B

henyep

6.4/10

IC Markets

8/10
10/10WinnerRegulation9/10
0/10FeesWinner6/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

henyep was founded in 2010 and is headquartered in Cyprus, while IC Markets was established in 2007 and is based in Australia. henyep holds licences including Financial Conduct Authority (FCA), while IC Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. henyep serves 10,000+ clients worldwide; IC Markets has 60,000+. The minimum deposit is $250 at henyep and $200 at IC Markets.

IC Markets wins this category
FeaturehenyepIC Markets
Min. Deposit$250$200
RegulationFinancial 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-F253Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Founded20102007
CountryCyprusAustralia
Clients10,000+60,000+

Fees

Fees are a critical factor when choosing between henyep and IC Markets, directly affecting your bottom line as a trader. IC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at henyep). Neither broker charges withdrawal fees. henyep applies inactivity fees on dormant accounts; IC Markets does not. IC Markets charges deposit fees; henyep does not. Overall, IC Markets scores higher on fees in our assessment.

IC Markets wins this category
FeaturehenyepIC Markets
Min. Deposit$250$200
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesYesYes

Platforms

henyep offers MT4, MT5, cTrader, while IC Markets 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
FeaturehenyepIC Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsMT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Education & Research

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

IC Markets wins this category
FeaturehenyepIC Markets
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. henyep accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while IC Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
FeaturehenyepIC Markets
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 henyep and IC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.

Tied
FeaturehenyepIC Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicEnglish, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more