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.
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.