Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212 (founded 2004) and HYCM (Henyep Capital Markets, founded 1977) are both online brokers that are privately held and not banks. Neither is publicly traded on a stock exchange.
Regulation and trust: Trading 212 holds three Tier-1 licenses, while HYCM holds two Tier-1 licenses plus one Tier-2 license. According to ForexBrokers.com, Trading 212 has a Trust Score of 82 and HYCM scores 85; both fall in the “trusted” 80–89 range (90–99 is highly trusted). In short, HYCM edges ahead on Trust Score, while Trading 212 lists more top-tier licenses.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2004 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to commissions and fees, Trading 212 and HYCM (Henyep Capital Markets) both offer pricing that may appeal to cost-conscious traders, but HYCM comes out ahead. Trading 212 advertises zero-commission trading on its CFD account, yet traders still pay the spread, and its average EUR/USD spread was 2.7 pips in April 2025, which is relatively high. Trading 212 is rated 4 stars and ranks #28 out of 36 brokers for commissions and fees.
HYCM offers more varied pricing, with its Raw account delivering an estimated all-in EUR/USD cost of about 0.6 pips after commission, which is much lower than Trading 212’s typical CFD and forex pricing. Its Classic account starts from a 1.2 pip spread, while its fixed-spread account offers a 1.5 pip spread. HYCM is rated 4.5 stars and ranks #18 out of 36 in the commissions and fees category.
In simple terms, Trading 212 may look cheaper at first because of its zero-commission marketing, but HYCM generally offers better overall value for active forex and CFD traders thanks to tighter spreads and stronger pricing transparency. For traders focused mainly on trading costs, HYCM has the edge.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | €1 | $20 |
| Average spread (EUR/USD) - Standard account | 2.7 | 1.3 |
| All-in Cost EUR/USD - Active | 2.7 | 0.6 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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Trading 212 offers a wider range of investments than HYCM (Henyep Capital Markets), making it the stronger choice for traders who want more market access in one place. It lists about 13,000 tradeable symbols and 180 forex pairs, compared with HYCM’s 1,199 symbols and 70 forex pairs. Both brokers let clients trade forex as CFDs or spot contracts, and both also offer exchange traded securities on U.S. and international exchanges, so you can buy real shares such as Apple or Vodafone with either platform.
Where Trading 212 stands out further is cryptocurrency access. It lets users buy both actual cryptocurrency and crypto CFDs, while HYCM only offers crypto CFDs. Neither broker supports copy trading. Based on ForexBrokers.com’s ratings, Trading 212 scores 5 out of 5 for Range of Investments and ranks #15 out of 36 brokers, while HYCM scores 4 out of 5 and ranks #28. Overall, Trading 212 provides the broader selection for investors looking for more choice across stocks, forex, and crypto.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13000 | 1199 |
| Forex Pairs (Total) | 180 | 70 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | 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 212 and HYCM both give traders a free demo account to practice with, plus web-based platforms and the ability to place trades straight from charts. Both are rated 4 out of 5 stars for trading platforms and tools, so each offers a solid day-to-day trading setup for beginners and more active users alike. Neither broker offers copy trading, and neither includes the platform details for technical indicators or watch list columns in the source data.
The main difference is in platform choice. Trading 212 does not offer a desktop download platform, a built-in proprietary platform, or MetaTrader 4 and MetaTrader 5. HYCM, by contrast, offers its own in-house platform, a Windows desktop app, and access to both MT4 and MT5. In ForexBrokers.com’s rankings for trading platforms and tools, Trading 212 places higher at #19 out of 36 brokers, while HYCM is ranked #33.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 102 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trading 212 and HYCM (Henyep Capital Markets) both make it easy to trade on the go, since each broker offers mobile apps for iPhone and Android. They also both support price alerts, trendline drawing on charts, and auto-saving those drawings, so users can keep track of markets and return to their work later. In terms of overall user rating for mobile trading apps, both brokers score 4 out of 5 stars.
The main difference shows up in charting tools and account syncing. Trading 212 offers 104 technical studies in its mobile app, compared with 30 at HYCM, giving traders more chart options to work with. Trading 212 also syncs watchlists between the mobile app and online account, while HYCM does not. That extra convenience helps Trading 212 place higher in ForexBrokers.com’s mobile apps ranking, at #17 out of 36 brokers, versus #31 for HYCM.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Trading 212 and HYCM (Henyep Capital Markets) both give traders access to useful market research basics, including forex news from top sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking upcoming global events. Both brokers are also rated 3.5 out of 5 stars for Research by ForexBrokers.com, though HYCM places slightly higher at #30 out of 36 brokers, compared with Trading 212 at #33.
The main difference is in the depth of extra research tools. HYCM offers daily market commentary and Trading Central tools, which can help traders spot possible trade ideas and trends more easily. Trading 212, on the other hand, stands out with a sentiment tool that shows the share of long and short positions across markets, while both brokers do not offer Autochartist, TipRanks, or Acuity Trading research tools.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | No | 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.
For beginners looking for learning tools, Trading 212 and HYCM (Henyep Capital Markets) are fairly close in overall Education ratings, with both scoring 3.5 out of 5 stars. Each broker also offers at least 10 beginner-focused videos, so new traders can find basic help on trading topics. Neither broker offers monthly live educational webinars, and neither stands out as a strong source of dedicated forex or CFD education based on the information provided. In ForexBrokers.com’s Education category, Trading 212 ranks higher at #20 out of 36 brokers, while HYCM sits at #27.
Where Trading 212 pulls ahead is in advanced learning content. It offers at least 10 advanced videos for more experienced traders, while HYCM does not meet that mark. That makes Trading 212 the better pick for users who want to start with beginner material and then move on to more detailed lessons over time. HYCM still covers the basics well, but Trading 212 appears to offer a wider path for traders who want to keep learning as their skills grow.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trading 212 is better than HYCM (Henyep Capital Markets). Trading 212 finished with an overall rank of #25, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
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| Trust Score | 82 | 85 |
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Trading 212 allows you to buy actual (delivered) cryptocurrencies and trade crypto CFDs, whereas HYCM (Henyep Capital Markets) supports only cryptocurrency CFDs and does not offer buying real coins.
Trading 212 vs. HYCM (Henyep Capital Markets): Trading 212 supports ACH/SEPA and bank wire deposits/withdrawals but not PayPal or Skrill, while HYCM supports bank wires and Skrill but not ACH/SEPA or PayPal; 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 | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Regulation | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 82 | 85 | |
| Year Founded | 2004 | 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 | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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) | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13000 | 1199 | |
| Forex Pairs (Total) | 180 | 70 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | 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 | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | 1.3 | |
| All-in Cost EUR/USD - Active | 2.7 | 0.6 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | €1 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 102 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | 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 | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
| Overall | Trading 212 | HYCM (Henyep Capital Markets) | |
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| Trust Score | 82 | 85 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | HYCM (Henyep Capital Markets) Review |
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