Written by ForexBrokers.com
In this head to head comparison of HYCM (Henyep Capital Markets) vs Axi, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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HYCM, established in 1977, and Axi, founded in 2007, are both well-regarded online brokers, although neither is publicly traded nor operates as a bank. Each broker holds two Tier-1 licenses, reflecting a high level of trust according to ForexBrokers.com. Additionally, they both maintain one Tier-2 license, indicating a strong compliance with regulatory standards.
When it comes to trust ratings, HYCM scores an impressive 86 out of 99, earning a "trusted" status. Axi follows closely with a score of 82, which also places it in the "trusted" category according to ForexBrokers.com. Both brokers provide dependable service with substantial regulatory oversight, offering traders a measure of confidence in their operations.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Year Founded | 1977 | 2007 |
| 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 | 1 |
When comparing the commissions and fees of HYCM (Henyep Capital Markets) and Axi, it's clear that both brokers offer unique pricing structures. HYCM provides a range of account types to cater to different trading needs. Their Raw account boasts competitive pricing with an all-in cost of about 0.6 pips for EUR/USD after commission. For those preferring fixed costs, HYCM's fixed-spread account is available with spreads starting at 1.5 pips, while the Classic account has a variable spread beginning at 1.2 pips. In terms of rating, HYCM achieves a notable 4.5 out of 5 stars for its commissions and fees, securing a #15 ranking out of 63 brokers reviewed by ForexBrokers.com.
On the other hand, Axi's detailed average spread data isn’t as readily available, making direct comparisons slightly challenging. Despite this, Axi holds its ground with a 4-star rating out of 5 for commissions and fees. When ranked by ForexBrokers.com, Axi is placed at #43 out of 63 brokers, reflecting its competitive yet less defined fee structure in comparison to HYCM.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Minimum Deposit | $20 | $0 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.6 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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When comparing the range of investments offered by HYCM and Axi, there are noticeable differences that cater to various investor preferences. HYCM boasts an impressive selection of 1,199 tradeable symbols, including 70 forex pairs, highlighting a broader range of choices for traders. It also offers the opportunity to invest in exchange-traded securities on both U.S. and international exchanges, giving investors the chance to buy shares like Apple or Vodafone. Although HYCM doesn't provide copy trading, it does allow trading in cryptocurrency derivatives.
On the other hand, Axi provides 175 tradeable symbols, including 65 forex pairs. While Axi falls short in offering exchange-traded securities on U.S. or international exchanges, it supports copy trading, making it appealing to those who prefer to replicate the strategies of successful traders. Both platforms do not offer the purchase of actual cryptocurrencies, focusing instead on cryptocurrency derivatives. In terms of ratings, HYCM edges out with a four-star rating and a higher ranking in investment range compared to Axi’s 3.5-star score.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1199 | 175 |
| Forex Pairs (Total) | 70 | 65 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
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When comparing trading platforms and tools between HYCM (Henyep Capital Markets) and Axi, investors will find both brokers offer valuable options like simulated or paper trading with free virtual demo accounts. However, HYCM distinguishes itself with a proprietary, in-house platform, setting it apart from Axi, which relies on third-party solutions. Both brokers support Windows-based desktop platforms and web-based trading, catering to various preferences. While each offers the popular MetaTrader 4 (MT4) platform, only HYCM extends its offering to MetaTrader 5 (MT5). In terms of trading innovation, Axi leads by providing copy trading and ZuluTrade, which HYCM does not offer.
Charting options with both brokers include 15 drawing tools, enabling traders to perform detailed analyses directly from stock charts. Their watchlist capabilities are equal, featuring seven customizable columns. Despite similarities, HYCM edges ahead with a 4-star rating in trading platforms and tools compared to Axi’s 3.5 stars. Additionally, HYCM ranks at #40 among 63 brokers according to ForexBrokers.com, whereas Axi sits at #63. These distinctions indicate HYCM might be better suited for traders seeking a blend of proprietary innovation and MetaTrader support, while Axi remains a competitive choice for those interested in social trading features.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
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When comparing the mobile trading apps offered by HYCM and Axi, both brokers cater to iPhone and Android users, providing essential tools for trading on the go. Each app includes features such as stock and forex price alerts and the ability to draw trendlines on charts. They also support viewing multiple time frames, ranging from daily to intraday, making them suitable for traders who need flexibility. However, neither HYCM nor Axi offers watchlist symbol syncing between mobile apps and online accounts, a feature that may be important for some traders. Both brokers provide 30 technical studies within their charting tools, helping users conduct comprehensive analyses.
HYCM's mobile app edges out Axi's with additional functionality as it automatically saves chart drawings, a useful feature absent in Axi's offering. Both apps allow the creation of watchlists with real-time quotes, enabling traders to keep a close eye on desired assets. In terms of ratings, HYCM garners a higher rating of 4 stars for its mobile trading app compared to Axi's 3.5 stars. Furthermore, HYCM ranks #37 out of 63 brokers in ForexBrokers.com's mobile trading apps category, significantly ahead of Axi, which holds the #59 position. Overall, while both apps are similar in many respects, HYCM seems to have a slight edge based on user ratings and additional charting conveniences.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
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When comparing the market research offerings of HYCM (Henyep Capital Markets) and Axi, traders will find several distinctions that may impact their choice of broker. HYCM stands out with its daily market commentary, providing regular insights that Axi does not offer. Both brokers provide forex news from top-tier sources like Bloomberg and Reuters, ensuring access to reliable information. In terms of technical analysis, Axi leverages tools from Autochartist, while HYCM utilizes Trading Central's resources. Axi appeals to traders interested in sentiment analysis with tools showing the ratio of long or short positions, a feature absent in HYCM’s platform. Additionally, both brokers present economic calendars for tracking global news, helping traders stay informed.
When evaluated for research quality, HYCM receives a rating of 3.5 stars, comparing favorably against Axi’s 3-star rating. Ranking-wise, HYCM is positioned at 35th out of 63 brokers in the Research category by ForexBrokers.com, whereas Axi is ranked at 55th. These ratings reflect how each broker's research offerings might align with different trading strategies and information preferences. For those prioritizing in-depth market commentary and Trading Central tools, HYCM may be the preferable choice. In contrast, traders who value sentiment analysis tools might find Axi more suitable to their needs.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
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When comparing the educational resources available to beginners, both HYCM and Axi offer a solid selection of forex and CFD education, each having a library of over 10 educational pieces like articles and videos. HYCM stands out with its searchable archive of recorded webinars, making it easy for learners to revisit past sessions. However, HYCM does not hold monthly live webinars, which is an area where Axi takes the lead by offering regular live events to engage its clients.
In terms of beginner-focused content, both brokers provide over 10 videos geared towards newcomers to trading, ensuring a good starting point for those just entering the market. Both brokers have an investor dictionary featuring more than 50 investing terms, helping to build foundational knowledge. While neither broker excels in advanced educational video content, Axi's live webinars may offer additional value through interactive learning experiences. HYCM is rated at 3.5 stars out of 5 for education, compared to Axi's 3 stars, yet Axi holds a slightly higher rank overall at #27 out of 63 brokers in the education category, compared to HYCM's position at #32.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | 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 Axi. HYCM (Henyep Capital Markets) finished with an overall rank of #29, while Axi finished with an overall rank of #49.
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). That said, HYCM offers a narrow range of symbols to forex and CFD traders.
| Feature |
HYCM (Henyep Capital Markets)
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 82 |
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Both HYCM (Henyep Capital Markets) and Axi provide the ability to trade cryptocurrency derivatives, but neither offers the option to purchase actual delivered cryptocurrency.
Both HYCM (Henyep Capital Markets) and Axi provide options for depositing or withdrawing funds using Skrill, Visa, Mastercard, and bank wires, but neither supports ACH, SEPA transfers, or PayPal.
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) | Axi | |
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| Trust Score | 86 | 82 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | HYCM (Henyep Capital Markets) | Axi | |
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| Regulation | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Trust Score | 86 | 82 | |
| Year Founded | 1977 | 2007 | |
| 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 | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | 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 | No |
| Tier-2 Licenses (Trusted) | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1199 | 175 | |
| Forex Pairs (Total) | 70 | 65 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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) | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.6 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Minimum Deposit | $20 | $0 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | No |
| Research | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | HYCM (Henyep Capital Markets) | Axi | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | HYCM (Henyep Capital Markets) Review |
| Overall | HYCM (Henyep Capital Markets) | Axi | |
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| Trust Score | 86 | 82 | |
| Winner | check_circle | ||
| Review | HYCM (Henyep Capital Markets) Review |
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