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HY Markets — Forex Broker

HY Markets:

Company: HY Markets
On-line since: 2007
Country of origin: United Kingdom
Regulation: Authorized and regulated by FSA (United Kingdom)
Payment options: Bank wire, credit cards, PayPal, CashU
Minimum account size: $50
Minimum lot size: 0.02 lot
Leverage: 1:200
Spreads: 3-7 pips on EUR/USD
Rating:
5.0/10 with 35 votes

Rate broker — HY Markets:
Categories: PayPal Forex brokers
Forex brokers with web platform
Oil trading brokers
Gold trading brokers
Opinions: See HY Markets reviews.

Advantages:

  • Web based trading platform available
  • Freeze rate function
  • No slippage
  • Real-time news

Disadvantages:

  • MetaTrader 4 software available only to VIP clients

Click here to open an account with HY Markets


Reviews:

4 reviews of HY Markets are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


mlc from here02/13/2010

Platform sucks. if you for an day-to-day or market volatility trader, forget it.

it updates digits each few se conds (not good enought for second option, yet acceptable).

but when you need to open/close order, due to web-interface you can do it only within 20 seconds as fastest, sometimes more.

it isnt good enought for a company like this.

i believe they should change to less-overloaded contents (less graphics, minimal data transfers).for now, anytime you try to buy it has to re-load page. with all banners and so on. why they couldnt make popup window or page with no additional info except necessary trade tools?.. less pictures?.. and so on...

other than that- looks nice.

personally, i think spread is messed up, but if you only want to invest 50usd is a good choice.apart from the platform.

and as i understand trading bots is not alloved (in demo).

why?..

i heard some brokers disable these (expert advisors) so they can cheat on you.

but thats just rumours.

if you want to test your skill and dont mind to waste 50 bucks, go on.worth the experience.

helpline is good and they respond fairly fast (20mins for allmost every my email ever sent, usually less).

NOTE i used MINI account, 50USD. for bigger deposits they should have different spreads and maybie meta4 available.

p.s. i will ask about advisors and meta- why is not allowed for mini`s ;)


sam from india02/07/2010

Very , good execution and customer service. I have no problem with their software it works well for me.


Fangus from Singapore08/06/2008

I traded with them at first - the web based platform hangs every toher day and in market events i could not open or close any deal.

The service was ok - but the platform was not really good and i lost money becuase of this.


Chris Hinde from Oxford07/01/2008

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.



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