As forex trading gains popularity, the copy trade system is becoming a hot trend for retail traders and investors, providing an avenue for passive income, especially for seasoned traders. In the latest forex broker news, HF Markets takes the spotlight with its enhanced copy trading feature.
The multi-asset HF Markets is leveling up its copy trading services with the introduction of the Copy Trading Pro Account, catering to the rising demand in the market. Additionally, including the Japanese yen as a base currency introduces new possibilities for the African community.
Known for its low minimum deposit requirement, this broker stands out with excellent trading conditions across its vast portfolio of 3500 instruments.
The Pro Account elevates the copy trading experience by offering strategy providers enhanced tools through HFcopy. The platform boasts advanced interface features, empowering users to follow seasoned investors and automate the copying process effortlessly.
While HFM's standard copy trading service aligns with industry standards, the Financial Times reached out to Chrystanthos Kanari, Head of Marketing at HFM, for deeper insights into the platform's unique features and advantages.
In another strategic move, the low spreads broker not only introduced the Japanese yen to its portfolio but also made it the default currency for Pro accounts. This means investors from South Africa and Kenya can seamlessly follow signal providers and strategies from any country, irrespective of local regulations.
"This is especially important for retailers in Kenya and South Africa, as it means the list of strategic suppliers to follow is growing exponentially," explains Kanari.