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HYMarkets Review

The HY Markets is the Forex subsidiary of Henyep Capital Markets, a global financial services company established in 1977. The HY Markets itself was founded in 1999. The broker’s main office is headquartered in London, United Kingdom. Besides there are representative offices in Hong Kong and United Arab Emirates. The broker’s services and operation are regulated by such major financial regulators as FCA, MiFID, DFSA and SFC, which makes the company highly safe and reliable.

HY Markets offers its customers trading with such platforms as Webtrader, HYRPO and the popular trading software – MetaTrader4. Besides Forex the broker offers a wide range of financial instrument including energies (oil/gas), metals, commodities, stocks, equities, indices and many more. At the same time all the investing tools are available from the same trading account which makes investing easy and comfortable.

The standard trading deposit starts from $50, the leverage reaches up to 400:1 and the spreads on major currency pairs are low and vary from 0.5 to 2 pips depending on the currency pair or the used trading tool. The broker allows its client to use a variety of trading techniques including hedging, one-click trading and automated trading.

HYMarkets — Forex Boker information

HYMarkets
Status No status
Broker type Broker, MM
Traders reviews 1 Review
Foundation 1999
Regulation FCA, MiFID, DFSA, SFC
License FCA, MiFID, DFSA, SFC
Languages English, Chinese, Russian, Arabic, Indian
Support phone +44-208-816-7812
Address 3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom
Offices in Hong Kong, United Arab Emirates, United Kingdom
Headquartered in London

Forex Trading information

Accepts US traders No
Trading conditions Min. deposit: $50
Leverage: 400:1
Commissions: 0
Free trial: Yes
Pip Spread on Majors: 1.8
Trading platforms MT4, Webtrader, HYRPO
Other trading instruments Oil/Gas, Commodities, Stocks, Indexes
Leverage 400:1
Pip spread on majors 1.8
Minimum position size 0.02
Digits after the dot in quotes 5
Spread Type Fixed
Min. spread 1.8
Margin call level, %
Stop-out level, %
Minimum distance to stop/limit orders, pips
Guaranteed stop loss Yes
Guaranteed limit orders Yes
VPS for traders No
Rebates per 1 standard lot, $
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone No
Automated trading Yes
One-click trading No
Hedging Yes
Scalping Yes
Swaps No
Pending orders Yes

Forex Account information

Payment methods Credit Card, PayPal, Wire Transfer, WebMoney
Account currencies EUR, USD
Mini account, $ 50
Standard account, $ 750
ECN account, $
PAMM No
Institutional accounts Yes
1st deposit bonus No
Commissions No
Demo account Yes
Bonuses, Promotions Yes
Forex contests, competitions Yes
Free education Yes
Daily analysis Yes
Expert advisors Yes
Trading Signals Yes
Partnership programs No
Affiliate program Yes
Trust management No
Personal manager Yes
Managed accounts Yes
Segregated accounts No
Interest charges on the balance Yes
12:40 pm

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HYMarkets Reviews

  1. HY Markets is a market maker with typical trading conditions, but solid license, that will make you trading more secure, but not easier. A lot of problems with platform, SL hunting, poor customer support, all these makes trading crazy. I advise to choose not only regulated brokers, but also ECN, without conflict of interestes.

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