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Compare Forex Brokers HY Markets And FxPro


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Subjective Ratings

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HY Markets

FxPro

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Two and Half star Execution Rating
Transaction costs (spreads): Two star Transaction Costs (spreads) Rating Five star Transaction Costs (spreads) Rating
User-friendliness: Four and Half star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Four star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Four star Customer Support Rating Five star Customer Support Rating
Rollover interest rates: Three star Rollover interest rates Rating Three and Half star Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Four star Withdrawal processing Rating
Average rating: Three and Half star Average Rating Four and Half star Average Rating

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Business Details

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HY Markets

FxPro

 
Registered Business Name: Henyep Investment (UK) Limited FxPro
Broker Headquarters: London, UK Limassol, Cyprus
Also has offices in: Dubai, Hong Kong London, Nice, Vienna, Athens, Moscow
Regulated By: FSA (186171) CySEC and ECB through MiFID
In business since year: 1977 2006
Broker Capital as of 01-1970 Unknown Unknown
Client Account Segregation: HSBC London Hellenic Bank, Eurobank, HSBC
Collect Taxes on Earnings: No No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
MasterCard $0 $0
PayPal $0 $0
Visa $0 $0
Visa Electron $0 $0
Wire Transfer $0 ($250 Min) $0 ($100 Min)
MethodDeposit FeeWithdrawal Fee
Credit Card $0 $0
Moneybookers $0 $0
NETeller $0 $0
PayPal $0 $0
Wire Transfer $0 $0
Main liquidity providers: Unknown FXPro is the counter party to all trades.

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Trading Details

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HY Markets

FxPro

 
Browser platform: HY WebTrader FxPro WebTrader
Downloadable platform: HY Markets Metatrader 4 (MT4) FxPro Metatrader 4 (MT4)
Mobile platform: HY WebTrader FxPro WebTrader
Phone dealing: Yes Yes
Order processing: Market Maker Market Maker
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Premium Account 200:1* $2,500 100,000 units
Standard Account 200:1* $750/unlimited 10,000 units
Mini Account 200:1* $50/unlimited 2,000 units
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
FXPro Account 500:1* $500/unlimited 10,000/unlimited
Swap-free accounts       No swap-free accounts available
Tradeable Instruments: 42    105   
No Dealing Desk Execution: Yes No
Typical spread on EUR/USD: 3 pips (0.0003) for Premium, 5 pips (0.0005) for Standard, 7 pips (0.0007) for Mini Accounts 0.8 pips (0.00008)
Fixed spreads: No No, spreads vary according to market liquidity
Guaranteed stop losses? Yes All orders are executed at best available price.
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes Yes - no extra margin is used.
Automated Trading: Yes, on MT4 Yes, on MT4
Trading Hours: Sunday 22:00 GMT to Friday 20:00 GMT Sunday 22.00 GMT closing Friday 22.00 GMT
Timezone GMT GMT+2
Scalping allowed: No Yes
Account currencies available: USD CHF, EUR, GBP, JPY, USD
Platform languages: Bulgarian, Chinese, Czech, Danish, Dutch, English, Finnish, French, German, Hungarian, Italian, Japanese, Korean, Lithuanian, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Ukrainian Arabic, Bulgarian, Chinese, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: Arabic, Chinese, English Arabic, Chinese, English, Farsi, French, German, Greek, Hindi, Italian, Japanese, Korean, Polish, Romanian, Russian, Spanish
Demo account: No Unlimited
Live chat support: Yes Yes, very knowledgeable.
Interest on Margin: No No
Promotions & tournaments:   None

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