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 (founded 2009) and HYCM (Henyep Capital Markets, founded 1977) are online brokers that are privately held and not banks. According to ForexBrokers.com, Vantage holds a Trust Score of 91/99 (highly trusted), while HYCM scores 85/99 (trusted). For context, ForexBrokers.com rates 90–99 as highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
On regulation, both brokers hold 2 Tier-1 licenses (considered highly trusted) and 1 Tier-2 license (considered trusted), indicating meaningful oversight. Bottom line: Vantage has the higher overall Trust Score, but both Vantage and HYCM carry multiple top-tier licenses that many traders look for when evaluating regulation.
| 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 |
Vantage and HYCM (Henyep Capital Markets) are both strong choices if low trading costs matter to you, and each earns 4.5 out of 5 stars for commissions and fees. Vantage ranks #12 out of 36 brokers in this category, while HYCM ranks #18 out of 36, giving Vantage a slight edge overall.
With Vantage, your costs depend on the account type you choose. The Standard STP account is spread-only and had a typical EUR/USD spread of 1.30 pips, while the Raw ECN account offered average spreads of 0.15 pips plus a $3 commission per side ($6 round turn), for an all-in cost of about 0.75 pips. Vantage’s PRO ECN account is its cheapest option, with a $2 commission per side ($4 round turn), though it has higher entry requirements.
HYCM also offers a mix of pricing options. Its Raw account is the most competitive, with an all-in EUR/USD cost of about 0.6 pips after commission. The Classic account is pricier, with variable spreads starting from 1.2 pips, and the fixed-spread account comes in at 1.5 pips. Overall, HYCM can be a good fit for traders who want simple pricing choices, while Vantage may appeal more to those looking for lower costs on commission-based accounts.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $50 | $20 |
| Average spread (EUR/USD) - Standard account | 1.32 | 1.3 |
| All-in Cost EUR/USD - Active | 0.72 | 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.
When it comes to range of investments, HYCM (Henyep Capital Markets) has the edge over Vantage. Both brokers offer forex trading as CFDs or spot contracts, and both support crypto CFDs, but HYCM gives traders more choice overall, with 1,199 tradeable symbols and 70 forex pairs compared with Vantage’s 1,000 symbols and 61 forex pairs. HYCM also stands out for offering exchange-traded shares on both U.S. and international markets, while Vantage does not offer direct share dealing on either.
Vantage does have one clear advantage: copy trading, which HYCM does not provide. Neither broker lets clients buy actual cryptocurrency, so crypto access is limited to CFDs only. Based on ForexBrokers.com’s range of investments rating, HYCM scores 4 out of 5 and ranks #28 out of 36 brokers, while Vantage scores 3.5 out of 5 and ranks #33 out of 36.
| 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. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | 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.
Vantage and HYCM both give traders a solid set of platform choices, including a free demo account, a desktop app for Windows, a web-based platform, and access to both MetaTrader 4 and MetaTrader 5. Each broker also offers its own in-house platform, and both support trading directly from charts. Based on Trading Platforms and Tools, both are rated 4 out of 5 stars, so neither has a clear edge on the basics that many traders look for first.
The biggest difference is copy trading: Vantage offers it, while HYCM does not. That extra feature may appeal to beginners who want to follow other traders, or to busy users who want a more hands-off option. In ForexBrokers.com’s ranking for this category, Vantage places higher at #20 out of 36 brokers, compared with HYCM at #33, which gives Vantage the lead overall for trading platforms and tools.
| Feature |
Vantage
|
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 | Yes | No |
| 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.
Vantage and HYCM (Henyep Capital Markets) both offer mobile trading apps for iPhone and Android, so traders can manage accounts and follow markets on the go with either broker. Each app also includes price alerts for stocks or forex, 30 technical studies for charting, trendline drawing tools, and automatic saving of chart drawings. Both platforms are rated 4 out of 5 stars for mobile trading apps, which puts them on similar footing for everyday mobile use.
The main difference is in overall ranking, where Vantage places higher than HYCM in ForexBrokers.com’s mobile trading apps category, coming in at #24 out of 36 brokers compared with HYCM at #31. Neither broker offers watchlist symbol syncing between the mobile app and online account, so watchlist changes do not carry over automatically. For traders who want a straightforward mobile app with the same core features on both sides, the choice may come down to which platform feels easier to use and which overall broker offering better fits their needs.
| Feature |
Vantage
|
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.
Vantage and HYCM both give traders the basics needed for market research, including daily market commentary, forex news from major sources such as Bloomberg and Reuters, and an economic calendar for tracking global events. Each also offers Trading Central tools, so users can tap into chart-based insights and trading ideas. For everyday research needs, both brokers cover the core features most traders expect.
Where Vantage pulls ahead is in the extra tools it offers. Vantage includes Autochartist and a sentiment tool that shows long-versus-short positioning, while HYCM does not offer either of these features. That wider research mix helps explain Vantage’s stronger Research rating of 4 stars and its higher ForexBrokers.com ranking of #20 out of 36 brokers, compared with HYCM’s 3.5-star rating and #30 ranking.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | 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, Vantage has the edge over HYCM (Henyep Capital Markets). Vantage offers forex and CFDs education with at least 10 relevant educational pieces, monthly online client webinars, and 10 or more beginner videos that cover trading basics. It also goes further with at least 10 advanced videos for traders who want to build on their skills. This stronger mix of lessons and live learning support helps make Vantage a better fit for new traders who want more guidance as they get started.
HYCM also provides at least 10 beginner trading videos, so it does give new users some helpful starting points. However, it does not offer monthly educational webinars, and it falls short on advanced video content and forex or CFDs education compared with Vantage. That difference shows up in its Education score as well, with Vantage rated 4 out of 5 stars and ranked #23 out of 36 brokers by ForexBrokers.com, while HYCM is rated 3.5 stars and ranked #27.
| Feature |
Vantage
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Webinars | Yes | 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 Vantage is better than HYCM (Henyep Capital Markets). Vantage finished with an overall rank of #24, while HYCM (Henyep Capital Markets) finished with an overall rank of #26.
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
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 91 | 85 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Comparing online brokers Vantage and HYCM (Henyep Capital Markets): neither supports buying actual delivered cryptocurrencies, but both offer trading in cryptocurrency CFDs.
Comparing online brokers Vantage and HYCM (Henyep Capital Markets) for deposit and withdrawal methods: both support bank wire transfers and Skrill and do not offer ACH or SEPA, while only Vantage offers PayPal; Visa/Mastercard availability is not specified for either.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 91 | 85 | |
| Winner | check_circle | ||
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 91 | 85 | |
| 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 (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). | No | No |
| Tier-2 Licenses (Trusted) | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| 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. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.32 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.72 | 0.6 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | Yes | |
| Order 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 | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| 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 | Vantage | 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 | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | 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 | Vantage Review | HYCM (Henyep Capital Markets) Review |
| Overall | Vantage | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 91 | 85 | |
| Winner | check_circle | ||
| Review | Vantage Review | HYCM (Henyep Capital Markets) Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill