Written by ForexBrokers.com
In this head to head comparison of CMC Markets 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 CMC Markets and HYCM (Henyep Capital Markets), understanding their regulatory backgrounds and trustworthiness is essential for investors. CMC Markets, established in 1989, stands out with a remarkable Trust Score of 99 from ForexBrokers.com, indicating an exceedingly high level of trust. With five Tier-1 licenses and one Tier-2 license, CMC Markets is well-anchored in compliance and reliability. Moreover, it is publicly traded, providing an additional layer of transparency and accountability to its clients. In contrast, HYCM, founded in 1977, is not listed on a stock exchange but still maintains credibility with a Trust Score of 86. HYCM is supported by two Tier-1 licenses and one Tier-2 license, signifying a reputable level of trust and governance in the trading industry.
Both brokers are non-banking financial entities and offer services in the online trading space with a commitment to regulatory standards. CMC Markets takes the lead with its strong regulatory stance and higher trust score, which may appeal to traders seeking the utmost assurance in their trading platform. Meanwhile, HYCM balances its lengthy history with adequate licensing, presenting a trusted option for those who prioritize experience and legality in their trading partner. Each broker comes with its unique strengths, making them favorable options for different investor needs while reflecting strong regulatory credibility in the financial markets.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 1989 | 1977 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
CMC Markets is celebrated for its low commission and fee structure, securing the top spot in ForexBrokers.com's 2025 Annual Awards for Commissions and Fees. With competitive spreads, especially highlighted by an average of 0.61 pips on the EUR/USD pair, CMC Markets offers enticing pricing options for traders at all levels. Their newly initiated Price Plus Scheme allows active traders to enjoy spread discounts, rewarding them based on trading volumes and market engagements. Additionally, the FX Active pricing structure rounds off CMC Markets' offerings by combining low spreads with a commission of $2.50 per side, making CMC a standout in terms of cost-efficiency.
In comparison, HYCM (Henyep Capital Markets) provides a Raw account that is competitively priced with an all-in cost of 0.6 pips for EUR/USD, which is slightly above CMC's offering. However, their Classic account starts with a higher variable spread of 1.2 pips, and they also offer a fixed-spread account with a spread of 1.5 pips. While these options provide flexibility, they tend to be more expensive than CMC Markets, particularly when compared with CMC's FX Active pricing.
Overall, CMC Markets earns a 5-star rating for commissions and fees, standing out at first place among 62 brokers reviewed by ForexBrokers.com. Conversely, HYCM holds a respectable 4.5-star rating but ranks 15th in the same category. This highlights CMC Markets' exceptional scope and appeal to cost-conscious traders, positioning it as a leader in the online trading industry.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | 0.61 | 1.2 |
| All-in Cost EUR/USD - Active | 0.51 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing CMC Markets to HYCM in terms of the range of available investments, both online brokers provide comprehensive trading options but with notable differences. CMC Markets stands out with an extensive variety of 11,925 tradeable symbols, significantly surpassing HYCM's offering of 1,199 symbols. This broader selection includes access to 156 forex pairs at CMC Markets, compared to 70 at HYCM. Both brokers enable clients to trade exchange-traded securities on U.S. and international exchanges, allowing them to purchase popular stocks like Apple and Vodafone. However, CMC Markets takes an edge by offering copy trading, a feature not available at HYCM.
For cryptocurrency enthusiasts, neither CMC Markets nor HYCM allows the purchase of actual (delivered) cryptocurrencies, but they both do offer derivatives in this asset category. Ranked 9th by ForexBrokers.com for the range of investments, CMC Markets earned an impressive 5-star rating, reflective of its comprehensive offerings. HYCM, on the other hand, received a 4-star rating and is placed 33rd among 62 brokers, illustrating a solid but less extensive range of investment opportunities compared to CMC Markets.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 11925 | 1199 |
| Forex Pairs (Total) | 156 | 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 CMC Markets and HYCM, both brokers offer a comprehensive range of trading platforms and tools, catering to diverse trading needs. They each provide a free virtual demo account and feature proprietary platforms developed in-house. Both brokers also support popular third-party platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and they offer trading through Windows-based desktop downloads and web-based platforms. However, CMC Markets distinguishes itself by offering copy trading, a feature HYCM lacks, potentially appealing to those interested in replicating the trades of experienced traders. Additionally, CMC Markets provides a more extensive suite of charting tools, with 40 drawing tools available compared to HYCM's 15, giving traders more flexibility in technical analysis.
CMC Markets is highly rated, receiving 5 out of 5 stars for its trading platforms and tools, and holds a strong fourth-place rank out of 62 brokers according to ForexBrokers.com. In contrast, HYCM, while still providing solid trading options, earns a 4-star rating and stands at rank 40 within the same category. The ability to trade directly from stock charts is a feature both brokers share, highlighting their commitment to streamlined trading processes. CMC Markets also offers more columns for watch lists, providing 11 fields compared to HYCM's 7, allowing for more detailed market monitoring. Overall, while both brokers offer capable platforms, CMC Markets seems to offer a more feature-rich experience, particularly for those valuing advanced trading tools and features.
| Feature |
CMC Markets
|
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) | 79 | 30 |
| Charting - Drawing Tools (Total) | 40 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both CMC Markets and HYCM offer comprehensive solutions for traders on the go. Both platforms support iPhone and Android devices, providing key features like stock and forex price alerts, charting capabilities with technical studies, trendline drawing, and the ability to view various time frames. However, CMC Markets stands out with its watchlist symbol syncing feature, allowing seamless synchronization between the mobile app and the client’s online account—an advantage not offered by HYCM.
CMC Markets also offers 29 technical studies compared to HYCM's 30, which provides users with plenty of tools for analysis. Although both platforms auto-save chart drawings and allow for creating watchlists with real-time quotes, CMC Markets has secured a higher user satisfaction rating with 5 stars out of 5 and ranks #5 out of 62 brokers for mobile trading apps according to ForexBrokers.com. HYCM, while still a strong contender with a 4-star rating, is positioned at #37 in the same ranking, making CMC Markets a preferred choice for those seeking a top-tier mobile trading experience.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 29 | 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 CMC Markets and HYCM excel in providing traders with insightful information. They each offer daily market commentary and access to forex news from esteemed outlets like Bloomberg and Reuters. However, CMC Markets has an edge with tools like Autochartist, which supports traders through technical and fundamental analysis. In contrast, HYCM stands out by offering Trading Central’s analytics, adding another layer of market insight. Additionally, CMC Markets provides sentiment-based trading tools that highlight the ratio of long or short positions in currency pairs, a feature absent in HYCM's offerings. Both brokers supply economic calendars to keep traders informed about global news events.
In terms of overall research quality, CMC Markets earns a stellar 5-star rating, securing a prestigious 6th place among 62 brokers reviewed by ForexBrokers.com. HYCM, though recognized for its strengths, achieves a rating of 3.5 stars and finds itself in the 35th position in the same category. While both platforms cater well to research needs, CMC Markets seems to offer a more comprehensive suite of analytical tools and insights for traders looking to make informed decisions.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to enhance their trading knowledge, both CMC Markets and HYCM (Henyep Capital Markets) provide educational support, including at least 10 resources focused on forex or CFDs. CMC Markets stands out by offering a blend of online resources and advanced educational videos designed specifically for both novice and skilled traders. While both brokers deliver a searchable archive of past webinars, neither regularly hosts live webinars to engage clients in real time. An investor dictionary with over 50 investing terms is available through both platforms, making it easier for newcomers to understand industry jargon.
When it comes to beginner-friendly videos, both CMC Markets and HYCM meet the mark, offering a series of videos tailored for those just starting out. However, CMC Markets takes it a step further by also providing advanced content aimed at experienced traders, which HYCM lacks. Due to its comprehensive educational offerings, CMC Markets boasts a higher educational rating of 5 stars and ranks #10 out of 62 brokers according to ForexBrokers.com. In contrast, HYCM holds a 3.5-star rating and is ranked #32, reflecting a more modest educational offering for traders.
| Feature |
CMC Markets
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | 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 CMC Markets is better than HYCM (Henyep Capital Markets). CMC Markets finished with an overall rank of #4, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
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HYCM (Henyep Capital Markets)
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|---|---|---|
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| Trust Score | 99 | 86 |
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Both CMC Markets and HYCM (Henyep Capital Markets) do not offer the ability to purchase actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
CMC Markets stands out from HYCM (Henyep Capital Markets) by offering more diverse payment options, including ACH, SEPA, and PayPal, while both brokers support Visa, Mastercard, and bank wire transactions; however, HYCM provides an additional option with Skrill.
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 | CMC Markets | HYCM (Henyep Capital Markets) | |
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| Trust Score | 99 | 86 | |
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| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | CMC Markets | HYCM (Henyep Capital Markets) | |
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| Regulation | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 99 | 86 | |
| Year Founded | 1989 | 1977 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | 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) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 11925 | 1199 | |
| Forex Pairs (Total) | 156 | 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 | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.61 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.51 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | CMC Markets | 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 | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 79 | 30 | |
| Charting - Drawing Tools (Total) | 40 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | 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 | No | |
| Mobile Charting - Indicators / Studies | 29 | 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 | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | 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 | CMC Markets | 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 | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
| Overall | CMC Markets | HYCM (Henyep Capital Markets) | |
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| Trust Score | 99 | 86 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | HYCM (Henyep Capital Markets) Review |
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