stand out with competitive offerings. AvaTrade features spreads that hover around the industry average, just under one pip (0.9 pips as of June 2024). Despite being slightly higher than CMC Markets and Tickmill's entry-level accounts, AvaTrade provides an appealing option for professional traders, offering spreads of 0.6 pips on its Professional account. This competitive pricing earns AvaTrade a commendable rating of 4.5 stars and a #12 ranking out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com.
HYCM, on the other hand, provides its customers with a variety of account types for different trading needs. The Raw account stands out for its cost-effectiveness, offering an all-in cost of around 0.6 pips for the popular EUR/USD pair after considering commissions. For those opting for the Classic account, traders will encounter some variability, with spreads starting from 1.2 pips. Additionally, HYCM provides a fixed-spread account option at 1.5 pips. Like AvaTrade, HYCM also garners a solid 4.5-star rating for its pricing structure and holds the #15 spot among 63 brokers in the same category.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 0.93 | 1.2 |
| All-in Cost EUR/USD - Active | 0.61 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | ||
| PayPal (Deposit/Withdraw) | Yes | |
| 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 investment offerings at AvaTrade and HYCM (Henyep Capital Markets), both brokers provide a comprehensive selection of trading options. AvaTrade offers forex trading as both a CFD and spot contract, featuring a wide array of 1,260 tradable symbols, including 53 forex pairs. On the other hand, HYCM also supports forex trading with CFDs and spot contracts, providing a slightly smaller total of 1,199 tradable symbols but a higher number of forex pairs at 70. While AvaTrade excels in copy trading capabilities, HYCM stands out by offering exchange-traded securities on both U.S. and international exchanges, giving clients the opportunity to invest in companies like Apple and Vodafone directly. Both brokers offer cryptocurrency derivatives, although neither provides the option to buy actual cryptocurrencies.
In terms of ratings, both AvaTrade and HYCM earn 4 out of 5 stars for their range of investments, indicating a strong performance in this area. According to ForexBrokers.com, AvaTrade is ranked slightly higher at #32, while HYCM comes in close at #33 out of 63 brokers. This suggests that both brokers deliver solid investment opportunities, with subtle differences in their product offerings that might sway an investor to one platform over the other, depending on specific investment needs and strategies.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 1199 |
| Forex Pairs (Total) | 53 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | |
| Cryptocurrency (Physical) | ||
| 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 the trading platforms and tools of AvaTrade and HYCM, both brokers offer a comprehensive set of features. AvaTrade and HYCM provide users with simulated trading through free virtual demo accounts. Each broker has developed its own proprietary platforms, ensuring a customized trading experience while also offering MetaTrader 4 and MetaTrader 5 for those preferring more traditional tools. Both brokers support Windows-based desktop platforms and web-based trading platforms, giving users flexibility in how they access the markets. However, AvaTrade stands out with additional offerings such as copy trading, DupliTrade, and ZuluTrade, providing further opportunities for strategy diversification.
In terms of user interface, AvaTrade offers 13 charting drawing tools compared to HYCM’s 15, and both offer trading directly from stock charts. When evaluating watch lists, both platforms support seven columns for efficient market monitoring. AvaTrade earns a slightly higher rating with 4.5 stars for its trading platforms and tools, ranking 13th out of 63 brokers according to ForexBrokers.com, while HYCM is rated 4 stars and ranks 40th. These distinctions make AvaTrade a compelling choice for traders seeking advanced functionality and a broader range of trading aids.
| Feature |
AvaTrade
|
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 | |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | |
| ZuluTrade | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 30 |
| Charting - Drawing Tools (Total) | 13 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both AvaTrade and HYCM offer accessible solutions for iPhone and Android users, along with essential features like stock and forex price alerts. AvaTrade distinguishes itself by providing a seamless sync for watchlists between its mobile app and online account, a feature not available with HYCM. AvaTrade also shines in its charting options, offering 73 technical studies compared to HYCM's 30, though HYCM allows you to auto-save drawings, adding a touch of convenience.
AvaTrade's mobile app allows a deep dive into chart analysis with trendline drawing and viewing across multiple time frames, matching HYCM's capabilities in these areas. On the practical side, both platforms enable real-time watchlist creation. However, AvaTrade nabs a higher customer satisfaction score, with a 4.5-star rating compared to HYCM's 4 stars. Ranked as the 13th mobile app by ForexBrokers.com among 63 brokers, AvaTrade comfortably outpaces HYCM, which lands at 37th place.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing AvaTrade and HYCM (Henyep Capital Markets) for market research features, both brokers provide access to essential forex news from reputable sources such as Bloomberg, Reuters, and Dow Jones. However, AvaTrade takes a slight edge by offering sentiment-based trading tools that display the ratio of long or short positions across various instruments, a feature not available at HYCM. Additionally, both brokers collaborate with Trading Central to provide technical analytics. They also offer economic calendars to keep traders informed on global news events. While neither AvaTrade nor HYCM provides market research tools from Autochartist, TipRanks, or Acuity Trading, their offerings still cater to traders seeking reliable and diverse market insights.
In terms of rankings and ratings, both AvaTrade and HYCM are neck and neck. AvaTrade receives a 4-star rating for research, positioning itself at #34 out of 63 brokers according to ForexBrokers.com. On the other hand, HYCM follows closely with a 3.5-star rating and is ranked #35. Despite their similar standings, the additional sentiment trading tools from AvaTrade may attract traders who place a premium on understanding market sentiment.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | ||
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both AvaTrade and HYCM provide a range of materials to help new traders get started. Each broker offers a minimum of 10 educational pieces focusing on forex or CFDs, including articles, videos, and archived webinars. AvaTrade stands out by hosting monthly online educational webinars, a feature that is notably absent from HYCM. Both firms provide a searchable archive of past webinars, allowing learners to revisit valuable content at their convenience. For foundational learning, both brokers present over 10 beginner-friendly educational videos on trading topics, catering to those new in the field.
AvaTrade distinguishes itself by also offering more than 10 advanced educational videos for experienced traders, a service not available with HYCM. Both AvaTrade and HYCM supply an investor dictionary featuring definitions for over 50 investing terms, making it easier for users to understand trading jargon. When rated for educational quality, AvaTrade scores 4 out of 5 stars, surpassing HYCM, which holds a 3.5-star rating. AvaTrade's commitment to education is further highlighted by its #2 ranking out of 63 brokers in the Education category on ForexBrokers.com, whereas HYCM is ranked #32. This places AvaTrade as a more attractive choice for those seeking comprehensive educational support in their trading journey.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that AvaTrade is better than HYCM (Henyep Capital Markets). AvaTrade finished with an overall rank of #13, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.
| Feature |
AvaTrade
|
HYCM (Henyep Capital Markets)
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 86 |
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Both AvaTrade and HYCM (Henyep Capital Markets) offer the ability to buy cryptocurrency derivatives, but neither provide the option to purchase actual (delivered) cryptocurrency.
Comparing the deposit and withdrawal options, AvaTrade and HYCM both support Visa, Mastercard, Skrill, and bank wire transfers, while AvaTrade additionally provides PayPal services, but neither offers ACH or SEPA transfers.
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 | AvaTrade | HYCM (Henyep Capital Markets) | |
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| Trust Score | 94 | 86 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | AvaTrade | HYCM (Henyep Capital Markets) | |
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| Regulation | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 94 | 86 | |
| Year Founded | 2006 | 1977 | |
| Publicly Traded (Listed) | |||
| Bank | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | ||
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | ||
| Hong Kong (SFC Authorised) | Yes | ||
| Japan (SFC Authorised) | Yes | ||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | ||
| South Africa (FSCA Authorised) | Yes | ||
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| Investments | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 1199 | |
| Forex Pairs (Total) | 53 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | ||
| Int'l Stock Trading (Non CFD) | Yes | ||
| Social Trading / Copy Trading | Yes | ||
| Cryptocurrency (Physical) | |||
| 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 | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.93 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | ||
| Execution: Agency Broker | Yes | ||
| Execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers |
| Trading Platforms | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | ||
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | |||
| DupliTrade | Yes | ||
| ZuluTrade | Yes |
| Trading Tools | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 80 | 30 | |
| Charting - Drawing Tools (Total) | 13 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | 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 | Yes | ||
| Mobile Charting - Indicators / Studies | 73 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | ||
| Mobile Economic Calendar | Yes | Yes |
| Research | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | ||
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | |||
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | ||
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | ||
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | AvaTrade | 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 | AvaTrade Review | HYCM (Henyep Capital Markets) Review |
| Overall | AvaTrade | HYCM (Henyep Capital Markets) | |
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| Trust Score | 94 | 86 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | HYCM (Henyep Capital Markets) Review |
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