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Introduction to HY Forex Market
HY Foreign exchange markets offer a diversified group of products that can meet any trader's needs that always changes. The consumers who use HY markets are growing. These markets is regulated and supervised by the FSA or Financial Services Authority based in the United Kingdom. It is one of the divisions of the Henyep. Henyep is a financial group which is in business for more than twenty five years already. They are operated in three major continents. The main goal of an HY market is to offer the customer with quicker and easier access points to different financial market accounts including forex, stocks and commodities.
The HY Market lets their customers trade at once in just a span of five minutes. It features an account that they can open for a very low price as much as fifty dollars which can mean three pips in just one spread. This is just a sample of the opportunity they can have to expose themselves in a different capital market. The users have the capacity to handle two accounts and access them both using just one platform.
The HY market actually offer different kinds of accounts that can be transacted in the forex market. These are mini account, premium account, standard account and Islamic. The mini account can be opened with just fifty dollars. The standard can be opened with seven hundred fifty dollars, premium accounts can be opened with two thousand five hundred dollars and the Islamic account is the account for customers with other needs.
The platform they offer is quite revolutionary. It is also web based. It is commonly known as the HY web trader platform. It lets different users trade with various forex markets in different countries enables from one integrated trading account offering a much diversified portfolio. They have the latest platform which offers different products incorporating live streaming from the Dow Jones market. It updates the users with news from the market and gives them the actual rates and other current information.
The platform can also be used to have different charts as technical tools that help making decisions easier. The HY platform also offers the freeze function which can freeze the rates you input. This is a risk analysis program that provides the user with advanced technical charts for analysis.
Over all the HY platform is a good platform for forex traders. They also provide a good customer support by operating twenty four hours a day during weekdays in different countries.
