HY Markets is one of the important online capital markets trading website. It provides with both retail and institutional investors with a platform that is quick and easy access to with a range of financial markets including Forex.
HY Markets is a trading name of Henyep Investment (UK) Limited. It is authorized and regulated by the FSA of the United Kingdom. HY Markets is a division of the Henyep Group, which is a diversified trade conglomerate with 25 years and above of operational history and operations across three continents. The history of the company stamps it as reliable.
The minimum account deposit for a regular account is $750 and for the mini account it is $50. The premium account is available for $2500. The minimum leverage is 200:1 and the PIP spread is 3. There are no commissions. Those that are concerned about marginal trading can do so with the low 200:1 leverage. There are other brokers that provide with 100:1 too. The payment options for HY markets are Bank Wire, credit card and Paypal.
The platform of the HYMarkets is cool and good to use software and it can be accessed by any computer that has an internet to it. The software provides with the following:-
• Real time forex news.
• Technical analysis tool.
• Real time account information and updates.
• Good banking security.
• Advanced charting for forex signals.
• Freeze rate function.
• Amount to risk function.
The customer support is pretty good with multilingual support. They have a 24 hour online support with providing clarifications about deposit and withdrawal to the client at any time. They offer beginners with a tutorial on trading basics, technical analysis, market commentary, and fundamental analysis.
There are swap free accounts which are Islamic only with the appropriate applicable storage fee. They offer hedging as separate traders. There are no trailing stops and the spread offered is pretty stable. The maximum leverage is 400:1 thereby making them workable for investors interested in high leverage clients too. HY markets are one of the safest broker to choose in cases where you have a very big trading capital.
HYmarkets have 30 years of operational experience and are licensed and regulated in the United Kingdom with world class trading partners like HSBC and Reuters. They are not dangerous to be dealt with even for a small investor. Perhaps you can call it a safe broker.
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