Today, let’s have a look at one of the entrants in the global forex broker’s market, HYMarkets – offering mini, standard and premium accounts which allow you to trade forex, oil, precious metals, together with other commodities – and you can open an account with just $50.

About HY Markets
Live prices, Dow Jones news, market information and calendars, advanced charting systems, and technical analysis tools to give you a competitive edge. The online trading platform is supported by a promise of 24 hr live support via telephone, email or chat.

The demo platform is a branded MQL4, see the screenshots – it does all expected of it. If you’ve got experience with MetaTrader, the practice account shouldn’t give you any problems at all. Demo trades, with immediate execution and pending orders, went through without difficulty, and again, did all they were supposed to.

Other products
As is rapidly becoming the fashion, commodities can be traded from the same account, such as oil/gas and precious metals. Gold might be worth a look at the moment, in these nice volatile times. For myself, I’ve been investing gold a lot longer than I’ve been trading in forex, but with the emphasis on long-term.

Bonuses for New Accounts
You want bonuses as well? As a special offer up to the end of February, with a deposit of $5,000 or above in a Mini account you can get a $500 bonus trading credit. This rises for a Standard account to a bonus of $2,000 on a $20k deposit, and for a Premium account to a bonus of $5,00 on a $50k deposit.

Subject to the usual conditions, that there’s a minimum turnover in the first month and the bonus is a trading credit only – so you do get to keep profits made on this capital.

So why not give it a go – register with HYMarkets here. And you’ve got any feedback on performance, do let us know..

Company Information & Regulation
HY Markets has its headquarters in London UK and is authorised and regulated by the Financial Services Authority (FSA) – FSA license no: 186171 – none of this talking to you from a small Atlantic or Mediterranean island, if you feel like withdrawing some money from your account And they’ll take you worldwide – none of this US and Canada residents not allowed…

Note:
A forex demo account won’t (cannot) necessarily have the function and performance as a real trading account – factors such as execution time and offered spreads may well differ, sometimes significantly.