HY Markets Review06/27/12
HY Markets was founded in 1978 and is authorized and regulated by the Financial Services Authority of the United Kingdom. HY Markets is a trading name of Henyep Capital Markets UK Ltd., a division of the Henyep Group, a global diversified conglomerate with business in financial services, property, education, and charity spanning 3 continents and 20 countries world-wide. Henyep Group companies are registered and authorized in world-leading jurisdictions including London, United Arab Emirates, and Hong Kong.
Specialising in online trading and investment across all international capital markets, HY Markets has to offer a wide range of products for trading such as FX, metals (gold and silver), commodities (crude oil, natural gas, and cotton), indices and stocks. This enables its customers to trade all the markets from an easy-to-use integrated account.
The following trading platforms are available for HY Markets customers:
- HY Trader By HY Markets
- HY Mobile (XOGEE Mobile) By XOGEE (for the iPhone, iPad and Android devices)
- HY Webtrader (XOGEE Web Trader) By XOGEE
For newcomers HY Markets provides a free practice with a demo account, free one-on-one education, access to tutorials, guides, research and easy-to-use web and mobile trading platforms. For experienced traders this broker offers personal account + VIP managers, automatic execution of trades and spreads as low as 2 pips.
Available account currency for this broker is USD and a minimum deposit starting with only $50 is required to open an account. Customers can start trading in less than 5 minutes due to an easy account opening process. You can fund account with multiple options such as credit card, paypal, and others.
Furthermore, HY Markets offers up to 400:1 leverage, minimum trade size of 2000, instant execution and low spreads. This broker does not charge any commission on any trades.
HY Markets online trading platform is supported 24/5 by dedicated customer support professionals via phone, email and chat in Arabic, Chinese, English and Russian. It is possible to get a consultation from personal account managers, or order one on one coaching.
Continuous market information is provided by HY Markets through live prices, live Reuters news, updated newsletter, market information, SMS alerts, timely market information briefs, advanced charting systems, and technical analysis tools.
HY Markets provides total transparency and security of the world’s leading financial centres, safety of client funds policy, 100% segregation of retail client funds with top-tier banks, transparent deposit and withdrawal policy.