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Plus500 vs HYCM (Henyep Capital Markets) 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Plus500 vs HYCM (Henyep Capital Markets), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Plus500
4.5/5 Stars Overall
  • Minimum Deposit: €50 info
  • Trust Score: 99
  • Tradeable Symbols (Total): 5500 info
HYCM (Henyep Capital Markets)
4/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 85
  • Tradeable Symbols (Total): 1199

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

Plus500 and HYCM (Henyep Capital Markets) are online brokers with different trust and regulatory profiles. Plus500, founded in 2008, is publicly traded; HYCM, founded in 1977, is privately held. Neither is a bank. ForexBrokers.com rates trust on a 0–99 scale: 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. Plus500 scores 99 (highly trusted), while HYCM scores 85 (trusted).

In terms of oversight, Plus500 holds 7 Tier-1 licenses (highly trusted regulators) and 4 Tier-2 licenses (trusted regulators). HYCM holds 2 Tier-1 and 1 Tier-2 license. This means Plus500 has broader top-tier regulatory coverage and the highest possible Trust Score, while HYCM remains a trusted option with fewer licenses.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2008 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 7 2
Tier-2 Licenses info 4 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1

Fees

Comparing commissions and fees, HYCM (Henyep Capital Markets) generally comes out cheaper than Plus500 for popular forex pairs. HYCM earns 4.5 out of 5 stars and is ranked #18 of 63 for Commissions and Fees, while Plus500 holds 4.0 out of 5 stars and is ranked #24 of 63.

Plus500’s pricing sits slightly above the industry average. For the EUR/USD, its average spread was 1.5 pips in April 2024. Plus500 doesn’t offer retail discounts, but qualifying Professional clients may receive cash rebates similar to an active trader program. Overall, it’s straightforward but not the lowest-cost option for frequent traders.

HYCM offers multiple account types to match different budgets. The Raw account delivers an all-in cost around 0.6 pips on EUR/USD (after commission), which is significantly lower than Plus500’s quoted spread. HYCM’s Classic account starts from a variable 1.2 pips, and there’s also a fixed-spread account at 1.5 pips. If keeping trading costs down is a priority, HYCM’s Raw pricing is the more competitive choice.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info €50 info $20
Average spread (EUR/USD) - Standard account info 1.3 info 1.3 info
All-in Cost EUR/USD - Active info 1.3 info 0.6 info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Plus500 and HYCM both support forex trading (CFD/spot) and offer cryptocurrency trading via CFDs, but neither lets you buy actual coins or use copy trading. Plus500 lists a much wider overall lineup with about 5,500 tradeable symbols, while HYCM offers 1,199. That said, HYCM edges ahead on currency variety with 70 forex pairs compared with Plus500’s 65.

For traditional investing, both brokers give access to exchange-traded shares on U.S. markets (e.g., Apple) and international exchanges (e.g., Vodafone), in addition to their CFD products. According to ForexBrokers.com, Plus500 earns 4.5 out of 5 stars for Range of Investments and ranks #16 out of 63 brokers, while HYCM receives 4 stars and ranks #27.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1199
Forex Pairs (Total) info 65 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes info 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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

Plus500 vs HYCM (Henyep Capital Markets): both brokers offer free demo (paper) accounts and their own proprietary platforms. Plus500 is web-based and does not provide a Windows desktop download, while HYCM offers both a browser platform and a Windows desktop platform. Neither supports copy trading. Platform compatibility differs sharply: HYCM supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), but Plus500 supports neither. HYCM also lets you place trades directly from charts, whereas Plus500 does not.

For Trading Platforms and Tools, Plus500 is rated 4.5/5 stars and ranks #14 out of 63 brokers at ForexBrokers.com, while HYCM is rated 4/5 stars and ranks #32. In short, choose Plus500 if you want a streamlined, web-first experience with a demo account, and pick HYCM if you need MT4/MT5, a Windows desktop platform, and the ability to trade from charts.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes

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

Forex trading apps

Plus500 vs HYCM (Henyep Capital Markets) mobile app comparison: both brokers offer iPhone and Android apps with price alerts and the ability to draw trendlines on charts. Key differences show up in convenience features. Plus500 syncs watchlists between the mobile app and web platform, so changes carry over automatically, while HYCM does not. On the flip side, HYCM auto-saves your chart drawings, and Plus500 does not—handy if you annotate charts often or switch screens frequently.

For charting depth, Plus500 provides 115 technical studies in its mobile app compared with HYCM’s 30, giving Plus500 a stronger toolkit for technical analysis. Ratings reflect this edge: Plus500 scores 4.5/5 stars and ranks #14 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while HYCM earns 4/5 stars and ranks #30. In short, pick Plus500 if you value more indicators and synced watchlists; choose HYCM if automatic saving of chart drawings is more important to your workflow.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

Plus500 vs HYCM for market research: both brokers provide daily market commentary, Trading Central tools, and an economic calendar to track key events. HYCM goes a step further with integrated forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while Plus500 does not. Plus500 counters with a helpful sentiment tool that shows the ratio of long vs. short positions across instruments—a feature HYCM doesn’t offer. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools.

In independent assessments, Plus500 earns 4.5 out of 5 stars for Research and is ranked #16 of 63 brokers by ForexBrokers.com, while HYCM scores 3.5 stars and ranks #29. If you value built-in sentiment insights, Plus500 stands out. If live premium news feeds are a priority, HYCM has the edge. Both deliver solid essentials like daily commentary and Trading Central analytics for everyday traders.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central info Yes Yes
Client sentiment data info Yes No
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

If you’re a new trader comparing Plus500 vs HYCM for forex and CFD education, both deliver plenty of starter content. Each broker offers at least 10 beginner-focused videos that explain trading basics in clear terms. Where they differ is live learning: Plus500 runs client webinars at least once a month, while HYCM does not offer monthly educational webinars.

Plus500 also provides 10+ advanced videos for when you’re ready to go deeper, whereas HYCM doesn’t meet that advanced-video count. Reflecting these differences, Plus500 is rated 4.5/5 stars for Education and ranks 26th out of 63 brokers on ForexBrokers.com; HYCM holds 3.5/5 stars and ranks 27th. Bottom line: both can help beginners get started, but Plus500 gives you more ways to keep learning as your skills grow.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Webinars info Yes info No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than HYCM (Henyep Capital Markets). Plus500 finished with an overall rank of #14, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Feature Plus500 logoPlus500
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 99 85
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Fees 4.0/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.0/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Plus500 or HYCM (Henyep Capital Markets)?

Both online brokers Plus500 and HYCM (Henyep Capital Markets) do not allow buying actual (delivered) cryptocurrencies, but they both offer cryptocurrency CFDs for trading.

What funding options does each broker offer?

Comparing payment methods for deposits and withdrawals, Plus500 and HYCM (Henyep Capital Markets) both do not support ACH/SEPA and both support Skrill and bank wire transfers, but only Plus500 supports PayPal, while Visa/Mastercard availability is not specified for either broker.

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Overall Rating Plus500 HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.0/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 4/5 Stars
Trust Score info 99 85
Winner check_circle
Review Plus500 Review HYCM (Henyep Capital Markets) Review
Broker Screenshots Plus500 HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
Plus500 mobile app charts. Plus500 trading platform EURUSD Plus500 web platform market news analysis articles. Plus500 webinars with Corellian Academy YouTube video playlist
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation Plus500 HYCM (Henyep Capital Markets)
Trust Score info 99 85
Year Founded info 2008 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 7 2
Tier-2 Licenses info 4 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) Plus500 HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No Yes
Japan (FSA Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) Plus500 HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or CMA Authorised) info Yes info Yes
India (SEBI Authorised) info Yes No
Jordan (JSC Authorised) info
Investments Plus500 HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 5500 info 1199
Forex Pairs (Total) info 65 70
U.S. Stocks (Shares) info Yes Yes
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info No No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info Yes info 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. 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 Plus500 HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 1.3 info 1.3 info
All-in Cost EUR/USD - Active info 1.3 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding Plus500 HYCM (Henyep Capital Markets)
Minimum Deposit info €50 info $20
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms Plus500 HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info No No
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools Plus500 HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 115 30
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading Plus500 HYCM (Henyep Capital Markets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 115 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info Yes Yes
Research Plus500 HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education Plus500 HYCM (Henyep Capital Markets)
Webinars info Yes info No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs Plus500 HYCM (Henyep Capital Markets)
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes info Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review Plus500 Review HYCM (Henyep Capital Markets) Review
Overall Plus500 HYCM (Henyep Capital Markets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.0/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4.0/5 Stars 4/5 Stars
Trust Score info 99 85
Winner check_circle
Review Plus500 Review HYCM (Henyep Capital Markets) Review
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