HFM launches new mobile trading app in times of change within FX industry

Rick Steves

“Our global audience, many of them are mobile-first, so we wanted to make mobile trading as intuitive and practicable as possible to empower them to access the global financial markets and enjoy seamless trading from within the application.”

CySEC-regulated FX and CFD broker has announced the launch of its new mobile application, available for both Android and iOS users and combining the firm’s offering with reliable technology to offer traders a fully customized mobile trading experience.

The revamped HFM app features in-app trading to better cater for the needs of its ever-growing client base as the retail segment increasingly relies on mobile apps for their trading and investing activities.

The launch of the proprietary HFM mobile trading app comes in good timing. Weeks ago, MetaQuotes’ MetaTrader 4 and MetaTrader 5 were removed from the Apple Store, leaving traders using the iOS version of these platforms out to dry. Now, these users can jump back on the bandwagon of mobile trading.

HFM caters to an increasingly mobile-first client base

“After months of development and rigorous testing, we are proud to release our new HFM mobile trading app. Our global audience, many of them are mobile-first, so we wanted to make mobile trading as intuitive and practicable as possible to empower them to access the global financial markets and enjoy seamless trading from within the application”, said an HFM spokesperson.

The new HFM app now allows traders to access their accounts and trade CFDs on more than 1200 assets straight on the app. Users are given the opportunity to customize their trading with three trading options (Amount, Lots or Units), access a detailed history of each trade and analyze their performance, monitor their positions 24/7 and enjoy effortless trading anywhere, anytime.

Providing real-time prices, automatic market notifications, advanced charting functionality, powerful trading tools and market analysis, among other features, HFM’s mobile application also ensures fast trade execution and promises of more updates and functionalities in the future.

HFM, formerly known as HotForex, offers Direct Market Access (DMA)

HFM is a brand name of HF Markets Group, a multi-asset brokerage catering to over 3.5 million live accounts worldwide. HFM has recently rebranded its image and name from HotForex.

In September 2021, HotForex – now HFM – announced the launch of Direct Market Access (DMA) – a way of placing trades directly onto the order books of global stock exchanges for execution, offering traders the opportunity to access the same liquidity as the underlying market.

This was its key milestone toward multi asset trading. DMA Stocks provide greater visibility and flexibility, direct market live pricing, participation in the market of the underlying stock, interaction with the live order books of global stock exchanges, and orders reflected on the underlying market.

DMA Stocks were the latest addition to its list of over 1000 trading instruments. The newly added products are accessible through the MT5 platform, and the broker ensures negative balance protection, risk management with limit and stop orders, and on the go trading with the HF App.

Read this next

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

<