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
When comparing online brokers Capital.com and HYCM, both offer solid trust credentials that can help investors feel more secure. Capital.com, established in 2016, holds three Tier-1 licenses and one Tier-2 license, earning it a Trust Score of 87 from ForexBrokers.com, placing it in the "trusted" category. HYCM, with a long history dating back to 1977, possesses two Tier-1 licenses and one Tier-2 license, resulting in a Trust Score of 86, also deemed "trusted."
Neither Capital.com nor HYCM is publicly traded or operates as a bank. While both brokers are regulated and hold reputable licenses, Capital.com carries a slight edge in the number of Tier-1 licenses. Nevertheless, their Trust Scores reflect their reliability in the online trading landscape, giving potential clients a good basis for assessing their options.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Year Founded
info
|
2016
|
1977
|
Publicly Traded (Listed)
info
|
No
|
No
|
Bank
info
|
No
|
No
|
Tier-1 Licenses
info
|
3
|
2
|
Tier-2 Licenses
info
|
1
|
1
|
Tier-3 Licenses
info
|
0
|
0
|
Tier-4 Licenses
info
|
2
|
1
|
Fees
When comparing the commissions and fees of online brokers Capital.com and HYCM, Capital.com stands out for offering slightly better than industry-average pricing. With a dynamic spread of 0.67 pips for EUR/USD, confirmed as its average spread for April 2024, Capital.com is an attractive option for low-cost forex trading. The broker offers a universal account for retail traders and a professional account option for those who qualify, though professional clients have different regulatory protections. Rated five stars for commissions and fees, Capital.com ranks #3 among 62 brokers according to ForexBrokers.com.
HYCM (Henyep Capital Markets) offers a Raw account with competitive pricing, featuring an all-in cost of about 0.6 pips for EUR/USD after commissions. The broker also offers a Classic account starting from a variable spread of 1.2 pips and a fixed-spread account with a spread of 1.5 pips. Although slightly more expensive than Capital.com, HYCM still provides excellent options for traders, which is reflected in its 4.5-star rating for commissions and fees. It holds the #15 spot in the rankings of 62 brokers by ForexBrokers.com.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Minimum Deposit
info
|
$20
info |
$20
|
Average Spread EUR/USD - Standard
info
|
0.67
info |
1.2
info |
All-in Cost EUR/USD - Active
info
|
0.67
info |
0.6
info |
Active Trader or VIP Discounts
info
|
Yes
|
Yes
|
ACH or SEPA Transfers
info
|
No
|
No
|
PayPal (Deposit/Withdraw)
info
|
Yes
|
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.
Range of investments
When comparing the range of investments offered by Capital.com and HYCM, it's evident that both platforms cater to different needs. Capital.com impresses with a vast array of 3007 tradeable symbols, including 125 forex pairs, positioning itself as a versatile choice for those looking to explore various markets. While it does not provide options to buy exchange-traded securities on either U.S. or international exchanges, Capital.com does allow investing in cryptocurrency derivatives. Despite the absence of copy trading, Capital.com is favorably rated at 4.5 stars and is ranked 22nd out of 62 brokers by ForexBrokers.com for its investment range.
In contrast, HYCM offers a more limited range, with 1199 tradeable symbols, including 70 forex pairs. However, it provides a significant advantage for traditional investors by allowing access to buy exchange-traded securities on both U.S. and international exchanges. Like Capital.com, it supports trading in cryptocurrency derivatives but does not offer copy trading or direct cryptocurrency purchases. HYCM holds a 4-star rating and is ranked 33rd among 62 brokers by ForexBrokers.com for its investment offerings. This makes HYCM a solid option for those particularly interested in trading actual stocks alongside forex and crypto derivatives.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Forex Trading (Spot or CFDs)
info
|
Yes
|
Yes
|
Tradeable Symbols (Total)
info
|
3007
|
1199
|
Forex Pairs (Total)
info
|
125
|
70
|
U.S. Stock Trading (Non CFD)
info
|
No
|
Yes
|
Int'l Stock Trading (Non CFD)
info
|
No
|
Yes
|
Social Trading / Copy Trading
info
|
No
|
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 comparing trading platforms and tools, Capital.com and HYCM both offer their own proprietary platforms alongside widely-used MetaTrader 4 (MT4) options. With each broker providing a virtual demo account, traders can comfortably familiarize themselves with their platforms' functionalities. Both companies have developed platforms accessible via Windows desktop download and web-based browsers, and they enable trading directly from charts. However, Capital.com does not support MetaTrader 5 (MT5), unlike HYCM, which might be a deciding factor for traders seeking advanced MT5 features.
Capital.com offers 18 drawing tools compared to HYCM's 15, and also provides 11 columns for watchlists, superior to HYCM's 7, offering a more detailed market overview. Although neither broker supports copy trading or provides integration with DupliTrade or ZuluTrade, Capital.com's platforms and tools are rated 4.5 stars, outperforming HYCM's 4-star rating. Furthermore, Capital.com's superior ranking as #12 out of 62 brokers on ForexBrokers.com highlights its proficiency in this category compared to HYCM's #40 rank.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Virtual Trading (Demo)
info
|
Yes
|
Yes
|
Proprietary Platform
info
|
Yes
|
Yes
|
Desktop Platform (Windows)
info
|
Yes
|
Yes
|
Web Platform
info
|
Yes
|
Yes
|
Social Trading / Copy Trading
info
|
No
|
No
|
MetaTrader 4 (MT4)
info
|
Yes
|
Yes
|
MetaTrader 5 (MT5)
info
|
No
|
Yes
|
DupliTrade
info
|
No
|
No
|
ZuluTrade
info
|
No
|
No
|
Charting - Indicators / Studies (Total)
info
|
83
|
30
|
Charting - Drawing Tools (Total)
info
|
18
|
15
|
Charting - Trade From Chart
info
|
Yes
|
Yes
|
Watchlists - Total Fields
info
|
11
|
7
|
View More
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
Capital.com and HYCM both provide mobile trading apps for iPhone and Android devices, covering essential features for traders. They both support stock and forex price alerts, allowing users to stay updated on market movements. One limitation for both platforms is the absence of watchlist symbol syncing, so changes on mobile or web platforms wonโt carry over automatically. On the technical side, each app offers 30 technical studies for charting, along with features like drawing trendlines and viewing charts in multiple timeframes such as daily or weekly. Both apps also ensure that your chart drawings are auto-saved, adding a layer of convenience.
Furthermore, creating a watchlist with real-time quotes is possible with both brokers, aiding traders in their decisions. In terms of user reviews, Capital.com shines with a rating of 4.5 stars while HYCM holds a solid 4-star rating. When ranked among 62 brokers by ForexBrokers.com, Capital.com comes in at a favorable 12th place compared to HYCMโs position at 37th, reflecting the former's higher overall user satisfaction in mobile trading experiences.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Android App
info
|
Yes
|
Yes
|
Apple iOS App
info
|
Yes
|
Yes
|
Mobile Alerts - Basic Fields
info
|
Yes
|
Yes
|
Watchlist Syncing
info
|
No
|
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
|
Yes
|
Yes
|
Mobile Watchlist
info
|
Yes
|
Yes
|
Dive deeper: Best Forex Trading Apps.
Market research
Capital.com and HYCM both provide daily market commentary, ensuring traders stay informed with timely insights. However, for those looking for forex news from esteemed outlets like Bloomberg or Reuters, HYCM takes the lead by offering this feature, whereas Capital.com does not. While neither broker provides tools from Autochartist, HYCM has the advantage with access to Trading Central's technical analytics, which Capital.com lacks. In terms of sentiment-based trading tools, Capital.com offers an advantage, giving insights into long or short position ratios across various instruments, a feature missing in HYCM's offerings.
Market research enthusiasts may favor Capital.com for its exclusive access to TipRanks and a well-rated research platform, shining with 4.5 stars compared to HYCM's 3.5 stars. Both brokers provide a global economic calendar for tracking key events, but when ranked among 62 brokers by ForexBrokers.com for research, Capital.com holds a superior position at #14, significantly ahead of HYCM's rank at #35. These distinctions highlight unique strengths and limitations, directing traders to their preferred broker based on individual needs in market research.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Daily Market Commentary
info
|
Yes
|
Yes
|
Forex News (Top-Tier Sources)
info
|
No
|
Yes
|
Autochartist
info
|
No
|
No
|
Trading Central (Recognia)
info
|
No
|
Yes
|
Social Sentiment - Currency Pairs
info
|
Yes
|
No
|
TipRanks
info
|
Yes
|
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, both Capital.com and HYCM (Henyep Capital Markets) have made efforts to provide substantial forex and CFDs education. Each broker offers a wide range of educational materials, including articles, videos, and archived webinars. Both brokers also provide a searchable archive of recorded webinars and offer educational videos specifically tailored for beginners. However, Capital.com surpasses HYCM with its collection of advanced educational videos, catering to seasoned traders as well.
For those just starting out, Capital.com might be the more appealing option due to its higher ranking and rating in educational resources. It ranks 8th among 62 brokers and holds a 4.5-star rating, demonstrating a strong commitment to trader education. Although HYCM has a decent offering with a 3.5-star rating and a 32nd place ranking, it falls short in providing advanced educational content. Additionally, both brokers offer a comprehensive investor dictionary that defines at least 50 investing terms, making it easier for beginners to understand the trading world.
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
Education (Forex or CFDs)
info
|
Yes
|
Yes
|
Client Webinars
info
|
No
|
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
|
Yes
|
Yes
|
Dive deeper: Best Forex Brokers for Beginners.
Winner
After testing 62 of the best forex brokers, our research and account testing finds that Capital.com is better than HYCM (Henyep Capital Markets). Capital.com finished with an overall rank of #10, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
Capital.com stands out for its quality research, strong educational content, and innovative web platform. Capital.com holds fewer regulatory licenses and offers a narrower range of markets than some of the best brokers, but still significantly outperforms the industry average.
FAQs
Can you trade cryptocurrency with Capital.com or HYCM (Henyep Capital Markets)?
Both Capital.com and HYCM (Henyep Capital Markets) do not offer the ability to buy actual, delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives, allowing traders to speculate on digital currency price movements without owning the asset.
What funding options does each broker offer?
When comparing online brokers Capital.com and HYCM, both offer Skrill, Visa/Mastercard, and bank wire options for deposits and withdrawals, but Capital.com provides additional flexibility with the acceptance of PayPal, whereas neither broker supports ACH or SEPA transfers.
announcementPlease note:
We review each brokerโs overall global offering โ a โYesโ 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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Overall Rating
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Overall Rating info
|
|
|
|
Commissions & Fees |
|
|
|
Range of Investments |
|
|
|
Platform & Tools |
|
|
|
Mobile Trading |
|
|
|
Research |
|
|
|
Education |
|
|
|
Trust Score info
|
87
|
86
|
|
Winner |
check_circle
|
|
|
Review |
Capital.com Review
|
HYCM (Henyep Capital Markets) Review
|
|
Broker Screenshots
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Trading Platforms Gallery (click to expand) info
|
|
|
|
Mobile Trading Gallery (click to expand) info
|
|
|
|
Research Gallery (click to expand) info
|
|
|
|
Education Gallery (click to expand) info
|
|
|
|
Regulation
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Trust Score info
|
87
|
86
|
|
Year Founded info
|
2016
|
1977
|
|
Publicly Traded (Listed) info
|
No
|
No
|
|
Bank info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
Yes
info
|
No
info
|
|
Tier-1 Licenses info
|
3
|
2
|
|
Tier-2 Licenses info
|
1
|
1
|
|
Tier-3 Licenses info
|
0
|
0
|
|
Tier-4 Licenses info
|
2
|
1
|
|
Tier-1 Licenses (Highly Trusted)
|
Capital.com |
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
|
No
|
No
|
|
United Kingdom (U.K.) (FCA Authorised) info
|
Yes
|
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
info
|
No
info
|
|
Tier-2 Licenses (Trusted)
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Kenya (CMA Authorised) info
|
No
|
No
|
|
Israel (ISA Authorised) info
|
No
|
No
|
|
South Africa (FSCA Authorised) info
|
No
|
No
|
|
UAE (DFSA/Central Bank Authorised) info
|
No
|
Yes
|
|
India (SEBI Authorised) info
|
No
|
No
|
|
Jordan (JSC Authorised) info
|
No
|
No
|
|
Investments
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Forex Trading (Spot or CFDs) info
|
Yes
|
Yes
|
|
Tradeable Symbols (Total) info
|
3007
|
1199
|
|
Forex Pairs (Total) info
|
125
|
70
|
|
U.S. Stock Trading (Non CFD) info
|
No
|
Yes
|
|
Int'l Stock Trading (Non CFD) info
|
No
|
Yes
|
|
Social Trading / Copy Trading info
|
No
|
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
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Average Spread EUR/USD - Standard info
|
0.67
info
|
1.2
info
|
|
All-in Cost EUR/USD - Active info
|
0.67
info
|
0.6
info
|
|
Active Trader or VIP Discounts info
|
Yes
|
Yes
|
|
Inactivity Fee info
|
Yes
|
No
|
|
Execution: Agency Broker info
|
No
|
Yes
|
|
Execution: Market Maker info
|
Yes
|
Yes
|
|
Funding
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Minimum Deposit info
|
$20
info
|
$20
|
|
PayPal (Deposit/Withdraw) info
|
Yes
|
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
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Proprietary Platform info
|
Yes
|
Yes
|
|
Desktop Platform (Windows) info
|
Yes
|
Yes
|
|
Web Platform info
|
Yes
|
Yes
|
|
Social Trading / Copy Trading info
|
No
|
No
|
|
MetaTrader 4 (MT4) info
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5) info
|
No
|
Yes
|
|
cTrader info
|
No
|
No
|
|
DupliTrade info
|
No
|
No
|
|
ZuluTrade info
|
No
|
No
|
|
Trading Tools
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
Alerts - Basic Fields info
|
Yes
|
Yes
|
|
Watchlists - Total Fields info
|
11
|
7
|
|
Charting - Indicators / Studies (Total) info
|
83
|
30
|
|
Charting - Drawing Tools (Total) info
|
18
|
15
|
|
Charting - Trade From Chart info
|
Yes
|
Yes
|
|
Charts can be saved info
|
Yes
|
Yes
|
|
Mobile Trading
|
Capital.com |
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
|
No
|
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
|
Yes
|
Yes
|
|
Mobile Economic Calendar info
|
Yes
|
Yes
|
|
Research
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Daily Market Commentary info
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources) info
|
No
|
Yes
|
|
Autochartist info
|
No
|
No
|
|
Trading Central (Recognia) info
|
No
|
Yes
|
|
TipRanks info
|
Yes
|
No
|
|
Social Sentiment - Currency Pairs info
|
Yes
|
No
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
Education
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
Education (Forex or CFDs) info
|
Yes
|
Yes
|
|
Client Webinars info
|
No
|
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
|
Yes
|
Yes
|
|
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