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
Capital.com (founded 2016) and HYCM (Henyep Capital Markets, founded 1977) are online brokers that are not publicly traded and are not banks. According to ForexBrokers.com, Capital.com has a Trust Score of 89 and HYCM scores 85โboth in the โtrustedโ 80โ89 range on the 99-point scale (90โ99 highly trusted; 70โ79 average risk; 60โ69 high risk; under 59 not trusted).
When it comes to regulation, Capital.com holds three Tier-1 licenses (highly trusted by ForexBrokers.com) and three Tier-2 licenses (trusted), while HYCM holds two Tier-1 and one Tier-2. Bottom line: Capital.com features slightly more top-tier oversight and a marginally higher Trust Score, but both brokers land in the trusted category.
Fees
When it comes to commissions and fees, Capital.com has an edge over HYCM (Henyep Capital Markets) for cost-conscious traders. Capital.comโs pricing is slightly better than the industry average, and its typical EUR/USD spread was confirmed at about 0.67 pips in April 2024. It offers a universal retail account, plus a professional account for eligible traders. Capital.com is rated 5 stars and ranked #3 out of 36 brokers for Commissions and Fees.
HYCM also offers competitive pricing, especially on its Raw account, where the all-in EUR/USD cost is around 0.6 pips after commission. However, its Classic account starts from 1.2 pips, and its fixed-spread account is set at 1.5 pips, which can make it more expensive depending on the account type. HYCM is rated 4.5 stars and ranked #18 out of 36 brokers for Commissions and Fees.
In simple terms, both brokers can work for low-cost forex trading, but Capital.com has the stronger overall pricing profile and a higher category ranking. HYCM may still appeal to traders who want account options with different spread setups, but Capital.com is the better pick overall for fees and trading costs.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Minimum Deposit
|
$20
|
$20
|
|
Average spread (EUR/USD) - Standard account
|
0.7
|
1.3
|
|
All-in Cost EUR/USD - Active
|
0.67
|
0.6
|
|
Non-wire bank transfer
|
No
|
No
|
|
PayPal (Deposit/Withdraw)
|
Yes
|
No
|
|
Skrill (Deposit/Withdraw)
|
Yes
|
Yes
|
|
Bank Wire (Deposit/Withdraw)
|
Yes
|
Yes
|
Dive deeper: Best Low Spread Forex Brokers.
Join 239,000+ traders worldwide.
Range of investments
Capital.com offers a wider range of investments than HYCM (Henyep Capital Markets), with 5,585 tradeable symbols compared with HYCMโs 1,199. It also provides 125 tradeable forex pairs, while HYCM lists 70. Both brokers offer forex trading as CFDs or spot contracts, and both support cryptocurrency CFDs rather than actual crypto purchases. However, neither platform offers copy trading, and neither lets clients buy actual delivered cryptocurrency.
Where HYCM stands out is in exchange-traded securities: it offers access to real U.S. shares and international stocks, while Capital.com does not. Even so, Capital.com holds the edge overall for range of investments, with a 4.5-star rating and a #18 ranking out of 36 brokers from ForexBrokers.com, compared with HYCMโs 4-star rating and #28 ranking.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Forex Trading (Spot or CFDs)
|
Yes
|
Yes
|
|
Tradeable Symbols (Total)
|
5585
|
1199
|
|
Forex Pairs (Total)
|
125
|
70
|
|
U.S. Stocks (Shares)
|
No
|
Yes
|
|
Global Stocks (Non-U.S. Shares)
|
No
|
Yes
|
|
Copy Trading
|
No
|
No
|
|
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.
Trading platforms and tools
Capital.com and HYCM (Henyep Capital Markets) both give traders a strong set of platform choices, including a free demo account, a custom-built proprietary platform, web-based access, and Windows desktop downloads. Each broker also supports MetaTrader 4 and MetaTrader 5, and both let users place trades directly from charts. One key difference is that neither broker offers copy trading, so traders looking for that feature will need to look elsewhere.
When it comes to trading platforms and tools, Capital.com has the edge overall. It is rated 4.5 out of 5 stars and ranks #10 out of 36 brokers in this category, while HYCM is rated 4 out of 5 stars and ranks #33. For traders comparing platform quality, Capital.com appears to offer a slightly better experience, even though both brokers cover the main tools most everyday traders need.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Virtual Trading (Demo)
|
Yes
|
Yes
|
|
Proprietary Desktop Trading Platform
|
Yes
|
Yes
|
|
Desktop Platform (Windows)
|
Yes
|
Yes
|
|
Web Platform
|
Yes
|
Yes
|
|
Copy Trading
|
No
|
No
|
|
MetaTrader 4 (MT4)
|
Yes
|
Yes
|
|
MetaTrader 5 (MT5)
|
Yes
|
Yes
|
|
Charting - Indicators / Studies (Total)
|
97
|
30
|
|
Charting - Trade From Chart
|
Yes
|
Yes
|
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Forex trading apps
Capital.com and HYCM both give mobile traders the basics most people look for in a trading app. Each broker offers iPhone and Android apps, plus price alerts for stocks or forex. Both apps also include 30 technical studies, let users draw trendlines on charts, and save those drawings automatically. One drawback for both is that watchlists do not sync between the mobile app and the online account, so changes made in one place do not carry over to the other.
When it comes to overall mobile app quality, Capital.com has the edge. It is rated 4.5 out of 5 stars for Mobile Trading Apps and is ranked #11 out of 36 brokers by ForexBrokers.com. HYCM is still a solid choice, but it trails behind with a 4-star rating and a #31 ranking. For traders who want a more polished mobile experience, Capital.com appears to be the stronger pick.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
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.
Market research
When it comes to market research, Capital.com and HYCM both give traders useful everyday tools. Each offers daily market commentary, forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar that tracks key global events. Neither broker includes Autochartist, TipRanks, or Acuity Trading tools, so their research suites are similar in those areas.
The main difference is in extra analysis features. Capital.com includes a sentiment tool that shows the share of long and short positions, which can help traders gauge market mood, while HYCM does not. HYCM, however, adds Trading Central research tools such as Technical Analytics, which Capital.com does not offer. Overall, Capital.com is rated 4.5/5 for Research and ranks #14 out of 36 brokers, while HYCM is rated 3.5/5 and ranks #30, giving Capital.com the edge for research quality overall.
|
Feature |
Capital.com
|
HYCM (Henyep Capital Markets)
|
|
Daily Market Commentary (Articles)
|
Yes
|
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.
Beginners and education
For beginners looking for trading help, both Capital.com and HYCM (Henyep Capital Markets) provide a good starting point with at least 10 beginner-focused educational videos on trading topics. Neither broker offers online educational client webinars on a monthly basis, and neither appears to provide the level of forex or CFD education defined here as at least 10 dedicated pieces focused mainly on those topics. That means new traders can find some useful learning material at both firms, but they may need to look elsewhere for a steady stream of forex- or CFD-specific lessons.
Capital.com stands out more clearly for education overall. It also offers at least 10 advanced videos for experienced traders, while HYCM does not meet that mark. This broader mix of beginner and advanced content likely helps explain why Capital.com is rated 4.5 out of 5 stars for Education and ranks #8 out of 36 brokers by ForexBrokers.com, compared with HYCMโs 3.5-star Education rating and #27 ranking. For traders who want more room to grow, Capital.com looks like the stronger choice for educational resources.
Dive deeper: Best Forex Brokers for Beginners.
Winner
After testing 63 of the best forex brokers, our research and account testing finds that Capital.com is better than HYCM (Henyep Capital Markets). Capital.com finished with an overall rank of #12, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
Capital.com stands out for its quality research, strong educational content, and innovative web platform. Capital.com holds fewer regulatory licenses and offers a narrower range of markets than some of the best brokers, but still significantly outperforms the industry average.
FAQs
Can you trade cryptocurrency with Capital.com or HYCM (Henyep Capital Markets)?
In a Capital.com vs HYCM (Henyep Capital Markets) comparison, neither broker lets you buy actual delivered cryptocurrencies, but both provide cryptocurrency CFD trading.
What funding options does each broker offer?
In a head-to-head comparison of deposit and withdrawal methods, Capital.com vs HYCM (Henyep Capital Markets): both lack ACH/SEPA, Capital.com uniquely supports PayPal, both support Skrill and bank wire transfers, and Visa/Mastercard availability is not specified for either broker.
announcementPlease note:
We review each brokerโs overall global offering โ a โYesโ 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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Broker Screenshots
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Broker Gallery (click to expand)
|
|
|
|
|
Regulation
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Trust Score
|
89
|
85
|
|
|
Year Founded
|
2016
|
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
|
3
|
1
|
|
|
Tier-3 Licenses
|
0
|
0
|
|
|
Tier-4 Licenses
|
2
|
1
|
|
|
Tier-1 Licenses (Highly Trusted)
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Australia (ASIC Authorised)
|
Yes
|
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)
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Kenya (CMA Authorised)
|
Yes
|
|
|
|
Israel (ISA Authorised)
|
No
|
No
|
|
|
South Africa (FSCA Authorised)
|
No
|
No
|
|
|
UAE (DFSA, FSRA, or CMA Authorised)
|
Yes
|
Yes
|
|
|
India (SEBI Authorised)
|
No
|
No
|
|
|
Jordan (JSC Authorised)
|
|
|
|
|
Investments
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Forex Trading (Spot or CFDs)
|
Yes
|
Yes
|
|
|
Tradeable Symbols (Total)
|
5585
|
1199
|
|
|
Forex Pairs (Total)
|
125
|
70
|
|
|
U.S. Stocks (Shares)
|
No
|
Yes
|
|
|
Global Stocks (Non-U.S. Shares)
|
No
|
Yes
|
|
|
Copy Trading
|
No
|
No
|
|
|
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
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Average spread (EUR/USD) - Standard account
|
0.7
|
1.3
|
|
|
All-in Cost EUR/USD - Active
|
0.67
|
0.6
|
|
|
Inactivity Fee
|
No
|
No
|
|
|
Order execution: Agency
|
No
|
Yes
|
|
|
Order execution: Market Maker
|
Yes
|
Yes
|
|
|
Funding
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Minimum Deposit
|
$20
|
$20
|
|
|
PayPal (Deposit/Withdraw)
|
Yes
|
No
|
|
|
Skrill (Deposit/Withdraw)
|
Yes
|
Yes
|
|
|
Bank Wire (Deposit/Withdraw)
|
Yes
|
Yes
|
|
|
Non-wire bank transfer
|
No
|
No
|
|
|
Trading Platforms
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Proprietary Desktop Trading Platform
|
Yes
|
Yes
|
|
|
Desktop Platform (Windows)
|
Yes
|
Yes
|
|
|
Web Platform
|
Yes
|
Yes
|
|
|
Copy Trading
|
No
|
No
|
|
|
MetaTrader 4 (MT4)
|
Yes
|
Yes
|
|
|
MetaTrader 5 (MT5)
|
Yes
|
Yes
|
|
|
cTrader
|
No
|
No
|
|
|
Trading Tools
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Virtual Trading (Demo)
|
Yes
|
Yes
|
|
|
Price Alerts
|
Yes
|
Yes
|
|
|
Charting - Indicators / Studies (Total)
|
97
|
30
|
|
|
Charting - Trade From Chart
|
Yes
|
Yes
|
|
|
Charts can be saved
|
Yes
|
Yes
|
|
|
Mobile Trading
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
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
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Daily Market Commentary (Articles)
|
Yes
|
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
|
Capital.com |
HYCM (Henyep Capital Markets) |
|
|
Webinars
|
No
|
No
|
|
|
Videos - Beginner Trading Videos
|
Yes
|
Yes
|
|
|
Videos - Advanced Trading Videos
|
Yes
|
No
|
|
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