HY Options is Closed!!!
HY Options was a binary options broker licensed by CySEC. They are owned by HYCM (Europe) Ltd, Cyprus. They are located at 15 Spyrou Kyprianou Avenue, Matrix Tower II, 1st floor, Mesa Geitonia, Limassol, CY-4001.
HY Options can be reached at: +357 25 245 750 and their email address is: [email protected].
HY Options Trading Platform
HY Options offers traders the popular and user friendly SpotOption platform. They offer Binary Options with returns as high as 82% on the $EUR/USD forex pair. They have Daily Options, Pairs Options, Long Term Options, Speed Options of 60 seconds, 2 minute & 3 minute options. They also offer One Touch & Ladder Options. For Forex traders they offer options on all major currency pairs, and minor Forex pairs. Forex traders can open a HYCM account here.
Their trading platform is available in English, Arabic, German, Spanish, French, Italian, and Russian. They offer both Android & iOS apps for mobile trading. Minimum trade amount for 60 sec options is $5. Regular binary options the minimum trade size is $10. The maximum trade size is $1,500. Minimum deposit for new accounts is only $100.
HY Options Special Offers
Currently HY Options is giving new traders a bonus up to $10,000. As with all bonuses from brokers, there are terms & conditions for withdrawing the bonus. Make sure to carefully read and understand the rules before accepting a bonus. Traders can read about bonus complaints here.
HY Options License
When we review binary options brokers to determine if they are a legitimate brokerage firm, or just another online scam. The first thing we check is if they have received a licensed from a regulator like the CySEC in Cyprus. We also look to see if they are included in the MIFId regulatory rules in the European Union (EU)?
The benefit of trading with a licensed broker is that they offer deposit protection of up to €20,000, as members of the Investors’ Compensation Fund. If you have an unresolved complaint against a licensed broker there is always somewhere to turn and you can submit a complaint to CySEC. HY Option even lists a complaints email address on their website: [email protected].
HY Options license number at CySEC is #259/14, see here. HY Options does not accept traders from the United States due to CySEC regulatory rules.
Compare HY Options
There are a lot of binary option brokers. Make sure you compare your broker with at least two other brokers.
