HY Markets Reviews and User Ratings

Add to compare
  • Overview
  • Information
  • Video
  • Specification
  • Review score

HY Markets Special Bonus


Special Bonus

Receive rebate up to $3 per lot!

back to menu ↑

HY Markets General Information


Broker Name
HY Markets
Established
2001
Country
England
Min Deposit
$50
Max Leverage
1:300
Regulation
English, Chinese, Russian, Arabic
Email
info@hymarkets.com
Telephone
+ 44 - 208 - 816 - 7812
Fax
+ 44 - 207 - 990 - 9499
Website Language
FCA, DFSA, MiFID, SFC, HKEX
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Paypal, WebMoney, Skrill
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Paypal, WebMoney, Skrill

back to menu ↑

Description


HY Markets Background

Headquartered in London, HY Markets.com is part of the Henyep Group, a globally diversified conglomerate with over 30 years of experience. They are authorized and registered in London, United Arab Emirates, and Hong Kong and have a footprint in over 20 countries. It’s well regulated by the FCA, SFC, DFSA, and the MiFID. They offer options to trade forex, stocks, metals, commodities and indices. HY Markets.com has an easy application process and a free demo account available. Full accounts are the Mini, Standard, Premium, and HY Pro Trader which are based on startup funds and add additional benefits for each level of activity. The broker uses the standard MetaTrader4 platform, but augments with extra features to allow clients to better understand products, analyze trends, simulate the market, and more.  HY Webtrader supports the iPhone, iPad and Android devices. All platforms are protected by the latest in encryption technology to ensure trader privacy and safety.

Features of HY Markets

Free trading education and one-to-one support are the basis of HY Market’s features. They have spent a significant amount on trader training and support materials. Some of the additional features are continuous commentary and market information, SMS alerts, timely information briefs, advanced charting systems, and technical analysis tools. Experienced traders also have the option of using personal VIP services. HY Markets is focused on providing quality customer service. They offer 24 hour support in several languages on trading days throughout the world via live chat, phone, fax, or email.  Response from customer support is speedy and the friendly representatives are full of useful information. They offer extensive support materials and have 30 years of service in the industry.

Conclusion

HY Markets has a reputation for excellence and professionalism. They are well regulated and invested in client security. A low minimum deposit and standard trading platform makes HY Markets a good option for new traders and strong benefits are available for premium traders.

back to menu ↑

Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
back to menu ↑

Pros and Cons


PROS:
  • This broker is definitely innovative and focused on customer service.
  • The straightforward design of the Webtrader is easily understandable and the company offers good protection for traders.
CONS:
  • Unfortunately, U.S. clients are not accepted at this time.
back to menu ↑

Account Type


  • Minimum Account Size: $50
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Oil, Stocks, Indices, Metals, Commodities
  • Trading Platforms: HY MT4, HY Web Trader, Mobile trading

  • Minimum Account Size: $750
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Oil, Stocks, Indices, Metals, Commodities
  • Trading Platforms: HY MT4, HY Web Trader, Mobile trading

  • Minimum Account Size: $2500
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Oil, Stocks, Indices, Metals, Commodities
  • Trading Platforms: HY MT4, Web Trader, Mobile trading

  • Minimum Account Size: $5000
  • Spread: Medium/ Fixed
  • Trading Instruments: Forex, Gold and Silver
  • Trading Platforms: CurreneX, Mobile trading

back to menu ↑

HY Markets Review Score


HY Markets Reviews and User Ratings
8.4 Total Score
5 reviews
Add your review
Web Design
8.6
Reliability
9.0
Platform
8.0
Customer Support
8.0
Withdrawal
8.6
Broker Name
HY Markets
Established
2001
Country
England
Min Deposit
$50
Max Leverage
1:300
Regulation
English, Chinese, Russian, Arabic
Email
info@hymarkets.com
Telephone
+ 44 - 208 - 816 - 7812
Fax
+ 44 - 207 - 990 - 9499
Website Language
FCA, DFSA, MiFID, SFC, HKEX
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Paypal, WebMoney, Skrill
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Paypal, WebMoney, Skrill
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
HY Markets Reviews and User Ratings
8.4 Total Score
5 reviews
Add your review
Web Design
8.6
Reliability
9.0
Platform
8.0
Customer Support
8.0
Withdrawal
8.6

Subscribe to Receive Notifications

Get Notified With Good Content and Promotion

5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    MeinKaiser
    July 9, 2016 at 10:30 pm
    2.2
    Web Design
    50
    Reliability
    60
    Platform
    20
    Customer Support
    40
    Withdrawal
    50

    Their trading platform is slow, really slow compared to other similar trading platforms. I get that the integration of multiple products into one platform may lead to performance hits to the platform but this is just plain ridiculous. The sad part is, when you decide to voice your concerns to customer support, they tend to lag behind as well. Ay Caramba!

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Dorian Decano
    March 3, 2016 at 3:36 pm
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    Integration is the key to success, that’s my motto, and apparently that’s why I chose HY Markets. I found it quite cumbersome to trade in different platforms so HY Markets was really heaven-sent, as it allowed me to trade in multiple products including commodities, stock, forex and precious metals. The best part is, I don’t have to keep switching platforms because it’s all integrated into the HY Webtrader.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    Fleur Amor
    December 31, 2015 at 5:00 am
    5
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    100
    Withdrawal
    100

    When investing a significant amount of your finances into an endeavor it’s always a good idea to do a background check on the broker. After checking HY Markets, I knew I had found my trader’s haven. Not only is it a well-established broker it is also regulated by multiple international bodies. The best part is, they deal only with top-tier banks, making sure that all your deposits are in the safest possible hands.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    Josh Buchanan
    November 5, 2014 at 1:50 pm
    4
    Web Design
    80
    Reliability
    90
    Platform
    80
    Customer Support
    70
    Withdrawal
    80

    Honestly, I actually believe that HY Markets is among the top-tiered brokers in the market right now. With its pedigree and decades-long operation, it is really one of the best brokers out there. Sadly though, they are not as beginner friendly as I would have liked. Not only are their education materials rather few in quantity, their commissions are also pretty steep, but hey at least their services are good.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    Luciano Palermo
    July 7, 2014 at 4:40 pm
    4.9
    Web Design
    100
    Reliability
    100
    Platform
    100
    Customer Support
    90
    Withdrawal
    100

    Aside from being a stable and reliable broker, what I really appreciate in the services of HY Markets is their personalized client support system where they assign an account manager to each of their traders. It’s amazing how my account manager is available 24/5 and how there are just so many ways I can reach him. My account manager has really been instrumental in the different trades I’ve done with HY Markets.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

Your total score

Login/Register access is temporary disabled
Compare items
  • Forex Broker (0)
  • Binary Options (0)
Compare
0