Henyep review
Henyep is a Multi-Assets Trading Platform with over 134+ Assets
Henyep is a multi asset platform with 134+ tradable Assets. Assets available on Henyep include Forex trading, CFD trading, Spread Betting, Share Dealing.
Henyep trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Share Dealing are considered financial assets.
Features of Henyep
- Virtual Portfolio, or what is commonly known as a Demo Account
- Henyep offers Advanced Financial Chart comparison tools
- Henyep offers Research-backed analysis on financial markets and investments from top analysts
- The Henyep platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- Henyep offers a trading platform with tools for both New Traders and Seasoned Experts
- Henyep users benefit from using the Henyep platform in over 15 different languages
Henyep review
What you should know
Henyep offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing. The assets and products available to you on the Henyep trading platform depends on the region of the world, you are in and the Henyep entity you have an account.
With Henyep you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Henyep platform.
Henyep are able to accommodate various levels of traders whether you are experienced or a beginner.
Are Henyep safe?
When considering Henyep for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Henyep, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years Henyep have a head office in UK.
Henyep is regulated. This means Henyep are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.
Henyep withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Henyep are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Henyep are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Henyep and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Henyep has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, Henyep will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Henyep, you can enjoy peace of mind and focus on your trading activities. If Henyep violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with Henyep?
All payments made to Henyep by traders are securely held in a segregated bank account.
Henyep uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should Henyep use them?
Henyep partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Henyep clients' funds.
Henyep clients can have greater confidence in their financial security when working with a Tier 1 bank because Henyep are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in Henyep deposited in a Tier 1 bank?
Depositing funds with Henyep ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Henyep were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that Henyep is a secure and safe platform.
Please be aware that trading in financial assets with Henyep carries a risk of loss. Henyep trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
Henyep emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about Henyep, let's closely examine its features.
To better understand the Henyep trading platform, you can create two separate accounts - one with real money and the other a Henyep demo account. A Henyep demo account provides a risk-free environment for experimenting with the Henyep platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Henyep trading decisions.
Open a demo account Visit Henyep
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Henyep as a Company Compare Against Other Brokers
Broker | henyep | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | UK | Australia | Belize | Cyprus, UK |
Regulation | Financial Conduct Authority (FCA) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ Henyep users | 180,000+ IC Markets users | 1,000,000+ Roboforex users | 30,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit Henyep | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
Henyep review
Henyep Pros and Cons
Henyep review
Henyep Regulation and Licensing in more detail
Henyep is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Henyep going into insolvency. Henyep compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Henyep to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Henyep traders.
Henyep is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Henyep you should be sure they're legitimate online agent.
Is Henyep Global?
Yes, Henyep is global as Henyep is available in over 194 countries.
Henyep is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries Henyep covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. Henyep has a total of more than 10,000 users.
Henyep review
Henyep Fees Explained
- Henyep withdrawal fees varies on payment method
- Henyep does charge a fee for inactive accounts.
- Henyep does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Henyep are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
Henyep Costs To Check
Modern brokers like Henyep provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Henyep may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Henyep trading profitability.
How Henyep Fees Compare Against Other Brokers
Broker | henyep | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 100 | 200 | 10 | 100 |
Withdrawal Fees | varies | No | Yes | Yes |
Inactivity Fees | No | No | Yes | |
Deposit Fees | Varies | No | No | |
CFD Commission Fees | Yes | No | Yes |
Henyep Minimum Deposit
Henyep requires a minimum deposit of 100 GBP/USD/EUR when opening an Henyep trading account.
A minimum deposit is the minimum amount of money required by Henyep to open a new online brokerage account with them.
Don't be scared off by brokers like Henyep charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like Henyep, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
Henyep Withdrawal Fees
The fees for withdrawing funds from your Henyep account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Henyep withdrawal request is important.
Henyep Withdrawal rules may vary across different brokers when it comes to transferring funds from your Henyep or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Henyep may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the Henyep withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Henyep. Researching and comparing Henyep withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Henyep funds frequently or dealing with large sums of money. Awareness of these Henyep fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Henyep funds.
For example, Henyep allows you to withdraw your funds to Skrill, Neteller.
Henyep Inactivity Fees
Henyep does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Henyep terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all Henyep fees and services. It's recommended that you check the Henyep website before signing up. If you decide to close your Henyep account, it's important to do so with the Henyep broker customer support and obtain confirmation that no remaining Henyep fees are due.
Brokers like Henyep must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
Henyep Deposit Fees
Henyep do charge deposit fees.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
Henyep Commission Fees
Henyep does charge commission on CFD instruments.
Brokerage firms like Henyep may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Henyep trading account level held by the trader.
Henyep may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Henyep terms and conditions to understand the commission fees and any other charges that may apply is essential.
Henyep review
What can you trade with Henyep?
It's essential to note that the trading instruments offered under the Henyep brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Henyep trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with Henyep over 134 instruments in fact.
If you want to trade currency pairs on global Forex markets, Henyep offer over currency pairs.
Henyep Compared To Other Brokers
Compare Henyep with IC Markets and Roboforex below.
How Henyep Trading Options Compare Against Other Brokers
Broker | henyep | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 134 | 2250 | 100 | 5000 |
Platforms | MT4, MT4 PC, MT4 Mac, | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Henyep
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider. |
Henyep review
Trading on Henyep web platforms and other applications
Henyep offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
A Henyep iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
Henyep also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See Henyep's platformsIs the Henyep Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the Henyep trading platform to protect you on PC and mobile Henyep platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Henyep web trading platforms.
Henyep Trading Platform Options
After logging into your Henyep account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that Henyep does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
Henyep does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options Henyep gives you.
Henyep review
Henyep MetaTrader 4 (MT4)
Henyep MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Henyep offers traders comprehensive features and tools to enhance their trading performance. The Henyep MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Henyep platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Henyep traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Henyep traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Henyep trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Henyep MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Henyep, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Henyep MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Henyep allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with Henyep in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Henyep MetaTrader 4 is compatible with the latest macOS. Henyep allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on Henyep
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade Henyep MetaTrader 4 on iOS Devices
You can download the Henyep app or trade with Henyep through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Henyep customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade Henyep MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and Henyep offers its clients access to the MetaTrader 4 platform on these devices. With the Henyep MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Henyep traders to stay on top of their trades and react quickly to changes in the market. With the Henyep MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade Henyep MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on Henyep are a powerful bundle of three major indicators designed to help traders make informed decisions. Henyep MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help Henyep traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Henyep traders to potentially stay one step ahead.
Henyep MetaTrader 4 Advanced Trading Tools
The Henyep MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Henyep traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Henyep provides traders with everything they need to succeed. The Henyep MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Henyep traders to analyze the market at any level of complexity.
Trade Henyep MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
Henyep MetaTrader 4 AutoChartist
Autochartist on the Henyep platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for Henyep MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, Henyep traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Henyep users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Henyep traders can navigate the platform and find the information they need to make informed trading decisions.
Henyep Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Henyep traders of all experience levels.
Henyep Trading benefits
- Henyep Low min deposit
Henyep Trading Accounts Offered
Below we give an overview of the account types that Henyep offer. Whatever you are looking to trade, the varying Henyep account types will be able to provide you with what you need.
- Henyep Demo account
- Henyep Standard account
- Henyep Islamic account
Can I try Henyep?
Henyep provides a demo account that enables individuals to explore trading before investing their funds. By creating a Henyep practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Henyep demo account can help individuals to make informed decisions before investing their money.
Open a demo Henyep account to practice and trade.
Your capital is at risk
Henyep withdrawal and funding methods
It's essential to remember that the payment methods provided by Henyep vary based on the Henyep entity and the Henyep client's country of residence. To view the Henyep payment options available, you can log into your Henyep member's area.
Henyep offers various funding payment methods listed in your Henyep dashboard if available in your region. To learn more about the Henyep funding and withdrawal options available in your area, you can explore the Henyep website.
Henyep provides several payment methods for funding your Henyep account. You may utilize any of these deposit options if they are available in your region. Henyep ensures that users have multiple payment methods to choose from, making it more convenient for verified Henyep account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Henyep user's location. learn more about Henyep funding and withdrawal methods.Henyep Payment Methods
Some Henyep payment methods are local and are available only to specific regions. Henyep account holders should check which payment methods are provided in your region.- Henyep accepts Skrill
- Henyep accepts Neteller
Broker | henyep | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | No | Yes | Yes | Yes |
Paypal | No | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | No | Yes | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available Henyep and other broker payment methods depend on the clients country of residence.
How can I start trading with Henyep?
To open a trading account with Henyep, individuals can sign up on the Henyep website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for Henyep account validation and making a deposit. Once completed, Henyep users can download the trading platform of their choice.
It's important to note that Henyep requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Henyep maintain a trustworthy financial environment for its 10,000 users. Detailed information on the Henyep trading platforms is available on their website.
Your capital is at risk
Performing trades with Henyep
When using Henyep, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Henyep have a max trade of varies.
Henyep, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like Henyep can be useful for traders starting or with limited capital.
Like other brokers, Henyep margin requirements can differ depending on the traded instrument.
CFD Trading on Henyep
We will show you an example of the basics of using Henyep leverage.
CFD trading on Henyep allows traders to speculate on the price movements of various financial instruments against the broker Henyep, without actually owning real assets. With CFDs, Henyep traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
Henyep provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, Henyep leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Henyep trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Henyep leverage magnifies both profits and losses in trading.
Trading CFD trades on the Henyep platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced Henyep traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education Resources at Henyep
To trade effectively with Henyep, it's important to have a good understanding of the Henyep trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Henyep and externally.
Henyep . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Henyep. Familiarizing yourself with the Henyep trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using Henyep. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Henyep involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like Henyep, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with Henyep. Explore the Henyep platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Henyep, before live trading.
Customer Support at Henyep
As part of our Henyep review, we review customer service options, response times and problem resolution effectiveness on the Henyep trading platform. The Henyep trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Henyep Available Support Types
Henyep has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.
Henyep customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.
Your customer service experience with Henyep has to be positive for you to effectively trade the financial markets on the Henyep platform. Henyep should answer all of your questions and your Henyep platform issues are solved. When an Henyep customer has any queries regarding Henyep, the Henyep customer support team should take these issues seriously and offer a quick and effective solution. Henyep has a great client support team, so we have rated their customer service highly.
Livechat Support at Henyep
We experienced fast and responsive support from Henyep
At Henyep, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from Henyep should be a positive support experience for all Henyep users, saving you from waiting days for an email response.
We also tested communicating with Henyep support in various languages and countries. The Henyep help centre quickly resolved our customer issues.
Email Support at Henyep
As part of our review process, we wanted to test the email support offered by Henyep. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows Henyep has excellent email support overall.
The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by Henyep. If you're looking for a broker with reliable email support, Henyep is worth considering.
Phone Support at Henyep
Our experience with Henyep phone support was positive. When we called, the team answered our call promptly, in less than a minute.
During the call, we tested the multilingual Henyep team by speaking in different languages, and they made an effort to answer our queries in each language.
The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from Henyep good.
See how Henyep Support Compares Against Other Brokers
Broker | henyep | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit Henyep | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with Henyep
As Henyep is regulated by Financial Conduct Authority (FCA).
As a new client of Henyep, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Henyep in your region. During the Henyep account opening process, you will be asked to provide Henyep with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with Henyep have the following documents available.
- Henyep require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for Henyep compliance. This must be dated within the last six months.
- If you plan to fund your Henyep account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Henyep platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under Henyep Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Henyep's platform.
However, remember that you won't be able to make trades on Henyep until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Henyep KYC compliance process as soon as possible to avoid any delays in accessing the Henyep platform's features.
It is important to note that Henyep may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Henyep platform and features immediately. However, you must pass the verification process to start live trading with Henyep, which can take up to a few business days.
To start the process of opening an account with Henyep you can visit the Henyep trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.henyep.com/ on March 26, 2024.
Is Henyep A Good Broker?
We have spent over 5 years examining Henyep in depth. Although we found some very useful aspects of the Henyep platform that would be useful to some traders. We feel that a alternative to Henyep may better suit you.
- Henyep have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
- Henyep has a history of over 16 years.
- Henyep has a reasonable sized customer support of at least 10.
- Henyep are regulated by the Financial Conduct Authority (FCA). Henyep is subject to strict regulatory oversight from its respective jurisdiction, which holds Henyep (the broker) accountable for misconduct. This regulatory framework helps ensure that Henyep operates fairly and transparently and provides Henyep customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Henyep.
- Henyep have regulation from reputable regulators.
- One of the advantages of using Henyep is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Henyep are particularly important as Henyep traders want to receive their money quickly. With the efficient Henyep payment processing system, traders can enjoy faster access to their Henyep funds.
- Henyep have an international presence in multiple countries. Including local Henyep seminars and training.
- Henyep can hire people from various locations in the world who can better communicate in your local language.
Henyep Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
Henyep not quite right?
If after reading this Henyep review, Henyep does not fulfill your needs check out these Henyep Alternatives.
Click here to view the best Henyep Alternatives
We have spent years researching the best alternatives to Henyep. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective Henyep alternatives available today. If you are unsatisfied with Henyep or want to explore other options, we recommend checking out our carefully curated list of highly-rated Henyep alternatives. Follow the links below to learn more about these Henyep broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
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Related Henyep Vs Comparisons
Throughout our comprehensive Henyep review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing Henyep against other popular brokers in the industry, check out our Henyep Vs pages. Our team has compiled a series of detailed Henyep comparison articles, pitting the Henyep platform against some of the best-rated Henyep competitors in the market. Dive into our informative Henyep Vs pages below to find out how Henyep stacks up against other leading brokers.
- Henyep vs ICMarkets
- Henyep vs Roboforex
- Henyep vs eToro
- Henyep vs XTB
- Henyep vs XM
- Henyep vs Pepperstone
- Henyep vs AvaTrade
- Henyep vs FPMarkets
- Henyep vs NordFX
- Henyep vs easyMarkets
- Henyep vs SpreadEx
- Henyep vs FxPro
- Henyep vs Plus500
- Henyep vs AdmiralMarkets
- Henyep vs ThinkMarkets
- Henyep vs FXPrimus
- Henyep vs Trading212
- Henyep vs ForexMart
- Henyep vs Eightcap
- Henyep vs ForTrade
- Henyep vs InteractiveBrokers
- Henyep vs Forex.com
- Henyep vs IG
- Henyep vs Robinhood
- Henyep vs Coinbase
- Henyep vs Binance
- Henyep vs ETXCapital
- Henyep vs CoreSpreads
Henyep review
HENYEP Frequently Asked Questions
Read our detailed Henyep FAQ Section updated for 2024.
Can I try Henyep?
Henyep offer a demo account so you can try the Henyep platform with virtual trading before you put down a payment. Virtual trading with Henyep is zero risk. Learn more here
What funding methods do Henyep accept?
Please note that the list of payment methods below depends on the Henyep Entity and the client's Country of Residence.
Henyep offer the following funding payment methods Skrill, Neteller, among other payment methods.
Learn more here
Is Henyep safe?
Henyep have over 10,000 users. Henyep are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to Henyep accounts by traders are held in a segregated bank account. For added security,Henyep use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Henyep is risky, and because the market is so volatile, losses could happen at any time. Do not invest with Henyep unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is Henyep trading good?
Henyep is considered good and reputable to trade with Henyep. Henyep is used by over 10,000 traders and Henyep users. Henyep offers Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with Henyep is 100.
Is Henyep trading Legit?
Henyep was founded in UK in 2008. Henyep has been facilitating trade on the financial markets for over 16 years. Henyep offers clients Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. All funds deposited to Henyep are held in segregated bank accounts for security. Henyep is regulated by Financial Conduct Authority (FCA) so can be considered legit.
Is Henyep a good broker?
Henyep allows Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Henyep is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.
Is Henyep trustworthy broker?
Henyep is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Henyep, money is in a segregated bank account that is separate from Henyep company's funds. As a regulated broker, Henyep cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Henyep. Instead, your Henyep funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Henyep. Also Henyep is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA).
What is the minimum deposit for Henyep?
The minimum deposit to trade with Henyep is 100.
How long do Henyep withdrawals take?
Withdrawing money from Henyep processing time varies depending on the method but averages 1-5 days.
Is Henyep regulated?
Henyep is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of Henyep maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is Henyep a market maker?
Henyep is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with Henyep?
When opening a trading account with Henyep, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Henyep trading platforms, you can follow the link provided below: Learn more about signing up with the Henyep trading platform here. This will provide useful information and insights into the various trading platforms offered by Henyep, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with Henyep?
Yes your money is safe with Henyep.
Overall, strict financial regulation is essential for ensuring that trading platforms like Henyep operate fairly, transparently, and responsibly, which ultimately benefits all Henyep stakeholders involved.
Trading platforms like Henyep must have strict financial regulation for several reasons:
- Protecting Henyep Investors: Strict financial regulation ensures that investors who use the Henyep trading platform are protected against fraudulent or unethical behavior by the Henyep platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Henyep platform.
- Maintaining Henyep Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Henyep trading platform. Regulatory procedures reduce the likelihood of the Henyep platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing Henyep Transparency: Regulations require trading platforms like Henyep to maintain detailed records and disclose Henyep client information. Financial regulatory requirements enhances transparency and helps to build trust between the Henyep platform and its investors.
Henyep is regulated by the Financial Conduct Authority (FCA). When selecting a broker such as Henyep, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Henyep ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Henyep.
Is Henyep a con?
Henyep is regulated and well established, having been in business for over 16 years. Henyep is not a con.
Can you make money with Henyep?
Although traders have had great success with Henyep, trading on the financial markets with Henyep is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Henyep have fees?
Henyep withdrawal fees vary on payment method.Henyep does charge a fee for inactive accounts. Henyep do charge deposit fees.
When was Henyep founded?
Henyep was founded in 2008.
How many people use Henyep?
Henyep is used by over 10,000 registered Henyep users.
What is Henyep Headquarters country?
Henyep has its head quarters office in UK .
Does Henyep offer negative balance protection?
Henyep does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does Henyep offer guaranteed stop loss?
Henyep does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Henyep allow scalping?
Henyep does not offer scalping.
Does Henyep allow hedging?
Henyep does not offer hedging.
Does Henyep offer CFD trading?
Henyep offers CFD trading.
Does Henyep offer STP?
Henyep does not offer STP trading.
How many people use Henyep?
Henyep is used by over 10000 Henyep users and traders.
Is Henyep an ECN broker?
Henyep does not offer ECN trading.
Does Henyep offer a demo account?
Henyep offers a demo account.
Does Henyep offer an Islamic account?
Henyep offers an Islamic account.
What are the funding methods for Henyep?
Please note that funding methods and options available with Henyep can be found in the Henyep Members area and depend on the Henyep client’s country of residence. Please check your specific available payment methods on the Henyep website. Henyep accept the following funding methods : Skrill, Neteller.