Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Forex4you, 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 HYCM (Henyep Capital Markets) and Forex4you in terms of regulatory strength and trust, it's evident that HYCM stands on more stable ground. Founded in 1977, HYCM is a seasoned player in the online brokerage field, holding two Tier-1 licenses, which are regarded as highly trusted, and one Tier-2 license, reflecting a substantial level of trust. HYCM boasts a Trust Score of 86 according to ForexBrokers.com, placing it in the 'trusted' category. While HYCM is neither publicly traded nor a bank, its longstanding presence and rigorous regulatory compliance contribute to its reliability.
In contrast, Forex4you, established in 2007, operates without any Tier-1 or Tier-2 licenses, which can affect their perceived trustworthiness. With a Trust Score of 61, it is categorized as high risk by ForexBrokers.com. Like HYCM, Forex4you is not publicly traded and does not function as a bank. When evaluating these brokers' reliability and regulatory credentials, HYCM presents itself as a more trusted choice for potential clients seeking assurance in their trading environment.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Year Founded | 1977 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers, HYCM (Henyep Capital Markets) offers competitive pricing options. HYCM's Raw account features a low all-in cost of about 0.6 pips for the popular EUR/USD currency pair, accounting for the commission. Meanwhile, the Classic account has a higher variable spread starting at 1.2 pips, and there is also a fixed-spread account option with spreads at 1.5 pips. These options have contributed to HYCM's strong reputation, earning it a 4.5-star rating for commissions and fees, and placing it at #15 out of 62 brokers by ForexBrokers.com for this category.
On the other hand, Forex4you does not provide detailed average spread data, which can make it more challenging for traders to estimate their potential costs accurately. However, based on available information, Forex4you has been rated 3.5 stars for its commissions and fees. This comparatively lower rating places it at a distant #53 out of 62 brokers in the same category according to ForexBrokers.com.
In summary, HYCM stands out with its transparent and competitive pricing structures across different account options, helping it secure a higher ranking and better customer ratings than Forex4you. Without detailed spread data, Forex4you struggles to match HYCM's appeal to cost-conscious traders. These differences are essential for traders when selecting a broker suitable for their needs.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| 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 | No |
| 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 offered by HYCM (Henyep Capital Markets) and Forex4you, several key distinctions come to light. HYCM caters to traders with a more extensive selection of 1,199 tradeable symbols, putting it ahead of Forex4you, which provides 150. For those focused on forex trading, HYCM again takes the lead with 70 forex pairs compared to Forex4you's 43. Additionally, HYCM enables clients to invest in exchange-traded securities on both U.S. and international exchanges, whereas Forex4you does not provide this option. However, Forex4you offers a unique advantage with its copy trading feature, something not found at HYCM.
Both brokers do share similarities; they offer forex trading as CFDs or spot contracts, and neither allows the purchase of actual delivered cryptocurrencies. However, for those interested in crypto derivatives, both have options available. In terms of ratings, HYCM receives 4 stars for its range of investments, ranking it 33rd out of 62 brokers on ForexBrokers.com. Forex4you earns a slightly lower rating of 3.5 stars and stands at 58th in the same category. Whether a trader prioritizes a broad array of symbols or unique trading features, both HYCM and Forex4you present their own sets of unique advantages to consider.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 150 |
| Forex Pairs (Total) | 70 | 43 |
| 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 Forex4you, both brokers shine in several areas. They each offer a variety of platforms including proprietary options, MetaTrader 4, and MetaTrader 5, along with Windows-based desktop and web-based trading solutions. Helpful features like virtual demo accounts and the ability to trade directly from stock charts are available with both firms. Traders will appreciate the 15 drawing tools offered for charting, as well as seven columns for watch lists. While HYCM does not provide copy trading, Forex4you stands out by offering this feature, making it suitable for those interested in mirroring the trades of others.
Though both brokers receive a commendable rating of 4 stars for their trading platforms and tools, their rankings differ, with HYCM coming in at #40 and Forex4you trailing at #52 out of 62 brokers according to ForexBrokers.com. This suggests that while both are reliable options, HYCM might have a slight edge in tools and platform offerings according to industry evaluations. Whether you prioritize ranking or specific features like copy trading, both brokers offer a comprehensive platform that caters to a variety of trading needs.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| 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, both HYCM (Henyep Capital Markets) and Forex4you offer solid options for traders using either iPhone or Android devices. Each platform allows for essential features like stock or forex price alerts, the ability to draw trendlines, and viewing multiple timeframes on charts. Both apps also enable traders to create watchlists with real-time quotes and offer the same number of technical studies—30 in total—making them equally attractive for traders who rely heavily on technical analysis.
However, both platforms fall short when it comes to watchlist symbol syncing, which limits flexibility as changes made in the app won't update in the online account. Despite these similarities, HYCM edges out Forex4you in some areas. Both apps are rated 4 out of 5 stars for mobile trading, but HYCM ranks higher at #37 out of 62 brokers on ForexBrokers.com, compared to Forex4you's ranking at #50. This may tip the scales for users prioritizing broader recognition in app performance.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 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.
Both HYCM (Henyep Capital Markets) and Forex4you provide their clients with insightful daily market commentary and forex news sourced from top-tier providers like Bloomberg and Reuters. While these services are fundamental for staying updated in the fast-paced trading environment, both brokers bolster their research offerings with various tools. HYCM features the renowned Trading Central for technical analysis, whereas Forex4you not only offers Trading Central but also includes tools from Autochartist, a favored choice among technical traders. Conversely, neither broker offers sentiment-based trading tools or market insights from TipRanks or Acuity Trading. Both brokers, however, provide an economic calendar to track key global events, which is essential for fundamental analysis.
Evaluating them holistically, both brokers receive a research rating of 3.5 out of 5 stars, indicating a moderately strong offering. Despite sharing the same star rating, HYCM is ranked slightly higher at #35 compared to Forex4you’s #47 ranking by ForexBrokers.com. This subtle variance suggests HYCM might have a slight edge in certain aspects of their research capabilities. However, Forex4you’s inclusion of Autochartist might appeal to traders who prioritize diverse technical analysis tools. Ultimately, the choice between the two might hinge on individual preferences, particularly the type of research tools a trader values most in their trading strategy.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| 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.
When comparing the educational resources available for beginners, both HYCM (Henyep Capital Markets) and Forex4you offer a foundational set of educational materials, such as articles, videos, and archived webinars focused on forex and CFDs. Each broker provides at least ten educational pieces, ensuring beginners have access to essential learning materials. However, neither broker hosts live educational webinars on a monthly basis, which could be a consideration for those who prefer real-time interaction and learning. Nonetheless, they both offer searchable archives of previously recorded webinars, giving users the flexibility to learn at their own pace.
Diving deeper into HYCM’s offerings, the broker provides over ten beginner-specific educational videos, making it easier for newcomers to grasp trading concepts. In contrast, Forex4you does not meet this criterion. Additionally, HYCM features an investor dictionary with definitions for over 50 investing terms, providing further support for those new to trading. Forex4you lacks this resource. Despite these differences, both HYCM and Forex4you receive similar education ratings of 3.5 stars, with Forex4you slightly outranking HYCM according to ForexBrokers.com—holding the 25th position compared to HYCM's 32nd out of 62 brokers.
| Feature |
HYCM (Henyep Capital Markets)
|
Forex4you
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| 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 Forex4you. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Forex4you finished with an overall rank of #55.
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)
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Forex4you
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 61 |
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Both HYCM (Henyep Capital Markets) and Forex4you do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
Both HYCM (Henyep Capital Markets) and Forex4you do not support ACH or SEPA transfers or PayPal for deposits and withdrawals, but they do offer options like Skrill, Visa, Mastercard, and bank wires for these 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) | Forex4you | |
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| Trust Score | 86 | 61 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Forex4you | |
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| Regulation | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| Trust Score | 86 | 61 | |
| Year Founded | 1977 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| 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 | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| 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) | Forex4you | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 150 | |
| Forex Pairs (Total) | 70 | 43 | |
| 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) | Forex4you | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| 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) | Forex4you | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | No |
| Trading Tools | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| 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 | 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 | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Forex4you | |
|---|---|---|---|
| GBP/USD | Yes | No | |
| USD/JPY | Yes | No | |
| EUR/USD | Yes | No | |
| USD/CHF | Yes | No | |
| USD/CAD | Yes | No | |
| NZD/USD | Yes | No | |
| AUD/USD | Yes | No | |
| Review | HYCM (Henyep Capital Markets) Review |
| Overall | HYCM (Henyep Capital Markets) | Forex4you | |
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| Trust Score | 86 | 61 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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