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Circle Markets logo

Circle Markets

6.3/10

henyep

6.4/10
4/10RegulationWinner10/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Circle Markets was founded in 2007 and is headquartered in New Zealand, while henyep was established in 2010 and is based in Cyprus. Circle Markets holds licences including Financial Industry Regulatory Authority (FINRA), while henyep is regulated by Financial Conduct Authority (FCA) among others. Circle Markets serves 10,000+ clients worldwide; henyep has 10,000+. The minimum deposit is $100 at Circle Markets and $250 at henyep.

henyep wins this category
FeatureCircle Marketshenyep
Min. Deposit$100$250
RegulationFinancial Industry Regulatory Authority (FINRA)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
Founded20072010
CountryNew ZealandCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Circle Markets and henyep, directly affecting your bottom line as a trader. Circle Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at henyep). Circle Markets charges withdrawal fees while henyep does not, a notable advantage for frequent withdrawers. henyep applies inactivity fees on dormant accounts; Circle Markets does not. Circle Markets charges deposit fees; henyep does not. Overall, Circle Markets scores higher on fees in our assessment.

Circle Markets wins this category
FeatureCircle Marketshenyep
Min. Deposit$100$250
Withdrawal FeesYesNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Circle Markets 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 Circle Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCircle Marketshenyep
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop, Tablet & Mobile appsMT4, 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 Circle Markets and henyep compare. Circle Markets runs regular live webinars; henyep does not. Circle Markets has a video library; henyep does not. Circle Markets publishes daily market commentary; henyep does not. Circle Markets integrates third-party research tools (Trading Central); henyep does not. Circle Markets maintains an archive of past webinars for on-demand viewing. Circle Markets scores higher overall in education and research.

Circle Markets wins this category
FeatureCircle Marketshenyep
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Circle Markets 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
FeatureCircle Marketshenyep
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 Circle Markets and henyep offer live chat support. Both provide phone support. Email support is available at both brokers. Circle Markets supports 2 languages and henyep supports 8, giving henyep broader global reach. Both brokers are comparable on support quality.

Tied
FeatureCircle Marketshenyep
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic