Henyep Capital Markets, a.k.a. HY Markets, announced on Monday it is rebranding as HYCM. Its capital investment brands PIPtrade and Henyep Capital Markets (DIFC) also come under the umbrella of the HYCM.com website, which will provide access to a new multi-asset web platform, called PrimeTrader.
According to the announcement, existing clients of HY Markets can log in to the new website with their HY Markets usernames and passwords.Users of HY MetaTrader 4 platform may continue trading on it, while active webtrader users are referred to the new PrimeTrader platform. HYCM’s new flagship platform provides complete online account management, advanced charting package, and integrated pricing.
The broker offers trading more than 100 financial instruments: wide range of currency pairs, various CFDs on indices, commodities, stocks and precious metals, available on two trading platforms. Clients are able to open an account with just $100, use leverage up to 1:500, and choose from three account types – Micro, Standard and VIP.
What is more, the company also offers binaries trading service through its HY Options brand. Set up 35 years ago, the Henyep Group is a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide. It operates out of its offices in London, Dubai, Hong Kong, Kuwait and Cyprus and is regulated by the relevant authorities in those countries.