HY Options Review

Up to $10,000 Bonus*
VISIT SITE

Overview

Last HY Options Review update: 28th June 2016 HY Options might be a relatively new broker in the industry, but it has managed to build a reputation that is second to… more

Read Full Review

Broker Details

Broker	HY Options
Website URL	www.hyoptions.com
Founded	2014
Headquarters	Cyprus
Support Number	+357 25 245 750
Support Types	Email , Live Chat , Phone
Languages	English , Arabic , Russian , French , Chinese
Trading Platform	Spot Option
Minimum 1st Deposit	$100
Minimum Account Size	$10
Promotions	Up to $10,000 Bonus*
Payout	82%
Free Demo Account
Regulated
Regulation	Cyprus Securities and Exchange Commission under License Number 259/14.
Account Types	Silver ( $100 ) , Gold ( $2,500 ) , VIP ( $10,000 )
Deposit Methods	Credit cards , Wire transfer
Number of Assets	+200
Type of Investments	Commodities , Stocks , Indices , Currencies
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	4.5

Pros

$100 Minimum deposit
Up to $10,000 Bonus
+200 Assets to trade
Strong platform
Quick withdrawals
EU Regulated Broker

Cons

Not Demo account
They don't accept traders from USA, Canada ( British Columbia, Quebec, Saskatchewan), Japan and Hong Kong

Full Review

Last HY Options Review update: 28th June 2016

HY Options might be a relatively new broker in the industry, but it has managed to build a reputation that is second to none. One of the leading and definitely one of the most trusted brokers amongst clients from around the world, with the exception of USA, Iran and Iraq, this is the right place for you in case you are looking for a secure environment to trade binary options. Regulated by CySEC under license number 259/14, it is owned and operated by HYCM (Europe) Ltd, Cyprus. HY Options is powered by the trustworthy platform of SpotOption.

Website Usability & Platform Features

Contents

Since HY Options is powered by SpotOption, you can expect to find 60 Second Options, Pairs, Long Term, Ladder and One Touch when you login to your account. Novice traders can practice using sixty second options for only $5 per trade, while more seasonal traders can open up to $1,500 positions. With the exception of 60 Second Options, all other forms of trading have a minimum trade of $10.

As a client of HY Options you will be able to benefit from three very distinctive features that allow you to maximize your profits, cut any potential losses or extend the expiry of an asset. These are Double Up, Settle Now and Roll Over. If you are new to trading binary options, your dedicated account manager will be more than happy to explain to you how you can benefit from these features.

Minimum Deposit & Bonuses

The minimum deposit at HYOptions is $100.

When it comes to bonuses, HY Options has an attractive 50% welcome bonus* up to a huge $10,000. That is one of the highest bonuses we’ve seen in the industry. The percentage of the bonus depends on how much your initial deposit is. There are three different account types, namely Silver, Gold and VIP.

Assets and Expiry times

HY Options offers over 160 assets which are divided into Stock, Currencies, Commodities and Indices. Popular stocks include Barclays, Facebook, Google, Deutsche Bank, Gazprom, currencies available are EUR/USD and GBP/JPY, commodities available are Gold, Oil and Silver, while indices include DAX Future, FTSE 100, Hang Seng and lots more.

Maximum Payouts and Returns

There are NO commissions whatsoever when you decide to trade at HY Options.

Returns vary depending on the asset you are trading and its expiration date, but you can expect up to 82%. One Touch options offer higher returns, all you have to do is login to your account to see the exact percentage.

Accounts & Demo

There are three different account types, namely Silver, Gold and VIP.

They don’t provide free demo accounts.

Banking & Withdrawals

As it is a fairly new broker, you can fund your account using your Credit Cards or via Wire Transfer, but our sources tell us that new deposit and withdrawal methods will be added very soon.

Withdrawals are processed within one business day.

Customer Service

You won’t have any trouble getting in touch with the customer support team at HY Options as they can be reached in several different ways. There is a dedicated phone number, email, a call back service and probably the quickest way is through their Live Chat function.