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HYCM (Henyep Capital Markets) vs Exness 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of HYCM (Henyep Capital Markets) vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 86
  • Tradeable Symbols (Total): 1199
Exness
4/5 Stars Overall
  • Minimum Deposit: $10 info
  • Trust Score: 81
  • Tradeable Symbols (Total): 227

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

HYCM (Henyep Capital Markets), founded in 1977, and Exness, established in 2008, are two prominent online brokers that are privately held and non-bank entities. Both companies hold two Tier-1 licenses, reflecting their classification as highly trusted according to ForexBrokers.com standards. While HYCM has one Tier-2 license, Exness holds three, indicating a broader range of regulatory coverages in the trusted category. As of the latest evaluations, HYCM has earned a Trust Score of 86, placing it in the 'trusted' bracket, whereas Exness follows closely with a Trust Score of 81, also denoting its standing as a trusted broker in the financial trading space.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
Year Founded info 1977 2008
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 1 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 3

Fees

When comparing the commissions and fees of HYCM and Exness, it's clear that both brokers offer distinct advantages based on the type of trading account you choose. HYCM provides a Raw account with competitive pricing, offering an all-in cost of about 0.6 pips for the EUR/USD pair after commission, making it an appealing choice for traders seeking low-cost trading. Their Classic account, however, is pricier, featuring a variable spread starting from 1.2 pips, while the fixed-spread account keeps a spread of 1.5 pips. Overall, HYCM is highly rated with a 4.5-star score and ranks #15 out of 62 brokers for their commissions and fees, according to ForexBrokers.com.

Exness, on the other hand, provides a more varied selection of accounts, including two standard accounts and three professional accounts, along with two specific social copy trading accounts. The costs differ depending on the account type you choose. For instance, the commission-based accounts offer lower spreads compared to their commission-free counterparts. Notably, the Zero Spread account stands out for charging a $0.05 per-trade commission and offering market execution, while the Raw account charges up to $7 per round turn lot and provides lower spreads. Exness earns a 4-star rating and holds the #38 position out of 62 brokers for commissions and fees.

Ultimately, the choice between HYCM and Exness will depend on your individual trading needs and preferences. HYCM shines with its straightforward low-cost Raw account, making it attractive for traders focused on cost efficiency. In contrast, Exness offers flexibility with its variety of account types, catering to a broad spectrum of trading strategies, including social copy trading, thus providing ample opportunities for traders of different expertise levels. Both brokers present respectable options for traders looking for quality service and competitive pricing.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
Minimum Deposit info $20 $10 info
Average Spread EUR/USD - Standard info 1.2 info N/A
All-in Cost EUR/USD - Active info 0.6 info N/A
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No No
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.

Featured Offers


Range of investments

When comparing the range of investments available from HYCM and Exness, both brokers provide forex trading through CFDs or spot contracts, giving traders a versatile tool to engage in the currency market. However, HYCM stands out with 1,199 tradeable symbols and offers 70 forex pairs, while Exness supplies a smaller selection of 227 symbols but covers a broader array of 96 forex pairs. A notable difference is HYCM's offering of exchange-traded securities on both U.S. and international exchanges, enabling clients to own shares like Apple or Vodafone directly. In contrast, Exness does not provide this service, limiting its clients to CFD trades without actual ownership of exchange-traded shares.

Cryptocurrency traders seeking derivatives rather than actual crypto ownership will find similar offerings from both HYCM and Exness. But for those interested in copy trading, Exness presents a unique advantage with its copy trading feature, whereas HYCM does not offer this capability. Customer reviews and rankings reflect these differences; HYCM receives a higher rating of 4 stars for its range of investments and ranks 33rd out of 62 brokers. Exness trails slightly behind with a 3.5-star rating and a lower rank of 56th in the same category, highlighting HYCM's slightly more comprehensive investment offerings.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1199 227
Forex Pairs (Total) info 70 96
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

When it comes to comparing trading platforms, both HYCM (Henyep Capital Markets) and Exness offer similar features that can cater to a wide range of traders. Both brokers provide free virtual demo accounts for simulated trading, proprietary platforms developed in-house, and accessible platforms across web-based, desktop, and MetaTrader 4 and 5 versions. Traders can enjoy seamless chart trading capabilities and have access to seven watch list columns with either broker. However, a significant difference arises in their approach to social trading; Exness provides a copy trading feature that HYCM does not. Meanwhile, neither of the platforms supports DupliTrade or ZuluTrade.

In terms of charting functionalities, Exness stands out by offering 87 drawing tools, a substantial difference compared to HYCM's 15. Both brokers earn a commendable 4 out of 5 stars for their trading platforms and tools, highlighting their efficiency and user-friendliness. According to ForexBrokers.com rankings, Exness is placed slightly higher at position 31, while HYCM is ranked 40 out of 62 brokers in the trading platforms and tools category. These insights can aid traders in choosing a broker that best aligns with their specific needs, particularly considering social trading and charting tools.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
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 30 107
Charting - Drawing Tools (Total) info 15 87
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both HYCM and Exness offer mobile trading apps for iPhone and Android, ensuring you can trade on-the-go regardless of your device. Each app provides stock and forex price alerts to help keep you informed about market changes. While both lack watchlist symbol syncing capabilities between devices and online accounts, they make up for it by allowing trendline drawings on charts and offering multiple time frames, such as daily, weekly, or intraday, to suit traders' varying needs. Exness edges ahead with 35 technical studies compared to HYCM’s 30, offering a slightly more extensive charting toolkit.

A handy feature available in HYCM’s app is the auto-save for drawings on stock or forex charts; Exness, however, does not support this function. Both platforms enable the creation of watchlists with real-time quotes, providing a seamless trading experience. Rated four stars for their mobile trading apps, HYCM and Exness are closely matched in user satisfaction. In ForexBrokers.com's ranking, Exness takes a slight lead, positioned at #32, while HYCM stands at #37 among 62 brokers, indicating a marginal preference for Exness in the mobile trading app category.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
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 35
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

Both HYCM (Henyep Capital Markets) and Exness deliver solid market research offerings to their clients. They each provide daily market commentary and access to forex news from leading sources like Bloomberg and Reuters. Additionally, both brokers offer tools from Trading Central, known for its technical analytics, enhancing users' ability to make data-driven decisions. However, neither broker offers tools from Autochartist or provides research from Acuity Trading or TipRanks, which could limit some traders seeking those specific resources.

A distinguishing feature between the two brokers is the availability of sentiment-based trading tools. Exness provides a tool that shows the ratio of long or short positions, giving traders insights into market sentiment. Such a tool is not available with HYCM. Despite these differences, both brokers include an economic calendar, keeping traders informed of essential global news events. Ultimately, both HYCM and Exness share the same research rating of 3.5 stars but differ slightly in their rankings, with HYCM placed higher at #35 compared to Exness at #41 on ForexBrokers.com.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
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 evaluating the educational resources for beginners offered by online brokers HYCM and Exness, both show they have a substantial library dedicated to forex and CFD education. Each broker provides a collection of at least 10 educational materials such as articles, videos, or archived webinars, specifically tailored to these subjects, catering well to the needs of traders who are just starting out. Despite lacking live monthly webinars, both brokers offer searchable archives of previously recorded sessions, allowing learners to access valuable insights at their convenience.

For visual learning, HYCM and Exness make a commendable effort, offering a selection of beginner-focused videos. However, when it comes to more advanced content, neither broker provides 10 or more videos intended for experienced traders. Nevertheless, both brokers supply an investor dictionary featuring over 50 definitions of trading terms, aiding traders in understanding the jargon. While they are both rated at 3.5 stars for their educational content, their rankings differ, with HYCM placed at number 32 and Exness at number 47 out of 62 brokers as per ForexBrokers.com, illustrating a slight edge for HYCM in terms of educational standing.

Feature HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Exness logoExness
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 No 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 HYCM (Henyep Capital Markets) is better than Exness. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Exness finished with an overall rank of #41.

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) logoHYCM (Henyep Capital Markets)
Exness logoExness
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 86 81
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with HYCM (Henyep Capital Markets) or Exness?

Both HYCM (Henyep Capital Markets) and Exness do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to trade in cryptocurrency derivatives.

What funding options does each broker offer?

Both HYCM (Henyep Capital Markets) and Exness provide similar fund deposit and withdrawal options, allowing users to utilize Skrill, Visa or Mastercard, and bank wires, while neither offers ACH, SEPA, nor PayPal services.




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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Compare

0 of 5
Overall Rating HYCM (Henyep Capital Markets) Exness
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 86 81
Winner check_circle
Review HYCM (Henyep Capital Markets) Review Exness Review
Broker Screenshots HYCM (Henyep Capital Markets) Exness
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) Exness
Trust Score info 86 81
Year Founded info 1977 2008
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 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 3
Tier-1 Licenses (Highly Trusted) HYCM (Henyep Capital Markets) Exness
Australia (ASIC Authorised) info No No
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 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 No info Yes info
Tier-2 Licenses (Trusted) HYCM (Henyep Capital Markets) Exness
Kenya (CMA Authorised) info No Yes
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 Yes
Investments HYCM (Henyep Capital Markets) Exness
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1199 227
Forex Pairs (Total) info 70 96
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) Exness
Average Spread EUR/USD - Standard info 1.2 info N/A
All-in Cost EUR/USD - Active info 0.6 info N/A
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding HYCM (Henyep Capital Markets) Exness
Minimum Deposit info $20 $10 info
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 No
Trading Platforms HYCM (Henyep Capital Markets) Exness
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) Exness
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 107
Charting - Drawing Tools (Total) info 15 87
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading HYCM (Henyep Capital Markets) Exness
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 35
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) Exness
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) Exness
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 No No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs HYCM (Henyep Capital Markets) Exness
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review HYCM (Henyep Capital Markets) Review Exness Review
Overall HYCM (Henyep Capital Markets) Exness
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 86 81
Winner check_circle
Review HYCM (Henyep Capital Markets) Review Exness Review
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