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Compare Forex Brokers HY Markets And Trading Point Forex


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Subjective Ratings

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HY Markets

Trading Point Forex

Charting: Four and Half star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Four star Execution Rating
Transaction costs (spreads): Two star Transaction Costs (spreads) Rating Four 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 Four star Customer Support Rating
Rollover interest rates: Three star Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Three and Half star Withdrawal processing Rating Five 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

Trading Point Forex

 
Registered Business Name: Henyep Investment (UK) Limited Trading Point of Financial Instruments
Broker Headquarters: London, UK  
Also has offices in: Dubai, Hong Kong None
Regulated By: FSA (186171)  
In business since year: 1977 2009
Broker Capital as of 11--0001 Unknown Unknown
Client Account Segregation: HSBC London  
Collect Taxes on Earnings: No  
Prohibit clients from: Yes  
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
Liberty Reserve $0 $0
Moneybookers $0 $0
NETeller $0 $0
Wire Transfer $0 $0
Main liquidity providers: Unknown  

Visit HY Markets Visit Trading Point Forex

Trading Details

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HY Markets

Trading Point Forex

 
Browser platform: HY WebTrader None
Downloadable platform: HY Markets Metatrader 4 (MT4) Trading Point Metatrader 4 (MT4)
Mobile platform: HY WebTrader No
Phone dealing: Yes Yes
Order processing: Market Maker All orders routed through dealing desk.
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:
Micro 500:1* $1/$3,000 1,000/100,000 units Swap-free (Islamic) optional
Executive 100:1* $100,000/unlimited 100,000/5,000,000 units Swap-free (Islamic) optional
Standard 200:1* $3,000/$100,000 100,000/5,000,000 units Swap-free (Islamic) optional
Swap-free accounts       Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 42    1   
No Dealing Desk Execution: Yes  
Typical spread on EUR/USD: 3 pips (0.0003) for Premium, 5 pips (0.0005) for Standard, 7 pips (0.0007) for Mini Accounts 1.9 pips (0.00019)
Fixed spreads: No  
Guaranteed stop losses? Yes  
Trailing Stops: Client-side Client-side
OCO orders available: No No
If/then orders available: No No
Hedging capability: Yes  
Automated Trading: Yes, on MT4
Trading Hours: Sunday 22:00 GMT to Friday 20:00 GMT  
Timezone GMT GMT
Scalping allowed: No  
Account currencies available: 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
Support languages: Arabic, Chinese, English
Demo account: No  
Live chat support: Yes  
Interest on Margin: No
Promotions & tournaments:    

Visit HY Markets Visit Trading Point Forex


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