HF Markets Introduces New Account

HF Markets (HFM), a CySEC-regulated retail broker, aims to draw in more seasoned retail traders through an expansion of its copy trading services, heralding the arrival of the “Copy Trading Pro Account.” This new endeavour not only broadens their copy trading features but also introduces the Japanese yen as a fresh base currency while extending additional options for African traders.

Catering to the needs of traders worldwide, HFM crafts a versatile ecosystem. It encompasses a variety of features including an exceptional 1:2000 leverage, real-time trade execution, and a suite of trading platforms, all intricately tailored for market participants.

The broker disclosed that their revamped interface empowers users to track experienced investors and automate the replication of their trading positions. This interface empowers users to access the expertise of experienced market players and seamlessly replicate their strategies. The process is straightforward: create an account, identify master traders, mirror their approaches, and potentially yield corresponding returns. An HFM spokesperson elaborated, highlighting that the introduction of their 'Copy Trading Pro Account' represents a shift in their clients' trading methodologies.

Within HFM's framework, copy trading services operate through HFcopy, with the Pro Account amplifying this tool's capabilities, offering strategy providers innovative avenues.

Although the official announcement depicted HFM's copy trading service as a standard offering, lacking distinctiveness from rival brokers, Finance Magnates probed further, engaging Chrystanthos Kanari, HFM's Head of Marketing.

Kanari revealed that alongside the Pro Account, the broker introduced the Japanese yen as a base currency while enabling South African and Kenyan investors to follow signal providers and strategies globally, irrespective of regulatory constraints.

Kanari emphasized that the expansion carried significant weight for Kenyan and South African traders, substantially widening the pool of available strategy providers to follow.

Addressing recent enhancements, HFM introduced Kate, a virtual assistant fluent in 120 languages, this year.

HFM, born from the rebranding of the FX/CFD broker HotForex in 2022, has a decade-long presence in the industry. The renaming aimed to mirror a more extensive product portfolio that had evolved beyond mere currency contracts.