HY Markets is authorised and regulated by world renowned Financial Conduct Authority (FCA) of the UK.
HY Markets offers competitive and low spreads ensuring clients secure excellent returns.
All clients pay ZERO Commission with HY Markets allowing traders to get the best return on investment.
HY Markets is a division of the Henyep Group headquartered in London with over 30 years history in the financial services industry.
Try HY Markets and experience easy access to the world's capital markets. Whether new to online Forex trading or an experienced trader, HY Markets provides the trading solution for you.
HY Markets is headquartered in London and also has offices based in Hong Kong.
This long-standing expertise and commitment to technology and customer service, has enabled us to develop multiple trading platforms to meet our clients' needs. Trade Forex via the industry leading MT4 download platform, our acclaimed web-based HY Webtrader, or our mobile platforms for the iPhone, iPad and Android devices.
10th Floor, Nine Queens Road Central,
Tel: + 852 - 252 - 544 - 22 Fax: + 852 - 250 - 082 - 16
SFC license number:AAD534
Trading in foreign exchange or currency exchange rates, (also known as FOREX or FX trading), essentially consists of speculating on the way one currency will move against another, and profiting if they move the way you predict. All currencies are traded in pairs, for example GBPUSD, (Great British Pound VS US Dollar). An FX pair is always priced in the form of how many of the second currency you can get for one of the first. So, if GBPUSD is at 1.55, this means one pound will get you 1.55 dollars. As with other products, when you trade an FX pair, you buy or sell. When you buy the pair you are speculating that the first currency will strengthen against the second and vice versa for when you sell.
FOREX is the most widely traded product in the world. From the following chart you can see that daily FX trading turnover through main exchanges as risen from around $500billion in 1988 to over $3 trillion in 2007 and it is estimated that it is nearer $4 trillion today. It is one of the fastest growing markets for retail investors globally as it is open 24 hours a day and you can profit from both rising and falling prices.
As FOREX is so heavily traded world-wide there is clearly an opportunity to profit from both rising and falling prices. This is the main advantage of trading FOREX, an advantage that you will be able to profit from when you trade FOREX with HY Markets – please also see risk warning Liquid Market
As there is such a great flow of FX trading, the prices are incredibly transparent. As it is so fluid, you are unlikely to get hit by a very sharp and sudden price movement against you, or not be able to exit a position.
You can trade FX whenever you wish, day or night. Also, with no intraday breaks, there's no risk of the product re-opening with a large gap and you suddenly making a large loss.
As FX is so widely traded, the volume of information available on the subject of FX trading is huge.
Due to its massive liquidity, you can see large daily trade ranges, giving you the opportunity to make decent returns quickly.
The volume and nature of FX trading make it immune to market manipulation and insider trading.