HY Markets Review

HY Markets Review

Traders can open trading account with this broker to trade Forex which has become an industry of $4 billion in daily turnover. Currency pairs are being traded by all banks, central banks, global institutions, etc. and now available for individuals as well. Here traders can cash in the investment opportunities in far better manner than the stock market as it is 30 times larger than any stock market.

Providing 24/5 trading hours, investors can trade currency pairs anytime, anywhere, HY Markets is a regulated brokerage firm.

Company Information

Founded in:
The Group has over 30 years of operational history
Headquarters:
3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom.
Maximum leverage:
Up to 300:1 leverage for Premium Account
Minimum deposit:
$50
Languages available:
English, Arabic, Chinese and Russian
Regulation:
FCA

Trading Platforms

Whether you are a new or a seasoned Forex trader, you will feel comfortable trading with HY Markets as it brings an excellent range of trading platforms like HY Webtrader, HY MT4 Download, HY MT4 Webtrader, HY MT Mobile, etc. Thus, it caters the requirements from traders whether they want a trading platform that they can download or online trading platform to do trading while moving from one place to the other.

Most of these trading platforms also come with basic charting and analytical tools and a simple, straightforward interface to enhance traders’ experience. These trading platforms enable the traders to trade with total comfort and security as all connections and data communication between the trading client and servers are encrypted and secured with dynamically generated 128-bit keys, the standard for banking operations.

Main Features

If you consider security of your investment as a major requirement, you will be pleased that HY Markets trading platforms have been designed to meet the rigorous security standards of international financial and banking institutions. In fact, in the last three decades and more of their operation, the Group has ensured complete security to customers’ investment by using state-of-the-art technology and detailed processes to handle key areas like user authorization, data protection, and network communication.

Also, this Forex broker tries to educate traders by explaining them Forex terms in articles that supplement their glossary, the abbreviations of the most common currency pairs, etc. so that they can trade competitively. Another bright feature that we saw with this Forex broker was that opening a trading account is quite easy as here you just pay US$50 and start trading in less than 5 minutes.

The best feature among the services this brokerage firm offers; however, seems to be live prices, live Reuters news, market information, SMS alerts, timely market information briefs, advanced charting systems, and technical analysis tools, etc. that give traders a competitive edge.

Customer Support

Trading is made easy for traders by a Forex broker if it provides comprehensive and personalized customer support; here you won’t miss this as this broker brings 24 hours 5 days a week customer support by phone, mail or chat with the help of experienced support staff and help desk in local languages. You also get access to free trading education and one-to-one support as well as personal VIP services if you are an experienced trader.

User Friendly

What we found when writing HY Markets review was that this Forex broker has tried a lot to make trading easy and smooth and for that it has user-friendly trading platforms, easy trading account opening process, easy and quick deposit and withdrawal process, etc. Least but not the last, it brings tools that make trading easier for traders.

Ultimate Overview

Trading with a regulated broker is often the best practice and if you are one among the traders who prefer safe and secure trading, HY Markets is just for you. Also, as it is regulated by the FCA of the United Kingdom, it is obliged to meet strict financial standards including capital adequacy requirements, financial reports to the regulator on a regular basis, maintaining sufficient liquid capital, and detailed annual auditing by an independent financial auditor, your funds are safe.