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XTB vs HYCM (Henyep Capital Markets) 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of XTB 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.

XTB
5/5 Stars Overall
  • Minimum Deposit: $0 info
  • Trust Score: 96
  • Tradeable Symbols (Total): 10900 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

This XTB vs HYCM (Henyep Capital Markets) comparison covers trust and regulation in plain terms. XTB, founded in 2002, is publicly traded, while HYCM, founded in 1977, is privately held; neither broker is a bank. Based on ForexBrokers.com’s Trust Score, XTB earns 96/99 (highly trusted) and HYCM earns 85/99 (trusted).

On regulatory strength, both brokers hold two Tier-1 licenses (the most trusted level at ForexBrokers.com). XTB also holds two Tier-2 licenses versus HYCM’s one, giving XTB a slight edge in regulatory coverage to go with its higher Trust Score. For reference, the ForexBrokers.com scale rates 90–99 as highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.

Feature XTB logoXTB
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Year Founded info 2002 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 1 0
Tier-4 Licenses info 2 1

Fees

XTB and HYCM both earn 4.5 out of 5 stars for commissions and fees, but XTB has the stronger ranking overall, placing #13 out of 36 brokers compared with HYCM at #18 out of 36. For cost-conscious traders, that means both brokers are competitive, though XTB has a slight edge in the category.

XTB offers a spread-only Standard account and a commission-based Professional account, although the Pro option is now limited to eligible clients in the U.K. and Europe and is being phased out in most regions. Based on Q4 2023 data, XTB’s average EUR/USD spread was 1 pip. Its pricing is around the industry average, and the Standard account is usually the better choice for smaller trades. Minimum deposits start at 250 of your base currency, and active traders can get a spread rebate of 5% to 30% through XTB’s Lower Spread Group when they hit volume targets.

HYCM’s pricing is also straightforward, with a Raw account offering an all-in EUR/USD cost of about 0.6 pips after commission, which is its lowest-cost option. The Classic account is more expensive, with spreads starting from 1.2 pips, while the fixed-spread account comes in at 1.5 pips. In simple terms, HYCM can be very competitive for traders who use the Raw account, while XTB may appeal more to those who want a spread-only setup and possible volume-based rebates.

Feature XTB logoXTB
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Minimum Deposit info $0 info $20
Average spread (EUR/USD) - Standard account info 0.92 info 1.3 info
All-in Cost EUR/USD - Active info 0.92 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

XTB offers a much wider range of investments than HYCM (Henyep Capital Markets), with 10,900 tradeable symbols compared with HYCM’s 1,199. Both brokers support forex trading as CFDs or spot contracts and offer nearly the same number of currency pairs, with XTB at 71 and HYCM at 70. Each also lets clients buy exchange-traded shares on U.S. and international exchanges, such as Apple or Vodafone, and both offer cryptocurrency CFDs, but not actual delivered crypto. Neither broker supports copy trading.

For range of investments, XTB comes out ahead overall. It holds a 5-star rating versus HYCM’s 4 stars, and ranks #14 out of 36 brokers compared with HYCM at #27. If you want more choice across markets, XTB is the stronger option, while HYCM still covers the main bases for traders looking for forex, shares, and crypto CFDs.

Feature XTB logoXTB
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10900 info 1199
Forex Pairs (Total) info 71 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 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 platforms and tools

XTB and HYCM both give traders a free demo account, plus the choice of a desktop platform for Windows and a web-based platform that runs in a browser. Each broker also offers its own in-house platform and lets users place trades straight from a chart. Neither broker supports copy trading, so this area is a tie for basic platform access and ease of use.

The main difference is that HYCM also supports MetaTrader 4 and MetaTrader 5, while XTB does not. XTB still comes out ahead overall, with a 4.5-star rating for Trading Platforms and Tools and a ForexBrokers.com ranking of #9 out of 36 brokers, compared with HYCM’s 4-star rating and #32 ranking. For traders who want MT4 or MT5, HYCM has the edge; for those looking for the stronger overall platform package, XTB is the better pick.

Feature XTB logoXTB
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 Yes 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 39 30
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

XTB and HYCM (Henyep Capital Markets) both offer mobile trading apps for iPhone and Android, and each app includes stock or forex price alerts, trendline drawing, and auto-saving for chart drawings. Neither broker offers watchlist symbol syncing, so changes made in the mobile app do not carry over to the online account. For everyday mobile use, both apps cover the basics well and make it easy to trade on the go.

Where XTB pulls ahead is in charting depth and overall app ratings. XTB offers 39 technical studies in its mobile app, compared with 30 at HYCM, which can give traders more tools for analyzing price moves. XTB also earns a higher mobile trading apps rating at 4.5 stars and ranks #8 out of 36 brokers at ForexBrokers.com, while HYCM is rated 4 stars and ranks #30. If mobile charting and app quality matter most, XTB has the edge.

Feature XTB logoXTB
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 No No
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

XTB and HYCM (Henyep Capital Markets) both give traders useful market research tools, including daily market commentary, forex news from major sources like Bloomberg and Reuters, and an economic calendar with key global events. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools, so their research offering is focused more on core market updates than on third-party add-ons.

Where XTB stands out is in sentiment-based trading data, which shows how many traders are long or short on different instruments. HYCM, on the other hand, offers Trading Central research tools such as Technical Analytics, which XTB does not. Overall, XTB has the edge for research, with a 5-star rating and a #9 ranking out of 36 brokers, while HYCM is rated 3.5 stars and ranks #29.

Feature XTB logoXTB
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No 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

XTB stands out for beginners because it offers a wider range of learning tools for forex and CFDs, including at least 10 education pieces on these topics, monthly online client webinars, and more than 10 beginner-focused videos. It also goes further for traders who want to keep learning, with at least 10 advanced videos for more experienced users. This strong mix of articles, videos, and live sessions helps make XTB a useful choice for anyone who wants clear trading education in one place.

HYCM (Henyep Capital Markets) also provides some beginner trading videos and enough forex or CFDs education to meet the basic threshold, but it offers fewer learning options overall. It does not run monthly educational webinars and does not have at least 10 advanced videos, which may leave more experienced learners wanting more. Reflecting this difference, XTB is rated 5 stars for Education and ranks #11 out of 36 brokers by ForexBrokers.com, while HYCM is rated 3.5 stars and ranks #27, making XTB the stronger option for beginner-friendly trading education.

Feature XTB logoXTB
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Webinars info Yes 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 XTB is better than HYCM (Henyep Capital Markets). XTB finished with an overall rank of #7, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.

As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.

Feature XTB logoXTB
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 96 85
Range of Investments 5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Trading Platforms 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 4/5 Stars

FAQs

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

In a comparison of XTB vs HYCM (Henyep Capital Markets), neither broker allows purchasing actual delivered cryptocurrency, but both offer cryptocurrency CFDs for trading.

What funding options does each broker offer?

Online broker XTB supports PayPal and Skrill for deposits and withdrawals while HYCM (Henyep Capital Markets) supports Skrill only; both brokers support bank wire transfers, neither supports ACH or SEPA, and Visa/Mastercard availability is not specified for either.

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Overall Rating XTB HYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 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 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 85
Winner check_circle
Review XTB Review HYCM (Henyep Capital Markets) Review
Broker Screenshots XTB HYCM (Henyep Capital Markets)
Broker Gallery (click to expand) info
XTB xStation mobile trading app sentiment XTB xStation 5 web platform XTB website news headlines and sentiment. XTB educational course intermediate article lesson details
HYCM MT5 desktop trading platform HYCM client portal Analyst Views market analysis HYCM YouTube channel videos.
Regulation XTB HYCM (Henyep Capital Markets)
Trust Score info 96 85
Year Founded info 2002 1977
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 1
Tier-3 Licenses info 1 0
Tier-4 Licenses info 2 1
Tier-1 Licenses (Highly Trusted) XTB HYCM (Henyep Capital Markets)
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No Yes
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info No 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 No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-2 Licenses (Trusted) XTB HYCM (Henyep Capital Markets)
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or CMA Authorised) info Yes info Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XTB HYCM (Henyep Capital Markets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10900 info 1199
Forex Pairs (Total) info 71 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 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 XTB HYCM (Henyep Capital Markets)
Average spread (EUR/USD) - Standard account info 0.92 info 1.3 info
All-in Cost EUR/USD - Active info 0.92 info 0.6 info
Inactivity Fee info Yes No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding XTB HYCM (Henyep Capital Markets)
Minimum Deposit info $0 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 XTB HYCM (Henyep Capital Markets)
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes 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 XTB HYCM (Henyep Capital Markets)
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 39 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XTB 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 No No
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research XTB HYCM (Henyep Capital Markets)
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info No Yes
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education XTB HYCM (Henyep Capital Markets)
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs XTB HYCM (Henyep Capital Markets)
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review XTB Review HYCM (Henyep Capital Markets) Review
Overall XTB HYCM (Henyep Capital Markets)
Overall Rating info 5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 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 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 4/5 Stars
Trust Score info 96 85
Winner check_circle
Review XTB Review HYCM (Henyep Capital Markets) Review
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