Followers and Strategy Providers can be assured that HFM is exploring ways to enhance their experience of trading. However, to start with, the platform has already launched an upgrade to HFcopy wherein both types of traders can enjoy better leverage.
Strategy Providers, for example, can join HFM without showcasing any record of past reading activities. Complementing this is the zero requirement of going through the suitability test. Minimum deposit to get started as a Strategy Provider falls in the range of $100 and $300. The leverage remains at 1:500, something that Followers share.
An upgrade to HFcopy brings a chance for SPs to have a maximum of 200 Followers on every account. The number for having accounts is capped at 5.
Traders can get started with the platform as Followers with a minimum deposit of $25.They do not have to go through a suitability test to enjoy the leverage of 1:500. It takes only a single click for traders to set up an account as a Follower.
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A spokesperson has released a statement for the media, expressing excitement about the upgrade, for it brings a lot of exclusive perks and advantages. They have also expressed confidence in the upgrade, stating that it will help everyone who wants to take their trading to the highest potential. HFM is already one of the best forex brokers in Kenya. Updates like these are only likely to up the game for the trading platform. It features on the list along with IC Markets, FXPesa, and Pepperstone, to mention a few.
Founded in 2010, HFM has now extended its operations to over 180 countries across the globe. The trading platform has its headquarters in Cyprus and licenses from different regulators, including, but not limited to, FCA, CySEC, and FSCA.There are benefits for Followers and Strategy Providers at HFM.
Strategy Providers, for instance, enjoy up to 50% in Performance Fees that are paid bi-weekly. Moreover, they can share their trading knowledge and skills with followers in order to extend the inventory of Followers.
Similarly, Followers enjoy benefits like being in control of their accounts, diversification of investment portfolios, and the convenience of copying the trading style of the Strategy Provider. Our HFM review shed more light on this aspect while also talking about its features.
The development follows the release of new Virtual Analyst named Kate. The Artificial Intelligence-based character supports 120 languages and accents. Kate is equipped with providing information about the trading market along with training videos.
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An upgrade to HFcopy Trading is a perfect way for HFM to move forward and support the community of traders. The process to open an account at HFM is pretty much the same for Followers and Strategy Providers. All they have to do is access the official website and select the category for their trading account.
