We have compared HYCM (Henyep Capital Markets) and Purple Trading to see what the key differences are between these brokers.
Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.
Below is a comparison of HYCM (Henyep Capital Markets) VS Purple Trading
During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.
Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers HYCM (Henyep Capital Markets) vs Purple Trading?
At broker HYCM (Henyep Capital Markets) you can trade a total of 40 currency pairs, in total you can find over 86 instruments.
At broker Purple Trading you can trade a total of 59 of currency pairs, in total you will find over 0 instruments.
Broker HYCM (Henyep Capital Markets) provides
Broker Purple Trading offers trading platforms of type
MetaTrader 4 (MT4),
cTrader,
Web Platform.
Investments
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Currency Pairs (Total Forex pairs) |
40 |
59 |
| CFDs – Total Offered |
86 |
0 |
|
Options
CFD
|
No
|
No
|
|
Share CFDs
|
No
|
No
|
|
Forex
CFD
|
No
|
Yes
|
|
Commodities
CFD
|
Yes
|
Yes
|
|
ETF
CFD
|
No
|
Yes
|
|
Indicies
CFD
|
Yes
|
Yes
|
|
Cryptocurrency traded as actual
|
No
|
No
|
|
Cryptocurrency traded as CFD
|
No
|
Yes
|
| Real Stocks and ETFs |
No
|
Yes
|
| Investments rating |
25%
|
62%
|
| Winner |
|
|
Cost
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
|
Average Spread EUR/USD
* Spread is dated 02.01.2024 12:00, spread amount is subject to change.
|
1 |
0.3 |
| Deposit from |
100 |
100 |
| Account fee |
No
|
No
|
| Inactivity fee |
No
|
No
|
| Active Trader or VIP Discounts |
No
|
No
|
| Withdrawal fees |
No
|
No
|
| Deposit fees |
No
|
No
|
| Cost rating |
100%
|
100%
|
| Winner |
|
|
Trading Platforms
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Desktop Platform (Windows) |
No
|
No
|
| Web Platform |
No
|
Yes
|
| Social Trading / Copy-Trading |
No
|
No
|
| MetaTrader 4 (MT4) |
No
|
Yes
|
| MetaTrader 5 (MT5) |
No
|
No
|
| Currenex |
No
|
No
|
| cTrader |
Yes
|
Yes
|
| Trading Platforms rating |
100%
|
100%
|
| Winner |
|
|
Trading Tools
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Financial leverage |
No
|
No
|
| Virtual Trading (Demo) |
No
|
No
|
| Alerts – Basic Fields |
No
|
No
|
| Charting – Indicators / Studies (Total) |
No
|
No
|
| Charting – Drawing Tools (Total) |
No
|
No
|
| Charting – Trade From Chart |
No
|
No
|
| Stop-Loss |
No
|
No
|
| Finacial Calendar |
No
|
No
|
| Daily financial news |
No
|
No
|
| Order Type – Trailing Stop |
No
|
No
|
| Trading Tools rating |
0%
|
0%
|
| Winner |
|
|
Mobile Trading
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Android App |
No
|
No
|
| Apple iOS App |
No
|
No
|
| Alerts – Basic Fields |
No
|
No
|
| SMS alerts |
No
|
No
|
| Mobile Trading |
No
|
No
|
| Mobile Trading rating |
0%
|
0%
|
| Winner |
|
|
Research
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Daily Market Commentary |
No
|
No
|
| Forex News (Top-Tier Sources) |
No
|
No
|
| Weekly Webinars |
No
|
No
|
| Social Sentiment – Currency Pairs |
No
|
No
|
| Economic Calendar |
No
|
No
|
| Research |
No
|
No
|
| Research rating |
0%
|
0%
|
| Winner |
|
|
Education
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Has Education – Forex |
No
|
No
|
| Has Education – CFDs |
No
|
No
|
| Client Webinars |
No
|
No
|
| Videos – Advanced Trading Videos |
No
|
No
|
| Investor Dictionary (Glossary) |
No
|
No
|
| Education |
No
|
No
|
| Education rating |
0%
|
0%
|
| Winner |
|
|
Major Forex Pairs
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| GBP/USD |
No
|
No
|
| USD/JPY |
No
|
No
|
| EUR/USD |
No
|
No
|
| USD/CHF |
No
|
No
|
| USD/CAD |
No
|
No
|
| NZD/USD |
No
|
No
|
| AUD/USD |
No
|
No
|
| Major Forex Pairs rating |
0%
|
0%
|
| Winner |
|
|
Commodities
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Gold |
No
|
No
|
| Silver |
No
|
No
|
| WIT Oil |
No
|
No
|
| Brent Oil |
No
|
No
|
| Coffee |
No
|
No
|
| Cocoa |
No
|
No
|
| Soybeans |
No
|
No
|
| Rice |
No
|
No
|
| Corn |
No
|
No
|
| Platinum |
No
|
No
|
| Palladium |
No
|
No
|
| Commodities rating |
0%
|
0%
|
| Winner |
|
|
Indices
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| DAX 30 |
No
|
No
|
| S&P 500 |
No
|
No
|
| Nasdaq |
No
|
No
|
| Dow Jones |
No
|
No
|
| Nikkei |
No
|
No
|
| Indices rating |
0%
|
0%
|
| Winner |
|
|
Cryptocurrencies
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Bitcoin |
No
|
No
|
| Litecoin |
No
|
No
|
| Ethereum |
No
|
No
|
| Ripple |
No
|
No
|
| Neo |
No
|
No
|
| Stellar |
No
|
No
|
| Cardano |
No
|
No
|
| Tron |
No
|
No
|
| Monero |
No
|
No
|
| EOS |
No
|
No
|
| Cryptocurrencies rating |
0%
|
0%
|
| Winner |
|
|
Regulations
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Cysec |
Yes
|
Yes
|
| ASIC (Australia) |
No
|
No
|
| FCA (UK) |
Yes
|
Yes
|
| Authorised in the European Union (EU) |
No
|
Yes
|
| CFTC Registered (USA) |
No
|
No
|
| FINMA (Switzerland) |
No
|
No
|
| Regulations rating |
33%
|
50%
|
| Winner |
|
|
Support
| # |
HYCM (Henyep Capital Markets) |
Purple Trading |
| Chat |
Yes
|
No
|
| Phone |
Yes
|
Yes
|
| Mail |
Yes
|
Yes
|
| Support rating |
100%
|
67%
|
| Winner |
|
|
Overall
