Written by ForexBrokers.com
In this head to head comparison of Vantage 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.
Vantage and HYCM (Henyep Capital Markets) are online brokers with solid regulatory foundations, each holding two highly trusted Tier-1 licenses and one trusted Tier-2 license. Founded in 2009, Vantage has quickly established itself with a Trust Score of 90 out of 99, according to ForexBrokers.com, indicating a high level of trust. Although Vantage is not publicly traded or a bank, its regulatory credentials suggest a strong commitment to safety.
In comparison, HYCM, which has been in operation since 1977, holds a Trust Score of 86, reflecting a similarly dependable reputation. Like Vantage, HYCM is neither publicly traded nor a bank. Both brokers offer a comparable level of trustworthiness, making them reliable choices in the online trading landscape.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2009 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When it comes to commissions and fees, both Vantage and HYCM provide a range of account options to suit different trading needs. Vantage offers three types of accounts: the spread-only Standard STP account and the commission-based RAW ECN and PRO ECN accounts. The Standard account typically has spreads of 1.30 pips on the EUR/USD, while the Raw account offers tighter spreads averaging 0.15 pips, with a $6 commission per round turn. The PRO account provides competitive pricing with a reduced commission of $4 per round turn, although it requires certain conditions to be met, such as a minimum $10,000 deposit for accounts under its Cayman Islands entity. For active traders, Vantage offers rebates ranging from $2 to $8 per standard lot, though this is exclusive to the Standard account with higher spreads.
On the other hand, HYCM offers a Raw account with an all-in cost of about 0.6 pips for the EUR/USD, providing a competitive edge. The Classic account is more costly, with variable spreads starting from 1.2 pips. Additionally, HYCM features a fixed-spread account set at 1.5 pips. This range of choices allows HYCM to cater to different trading strategies, from those seeking stable, fixed spreads to those looking for tighter spreads with a commission structure.
In terms of user ratings, both Vantage and HYCM have received a 4.5-star rating for their commissions and fees structure. However, according to ForexBrokers.com, HYCM is slightly ahead in the rankings, placed at #15 out of 62 brokers, while Vantage follows closely behind at #18. This slight edge in ranking indicates a marginal preference for HYCM among users, primarily due to its competitive pricing structure on the Raw account.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $50 | $20 |
| Average Spread EUR/USD - Standard | 1.30 | 1.2 |
| All-in Cost EUR/USD - Active | 0.75 | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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 Vantage and HYCM (Henyep Capital Markets) for their range of investment options, both brokers offer forex trading through CFDs or spot contracts. Vantage provides around 57 forex pairs, while HYCM offers a bit more with 70 pairs. In terms of tradeable symbols, Vantage delivers a solid 1000, though slightly trailing HYCM's 1199. However, when it comes to offering exchange-traded securities, HYCM stands out by providing access to both U.S. and international markets, allowing clients to purchase stocks such as Apple and Vodafone directly. In contrast, Vantage lacks this option.
For those interested in cryptocurrency, both platforms support trading in cryptocurrency derivatives but not in actual currencies. A unique feature of Vantage is its copy trading service, something HYCM does not offer. According to ForexBrokers.com, the difference in investment range quality is reflected in their rankings; HYCM is rated with 4 stars and holds the 33rd position among 62 brokers, while Vantage receives a 3.5-star rating, placing it 50th. This information is crucial for investors seeking diverse investment opportunities with varying preferences and priorities.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1199 |
| Forex Pairs (Total) | 57 | 70 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| 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 offered by Vantage and HYCM, both brokers provide traders with a comprehensive range of options. Each offers proprietary platforms developed in-house, along with Windows-based desktop and web-based trading platforms for convenient accessibility. Additionally, both brokers support the popular MetaTrader 4 and MetaTrader 5 platforms, known for their advanced features. Paper trading is available with both Vantage and HYCM, allowing traders to test strategies without financial risk. Notably, Vantage extends its offerings with copy trading options through services like DupliTrade and ZuluTrade, which are unavailable with HYCM.
In terms of technical and charting tools, Vantage and HYCM are evenly matched, both providing 15 drawing tools and allowing trades directly from stock charts. They offer watch lists with 7 customizable columns to tailor trade tracking to individual needs. While both brokers are similarly rated at 4 stars for their trading platforms and tools, Vantage stands out in ForexBrokers.com's rankings, securing the 15th spot out of 62 brokers, compared to HYCM's 40th place. This ranking reflects Vantage's broader array of features, including its focus on copy trading capabilities, which could appeal to traders seeking diversified trading strategies.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | Yes | 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.
Both Vantage and HYCM offer comprehensive trading experiences through their mobile apps, available on iPhone and Android devices. Traders using either broker can set up price alerts for stocks or forex and create watchlists with real-time quotes. However, neither app currently supports synchronizing watchlists between the mobile app and online account. Each app provides the ability to apply 30 technical studies and draw trendlines on charts, with options to view multiple time frames, such as daily or weekly. Additionally, both apps automatically save any drawings made on the charts.
Despite these similar features, some users may consider overall rankings when selecting a brokerage. According to ForexBrokers.com, Vantage ranks 26th out of 62 brokers for Mobile Trading Apps, while HYCM holds the 37th position. Both brokers receive a respectable 4-star rating for their mobile trading apps, reflecting user satisfaction with the range of tools and functionality offered. Ultimately, either app can cater to the essential needs of traders looking for reliable market engagement on the go.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| 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.
When comparing the market research offerings of Vantage and HYCM, both provide traders with daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. They also include technical analysis tools from Trading Central, supporting users in making informed trading decisions through insights and analytics. However, Vantage stands out by offering a sentiment-based trading tool, which displays the ratio of long and short positions across various currency pairs, a feature HYCM does not offer. Additionally, both brokers lack access to research tools from Autochartist, TipRanks, and Acuity Trading.
For a more comprehensive understanding of global economies, both Vantage and HYCM include economic calendars that highlight current and upcoming global news events. Vantage is rated higher with 4 out of 5 stars for research, compared to HYCM's 3.5 stars, reflecting its superior range of tools and features. Based on ForexBrokers.com's ranking, Vantage holds a stronger position at #24 out of 62 brokers, whereas HYCM is placed at #35. These differences highlight Vantage's edge in the research category, particularly for traders who value sentiment analysis and additional features in their trading toolbox.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For those venturing into the world of forex and CFD trading, Vantage proves to be a valuable resource, especially for beginners. It provides a comprehensive range of educational materials that exceed the minimum threshold, including an extensive library of articles, videos, and archived webinars centered around these core subjects. Vantage also distinguishes itself by hosting live educational webinars monthly, offering traders a way to learn in real-time. The availability of a searchable archive of these webinars adds further convenience. Beginner-friendly content is plentiful with at least 10 dedicated videos, while advanced traders can also benefit from the same number of advanced educational videos. An investor dictionary further complements the learning experience with over 50 terms defined, earning Vantage a 4-star rating and a rank of 27th out of 62 brokers in the education category on ForexBrokers.com.
On the other hand, HYCM (Henyep Capital Markets) offers forte in its educational offerings, with a solid selection of educational pieces about forex and CFDs. However, it misses the mark with no monthly live webinars, differing it from Vantage's approach. Like Vantage, HYCM offers a searchable archive of webinars, making past learning accessible. It also provides a full suite of beginner videos at traders' disposal, though it does not offer the same number of advanced videos for more experienced traders. An investor dictionary is on par with Vantage, helping budding traders understand essential terms. Reflecting these offerings, HYCM is rated 3.5 stars and ranked 32nd in the education category by ForexBrokers.com.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than HYCM (Henyep Capital Markets). Vantage finished with an overall rank of #26, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 90 | 86 |
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Both Vantage and HYCM (Henyep Capital Markets) do not offer the ability to buy actual delivered cryptocurrency but do provide options for trading cryptocurrency derivatives.
When comparing online brokers Vantage and HYCM (Henyep Capital Markets) in terms of payment options, both do not support ACH or SEPA transfers but offer similar fund-transfer methods such as Skrill, Visa, Mastercard, and bank wires, with Vantage standing out by also accepting PayPal, which HYCM does not.
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 | Vantage | HYCM (Henyep Capital Markets) | |
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| Trust Score | 90 | 86 | |
| Winner | check_circle | ||
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Vantage | HYCM (Henyep Capital Markets) | |
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| Regulation | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 90 | 86 | |
| Year Founded | 2009 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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). | No | No |
| Tier-2 Licenses (Trusted) | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 1199 | |
| Forex Pairs (Total) | 57 | 70 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $50 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
| Overall | Vantage | HYCM (Henyep Capital Markets) | |
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| Trust Score | 90 | 86 | |
| Winner | check_circle | ||
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
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