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HY Options Review

HY Options
Our score: 8.0 User satisfaction: 96%
Logo of HY Options

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: 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?

  • email
  • 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 could also be beneficial to check out other subcategories of Binary Options Brokers listed in our database of SaaS software reviews.

It is crucial to note that virtually no service in the Binary Options Brokers category is a perfect solution that can fulfill all the needs of various investors. It may be a good idea to read a few HY Options reviews first as specific solutions might actually excel exclusively in a specific geography or situation or be prepared with a very specific customer in mind. Others may work with an intention of being simple and intuitive and as a result lack advanced functions welcomed by more experienced users. You can also find services that support a broad group of customers and provide a rich feature set, however this usually comes at a more significant price of such a solution. Be certain that you're aware of your needs so that you select a service that offers specifically the elements you search for.

User Satisfaction

Positive Social Media Mentions 130
Negative Social Media Mentions 5

We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and HY Options reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with HY Options. With that information at hand you should be equipped to make an informed buying 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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Reviewed By Jenny Chang
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