HY Markets is a trading name of Henyep Capital Markets UK Ltd. It is one of the leading online brokers that is based in London. It presents its online trading services for retail and institutional investors in the financial market. It has more than 30 years’ operational experience and it allows its customers to trade all capital markets unlike most of the other Forex brokers who offer trading Forex only with ignoring other trading products such as most of the important commodities and precious metals which are considered to be the most traded products in the financial market. The company tries to provide its customers with all what they may need to trade professionally in the financial market and this is why it uses the latest technology and develop its platforms to be able to meet the growing demands of its customers and to cope with the latest changes in the financial market.
♦ Multiple platforms
There are several platforms that are offered for customers to meet their different strategies that change according to the conditions of the financial market in which they trade. You can trade through using HYWebtrader that is a simple platform that can be easily used which makes it ideal for novice traders. You have MetaTrader 4 which is the leading, most popular and most used financial trading platform. MT4 allows you to access advanced charts and trading tools. There is also HY Pro Trader which is especially designed for trading higher volumes and getting the deepest liquidity.
You can easily access your account and manage it at anyplace and anytime whenever it is via the mobile trading platforms that are offered by HY Markets and they are appropriate to iPhone, iPad, and Android devices. You will not need to be tied to a specific place to access your account and get the latest changes in the Forex market.
♦ Reliability & several payment methods
There are many features that are offered by HY Markets which makes it reliable. The company is regulated by the Financial Conduct Authority (FCA) of the United Kingdom. It is registered and authorized in three countries around the world which are London, United Arab Emirates and Hong Kong. It presents low spreads, high leverage, no commissions, instant executions, transparency, protects client funds and offers FSCS protection.
The customers’ funds are segregated from the money of the company which protects the customers’ funds from being used by the company when it faces a financial problem. The funds are hold in well-known and trusted banks to provide customers with the needed security and make the funds safe. HY Markets offers several payment options and methods such as Credit Card, PayPal, Moneybookers, webMoney, Wire Transfer and other local payment methods. The customers are allowed to check their open position, P&L and equity online through using any of the offered platforms at anytime throughout the day.
♦ Trade all capital markets
HY Markets allows its customers to trade all capital markets and not only one product like other online Forex brokers. It offers several and different trading products such as Forex, oil, gas, precious metals, commodities, indices and stocks. There is no need to use more than one account to trade these financial products because you can do it from just one integrated account. You can choose the product that helps you to make high profits.
♦ Several types of accounts, high leverage & low deposits
There are several types of accounts that are offered by HY Markets for customers to suit the different sizes of their trades and amounts of funds that they want to deposit. You have four types of accounts which are Mini account which is perfect for newbie investors, Standard account for investors who are little bit experienced in the financial market, Premium account that suits those who want to get VIP customer service and advanced trading tools and finally, HY Pro Trader account which is ideal for trading high volumes and getting fast interbank pricing with deep liquidity.
Opening the accounts and using them is very easy and does not take a long time as all what you need is just 5 minutes for opening your account. The minimum deposit that is required for starting trading with HY Markets is just US$50 which is offered for Mini account and it is a low deposit if it is compared to other Forex brokers and it comes to be affordable for many traders and investors in the financial market. The leverage that is offered is up to 1:300 and it also offers low spreads that start from 0.5 pips.
♦ Demo account
HY Markets offers the investors who are new to trading in the financial market a demo account that helps them to practice trading, try different trading strategies, test their ability to trade and try the services that are offered by the company to decide whether they are satisfactory and profitable or not. You will not need to risk your money or lose it and that is why it will be a good chance for you before starting trading in the financial market with real money.
♦ Learning trading & multiple tools
If you are still a newbie and need to learn the basics of trading on the financial market, then there is no problem. HY Markets offers trading basics, technical analysis, fundamental analysis and market commentary. There are several trading tools and resources that are presented for traders and are essential for them to ensure making high profits and making the right decisions. The trading tools include trading signals, live Reuters news, live prices, economic calendar, currency conversion, charts, SMS alerts and timely market information brief.
♦ Customer support
HY Markets offers its customer a perfect 24-hour customer support that is available for 5 days per week and is presented by a team of experts who are dedicated round the clock for providing you with the needed help, answering your questions and handling all the problems that may prevent you from making high profits. It also presents one-on-one education for newbie traders and VIP services for traders and investors who are more experienced. There are several support channels via which you can contact the support team in several and local languages such as live chat, phone, Fax and e-mail.
♦ Customer ratings
Most of the investors who tried to trade with HY Markets recommend it as a good broker that helps them to make profits, provides them with all the trading tools that they need for trading, offers perfect customer support, high leverage, tight spreads and there is no commission. The processes of depositing and withdrawal are fast and do not take a long time.