Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
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.
Trading 212 (founded 2004) and HYCM (Henyep Capital Markets, founded 1977) are both online brokers that are privately held and not banks. Neither is publicly traded on a stock exchange.
Regulation and trust: Trading 212 holds three Tier-1 licenses, while HYCM holds two Tier-1 licenses plus one Tier-2 license. According to ForexBrokers.com, Trading 212 has a Trust Score of 82 and HYCM scores 85; both fall in the “trusted” 80–89 range (90–99 is highly trusted). In short, HYCM edges ahead on Trust Score, while Trading 212 lists more top-tier licenses.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2004 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to commissions and fees, Trading 212 and HYCM both offer pricing that can appeal to cost-conscious traders, but HYCM comes out ahead overall. Trading 212 advertises zero-commission trading on its CFD account, yet traders still pay the spread, and that cost can add up. In April 2025, Trading 212’s average EUR/USD spread was 2.7 pips, which is notably higher than many leading CFD and forex brokers. Trading 212 is rated 4 stars for commissions and fees and is ranked #27 out of 36 brokers by ForexBrokers.com.
HYCM (Henyep Capital Markets) offers more competitive pricing, especially on its Raw account, where the all-in cost on EUR/USD is about 0.6 pips after commission. Its Classic account starts from a variable spread of 1.2 pips, while the fixed-spread account offers a spread of 1.5 pips. HYCM is rated 4.5 stars for commissions and fees and is ranked #18 out of 36 brokers, making it the stronger choice for traders focused on lower trading costs.
In simple terms, Trading 212 can be easy to understand because it promotes zero commissions, but its wider spreads may make trading more expensive than it first appears. HYCM gives traders more pricing options and, on balance, better value for active forex and CFD trading. If fees are your main concern, HYCM has the edge.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | €1 | $20 |
| Average spread (EUR/USD) - Standard account | 2.7 | 1.3 |
| All-in Cost EUR/USD - Active | 2.7 | 0.6 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, Trading 212 has the wider selection overall. It offers about 13,000 tradeable symbols, including 180 forex pairs, and lets clients buy real exchange-traded shares on both U.S. and international markets. Trading 212 also stands out by offering actual cryptocurrency purchases, along with crypto CFDs. HYCM (Henyep Capital Markets) also supports forex trading, U.S. and international shares, and crypto CFDs, but it has a smaller selection of around 1,199 tradeable symbols and 70 forex pairs, and it does not offer delivered cryptocurrency.
These differences are reflected in their ratings and rankings for range of investments. Trading 212 scores 5 out of 5 stars and ranks #15 out of 36 brokers with ForexBrokers.com, while HYCM scores 4 out of 5 stars and ranks #27. In simple terms, both brokers cover the main markets many traders want, but Trading 212 gives you more choice, especially if you want a broader list of assets or the option to buy real crypto.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13000 | 1199 |
| Forex Pairs (Total) | 180 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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 212 and HYCM both give traders a web-based platform and a free demo account for paper trading, so each is easy to try before risking real money. Both also let you trade directly from charts, but that is where the similarities start to split. Trading 212 does not offer a desktop download platform, a built-in proprietary platform, or MetaTrader 4 and MetaTrader 5. It also does not support copy trading. HYCM, by contrast, offers its own in-house platform, a Windows desktop platform, and access to both MT4 and MT5, making it the stronger pick for traders who want more platform choice and familiar third-party tools.
In ForexBrokers.com’s Trading Platforms and Tools category, both brokers are rated 4 out of 5 stars, but Trading 212 ranks higher overall at #19 out of 36 brokers compared with HYCM’s #32 ranking. That suggests Trading 212 may feel simpler and more streamlined for everyday users, while HYCM is better suited to traders who want more advanced platform options. For charting and watch lists, both brokers offer trading tools, though specific counts were not listed in the data provided.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 102 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trading 212 and HYCM (Henyep Capital Markets) both make it easy to trade on the go, since each offers iPhone and Android apps, stock or forex price alerts, trendline drawing, and auto-saving for chart drawings. Both apps are also rated 4 out of 5 stars for mobile trading apps, so at a basic level, each platform gives users a solid way to manage trades from a phone or tablet.
Trading 212 stands out in a few key areas. Its mobile app includes watchlist symbol syncing, so changes made on the app or online account stay in step, while HYCM does not offer that feature. Trading 212 also provides many more chart tools, with 104 technical studies compared with HYCM’s 30. That added flexibility helps explain why Trading 212 ranks higher overall for mobile trading apps, coming in at #17 out of 36 brokers, versus HYCM at #30.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trading 212 and HYCM (Henyep Capital Markets) both give traders access to useful market research basics, including forex news from top-tier sources and an economic calendar with current and upcoming global events. Each broker also earns a 3.5-star Research rating from ForexBrokers.com, showing that both offer a solid but fairly similar level of support for everyday market tracking.
The main differences are in the extra tools. Trading 212 includes a sentiment tool that shows the balance of long and short positions, while HYCM does not. On the other hand, HYCM offers daily market commentary and Trading Central research tools, which Trading 212 lacks. In ForexBrokers.com’s Research ranking, HYCM places higher at #29 out of 36 brokers, compared with Trading 212 at #32.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning tools, Trading 212 and HYCM (Henyep Capital Markets) are fairly close in overall Education ratings, with both scoring 3.5 out of 5 stars. Each broker also offers at least 10 beginner-focused videos, so new traders can find basic help on trading topics. Neither broker offers monthly live educational webinars, and neither stands out as a strong source of dedicated forex or CFD education based on the information provided. In ForexBrokers.com’s Education category, Trading 212 ranks higher at #20 out of 36 brokers, while HYCM sits at #27.
Where Trading 212 pulls ahead is in advanced learning content. It offers at least 10 advanced videos for more experienced traders, while HYCM does not meet that mark. That makes Trading 212 the better pick for users who want to start with beginner material and then move on to more detailed lessons over time. HYCM still covers the basics well, but Trading 212 appears to offer a wider path for traders who want to keep learning as their skills grow.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trading 212 is better than HYCM (Henyep Capital Markets). Trading 212 finished with an overall rank of #25, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 82 | 85 |
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Trading 212 allows you to buy actual (delivered) cryptocurrencies and trade crypto CFDs, whereas HYCM (Henyep Capital Markets) supports only cryptocurrency CFDs and does not offer buying real coins.
Trading 212 vs. HYCM (Henyep Capital Markets): Trading 212 supports ACH/SEPA and bank wire deposits/withdrawals but not PayPal or Skrill, while HYCM supports bank wires and Skrill but not ACH/SEPA or PayPal; Visa/Mastercard availability is not specified for either broker.
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 | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Regulation | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 82 | 85 | |
| Year Founded | 2004 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13000 | 1199 | |
| Forex Pairs (Total) | 180 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | 1.3 | |
| All-in Cost EUR/USD - Active | 2.7 | 0.6 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | €1 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 102 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
| Overall | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
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