Hy Stakes (hystakes.ltd) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 2793 Davenport House Regent Street London England W1B 3HH This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: hystakes.ltd.
Hy Stakes (hystakes.ltd) locked my account without warning and demanded documents I had already submitted. for close to eighteen months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Detailed reporting|Excellent charting
Cons: Nothing significant|Mobile app could be improved
I requested my data from Hy Stakes (hystakes.ltd) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Full transparency|Automated trading options|Demo account available|Quick verification
Cons: Live chat only during business hours
After spending since early this year trying to make Hy Stakes (hystakes.ltd) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Portfolio tracking tools|Educational resources
Cons: Minor UI glitches occasionally
I signed up with Hy Stakes (hystakes.ltd) after my brother mentioned them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Segregated accounts|Real-time alerts|Easy withdrawals|Portfolio tracking tools
Cons: Research section could be deeper
The mobile app from Hy Stakes (hystakes.ltd) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Customizable dashboard|Personal attention|Two-factor authentication|Good analytical tools
Cons: Research section could be deeper|Website design could be more modern
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Hy Stakes (hystakes.ltd) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Comprehensive tools|High security standards|Smooth onboarding|Portfolio tracking tools
Cons: Would like more payment methods
KYC with Hy Stakes (hystakes.ltd) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Educational resources|Risk management tools
Cons: Search feature is basic|Could offer more webinars