Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Earn, 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.
Established in 1977, HYCM (Henyep Capital Markets) is a longstanding player in the online brokerage industry. They hold two Tier-1 licenses and one Tier-2 license, indicating a high level of trustworthiness according to ratings from ForexBrokers.com. This trust is further confirmed by their Trust Score of 86 out of 99, placing them in the "trusted" category. Although not listed on a stock exchange and not a bank, HYCM remains a reliable choice for investors seeking assurance in regulatory compliance and operational integrity.
Earn, founded in 1994, holds a single Tier-1 license, reflecting a commitment to maintaining essential regulatory standards. With a Trust Score of 71 out of 99 from ForexBrokers.com, Earn is categorized as "average risk" but shows potential stability through its longevity and licensing. Like HYCM, Earn is neither publicly traded nor a banking institution. Investors might consider Earn if looking for a brokerage with a reasonably sound regulatory framework and a moderate trust rating.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Year Founded | 1977 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When it comes to evaluating commissions and fees, HYCM (Henyep Capital Markets) offers competitive pricing options, especially with its Raw account, which boasts an all-in cost of about 0.6 pips for EUR/USD trades after commission is applied. However, if you opt for HYCM's Classic account, be prepared for slightly higher expenses with a variable spread that starts from 1.2 pips. Additionally, HYCM provides a fixed-spread account option, featuring a stable spread of 1.5 pips. With these offerings, HYCM has garnered a 4.5-star rating for commissions and fees.
In contrast, Earn does not provide specific average spread data, which can make it challenging for potential investors to clearly understand their cost structure. This lack of transparency impacts its favorability when compared to more detailed offerings like those from HYCM. As a result, Earn is rated with 4 stars in this category, slightly trailing behind HYCM.
Regarding their standings among competitors, HYCM ranks impressively at #15 out of 62 brokers in the Commissions and Fees category, according to ForexBrokers.com. On the other hand, Earn holds the #46 spot. This ranking highlights HYCM's strong position in offering competitive pricing structures compared to Earn, giving traders clearer insights into expected costs.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Minimum Deposit | $20 | $100 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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 the range of investments available at HYCM (Henyep Capital Markets) and Earn, HYCM edges out with a broader selection. HYCM provides access to 1,199 tradeable symbols, allowing investors to explore a wider variety of markets. In contrast, Earn offers 500 symbols, which, while diverse, do not match the breadth provided by HYCM. Both brokers support forex trading in the form of CFDs or spot contracts, but HYCM stands out with 70 forex pairs compared to Earn's 61. Moreover, HYCM extends its offerings with the ability to trade exchange-traded securities on both U.S. and international exchanges, presenting opportunities to invest in major companies like Apple and Vodafone directly. Conversely, Earn does not support trading in exchange-traded securities outside of CFDs.
While both platforms offer cryptocurrency derivatives, neither provides the option to buy cryptocurrencies directly. When it comes to copy trading, Earn distinguishes itself by allowing this feature, which HYCM does not. In terms of ratings, HYCM is awarded 4 stars out of 5 for its range of investments by ForexBrokers.com, ranking 33rd among 62 brokers. Earn trails slightly with a 3.5-star rating, ranking 45th in the same category. Overall, HYCM offers a more comprehensive investment portfolio, catering to a broader spectrum of investor needs, though each broker brings unique features to the table that may appeal to different trading strategies or preferences.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 500 |
| Forex Pairs (Total) | 70 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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 the trading platforms and tools of HYCM (Henyep Capital Markets) and Earn, both brokers offer traders access to essential features such as free virtual demo accounts, standard web-based platforms, and desktop downloads compatible with Windows. HYCM distinguishes itself by offering a proprietary platform developed in-house, whereas Earn does not provide a proprietary option. Both brokers support popular MetaTrader versions, MT4 and MT5, facilitating a wide array of trading strategies and automated trading systems. However, those interested in copy trading tools might find Earn more appealing, as it offers this feature along with compatibility with ZuluTrade, whereas HYCM does not support either.
For charting capabilities, both HYCM and Earn deliver a similar experience by providing 15 drawing tools and allowing trades directly from stock charts, with each broker offering 7 columns in their watch lists. In terms of technical indicator variety, neither broker specifies a particular figure, but their consistent offerings in essential trading aspects earn them both a 4-star rating for their trading platforms and tools. Despite this similarity, HYCM holds a slight edge, ranked #40 out of 62 brokers in this category as opposed to Earn's standing at #51, likely reflecting differences in proprietary platform availability and features like copy trading options.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| Charting - Drawing Tools (Total) | 15 | 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 HYCM (Henyep Capital Markets) and Earn offer solid options for traders on the go. Both platforms provide apps compatible with iPhone and Android devices, catering to the needs of a wide user base. With features like stock and forex price alerts and the ability to draw trendlines on charts, users can keep a close watch on market movements. Both mobile apps allow traders to view multiple time frames and create real-time watchlists, making monitoring investments convenient. However, neither platform supports watchlist syncing, meaning that updates to watchlists don't automatically sync between different devices.
In terms of technical studies, Earn holds a slight edge with 35 available studies compared to HYCM's 30. Despite these differences, both platforms receive a commendable 4-star rating for their mobile trading apps. According to ForexBrokers.com rankings, Earn stands higher at #26 out of 62 brokers, while HYCM is positioned at #37. Whether you choose HYCM or Earn, both platforms offer capable mobile trading experiences to suit your trading needs.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| 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 comparing the market research capabilities of HYCM (Henyep Capital Markets) and Earn, both brokers provide daily market commentary to keep investors informed. They also offer forex news gathered from top-tier sources such as Bloomberg, Reuters, and Dow Jones, ensuring that traders have access to reliable and timely information. While neither broker offers research tools from companies like Autochartist or Acuity Trading, HYCM outshines Earn by providing technical analysis tools from Trading Central, which Earn lacks. However, both brokers fall short in offering sentiment-based trading tools and market research from TipRanks.
HYCM and Earn go head-to-head in providing an economic calendar that displays global news events, which is crucial for traders who need to keep an eye on economic indicators. Despite similarities in some offerings, HYCM pulls slightly ahead with a ForexBrokers.com ranking of 35 out of 62 brokers, compared to Earn's ranking of 38. Both brokers share a research rating of 3.5 stars out of five, indicating a moderate level of market research support, yet HYCM’s additional tools give it a slight edge in this competitive landscape.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
HYCM (Henyep Capital Markets) and Earn offer different levels of educational resources for those new to trading. HYCM provides a comprehensive approach with a suite of over ten educational materials specifically focusing on forex and CFDs. Their offerings include an investor dictionary defining over 50 investing terms, which can greatly aid beginners in grasping key concepts. Additionally, HYCM has a searchable archive of previously recorded webinars and a collection of at least ten beginner-friendly trading videos. These resources make it easier for novices to learn at their own pace, even though advanced trading videos are limited.
In contrast, Earn falls short in providing educational tools for beginners as they lack the same foundational resources. They do not meet the minimum provision of ten educational pieces on forex or CFDs and have no searchable archive of past webinars or a comprehensive investor dictionary. This absence of resources is reflected in their educational rating, where both brokers are rated equally with 3.5 stars, yet strongly differentiated by their educational rank among brokers, positioning HYCM significantly higher at 32nd compared to Earn's 61st place. As a result, beginners seeking structured learning and resources might lean toward HYCM for a more helpful educational experience.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than Earn. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Earn finished with an overall rank of #50.
HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform). That said, HYCM offers a narrow range of symbols to forex and CFD traders.
| Feature |
HYCM (Henyep Capital Markets)
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 71 |
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Both HYCM (Henyep Capital Markets) and Earn do not offer the ability to buy actual (delivered) cryptocurrency, but they both provide options for purchasing cryptocurrency derivatives.
Both HYCM (Henyep Capital Markets) and Earn offer Skrill, Visa, Mastercard, and bank wires for depositing and withdrawing funds, but neither supports ACH, SEPA, or PayPal transactions.
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 | HYCM (Henyep Capital Markets) | Earn | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Earn | |
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| Regulation | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Trust Score | 86 | 71 | |
| Year Founded | 1977 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 500 | |
| Forex Pairs (Total) | 70 | 61 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Minimum Deposit | $20 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| 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 | 35 | |
| 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 | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Earn | |
|---|---|---|---|
| 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 | HYCM (Henyep Capital Markets) Review |
| Overall | HYCM (Henyep Capital Markets) | Earn | |
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| Trust Score | 86 | 71 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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