HY Markets

Editorial Rating:
3.57
Accept US Traders:
No

HY Markets Review

About HY Markets

Founded in 1977, HY Markets is a subsidiary the Henyep Group, a major broker in the financial services, property and education sectors across 20 countries.

Based in the UK, HYMarkets.com offers commission-free online forex trading, with free personal training for beginning traders. 

HYMarkets is regulated by the Financial Conduct Authority (FCA). A 2014 HY Markets review awarded them the title of Best Retail Trading Platform. No HY Markets scams have been reported.

HYMarkets Trading Specifics & Spread

HY Markets forex traders have direct access to the financial markets and a wide range of stocks, commodities and indices in addition to over 30 currency pairs. 

Market spreads at HYMarkets are tight, typically 1.8 pips, or as low as 0.5 pips if traders opt for a NDD HY Pro account. No commissions or hidden fees are charged.

HY Markets Spread Info

HY Markets bonus promotions run frequently on a month by month basis, usually a $100 max matching bonus on a new trader’s first deposit. HY Markets no deposit bonus promotions are rarer.

HY Markets Video Review

Check out this compact 3-minute video review of the platform, software, features and spread info at HY Markets.  As always, created independently at the FxBrokerSearch Video Studios.  

HYMarkets.com Trading Platform Review

HY Markets uses the MetaTrader 4 (MT4) trading platform, compatible with Windows, Mac and Linux.

HY Markets Platform Review Preview

In addition HY Markets develop their own innovative widgets and trading tools for clients to trade more effectively, including the HY MT4 Webtrader which enables MT4 account access remotely via any web browser.

HYMarkets Mobile Trading Review

HT MT4 WebTrader is also accessible by mobile or tablet, on iPad, iPhone and Android devices.

HY Markets Mobile Platform Preview #1  HY Markets Mobile Preview #2

View live streaming tradable prices, get advanced charting, and open and close market orders on the go, with the same level of security encryption and your universal HY Markets login.

HYMarkets Ltd Currency Information

HY Markets offers traders over 30 currency pairs, including exotic pairs. 

One integrated account is sufficient to trade in forex and all other markets, including CFDs, commodities, stocks, indices, shares, metals, oil and gas.

Trading accounts are held in USD. A HY Markets demo account is available free for 14 days, with 50,000 USD in demo funds.

Account Types at HY Markets

HY Markets offers four types of trading accounts with the following conditions:

Account Type

Min. Deposit

Min. Spread

Min. Trade Size

Leverage

Mini

$50

1.8

0.02

300:1

Standard

$750

1.8

0.10

300:1

Premium

$2,500

1.8

1.00

300:1

HY Pro

$5,000

0.5

0.10

200:1

 

Deposits & Withdrawals

Funds can be transferred to your account and withdrawn by:

  • Visa/Mastercard
  • Wire Transfer
  • Webmoney
  • Paypal
  • Skrill

No fees are charged for deposits. Withdrawals are also free of charge with the exception of wire transfers below $300, which incur a $30 handling fee. PRC cards may be used to deposit, then a different option chosen to cash out.

Applications for withdrawals are processed in 1 business day.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.