Henyep Review 2020

Henyep Rated 3/5
Henyep have a low rating. We recommend you look at one of their alternative brokers.
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Henyep Guide

Henyep are an online broker founded in 2008 offering Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading.

Henyep are a global broker and have multiple offices around the world including a head office in UK.

Henyep have a listed stock symbol. This means that Henyep have publically listed and you can officially buy shares in Henyep on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Henyep we break down the pros and cons. What Henyep are able to offer, what countries Henyep are available in. Who Henyep are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Henyep

  • Regulated by: Financial Conduct Authority (FCA)
  • Headquarters Country : UK
  • Foundation year 2008
  • Min Deposit : 100
  • Used by over 10,000 traders
  • Henyep is not available in the following countries :
Open Henyep's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Henyep

With this review we hope to help you see if Henyep is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Henyep that will help you get off to a good start in the world of online trading.

Henyep Review Table of Contents

Henyep what you should know

Henyep offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing.

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 choosing a broker like Henyep the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 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.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Henyep, this will be honored. If Henyep violate any regulatory rules their regulated status could be stripped.

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 banks financial health and strength.

Try creating two accounts when you are working with Henyep. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Henyep

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker henyep XTB eToro Pepperstone
Year Established 2008 2002 2006 2010
Head Office UK Poland Cyprus, UK Australia
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 10,000+ 250,000+ 10,000+ 10,000+
Negative balance protection Yes No Yes
Guaranteed Stop Loss Yes No No
Learn More Visit Henyep Visit XTB Visit eToro Visit Pepperstone
Risk Warning Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Henyep Pros and Cons

What we like about Henyep

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $100

What we don't like about Henyep

Henyep Financial Regulation and Supervision in more detail

We have checked and Henyep is regulated and supervised by reputable organisations. You are able to check every Henyep supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Henyep. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Henyep traders and provide a safe trading environment.

Henyep is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Henyep you should be sure they're legitimate online agent.

Henyep General Fees

  • Henyep withdrawal fees varies on payment method
  • Henyep does charge inactivity fees
  • Henyep does charge deposit fees
Broker henyep XTB eToro Pepperstone
Min Deposit 100 0 200 200
Withdrawl Fees varies varies Yes No
Inactivity Fees No Yes Yes
Deposit Fees No No No
CFD Commission Fees Yes No Yes

Henyep Commissions

  • Henyep does charge commission on CFD instruments.

What can you trade with Henyep?

You can trade a wide variety of instruments with Henyep over 134 instruments infact.

If you are looking at trading currency pairs Henyep offer over currency pairs.

Compare Henyep with XTB and eToro below.

Your capital is at risk

Broker henyep XTB eToro Pepperstone
Instruments Available 134 1,500 100 100
Platforms MT4, MT4 PC, MT4 Mac, MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit Henyep Visit XTB Visit eToro Visit Pepperstone
Forex pairs offered 50 50 70
Major forex pairs Yes Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Henyep Visit XTB Visit eToro Visit Pepperstone
Commodities Offered 0 21 0 16
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes No
Indiced & Stock CFDs Visit Henyep Visit XTB Visit eToro Visit Pepperstone
Stocks Offered 1696 957 60
UK Shares Yes Yes Yes No
US Shares No Yes Yes No
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes No

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.

An 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, making it easier to keep an eye on and execute your trades while you’re on the move.

See henyep's platforms

Henyep Trading benefits :

  • Low min deposit

Henyep Trading Accounts Offered :

  • Demo account
  • Standard account
  • Islamic account

Can I try Henyep before I buy?

Henyep offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Henyep withdrawl and funding methods.

Henyep offer the below funding payment methods. learn more about Henyep

  • Skrill
  • Neteller
Broker henyep XTB eToro Pepperstone
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes Yes Yes
Neteller Yes Yes Yes Yes

How can I start trading with Henyep?

When opening a trading account with Henyep, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Henyep trading platforms here.

Performing trades with Henyep

Henyep allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Henyep allow you to execute a maxium trade of varies.

As a market maker, Henyep may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Henyep Leverage and Henyep CFDs Explained

let's take a look at some of the basics of using Henyep leverage.

Henyep offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Henyep leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Henyep trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Henyep leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Henyep CFDs are typically used for short to medium term trades. For example Henyep intraday trading.

Education resources at Henyep

To trade effectively with Henyep, it's important to get a have a good understanding of the XTB trading tools and the markets.

Henyep offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Henyep.

Take time to look around the Henyep platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Henyep

Henyep support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Henyep have a triple AAA grade support rating because they offer a wide range of languages, live chat, email and phone support.

Henyep customer service support multiple languages from all over the world. Having a broker that can hire people from various locations in the world who can better communicate with you in your local language is a huge advantage well trying to deal with issues.

Livechat Support at Henyep

We tested the Henyep live chat and it works well. We sent messages to Henyep livechat through their app and website and recieved a response within 3 minutes.

We tested communicating with Henyep support in multiple languages in multiple countries. Henyep where able to quickly resolve our customer issues.

Email Support at Henyep

We sent several emails to Henyep and answer times overall were excellent. The fastest response from Henyep was less than 2 minutes and the slowest response was 3 hours. Support response times may vary for you with Henyep, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Henyep.

Phone Support at Henyep

We called Henyep and the call was answered very quickly. The call was answered in less than 1 minutes.

The Henyep phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Henyep team by calling in varying languages. Henyep made an effort to make sure our queries were answered.

Overall great phone support from Henyep.

See how Henyep Support Compares Against Other Brokers

Broker henyep XTB eToro Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, German, Spanish, French, and Italian English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit Henyep Visit XTB Visit eToro Visit Pepperstone
Risk Warning Your capital is at risk Your capital is at risk 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with Henyep

As Henyep is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Henyep's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Henyep you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from http://www.henyep.com/ on 12th August 2018.

Is Henyep A Good Broker?

We spent over 3 months examining Henyep in depth. Although we found some very useful aspects of the Henyep platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Henyep broker.

  • Henyep have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
  • Henyep has a history of over 42 years.
  • Henyep has a reasonable sized client support call center of at least 10.
  • Henyep are regulated by Financial Conduct Authority (FCA). This means Henyep fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Henyep have regulation from a Tier 1 reputable country.
  • Henyep has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Henyep have an international presence in multiple countries. This includes local Henyep seminars and training.
  • Henyep are able to hire people from various locations in the world who can better communicate in your local language.

Henyep Risk Disclaimer

Your capital is at risk

Henyep not quite right?

Check out these Henyep Alternatives

We have spent years researching the best alternatives to Henyep. Click the links below to learn more.

If you feel some of the above Henyep are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Henyep alternatives below.

Related Henyep Comparisons

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HENYEP Frequently Asked Questions

Can I try Henyep before I buy?

Henyep offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Henyep accept?

Henyep offer the following funding payment methodsSkrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is Henyep safe?

Henyep are considered safe 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 banks financial health and strength.

Is Henyep trading good?

Henyep is considered good and reputable to trade with. HenyepHenyep is used by over Henyep active traders. Henyep offers Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with Henyep is mindeposit.

Is Henyep trading Legit?

Henyep was founded in UK in 2008. Henyep has been facilitating trade on the financial markets for over 12 years. Henyep offers clients Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading. All funds deposited to Henyep are held in segregated tier 1 bank accounts for security. Henyep is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is Henyep a good broker?

Henyep is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.Henyep allows Forex trading trading, CFD trading trading, Spread Betting trading, and Share Dealing trading.

Is Henyep trustworthy broker?

Henyep can be considered trustworthy. All money funded to Henyep is placed into a segregated tier 1 bank account. this means your money in not held by Henyep directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Henyep is regulated by 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 but averages 2-5 days.

Is Henyep regulated?

Henyep is regulated by Financial Conduct Authority (FCA).

Is Henyep a market maker?

Henyep is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer 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. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Henyep trading platforms here.

Is my money safe with Henyep?

Henyep is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like Henyep is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Henyep, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Henyep a con?

Henyep is regulated and well established having been in business for over 12 years. Henyep is definitely 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 varies on payment method. Henyep does charge inactivity fees. Henyep does charge deposit fees.

When was Henyep founded?

Henyep was founded in 2008.

How many people use Henyep?

Henyep is used by over 10000 registered traders.

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 means 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 guarenteed to close your trade at your specified price.

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 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 a Islamic accounts.

What are the funding methods for Henyep?

Henyep accept the following funding methods : Skrill, Neteller,

Henyep review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Henyep brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Henyep review written by Mark Hansen of Comparebrokers.co