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 | 3 | 1 |
When comparing Vantage and HYCM for commissions and fees, both brokers offer different account types tailored to various trading needs. Vantage provides three main account options: the Standard STP account with a typical spread of 1.30 pips on the EUR/USD, the RAW ECN account featuring average spreads of 0.15 pips plus a $6 round-turn commission, and the PRO ECN account, which net costs $4 per round turn for competitive pricing. The PRO account requires significant funding or particular client status. Vantage also offers an active trader program with rebates for those with balances starting at $10,000, though it's limited to the Standard account. Overall, Vantage's fees align with industry averages but don't match leading competitors like Saxo, IG, or CMC Markets.
HYCM, on the other hand, stands out with its competitive Raw account, offering an all-in cost of about 0.6 pips for the EUR/USD after commissions. Its Classic account has higher variable spreads starting at 1.2 pips, while the fixed-spread account maintains a consistent spread of 1.5 pips. These options make HYCM a suitable choice for traders who prefer stable or lower-cost structures.
Both Vantage and HYCM receive a commendable 4.5-star rating for commissions and fees. However, in ForexBrokers.com's ranking of 62 brokers, HYCM is placed slightly higher at #15, compared to Vantage at #19. This indicates that while both are competitive, HYCM might have the edge for some traders when it comes to pricing efficiency.
| 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 | Yes | 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, both brokers offer forex trading through CFDs or spot contracts. However, HYCM provides a wider selection of overall tradeable symbols, boasting 1,199 options compared to Vantage's 1,000. For those specifically interested in forex pairs, HYCM once again edges out Vantage with 70 offerings versus 61. Moreover, HYCM allows clients to directly purchase exchange-traded securities on both U.S. and international exchanges, an option that Vantage does not provide, giving HYCM a notable advantage for investors keen on buying shares like Apple or Vodafone outright.
On the other hand, Vantage excels in offering copy trading services, a feature HYCM lacks, making it a good choice for those who wish to mirror the trades of seasoned investors. Although neither platform allows the purchase of actual cryptocurrencies, both offer options to trade cryptocurrency derivatives. Overall, when rated for their range of investments, HYCM earns a higher rating of 4 stars compared to Vantage's 3.5 stars and ranks 33rd out of 62 brokers according to ForexBrokers.com, while Vantage comes in at 50th. This suggests HYCM could be a more versatile choice for those seeking diverse investment opportunities.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1199 |
| Forex Pairs (Total) | 61 | 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.
Vantage and HYCM (Henyep Capital Markets) provide commendable trading platforms and tools with several options for traders. Both brokers offer their own proprietary platforms, allowing for a personalized trading experience tailored to individual needs. This is complemented by the availability of popular MetaTrader 4 and MetaTrader 5 platforms on both. Whether you prefer a Windows-based desktop or a web-based browser platform, both Vantage and HYCM have you covered. Simulated trading is available with free virtual demo accounts from both brokers, making it easier for beginners to practice without financial risk. For traders interested in copy trading, Vantage offers tools like DupliTrade, whereas HYCM does not. However, neither broker supports ZuluTrade.
In terms of tools, each broker offers 15 drawing tools for charting and the ability to trade directly from a stock chart, providing a streamlined trading process. Their watch lists support up to seven columns, granting flexibility in monitoring trades and strategies. When it comes to their ranking by ForexBrokers.com in the Trading Platforms and Tools category, Vantage holds a higher position at 21st out of 62 brokers compared to HYCM’s 40th place. Despite this difference, both are rated with four stars for Trading Platforms and Tools, reflecting their quality and reliability. Whether you're a novice or a seasoned trader, both Vantage and HYCM offer tools and platforms to aid in successful 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 | 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.
Both Vantage and HYCM offer impressive mobile trading apps for both iPhone and Android users, allowing seamless trading experiences on the go. With the provision of stock and forex price alerts, users can stay informed about market movements. Despite the absence of watchlist symbol syncing, both platforms allow for the creation of watchlists with real-time quotes, adding convenience for traders looking to manage their investments efficiently.
Vantage and HYCM both provide rich features for charting, including 30 technical studies and the ability to draw trendlines, ensuring users have valuable tools for analysis. While both apps cater to multiple time frames and auto-save chart drawings, Vantage edges out with a slightly better overall ranking. Rated four stars each, these apps are commendably ranked, with Vantage at #27 and HYCM at #37 according to ForexBrokers.com. This suggests both platforms offer solid options for traders seeking advanced mobile trading solutions.
| 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 Vantage and HYCM for market research offerings, both brokers deliver daily market commentary and forex news from renowned sources like Bloomberg and Reuters. Vantage distinguishes itself with tools from Autochartist, providing in-depth technical and fundamental analysis that HYCM lacks. Both Vantage and HYCM offer research tools through Trading Central, ensuring traders have access to well-regarded analytical resources. However, Vantage steps ahead again by offering a supplementary sentiment-based trading tool that displays position ratios for different currency pairs, which is not available with HYCM.
In terms of additional resources, neither Vantage nor HYCM provides research from TipRanks or tools from Acuity Trading. Both brokers offer an economic calendar to keep traders updated on global economic events. Reflecting on their research capabilities, Vantage garners a 4-star rating, ranking 21st among 62 brokers according to ForexBrokers.com, while HYCM scores a 3.5-star rating and ranks 35th. This indicates a slight edge for Vantage in providing comprehensive research services to its users.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | 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.
Vantage and HYCM both provide beneficial educational resources tailored for beginners delving into forex or CFDs trading. Both platforms offer a wealth of over ten educational pieces, which include articles and videos. Beginners can also access at least ten educational videos on each platform, providing foundational knowledge and an enhanced learning experience. One distinguishing feature is that Vantage conducts monthly online educational webinars, offering real-time learning experiences that HYCM does not. Both brokers, however, give traders access to a searchable archive of recorded webinars, allowing users to learn at their own pace.
Advanced learners might find Vantage more appealing due to its series of over ten advanced topics videos, a feature absent in HYCM’s offerings. Additionally, both brokers provide an investor dictionary with over 50 terms, facilitating a comprehensive understanding of trading jargon. Review-wise, Vantage is rated slightly higher at four stars for education compared to HYCM’s 3.5 stars. This is reflected in their rankings among 62 brokers, with Vantage positioned at #24 and HYCM at #32 in the ForexBrokers.com education category. Whether you're a beginner or looking to deepen your understanding, Vantage seems to give an edge with its broader scope of resources and live webinar opportunities.
| 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 | 3 | 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) | 61 | 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 | Yes | 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 | No | 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 | Yes | 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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