June 2022



If you are looking for the top FX brokers, you are in the right place. We are going to review an FX broker that has existed in the forex market for over 40 years. The company is called HY Markets, which is a division of the Henyep Group. To know more about the company you should go through our HY Markets review.

Speaking of HY Markets, it has its headquarters in London, UK. It is regulated and authorized by the FCA (Financial Conduct Authority.) Although the company is based in London, it has its presence in 20 different countries and 3 continents. It is one of the top brokers 2022 in the world.


One of the best things about HY Markets is the “Quick Links.” These links are divided based on platforms, products, trade tools, and accounts. Just click on the link and it will take you to the page where you want to be.

Another great thing about this broker is the trading assets. It offers a large variety of trading assets including silver, gold, natural gas, and U.S. oil. It also includes other important commodities like indices, blue-chip stocks, sugar, etc.

With HY Markets you get the opportunity to trade in multiple markets even if you have a single account. It also offers the benefit of a currency converter.

Account Types

Let’s talk about the different types of accounts offered by HR Markets. Premium, Standard, and Mini are the three main types of account facilities provided by the broker.

Larger accounts are reserved for VIP Personal Dealer Service. It is special because it gives you access to all markets and top-class service.

For beginners, the Mini account would be a perfect choice. The minimum deposit is $50, so you can start small. It gives you a great opportunity to learn from your experience.

On the other hand, a standard account requires $750 and $2500 for a premium account. These types of accounts are ideal for experienced traders.

HY Markets also has a fourth type of account called the HY Pro Trader Account. It is a VIP account that requires $5000 to get started. It includes the benefits of all the accounts mentioned above.

It also offers a demo account for traders who want to brush their trading skills, before getting into the real game.


The HY Loyalty Program rolls out regular rewards to traders. It offers rebates up to $3 for every set of silver, platinum, or gold you trade. These rebates are accumulative. It deposits the money directly into the trader’s trading account on the platform.

Traders prefer HY Markets for their account benefits. It is currently, one of the best and most intuitive broker firms in the market.

Online trading can be fast and expensive. That means you can place trades from the comfort of your home without ever having to speak to anyone. On the other hand, the speed and efficiency of online trading platforms rely entirely on the supporting technological infrastructure, which could malfunction at very crucial moments.

In this article, we will discuss the most common problems that one can encounter when online trading. By knowing what these problems are, you will easily get better prepared for when they happen to you.

Technical Problems

Online trading platforms are only as good as their underlying servers and software. High volumes on volatile trading days can slow down the processing speeds  and even the information flow. It’s possible for you to incur huge losses if you couldn’t place the required buy and sell orders, especially in the fast-moving markets.

Software bugs can also lead to delays in obtaining price quotes and information on the order’s status. This can also lead to trading losses since you might enter the orders based on incorrect price quotes or delayed order-execution reports. Investors depend on the internet and cellular service providers for researching information and placing trades. If these internet access points malfunctioned, you would not be able to receive timely information or place crucial trades.

Customer Service

Online brokers usually sport lean cost structure, which enables them to offer discounts on commissions. You might have to wait a long time to place a phone trade, especially in times of extreme market volatility. This is because trained and certified traders cost money.

You might need to place important trades over the phone if your online portal malfunctions or if your internet connection is down. Additionally, you might not be able to place certain types of orders over the phone, like those of spread roders that involve options.

Brokers might also put higher-net-worth clients and active traders on top priority, and this could prolong the wait times for average investors. Administrative actions, such as exchanging funds between accounts or transferring positions between brokerages, could take a long time and they can limit trading opportunities.

Feedback Mechanism

Online trading means you are your own investment manager. However, this kind of independence come at a price. You don’t have the advantage of professional feedback loop like a reliable sounding board for your investment decisions.

Online brokers usually do not provide buy-sell recommendations. You have to set aside some time for research, such as reviewing financial statements on corporate investor relations websites and price charts on financial websites.

You can fall back on mutual funds, which offer professional management and diversification, if you do not have the time for sufficient due diligence.


You should have a backup connection to the internet at your workplace or at a public library in case the service provider you have is encountering a problem. Never call the discount broker during regular hours for administrative actions, like transferring positions between accounts.

Avoid placing market orders in fast-moving markets since these orders could be filled at unfavorable prices. Review publicly available information on different brokers, like comments on service levels and features, before opening an online account.


When it comes to retirement planning, many people don’t think about using life insurance as a tool. However, there are several tax benefits that make life insurance an attractive option for accumulation. Here are five benefits of using life insurance for retirement planning

  1. Life insurance policies offer tax-deferred growth. This means that the money you invest in your policy grows free from taxation until you withdraw it.
  2. Withdrawals from a life insurance policy are typically tax-free
  3. You can use life insurance to supplement your income during retirement.
  4. A life insurance policy can be used to leave a financial legacy for your heirs. If you have children or grandchildren, you can use your policy to help them with things like college expenses or buying a home.
  5. A life insurance policy can provide peace of mind in knowing that you and your loved ones are taken care of financially if something happens to you. No one knows what the future holds, but a life insurance policy can give you and your family some financial security.

When you use a life insurance policy for accumulation, the growth of your cash value is tax-deferred. This means that you will not have to pay taxes on any of the money that your life insurance policy earns until you withdraw it. This can be a huge advantage, especially if you are able to let your money grow for many years without touching it

Another benefit of using life insurance for retirement planning or LIRP is that the death benefit from your policy can be used to help cover any estate taxes that may be due when you die. If your estate is large enough, it could be subject to federal or state estate taxes. By using life insurance to pay those taxes, you can help ensure that your loved ones don’t have to come up with the money to pay them.

When considering life insurance for retirement planning there are a number of different types of policies to consider. These policies typically include universal life, indexed universal life, and whole life insurance.

Each policy type has different features that can make them more or less attractive for retirement planning, but one of the most important considerations is how long you have until retirement.

Whole life insurance also has the added benefit of providing a cash value that can be accessed during retirement. Universal and indexed universal life policies also have this feature.

Another consideration when choosing a LIRP insurance policy for retirement planning is the tax benefits. All permanent life insurance policies offer tax-deferred growth on the cash value, which means you will not have to pay taxes on any earnings.

Life insurance retirement planning can be especially beneficial for individuals who are interested in having a portion of their retirement savings be non-taxable. This will allow these individuals to choose which assets to access for retirement income purposes.

When it comes to retirement planning, life insurance should not be overlooked as a tool to help you reach your financial goals. There are a number of different factors to consider when choosing a policy, and a financial advisor can help you make the best decision for your needs.

When it comes to dropshipping, you can do a few key things to ensure success. First and foremost, it’s crucial to find a niche market that you can tap into. Once you’ve found your niche, it’s crucial to build a relationship with your supplier. This way, you can ensure that you’re getting the best possible products at the best possible prices.

Dropshipping is a business model in which ecommerce entrepreneurs sell products without having to carry any inventory. When a store owner receives an order from a customer, they contact the supplier, who will then ship the products directly to the customer’s door. Dropshipping is a great way to start an online business with little up-front investment, but it’s essential to understand the ins and outs.

You also need to understand dropshipping price points. It’s crucial to find a happy medium between what your customers are willing to pay and your margins for you to make a profit. Last but not least, you need to focus on marketing. Dropshipping is a competitive industry, so getting your products in front of as many people as possible is essential.

Here are a few dropshipping tips that will help you drive sales growth:

  1. Find a niche market

The first step to successful dropshipping is finding a niche market. When you’re trying to sell to everyone, it’s challenging to stand out from the competition. But when you focus on a specific niche, you can become the go-to expert for that market.

  1. Build a relationship with your supplier

If you want to succeed in dropshipping, it’s crucial to build a good relationship with your supplier. A good supplier will be able to provide you with high-quality products at a reasonable price. They should also be able to keep you updated on new products and trends in your niche.

  1. Find the right price point

One of the essential aspects of dropshipping is pricing your products correctly. If you charge too much, you’ll miss out on sales. But if you charge too little, you won’t make a profit. It’s crucial to find a happy medium between the two.

  1. Focus on marketing

In order for your dropshipping business to be successful, you need to focus on marketing. There are some ways to market your products, such as social media, search engine optimization, and paid advertising.

  1. Offer excellent customer service

Another vital aspect of dropshipping is customer service. Since you’re not carrying any inventory, it’s essential to offer excellent customer service. This way, your customers will be happy and more likely to purchase from you again in the future.

  1. Stay up to date on trends

It’s essential to stay up to date on trends in your niche. This way, you can be sure that you’re offering the latest and most excellent products. You can also use trends to come up with new marketing ideas.

  1. Always be testing

The only way to know what works and what doesn’t is to be tested constantly. Try different marketing techniques and see what generates the most sales. Also, test different products to see which ones are the most popular with your customers.

If you follow these dropshipping tips, you’ll be on your way to driving sales growth for your business.

Gold is often seen as a safe investment, and many traders invest in the gold market to try and secure their portfolios. For the most part, gold is a safe haven and can be used to protect capital against stock and currency market fluctuations. One way to trade gold is through options contracts – here, we explore whether this is a viable option for the average trader.

What are listed options?

Listed options are a way to trade gold through a regulated market. In essence, they are contracts between two parties that give the buyer the right to buy/sell an asset at a set price at some point in the future. It allows traders to benefit from changes in the value of gold without having to own physical gold themselves.

How can I invest with listed options?

Many brokers offer to trade on listed options for a variety of commodities. It involves choosing an option type, such as a call or put option, and deciding when you want to exercise your contract – either on expiry or before then. It’s also essential to monitor any underlying assets, such as shares in mining companies, which may impact the price of gold.

How can I invest in the gold market with them?

Firstly, it’s crucial to choose a reputable broker that offers this type of trading. You’ll also need to be aware of the risks involved – as with any investment; there is always the potential for loss.

When selecting listed options for gold, it’s essential to do your research and choose a broker that offers a wide range of tradable assets and the tools you need to trade successfully

What risks you take on when you trade with options

Listed options are derivative products, which means they are subject to greater levels of risk than some other types of investment. For example, if the price of gold moves in the opposite direction to what you were expecting, you could lose all or part of your investment. It’s also important to be aware of the fees involved with trading listed options, as these can vary significantly from broker to broker.

As with any investment, it’s essential to research and choose a reputable broker when investing in the gold market with listed options. You can make good returns from this exciting investment vehicle by taking a cautious and strategic approach.

What are some benefits to this type of investment?

Listed options also offer many benefits to investors. Firstly, they provide the opportunity to trade gold without owning physical gold, and it can be beneficial for those who don’t want to store or insure their gold. Additionally, listed options offer greater flexibility than other types of investment – you can choose when to exercise your contract, and the same restrictions do not bind you as with other products such as futures contracts.

Another benefit of investing in the gold market with listed options is taking advantage of leverage, and you can control a more prominent position than investing with cash alone. However, it’s important to remember that this also increases your potential loss if the price of gold moves against you.

What are some things you should keep in mind?

When trading in the gold market with listed options, there are a few things to consider. Firstly, it’s essential to be aware of the risks involved – as, with any investment, there is always the potential for loss. Secondly, it’s crucial to choose a reputable broker (such as Saxo capital markets PTE) that offers this type of trading and carefully consider the fees involved.

With careful planning and strategy, it is possible to make good returns from this exciting investment vehicle.