B
FP Markets logo

FP Markets

8.5/10

henyep

6.4/10
9/10RegulationWinner10/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

FP Markets was founded in 2005 and is headquartered in Australia, while henyep was established in 2010 and is based in Cyprus. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while henyep is regulated by Financial Conduct Authority (FCA) among others. FP Markets serves 10,000+ clients worldwide; henyep has 10,000+. The minimum deposit is $100 at FP Markets and $250 at henyep.

FP Markets wins this category
FeatureFP Marketshenyep
Min. Deposit$100$250
RegulationAustralian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)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
Founded20052010
CountryAustraliaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between FP Markets and henyep, directly affecting your bottom line as a trader. FP Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at henyep). Neither broker charges withdrawal fees. henyep applies inactivity fees on dormant accounts; FP Markets does not. FP Markets charges deposit fees; henyep does not. Overall, FP Markets scores higher on fees in our assessment.

FP Markets wins this category
FeatureFP Marketshenyep
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

FP Markets offers MT4, MT5, cTrader, while henyep supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.

Tied
FeatureFP Marketshenyep
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, IRESS, Mac, Web Trader, 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 FP Markets and henyep compare. FP Markets runs regular live webinars; henyep does not. FP Markets has a video library; henyep does not. FP Markets publishes daily market commentary; henyep does not. FP Markets integrates third-party research tools (Trading Central); henyep does not. FP Markets maintains an archive of past webinars for on-demand viewing. FP Markets scores higher overall in education and research.

FP Markets wins this category
FeatureFP 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. FP Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while henyep supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
FeatureFP Marketshenyep
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FP Markets and henyep offer live chat support. Both provide phone support. Email support is available at both brokers. henyep offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureFP Marketshenyep
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesNot availableEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic