HY Options uses the well known SpotOption platform that guarantees superior performance on a easy to use interface. They have really created a nice environment for trading that we enjoyed during the HY Options review. The HY Options platform supports many binary options types and we are confident many traders will find that they can exercise almost any strategy buy using these options. Our HY Options review was a pleasant experience because of this.
In HY Options review we see no need to individually present all the separate binary options types since these are well known terms, this is why we will list all the types of binary options that can be traded on HY Options platform:
- High/Low
- One touch
- 60 Seconds
- Long Term
- Option Builder
- Pair Options
- Ladder Options
We think this is a very nice list that takes into account all the various trading styles in binary options. HY Options review was markedly more fun after we discovered our favorites – HY Options pairs trading.
In the intro to HY Options review we also mentioned that this broker has great risk management tools. These are also well known.
HY Options Double up allows traders to bring more to the table if the option looks like it will end in the money.
HY Options Roll Over is there to delay the expiry time of an binary options if trader thinks in the near future the price might take the direction that she desires. This tool requires additional 30% investment and works only if trader is on the loosing end of the option.
HY Options Settle now is especially interesting since it is not that we see it often with other brokers. It allows trader to sell her binary options up to one hour before expiry in order to limit losses.