HYCM (Henyep Capital Markets) vs Exness 2024

HYCM is not publicly traded and does operate a bank. HYCM is authorised by three Tier-1 regulators (Highly Trusted), one Tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and one tier-4 regulator (High Risk). HYCM is authorised by the following Tier-1 regulators: the Securities Futures Commission (SFC), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system.

Exness is not publicly traded and does not operate a bank. Exness is authorised by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulator (High Risk). Exness is authorised by the following Tier-1 regulator: Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.

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.

Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.

To open a trading account with HYCM (Henyep Capital Markets), you'll need to make an initial minimum deposit of $20.

Exness requires a minimum deposit of $10 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both HYCM (Henyep Capital Markets) and Exness offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that HYCM (Henyep Capital Markets) offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Both HYCM (Henyep Capital Markets) and Exness hold 2 global Tier-1 licenses. Exness holds 3 global Tier-2 licenses, while HYCM (Henyep Capital Markets) holds 1.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that HYCM (Henyep Capital Markets) (86) earned a higher Trust Score than Exness (81).

To compare the trading platforms of both HYCM (Henyep Capital Markets) and Exness, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Exness offers a better experience. With research, HYCM (Henyep Capital Markets) offers superior market research. Finally, we found Exness to provide better mobile trading apps.

Here’s what trading platforms are available at HYCM (Henyep Capital Markets):

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Exness:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - No

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both HYCM (Henyep Capital Markets) and Exness offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. While Exness offers copy trading, HYCM (Henyep Capital Markets) does not.

Exness provides traders 96 currency pairs (e.g., EUR/USD) compared to HYCM (Henyep Capital Markets)'s 70 available pairs. If you are interested in trading a full range of securities, HYCM (Henyep Capital Markets) offers traders access to 1199 tradeable symbols, while Exness offers access to 227 tradeable symbols; so HYCM (Henyep Capital Markets) offers 972 more tradeable symbols than Exness.

We found in our testing that HYCM (Henyep Capital Markets) offers a more diverse selection of investment options than Exness, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD) and Cryptocurrency (Derivative). Neither have Cryptocurrency (Physical) and Spread Betting.