HY Markets

Category: Forex Broker Reviews http://www.hymarkets.com Average user rating from: 17 user(s) Broker Rating 2.4   Add new review Your name:* Your email address (it will not be published):* Your location: Select location: Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Arctic Ocean Aruba Ashmore and Cartier Islands Atlantic Ocean Australia Austria Azerbaijan Bahamas Bahrain Baker Island Bangladesh Barbados Bassas da India Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Bouvet Island Brazil British Virgin Islands Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Clipperton Island Cocos Islands Colombia Comoros Cook Islands Coral Sea Islands Costa Rica Cote d'Ivoire Croatia Cuba Cyprus Czech Republic Denmark Democratic Republic of the Congo Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europa Island Falkland Islands (Islas Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern and Antarctic Lands Gabon Gambia Gaza Strip Georgia Germany Ghana Gibraltar Glorioso Islands Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Honduras Hong Kong Howland Island Hungary Iceland India Indian Ocean Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Jan Mayen Japan Jarvis Island Jersey Johnston Atoll Jordan Juan de Nova Island Kazakhstan Kenya Kingman Reef Kiribati Kerguelen Archipelago Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Midway Islands Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Navassa Island Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Pacific Ocean Pakistan Palau Palmyra Atoll Panama Papua New Guinea Paracel Islands Paraguay Peru Philippines Pitcairn Islands Poland Portugal Puerto Rico Qatar Reunion Republic of the Congo Romania Russia Rwanda Saint Helena Saint Kitts and Nevis Saint Lucia Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Korea Spain Spratly Islands Sri Lanka Sudan Suriname Svalbard Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Tokelau Tonga Trinidad and Tobago Tromelin Island Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom USA Uruguay Uzbekistan Vanuatu Venezuela Viet Nam Virgin Islands Wake Island Wallis and Futuna West Bank Western Sahara Yemen Yugoslavia Zambia Zimbabwe Ratings (the higher the better) Broker Rating Rate it Scam 1 2 3 4 5 Comments:     Please enter the security code. Add new review Reviews Feed February PROMOTION Learn more. FOREX JUSTICE SPOTLIGHT ARTICLE   Read more. Company response We have not received a comment or response from this company. User reviews SCAM Thursday, 10 February 2011 Written by TES from Canada HY Markets is a scam spread changes not long after if you buy or sell, watch on mt4 platform and web trader platform at same time small windows side by side. I have tryed for over a month now trying to get what little money I have left in my account from them ,( just over $400)They gave me a withdrawl # and zeroed out my account . I e-mail them and say my money has not come back on to my credit card from which it came from . I gave them all my docs months ago and even did a test run with a withdrawl months back and they did it then so I trusted them and put more money in my trader account . After months of losing money no matter what I did,I started watching both Platforms together noticed a difference of pips from the one platform I wasn't trading on to the one I was trading on . anyway to make a long story short I figured I would take My losses and get out I have e-mailed them several times asking where my money is and have not gotten a response Friday, 04 February 2011 Written by Bobby James from Arctic Ocean I've been using HY Markets for about six months. Things have generally been okay, but there are too many bugs in the system. The one bothering me at the moment is the difference in the March 2010 NASDAQ contract, which is listed at 2326, and the spot price, which 2762. When similar situations have arisen, it has been pointless to bring them up, because I have to talk to four or five reps for someone to finally do something about it. I will probably continue trading with them, but I am opening a new account elsewhere. Saturday, 10 July 2010 Written by Victor Salazar from Peru Excelent !!!!! Sunday, 25 April 2010 Written by r_patterson from Canada   -  View all my reviews  - Top 10 Reviewer Customer service is good as well as the trading platform. However there are some "magic" going particularly in trade executions... SCAM Monday, 22 March 2010 Written by Craig from Australia this broker is a scam thankfully i realised it before tradeing and i am disputing the payment with my bank to get my money back! they have no ssl certificates there not registered nor is the "withdrawl" encrypted i recomend getting a new credit card if you use this broker and get your money back! Sunday, 07 February 2010 Written by Aria Villafuente from United Arab Emirates it's sad that some here didn't succeed to trade using their platform... But for me, you;re the one who si controlling your money so everything you gain and you lose, it's your your way on how you trade online. I think next time we should be wise in trading and negotiating with others to gain more money. I find their system good fast! So I recommend HY Markets to all those who want to start business in online trading! :) But remember, be wise! SCAM Wednesday, 18 November 2009 Written by Joseph from United Arab Emirates I recomment not to use this broker for your investment. I have lost my one month saving. While you lose more you will habit/temptation of recovering the money when you see a favarable mkt condition. But do not ........ I dont know if I my self can stop trading with them. Sunday, 15 November 2009 Written by Meow from Singapore Look at all these people crying that they havent got their money back. All FSA regulated Forex broker companies have strict verification procedures. And this is required by the UK government. So far my experience with HY Markets has been a great one. With speedy withdrawals and 24hrs customer support. A great platform and easy to navigate website. I give it a thunmbs up... SCAM Thursday, 18 June 2009 Written by josphine from Belize some guys here quoted(benoori,ashley,hussain and ee)is absolutly wrong.. they donot have any licence from DFSA?(check with regulators)and these people very soon will be vanished from dubai..(and these theives working inside DIFC building without any licence except cheating others)..this business no one can make money except company owners and marketing people.. incase someone make money definitly they will put them strict vigilance..remember remember SCAM Saturday, 08 November 2008 Written by Manh from Singapore it's one of the robbing broker ever. Hope everyone avoid my mistakes. Friday, 07 November 2008 Written by Ben Noori from United Arab Emirates I don't understand why people always blame the broker when they loose the money they choose to invest. I personally lost money with 3 different brokers so far in my trading. These guys are not trading for me … I do all the trading on my own … so why would I blame them? I am trading with HYMarkets for the last 7 months. I have positions that made money and positions that lost money. The market is very unpredictable these days … this crisis is affecting everything. This is not the brokers fault. Companies like HY, that have been established for 30 years and are regulated by FSA and DFSA are actually the only ones anyone should feel comfortable trading with at these times. This is an excellent broker, their customer service is great, they offer all types of tools and trading with them is a pleasure … even at those times when I loose money. SCAM Sunday, 28 September 2008 Written by saad from Jordan i lost about 20000usd in two months on platform of hymarkets may be it is my problem but there is some thing wrong Wednesday, 24 September 2008 Written by Ashley from Canada Very easy to use, started my account for like $50 USD anyways it was very quick and the customer service was very nice when i needed some help. they let me use 2 trading platforums to trade forex, oil, stock and more. its great now i dont need to be using 3 different companies to trade with this is the all in one. Anyways I got free money to trade with just for having my friend sign up. can you imagin i was very surprised, not very often u find a good and respectiable broker to deal with. Wednesday, 02 July 2008 Written by Hussein Hassi from United Arab Emirates I was suprised to read other users comments about this broker. They are regulated by the FSA and the DFSA here in Dubai. I traded with them and they have sent me my money on time both times that I did a withdrawal. The only reason why a payment might be delayed is if you did not submit all your proper documents with them. In that case ... they are forced by the regulators to hold your payment untill you supply all docs. Thats common practise with ALL regulater brokers. Anyway ... their service is great and they offer all capital markets ... not just FOREX. For me that makes HYmarkets.com one of the best platforms in the market. SCAM Thursday, 22 May 2008 Written by aboo becker from United Arab Emirates I am still trying to get money back from this broker. I have contacted them many times and still no help. It was only 2,000 but I just want to warn all of you to be very careful with this broker. I don't even know how they still are in business! SCAM Thursday, 22 May 2008 Written by Joseph from Israel They take money but don't return. Customer service is useless. Use this broker if you want to be robbed. Sorry but I have now a very bad experience with this company in forex trading. Monday, 25 February 2008 Written by ee from United Arab Emirates Recognized group..been for over 30 years..regulated by the FSA of U.K. Nice trading conditions with spreads of 3 on majors and 7 on crosses. Offers fx, energies, metals, indices, commodities, and stocks. Important of all, good withdrwal conditions :) thats all i want