Features and additional about HY Markets Trading Broker
It has a great platform for trading where the newbies and the professional traders can easily find reliable choices and features that must be considered. The site actually offers 3 kinds of accounts, these are the standard account with a minimum deposit of $750 and 1.9 pip for the spreads. The premium account on the other hand has a minimum deposit of around $2,500 and the pro trader account has a minimum deposit of $10,000 for the minimum spreads
Education
The edification section not just offer the usual video, but they also offer the textual topics that aim to provide the newbies as well as the advanced traders the help that they need. The subject may range from the capital markets, trading tools, tips for every trader and managing the risks involved in trading. The technical as well as the fundamentals are very useful and well detailed. The HY Markets also has their own blog, which highlights some of the most important articles in their blog of various subjects. They are written finely by the staff and they are being posted on a regular basis. Most of the blogs are about the stock market reports, however some of the posts are about the tips and advices about different financial matters.
Bonuses and promos
The HY Loyal Program gives rewards to the traders for showing the typical trading with the HY Markets. When they do this, the HY Markets review, the broker was giving away rewards to their loyal clients with 3usd rebates to every gold, silver and platinum members. The trades may be given implemented from any of the accounts and they must be traded with the use of the HY Webtrader or with the use of the HY MT4 platforms.
Commission and spreads
The usual spread at the HY markets 1.8 pip spreads. For minor spreads, you can choose to trade using the NDD trading account. The spreads with this kind of trading account will start at 0.5 pip.
Customer assistance
The customer assistance of the HY Markets is of a high quality and it is high quality one, which available at 24 hours, 5 days a week. There will be a personal account manager that will be designated to every client to give them the help that they need. To be able to reach the customer representative for assistance, the company has provided you with the options like email, chat, call back or through telephone service.
The dependability
There is no doubt that as a big portion of the multinational corporation, the HY Markets will take the insights of the dependability in a very serious manner. More so, you will be able to find that they adhered to the standard operating procedures that is very close to the funds withdrawal. The fund transfer is a very quick as well as well-organized and that can be done by means of the unique way of transferring funds. These may be in the form of PayPal, web money, credit cards or wire transfer. They are regulated by the FCA and that helps in making sure that the traders are legal and that they are protected by the FSCS. To add up to that, the funds were kept isolated and the HY Markets only dealt with some of the prime banks.
Reference: http://www.forex.in.rs/hy-markets-review/