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 considering online broker platforms, HYCM (Henyep Capital Markets) and easyMarkets both stand out with their long-standing presence and regulatory credentials. HYCM, founded in 1977, is a privately-owned entity that operates without being a bank or a publicly traded company. easyMarkets, established in 2001, shares a similar ownership structure and is also neither a bank nor publicly listed. Both brokers hold two Tier-1 licenses, which signifies a high level of trust according to ForexBrokers.com, and one Tier-2 license, adding an additional layer of trustworthiness to their operations.
Although both brokers share similarities in regulatory standings, their Trust Scores from ForexBrokers.com show a slight difference. HYCM holds a Trust Score of 86, positioning it as a trusted entity, while easyMarkets is slightly lower but still within the trusted category, with a score of 84. Overall, both platforms demonstrate a reliable regulatory framework, making them solid options for traders prioritizing safety in their trading experiences.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
Year Founded
info
|
1977
|
2001
|
Publicly Traded (Listed)
info
|
No
|
No
|
Bank
info
|
No
|
No
|
Tier-1 Licenses
info
|
2
|
2
|
Tier-2 Licenses
info
|
1
|
1
|
Tier-3 Licenses
info
|
0
|
0
|
Tier-4 Licenses
info
|
1
|
2
|
Fees
Comparing the commissions and fees of HYCM (Henyep Capital Markets) to easyMarkets reveals notable differences in their pricing structures. HYCM is a strong contender with its Raw account offering an all-inclusive cost of approximately 0.6 pips for EUR/USD pairs, after accounting for commissions. The broker also provides a Classic account with a more variable spread starting from 1.2 pips, and a fixed-spread account with a spread of 1.5 pips. easyMarkets, on the other hand, has fixed spreads for EUR/USD at 0.8 pips when using its platform and TradingView. However, the cost rises to 1.7 pips when utilizing the MT4 Standard account, with the VIP account offering relief at 0.7 pips. MT5 users experience a variable spread starting from 0.7 pips.
In terms of ratings, HYCM scores an impressive 4.5 out of 5 stars for its commissions and fees, while easyMarkets receives a 3.5-star rating. This difference reflects the competitive edge HYCM holds in offering cost-effective trading options. The ranking provided by ForexBrokers.com places HYCM at the 15th spot out of 62 brokers in the Commissions and Fees category. easyMarkets, however, is ranked significantly lower, sitting at the 51st position. These rankings highlight the favorable pricing environment HYCM provides in comparison to easyMarkets.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
Minimum Deposit
info
|
$20
|
$25
|
Average Spread EUR/USD - Standard
info
|
1.2
info |
0.8
info |
All-in Cost EUR/USD - Active
info
|
0.6
info |
0.8
info |
Active Trader or VIP Discounts
info
|
Yes
|
Yes
|
ACH or SEPA Transfers
info
|
No
|
Yes
|
PayPal (Deposit/Withdraw)
info
|
No
|
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 HYCM and easyMarkets, both brokers provide options for forex trading via CFDs or spot contracts, but they vary significantly in their overall range of investments. HYCM offers a wide selection of tradeable symbols, boasting a total of 1199, which includes 70 forex pairs. In contrast, easyMarkets provides a selection of 230 symbols, with 63 forex pairs. Furthermore, HYCM allows investment in exchange-traded securities on both U.S. and international exchanges, giving access to shares like Apple and Vodafone. Unfortunately, easyMarkets does not offer direct investment options for such securities. However, easyMarkets caters to those interested in social trading by offering copy trading functionality, which HYCM does not provide.
In terms of cryptocurrency, neither broker supports purchasing actual cryptocurrencies, but both offer derivatives for those looking to gain exposure to the crypto market. Despite these similarities, HYCM edges ahead in customer satisfaction for the range of investments, earning a 4-star rating compared to easyMarkets' 3.5 stars. With these features and ratings, HYCM currently holds the 33rd position out of 62 brokers on ForexBrokers.com, whereas easyMarkets is ranked at 54th. Such distinctions highlight HYCM's broader investment offerings, making it a favorable choice for those seeking a diverse trading portfolio.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
Forex Trading (Spot or CFDs)
info
|
Yes
|
Yes
|
Tradeable Symbols (Total)
info
|
1199
|
230
|
Forex Pairs (Total)
info
|
70
|
63
|
U.S. Stock Trading (Non CFD)
info
|
Yes
|
No
|
Int'l Stock Trading (Non CFD)
info
|
Yes
|
No
|
Social Trading / Copy Trading
info
|
No
|
Yes
|
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
HYCM and easyMarkets both offer a variety of trading platforms and tools suited for traders of different experience levels. Each broker provides a virtual demo account, allowing potential users to familiarize themselves with trading without financial risk. Both brokers have in-house developed proprietary platforms as well as support for MetaTrader 4 and 5, catering to different trading preferences. While they both offer Windows-based downloadable and web-based platforms, easyMarkets provides additional features like copy trading, something HYCM does not offer. If you prioritize a wider range of charting tools, easyMarkets offers 30 drawing tools compared to HYCM’s 15, and they also have slightly more comprehensive watch lists with eight fields versus HYCM's seven.
In terms of user experience ratings, both brokers are equally well-regarded with four stars for trading platforms and tools. However, easyMarkets slightly edges out HYCM in rankings by ForexBrokers.com, coming in at #35 compared to HYCM's #40 out of 62 brokers assessed. This might reflect easyMarkets’ additional features such as its copy trading option. Choosing between these two depends on your specific needs, such as the importance of copy trading features or the preference for a broader set of charting tools.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
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
|
Yes
|
MetaTrader 4 (MT4)
info
|
Yes
|
Yes
|
MetaTrader 5 (MT5)
info
|
Yes
|
Yes
|
DupliTrade
info
|
No
|
No
|
ZuluTrade
info
|
No
|
No
|
Charting - Indicators / Studies (Total)
info
|
30
|
15
|
Charting - Drawing Tools (Total)
info
|
15
|
30
|
Charting - Trade From Chart
info
|
Yes
|
Yes
|
Watchlists - Total Fields
info
|
7
|
8
|
View More
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
Both HYCM and easyMarkets provide iPhone and Android apps, making trading accessible to users of both major mobile platforms. HYCM offers stock or forex price alerts, a feature not available on the easyMarkets app. However, easyMarkets excels with an impressive 81 technical studies for charting compared to HYCM's 30. For those who value watchlist symbol syncing, easyMarkets offers this convenient feature, allowing seamless synchronization of watchlists with your online account, unlike HYCM.
Both trading apps have the capability to draw trendlines and view multiple time frames on charts. HYCM's app stands out with its auto-save feature for chart drawings, giving it an edge if you regularly annotate your charts. Both providers allow you to create watchlists with real-time quotes, ensuring you stay updated on market conditions. While both HYCM and easyMarkets receive a solid 4-star rating for their mobile trading apps, easyMarkets ranks slightly higher at #29 compared to HYCM's #37 out of 62 brokers according to ForexBrokers.com.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
Android App
info
|
Yes
|
Yes
|
Apple iOS App
info
|
Yes
|
Yes
|
Mobile Alerts - Basic Fields
info
|
Yes
|
No
|
Watchlist Syncing
info
|
No
|
Yes
|
Mobile Charting - Indicators / Studies
info
|
30
|
81
|
Mobile Charting - Draw Trendlines
info
|
Yes
|
Yes
|
Mobile Charting - Multiple Time Frames
info
|
Yes
|
Yes
|
Mobile Charting - Drawings Autosave
info
|
Yes
|
No
|
Mobile Watchlist
info
|
Yes
|
Yes
|
Dive deeper: Best Forex Trading Apps.
Market research
HYCM (Henyep Capital Markets) and easyMarkets both provide ample resources for traders who prioritize market research in their trading activities. Both platforms offer daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters, ensuring that users are well-informed with timely updates. They each also provide technical analysis tools from Trading Central, but neither offers resources from Autochartist or Acuity Trading, nor do they provide market research from TipRanks. However, easyMarkets distinguishes itself by offering a sentiment-based trading tool, while HYCM does not.
Both brokers include an economic calendar to keep traders aware of important global events. Despite their similarities in research offerings, their rankings differ slightly according to ForexBrokers.com. HYCM is ranked 35th, while easyMarkets holds the 43rd position out of 62 brokers. Both entities receive a research rating of 3.5 stars, reflecting similar satisfaction levels among users for the research tools and services provided.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
Daily Market Commentary
info
|
Yes
|
Yes
|
Forex News (Top-Tier Sources)
info
|
Yes
|
Yes
|
Autochartist
info
|
No
|
No
|
Trading Central (Recognia)
info
|
Yes
|
Yes
|
Social Sentiment - Currency Pairs
info
|
No
|
Yes
|
TipRanks
info
|
No
|
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 HYCM and easyMarkets offer a solid foundation for those new to forex and CFD trading. Each of these brokers provides at least 10 educational pieces, like articles, videos, and archived webinars, aimed at helping beginners get a grip on the trading landscape. They also offer a searchable archive of client webinars, ensuring that valuable insights are accessible even after the live events. While both brokers cater to novices with a significant number of beginner-focused videos, easyMarkets takes it a step further by offering advanced educational content for seasoned traders—something HYCM currently does not provide.
In terms of ongoing education through live interactions, easyMarkets holds an advantage by offering monthly webinars, whereas HYCM does not. Despite these differences, both brokers are equipped with an investor dictionary that covers over 50 investing terms, supporting traders in expanding their market vocabulary. HYCM earns a 3.5-star rating for its educational offerings and ranks 32nd among 62 brokers, edging out easyMarkets, which also garners a 3.5-star rating but comes in at 39th place. Whether you prioritize advanced content or regular live sessions could significantly steer your choice between these two brokers.
Feature |
HYCM (Henyep Capital Markets)
|
easyMarkets
|
Education (Forex or CFDs)
info
|
Yes
|
Yes
|
Client Webinars
info
|
No
|
Yes
|
Client Webinars (Archived)
info
|
Yes
|
Yes
|
Videos - Beginner Trading Videos
info
|
Yes
|
Yes
|
Videos - Advanced Trading Videos
info
|
No
|
Yes
|
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 HYCM (Henyep Capital Markets) is better than easyMarkets. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while easyMarkets finished with an overall rank of #43.
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.
FAQs
Can you trade cryptocurrency with HYCM (Henyep Capital Markets) or easyMarkets?
Both HYCM (Henyep Capital Markets) and easyMarkets offer the ability to trade cryptocurrency derivatives, but neither allows for the purchase of actual delivered cryptocurrency.
What funding options does each broker offer?
When comparing online brokers HYCM (Henyep Capital Markets) and easyMarkets, HYCM supports Skrill, Visa, Mastercard, and bank wires for deposits or withdrawals, but lacks ACH and SEPA transfer options and does not accept PayPal, whereas easyMarkets provides a wider range of deposit and withdrawal options by including ACH, SEPA transfers, Skrill, Visa, Mastercard, and bank wires, although it too does not support PayPal transactions.
announcementPlease 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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Overall Rating
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Overall Rating info
|
|
|
|
Commissions & Fees |
|
|
|
Range of Investments |
|
|
|
Platform & Tools |
|
|
|
Mobile Trading |
|
|
|
Research |
|
|
|
Education |
|
|
|
Trust Score info
|
86
|
84
|
|
Winner |
check_circle
|
|
|
Review |
HYCM (Henyep Capital Markets) Review
|
easyMarkets Review
|
|
Broker Screenshots
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
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
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Trust Score info
|
86
|
84
|
|
Year Founded info
|
1977
|
2001
|
|
Publicly Traded (Listed) info
|
No
|
No
|
|
Bank info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
No
info
|
Yes
info
|
|
Tier-1 Licenses info
|
2
|
2
|
|
Tier-2 Licenses info
|
1
|
1
|
|
Tier-3 Licenses info
|
0
|
0
|
|
Tier-4 Licenses info
|
1
|
2
|
|
Tier-1 Licenses (Highly Trusted)
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Australia (ASIC Authorised) info
|
No
|
Yes
|
|
Canada (CIRO Authorised) info
|
No
|
No
|
|
Hong Kong (SFC Authorised) info
|
Yes
|
No
|
|
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
|
No
|
|
USA (CFTC Authorized) info
|
No
|
No
|
|
New Zealand (FMA Authorised) info
|
No
|
No
|
|
Regulated in one or more EU or EEA countries (MiFID). info
|
No
info
|
Yes
info
|
|
Tier-2 Licenses (Trusted)
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Kenya (CMA Authorised) info
|
No
|
No
|
|
Israel (ISA Authorised) info
|
No
|
No
|
|
South Africa (FSCA Authorised) info
|
No
|
Yes
|
|
UAE (DFSA/Central Bank Authorised) info
|
Yes
|
No
|
|
India (SEBI Authorised) info
|
No
|
No
|
|
Jordan (JSC Authorised) info
|
No
|
No
|
|
Investments
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Forex Trading (Spot or CFDs) info
|
Yes
|
Yes
|
|
Tradeable Symbols (Total) info
|
1199
|
230
|
|
Forex Pairs (Total) info
|
70
|
63
|
|
U.S. Stock Trading (Non CFD) info
|
Yes
|
No
|
|
Int'l Stock Trading (Non CFD) info
|
Yes
|
No
|
|
Social Trading / Copy Trading info
|
No
|
Yes
|
|
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
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Average Spread EUR/USD - Standard info
|
1.2
info
|
0.8
info
|
|
All-in Cost EUR/USD - Active info
|
0.6
info
|
0.8
info
|
|
Active Trader or VIP Discounts info
|
Yes
|
Yes
|
|
Inactivity Fee info
|
No
|
No
|
|
Execution: Agency Broker info
|
Yes
|
No
|
|
Execution: Market Maker info
|
Yes
|
Yes
|
|
Funding
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Minimum Deposit info
|
$20
|
$25
|
|
PayPal (Deposit/Withdraw) info
|
No
|
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
|
Yes
|
|
Trading Platforms
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Proprietary Platform info
|
Yes
|
Yes
|
|
Desktop Platform (Windows) info
|
Yes
|
Yes
|
|
Web Platform info
|
Yes
|
Yes
|
|
Social Trading / Copy Trading info
|
No
|
Yes
|
|
MetaTrader 4 (MT4) info
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5) info
|
Yes
|
Yes
|
|
cTrader info
|
No
|
No
|
|
DupliTrade info
|
No
|
No
|
|
ZuluTrade info
|
No
|
No
|
|
Trading Tools
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Virtual Trading (Demo) info
|
Yes
|
Yes
|
|
Alerts - Basic Fields info
|
Yes
|
Yes
|
|
Watchlists - Total Fields info
|
7
|
8
|
|
Charting - Indicators / Studies (Total) info
|
30
|
15
|
|
Charting - Drawing Tools (Total) info
|
15
|
30
|
|
Charting - Trade From Chart info
|
Yes
|
Yes
|
|
Charts can be saved info
|
Yes
|
Yes
|
|
Mobile Trading
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Android App info
|
Yes
|
Yes
|
|
Apple iOS App info
|
Yes
|
Yes
|
|
Mobile Alerts - Basic Fields info
|
Yes
|
No
|
|
Mobile Watchlist info
|
Yes
|
Yes
|
|
Watchlist Syncing info
|
No
|
Yes
|
|
Mobile Charting - Indicators / Studies info
|
30
|
81
|
|
Mobile Charting - Draw Trendlines info
|
Yes
|
Yes
|
|
Mobile Charting - Multiple Time Frames info
|
Yes
|
Yes
|
|
Mobile Charting - Drawings Autosave info
|
Yes
|
No
|
|
Mobile Economic Calendar info
|
Yes
|
Yes
|
|
Research
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Daily Market Commentary info
|
Yes
|
Yes
|
|
Forex News (Top-Tier Sources) info
|
Yes
|
Yes
|
|
Autochartist info
|
No
|
No
|
|
Trading Central (Recognia) info
|
Yes
|
Yes
|
|
TipRanks info
|
No
|
No
|
|
Social Sentiment - Currency Pairs info
|
No
|
Yes
|
|
Economic Calendar info
|
Yes
|
Yes
|
|
Education
|
HYCM (Henyep Capital Markets) |
easyMarkets |
|
Education (Forex or CFDs) info
|
Yes
|
Yes
|
|
Client Webinars info
|
No
|
Yes
|
|
Client Webinars (Archived) info
|
Yes
|
Yes
|
|
Videos - Beginner Trading Videos info
|
Yes
|
Yes
|
|
Videos - Advanced Trading Videos info
|
No
|
Yes
|
|
Investor Dictionary (Glossary) info
|
Yes
|
Yes
|
|
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