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HY Options Review
Trading Platform HY Options
HY Options offers the SpotOption Gen 2 trading platform which is used by many other brokers. This stands testimony to the platform’s reliability and efficiency. It is easy to use and has an attractive interface. The platform offers good risk management tools that give traders more flexibility to adjust their trades according to the changing situations in the market.
You can use the advanced trading platform to trade binary options such as Up/Down, 60 seconds, and Pairs quickly and easily. You can also make use of platform features such as Settle Now and Roll Over.
The standout feature is the “Popular” tab on the menu bar of the trading platform that allows you to directly access the most frequently traded assets. Plus, HY Options offers an array of risk management tools including Settle Now, Roll Over, and Double Up.
You need to deposit just US$100 to open an account and you can start trading in less than five minutes. Traders have the options of trading in multiple markets and products including forex, commodities, metals, stocks, and indices.
This broker offers advanced charting and technical analysis tools. You are assured of safe trading as HY Options uses the latest technology for data security. The broker offers reliable 24-hour customer support through phone, chat, and email.
Pros
- Sophisticated trading platform
- Wide range of assets
- Segregated accounts
- Regulated by CYSEC
- Mobile trading is supported
- Managed by financial experts and professionals
- Good education package
- Bi-lingual customer support
Cons
- US traders not accepted
- Returns are average
- No rebates for losing trades
Platform type: SpotOption
Platform Languages: English, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
Company information HY Options
Located in: Cyprus
Website: https://www.hyoptions.com/
Founded in: 2015
Accepts US Clients: No
Phone number: 357 25 245750
Email: info@hyoptions.com
Account Options HY Options
Commission:
Minimum Deposit: $100
Payouts Percentage: 82%
Deposit Options: Credit Card, Bank Wire Transfer
Withdrawal Options: Credit Card, Bank Wire Transfer
Payout Ratios: Maximum return is 82% on the standard options. There is no rebate for losing trades.
Available Assets HY Options
Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
Customer Support Languages: English, Chinese, Arabic
Customer Service Hours: HY Options offers 24-hour customer support.
Place Trades Over the Phone?: No
HY Options Trade types
HY Options offers six trade types:
- Pair Options
- One Touch
- Long Term
- Ladder Options
- Day Options (High/Low)
- 60 Seconds
HY Options Trade accounts
HY Options offers three types of trading accounts:
Silver Account
- Minimum deposit is $100
- Offers introductory training and an account manager
- Web/Mobile platforms
Gold Account
- Minimum deposit is $2500
- Offers trading reports and signals, market reviews, and advanced training
- 1 professional account manager is assigned to the account
- Web/Mobile Platforms
VIP Account
- Minimum deposit is $10,000
- Deposit bonus is 50%
- Includes trading signals, market reviews, and professional training
- Specialist account manager is assigned to the account
- Web/Mobile Platforms
HY Options Position In Our Categories
Position of HY Options in our main categories:
TOP
50
HY Options is one of the top 50 Binary Options Brokers products
If you are interested in HY Options it might also be beneficial to check out other subcategories of Binary Options Brokers gathered in our base of SaaS software reviews.
It is crucial to note that hardly any service in the Binary Options Brokers category is a perfect solution that can match all the needs of all investors. It may be a good idea to read a few HY Options reviews first as some solutions might actually dominate only in a specific geography or situation or be designed with a very specific customer in mind. Others might work with an intention of being simple and intuitive and consequently lack advanced features desired by more experienced users. You can also find services that support a wide group of customers and offer a rich feature set, however that in most cases comes at a more expensive price of such a solution. Make sure you're aware of your needs so that you get a service that has exactly the elements you look for.
User Satisfaction
Positive Social Media Mentions
130
Negative Social Media Mentions
5
We know that when you make a decision to buy a Binary Options Brokers it’s crucial not only to see how experts rank it in their reviews, but also to find out whether the actual users and businesses that bought it are actually happy with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and HY Options reviews across a broad array of social media sites. The data is then displayed in an easy to understand format revealing how many customers had positive and negative experience with HY Options. With that information available you will be ready to make an informed purchasing decision that you won’t regret.
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What Bonus Does HY Options Offer?
No Deposit Bonus:
No
Bonus for First Deposit:
No
Is the Bonus Based on
the Volume of the Transaction?:
No
Other Bonuses:
No
HY Options offers welcome bonuses of up to $10,000. Bonuses are offered for all three trading accounts. There are no hidden fees or commissions and this broker offers fully transparent policies regarding bonuses.
Reliability of HY Options
HY Options is regulated under a revamped Cyprus Securities Exchange Commission (CYSEC) and has to comply with more stringent regulations. The broker is regularly audited by the CYSEC to ensure they maintain sufficient funds to meet trading needs, and maintain segregated accounts for traders’ funds. These measures ensure there is adequate protection for traders. HY Options is a member of the Investor Compensation Fund Scheme and can offer deposit protection for up to 20,000 Euros.
HY Options is part of the large Henyep Group, which is a multinational conglomerate with interests in education, real estate, charity, and financial services in 20 countries. All these factors prove the reliability of this broker.
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