“HY Markets is 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 worldwide. The Henyep Group of companies are registered and authorized in world-leading jurisdictions including London, United Arab Emirates, and Hong Kong. This provides clients with the comfort and security of a global institution.

HY Markets provides investors with efficient and direct access to all their trading needs. Start trading with the security of an FSA regulated company”.

HY Markets in comparison to other brokers out there has a long history (since 1977) and this good sign proving that HY Markets is a reliable broker.

Quick Facts

Founded in: 1977

Headquarters: London, UK

Maximum leverage: 1:30 for UK and EEA*, Rest of the World :200

Minimum deposit: $50

HY Markets website = www.hymarkets.com

Regulation

Henyep Group companies are authorized and regulated by world leading financial authorities providing clients with global access to capital markets. It has the following licenses: FSA, DFSA, SFC, HKEx. Moreover, Henyep has over 30 years of gold trading experience and is a member firm of Hong Kong’s Chinese Gold and Silver Exchange Society.

Platforms

Offering both Revolutionary Web-based Trading and desktop platforms. Each platform has its advantages, for example: Web-based trading platform (which you do not need to download) could be accessed anywhere with Internet connection.

Major Benefits

It is regulated by FSA in UK.

It has total transparency and security of the world’s financial centers.

Long history – It has been serving investing community for more than 25 years.

HY Markets has very easy opening procedure. You can start trading just with $50 in 5 minutes and you can fund account with credit card.

Multi trading platforms.

Demo Account – highly recommended to try the platform on demo mode before trading on real money. click here to open your demo account

Education – they have a section on education with video tutorials. Where a beginner can learn trading basics: an introduction to margin trading and investing (margin trading basics, order types and understanding account information). Furthermore, they provide traders with technical analysis. You may learn to use charts and statistics to make investment decisions: chart types, indicators and patterns, trend analysis. Plus the most important, HY Markets gives fundamental analysis. The beginner can learn the ability to forecast market movements by analyzing: economic data announcements and news, macroeconomic factors. It is always easy to stay updated with HY Markets. They provide traders with daily market commentary. Receive daily updates on all major capital markets and stay on top of your investment decisions!

Key Disadvantages

HY Markets currently does not work with US clients.

Support

HY Markets has Personalized Customer Support. 24/7 customers are supported by phone, email or chart. They have experienced staff and help desk in local languages. Moreover, they offer VIP services.

Such a respected company as HY Markets offers variety of trading tools. For example, it offers: daily economic calendar, currency conversion, Live Reuters news, glossary of terms and charts.

Account Types

HY Markets offers CUSTOMISED and Islamic accounts to meet the demanding needs of all investors. Such service includes tailor-made accounts customized to individuals’ needs, personal dealers, and dedicated account executives

They offers variety of live accounts. They have MINI Account where you can start trading from $50 and up. It has up to 200:1 leverage and 1/50 premium contract which is good for beginners.

You can choose STANDARD Account where the starting trading amount is $750 and up. It has up to 200:1 leverage, 1/10 premium contract.

HY Markets offers PREMIUM Account as well. You can start from $2,500. It offers up to 200:1 leverage, regular contract sizes.

Spreads at HY Markets start as low as 2 pips.

Summary

HY Markets has a complete product offering. It can meet all the trader needs. You can trade Forex, oil/gas, metals, commodities and stocks. In addition, you can buy long and sell short all the products. It has up to 400:1 leverage.

It is very advisable to trade with trusted company such as HY Markets, they are in this industry for many years, they are regulated by FSA and there are many more reasons I have mentioned above.

Links

HY Markets Web Site

Open Demo Account in HY Market

Open Live Account

Signals in Forex – Tips

*EEA Countries

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK.