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HY Markets Forex Broker Review
About HY Markets Forex Broker
HY Markets forex broker is relatively new to the online forex trading scene, as they only opened 2 years ago (2007). They are based in United Kingdom, and are regulated by the United Kingdom – Financial Services Authority (www.fsa.gov.uk/).
It is fairly easy to open an account with them, as they will let people follow-up the documents required instead of requiring them spot on. Their customer service personnel are also noted to be professional and knowledgeable.
They offer 24-hours forex trading, good for the on-the-go or international (other than US or Europe) trader. Precious metals and commodities, as well as stocks and oil, are available for trading with HY Markets forex broker. Charts are decent, although the platform needs some tweaking, as it is eminent to freezing or crashing.
HY Markets forex broker is good for the trader who wants variety and good customer service.
Basic Broker Details
| Site | https://secure.hymarkets.com |
| Country of Origin | United Kingdom |
| Accepted Deposit Modes | Wire transfer, and major debit or credit card, PayPal |
| Withdrawal Method | Wire transfer, and major debit or credit card, PayPal |
| Leverage | 1:200 |
| Regulation Body | Financial Services Authority (www.fsa.gov.uk/) |
| Spread | 3 to 7 pips |
| Minimum Account Requirement | $50 |
Pros of HY Markets Forex Broker
*Good customer service
*Decent spreads
Cons of HY Markets Forex Broker
*MetaTrader 4 for VIP clients only
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