Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs ActivTrades, 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.
HYCM (Henyep Capital Markets), founded in 1977, and ActivTrades, founded in 2001, are both online brokers that are not publicly traded and are not banks. On ForexBrokers.com’s 99-point Trust Score scale, HYCM scores 85 and ActivTrades scores 80; both fall in the 80–89 band labeled “trusted” (90–99 = highly trusted, 70–79 = average risk, 60–69 = high risk, under 59 = not trusted).
In terms of regulation, each broker holds two Tier-1 licenses (highly trusted by ForexBrokers.com) and one Tier-2 license (trusted). With identical license tiers but a slightly higher Trust Score, HYCM edges ActivTrades on paper, while ActivTrades remains in the same trust category. From there, your choice may come down to platform features, fees, and available markets.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Year Founded | 1977 | 2001 |
| 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 | 1 | 2 |
When comparing commissions and fees, HYCM (Henyep Capital Markets) comes out a bit ahead of ActivTrades. HYCM’s Raw account offers competitive pricing, with an estimated all-in cost of about 0.6 pips on EUR/USD after commission, while its Classic account is pricier at a variable spread starting from 1.2 pips. HYCM also has a fixed-spread account with a 1.5-pip spread. For commissions and fees, HYCM is rated 4.5 out of 5 stars and ranks #18 out of 36 brokers.
ActivTrades also prices fairly well, with spreads that are slightly better than the industry average, though not as low as the cheapest forex brokers. Its average EUR/USD spread was 0.98 pips in May 2024, and pricing can vary depending on the asset and market conditions. ActivTrades does not offer special pricing for active traders, and spreads are generally the same across its account types, including Individual, Professional, and Islamic accounts. For commissions and fees, ActivTrades is rated 4 out of 5 stars and ranks #22 out of 36 brokers.
Overall, HYCM is the stronger choice if your main goal is lower trading costs, especially on EUR/USD with its Raw account. ActivTrades is still competitive, but its fees tend to be a little higher on average and it offers fewer pricing advantages for high-volume traders.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.08 |
| All-in Cost EUR/USD - Active | 0.6 | 0.92 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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HYCM and ActivTrades both give traders access to forex as CFDs or spot contracts, along with cryptocurrency CFDs, international exchange-traded securities, and a similar overall range of investment choices. HYCM lists 1,199 tradeable symbols and stands out for offering more forex pairs than ActivTrades, with 70 pairs compared with 49. It also lets clients buy actual shares on U.S. exchanges, such as Apple, which ActivTrades does not offer.
ActivTrades offers a slightly larger total list of tradeable symbols, with 1,267 compared with HYCM’s 1,199, and it also includes copy trading, which HYCM does not. Both brokers allow access to international shares and do not support buying real cryptocurrency directly. In ForexBrokers.com’s Range of Investments category, both are rated 4 out of 5 stars, with ActivTrades ranked #26 out of 36 brokers and HYCM ranked #28 out of 36.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 1267 |
| Forex Pairs (Total) | 70 | 49 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | 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.
HYCM and ActivTrades both give traders a similar range of platform choices, including free demo accounts, their own in-house platforms, Windows desktop downloads, web-based trading, MetaTrader 4, and MetaTrader 5. Both also let users trade directly from charts, which can make order entry quicker and easier. In ForexBrokers.com’s Trading Platforms and Tools category, each broker earns 4 out of 5 stars, showing that both offer a solid set of tools for everyday trading.
The key difference is copy trading: ActivTrades offers it, while HYCM does not. That may matter for traders who want to follow and mirror other investors’ trades. Even so, HYCM and ActivTrades are close overall, with ActivTrades holding a higher ForexBrokers.com ranking in this category at #27 out of 36 brokers, compared with HYCM at #33 out of 36.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
HYCM (Henyep Capital Markets) and ActivTrades both give mobile traders the core tools most people look for. Each broker offers iPhone and Android apps, price alerts, 30 technical studies for charting, trendline drawing, and auto-saving for chart drawings. Both also earn 4 out of 5 stars for mobile trading apps, so in day-to-day use they look very similar in the main features that matter to many traders.
The biggest difference is in ForexBrokers.com’s ranking, where ActivTrades places higher at #21 out of 36 brokers, while HYCM sits at #31. Neither app supports watchlist symbol syncing, so watchlists made on mobile do not automatically match the online account for either broker. Overall, if you want a simple mobile trading app with the same basic tools on both sides, HYCM and ActivTrades are closely matched, but ActivTrades has the stronger category ranking.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
HYCM and ActivTrades both give traders useful market research tools, including daily market commentary, news from major sources such as Bloomberg and Reuters, and an economic calendar for tracking important global events. Neither broker offers Autochartist, Trading Central is available with HYCM but not with ActivTrades, and neither platform includes TipRanks or Acuity Trading research tools. For traders who want a more standard research setup with news, commentary, and calendar access, both brokers cover the basics well.
There are some clear differences, though. ActivTrades includes a sentiment tool that shows long and short position ratios across markets, which HYCM does not offer. On ForexBrokers.com, HYCM is rated 3.5 stars for research and ranks #30 out of 36 brokers, while ActivTrades scores 4 stars and ranks #27. That makes ActivTrades the stronger choice overall for market research, while HYCM still stands out for its Trading Central tools.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | No | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning tools, both HYCM (Henyep Capital Markets) and ActivTrades offer at least 10 beginner-focused trading videos, which can help new traders get started with the basics. HYCM does not provide monthly educational client webinars, while ActivTrades does, giving ActivTrades an extra live-learning option for those who want regular guidance. HYCM also does not meet the standard for forex or CFD education content with at least 10 subject-specific pieces, while ActivTrades does.
When it comes to more advanced learning, HYCM does not offer at least 10 advanced trading videos, but ActivTrades does, making it the stronger choice for traders who want to keep building their skills over time. That said, HYCM is still rated 3.5 out of 5 for Education and ranks #27 out of 36 brokers, while ActivTrades is rated slightly higher at 4 out of 5 but ranks #30 out of 36. Overall, ActivTrades offers more learning content for beginners and beyond, while HYCM provides a more limited set of educational resources.
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that HYCM (Henyep Capital Markets) is better than ActivTrades. HYCM (Henyep Capital Markets) finished with an overall rank of #26, while ActivTrades finished with an overall rank of #28.
HYCM is a trusted brand that offers a straightforward MetaTrader platform experience. Its Raw account delivers competitive pricing, and traders gain access to third-party modules from Trading Central as well as exchange-traded securities (available through a separate platform).
| Feature |
HYCM (Henyep Capital Markets)
|
ActivTrades
|
|---|---|---|
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| Trust Score | 85 | 80 |
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In the HYCM (Henyep Capital Markets) vs ActivTrades cryptocurrency comparison, neither broker supports buying actual (delivered) crypto, but both offer cryptocurrency CFDs.
Comparing deposit and withdrawal methods, HYCM (Henyep Capital Markets) and ActivTrades both do not support ACH or SEPA transfers or PayPal, both support Skrill and bank wire transfers, and 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 | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Regulation | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Trust Score | 85 | 80 | |
| Year Founded | 1977 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | ||
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | 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 |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 1267 | |
| Forex Pairs (Total) | 70 | 49 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | 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 | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.08 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.92 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | ActivTrades | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
| Overall | HYCM (Henyep Capital Markets) | ActivTrades | |
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| Trust Score | 85 | 80 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review | ActivTrades Review |
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