HFM relaunches Copy Trading as a multi-regulated brokerage service

Rick Steves

“Copy trading has become more than just a helpful feature these days. It is a key component of successful online trading, both for beginners and professionals.”

HFM, previously known as HotForex, has announced significant upgrades to its Copy Trading platform, enhancing both security and user experience.

Now cross-regulated, the platform is under the oversight of some of the world’s most respected financial authorities, ensuring heightened security for both funds and personal data. Additionally, the app’s interface has been revamped to be more user-friendly, enabling a quick and hassle-free display of critical information for decision-making.

HFM integrates Strategy Provider list into Copy Trading interface

The centerpiece of this upgrade is the Strategy Provider list, now integrated into the Copy Trading interface. This feature allows traders to share insights and seek advice from the community. The interface has been simplified, featuring an interactive ‘card view’ list of strategy providers, enabling users to quickly scan through numerous overviews and select strategies that align with their personal goals.

“Copy trading has become more than just a helpful feature these days. It is a key component of successful online trading, both for beginners and professionals. We, at HFM are fully aware of that, and that is why we constantly engage in efforts to make our Copy Trading platform the leading copy trading tool that it is. This upgrade is about putting an emphasis on speed, simplicity and security, which are the base of a sturdy copy trading routine”, said the company.

“We truly believe that this new feature will revolutionize the way our clients engage in copy trading. Everyone knows that in today’s market conditions, the name of the game is speed. You can’t afford to miss out on any opportunity. That’s why we put such great emphasis on a user-experience that is nothing short of optimal when it comes to Copy Trading.”

HFM, with over a decade of experience in the online brokerage industry, is a multi-regulated brand serving millions globally. The Copy Trading feature was launched a few years ago.

HFM regulated by CySEC, FCA, DFSA, FSCA, FSA, and CMA

HF Markets (Europe) Ltd, a significant player in the trading industry, operates under strict regulatory oversight. This firm is not only regulated by the Cyprus Securities and Exchange Commission (CySEC) but also holds an extensive cross-border license, enabling it to provide investment services internationally. CySEC, a member of the European Securities and Markets Authority (ESMA), plays a pivotal role as the supervisory authority for investment services firms in Cyprus.

Expanding its regulatory framework, HF Markets (UK) Ltd is under the purview of the Financial Conduct Authority (FCA) in the United Kingdom. The FCA, an independent entity governed by the Financial Services and Markets Act 2000 (FSMA), collaborates with the UK Treasury. Its primary goal is to foster a robust financial system where firms can prosper, and consumers benefit from transparent, effective markets.

In the Middle East, HF Markets (DIFC) Ltd is regulated by the Dubai Financial Services Authority (DFSA). The DFSA focuses on administering world-class financial regulation in Dubai International Financial Centre, a prominent financial hub in the region.

Furthering its global reach, HF Markets SA (PTY) Ltd in South Africa is authorized by the Financial Sector Conduct Authority (FSCA). The FSCA, an independent institution, is responsible for overseeing the non-banking financial services industry in South Africa, including regulating the Johannesburg Stock Exchange (JSE), Africa’s largest exchange.

Moreover, HF Markets (Seychelles) Ltd is regulated by the Seychelles Financial Services Authority (FSA). The FSA is tasked with the regulation, licensing, and supervision of the non-bank financial services industry in Seychelles.

Lastly, HFM Investments Ltd extends its regulatory compliance to the Capital Markets Authority (CMA) in Kenya. As a non-dealing online foreign exchange broker, it is authorized by the CMA, which is in charge of supervising and licensing market intermediaries, including the stock exchange and settlement systems in Kenya.

Each of these regulatory bodies plays a crucial role in ensuring that HF Markets operates within a framework of transparency, trustworthiness, and customer protection, reflecting the company’s commitment to regulatory compliance and ethical business practices in the trading industry.

HFM launched Copy Trading Pro Account

Last month, HFM introduced its ‘Copy Trading Pro Account’, a service that allows traders to emulate the strategies of experienced market players. The goal is to unite traders in navigating the dynamic financial markets.

The Copy Trading Pro Account simplifies the process of replicating successful trading strategies, enabling users to create an account, select master traders, and follow their strategies to potentially gain similar returns.

The platform is designed to meet global trading needs. It features a high leverage of 1:2000, real-time trade execution, and various trading platforms. These elements are tailored to the needs of market participants.

HFM is a multi-regulated brokerage company, catering to a wide range of trading preferences including forex, cryptocurrencies, bonds, and equities. They provide clients with advanced trading tools such as VPS hosting and copy trading.

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