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HY Markets HY Markets Review

HY Markets Review, News and Promotions

HY Markets Headquaters:
3rd Floor 28 Throgmorton Street, London EC2N 2AN

Country
United Kingdom

Trader's rate 4.6
Editor's rate 3.6
11 reviews

HY Markets account:

Minimum deposit: $50

Minimum lot: 2k

Maximum leverage: 1:200

 

Spreads:

Variable, 2 pips

 

Deposit/Withdraw:

Bank wire, Credit card, PayPal

 

Platforms:

Metatrader, Web trading platform

 

Regulated by:

FSA (UK)

Spread

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Cons

 

 

Slippage

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Requotes

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Price feed

Pros

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Platform

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Deposit/Withdraw

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Customer service

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Summary

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Cons

 

 

Traders` reviews for HY Markets Add review

HY Markets: Stop losses are guaranteed against slippage

PROS:
Safety of FSA regulation (FSA #186171);
Long-term business commitment;
Well capitalized;
Client funds are segregated from company operating capital;
Staggering array of tradable instruments;
Ability to long and short any of the instruments available;
Stop losses guaranteed against slippage;
Swap-free accounts available to Islamic traders;
Deposits and withdrawals available by Visa and MasterCard;

CONS:
2 pips spreads for Mini and Standard accounts;
Mediocre swap rates;
Inflexible deal sizing for Premium accounts;

forexbrokerreviews.blogspot.com 04/26/2011

I recommend HY Markets to all

It's sad that some here didn't succeed to trade using their platform... But for me, you are the one who is controlling your money so everything you gain and you lose, it's your your way on how you trade online. I think next time we should be wise in trading and negotiating with others to gain more money.

I find HY Markets system good fast! So I recommend HY Markets to all those who want to start business in online trading! :)

But remember, be wise!

Aria Villafuente, Forexjustice 02/07/2010

HY Market is a good broker, but in some pairs the spreads is too high

Very satisfied according to what they say they offer and what finally they do.

Excellent customer service ,money is transefered allways within the time range.

The only disadvantage is that in some pairs the spreads is too high.

Mathaios, FPA 12/03/2009

I am very pleased with HY Markets as a broker

Hi, I am very pleased with HY Markets as a broker. Their online help is always responsive and is very easy to navigate through their site.

Not only that, but I also managed to go through the verification process easily.

And with drawing my money is easy and not to mention very fast.

Meowis, Forex-Ratings 10/02/2009

HY Markets: Speedy withdrawals and 24 hourrs customer support

So far my experience with HY Markets has been a great one.

With speedy withdrawals and 24hrs customer support. A great platform and easy to navigate website.

I give it a thunmbs up...

Meow, Forexjustice 09/15/2009

HY MARKETS don't ask for all the documents up front

HY MARKETS is an excellent broker and they are doing a fantastic job and provide great service. They don't ask for all the documents up front and allow you enough time to put together every document required by FSA and send it to them. They let you trade in the meantime but they must collect all the document within a certain amount of time. Look it up.

Thomas NG, FPA 02/22/2009

HY Markets: established for 30 years and regulated by FSA and DFSA

I don't understand why people always blame the broker when they loose the money they choose to invest. I personally lost money with 3 different brokers so far in my trading. These guys are not trading for me … I do all the trading on my own … so why would I blame them?

I am trading with HYMarkets for the last 7 months. I have positions that made money and positions that lost money. The market is very unpredictable these days … this crisis is affecting everything. This is not the brokers fault.

Companies like HY, that have been established for 30 years and are regulated by FSA and DFSA are actually the only ones anyone should feel comfortable trading with at these times.

This is an excellent broker, their customer service is great, they offer all types of tools and trading with them is a pleasure … even at those times when I loose money.

Ben Noori, Forexjustice 11/07/2008

HY Markets: trade forex, oil, and stocks with the same broker

HY Markets' trading platform is very easy to use. I started my account for like $50 USD anyways it was very quick and the customer service was very nice when i needed some help.

They let me use 2 trading platforums to trade forex, oil, stock and more. its great now i dont need to be using 3 different companies to trade with this is the all in one.

Anyways I got free money to trade with just for having my friend sign up. Can you imagine I was very surprised, not very often u find a good and respectiable broker to deal with.

Ashley, Forexjustice 09/24/2008

HY Markets are regulated by DFSA here in Dubai

HY Markets are regulated by the FSA and the DFSA here in Dubai. I traded with them and they have sent me my money on time both times that I did a withdrawal.

The only reason why a payment might be delayed is if you did not submit all your proper documents with them. In that case ... they are forced by the regulators to hold your payment untill you supply all docs.
Thats common practise with ALL regulater brokers.

Anyway ... their service is great and they offer all capital markets ... not just FOREX.

For me that makes HYmarkets.com one of the best platforms in the market.

Hussein Hassi, Forexjustice 07/02/2008

HYMarkets offer decent spreads and leverage

Very good site. Decent spreads and leverage. Excellent customer service.

I was particularly happy with the variety of products they offered.

Definitely a good site for people looking to go into a few different markets.

Chris Hinde, Earnforex.com 07/01/2008

HY Markets: spreads of 3 pips on majors and 7 pips on crosses

Recognized group..been for over 30 years..regulated by the FSA of U.K.

Nice trading conditions with spreads of 3 on majors and 7 on crosses. Offers fx, energies, metals, indices, commodities, and stocks.

Important of all, good withdrwal conditions :)

Thats all i want

EE, Forexjustice 02/25/2008
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