B

Bell Potter Securities

8.1/10

henyep

6.4/10
8/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bell Potter Securities was founded in 2015 and is headquartered in Austrailia, while henyep was established in 2010 and is based in Cyprus. Bell Potter Securities holds licences including Australian Securities and Investment Commission (ASIC), while henyep is regulated by Financial Conduct Authority (FCA) among others. Bell Potter Securities serves 10,000+ clients worldwide; henyep has 10,000+. The minimum deposit is $5 at Bell Potter Securities and $250 at henyep.

Bell Potter Securities wins this category
FeatureBell Potter Securitieshenyep
Min. Deposit$5$250
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F253
Founded20152010
CountryAustrailiaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bell Potter Securities and henyep, directly affecting your bottom line as a trader. henyep has a lower barrier to entry with a minimum deposit of $250 (vs $5 at Bell Potter Securities). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Bell Potter Securities scores higher on fees in our assessment.

Bell Potter Securities wins this category
FeatureBell Potter Securitieshenyep
Min. Deposit$5$250
Withdrawal FeesNoNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Bell Potter Securities offers MT4, MT5, cTrader, while henyep supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. henyep supports social and copy trading features, which Bell Potter Securities does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureBell Potter Securitieshenyep
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMetaTrader 4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bell Potter Securities and henyep compare. Bell Potter Securities runs regular live webinars; henyep does not. Bell Potter Securities has a video library; henyep does not. Bell Potter Securities publishes daily market commentary; henyep does not. Bell Potter Securities integrates third-party research tools (Trading Central, Autochartist); henyep does not. Bell Potter Securities maintains an archive of past webinars for on-demand viewing. Bell Potter Securities scores higher overall in education and research.

Bell Potter Securities wins this category
FeatureBell Potter Securitieshenyep
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bell Potter Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while henyep supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). henyep uniquely supports PayPal and Skrill and Neteller among the two brokers. henyep scores higher on deposit and withdrawal flexibility.

henyep wins this category
FeatureBell Potter Securitieshenyep
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bell Potter Securities and henyep offer live chat support. Both provide phone support. Email support is available at both brokers. Bell Potter Securities supports 2 languages and henyep supports 8, giving henyep broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBell Potter Securitieshenyep
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic