HYCM vs Admiral Markets – Detailed Comparison of 2 Trusted Forex Brokers in 2025
In the world of Forex and CFD trading, choosing a reliable, transparent broker that aligns with your personal strategy plays a crucial role. Two standout names today are HYCM (Henyep Capital Markets) and Admiral Markets.
Both have a long history of operation, are licensed by reputable financial regulators, and serve hundreds of thousands of traders worldwide. However, there are notable differences between HYCM and Admiral Markets in terms of products, costs, platforms, and customer support. TrueFX Review will analyze these in detail to help you pick the most suitable broker in 2025.
🌐 Introduction to HYCM
HYCM (Henyep Capital Markets) is one of the oldest brokers in the Forex industry, founded in 1977. The broker is part of the Henyep Group, headquartered in London, and operates in multiple countries.
Licensing & Regulation: HYCM is licensed by the FCA (UK), CySEC (Cyprus), and CIMA (Cayman Islands) – top-tier regulators ensuring transparency and safety.
Trading Instruments: Over 300 financial instruments including Forex, indices, commodities, stock CFDs, and precious metals.
Platforms: Supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), making it easy for traders to perform technical analysis, use Expert Advisors (EAs), and automate trading.
Costs & Spreads: Multiple account types – Fixed, Classic, and Raw. Spreads from 0.1 pip on Raw accounts with low commissions.
Leverage: Up to 1:500 (depending on region), suitable for traders who want to optimize capital.
Customer Support: Available 24/5, multilingual, with Vietnamese support.
👉 With over 40 years of experience, HYCM is a reliable choice, especially for traders who value stability and transparency.
🌐 Introduction to Admiral Markets
Admiral Markets (now rebranded as Admirals) was founded in 2001 in Estonia and is a well-known international broker in Europe.
Licensing & Regulation: Admiral Markets is regulated by the FCA (UK), CySEC (Cyprus), ASIC (Australia), and EFSA (Estonia). This strong regulatory framework makes it a safe choice.
Trading Instruments: Over 4,000 financial instruments including Forex, stock CFDs, ETFs, commodities, indices, and cryptocurrencies.
Platforms: In addition to MT4 and MT5, Admirals offers exclusive tools like MetaTrader Supreme Edition, enhancing technical analysis and trading performance.
Costs & Spreads: Spreads start from 0.0 pip on Zero.MT4/MT5 accounts, with commissions from $1.8 per lot.
Leverage: Up to 1:500 for international clients, with a cap of 1:30 for EU traders.
Customer Support: Available 24/5, with an education hub (Admirals Academy) offering free courses and webinars.
👉 Admiral Markets stands out for its broad range of products, making it a great choice for traders interested in diversifying beyond Forex into stocks, ETFs, and crypto.
⚖️ Comparison: HYCM vs Admiral Markets
| Criteria | HYCM | Admiral Markets |
|---|---|---|
| Founded | 1977 | 2001 |
| Regulation | FCA, CySEC, CIMA | FCA, CySEC, ASIC, EFSA |
| Trading Products | 300+ (Forex, stock CFDs, commodities, metals) | 4,000+ (Forex, stocks, ETFs, crypto, commodities) |
| Platforms | MT4, MT5 | MT4, MT5, MetaTrader Supreme Edition |
| Spreads | From 0.1 pip (Raw) | From 0.0 pip (Zero Accounts) |
| Commissions | On Raw accounts | On Zero.MT4/MT5 accounts, low |
| Max Leverage | 1:500 | 1:500 (international), 1:30 (EU) |
| Customer Support | 24/5, multilingual | 24/5, plus free educational hub |
| Best for | Traditional Forex traders, stable costs | Traders wanting broad portfolios & extra tools |
Pros and Cons
Pros of HYCM
- Long history, highly reputable.
- Competitive spreads and multiple account types.
- Reliable MT4/MT5 platforms.
- Strong customer support, including Vietnamese.
Cons of HYCM
- Fewer instruments compared to Admirals.
- No proprietary platform.
Pros of Admiral Markets
- Wide range of instruments (4,000+).
- Globally regulated, high safety standards.
- Exclusive MetaTrader Supreme Edition add-ons.
- Free educational resources and webinars.
Cons of Admiral Markets
- Spreads may be higher on some accounts.
- EU clients face leverage restrictions.
Which Should You Choose?
👉 Choose HYCM if you prefer a long-established, highly reputable broker with low trading costs, focusing on Forex and basic CFDs. HYCM is ideal for traders who value stability and fast execution.
👉 Choose Admiral Markets if you want access to a broad portfolio (Forex + stocks + ETFs + crypto), advanced trading tools, and free learning resources. Admirals appeals to traders seeking diversification and education support.
📌 Both brokers are trustworthy, but the decision depends on your trading goals and strategies. In 2025, HYCM and Admiral Markets remain top-tier brokers with strong licenses, robust platforms, and professional services. While HYCM suits traditional traders who favor simplicity, Admiral Markets attracts those wanting variety and modern tools.
👉 TIPs: Open demo accounts at both HYCM and Admiral Markets to test execution speed, spreads, and platform features before committing real funds.
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