HYOptions Overview
Website: https://www.hyoptions.com
Tel: +35725245750
Minimum Deposit: $100
Minimum Trade Amount: $5
Maximum Per Option: $1,500
Return Rate: up to 82%
Bonuses: up to 50%

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HYOptions Review

Impressions are important

The HY Options website features a sleek and modern design, while the mobile-friendly website has been created to enhance the levels of customer service. Everything you need to know about this broker can be found under their main tabs, but the one that has caught our attention is the Binary Education section. It features a wealth of educational videos, ranging from binary strategies to social trading and from introduction videos to advance in-depth courses. Furthermore, there is a binary eBook and platform tutorials that will come in handy for both novice and seasonal traders. HY Options might be a relatively new broker, but the signs are there that they are here to stay and make a name for themselves.

Trading Software

HY Options utilizes the industry-leading software of Spot Option, which means clients will have the opportunity to trade anytime, anywhere. There is a web-based platform that can be accessed from desktop and laptops while a mobile app for trading binary options with HY Options is available for download from Google Play and can be accessed from all Android supported devices. The HY Options platform offers Day, Pairs, Long Term, 60 Seconds, One Touch and Ladder trading methods. Additionally, there are 3 very useful features, namely Double Up, Roll Over and Settle Now, all of which are available to help clients with their trading. It helps them to increase their investment, delay the expiration of an asset and sell an option before its expiry time.

Bonuses

HY Options offers a plethora of bonuses depending on how much you deposit. The percentage varies, but you can claim up to 50% Welcome Bonus, with the maximum bonus amount capped at $7,000. But what sets HY Options apart from other binary brokers is the fact that you can withdraw your bonus if you meet certain trading requirements. So whether you are looking to open a small or a large account, HY Options caters to both parties.

Deposit Methods

Since HY Options is a fairly new binary options broker, they currently offer just two different deposit methods. But don’t worry, they offer the two most popular ones. You can fund your account using your Credit and Debit Card (Visa or MasterCard) or you can Wire Transfer them the money. Either way, your money is safe! We’ve been told that new deposit methods will be added in the very near future.

Customer Support

Customer support is a key way to differentiate your business within a competitive industry, so HY Options is proud to offer different ways to get in touch with their sales team. You can reach them via Live Chat – the easiest and quickest method, you can email them and you can even use their Call Back service. If you register an account with them, your account manager will add you to their Skype account too. Customer support is available Monday – Friday between 7am and 4pm GMT.

Commodities

HY Options has over 200 assets to choose from including currencies, commodities, stocks and indices. Popular currencies include EUR/USD, EUR/GBP and USD/JPY while commodities such as Gold, Silver, Oil and Platinum are available. This broker offers a huge number of stocks, including the likes of Amazon, Apple, BMW, BMP, Disney and EBay. Indices include FTSE 100, DAX, IBEX, NASDAQ and many more.

The Final Word

The people who operate HY Options have been in the financial industry for a number of years so they know what traders are looking for, so they are happy to oblige. They have superior customer support service and a surplus of trading options, which makes this broker the ideal place to trade binary options, with  trades starting from as little as $5.

HYOptions Pros & Cons

Pros
  • CySEC Regulated Broker
  • Mobile Trading Available
  • Withdrawals Processed within 1 business day
Cons
  • Doesn’t allow US clients
  • No Demo Account