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HY Options Broker Review 2016

  • Min. Deposit $250
  • Min. Invest $10
  • Return 90%

HY Options broker has established trading platform in 2012 to assist South African traders. As it is relatively new on binary options market, potential traders are interested to get some detail. In this regard, HY Options review will help in getting a closer look on available services.

This brokerage company is owned by HYCM Ltd. in this HY Options broker review, we will provide our readers with more information about trading platform and available features which can be used to achieve profit in binary options trading process.

HY Options Trading Platform

HY Options broker review shows how they have selected SpotOption software to provide up-to-date and accessible interface. This software has received positive feedback as it gives additional features in comparison to other trading softwares.

Cyprus regulated body CySec supervises the trading activities, whereas HYCM Ltd makes the personal data of traders and company safe from scammers. Basically, the broker is legit and has been giving transparent services since its beginning.

Traders in South Africa should know that HY Options is CySec regulated under registration number 259/14.

Minimum initial deposit starts from $100 that is among the lowest in binary industry. Only USD currency is accepted to deposit funds. To place a trade, South African traders have to invest at least $5; while they can get 82% return on trades.

To give peace of mind to traders, HY Options follows the rules of CySEC and segregates the deposits of customers in bank accounts separate from broker’s account.

HY Options

HY Options Trading Features

One Touch, 60 Seconds, Long Term, High/Low, Option Builder, Pair Options and Ladder Options are accessible trading options. A variety of expiry times are mentioned to facilitate South African traders.

Expiry time starts from one minute and expires at the end of the day. Even if traders do not have enough time, they can join the trading platform by selecting 60 seconds trade.

While using the HY Options site, traders are able to choose indices, commodities, currencies and stocks. To make trading terms uncomplicated for beginners, Settle Now, Rollover and Double Up features are suggested.

Settle Now: By selecting Settle Now feature, traders from South Africa become able to sell the selected binary option before expiry of trade period. Traders activate Settle Now features when they are interested to enjoy the low risk trade.

Rollover: When this feature is activated, the traders get opportunity to postpone the expiry period.

Double Up: It helps the traders to double their trade and raise the basic investment.

Our HY Options broker review reveals how HY Options gives partnership opportunities to entertain the individual traders as well as corporates, who are interested to increase the turnover of binary trades.

It is the reason, latest technology is provided to make the partners’ successful. Android and iOS compatible mobile application is provided to make trading possible on the way.

This mobile application works smoothly on tablets, computers, laptop and smartphones. Through this application, the traders can handle the portfolio and receive an overview of previous trades. It takes less than 10 minutes to download mobile application in Apple Store and Google Play.

HY Options

HY Options Trading Accounts

HY Options broker review has disclosed three trading accounts and their distinctive features. These are as follows:

HY Options Silver account

Silver Account investors have to deposit minimum $250 to begin binary trades. At this level, traders are given support through account manager and introductory training sessions.

HY Options Gold account

Gold Account holders need to transfer $2500 to enjoy trading services. Market reviews, free trading signals and advanced training services are given along with an experienced account manager.

HY Options VIP Account

As the name indicates, the VIP account holders are given access to exclusive features. Minimum $25,000 must be deposited in order to become eligible to receive market reviews, advanced training, account manager, trading signals and sign up bonus.

It is noticeable that HY Options gives simple bonuses. The turnover requirements cannot satisfy traders even if traders select the account where sign up bonus is provided. Currently, the trading platform has applied 40 wagering terms to withdraw initial deposit.

HY Options Customer Support Service

Hy Options broker review has confirmed the satisfactory status of customer service. “Contact Us” tab gives information about customer service.

Email, phone call and live chat service can be selected to discuss issues. Traders can reach this broker on email [email protected]. Various departments are established to receive emails concerning sales, technical issues, complaints, accounting and partnership.

Customer support is available in multiple languages, such as Chinese, English, Arabic, German, Italian, French, Spanish and Russian.

HY Options - Review Conclusion

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