HY Markets Review

HY Markets offers a wide range of products to meet the unique and the changing needs of its ever-growing individual institutional customers worldwide. It is authorized and regulated by the Financial Services Authority (FSA) of the United Kingdom and is a division of the Henyep Group, a diversified financial conglomerate with over 25 years of operational history and operations across three continents. It offers its clients with quick and easy access to a range of financial markets such as forex, oil/gas, metals, commodities, stocks and indices.

 

HY Markets enables its clients to start trading in less than 5 minutes, providing them with the feature of opening an account with an amount as low as $50, 3 pips spread, offering them exposure to different capital markets and having the ability to access 2 trading platforms from a single account.

 

HY Markets provides different account types such as Mini account ($50 and above), Standard account ($750 and above), Premium Account ($2,500 and above) and Islamic Account to cater to the varying risk averse needs of its clients. Its revolutionary web-based trading platform - "HYWebTrader" enables users to trade different markets with a single integrated account and diversify their portfolio. The new multi-product platform incorporates live product prices, live streaming Dow Jones news, market information, advanced charting options and technical analysis tools that enable simplified decision-making. All in all, I would suggest that it is a good broker ensuring great execution, good platform, and back office services. Moreover, it is the safest broker to choose if you have a very big trading capital.

 

Why use HY markets?

 

  • Web-based platform: - Revolutionary easy to use software which can be accessed from any computer connected to the internet. Offers freeze rate function, amount to risk function, advanced charting and technical analysis tools, real-time news and real-time account information, and robust banking standard security (encrypted using 128-bit-SSL certificates).

 

  • Product offering: - Trade all global capital markets from a single integrated – forex, oil/gas, metals, commodities, indices and stocks. Advantageous in terms of deep liquidity, margin trading and direct execution on all product offerings. Offers up to 200:1 leverage.

 

  • Back Office Support: - Multi-lingual support team catering 24/5 to our customers need in our all operating countries. 24 Hour Live Chat in order to respond to immediate queries from prospects and existing customers. Support for customers having concerns regarding depositing and withdrawing money.

 

  • Educational Insights: - Offers its client to access to trading basics, fundamental analysis, technical analysis and market commentary.

 

  • Different account types catering to the needs of varying risk averse investors:

 

 

    • Mini Account of US$50 and up for investors who opt to take less risk per trade.
    • Standard Account of US$750 and up for investors who opt to obtain lower spreads with lower contract sizes.
    • Premium Account of US$2500 and up for investors who opt to obtain lowest spreads and regular contract sizes.

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