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.